Budget 2024: Markets are scaling new highs with the benchmark indices – Sensex and Nifty 50 – rebounding significantly in last couple of weeks, after the volatility related to Lok Sabha poll results 2024 cooled down. Gurpreet Sidana CEO of Religare Broking, in an interview with Mint’s Ujjval Jauhari, said […]
The current domestic rally stands on solid ground, Sensex is poised to potentially breach the 80,000 marks. This surge began with the formation of a stable coalition government, instilling confidence among investors. Since June 4th, major indices have climbed 10%, significantly reducing the country’s risk profile by reversing net outflows […]
Emcure Pharmaceuticals IPO: The mainboard initial public offering (IPO) of leading pharma major Emcure Pharmaceuticals Ltd will open for subscription on Wednesday, July 3, 2024. The company develops, manufactures, and markets a wide range of pharmaceutical products across several major therapeutic areas. Emcure Pharma’s product portfolio consists of injectables, biotherapeutics, […]
Domestic equity benchmarks Sensex and Nifty 50 In its derivatives monthly rollover report, domestic brokerage firm Religare Broking revealed that Nifty 50 closed at around 22,500 after volume-weighted average price (VWAP)-based selling activity was witnessed in the second half of the day. Source link
The Nifty index concluded the trading week at 24,000, demonstrating consolidation near the critical 24,000 level, which has been a focal point in recent analyses. Throughout the week, the index fluctuated within a range, reaching a high of approximately 24,200. This consolidation suggests a pause in the recent bullish trend, […]
Union Budget 2024: The Indian market is experiencing relentless bullish momentum characterized by a series of record highs, frequent milestone achievements, and the establishment of new benchmarks. On Thursday, June 27, the benchmark Nifty breached the 24,000 mark for the first time. Continuing the rally, the Nifty reached 24,100 points, […]
IPOs Next Week: The primary market witnessed some major listings in both main board and small- and medium-sized enterprise (SME) segments in June, which kept investors engaged with subscriptions and listings. Moving on, the first week of July sees strong market buzz – similarly packed with new listings and initial […]
The stock market is closed on festivals and the weekends. Both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will be closed for nine days, including the weekends in the month of July. Here is a list of holidays for July, investors can make their decisions accordingly. […]
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 […]
The market capitalisation of nine out of the top ten most valued companies in the Indian stock market collectively added ₹2,89,699.42 crore to their market valuation last week, with Reliance Industries emerging as the top gainer. This rise aligns with a broader rally in equities. The BSE benchmark index saw […]