The Indian stock market indices, Sensex and Nifty 50, have experienced a nearly 2 percent correction from their record high levels. This dip comes amid profit booking and concerns over high valuations. While the Union Budget 2024 had a mixed overall impact, the market is expected to move beyond the […]
Equity markets
Elevated stock prices and euphoric valuations have been hot topics of discussion for some time now. In this brief note, we try to explain what to make of the current equity valuations. Why is there unease when markets are so strong? With equity markets making new highs, many struggle […]
Nirmala Sitharaman, in her second successive term as India’s finance minister, will present the federal budget for 2024-25 next month. Foreign institutional investors, or FIIs, have turnedbullish ahead of the budget not just in the cash segment of Indian equities but also on the derivatives segment. The Lok Sabha election […]
Along with exit polls, market will also react to domestic GDP data along with US core PCE data which will result further heighten the volatility on Monday. Overall the global cues have been weak as the hopes of rate cut are getting diminished with better than expected US economic data […]
The stock has consistently hit its 2 percent upper circuit since March 14, 2024. This year so far, the stock has given negative returns in just 12 sessions. All 5 months of the current calendar year have been in the green for Royal India. It has jumped 45 percent in […]
In the last 3 years as well, the stock has given exceptional returns, rallying 11007 percent from ₹16.5 in May 2021. Meanwhile, in the last 1 year, it has soared 468 percent and it surged 87.5 percent in 2024 YTD. This year so far, the scrip has given positive returns […]
Bull markets need fuel, which can come from equity capital or debt, noted ace investor Shankar Sharma in a recent post on X (formerly Twitter). He pointed out that India’s bull market has been driven by two main factors: a sharp increase in public debt-to-GDP from 65% to around 90%, […]
Chemicals firm IEL has given exceptional returns to its long-term investors. The scrip has soared 4900 percent in the last 4 years, from ₹0.14 in May 2020 to ₹7 currently. However, it has witnessed strong correction in the last one year and in 2024 YTD (year-to-date) as well. The stock […]
Traders in India’s stock market are turning to illegal election betting platforms for clues to combat the uncertainty regarding the outcome of the ongoing general elections, reported news agency Reuters. According to the report, in the weeks leading up to the vote counting on June 4, the market has been […]
Once a penny stock, Rajnish Retail has given multibagger returns in the long term. The stock has skyrocketed 1101 percent in the last one year from ₹7.51 in May 2023 to touch its record high of ₹90.19 in intra-day deals today. In the last 5 years as well, the stock […]