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
Recovering from a significant market downturn is a testament to a company’s resilience and ability to bounce back. The Nifty Smallcap100 stocks have witnessed impressive recoveries from their 52-week lows, showcasing their potential for growth and investor confidence. Among them, KEI Industries, Raymond, Cyient, Tanla Platforms, Jindal Stainless, RBL Bank, Kalyan Jewellers, and Suzlon Energy … Read more
In its upcoming semi-annual list of stocks, Association of Mutual Funds in India (AMFI) is highly likely to downgrade and One 97 Communication ( Paytm) from largecap to midcap category, according to a report by . The AMFI rejig will majorly be classified by size, taking into account data from July to December 2022. This … Read more
Beating the Tatas and the Adani Group stocks, Mukesh Ambani’s (RIL) has emerged as the largest wealth creator on Dalal Street in the last 5 years. With a gain of Rs 13 trillion, has emerged the largest wealth creator over 2017-22 and for the 4th fourth time in succession, shows ‘s wealth creation study. This … Read more
Shares of cloud communications company Tanla Platform rallied over 11% to Rs 871.70 in Thursday’s intra-day trade on the BSE after it fixed October 25 as the record date to determine the entitlement and names of shareholders eligible to participate in the proposed buyback. The company has proposed a buyback of 14,16,666 fully paid-up equity … Read more
New Delhi: After a sharp beatdown over the past few weeks, IT stocks emerged as the best performers, rising up to 18 per cent in the last five sessions from the close on the first Friday of August 2022. IT stocks in the recent weeks have remained under pressure lately, with stocks eroding up to … Read more
The total market capitalization of BSE-listed companies jumped close to Rs 43.88 lakh crore in the last two weeks and hit an all time high of Rs 280.52 lakh crore on August 18 from Rs 236.62 lakh crore on June 17. For this study, ETmarkets.com has considered the market capitalization of only BSE500 companies, which … Read more
In the BSE500 Index, more than 310 stocks settled in green, whereas 190 stocks settled in red during the week. 17 stocks surged in double digits during the week, following the corporate actions buzz and upbeat Q1 earnings. Source link
Domestic brokerage firms have maintained their bullish stance on the Hyderabad-based cloud computing firm, after the company posted its earnings for the quarter ended June 2022. The stock crashed 20 per cent for straight two sessions after the company posted a massive 81 per cent year-on-year (YoY) fall in consolidated net profit to Rs 100.4 … Read more
Indian market closed in the red for the second consecutive day in a row on Tuesday tracking muted global cues. The S&P BSE Sensex fell nearly 500 points while the Nifty50 closed below 16500 levels. Sectorally, selling pressure was visible in IT, FMCG, capital goods, and consumer durable stocks. The S&P BSE Mid-cap and Small-cap … Read more