Indian equities ended October on a muted note, snapping a four-week winning streak as benchmark indices closed marginally lower amid profit-booking and mixed global cues. The tone remained largely positive and volatile during the first three sessions; however, profit-taking in the latter part of the week erased early gains and dragged the indices to close … Read more
BSE Midcap index has produced 12 gems since last Diwali, each delivering multibagger returns with 26 others yielding double-digit returns of 50% or more. There are 19 duds as well in the pack of 192 stocks which have fallen by up to 50% during this period. The 12 multibaggers are Indian Renewable Energy Development Agency … Read more
Indian market closed in the red for the fifth consecutive day on Wednesday, tracking muted global cues. The S&P BSE Sensex fell over 500 points while the Nifty50 closed below 19,200 levels. Sectorally, selling was seen in IT, telecom, utilities, capital goods, and power stocks while the metal space saw some buying pressure. Stocks that … Read more
Mumbai: The recent decline in equities triggered by the crisis in the US banking industry has investors scouring the stock market for potential winners. Though share valuations in India remain expensive despite the recent correction, analysts said there is a growing demand for companies that could withstand the ongoing uncertainty and grow faster when the … Read more
Mumbai: Shares of realty companies have been among the top performers in the recent bull cycle but with interest rates firming up of late, investors must be choosier about their picks in the sector. Analysts prefer leading property developers such as (Lodha), DLF, and at this juncture. The BSE Realty index is down 31% from … Read more