In a Q&A, Ashish Shanker says market moves will mirror the likely earnings growth of 12-15 per cent for the next few years
Besides strong corporate earnings, the current rally in the equity markets is also supported by benign macros, Nomura said, with a very supportive monetary policy
Both cash and derivative turnovers log new records in February
The Nifty Bank index, which was the top performing index on the National Stock Exchange (NSE), jumped nearly 730 points, or 2 per cent, in the intra-day deals to hit a new 36,837 levels
Nearly 20 stocks in Nifty Small-cap 100 are showing strong bullish signals as against 10 stocks of Nifty Mid-cap 100
Dalal Street is where dreams are made and destroyed
From its 3-year lows of 25,639, hit on March 24, 2020 amid the outbreak of Covid-19 pandemic, the benchmark index is now up 96 per cent
The Sensex rose 347 points, or 0.77 per cent, to end at 45,427, while the Nifty gained 97 points, or 0.73 per cent, to close at 13,356
Though most analysts expect the global central banks to keep the liquidity tap open that should keep the markets supported, valuations of the Indian markets, they say, are beginning to look stretched
Mismatch doesn't bode well for economy that's set for its first contraction in more than four decades, say analysts.
Fifty two, or 37%, of the 142 schemes under consideration had a cash holding of less than 5 per cent at the end of June, as against 43 in May
As markets realise that it will take a long time for the economy to revive and things coming back to normal, they will drift lower.
JPMorgan's measure of implied volatility for EM currencies had its biggest weekly drop since 2011
The surprise index has tended to be a leading indicator for the performance of developing-nation equities
Sensex gains 996 points as banking stocks rally
The recovery seen in the markets from their March 2020 lows has been quite sharp, with the S&P BSE Sensex and the Nifty50 indices gaining 27.61 per cent and 27.18 per cent, respectively since then
The weak opening of the European markets and a sharp deprecation in the rupee against the dollar weighed on stock prices
Led by the rally in the markets, market capitalisation (m-cap) of the BSE-listed companies advanced Rs 2,25,554.62 crore to Rs 1,57,06,155.38 crore.
The S&P BSE Sensex has risen about 12% from a low in September, with three members - Reliance Industries, ICICI Bank and HDFC Bank - accounting for 61% of all the gains
The highlight in the market on Thursday was Reliance Industries that became the first Indian company to hit the Rs 10-trillion market valuation mark following a spike in its share price