After BSE has announced that it will discontinue Bankex weekly expiries, the market is rife with speculations that NSE may choose Nifty Bank over Nifty as both exchanges have to pick one expiry under new Sebi rules. Nifty Bank brings in higher volumes for the exchange, and better trading opportunities for speculators, but if Nifty … Read more
New Delhi: Aurobindo Pharma on Saturday said its consolidated net profit increased 61 per cent year on year to Rs 919 crore in the first quarter ended June 2024, aided by strong sales across markets. The Hyderabad-based drug maker had reported a net profit of Rs 571 crore in the April-June quarter of last fiscal. … Read more
Indian Railway Finance Corporation Share Price 216.32 03:59 PM | 15 Jul 2024 -1.12(-0.52%) One97 Communications Share Price 469.65 03:59 PM | 15 Jul 2024 3.7(0.8%) YES Bank Share Price 26.38 04:00 PM | 15 Jul 2024 0.78(3.05%) ITC Share Price 463.4 03:59 PM | 15 Jul 2024 4.35(0.95%) HDFC Bank Share Price 1622.1 03:59 … Read more
Domestic markets experienced one of the best weeks in 2024 with Nifty and Sensex extending closing at record highs last week. In today’s trade, shares of HCL Tech, DMart, Jio Financial, HDFC Life, Kotak Bank among others will be in focus due to news developments and first quarter results. HDFC Life, Jio Financial, HDFC AMC, … Read more
Aurobindo Pharma, part of the pharma space, has rallied more than 100% in FY24 but found some resistance above Rs 1,100 levels in January 2024. The stock underwent price wise correction since January 2024 and is now showing signs of bottoming out which suggests that bulls are ready to take the charge again. Short-term traders … Read more
The Indian market bounced back on Friday after falling nearly 1% in the previous trading session. The S&P BSE Sensex rose more than 300 points while the Nifty50 closed above 19600 levels. Sectorally, buying was seen in metal, healthcare, public sector, and oil & gas stocks while selling was seen in IT stocks. Stocks that … Read more
Indian market recouped losses and closed flat with a positive bias on Monday. The S&P BSE Sensex settled above 65,400 levels while the Nifty50 managed to hold on to 19,400 levels. Sectorally, buying was seen in IT and FMCG stocks while selling was seen in metal, power, public sector and realty stocks. Stocks that were … Read more
Technical charts indicate Nifty could extend its recordbreaking run and the upward momentum acceleration towards 19,700 in the coming month. HDFC twins, Mahindra & Mahindra, Reliance Industries, L&T, Bajaj Auto, Hero Moto, JSW Steel, Bharti Airtel, Indian Hotels, HEG, Persistent Systems, Gabriel, and BEL, are some of the stocks recommended by technical analysts for short-term … Read more
NEW DELHI: Spread across almost every nook and corner of Dalal Street, Life Insurance Corporation of India or LIC‘s portfolio is humongous with Rs 10 lakh crore riding on as many as 273 stocks. So far in the calendar year 2023, there are 12 stocks in LIC’s kitty that have delivered at least 20% return … Read more
“Indian Hotels has been delivering very strong numbers and I think for some companies COVID actually helped them because many of these companies were very good brands and very good service companies, but they had cost issues,” says Sandip Sabharwal, asksandipsabharwal.com. I am going to pick and choose one stock that I know you are … Read more