India’s largest domestic institutional investor Life Insurance Corporation of India (LIC) has reduced ownership in at least 80 stocks, including 16 PSUs, in the March quarter with the market value of its portfolio surging to Rs 14 lakh crore. LIC was seen cutting stakes in BHEL, SAIL, Coal India, Oil India, Mahanagar Gas, MOIL, SBI, … Read more
Once again volatility is back, down one day, up another. During the period of correction and volatility, there were select stocks which were able to outperform and gained weight, by closing in green in a market which is under pressure. Also they also saw their rating improve. A number of them have seen their score … 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
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