These 4 capital goods stocks record their fresh 52-week highs, gain up to 40% in a month – ​In High spirits

These 4 capital goods stocks record their fresh 52-week highs, gain up to 40% in a month – ​In High spirits

Tata Steel Share Price 122.10 03:59 PM | 30 Aug 2023 2.55(2.13%) Maruti Suzuki Share Price 9796.40 03:57 PM | 30 Aug 2023 175.15(1.82%) Eicher Motors Share Price 3405.75 03:59 PM | 30 Aug 2023 50.40(1.50%) Mahindra & Mahindra Share Price 1583.20 03:59 PM | 30 Aug 2023 22.35(1.43%) Infosys Share Price 1435.15 03:59 PM … Read more

Suzlon Energy shares hit 5% upper circuit. What analysts say

Suzlon Energy shares hit 5% upper circuit. What analysts say

Renewable energy solution provider Suzlon Energy hit a 5% upper circuit and 52-week high at Rs 23 in Monday’s trade on BSE after the firm announced a significantly large new order acquisition for its 3 MW series of wind turbines from Teq Green Power XI Private Limited, part of O2 Power Private Limited. “Suzlon will … Read more

Ahead of Market: 10 things that will decide D-Street action on Thursday

Ahead of Market: 10 things that will decide D-Street action on Thursday

Indian equities, ahead of the crucial RBI policy outcome on Thursday, ended on a positive note. The Nifty settled at 19,633, up 62 points, while the Sensex added 149 points, settling at 65,996. Sectorally, the trend was mixed with metal and media emerging as top gainers, while realty was the laggard. Here’s how analysts interpret … Read more

Ahead of Market: 10 things that will determine D-Street action on Thursday

Ahead of Market: 10 things that will determine D-Street action on Thursday

Equity benchmark indices Sensex and Nifty fell by 1% on Wednesday on weak global market trends and continuous foreign fund outflows. Fitch Ratings has downgraded the United States government’s credit rating, citing rising debt at the federal, state, and local levels and a “steady deterioration in standards of governance” over the past two decades. The … Read more

Ahead of Market: 10 things that will determine D-Street action on Wednesday

Ahead of Market: 10 things that will determine D-Street action on Wednesday

Indian equities ended on a somewhat flat note amid mixed global cues in a range-bound trade. The Nifty finished below 19,750, slipping a marginal 20 points. Sectorally, IT, metal, pharma, and private bank indices saw gains, while all other sectors experienced cuts. Given the current market dynamics, analysts recommend adopting a stock-specific approach in the … Read more

Ahead of Market: 10 things that will decide D-Street action on Tuesday

Ahead of Market: 10 things that will decide D-Street action on Tuesday

In the light of optimistic global market cues, Indian equities reversed two days of losses, ending with notable gains at the start of the week. The Nifty ended 108 points higher at 19,754 on Monday, while the Sensex advanced by 367 points. Outperforming its broader counterparts, the Nifty Midcap 100 reached a new intraday record … Read more

Ahead of Market: 10 things that will decide D-Street action on Wednesday

Ahead of Market: 10 things that will decide D-Street action on Wednesday

Benchmark equity indices Sensex and Nifty ended almost flat in a see-saw trade on Tuesday as investors traded cautiously, awaiting cues from the US Federal Reserve’s policy stance. Foreign fund outflows and elevated levels of crude oil prices also weighed on investor sentiment, traders said. Nifty ended below 19,700 levels after inching very close to … Read more

Ahead of Market: 10 things that will decide D-Street action on Tuesday

Ahead of Market: 10 things that will decide D-Street action on Tuesday

Indian equities ended on a weak note in a volatile trade for the second trading session in a row on Monday. The sharp decline in heavyweights including RIL, ITC and Kotak Mahindra Bank dampened the sentiment on the D-Street. Nifty ended at 19,672, down 73 points. Furthermore, markets have turned anxious ahead of the FOMC … Read more

Ahead of Market: 10 things that will decide D-Street action on Friday

Ahead of Market: 10 things that will decide D-Street action on Friday

Boosted by positive Q1 earnings by some counters and strong global cues, Indian equities rallied to fresh record highs for yet another session on Thursday. Nifty ended shy of 20,000 levels. Nonetheless, Friday’s session may be influenced by Infosys earnings wherein the IT behemoth sharply slashed its revenue guidance for FY24. Here’s how analysts read … Read more

Breakout Stocks: How Suzlon, PNC Infratech and Polycab India are looking on charts for Friday’s trade

Breakout Stocks: How Suzlon, PNC Infratech and Polycab India are looking on charts for Friday’s trade

The Indian market closed higher for the sixth consecutive day on Thursday. The S&P BSE Sensex rose nearly 500 points, while the Nifty50 inched closer to the 20,000 mark. Sectorally, buying was seen in FMCG, banks, healthcare, and energy stocks while some profit-taking was seen in IT, power, and capital goods stocks. Stocks that were … Read more