Economic optimism also propels small, midcap indices to new highs
Latest 5,000-points, or 15%, up move took less than three months
The defining moment, Desai said, could be if and when the 26-party opposition alliance, known as I.N.D.I.A., is able to strike a seat-sharing deal
Nifty is bullish as it has been holding above 20,50 and 100 DMAs, says Vinay Rajani, gives buy calls on Voltamp and Kalyani Steels
FPIs continued to be big buyers of domestic equities. On Tuesday, they were net buyers of Rs. 2,116 crore, according to provisional data from exchanges
FPIs bought shares worth Rs 1,603 crore, while their domestic counterparts were net sellers to the tune of Rs 439 crore
$150-160 million from passive funds are expected to inflow towards LTIMindtree as a result of the shuffling
M-cap of BSE-listed firms just shy of Rs 300 trillion
On the surface, it appears that the US markets have done exceedingly well. However, a deeper analysis reveals the gains in the domestic market to be more well-spread
Jury is still out on how soon index will top 20k; market has overshot and undershot valuations before. If strong momentum in FPI flows sustains, getting to 20k may not be long, believe analysts
If the number of index constituents is less than 50, stocks from the Nifty MidCap 50 Index will be considered
Analysts see greater momentum going forward, with 10-12% upside in the index over next 12 months
At present, investors directly deal with the asset management companies (AMCs) for purchase and redemption of ETFs - passive schemes that track a particular benchmark such as the Nifty50 index
Udayshivakumar Infra IPO listing date: The shares of the IPO are expected to be listed on the bourses on April 3
Equity benchmark Sensex declined nearly 540 points on Thursday, pressured by heavy selling in index heavyweights Reliance Industries, Bajaj Finserv and ICICI Bank amid a sluggish trend in the global markets. Besides, a weak rupee against major currencies overseas further weighed on sentiment, traders said. Snapping its three-day gaining streak, the 30-share BSE Sensex opened strong but came under severe selling pressure to close 541.81 points or 0.90 per cent lower at 59,806.28. Similarly, the broader NSE Nifty declined 164.80 points or 0.93 per cent to 17,589.60. M&M was the top loser in the Sensex pack, skidding 3.31 per cent, followed by Reliance Industries, Bajaj Finserv, ICICI Bank, Maruti, Tata Motors and Tech Mahindra. On the other hand, Tata Steel, L&T, Axis Bank, Bharti Airtel and HDFC Bank were among the gainers. Sector-wise, BSE Auto and Consumer Durable witnessed intense selling during the session. In the broader markets, the BSE midcap fell 0.55 per cent and the ..
Credit Suisse expects domestic earnings to grow 15 per cent over the next one year and market returns could be in line with that
Biocon, Gland Pharma, Mphasis and Bandhan Bank may move out, says note by Nuvama Alternative & Quantitative Research
Meanwhile, the market's attention in the next few weeks will shift to the outcome of the Gujarat assembly election and the monetary policy action of the Reserve Bank of India (RBI)
The technical & derivative analyst from HDFC Securities expects Nifty to find support around 18,100 for now.
Both stocks were the biggest gainers in both the Sensex and Nifty indices and accounted for nearly half of the gains made by these indices