Power NBFC Indian Renewable Energy Development Agency (IREDA) stunned the market with a blistering 632% rally in just over 13 months — a surge that evoked awe and caution amid repeated warnings of an impending cooldown. That correction arrived in January, shortly after the stock hit its all-time high of Rs 234 on the NSE, … Read more
Stock market sentiment is likely to remain optimistic going ahead, though some consolidation cannot be ruled out after the recent sharp rally in the benchmarks, analysts said. According to experts, the Nifty and Sensex could indeed move towards new record highs before the end of the year, if global cues stay supportive, crude oil prices … Read more
The Indian market ended lower on Friday, with the Sensex and Nifty logging a second day of losses as investors booked profits amid mixed corporate earnings and cautious global cues, with a stronger U.S. dollar and the Federal Reserve’s tempered stance on rate cuts dragging on sentiment, while banking heavyweights HDFC Bank and ICICI Bank … Read more
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
The market has been on an impressive upward swing this month. Over the past 30 days, the benchmark Sensex climbed 5%, while the BSE Smallcap Index followed closely with a 3.6% rise. Within this rally, nearly 180 smallcap stocks delivered double-digit returns, signalling renewed investor enthusiasm in the broader market.Among them, we identified 14 standout … Read more
Sensex ends points higher Nifty above NPTC up nearly Source link
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
The Indian market fell for the sixth straight session on Friday, with the Sensex and Nifty posting their steepest weekly drop in nearly seven months as U.S. curbs on H-1B visas and tariffs on branded drugs dampened sentiment. The S&P BSE Sensex dropped 733.22 points, or 0.90%, to close at 80,426.46, while the NSE Nifty … Read more
The Sensex has effectively gone nowhere over the past 12 months, posting a -0.7% return and falling behind most global peers, a sobering outcome despite a backdrop of policy tailwinds like GST and income-tax relief, interest rate cuts, and resilient domestic fund inflows. Analysts point to weak corporate earnings, persistent foreign portfolio investor (FPI) selling, … Read more
Over the five trading sessions ending September 19, the Sensex rose by approximately 0.88%, adding 722 points to settle at 82,626. The benchmark index closed in the green on three of those five days. Amid the broader market uptrend, nine midcap stocks posted gains in each of the five sessions. (Data Source: ACE Equity) Source … Read more