After a nearly 6 per cent fall in the previous session, Nifty 50 jumped over 3 per cent on Wednesday, June 5, as hopes prevailed that the BJP-led NDA was ready to form a stable government. Also Read: Lok Sabha Election results 2024: What does lack of BJP majority mean […]
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Indian equity markets managed to recover some ground on Wednesday, with the benchmark Nifty 50 index rising 3%. However, this did not fully offset Tuesday’s massive losses. The outcome of the Lok Sabha election 2024 – a fractured mandate and coalition government—was far from the Street’s lofty expectations of a […]
Stock market today: A day after experiencing their biggest percentage-term losses in about four years, the Indian stock market benchmarks – the Sensex and the Nifty 50- staged a remarkable comeback on Wednesday, June 5, as investors absorbed the Lok Sabha election results and shifted their focus to fundamentals and […]
Reconsidering its earlier portfolio in light of the unexpected election results, brokerage house Prabhudas Lilladher believes portfolio allocations and future policies of NDA government will be a key determinant of market movements. Severe jolt to BJP in Uttar Pradesh (new PDA social engineering), Maharashtra (fractured parties) and West Bengal will […]
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, […]
The Nifty and Sensex plunged the most in four years as it became clear that the Narendra Modi-led Bharatiya Janata Party (BJP) will fall short of the 272 seats required to form a government on its own. While the BJP-led NDA secured a comfortable majority, the numbers were far below […]
In a recent report, brokerage house Emkay believes that at 19.5x PER, the correction isn’t deep enough yet. At current levels, the brokerage is neutral on equities and would stay invested but not add to positions. If the Nifty does correct another 10 percent to below 20,000, it sees the […]
Adani Group stocks crashed sharply on Tuesday after most of the group stocks hit 52-week highs in the previous session following the overall weak sentiment of the Indian markets after early trends showed that the election result could be tighter than exit polls had predicted. The decline in Adani Group […]
You may have heard about demat (Dematerialised) accounts, which is a must for owning shares and other securities such as exchange traded funds (ETFs). But you will do well to remember that you have to open a trading account alongside a demat account to be able to seamlessly buy and […]
Top News Indian market capitalization reached up to $5 trillion as a result of domestic markets growing by $1 trillion in under 6 months. Shares of Awfis Space Solutions got listed at a premium of 13% over issue price of ₹383. JM AMC, Motilal Oswal AMC, Mahindra Manulife and Helios […]