Markets

Gillette India stock surges 27% in 7 sessions on Q2 earnings boost, rallies 139% in 1.5 years

by
Gillette India stock surges 27% in 7 sessions on Q2 earnings boost, rallies 139% in 1.5 years

Multibagger Stock: Shares of Gillette India have been on a steady upward trajectory in recent sessions following the company’s impressive financial results for the quarter ending September. Since the announcement of its Q2 results on October 28, the stock has experienced a remarkable run, finishing the subsequent seven trading sessions, including today’s, in positive territory. … Read more

Weekend Wrap: From Mphasis to Motilal Oswal, top market movers and news of week

by
Weekend Wrap: From Mphasis to Motilal Oswal, top market movers and news of week

Top News On October 15, SEBI announced a major change that benefits traders in India’s stock market. The regulator raised the position limits for trading members in index futures and options (F&O) contracts. These limits now stand at ₹7,500 crore or 15% of the market’s total open interest (OI), compared to the earlier limit of … Read more

Equirus Capital sees over 38% upside in this NBFC stock, initiates coverage with ‘long’ recommendation

by
Equirus Capital sees over 38% upside in this NBFC stock, initiates coverage with ‘long’ recommendation

Following three months of positive but muted returns, brokerage Equirus Capital has initiated coverage on NBFC stock MAS Financial Services with a ‘long’ recommendation and a target price of ₹401, indicating an upside potential of over 38 per cent. “We believe MASFIN has the perfect elements (promoter pedigree, stellar asset quality track record, healthy capitalisation) … Read more

FPIs buy Indian equities worth nearly ₹90,000 crore in H1FY25 after record inflows in FY24, highest in September

by
FPIs buy Indian equities worth nearly ₹90,000 crore in H1FY25 after record inflows in FY24, highest in September

Indian stock markets continued to garner strong interest from foreign portfolio investors (FPIs) so far in the current financial year 2024-25 (FY25), driven by improving macroeconomic conditions, declining inflation, and a significant rate cut by the US Federal Reserve.  FPIs poured in ₹89,717 crore in Indian equities during the first half of the financial year … Read more

China’s market rally driven by policy measures unlikely to impact India’s economy or flows: Report

by
China’s market rally driven by policy measures unlikely to impact India’s economy or flows: Report

In recent sessions, the Chinese stock market has experienced a significant resurgence, outpacing all major global indices as investor demand for Chinese stocks surged to new heights, driven by the government’s stimulus measures. These initiatives have attracted investors back to one of the world’s most heavily-battered markets. The CSI 300 index, which had plummeted by … Read more

September Rally: Nifty 50, Sensex gain over 2.3% amid robust FPI inflows; metal stocks sizzle

by
September Rally: Nifty 50, Sensex gain over 2.3% amid robust FPI inflows; metal stocks sizzle

In September, Indian markets enjoyed a series of record highs, but on the final trading day of the month, investors opted for profit booking, leading to a sharp correction. Both the Nifty 50 and the Sensex fell by over 1.4% today, marking their steepest intraday decline in two months. Despite this downturn, both indices ended … Read more

Weekend Wrap: From Vedanta to GAIL, top market movers and news of week

by
Weekend Wrap: From Vedanta to GAIL, top market movers and news of week

Top News The Securities and Exchange Board of India (SEBI) has introduced a new directive concerning the use of the Unified Payments Interface (UPI) for individual investors. According to SEBI’s recent circular, starting November 1, 2024, individual investors can apply for public issues of debt securities, non-convertible preference shares, municipal debt securities, and securitized debt … Read more

Sebi’s UDiFF cuts reporting formats from 200 to 23, members to save ₹200 crore

by
Sebi’s UDiFF cuts reporting formats from 200 to 23, members to save ₹200 crore

The unified distilled file formats (UDiFF) introduced by the Securities and Exchange Board of India (Sebi) for ease of doing business are expected to save the market ecosystem an estimated ₹200 crore over the next five years. To streamline processes, enhance ease of business and encourage innovation, Sebi launched an initiative to harmonize, simplify and … Read more