Page 2076 - Markets News

BSE Midcap index hits record high; JSPL, Ashok Leyland surge 6%, SAIL up 5%

The midcap index hit a record high of 18,363 in the intra-day trade, surpassing its previous high of 18,321, touched on January 9, 2018

Revathi Equipment hits 20% upper circuit on voluntary delisting proposal

Board of Revathi Equipment would meet on January 7 to consider the proposal

All-round performance is fuelling the rally in Tata Consumer Products

Top performer on the Nifty FMCG index; Up 86 per cent in last 12 months

BEML, RCF: Divestment may trigger a breakout in PSU stocks, charts show

If the Nifty PSE Index sustains above 2,800 levels on the closing basis, it may see a rally towards 3,100 levels

BEML rallies 8% as govt invites initial bids for strategic divestment

The government will sell 26 per cent out of the total 54.03 per cent stake it holds in the company along with transfer of management control.

Avenue Supermarts extends gains into fourth straight day, hits record high

Since October 17, 2020, post July-September quarter (Q2FY21) results, the stock of Avenue Supermarts has rallied 43 per cent, as against a 19-per cent rise in the S&P BSE Sensex

This cement stock has underperformed Sensex since listing; will tides turn?

Analysts see up to 23 per cent upside in the stock over its last close of Rs 102.30

IT shares in demand ahead of Q3 results; TCS, Infy, HCL Tech hit new highs

Analysts at Motilal Oswal said the multiple mega deal wins in Cloud and Captive should add incremental growth to the sector's already buoyant organic growth momentum

Tata Motors gains 4%, nears 52-week high on strong December sales data

Tata Motors' total vehicle sales grew 21 per cent in domestic markets in December

Stocks to watch: RCFL, Tata Motors, RIL, BEML, Cadila Health, Adani Green

Tata Motors reported a 21 per cent increase in total vehicle sales in the domestic market to 53,430 units in December

Market Ahead, January 4: Top factors that could guide markets this week

Shares of BEML will be in focus as the government has invited initial bids from private firms for a 26% stake in state-owned defence and engineering company

Nifty eyeing 14,200; broader markets to outrun benchmarks: Sameet Chavan

The real action lies in the broader markets which may continue to provide better trading opportunities

Trading strategies for Bharat Forge and Escorts by Vaishali Parekh

The stock of Bharat Forge is currently indicating a momentum pick up to improve the bias with a trend reversal

Maintain a constructive view on Indian equities for 2021: Ashish Gumashta

With a successful breakthrough on the vaccine front, we seem to be moving closer to normalisation in a quarter's time, says Julius Baer India MD

Missing the mark: How will govt achieve divestment target for FY21

Among strategic sales, the government is already working on plans to divest Bharat Petroleum, Container Corporation, BEML, and Shipping Corporation

Longer tenure bond funds top the returns charts in 2020, shows data

The Reserve Bank of India (RBI) continued its easy monetary policy in 2020 by cutting policy rates and infusing liquidity into the banking system

Small and mid-caps likely to see big gains in CY21, say analysts

Higher earnings growth, lower costs, and valuations favour smaller companies

Macro data, vaccination, quarterly earnings to drive markets this week

On a weekly basis, the Sensex advanced 895.44 points or 1.90 per cent, while the Nifty climbed 269.25 points or 1.95 per cent

Tata Sons surpasses Centre as the largest promoter of listed companies

At a time when Indian equity market rallied to record high levels, Tata Sons emerged as the largest promoter of listed companies in India

MFIs may have to recalibrate business in Assam following state curbs

The state government has imposed restrictions on lending and recovery practices in response to the 2019 flood crisis