Sensex defies global trend, rises 203 points; Nifty above 17,750

Sensex defies global trend, rises 203 points; Nifty above 17,750

Continuing their winning streak for the second straight week, benchmark equity indices closed higher on Friday, led by the index heavyweights , , HDFC and a few private banking stocks. The 30-share Sensex ended 203 points higher at 59,960, while its broader peer Nifty 50 gained 49.85 points to end above the 17,750 level at … Read more

BSE listed co’s m-cap hits all time high, these 12 names contributed one-third of gains

BSE listed co’s m-cap hits all time high, these 12 names contributed one-third of gains

The total market capitalization of BSE-listed companies jumped close to Rs 43.88 lakh crore in the last two weeks and hit an all time high of Rs 280.52 lakh crore on August 18 from Rs 236.62 lakh crore on June 17. For this study, ETmarkets.com has considered the market capitalization of only BSE500 companies, which … Read more

Ahead of Market: 10 things that will decide stock action on Wednesday

Ahead of Market: 10 things that will decide stock action on Wednesday

With Nifty scaling past the key hurdle at 17,500 on Monday, bulls are now looking much stronger on Dalal Street. The positive momentum is expected to continue with Nifty eyeing 17,700 – 17,800 zones. Here’s how analysts read the market pulse: Ajit Mishra, VP – Research, Religare Broking, said Nifty has decisively surpassed the hurdle … Read more

Quick Take: Bluechips among top gainers on Dalal Street this week, startups bleed

Quick Take: Bluechips among top gainers on Dalal Street this week, startups bleed

In the BSE500 Index, more than 310 stocks settled in green, whereas 190 stocks settled in red during the week. 17 stocks surged in double digits during the week, following the corporate actions buzz and upbeat Q1 earnings. Source link

Double bonanza: Bajaj Finserv announces stock split, bonus issue for shareholders

Double bonanza: Bajaj Finserv announces stock split, bonus issue for shareholders

New Delhi: In a double bonanza for investors, has announced stock split along with issuance of bonus shares for its shareholders as it announced its June 2022 quarter results. The company’s board has approved the sub-division of equity shares in 1:5 ratio, which means each share of Bajaj Finserv having a face value of Rs … Read more

Stocks to buy today: 7 short-term trading ideas by experts for 22 July

Stocks to buy today: 7 short-term trading ideas by experts for 22 July

Indian market started on a firm note on Friday tracking positive global cues. The S&P BSE Sensex rose more than 200 points while the Nifty50 inched closer to 16,700 levels in the first 15-minutes of trade. Sectorally, buying was seen in banks, finance, auto, consumer durables, and realty stocks. We have collated stocks from various … Read more

More upside in RIL, HDFC Life; Ultratech may see more weakness: Santosh Meena

More upside in RIL, HDFC Life; Ultratech may see more weakness: Santosh Meena

Benchmark equity indices ended the week on a positive note, thanks to buying during the early half of the week. However, the gains were cut short by reversal on Friday as traders dumped financial stocks ahead of the RBI meeting. It was the third consecutive week of gain for the Indian equity market, led by … Read more

Lockdown in top 20 cities impacted Bajaj Finance: Sanjiv Bajaj

Lockdown in top 20 cities impacted Bajaj Finance: Sanjiv Bajaj

T oday Bajaj Finance is the largest contributor, then comes non-life and then comes life, says the CMD, Bajaj Finserv. I understand that you have been consciously reducing your exposure to crop insurance and it stands at just 1% of your product mix as of Q1 FY21. Given the kind of recovery that we have … Read more