The stock has risen over 4 percent just in January, extending gains for the fifth straight month since September 2023. Between September and January to date, it has advanced 23 percent. Meanwhile, the stock has jumped 37 percent in the last 1 year. The private sector lender hit its 52-weekRead More →
V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services observed that the current rally in the market, primarily driven by momentum, is now getting support from fundamentals. He said the sharp bounce in large-cap IT stocks on the back of slightly positive management commentary indicates that an underperforming segment canRead More →
Sensex Today | Share Market Live Updates: Indian benchmark indices Sensex and the Nifty 50 are poised to open on a higher note Tuesday tracking global markets. The Gift Nifty also indicates a gap-up opening for Indian markets. Asian stock markets showed some signs of resilience with most indices recordingRead More →
NTPC share price extended its record-setting run for the second consecutive session as it rose almost 3 per cent to hit its fresh all-time high of ₹325.60 in morning trade on BSE on Friday, January 5. NTPC share price opened at ₹322.50 against the previous close of ₹317.10 and climbedRead More →
Rishi Kohli, CIO – Hedge Fund Strategies at InCred Alternative Investments, expects the next 2 years to be bullish and advises investors to be long on equities. However, one should get cautious as we head into elections, he said. “There is a lot of talk already that Nifty has over-stretched,Read More →
Financial markets in Australia, Hong Kong, Indonesia and New Zealand are closed Tuesday for public holidays. 26 Dec 2023, 07:27:35 AM IST Asian markets closed India’s currency, debt and equity markets were closed on Monday, 25 December, for the Christmas holiday. Nifty 50 climbed 0.44% to 21,349.40 on Friday, whileRead More →
As per media reports, around 3.3 crore shares, representing 20 percent equity in the company, changed hands at a floor price of ₹500 apiece. The floor price is at a 6 percent discount to its yesterday’s closing price of ₹532.25. The reports claim that global private equity firm General AtlanticRead More →
The Sensex rose over 955 points to its new high of 70,540, whereas the broader Nifty50 index advanced 263 points to its record high of 21,189.55. The US Federal Reserve has opted to maintain unchanged interest rates and has additionally signaled the likelihood of three quarter-point cuts to the benchmarkRead More →
As of December 13, the stock has been on an upward trajectory for the twelfth consecutive day, setting a new record for continuous gains, surpassing its previous record of 11 straight days of positive movements. During intra-day trading on this day, the stock rose as much as 2.5 percent, reachingRead More →
Both the Sensex and the Nifty closed a tad off their intraday highs, gaining over one-tenth of a per cent each at 69,928.53 and 20,997.10. Foreign portfolio investors (FPIs) purchased shares worth a provisional ₹1,261.13 crore on Monday, while domestic institutional investors (DIIs) sold a net ₹1,032.92 crore. A revivalRead More →
