Edited excerpts: Market has been on a high, will it remain the same ahead of election results or will there be a correction? Markets work like discounting machines that often incorporate forward-looking events into current prices. They typically show a reversal only when unexpected surprises occur. Events like election results […]
Adani Group stocks surged sharply in today’s trading session, driven by multiple positive developments that spurred strong demand for the group’s shares. Leading the performance was Adani Power, which gained 10%, closing at ₹776.40 and hitting a new all-time high of ₹797 per share. Adani Total Gas followed closely as […]
Stable Lok Sabha election’2024 outcomes and favorable pre-budget announcements are among the factors that could boost the markets, feels Anshul Arzare, MD and CEO of Yes Securities. However Domestic or Global slowdown, higher inflation impacting consumption and corporate earnings or election results deviating from expectations could destabilize markets feels Arzare. […]
Sensex shed 0.70 per cent, while the Nifty 50 declined 0.33 per cent in May. The BSE Midcap index, on the other hand, bucked the trend and clocked a decent gain of 1.74 per cent. The BSE Smallcap index lost 0.11 per cent in May. The domestic market witnessed strong […]
The small and medium-sized enterprise (SME)IPO segment has been experiencing unprecedented buzz. There have been around 100 SME IPOs listed as of May 2024. Also Read: IPO Boom: 57% of SME issues saw over 100% subscription in 2024, HOAC Foods leads pack; check top performers Analysts believe that the rise […]
The brokerage reiterated its “underperform” call on the stock, with a target price of ₹96, implying a potential downside of 47 percent from Thursday’s close of ₹180.60. The escalating competitive landscape primarily influences the bearish target set by the global brokerage, as numerous e-commerce platforms venture into the quick commerce […]
The Nifty Midcap 50 outperformed the Nifty 50, closing 0.37% higher. Similarly, small-cap stocks also outperformed the Nifty 50, with the Nifty Small Cap 100 ending at 16,612.85, up by 83.85 points or 0.5%. The Nifty 50 has provided the following returns: – In the last 1 week: -1.89% – […]
Stock market today: Indian stock market benchmarks—the Sensex and the Nifty 50—ended with mild gains on Friday, May 31, snapping the losing streak of the last five consecutive sessions. All eyes are now on the last phase of the General Election 2024 on Saturday, June 1, followed by the exit […]
In the run-up to the election results, the benchmark indices, including the Nifty50 and Sensex, have witnessed a decline of 1.5-2 percent over the past five sessions but rose a bit in today’s deals. Adding to the unease, the Volatility Index (VIX) has surged to around 24, significantly higher than […]
Stock market news: AVG Logistics shares are one of the multibagger stocks the Indian stock markets have delivered in recent years. The small-cap stock has remained in the base-building mode for nearly two months. The multibagger stock topped out at the end of March 2024 at around ₹615 apiece level, […]