Darkest hour is over, MFI stocks soar 15-21% as crisis turns into catalyst
Record numbers on both exchanges
Data from NSE shows that retail investors have turned net bearish in index futures for the first time in six months; while DIIs remain the most bullish among market participants.
While most brokerages have built in healthy revenue and profit delivery by the company over the next few years, the stock may not see much upside given high valuations
NFRA's domain extends to audit firms of listed companies and unlisted companies with over ₹500 crore paid up capital or ₹1,000 crore annual turnover
HUL, Nestle and Tata Consumer stocks are seen trading on a divergent note after reporting Q4 earnings; technical charts suggest these stocks can potentially rally up to 15% from present levels.
Can Fin Home's stock was quoting at ₹717.05, down 3.74 per cent on the National Stock Exchange
Tankup Engineers has set the price band in the range of ₹133-140 per equity share
Optimism from progress in trade talks with the US and expanded reciprocal tariff exemptions further fuelled investor enthusiasm
The brokerage expects the Nifty to trade at 19.5 times its estimated earnings of Rs 1,280 for FY27, compared with an earlier multiple of 18.5 times
Over the past one week, India has emerged as the top-performing major market globally
Why markets are rising today: The benchmark BSE Sensex jumped 879 points intraday to hit a high of 79,432.78 level, while the Nifty50 index gained 281 points to a high of 24,132.75
The Nifty is quoting barely 150 pts shy from the 24,000-mark; but the key hurdles stand at 24,050 and 24,169 levels, shows the technical charts.
Most expensive EM relative to long-term and trough valuations
Infosys stock was quoting at ₹1,385, down 1.99 per cent compared to previous day's close of ₹1,413.10 on the National Stock Exchange
Angel One's stock was quoting at ₹2,262, down 3.85 per cent on the National Stock Exchange
The concluding part of the Booms and Busts series looks at the share market rally ahead of Independence, and its eventual decline
Aegis Vopak Terminals IPO is entirely a fresh issuance of equity shares with a face value of ₹10 apiece amounting to ₹3,500 crore
The second of a three-part series on booms and busts looks at a period when protectionism prepared the soil for a bull market in the 1920s, which was eventually ended by the Great Depression
ICICI Securities was trading at ₹1.138.20, up 7.46 per cent from Friday's close of ₹1,059 on the National Stock Exchange