Deepak Fertiliser and Petrochemical Company, part of the commodity chemical space, hit a fresh record high in October 2022 but technical indicators suggest that the rally is not over yet. The stock with a market capitalisation of more than Rs 13000 crore hit a record high of Rs 1,061 on 21st October 2022. The stock … Read more
NEW DELHI: Since the last Dussehra on October 15, 2021, at least 44 smallcaps have given multibagger returns to investors even as the Sensex eroded over 6% during the period amid worries related to the macroeconomic environment and rising interest rates. ITeS stock , which has a market cap of less than Rs 1,400 crore, … Read more
Indian market closed higher on Tuesday after a two-day decline. The S&P BSE Sensex rallied by nearly 400 points while the Nifty50 closed above 17600 levels. Sectorally, metal, auto, public sector, consumer durables, and energy attracted buying interest while some selling was seen in IT stocks. Stocks which were in focus included which rose more … Read more
NEW DELHI: Key benchmark indices Sensex and Nifty50 rallied in four of five sessions last week, producing a solid 1.4 per cent return each. At least 35 stocks from the broader BSE500 index, which is up for the last seven sessions, delivered double digit returns for the week, with every one of five index constituents … Read more
Indian market snapped its six-day winning streak and closed in the red on Thursday amid selling at higher levels. The S&P BSE Sensex and Nifty50 closed flat with a negative bias. Sectorally, buying was seen in healthcare, IT, metals, and consumer durables while some selling was visible in telecom, realty, and public sector stocks. Stocks … Read more
It turned out to be a painful week for the investors on Dalal Street as the benchmark index Sensex lost 2,943 points. The broader Nifty50, which ended below the 15,300 mark, is now just 411 points away from entering the bear zone officially. Data shows that it was the worst week for the Nifty in … Read more
The Indian market bounced back on Thursday after falling for three consecutive days. The S&P BSE Sensex rose more than 500 points while the Nifty50 closed above 16,100 levels. Sectorally, buying was seen in metals, banks, finance, as well as realty stocks while some selling was seen in FMCG counters. Stocks that remained in focus … Read more