Equity benchmark indices tumbled on Monday as investors offloaded finance, banking and energy stocks amid escalating tensions in the Middle East and surging crude oil prices overseas and higher US interest rate concerns. Investors stayed on the sidelines and refrained from taking risks amid uncertainty due to the Israel-Hamas conflict, analysts said The NSE Nifty … Read more
Benchmark equity indices ended lower on Wednesday after three days of gain amid profit-taking ahead of the June inflation print, which came in higher owing to high food prices.Fag-end selling pulled down 30-share BSE Sensex by 223.94 points or 0.34% to settle at 65,393.90.Nifty closed below 19,400 levels, with a cut of 55 points or … Read more
After the underperformance during the January-March quarter, benchmark Nifty50 delivered gains over April and May. The index is now set to surpass the lifetime high of 18,887.60 it scaled in December last year. While Nifty50 will take an upward trajectory, midcap stocks are likely to see stronger momentum. “We expect broader markets to accelerate upward … Read more
Nifty futures on the Singapore Exchange traded 58.5 points, or 0.34 per cent lower at 17,046.5, signaling that Dalal Street was headed for a negative start on Thursday. Here are a dozen stocks which may buzz the most in today’s trade: Infosys, MindTree, Angel One: Infosys, MindTree, Angel One, Cyient, , , , Alstone Textiles … 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
While the headline index Nifty gained 3.4 per cent in August, the total market capitalization of BSE-listed companies increased to Rs 280.24 lakh crore during the month. As a result, Dalal Street investors turned richer by Rs 13.66 lakh crore in August. In July-end, the total market capitalization of BSE-listed companies was at Rs 266.58 … Read more
Global cues kept the market under pressure last week. On the weekly timeframe, Nifty closed on a negative note following the formation of a bearish evening star candlestick pattern. On the sectoral front, metals and PSBs led the rally, while IT turned green after continued selling pressure on Friday. Here’s how analysts read the market … Read more
Elgi Equipments, part of the capital goods industry, has rallied more than 100 per cent in a year and the rally may not be over yet, suggest experts. Investors who missed out on the rally seen in the compressors and pump company can look at accumulating the stock now or on dips for a possible … 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
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