Analysts think it will not be a runaway rally from here on as the market valuations seem expensive
Bright future for sector could be a reason, say experts
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CLOSING BELL: Barring minor downtick in the Nifty Auto, FMCG, and PSU Bank indices, all other sectoral indices advanced on the bourses. The Nifty IT index led from the front with around 4% surge
Stock market today: The Sensex, Nifty indices are now only around 1 per cent away from reclaiming their all-time highs of 62,245.43 and 18,604.45, respectively
The board has approved the company's plan to set up new manufacturing unit in Chakan, Pune to cater to the orders received from OEMs
Except Ambuja Cements, Ultratech Cement, Ramco Cements, and India Cements need to surpass crucial key levels to lead to a rally ahead
Shares of new-age tech companies like Nykaa, Paytm and Zomato have fallen up to 68% from their listing prices. As they struggle with profitability, should investors keep these stocks on radar?
The management also indicated at expansion in gross margins in coming quarters as input cost normalises with no production constraint as this point in time
According to a Macquarie report, the merged entity of HDFC-HDFC Bank may command a MSCI Weight of 13 per cent, up from 5.78 per cent
Aberdeen Standard Asia Focus Plc (4.27 million), and Norges Bank on account of Government T Petroleum Fund (3.98 million) bought a combined 8.25 million shares via block deals on Thursday
DCX listed at Rs 287, a 39 per cent premium over its issue price of Rs 207 per share on the National Stock Exchange (NSE) on Friday.
The company had sought three documents from SEBI that it had claimed would exonerate it and its promoters from criminal prosecution initiated in a case
The derivative analyst from HDFC Securities recommends buying Hero MotoCorp 2750 Call and simultaneously selling 2800 Call of the November series.
According to the technical analyst from Anand Rathi, Jubilant Ingrevia can rally to Rs 570, while Whirlpool of India can target Rs 1,600 on the upside.
Stocks to watch today: LIC, M&M, Adani Power, Hindalco Industries will report the July-September (Q2FY23) quarter results on Friday, November 11
Non-promoter entities in bankruptcy-hit firms to be given opportunity to acquire shares
Yet net investments in active equity schemes slump 33% in same month, shows Amfi data
Lighthouse India Fund and two individual investors Mala Gaonkar and Narotam Sekhsaria sold shares worth nearly Rs 500 in Nykaa
Real estate developers say they paid exorbitant amounts to municipality as Land Under Construction Tax