Nifty 50, Sensex today: What to expect from Indian stock market in trade on May 15

Nifty 50, Sensex today: What to expect from Indian stock market in trade on May 15

The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 22,375.50 level, a premium of nearly 65 points from the Nifty futures’ previous close. Tuesday saw the stock markets extend their winning streak for the third day in a row as advances in index … Read more

Top Stock Recommendations: Dharmesh Shah of ICICI Securities suggests buying SBI, and Jindal Steel & Power tomorrow

Top Stock Recommendations: Dharmesh Shah of ICICI Securities suggests buying SBI, and Jindal Steel & Power tomorrow

The 30-share BSE Sensex ended higher by 260.30 points or 0.36% at 72,664.47 level while the Nifty 50 closed at 22,055.20 level, up 97.70 points or 0.44%. India VIX was at 18.60, up 2.20% for the day. Following four days of losses, the benchmark Nifty 50 saw some buying, according to analysts. Interestingly, value and … Read more

Top Stock Recommendations: Dharmesh Shah of ICICI Securities suggests buying Tata Power and Oil India tomorrow

Top Stock Recommendations: Dharmesh Shah of ICICI Securities suggests buying Tata Power and Oil India tomorrow

According to reports, traders stated that continuing outflows of foreign funds, a falling rupee, and rising global crude prices further weighed on sentiments.  Sectoral indices were mixed bag; the Nifty Consumer Durables index finished 1.72% higher than the Nifty Financial Services index, which ended 0.89% lower. India VIX recovered as well at 10.92 levels. On Friday, the … Read more