The BSE mid-cap and small-cap stocks have outperformed the benchmark Sensex in 2023-24 with about 62 per cent returns, reflecting buoyant investors‘ sentiment amid robust macroeconomic conditions in the country and impressive quarterly earnings reported by various firms. As per an analysis, the BSE mid-cap gauge jumped 15,013.95 points or 62.38 per cent in the … Read more
The shares of Mukka Proteins made a strong debut on the exchanges on Thursday, listing at a premium of 57% to the issue price. The stock listed at Rs 44 on the BSE and at Rs 40 on the National Stock Exchange, against its issue price of Rs 28. Ahead of the listing, the company’s … Read more
In a memorable year for the equity market, Dalal Street investors added a whopping Rs 80.62 lakh crore to their wealth in 2023 as a raft of positive factors powered a stellar rally in stocks. Experts said India’s strong macroeconomic fundamentals, political stability owing to the BJP’s success in recent elections in three significant states, … Read more
Indian market snapped a 3-day losing streak and closed in the green on Friday. The S&P BSE Sensex rose nearly 300 points while Nifty50 closed above 18200 levels. Sectorally, buying was seen in IT, realty, banks, and autos while selling was visible in healthcare, consumer durables, and public sector stocks. Stocks that were in focus … Read more
Indian market closed in the green for the seventh day in a row on Friday. The S&P BSE Sensex rose more than 400 points while Nifty50 closed above 18000 levels last week. Indian market remained closed on Monday on account of a public holiday. Sectorally, buying was seen in telecom, capital goods, utilities, public sector … Read more
Indian closed in the green for the second consecutive day on Friday. The S&P BSE Sensex rose more than 300 points while the Nifty50 closed above 17100 levels.‘Sectorally, buying was seen in realty, metals, banks, and industrials while selling was seen in auto, healthcare, FMCG, and oil & gas. Stocks that were in focus include … Read more
MCX Gold futures hit lifetime highs on Friday on the intraday (Rs 59,461) and closing basis at Rs 59,420 per 10 gram. The April futures settled up by Rs 1,414 or 2.44% from the Thursday closing price. Meanwhile, May Silver futures rallied over 3% and gained Rs 2,118 per kg to close at Rs 68,649. … Read more
After a turbulent February, bullion has started March on a positive note. Gold recovered over 2 per cent over the week in the international market while gaining 0.54 per cent on the MCX. As trading resumes this week, gold and silver prices are likely to take cues from a host of important events. The Street … Read more
Indian market closed in the green on Tuesday tracking positive global cues and buying in index heavyweights. The S&P BSE Sensex rose more than 600 points to climb above 61,000 while the Nifty50 closed above 17900 levels. Sectorally, buying was seen in IT, FMCG, and banks while selling was visible in realty, utilities, and power. … Read more
Indian market closed in the red for the fourth day in a row on Friday tracking muted global cues. The S&P BSE Sensex fell nearly 1000 points while the Nifty50 managed to hold on to 17800 levels. Sectorally, selling was seen in utilities, power, oil & gas, and telecom stocks. Stocks that were in focus … Read more