After hitting record highs intraday, domestic equities closed flat in a volatile session on Thursday, weighed down by selling in index majors such as Reliance Industries and private banking stocks. The 30-share BSE Sensex ended 33 points higher or 0.1% to settle at 74119 points. The NSE Nifty gained 19 points or 0.1% to end … Read more
The Indian market is likely to consolidate on Thursday tracking muted global cues. The S&P BSE Sensex and Nifty50 closed mixed on Wednesday. The Nifty50 closed just a shade below 19,400 levels. India VIX was up by 1.56% from 11.70 to 11.88 levels in the previous trading session. Volatility was on the rise and made … Read more
Indian market closed in the red for the fourth day in a row on Friday tracking muted global cues. The S&P BSE Sensex fell nearly 1000 points while the Nifty50 managed to hold on to 17800 levels. Sectorally, selling was seen in utilities, power, oil & gas, and telecom stocks. Stocks that were in focus … 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
Investors could consider accumulating shares of residential real estate developers amid the recent weakness as the upcycle in the sector is likely to extend over the next three years, said analysts. , , , and could gain as much as 20-27% over the next one year, according to analyst consensus estimates compiled by Bloomberg. “Outlook … Read more