MUMBAI – The National Stock Exchange (NSE) of India will launch four new indices in the cash and futures and options segments with effect from April 8. The exchange has proposed online dissemination of indices namely, Nifty Tata Group 25% Cap, Nifty500 Multicap India Manufacturing 50:30:20, Nifty500 Multicap Infrastructure 50:30:20, and Nifty MidSmall Healthcare, according …
Mumbai: Shares of metal companies surged on Wednesday as China’s move to prop up its economy is seen boosting demand and prices of metals, but experts remain skeptical of this rally sustaining till there are definitive signs of stronger growth in the world’s second-largest economy.Hindalco Industries, Tata Steel, JSW Steel, Jindal Steel and Power, Steel …
The week that went by saw bulls having an early Christmas party on Dalal Street, as benchmarks Nifty50 and Sensex clocked their best weekly gains since mid-November. The Sensex rallied more than 1,600 points or 2.4% last week and ended at a record closing high of 71483.75 points on Friday. While the gains were broad-based …
Brokerage firm Jefferies downgraded BPCL while Morgan Stanley maintained an overweight rating on HDFC Bank. HSBC initiated a buy rating on IIFL Finance and Axis Securities recommended a buy on Hindalco Industries. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Jefferies on oil & gas sector: BPCL, …