Sanjiv Bhasin, Director, IIFL Securities, says “ this is the time to start to get overweight on Reliance, Apollo Hospital and ICICI. Apollo Hospital is seeing peer groups which are getting listed and their market cap move up whereas this stock has done nothing. Bhasin further says Tata Tele would be the first of two … Read more
Boosted by positive economic sentiments in the domestic market and continued FII inflows, Indian equities have been making new highs for quite a while. In trade on Wednesday too, Nifty and Sensex logged fresh record highs. Nifty ended at 19,833, while Sensex closed at 67,097 levels. Sectorally, IT and auto pack saw some weakness, while … Read more
Indian markets closed higher on Tuesday after falling more than a per cent in the previous trading session. The S&P BSE Sensex rose more than 1500 points while the Nifty50 closed above 17700 levels. Sectorally, buying was seen in realty, banks, finance, power, utilities, and oil & gas stocks. Stocks that were in focus include … Read more