On Friday, the Nifty closed slightly higher at 23,813 (+0.3%), as trading volumes remained muted due to the New Year holiday season in global markets. The broader markets showed mixed performance, with the Nifty Midcap 100 slipping 0.2%, while the Smallcap 100 edged up 0.2%. As of December 27th, FIIs have sold equities worth only … Read more
The markets had a strong week much on the expected lines. In the previous weekly note, it was categorically mentioned that the markets may resume their up move after a brief period of consolidation. Over the past five sessions, the markets continued to inch higher as they got stronger in the process. And with the … Read more
NEW DELHI: Certain classes of public sector entities, like major port trusts, Airport Authority of India, those undertaking security printing and minting, will not fall within the purview of the new PSE policy for strategic disinvestment. The new Public Sector Enterprise (PSE) policy for Aatmanirbhar Bharat, which classifies public sector commercial enterprises as strategic and … Read more
Marking the sixth consecutive week of gains, Indian equities continued to bounce and extended the gains this past week. It was a measured move for the market, which went on to close at a fresh lifetime high once again. The trading range over the past five days was narrower than the week before this one. … Read more