Top Stock Recommendations: Dharmesh Shah of ICICI Securities suggests buying BEL, and LTIMindtree on July 15

Top Stock Recommendations: Dharmesh Shah of ICICI Securities suggests buying BEL, and LTIMindtree on July 15

Stock Market News: The market-leading Tata Consultancy Services’ earnings indicated early indications of recovery in the industry, and on Friday, IT stocks joined an over-month-long record-breaking surge that sent the domestic benchmark indexes, the Sensex and Nifty 50, to record closing highs. The Sensex gained 0.78% to close Friday’s session at 80,519.34, while the Nifty … Read more

Indian stock market: 8 key things that changed for market over weekend – Gift Nifty, US nonfarm payrolls to oil prices

Indian stock market: 8 key things that changed for market over weekend - Gift Nifty, US nonfarm payrolls to oil prices

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

Top Stock Recommendations: Dharmesh Shah of ICICI Securities suggests buying SBI, and Deepak Nitrite tomorrow

Top Stock Recommendations: Dharmesh Shah of ICICI Securities suggests buying SBI, and Deepak Nitrite tomorrow

Stock Market News: Although the domestic benchmark indices, Sensex and the Nifty 50, ended the Friday session in the red after rallying for four days, but they ended the month with their biggest gain in 2024 thanks to the return of foreign capital and the return of Prime Minister Narendra Modi to the fold. Nifty … Read more

Shedding election jitters, foreign investors turn big bulls ahead of Budget

Shedding election jitters, foreign investors turn big bulls ahead of Budget

Nirmala Sitharaman, in her second successive term as India’s finance minister, will present the federal budget for 2024-25 next month. Foreign institutional investors, or FIIs, have turnedbullish ahead of the budget not just in the cash segment of Indian equities but also on the derivatives segment. The Lok Sabha election results earlier this month returned … Read more

Top Stock Recommendations: Sagar Doshi of Nuvama suggests MCX, Birlasoft, and HDFC AMC today

Top Stock Recommendations: Sagar Doshi of Nuvama suggests MCX, Birlasoft, and HDFC AMC today

In early trade, the 30-share BSE Sensex increased by 134.64 points to reach a new all-time high of 78,188.16. The Nifty increased to 23,749.50, up 28.2 points. Subsequently, though, both benchmark indices had volatile trends and fluctuated between highs and lows. Financial Services, IT, Media, and Private Banks were among the sectoral indices at the … Read more

How you can blend investment styles with mutual funds

How you can blend investment styles with mutual funds

You often hear that it is essential to diversify mutual fund investments across asset classes and categories. However, it’s equally crucial to vary investment styles within a category. You can pick a fund following growth investing style and a value style that tend to do well during different cycles of the economy. Growth style typically … Read more

Top Stock Recommendations: Osho Krishan of Angel One suggests buying SBI Life, and AIA Eng today

Top Stock Recommendations: Osho Krishan of Angel One suggests buying SBI Life, and AIA Eng today

The 30-share BSE Sensex opened higher by 495.48 points or 0.65% at 77,102.05 level while the Nifty 50 started off at 23,480.95 level, up 158 points or 0.68%. According to Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, there is excellent news on inflation in both the US and India. In May, US … Read more

Fomo buying and key portfolio allocation push Nifty 50 to a new high

Fomo buying and key portfolio allocation push Nifty 50 to a new high

The excitement is palpable as BSE-listed companies surge, adding ₹2 trillion in market capitalization today, propelling the total to a record ₹429 trillion. “Most ministers retaining their portfolios signals policy continuity,” remarked Manish Sonthalia, CIO, Emkay Investment Managers. This suggests that pending tasks from the second term will be addressed in the third term, with … Read more

Weekend Wrap: From United Breweries to Jindal Stainless, top market movers this week

Weekend Wrap: From United Breweries to Jindal Stainless, top market movers this week

Top News India’s foreign exchange reserves (Forex) increased by USD 4.83 billion to reach USD 651.5 billion for the week ending May 31, 2024. The IPO of Kronox Lab Sciences got oversubscribed by 117.25 times. Sundaram AMC has launched the NFO for Sundaram Business Cycle Fund. The NFOs closes on 19th June. View Full Image … Read more

When mkt crashes, defensives like HUL, Nestle, Hero stand tall

When mkt crashes, defensives like HUL, Nestle, Hero stand tall

On a day when several stocks hit the lower circuit triggering a trading halt, there were some fast-moving consumer goods and auto names that stood tall. This hints at investors fleeing to defensive bets in a highly volatile market. On Tuesday, India VIX jumped 28%. Shares of Hindustan Unilever Ltd, Nestle India Ltd, Britannia Industries … Read more