Pace of Covid-19 vaccination, stock specific triggers, and likely listing of Sansera Engineering will keep investors busy today
The stock price of Alkem Laboratories has broken out on the daily chart
Its share price has risen 44% in 2021, against 21% rise in BSE FMCG index
Eligible shareholders will be able to apply for one share for every 14 shares held
Market experts say it is the most subscribed IPO, surpassing previous record of Salasar Tech, which was subscribed 273 times; HNI portion was 974 times with bids of Rs 25,000 cr
The US Federal Reserve's taper plans and a brisk economic recovery may also prompt the Reserve Bank of India (RBI) to begin winding up ultra-loose policy regime
Long/short funds (of which data is available for 13) gave median returns of 2.73 per cent
Leads to surge in valuation premium; Experts caution investors
When selecting the new lender, understand the conditions attached to prepayment
Besides single portfolio view, the platform will provide complete fungibility of physical and digital services
Valuations, however, factor in the demand uptick
Many expect the Sensex to go past 60,000 and the Nifty to top 18,000 in the next few sessions
In the 30-pack Sensex, 25 index stocks closed higher while five in the red. Bajaj Finserv was the best performing stock, followed by L&T, HDFC and Axis Bank
The sentiment remained robust in the broader markets too as the BSE Midcap touched new high in intra-day session and ended 1.31 per cent higher
Stock market LIVE: Sectorally, all indices were trading positively, led by Nifty Realty
The stock was trading at its highest level since June, 2018
RIL, meanwhile, said that there are no negotiations which are taking place for Reliance to takeover JBF Industries or its assets
CARE Ratings expects collections and asset quality for HFCs to improve in the second half as the economy improves
Bajaj Finserv's market capitalisation stood at Rs 2.96 trillion on the BSE in the early afternoon session
The Nifty Realty Index can soar up to 15% on hopes of a strong demand for housing this festive season