The week that was in 10 stocks: IT stocks steal the show, Avenue Supermarts declines

The week that was in 10 stocks: IT stocks steal the show, Avenue Supermarts declines

Mumbai: The sentiment in the market was upbeat last week, as June quarter earnings surprised investors, and hopes of a vaccine kept global markets firm. Even as the frontline indices logged gains for the fifth straight week, the market breadth was weak with only 202 of BSE 500 stocks registering gains in the week. IT … Read more

Three kinds of stocks to avoid in post-Covid market: Axis AMC

Three kinds of stocks to avoid in post-Covid market: Axis AMC

Some of the stronger companies may see a faster growth trajectory compared to even pre-Covid levels, says Chandresh Kumar Nigam, MD & CEO, Axis AMC. What is your perspective on the kind of rally that we are seeing? We are now seeing broader participation. Some key trends are emerging from the recovery over the March … Read more