IFCI counter witnessed Rs 53 crore block deal in which 97.13 lakh shares of the company changed hands. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times) Source link
Benchmark indices hit new peaks on Tuesday with Sensex breaching the historic 75,000-mark for the first time during intra-day before ending the session marginally lower on profit-booking at higher levels. Stocks that were in focus included names like Hindustan Zinc, which jumped nearly 17%, Vodafone Idea, which fell 2%, and Angel One, whose shares declined … Read more
Nearly 43 lakh new demat accounts were added in February taking the overall tally to 14.80 crore accounts according to estimates by Motilal Oswal. Meanwhile, the average monthly additions were 21 lakh in FY23. Central Depository Services (India) Limited continued its market dominance gaining market share in February 2024 in terms of the total number … Read more
Indian market closed in the red for the third consecutive day in a row on Friday. The S&P BSE Sensex fell more than 200 points while the Nifty50 closed below 19600 levels. Sectorally, selling was seen in oil & gas, metal, telecom, FMCG and energy stocks. Stocks that were in focus include names like Bombay … Read more
Domestic equities saw a sharp rally from the start of FY24 with Nifty crossing the 20k mark supported by strong macros and upbeat earning growth. This is also reflected in the revival of the number of active users on NSE which increased for the second consecutive month to 32.7m in Aug’23 from 31.9m in Jul’23. … Read more
Mumbai: The capital market authorities are understood to be examining a ‘pledge-repledge mechanism’ to meet the twin objectives of ring-fencing unused investor money lying with the stock brokers while simultaneously letting them earn from the float. Since earnings from unutilised money of clients comprise a significant part of the income of many brokers, there has … Read more
Gold prices have shot up nearly 8% this year-to-date and the yellow metal has outperformed all other asset classes. As the prices remain elevated, investors must wait for some correction in yellow metal before resuming a buy. While the jury is still out on whether the Federal Reserve will increase interest rates or do a … Read more
Nifty futures on the Singapore Exchange traded 58.5 points, or 0.34 per cent lower at 17,046.5, signaling that Dalal Street was headed for a negative start on Thursday. Here are a dozen stocks which may buzz the most in today’s trade: Infosys, MindTree, Angel One: Infosys, MindTree, Angel One, Cyient, , , , Alstone Textiles … Read more
NEW DELHI: A dozen companies are set to report their June quarter results today. They include , Larsen & Toubro Infotech, and Angel One. This is what one may expect from the four companies later today. ACC: Centrum Broking sees ACC’s June quarter profit at Rs 334.20 crore, down 41.6 per cent year-on-year (YoY). This … Read more
New Delhi: Nifty50 on Wednesday saw selling pressure, as it ended up forming a bearish candle on the daily chart. The index failed to see a follow through buying, following the breach of 15,200-15,400 range in the previous session, reflecting a lack of strength. Analysts said a fall below 15,400 could trigger further weakness in … Read more