The Indian equity market is experiencing a robust bull run, climbing steadily despite several challenges. Domestic equity benchmarks Sensex and Nifty 50 recovered from post-budget losses and added 0.9 per cent and 1.24 per cent, respectively, for the week, posting the eighth week of gains — registering their best weekly winning streak in the last … Read more
Stock split 2024: In one year, Hazoor Multi Projects’ share price has delivered whopping returns to its positional shareholders. In one year, the share price has risen from around ₹116 apiece to ₹384 apiece, logging more than 225 rises. So, this small-cap stock is one of the multibagger stocks of the Indian stock market. There … Read more
While investors have been increasing their equity holdings over the past few months, driving the S&P BSE Sensex and Nifty 50 to record highs, it is silver that has delivered the best return in the first half of 2024 (H1-CY24), with gains exceeding 30 percent during this period. Data shows that over 20-year and 10-year … Read more
Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open lower on Wednesday following weak global market cues. The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 24,410 level, a discount of nearly 40 points from the Nifty futures’ previous … Read more
India’s central bank sold ₹34 billion ($406 million) of bonds in the secondary market, likely to absorb excess cash in the banking system resulting from inflows into the nation’s debt after being included in a global index, according to Bloomberg report. The Reserve Bank of India’s bond sales occurred over four days, according to the … Read more
The Nifty index closed the trading week at 24,500, marking a weekly high of 24,500, close to the resistance zone of 24,500-24,600. Throughout the week, the index fluctuated within a range of 24,100-24,500. This rally can be considered a pre-budget rally, focusing on manufacturing, infrastructure, export, defense, auto, and fertilizer sectors specifically. The bullish trend … Read more
Stock market news: After the disappointing Lok Sabha Election results, the Indian stock market witnessed intense selling pressure. However, frontline Indian indices bounced back strongly in the following sessions. After a gap of one month post-Lok Sabha polls, the Nifty 50 index has registered its highest-ever monthly gain post-results. In one month, the Nifty 50 … Read more
Indian stock market: Indian equity benchmark indices, Sensex and Nifty 50, are expected to open on a tepid note Monday tracking mixed cues from global peers. Asian markets traded mixed, while the US stock market ended at record levels last week led by a rally in megacap tech stocks. Data showed US jobs growth slowed … Read more
Dikshit Mittal, a fund manager and senior equity research analyst at LIC Mutual Fund Asset Management, believes the overall market outlook remains positive due to reasonable valuations, broad-based earnings growth, stable macroeconomic conditions, and sustained domestic inflows. In an interview with Mint, Mittal shared his views on what the market expects from the Union Budget … Read more
Asian markets traded higher, while the US stock market ended largely in the red dragged by selling in technology stocks. On Monday, the Indian stock market indices ended with minor gains led by heavyweights. The Sensex gained 131.18 points, or 0.17%, to close at 77,341.08, while the Nifty 50 settled 36.75 points, or 0.16%, higher … Read more