Sandip Sabharwal, asksandipsabharwal.com, says “the markets have corrected and people are correlating it to what might happen in the election. I do not think that is the right way to do it. I think markets fall under their own weight when they become overweight. So, the Indian market became overweight and is correcting a bit. … Read more
Mumbai: Endimension Technology has raised Rs 6 crore in a Pre-Series A round led by Inflection Point Ventures. Other investors in this round include Sucseed Indovation, SINE IIT Bombay and individual angel investors. The funds will be utilised to fuel artificial intelligence (AI) research and development, team expansion, and software enhancement. These strategic investments aim … Read more
Benchmark indices closed at new lifetime peaks on Friday after the Reserve Bank raised the growth forecast for the current fiscal and kept policy rates unchanged. The 30-share Sensex rose 304 points to settle at 69,825. The broader index Nifty also climbed 68 points to reach a fresh record high of 20,969. Stocks that were … Read more
Benchmark indices settled with marginal gains on Thursday in a highly volatile trade. The 30-share BSE Sensex closed 86 points higher at 66,988 and the broader Nifty edged up 36 points to close at 20,133. Stocks that were in focus included names like BHEL, which rose 3.36%, GAIL, which jumped 4.77%, and Hudco, whose shares … Read more
Benchmark Sensex rallied 727 points and Nifty closed above the 20,000 mark on Wednesday driven by buying in select heavyweights. Stocks that were in focus included names like Zomato, which rose 3.43%, Aster DM Healthcare, which jumped 18.14%, and Siemens, whose shares increased 1.03% on Wednesday. Here’s what Riyank Arora, Technical Analyst at Mehta Equities, … Read more
Benchmark indices snapped two days of losses to close higher on Tuesday. The 30-share BSE Sensex rose 204 points to settle at 66,174 and Nifty gained 95 points to end at 19,889. Stocks that were in focus included names like NDTV, which rose 12%, TCS, which jumped 0.4%, and Suzlon Energy, whose shares declined 4% … Read more
Equity indices ended almost flat in highly volatile trade on Thursday. The 30-share BSE Sensex dipped 5 points to settle at 66,017, while Nifty slipped 9 points to end at 19,802. Stocks that were in focus included names like CDSL, which rose 4.71%, Cipla, which fell 7.6%, and CE Info Systems, which rose 1% on … Read more
Equity indices eked out marginal gains to settle in the positive zone after a highly volatile trade on Wednesday. The 30-share BSE Sensex climbed 92 points to settle at 66,023, while the Nifty edged higher by 28 points to end at 19,811. Stocks that were in focus included names like Delhivery, which fell 4.15%, CG … Read more
Benchmark indices rebounded on Tuesday after two days of decline amid a bullish trend in the US markets on easing rate hike worries. The 30-share BSE Sensex climbed 275 points to settle at 65,930 and the broader Nifty went up by 89 points to 19,783. Stocks that were in focus include names like Tata Investment, … Read more
It was a muted session for domestic equities on Monday, as benchmark indices settled with marginal losses. The Nifty 50 and Sensex ended with 0.2% cuts each, at 19694 points and 65655.15 points, respectively. Although indices remained in a narrow band, several stocks in the midcap and smallcap segments were in action. After hitting a … Read more