As many as 132 BSE500 stocks hit their respective 52-week highs in May, spanning across sectors, riding on the positive momentum in markets. Some of the marquee names in the list include IndusInd Bank, Indian Oil Corp, Persistent Systems, Bharti Airtel, Hindustan Aeronautics Ltd, ITC, Kotak Mahindra Bank, IndiGo, Titan, Ultratech, DLF, Varun Beverages, Delta … Read more
The only way to play Adani group stocks right now is to do a long strangle in them for next month expiries. These stocks are too volatile and will move more on news flow rather than valuation drivers and technical parameters,” said Rahul Ghose, Founder & CEO – Hedged. Edited excerpts from an interview:Nifty lost … Read more
The continued bull run in the broader market saw 17 stocks on the BSE 500 register double-digit gains last week. This has further widened the premium gap of some of the companies to the industry valuation. The top performers were , , , , , and , having gained 14-28 per cent this week. Mishra … Read more
NEW DELHI: With Tuesday’s intraday gain, the BSE Sensex has climbed over 9,100 points from June low, outshining regional global peers by a good margin. The Dalal Street gains, Rs 50 lakh crore in market value terms, have largely been led by hopes that the domestic economy may stay on a strong footing even as … Read more
New Delhi: Domestic equity markets settled higher during the truncated week, thanks to upbeat economic data which boosted the morale of traders. Benchmark indices – BSE Sensex and Nifty50 – added 2 per cent each, whereas midcap and smallcap gauges also added over a per cent each. Fear gauge India VIX dropped close to 7 … Read more
NEW DELHI: It was a strong week for Dalal Street that saw four of every five stocks from the broader index BSE500 ending higher amid easing oil prices and hopes the US Fed may slow down on rate hikes if the economy suffers big. As many as 23 index stocks surged 10-23 per cent during … Read more
New Delhi: The last week of June was a mixed bag for domestic equity markets as benchmark indices settled with marginal gains. Weak rupee, FII numbers, looming fear of recession and inflationary pressure continued to weigh on sentiments. However, strong auto sale numbers and decent GST collection in June lifted sentiments. Benchmark indices – BSE … Read more
NEW DELHI – Domestic equity markets suffered a sharp decline in the week gone by as mounting concerns over high inflation both home and abroad stoked speculation of aggressive rate increases by central banks. The week gone by was a volatile one for stock markets as the Reserve Bank of India (RBI) announced a 50-basis-point … Read more
The bulls made a strong comeback this past week, with the benchmark indices recouping all the losses it made in the first three sessions to end the week on a strong note, thanks to an improvement in global sentiment and F&O related activity. Banking and auto stocks gained while metals and oil & gas stocks … Read more