The trend among stocks in oversold regions remains highly fragile and could see more downside ahead
Catch all the latest updates from across the globe here
Stocks to Watch on Wednesday, July 5: LTIMindtree will replace HDFC in the benchmark Nifty50 index, while LIC Housing Finance will likely replace it in the Nifty Financial Services index
A stoploss of 18,500 will help limit potential losses in case the index moves against the anticipated correction
Foreign investors have put in Rs 30,945 crore in the Indian equities in May so far, driven by strong macroeconomic fundamentals, prospect of reducing interest rates, positive earnings outlook and falling valuations of stocks. With this, net inflows by Foreign Portfolio Investors (FPIs) reached Rs 16,365 crore in 2023 so far, data available with the depositories showed. Going forward, FPI investment in India is expected to continue since the prospects for the Indian economy and corporate earnings growth appear bright now, VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said. According to data from the depositories, FPIs invested a net sum of Rs 30,945 crore in Indian equities during May 2 - May 19. This came following a net infusion of Rs 11,630 crore in equities in April and Rs 7,936 crore in March. The March investment was mainly driven by bulk investment in the Adani Group companies by the US-based GQG Partners. However, if one adjusts for the investmen
Over the last year, NSE has been examining information or tips received about unauthorised or illegal activities such as collection of deposits assuring fixed or guaranteed returns
If Nifty realty index succeeds to break through its 200-DMA, technically the bullish push may trigger further upside in realty stocks.
CLOSING BELL: Sectorally, the Nifty Metal index plunged 3 per cent, dragged by Adani Enterprises, which tumbled nearly 5 per cent
Barring PNB Housing Finance, other housing finance stocks indicate weakness, with selling pressure to mount further if crucial levels are breached.
Oil & Natural Gas Corporation and Reliance Industries can rise up to 8 per cent
Cash market turnover fell almost 20% in October as rally take traders by surprise
A 40-minute outage across three stock exchanges stalled equity trading in Canada, leaving some investors frustrated and others refusing to place orders even after it reopened.
Regulator will by next year have a system enabling data storage of trades between exchanges, ensuring work is not affected in a cyberattack
The company was listed separately on October 19, following its demerger from Piramal Enterprises
The Muhurat trading session on October 24, 2022, will mark the beginning of Samvat 2079
Analysts said that half of the BSE 500 firms trading below 200-DMA clearly indicates that market sentiment isn't strong and there is heightened selling pressure in the broader markets
The stock market in India will remain closed today for Dussehra
Have sufficient capital as buffer to be able to meet additional margin requirements
RBI advised private sector lender to submit a fresh proposal of another Independent Director for the post of Chairman
Even in adverse situations, Jhunjhunwala's optimism for India used to never falter, which led him to build such a huge empire