Fri, Dec 20, 2024
Global cues rattle markets as Sensex sinks 1,200 points, Nifty slips below 23,600; IT gains on Accenture boost, but realty, financials drag indices down amid Fed rate cut uncertainty.
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Thu, Dec 19, 2024
In a weak market dragged down by the disappointing commentary from the Federal Reserve Chair wherein outllook for the number of rate cuts for next year have been halved, Zee Business panelists have shared their pick of the day across sectors.
Tue, Dec 17, 2024
Equity indices face heavy selling pressure; broader markets outperform but breadth remains weak with more declines than gains.
Mon, Jan 09, 2023
Top Gainers, Losers: The BSE Sensex was up 847 points or 1.41 per cent to 60.747.31, while the NSE Nifty50 was up 242 points or 1.35 per cent to 18,101.2 levels at the market close on Monday.
Sun, Jan 08, 2023
The broader indices traded mixed wherein smallcap showed some resilience and managed to end flat while the midcap lost nearly a percent.
Sat, Jan 07, 2023
Market Outlook, Market Next Week: The equity markets started the first week of the calendar year on a subdued note and lost nearly a percent and a half, tracking feeble global cues.
Wed, Jan 04, 2023
The Sensex ended with a loss of 636.8 points at 60,657.5 and the Nifty50 settled at 18,043, down 189.6 points for the day — inches from their lowest levels of the day.
Earlier today, Zee Business Managing Editor Anil Singhvi lauded the Supreme Court decision and said that the stock is now poised for re-ratings. He said that the news augurs well for the company as a lion share of its business comes from food and beverages
Sun, Jan 01, 2023
Anil Singhvi Strategy on Nifty, Bank Nifty: Zee Business Managing Editor Anil Singhvi said that the markets will be driven mainly by domestic factors. He sees support for Nifty at 17,975-18,025 while resistance 18,250-18,300 where some profit booking will likely be seen. As for Bank Nifty, support is seen at 42,625-42,700 resistance at 43,300-43,425
Sharekhan has put a price target of Rs 5,060 on Britannia Industries shares with a view of 12 months. The stock was recommended at a price of Rs 4,365
The markets may continue to remain volatile and may trade with a downward bias in the immediate term, Joseph Thomas, Head of Research at Emkay Wealth Management said
Thu, Dec 29, 2022
The first half was dull as the Nifty index hovered in a narrow band however a sharp surge in the index majors in the latter half completely changed the tone.
Shares of SBI have outperformed the broader market Nifty50 over one year period yielding nearly 32% returns against 5% return generated by the benchmark index.
Tata Power Share Price: Power Sector is in focus now and Tata Power Company Limited is set for an upside, market expert Nilesh Jain said. He said that the risk to reward ratio is favourable over the long term horizon.
Stock Market HIGHLIGHTS: Singapore-based SGX Nifty recovered 100 points though the bias was negative. It was down by 17 points or 0.09 per cent at 18,120. Dow Futures were trading at 32,939.30, up 63 points or 0.19 per cent
Wed, Dec 28, 2022
The benchmark indices – NSE Nifty50 and BSE Sensex – which are trading near 18100 and 61000 levels as of today may touch 22,200 and 74,000 levels, respectively, on the higher side in 2023.
Shares of Titan Company and Mahindra & Mahindra closed as top gainers on Nifty and Sensex on Wednesday while telecom major Bharti Airtel shares ended as top losers on the NSE and BSE.
Motilal Oswal maintains a buy on Axis Bank stock with a price target of Rs 1130 which is nearly 21 per cent higher from the price at which it was recommended
Mon, Dec 26, 2022
The benchmark indices Nifty50 and Sensex gradually inched higher as the day progressed to eventually settled at 18,014 and 60,566 levels- each up over 1 per cent.
Sanjiv Bhasin said that Nifty50 will reclaim 18,500 next week and suggested investors not fall prey to the rumours. He added that Nifty will also achieve 19,000 before the Union Budget.
SBI, IndusInd Bank, Cipla may give returns up to 25 per cent on long-term months, say ICICI Securities and Motilal Oswal analysts as Indian shares bounced sharply after last week's bloodbath.
Market expert Sanjiv Bhasin said that he is bullish on the Tata Group company and called it one of his favourites in the auto sector. He said that the company commercial vehicle sales are four times than what Ashok Leyland sells
Siemens Share Price: Siemens Limited shares gained on Monday on news of Rs 26,000 crore worth contract it has bagged from Ministry of Railways. The stock was trading at Rs 2,858 on the NSE and was up by Rs 70.80 or 2.54 per cent around 10 am
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