The 24340 level, where recent swing lows were registered, continues to be the support for the Nifty. On the upside, today's high of 24702 will now act as a short-term resistance level.
Info Edge's standalone revenue stood at ₹7,364 crore, up 15.3 per cent year-on-year (Y-o-Y), with billings rising 11.2 per cent to ₹6,442 crore.
On the bourses, SBI share price rose as much as 1.76 per cent to an intraday high of ₹818.75 per share.
DIIs - which include mutual funds, insurance companies, and pension funds -- poured $19.7 billion into Indian stocks last quarter, far ahead of the $5.4 billion invested by FIIs.
Analysts expect Nifty to rise up to 6 per cent in six months, with intermittent corrections likely due to global factors
Stock Market Outlook: The valuations of the Indian market and of most sectors and stocks are quite rich and well above fair values, cautioned Sanjeev Prasad of Kotak Institutional Equities
Grasim, Ashok Leyland and HDFC AMC are among the top stock calls for Friday (May 16), according to Motilal Oswal's Ruchit Jain
A Bull Call Spread is recommended to capture the anticipated rally while maintaining a defined risk-reward framework, says Sahaj Agrawal
India Inc. is expected to see a recovery in the coming quarters, particularly in the consumer sector, says Achin Goel of Bonanza Portfolio
Stock market outlook: Analysts suggest investors invest in domestic economy-facing sectors
Unnecessary competitiveness shifts our focus from our own destination to imagined races. It turns a fulfilling long-term journey into a relentless sprint that leaves us tired and anxious
Fixed deposits ensure that the principal amount invested is preserved. Investors can rest assured that they will receive their initial investment back along with accrued interest at maturity
Stock Market News: Donald Trump is set to impose reciprocal tariffs on all the US' trading partners including India, on April 2, 2025
Over the past two years, states, have intensified their competition to attract particularly in new-age industries, such as mobile phone and laptop assembly, semiconductor manufacturing and packaging
Taxing FIIs on their gains, who face forex risks, and have no tax set-off available in their home country is a big mistake that the government is making, said Sami Arora at BS Manthan.
The Sensex is trading at TTM PE of 22.2x at the current levels as compared to its 5-and 10-year average of 25.4x and 27.5x, respectively.
The Rising Rajasthan investment summit is scheduled from December 9-11. Prime Minister Narendra Modi is expected to inaugurate the event
Stock market crash: The BSE benchmark has tumbled nearly 3,500 points from its record high level of 85,978 level, touched on September 27, 2024
US Fed rate cut: Asian equities, however, saw meaningful gains Thursday morning where Indian stock market hit fresh record highs
Adani Wilmar is planning to purchase at least three brands specialising in spices, ready-to-cook foods, and packaged edibles