The nation's NSE Nifty 50 Index is among Asia's top gainers this month, beating the regional benchmark by about 4 percentage points
Most Asian and European markets rose after revised US vaccine targets boosted optimism and revived hopes of global growth.
Among sectors with high exposure, raw materials comprise 57% of sales for the discretionary sector, according to BofA's estimates
The launch date for the new NSE IFSC-SGX Connect has not been decided yet
The benchmark index has bounced more than 50% from its March low, but is still about 7% below its January record close
Profits at NSE Nifty 50 Index members fell about 15% last quarter from the same period last year, the worst drop since at least 2014, according to Bloomberg-compiled data.
The weight of FMCG, software and pharma companies in Nifty now at 31.5% from 25.3% in December 2017
The free-float market cap of many other stocks, which are currently not part of the index, has surged past them
Amidst growth concerns in other sectors, better earning visibility and cash surplus position provide comfort
Healthy net cash position acts as an insurance against the demand downcycle
Analysts at Jefferies say the risk-reward is now favourable for investors to start buying
FPI's love for India shows in the premium valuation on Dalal Street
The Indian stock market continues to be upbeat about the country's growth prospects, despite deceleration in GDP growth for the sixth consecutive quarter, the Economic Survey 2019-2020 said, adding that the BSE Sensex has increased 7 per cent till December 2019 over March. "This may also reflect the growing perception of India becoming an attractive destination for investment in the backdrop of a decline in the growth of major economies of the world and continued easing of monetary policy by the US Fed," it said on Friday. "Despite the deceleration in GDP growth for the sixth consecutive quarter, the stock market continues to be upbeat about the country's growth prospects," the Survey said. The net FDI and net Foreign Portfolio Investment (FPI) in first eight months of 2019-20 stood at USD 24.4 billion and USD 12.6 billion respectively, more than the inflows received in the corresponding period of 2018-19, it added. Benchmark indices Nifty50 and S&P BSE Sensex reached record highs
Benchmark Sensex lost 188 points on Tuesday while Nifty50 closed 0.52 per cent down
Benchmark Sensex lost 188 points on Tuesday while Nifty50 closed 0.52 per cent down
Market experts believe 2020 could be the comeback year for mid- and small-caps.
Debt-laden companies get heavily punished amid uncertainties over economic growth
The benchmark Nifty is expected to make positive strides, if technical analysts are to be believed
Move could be a precursor for including Nestle in Nifty
Growth in profits show an even wider gap than sales in the last 5 years