India’s benchmark indices ended higher on Friday, marking a second straight day of gains as investors remained upbeat on banks, consumer, and metal stocks, even though trade stayed largely rangebound. The Nifty closed at 24,894.25, up 57.95 points or 0.23%, while the Sensex advanced 223.86 points or 0.28% to settle at 81,207.17. Meanwhile, the volatility … Read more
PC Jeweller‘s shares slip by 3.5%, to Rs 16.76, down from the previous close of Rs 17.35. This dip caused the company’s market capitalisation to drop to approximately Rs 10,968 crore. The stock’s 52-week range remains between a high of Rs 19.65 and a low of Rs 6.61. Currently, PC Jeweller’s shares are classified under … Read more
In a stunning reversal of fortune, at least 40 companies pulled off a comeback story, shifting from losses in FY24 to profits in FY25. Stocks of nine of these companies have rewarded investors with multibagger returns exceeding 100%. Leading this remarkable turnaround brigade is Anil Ambani-led Reliance Power, which catapulted from a staggering loss of … Read more
After losses in the last week, the short-term trajectory of domestic equities is seen as weak, and investors may sit on the fence looking for fresh cues, as the earnings season draws to a close. Therefore, rangebound trade could be seen in indices in the truncated week ahead. The stock markets are closed on Tuesday … Read more
Boosted by positive economic sentiments in the domestic market and continued FII inflows, Indian equities have been making new highs for quite a while. In trade on Wednesday too, Nifty and Sensex logged fresh record highs. Nifty ended at 19,833, while Sensex closed at 67,097 levels. Sectorally, IT and auto pack saw some weakness, while … Read more
The retail investor community has emerged as the new don on Dalal Street, as evident in the value of their holdings in National Stock Exchange-listed companies. It has gone up by nearly three times since March 2020, when COVID-19 pandemic had paralysed the economy. The total value of retail holdings touched Rs 19.5 lakh crore … Read more