NEW DELHI: Building on last week’s gains, Sensex and Nifty started the Hindu accounting year Samvat 2080 on a positive note by ending 0.5% stronger. Sensex ended 355 points higher while Nifty ended comfortably above the 19,500-zone. Buying action was more visible in the broader market as the smallcap index rallied over 1% with Welspun … Read more
The Indian market pared gains but managed to close flat on Tuesday with a positive bias. The Nifty50 closed just a shade below the 19,400 level. Sectorally, buying was seen in telecom, utilities, power, and capital goods while selling was seen in banks, and IT stocks. Stocks that were in focus include names like The … Read more
Vinit Bolinjkar, Head-Equity Research, Ventura Securities, says RBL is definitely a stock to buy. So, irrespective of Mahindra putting money into this stock, we had a buy on this stock at Rs 130 with a target of Rs 260. Today, we are sitting around 210-220 odd levels still a way to go and our estimates … Read more
NEW DELHI: Spread across almost every nook and corner of Dalal Street, Life Insurance Corporation of India or LIC‘s portfolio is humongous with Rs 10 lakh crore riding on as many as 273 stocks. So far in the calendar year 2023, there are 12 stocks in LIC’s kitty that have delivered at least 20% return … Read more
Indian markets closed in the green for the eighth day in a row on Tuesday. The S&P BSE Sensex rose more than 200 points while the Nifty50 closed above 18100 levels. Sectorally, buying was seen in infrastructure, metals, power, utilities, and oil & gas stocks while selling was visible in telecom and FMCG. Stocks that … Read more
It will also develop a decarbonisation road map to minimise its emission across the value chain operations through initiatives. Home textiles major Welspun India Ltd on Tuesday said it has joined the global coalition to undertake climate action aligned with Science Based Targets initiative (SBTi) of Net-Zero standard and Business Ambition for 1.5 degrees Celsius … Read more