The bears tightened their grip on the markets as Nifty registered its fourth consecutive weekly decline. While the index showed some resilience early in the week, it failed to surpass the previous week’s high of 25,250, triggering a broad-based sell-off in the last two sessions. The weakness intensified on Friday, with the index breaching key … Read more
Over the five trading sessions ending on July 11, the Sensex fell by 1.12%, or 932 points, closing at 82,500. The index declined on three out of the five days. Meanwhile, 12 stocks from the BSE Smallcap segment registered gains in each of the five sessions. (Data Source: ACE Equity) Source link
“I think most of the MFI-focused companies are trading at somewhat distressed valuations. And there were two comments, specifically, one that the RBI has clearly stated that they see easing stress on the unsecured loan book, so that is overall good for the financial sector, especially for NBFC and more specifically for MFIs,” says Sandip … Read more
Reliance has reported a strong fourth quarter beat in profitability as the bottom line rose 2% year-on-year (YoY) to Rs 19,407 crore. The Street was expecting the profit to be around Rs 18,471 crore. Revenue from operations too surged 10% YoY to Rs 2.64 lakh crore. The growth was driven by telecom and retail businesses, … Read more
Indian markets posted a strong rebound in the holiday-shortened three-day trading week, with benchmark indices rallying over 4.5% on the back of positive cues from both domestic and global fronts. The Nifty and Sensex closed near their weekly highs at 23,851.65 and 78,553.20, respectively, supported by optimism over tariff deferrals, product exemptions, easing retail inflation, … Read more
In the week ending April 17, the benchmark Sensex rose by approximately 4.5%. Amid this broader market rally, seven penny stocks posted gains ranging from 10% to 24%. Our selection criteria focused on stocks with a market capitalisation below Rs 1,000 crore, a share price under Rs 20, and a minimum trading volume of 5 … Read more
In the Nifty 500 index, 427 stocks are trading below their 200-DMA (day moving average), while 68 are above it. The 200-DMA is an indicator that shows the long-term trend of a stock or an index. When a stock or an index is below the 200 DMA, it’s in a long-term downtrend. Agencies Source link
BBC reporter Katharine Da Costa explains how some illegal imports of nicotine pouches contain very high levels of nicotine High strength nicotine pouches that are being sold illegally in the UK could cause inadvertent overdosing and harm to teenagers and young adults, experts have warned. Nicotine pouches – small sachets that fit under the top … Read more
Budget Day is one of the most volatile trading sessions of the year. The stock market reacts sharply to the announcements made by the Finance Minister, with the benchmark Nifty fluctuating in a wide range. History shows that, in 12 out of the last 14 budgets, the index has moved within a 2-3% range. For … Read more
Benchmark stock market indices closed higher after witnessing a brief rally on the first day of trading in 2025 fuelled by a rally in auto sector stocks. The S&P BSE Sensex added 368.40 points to end at 78,507.41, while the NSE Nifty50 gained 98.10 points to close at 23,742.90. Vinod Nair, Head of Research, Geojit … Read more