Page 47 - Indian Stock Market

Over 75% pharma stocks eye breakout; most may see up to 15% upside

Barring, Pfizer, Gland Pharma, and Laurus Labs, all other constituents of Nifty Pharm Index trade over the 200-day simple moving average (SMA),

Utkarsh Small Finance Bank's stock soars nearly 92% on market debut

In the IPO, Utkarsh SFB raised Rs 500 crore by issuing new shares. The lender plans to use the proceeds for augmenting its tier-1 capital base to grow its business

Sensex drops 888pts, Nifty below 19,750; Infy sinks 8%, HUL, RIL up to 3.5%

Closing Bell on July 21, 2023: The benchmarks snapped their 6-day winning run. Among sectoral indices, the Nifty IT index shed 4 per cent, followed by the Nifty FMCG index (down 1 per cent)

Markets end at record closing highs; Sensex tops 67,500, Nifty nears 20,000

Closing Bell on July 20: The market discovered price of Jio Financial Services as Rs 261.85 per share, much higher than estimates

Sensex ends choppy day 205 pts up; Nifty below 19,750; IT index sole gainer

Closing Bell on July 18: Infosys, HCL Tech, Reliance Industries, Hero MotoCorp, Bajaj Auto, ICICI Bank, Wipro, Bajaj Finserv, and Adani Enterprises were some of the notable gainers

Stricter disclosure norms to take effect from Saturday: Sebi circular

The timelines granted by Sebi for most disclosures range between 12 hours and 24 hours

3 tyre stocks hit new highs on breakout; charts show up to 21% upside ahead

Selective tyre stocks are displaying resilient chart structures, poised to scale higher levels from a medium-term perspective.

Only 93 Nifty 500 stocks trade in overbought territory, more upside likely

Market participants closely monitor the RSI to determine the strength based on 70 and 30 values. This assists in identifying instruments that are supposedly experiencing increased buying or selling.

Stocks to Watch today, July 5: LTIMindtree, Bandhan Bk, Lupin, Adani Power

Stocks to Watch on Wednesday, July 5: LTIMindtree will replace HDFC in the benchmark Nifty50 index, while LIC Housing Finance will likely replace it in the Nifty Financial Services index

A rising tide

Govt should revive disinvestment

Aditya Birla AIF mops up Rs 893 cr commitment; NDR files for Rs 1k-cr InvIT

Aditya Birla Sun Life Mutual Fund garnered a commitment of Rs 893 crore for its India Equity Services Fund

New investors: Shun yesterday's winners, diversify across sectors

Those taking MF route may begin with a passive fund, gradually invest in various market caps, asset classes

Equity investors become richer by Rs 3.43 trn in 2 days of market rally

Equity investors became richer by Rs 3.43 lakh crore in two days of market rally that saw the BSE benchmark Sensex touching the record 64,000-mark in intra-day trade on Wednesday. Extending the previous day's rally, the 30-share Sensex surged 499.39 points or 0.79 per cent to settle at its life time closing high of 63,915.42 points on Wednesday. During the day, the index jumped 634.41 points or 1 per cent to hit its all-time intra-day peak of 64,050.44 points. In two days, the market capitalisation of BSE-listed firms went up by Rs 3,43,718.15 crore to Rs 2,94,11,131.69 crore. Earlier, on June 21, the market capitalisation of BSE-listed firms had hit an all-time high of Rs 2,94,36,594.50 crore. "Domestic equities had a dream run with Nifty and Sensex scaling life time highs. Strong institutional flows, healthy macros, and robust earnings growth drove the domestic market toward new highs," Siddhartha Khemka, Head - Retail Research at Motilal Oswal Financial Services Ltd, said. All

Microcaps may give alpha returns in bull mkt amid valuation comfort

Thus far in calendar year 2023, 165, or 66 per cent, of 250 micro-cap stocks have generated positive returns

Sensex falls 260 pts, Nifty nears 18,650; Adani Ent crashes 7%, RIL, SBI 1%

Closing Bell on June 23, 2023: Among sectors, the Nifty Metal index fell 2.5 per cent, followed by the Nifty Media index (2.13 per cent), the Nifty IT index (0.89 per cent)

Sensex tumbles 284 pts, Nifty below 18,800; Bajaj Fin, TaMo fall 2%, RIL 1%

Closing Bell on June 22, 2023: The S&P BSE Sensex hit a fresh record high of 63,602 in intra-day trades on Thursday

Rewards and risks

Picking small stocks is always difficult

Markets logs fresh all-time highs amid gains in index heavyweights

Nifty settles at record close; FPI flows drive the rally

Sensex ends off record high, rises 195 pts; HDFC twins gain 2%, ITC dips

Closing Bell on June 21, 2023: The benchmark S&P BSE Sensex scaled a fresh all-time high of 63,588 on the BSE in the intra-day trade on Wednesday

abrdn Investment exits HDFC Asset Management Company; shares soar 11%

The investment firm sold 21.77 million shares at Rs 1,873 apiece to mop up a total of Rs 4,079 crore.