(This story originally appeared in on Apr 10, 2024) MUMBAI: A little over 38 years after it was launched with a base of just 100 points, BSE sensex, the most watched stock market bellwether in India, crossed the 75,000-point mark on Tuesday, signifying past successes of Indian economy and the market, and raising hopes for …
Brokerage firm BofA Securities has an underperform rating on Paytm while Morgan Stanley recommends an overweight stance on Maruti Suzuki. Meanwhile, JPMorgan has an overweight rating on Exide Industries and BofA Securities upgraded Infosys to buy. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: BofA Securities on …
Domestic indices rallied for the second straight session on Thursday to end fiscal 2024 on a bullish note. The 30-share Sensex jumped 655 points to settle at 73,651 and the Nifty climbed 203 points to end at 22,326. Stocks that were in focus included names like IDFC First Bank, which fell 2.96%, VIP Industries, which …
Mumbai: India’s benchmark indices shed over 1% on Tuesday, mirroring the weakness in other Asian markets, as investors awaited the US Federal Reserve’s monetary policy decision on Wednesday. Analysts said the near-term market outlook remains negative with investors cutting their shareholdings for tax purposes ahead of the end of the financial year on March 31. …
Is it possible to get good returns from a market that is at an all-time high? I am often asked this question and my reply is always in the affirmative. There are money-making opportunities even when the Nifty is at 22,000 and the Sensex at 74,000. But, you have to be selective and very patient. …
Benchmark indices continued their winning run on Monday, albeit in a highly volatile trade. The 30-share Sensex rose 66.14 to settle at an all-time high of 73,872 and the broader Nifty jumped 27 points to close at a lifetime high of 22,405. Stocks that were in focus included names like Data Patterns, which rose 5.22%, …
Private largecap bank stocks like HDFC Bank, ICICI Bank, Axis Bank, and IndusInd Bank, which together form around 60% of Bank Nifty, saw Long buildup or shorts being covered on a week-on-week basis, says Anand James, Chief Market Strategist, Geojit Financial Services. “Delivery buying has started to pick up this week in the case of …
Indian benchmark indices ended Friday in the green, maintaining their two-session gaining streak on buying action in IT and auto stocks. The S&P BSE Sensex finished at 72,026, up by 178.58 points or 0.25%. Meanwhile, the broader Nifty settled at 21,710.80, higher by 52.20 points or 0.24%. India VIX, a measure of volatility in Nifty, …
Equity indices rebounded on Thursday after sliding for the past two sessions. The 30-share Sensex jumped 490 points to settle at 71,847 and the Nifty climbed 141 points to 21,658 points. Stocks that were in focus include names like Bajaj Auto, which fell 0.81%, Sobha, which jumped 15.8%, and Adani Ports, whose shares jumped 2.5% …
Stock exchanges will be conducting a special live trading session on January 20 (Saturday), in a move to switch over to the Disaster Recovery (DR) site. This aligns with the framework for the Business Continuity Plan (BCP) and Disaster Recovery Site (DRS) for stock exchanges and depositories, outlined by the Securities and Exchange Board of …