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
Indian stock market closed in the green for the second straight day on Tuesday. The S&P BSE Sensex rose more than 270 points while the Nifty50 reclaimed 19400 levels. Sector-wise, buying was seen in telecom, capital goods, consumer durables, and power stocks while selling was visible in metals and banks. Stocks that were in focus … Read more
Shares of defence companies were buzzing in Tuesday’s trade, with Premier Explosives leading the rally on favourable growth prospects, backed by robust order book and healthy pipeline. While Premier Explosives was up nearly 20% in intraday trade, Bharat Dynamics and Zen Technologies rose 15% and 13%, respectively. Mazagon Dock Shipbuilders, on the other hand, was … Read more
Amid positive global market sentiments and tracking gains in the bank and financial services pack, Indian equity markets ended on a positive note on Friday. Nifty ended above 18,800 levels at 18,826, up 0.74%. Here’s how analysts read the market pulse: “The headline indices were outperformed by mid- and small-caps, with the Nifty Mid-cap index … Read more
In the last three months of strong gains in markets, it is the stocks in the broader market that are partying hard as is visible in their performances. This also reflects in the traction that mutual funds have seen in their midcap and smallcap funds. Among the top 25 schemes by assets under management (AUM), … Read more
Shares of Mazagon Dock Shipbuilders have delivered multibagger returns to investors in the last one year, rising as much as 286%. The stock is in a bull run for the last month due to multiple triggers. It has risen 37% during this period. Mazagon Dock Shipbuilders is one of India’s leading shipbuilding yards, having evolved … Read more
Indian equity indices closed little-changed on Tuesday, with a rise in autos and realty balancing out a fall in information technology stocks ahead of a widely expected rate hike pause by the US Federal Reserve, as well as the Reserve Bank of India this week. S&P BSE Sensex rose 0.01% to 62,793 while Nifty remained … Read more
Various widely tracked companies like L&T, Bajaj Finserv, Sun Pharma, Coal India, Tech Mahindra, Britannia, Ashok Leyland and Jubilant FoodWorks would be releasing their December quarter report cards this week. Here’s a list: January 30 Larsen & Toubro, Bajaj Finserv, Tech Mahindra, Bharat Petroleum Corporation, Bajaj Holdings & Investment, GAIL, SRF, , REC, Laurus Labs, … Read more
Many stocks in the smallcap segment ended 2022 on a sweet note, with as much as 264 of them giving double-digit weekly returns. As much as 27 smallcap stocks rose 20-41% in the week gone by. These include names like (Tax breaks, jobs or plan to beat China: What will Budget 2023 offer? Click to … Read more
There’s expectations that Indian equities will witness a bull rally in 2023 amid strong foreign fund flows. With the aim of maximising potential returns while minimising risks, buying stocks with a high margin of safety, low earnings multiples, and stable business growth is the investment tip by Mayank Mehraa, a smallcase manager and principal partner … Read more