This boost to the investor sentiment, said analysts at Jefferies, should augur well for domestic cyclical sectors
Stocks to Watch on Tuesday, December 5, 2023: Reports suggest Fireside Ventures Investment Fund may divest 1.9 per cent stake in the parent company of Mamaearth via block deals for Rs 230 crore
Results give message of political continuity and 'augur well' for macroeconomics, say analysts
"The general view is that the worst is behind and now we will not hear about Hindenburg," said a portfolio manager said
Closing Bell on December 4, 2023: The S&P BSE Sensex zoomed over 1,400 points intraday to hit a new record high of 68,918. The Nifty50, on the other hand, hit a fresh lifetime high of 20,703
The sector saw a dual dynamic in Q2 - revenue growth acted as a current of strength, yet profit margins faced resistance
The Nifty-500 index also touched an all-time high of 18,141.65 on the same day, indicating that the equity market rally is not restricted to only the large-cap stocks
Countries which share land borders with India are China, Bangladesh, Pakistan, Bhutan, Nepal, Myanmar and Afghanistan
Meanwhile, last week, the S&P BSE Sensex gained 2.29 percent or 1,511 points to end at 67,481 levels, while the Nifty50 gained 473 points, or 2.39 per cent, to 20,267 levels
From the macroeconomic data front, PMI (Purchasing Managers' Index) data for the services sector will be announced on Tuesday. RBI's interest rate decision will be announced on Friday
Foreign Portfolio Investors (FPIs) made a net investment of Rs 14,860 crore in the debt market last month, making it the highest level in six years, data with the depositories showed
FDI from Cayman Islands dipped 75 per cent to $145 million during April-September from $582 million in the same period last fiscal, the data showed
In four days of the market rally, investors' wealth have gone up by Rs 8.95 trillion
Closing Bell on Friday, December 1, 2023: The Nifty 50 index scaled a new peak of 20,291.55 in the intraday trade
Almost 40% of investors chose India as the most attractive emerging market, while less than a quarter selected China in a survey
Instead of getting carried away by hype, investors must do a rational assessment of these offerings to determine if they are better bet than sector peers already available in secondary market
Stocks to watch on Friday, December 01, 2023: Flair Writing to debut today. UltraTech and Kesoram in focus post all-stock merger deal.
Stock market highlights: After listing at a whopping 140 per cent premium, shares of Tata Technologies closed at Rs 1,326, which is 165 per cent higher against the issue price of Rs 500
The handsome gains were expected due to the robust demand for the IPO, which was subscribed 69 times against the shares on offer
Closing Bell on Wednesday, November 29, 2023: Among sectors, the Nifty bank, Auto, Financial Services, IT, PSU bank, and Private Bank indices ended higher in the range of 1 per cent to 1.5 per cent