Valuations of midcaps and smallcaps have reached very high levels, and hence to that extent leave little margin of safety, Sehgal said
Stock market highlights on January 25, 2024: The frontlines were dragged by Tech M, Axis Bank, Bharti Airtel, HCL Tech, Kotak Bank, HDFC Bank, Wipro, Asian Paints
Stock market highlights on January 24, 2024: The pockets that helped the markets end higher were metals, PSU banks, pharma, and FMCG stocks
Closing Bell on December 29, 2023: The BSE Sensex is ending calendar year 2023 with a solid gain of 18.8 per cent, and the Nifty50 with 20.1 per cent
Closing Bell on December 28, 2023: The S&P BSE Sensex hit record high level of 72,484 and the NSE Nifty50 claimed 21,801 intraday
Closing Bell on December 27, 2023: Healthy buying in HDFC Bank, Infosys, Bharti Airtel, Ultratech Cement, L&T, Tata Motors, ICICI Bank, SBI, Axis Bank, and M&M lifted the benchmark indices
Benchmark equity indices Sensex and Nifty scaled new lifetime high levels in intra-day trade on Tuesday before closing with gains on the back of buying in FMCG and oil shares and positive global cues. In a volatile trade, the 30-share BSE Sensex climbed 122.10 points or 0.17 per cent to settle at 71,437.19. During the day, the barometer jumped 308.62 points or 0.43 per cent to reach its all-time intra-day high of 71,623.71. The broader Nifty climbed 86.4 points or 0.40 per cent to hit its record peak of 21,505.05. It finally closed higher by 34.45 points or 0.16 per cent at 21,453.10. Buying in FMCG, oil and gas, power and select banking shares supported the recovery while losses in IT and auto shares capped gains, analysts said. Among the Sensex firms, Nestle rose the most by 4.66 per cent. NTPC rose by 2.16 per cent, Reliance Industries by 1.53 per cent, State Bank of India by 1.04 per cent and Hindustan Unilever by 1.03 per cent. ITC, Power Grid and Bajaj Finance were the major
Closing Bell on July 19: The S&P BSE Sensex touched a lifetime peak of 67,171, while the Nifty50 hit 19,852 intra-day
CLOSING BELL: ITC, Sun Pharma, RIL, Tata Steel, NTPC, HCL Tech, L&T, and ICICI bank were the top Sensex gainers, while Hindalco, JSW Steel, Grasim, and Cipla were additional top gainers on the Nifty50
Cummins India's stock has gained 27 per cent since its lows in June, helped by a strong first quarter, expectation of improved demand and margin recovery.
Polishing units shift focus to domestic business as American clients shun Russian stones and company partly owned by the Kremlin comes under sanctions.
Paytm shares gain 10% after sliding 37% in 2 days; MobiKwik to delay planned IPO, says CEO; Latent View Analytics lists at 169% premium
The broader markets ended with deeper cuts, the BSE Midcap and Smallcap indices were down 1.5 per cent each
Interest in the broader markets remained strong, with BSE Midcap index rallying 1.09 per cent and the BSE Smallcap index 0.63 per cent
Stocks fell sharply on both, Friday and Monday after a Fed official said he sees rate hikes as early as next year. However, they recouped losses on both days.
Although there are ups and downs in the market cycle, having an in-depth understanding of these phases facilitates the trading behaviour and improves the trader's morale
New sales bookings for the quarter rose to Rs 853 crore as compared to Rs 152 crore in the previous quarter, it said.
Rising political tension between India and China was one of the key reasons that punctured the momentum on Monday. The S&P BSE Sensex ended 839 points, or 2.1 per cent, lower at 38,628 levels
Shares of Axis Bank also fell as much as 5.4 per cent, but recouped most of the losses to end just 0.2 per cent lower
Extending their gaining streak into the seventh session in a row, the benchmark indices settled with nearly half a per cent gains on Monday