On Monday, the stock of Metropolis Healthcare, a diagnostics company, settled nine per cent higher compared to the issue price on its stock market debut.
As per the Elliot Wave Theory, we are in the fifth wave of an immediate trend and the third wave of the Big Bull Run.The corrective phase within the wave count includes low of 4,531 and 6,821
The domestic unit declined by 25 paise to close at 69.42 on Monday as forex traders turned cautious in a holiday-truncated week.
Here's a look at the top stocks that may remain in focus today -
Nifty outlook and top trading ideas by Jay Anand Thakkar, CMT - Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers.
Nifty outlook and top trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher.
All eyes will be on Wipro on Tuesday as the IT major reports its FY19 March quarter results.
The fund house seeks to differentiate itself in the 41-player MF industry
Predictions for below-average rain by a private forecast earlier this month has raised the specter of increasing food costs combining with higher oil prices
Anticipation of rise in operating costs and further pressure on margins may drag sentiment around the stock
Sebi has approved a proposal to allow MFs, regulations for which are being prepared
Nifty, Bank Nifty, Infosys, HDFC Bank and Coal India
The Nifty has run to recent highs above 11,700 after it broke out beyond 11,000 a month ago
These passive investment vehicles have assets under management (AUMs) of $286 billion
On a price-to-earnings (P/E) valuation basis, analysts said Metropolis is cheaper than Dr Lal Pathlabs
Both foreign and domestic institutional investors (FIIs and DIIs) were net-buyers
Firm is adding volume-driven products such as the recent acquisition of 42 ANDAs. The portfolio has over 30 injectables and an addressable market size of $645 mn
Correlation between IMD's April predictions and calendar year returns on S&P BSE Sensex is -0.34, suggesting monsoons have had limited effect on market returns for a given year
SBI led the rise, buying portfolios worth Rs 45,000 cr, say MFIs; 43 firms raised funds via securitisation in FY19 versus 24 in FY18; Of these, 14 were first-time entrants
Tata Motors ended over 7 per cent higher at Rs 231 apiece on the BSE on expectation of improved outlook