Early Christmas party? What exit poll results, GDP data mean for stock investors

Early Christmas party? What exit poll results, GDP data mean for stock investors

While the smallcap and midcap indices have already been hitting new peaks every other day, it took the twin triggers of exit poll and GDP data for Nifty to scale above its previous peak of 20,222 hit on September 15 today. While the Q2 GDP growth rate at 7.6% surpassed all expectations, Street favourite BJP … Read more

Sensex, Nifty at record high. Time to be greedy or fearful ahead of Q1 test?

Sensex, Nifty at record high. Time to be greedy or fearful ahead of Q1 test?

On the back of $10 billion-strong support by foreign institutional investors or FIIs in the first quarter of FY24, bulls are having a dream run on Dalal Street with Nifty up around 12% in the last 3 months. June expiry data shows Nifty rollovers increased to 76.1% as against 70.6% in the previous expiry. In … Read more