In the last three months of strong gains in markets, it is the stocks in the broader market that are partying hard as is visible in their performances. This also reflects in the traction that mutual funds have seen in their midcap and smallcap funds. Among the top 25 schemes by assets under management (AUM), … Read more
Indian market is likely to consolidate on Tuesday tracking mixed global cues. The S&P BSE Sensex rose more than 300 points while the Nifty50 closed just a shade below 18600 levels on Monday. India VIX was up by 3.34% from 11.90 to 12.29 levels on Monday. Volatility was slightly up and thus giving some consolidation … Read more
Many stocks in the smallcap segment ended 2022 on a sweet note, with as much as 264 of them giving double-digit weekly returns. As much as 27 smallcap stocks rose 20-41% in the week gone by. These include names like (Tax breaks, jobs or plan to beat China: What will Budget 2023 offer? Click to … Read more
Global brokerage firm Morgan Stanley maintained an overweight rating on as well as M&M Finance and an underweight rating on . We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Morgan Stanley on ICICI Bank: Overweight | Target Rs 1250 | LTP Rs 930 | Upside 34%Morgan Stanley … Read more
Indian market is expected to open lower on Monday tracking muted global cues. The S&P BSE Sensex closed nearly 700 points higher on Friday while Nity50 closed just below 17200 levels. We have collated stocks from various experts for traders who have a short-term trading horizon: Expert: Chandan , Derivative & Technical Analyst, told ETBureau … Read more
“For now, the bias is still positive till the time we hold that 16,750-16,800 mark and the momentum shifts towards extreme positivity at about 17,400. So, right now, we are still bang in the middle of the range, waiting for further breakouts,” says Nooresh Merani, independent technical analyst. Edited excerpts: This week, we have seen … Read more
The Indian market closed in the red for the fourth consecutive day on Monday tracking weak global cues. The S&P BSE Sensex fell by over 950 points, while the Nifty50 just managed to hold 17,000 on a closing basis. Stocks that were in focus included names like , which recouped losses and closed with a … Read more
After a sharp selloff last week, Indian equity markets will likely kick off the new week with some caution amid the lacklustre global cues. US stocks settled lower over the weekend trade, whereas Asian peers were trading mixed. The ease in the US dollar was a reason for cheer among the investors. Here’s breaking down … Read more
While the headline index Nifty gained 3.4 per cent in August, the total market capitalization of BSE-listed companies increased to Rs 280.24 lakh crore during the month. As a result, Dalal Street investors turned richer by Rs 13.66 lakh crore in August. In July-end, the total market capitalization of BSE-listed companies was at Rs 266.58 … Read more
NEW DELHI: Racing ahead of its larger peers in a volatile market that looks directionless in the immediate near term, shares of midcap have surprised investors by zooming around 30 per cent in just three trading sessions. The rally began after the bank’s board approved raising up to Rs 3,000 crore to fund the lender’s … Read more