Investor appetite for bonds rated below AA has increased significantly and SDIs provide access to a pool of high-yield debt via a single investment, said Ajay Kejriwal, head of trading desk at Vivriti
Nifty fell marginally on April 09, forming a bearish dark cloud cover like pattern. While the fact that the Nifty keeps making fresh new highs is encouraging, it tends to give up intra day gains which
Stocks to watch on Wednesday, April 10, 2024: Seven stocks including Bandhan Bank, Exide Industries, Hindustan Copper, Vodafone Idea, India Cement, SAIL and Zee Entertainment are in F&O ban today.
The Nifty Private Banks Index, currently trading at 24,395.25, is displaying indications of a correction in the near term
Among the buyers were a clutch of domestic as well as foreign funds
A well-executed PSU divestment strategy could yield far-reaching benefits for the Indian economy
The BSE benchmark gained the last 5,000 points in just four months, with the rally gaining momentum in the last one week on hopes of stronger-than-expected Q4 corporate earnings.
Smooth ride expected for the sector in FY25
Stock market updates on Tuesday, April 09: Among sectors, the Nifty Media, and PSU Bank indices settled in the negative zone (down up to 1 per cent), while the Nifty Metal index added 1.1 per cent
In past five months, Castrol has zoomed 66 per cent. Meanwhile, the company has guided margins to be in the range of 23-26 per cent and volume growth of 5 per cent in CY24.
Apar Industries, CESC, Glenmark, Jubilant Pharma and Power India are trading in overbought zone; charts suggest bias to remain positive as long as these support levels hold.
The Nifty Metal index hit a new high at 8,984, and was up 2 per cent in Tuesday's intra-day deals. The index has surged 9 per cent in the last one month.
Market regulator also approves application for a proposed change in control at Reliance Securities
Transformers and Rectifiers (India) hit the 5 per cent upper circuit on Tuesday after the company reported 4-fold jump in Q4 net profit at Rs 35.95 crore.
According to media reports, two entities - Nicomac Machinery and RP Advisory Services - were looking to sell up to 4.4 per cent stake in Gland Pharma through block deals on Tuesday
The company reported highest-ever quarterly sales announced to date by any publicly listed real estate developer in India
The Nifty Financial Services Index, currently positioned at 21,604.50, has recently undergone a sharp rally, bringing it into close proximity to its resistance level of 21,700
Stocks to watch on Tuesday, April 09, 2024: Tata Motors JLR sales rose 11% in Q4; Bain Capital to sell balance stake in Axis Bank; FADA warns of slower retail auto sales.
Earnings growth is proving to be a key metric. Made up of potential candidates for the benchmark Nifty 50, the gauge has seen its forward profit estimates climb 20% so far this year
BSE-listed companies crossed Rs 400 trillion for the first time on Monday