Mon, Jan 06, 2025
Sensex nosedives nearly 1,200 points as HMPV virus fears, FPI outflows, weak global cues, and earnings jitters weigh heavily on markets, with smallcap and midcap indices slipping up to 2%.
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Indian equities tracking mixed Asian markets opened a tad higher.
Fri, Jan 03, 2025
Markets reverse New Year gains as IT, banks weigh; Nifty eyes 24,000 support.
Thu, Dec 29, 2022
The first half was dull as the Nifty index hovered in a narrow band however a sharp surge in the index majors in the latter half completely changed the tone.
Shares of SBI have outperformed the broader market Nifty50 over one year period yielding nearly 32% returns against 5% return generated by the benchmark index.
Tata Power Share Price: Power Sector is in focus now and Tata Power Company Limited is set for an upside, market expert Nilesh Jain said. He said that the risk to reward ratio is favourable over the long term horizon.
Stock Market HIGHLIGHTS: Singapore-based SGX Nifty recovered 100 points though the bias was negative. It was down by 17 points or 0.09 per cent at 18,120. Dow Futures were trading at 32,939.30, up 63 points or 0.19 per cent
Wed, Dec 28, 2022
The benchmark indices – NSE Nifty50 and BSE Sensex – which are trading near 18100 and 61000 levels as of today may touch 22,200 and 74,000 levels, respectively, on the higher side in 2023.
Shares of Titan Company and Mahindra & Mahindra closed as top gainers on Nifty and Sensex on Wednesday while telecom major Bharti Airtel shares ended as top losers on the NSE and BSE.
Motilal Oswal maintains a buy on Axis Bank stock with a price target of Rs 1130 which is nearly 21 per cent higher from the price at which it was recommended
Mon, Dec 26, 2022
The benchmark indices Nifty50 and Sensex gradually inched higher as the day progressed to eventually settled at 18,014 and 60,566 levels- each up over 1 per cent.
Sanjiv Bhasin said that Nifty50 will reclaim 18,500 next week and suggested investors not fall prey to the rumours. He added that Nifty will also achieve 19,000 before the Union Budget.
SBI, IndusInd Bank, Cipla may give returns up to 25 per cent on long-term months, say ICICI Securities and Motilal Oswal analysts as Indian shares bounced sharply after last week's bloodbath.
Market expert Sanjiv Bhasin said that he is bullish on the Tata Group company and called it one of his favourites in the auto sector. He said that the company commercial vehicle sales are four times than what Ashok Leyland sells
Siemens Share Price: Siemens Limited shares gained on Monday on news of Rs 26,000 crore worth contract it has bagged from Ministry of Railways. The stock was trading at Rs 2,858 on the NSE and was up by Rs 70.80 or 2.54 per cent around 10 am
Sun, Dec 25, 2022
Steps to promote ease of doing business, skilled manpower, presence of natural resources, liberal FDI policies, huge domestic market and prospects of healthy GDP growth are the reasons for optimism on the foreign inflows front for India in 2023.
Market This Week, Market In Last Week of 2022: The market in the earlier week had been subdued and was dragged by multiple headwinds, including Covid-19 concerns, as per many analysts.
Fri, Dec 23, 2022
Indian shares posted their worst performance in six months hit by US economic data as the country reported better than estimated GDP growth numbers from July through September despite sharp interest rate hikes being undertaken by the US Federal Reserve
Thu, Dec 22, 2022
The India VIX index, which measures the market’s volatility, was at the day’s high level, gaining more than 4 per cent to 16.225 in the early morning trade on Thursday
Stock Market Today Updates: Global stock markets rose on Wednesday, as the US consumer confidence rebounded in December, and the dollar regained stability after the Bank of Japan rocked markets with a surprise decision to loosen its grip on government bond yields.
Wed, Dec 21, 2022
V-Guard Industries Limited’s acquisition of leading kitchen appliances brand Sunflame Enterprises Private Ltd (SEPL) augurs well for the company. Brokerage firm Sharekhan sees a 23 per cent upside or Rs 60 per share gain. The stock was recommended at a price of Rs 261
Sensex closed 1 per cent lower at 61,067.24 levels while Nifty50 finished at 18,199.10, down 186 points.
The short-term trend of the Indian stock markets will be positive on Wednesday, December 21, 2022.
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