MUMBAI: While we will not be putting up our Christmas lights for another three months, we bet some lights will be going up at The Birla Centurion in Lower Parel today. The government today came bearing gifts for the telecom sector when often in the past it came with a guillotine. The reforms for the … Read more
MUMBAI: Blue chip index stocks are likely to remain the preferred bets for investors, both domestic and foreign, next week as the rally in the broader market shows signs of fatigue. This week, largecap stocks were rank outperformers to smallcap and midcap stocks for the first time in several months and marked a likely shift … Read more
MUMBAI: Despite the dovishness expressed by the US Federal Reserve on Wednesday and what has been a reasonably strong June quarter earnings season, Nifty50 has found it beyond itself to break past the 16,000 mark. Analysts say as concerns over India’s economic recovery rise in the wake of International Monetary Fund’s GDP growth downgrade and … Read more
MUMBAI: After a brief lull between March and May due to the second wave of the Covid-19, Indian equity markets are back near their lifetime highs. The Nifty50, the Nifty Midcap 100 and Nifty Smallcap 100 indices are all at or near their all-time high levels. With the headline index trading close to 23 times … Read more
NEW DELHI: NSE on Tuesday said a spike in Nifty futures trades on Monday was due to a manual order placed by a trading member at a significantly higher price than the prevailing price in the market. The National Stock Exchange (NSE) said that its systems functioned normally and asked the concerned trading member to … Read more
NEW DELHI: Small stocks have outshined the bigger benchmark gauge by giving returns of up to 22.19 per cent to equity investors so far this fiscal. In the last financial year too, small stocks gave handsome returns to investors. The BSE smallcap index has surged 4,582.84 points or 22.19 per cent in the first three … Read more
Markets continued to witness pressure this past week after a fairly bullish run during the week before. The rangebound movement continued yet again, amid indecisiveness among the institutional players and inflation worries coming in from the developed countries. US markets continued to witness profit taking mainly because of inflation spooking investors, and Indian indices bore … Read more
The domestic equity market experienced high volatility during the week gone by, with India VIX rising 16.22% on Monday, even as the US equity indices continued to hit fresh highs despite concerns of a hike in corporate tax rate by the Biden administration. Dow continued to inch higher, while the Indian bourses showed signs of … Read more
The week gone by saw the domestic equity indices move in a wide range and stocks rally on global risk-on sentiment following the US election verdict. Not only was the trading range wide at 723 points, volatility too declined to a great extent. The market’s bias over the past five days remained secularly bullish, and … Read more
Indian bourses witnessed a surge during the shortened trading week gone by on broadbased buying after a 4 per cent decline a week before. This behaviour of local indices mirrored the upbeat global sentiment, especially in the US, amid hopes of a new fiscal stimulus. Back home too, investors are hoping for some stimulus to … Read more