Dalal Street Week Ahead: Time to exit overheated themes, enter emerging plays

Dalal Street Week Ahead: Time to exit overheated themes, enter emerging plays

After six weeks of consolidation and trading in a defined range, the markets finally broke out from this formation and ended the week with gains. Over the past five sessions, the markets have largely traded with a positive undercurrent, continuing to edge higher. The trading range was wider than anticipated; the Nifty traded in an … Read more

These 10 stocks tumble more than 50% from their 52-week highs – Slide: Fallen Angels

These 10 stocks tumble more than 50% from their 52-week highs – Slide: Fallen Angels

The Nifty index has fallen by around 12% from its 52-week high, while the Nifty 500 index has dropped about 14% during the same period. Notably, 37 stocks in the Nifty 500 index have seen a decline of over 50%. We have highlighted the worst performers, with stocks down between 55% and 66% from their … Read more

NSE rejig: Vodafone Idea to exit Nifty 500, Nifty Midcap 100

NSE rejig: Vodafone Idea to exit Nifty 500, Nifty Midcap 100

Vodafone Idea has made an exit from Nifty 500 index and Nifty Midcap 100 as part of a semi-annual rejig of NSE’s various indices. Vodafone’s current free-float market capitalisation stands at Rs 36,534 crore and the stock today ended at Rs 15.83, down by Rs 0.37 or 2.28% over the Thursday closing price. Vodafone’s exit … Read more

Tata Asset Management launches India’s first tourism index mutual fund. Here’s what you need to know 

Tata Asset Management launches India’s first tourism index mutual fund. Here’s what you need to know 

Tata Asset Management Company on July 8 launched the nation’s first tourism index fund, comprising a collection of companies forming part of the Nifty 500. The Tata Nifty India Tourism Index Fund will track the Nifty India Tourism Index. The NFO will close on July 19, 2024.  The minimum investment amount during the NFO period … Read more

NSE launches Nifty500 Equal Weight index; base date April 1, 2005

NSE launches Nifty500 Equal Weight index; base date April 1, 2005

NSE’s index services subsidiary, NSE Indices, on Friday launched a new strategy index — Nifty500 Equal Weight — which represents an alternative weighting strategy to its parent index, the Nifty 500. It includes the same companies as the Nifty 500, however, weighed equally, an NSE press release said. The base date for the index is … Read more

Dalal Street Week Ahead: Market likely to consolidate, oscillate in a range next week

Dalal Street Week Ahead: Market likely to consolidate, oscillate in a range next week

Nifty had piled up over 1,100-points in the two weeks before this one. There were clear signs of some impending consolidation at that point in time. In line with that analysis carried out, the index spent the past five sessions in a much narrower range as it tried to consolidate at present levels. It oscillated … Read more