Rebalancing can fetch $230-billion inflows into world stocks this month
A 25 per cent drop in crude prices from recent highs, favourable outcome in state polls and bargain hunting after a sharp drop in the market have propelled the market.
However, analysts say short-term investors should partially book out from paper stocks as the industry is a "classic cyclical play"
Once the Gift Connect gets operational, SGX investors dealing in Nifty contracts will have to carry out their investment at NSE IFSC
The Indian equity market holds a promising outlook for the future on the back of economic recovery post Covid-19 and superior corporate earnings growth: Sambre
Bourse had hit 10 million mark in February 2008 and 50 million in May 2020
Amid the massive foreign fund outflows, few domestic stocks such as Chambal Fertiliser, Hindustan Petroleum Corporation and ACC, among some others, have attracted foreign investors' attention.
CLOSING BELL: Ultratech Cement (up 4.6 per cent) was the top Nifty gainer today. This was followed by Axis Bank, Shree Cement, IndusInd Bank, Bajaj Auto, and Hindalco
The stock was up 2% at Rs 242 on the BSE in intra-day deal, its highest level since November 18, 2021
The govt has set minimum and maximum fares for domestic flights and these are applicable upto a fortnight. For booking beyond 15 days airlines are free to set their own fares.
The company has reportedly signed MoU with French aerospace engine firm Safran to extend cooperation and explore opportunities for new helicopter engines in civil and military markets
The number of registered investor accounts at BSE has hit 100 million milestone, Chief Executive Officer (CEO) of BSE Ashish Chauhan said on Wednesday
According to Ravi Singh, Vice President and Head of Research, Share India, the hopes for further Russia Ukraine talks has calmed down the panic selling in the broader indices for a while.
Despite these ongoing cost related challenges, demand outlook is expected to stay healthy from long-term perspective
Paper stocks have rallied over 20 per cent in the recent past on hopes of higher demand as schools, offices reopen for normal functioning; charts indicate more upside.
The board of Zomato also approved acquisition of 16.66 per cent equity in Mukunda Foods for a consideration of $5 million.
The company reported a 486 per cent year-on-year (YoY) jump in profit after tax (PAT) at Rs 109 crore for the quarter ended December 2021.
The exchange said, the stock will be in trade-for-trade (T2T) segment for the first 10 trading days.
DSP Mutual Fund is overweight on Banks as we believe they are adequately capitalised
The technical analyst expects the Nifty to turn bearish below 16,555; whereas on the upside sees resistance around 16,927 and 17,040 levels.