Fri, Nov 08, 2024
Analysts attribute the rupee's decline to capital outflows, which added pressure on the currency as investors moved funds to perceived safer assets abroad.
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Fri, Oct 25, 2024
Indian benchmark indices fell sharply on Friday, with the Sensex down 684 points at 79,380.81 and the Nifty slipping 253 points to 24,145.
Mon, Sep 16, 2024
Share Market Today, September 16, 2024: Tracking positive global cues, Indian equities will open on a positive note in Monday's session.
Wed, Nov 17, 2021
Stocks that were in focus include JBM Auto that hit a fresh 52-week high of Rs 969, Ingersoll-Rand hits a fresh 52-week high of Rs 1349.50 and Macrotech Developers trade near its 52-week high in intraday trade.
The Indian markets bounced back on Wednesday after slipping below the crucial support levels in the previous session.
Can Fin Homes Ltd which largely performed in line with the Nifty50 so far in 2021 rose a little over 35 per cent in the last 1 year compared to over 40 per cent upside seen in the Nifty50.
There is a lot of venture capital and foreign money waiting to invest in new-age technology stocks in India. This is the trend seen in US 25 years before when Netscape and Yahoo featured in the markets, Amit Gupta, Fund Manager – PMS, ICICI Securities – said.
FSN E-commerce Ventures, the parent of e-commerce beauty giant, Nykaa, which made a stellar stock market debut earlier in November, saw its first buy recommendations from a global brokerage firm post listing.
The domestic equity markets started off Wednesday on a negative note amid volatility and sell-off. Benchmarks Nifty50 and S&P BSE Sensex opened at 17,939.35 and 60,179.93, respectively.
Amid neutral global markets, sentiment, negative foreign institutional investors (FIIs), positive domestic institutional investors (DIIs) and future & options (F&O) cues, the short-term trend of the Indian stock markets will be neutral on Wednesday.
Investors of Ingersoll Rand (India) Limited must hold the stock with a positional term to long term view at least two analysts have told Zee Business Web team.
Indian market snapped a 2-day winning streak on Tuesday to close below crucial support levels. The Nifty50 closed below 18,000, while the S&P BSE Sensex saw a fall of nearly 400 points.
Tue, Nov 16, 2021
Trading in a range-bound manner, the Indian markets on Tuesday slipped at the closing, as the Sensex fell around 400 points and the Nifty below 18000-mark. The decline was mainly led by the banking and financial stocks, along with pharma and metals, at the market close today.
The equity benchmarks were trading in the red zone in the noon deals of Tuesday, November 16, 2021. At 12:24 pm, the S&P BSE Sensex was trading with a loss of 65.48 points or 0.11% at 60,653.23.
Thermax Ltd rallied more than 100 per cent in the last 1 year compared to over 40 per cent upside seen in the Nifty50 in the same period look poised for further upside in the next 2-3 months post Pennant breakout.
Global brokerages maintain their rating on Ashok Leyland post September quarter results but raised their respective 12-month target price as commercial vehicle maker narrowed losses.
The Indian market opened Tuesday’s session near flatline with minor gains as Sensex up over 36 points and Nifty above 18100-mark. The surge was mainly led by auto stocks along with IT in the early morning trade.
Large caps to be under pressure as inflation in the US has started to give investors a nightmare, leading to expectations of sooner than expected rate hike from the US Fed, and we expect the selling by FII to continue in the coming weeks also, Rahul Sharma, Co-Founder, Equity99, said in an interview.
Amid neutral global markets, foreign institutional investors (FIIs), future & options (F&O), positive domestic institutional investors (DIIs) and sentiment cues, the short-term trend of the Indian stock markets will be neutral on Tuesday, November 16, 2021.
Indian market remained volatile on Monday but managed to recoup losses and closed with minor gains. The Nifty50 closed above 18100 levels.
Mon, Nov 15, 2021
Sigachi Industries stocks zoomed to Rs 603.75 per share, a gain of Rs 440.75 or 270.40% on its issue price of Rs 163 per share on its debut day on the BSE on Monday.
The Indian market closed flat with a positive bias on Monday. Both the benchmark indices closed neutral with Sensex and Nifty50 ending above 60700, and 18100 levels respectively at the close. Pharma, FMCG and IT lead the surge, while metals and PSU banks dragged the market most today.
The domestic benchmarks were trading in positive territory in the noon deals of Monday, November 15, 2021. At 1:01 pm, the S&P BSE Sensex was trading at a gain of 87.15 points or 0.14% at 60,773.84.
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