Atul Auto, a leading player in the Indian three-wheeler market, saw its shares surge by 16% in July, continuing its bull run for the second consecutive month. This rally has propelled the stock to gain 41% in 2 months and 318% over the past two years. In July, the stock […]
Indian stock market
Indian stock market: With the Nifty 50 surpassing the 25,000 mark for the first time, hitting a fresh all-time high of 25,078.30 in morning trade on Thursday, August 1, the benchmark index has gained about 15 per cent this year so far. Experts say this rally is not showing signs […]
How will the Indian markets likely react to rate cut cues for September? Analysts see positives in the Federal Open Market Committee (FOMC), maintaining the benchmark interest rate at 5.25-5.50 per cent on Wednesday, while also signaling a potential rate cut in September. The US central bank has kept interest […]
The Indian market concluded July on a robust note, extending their winning streak to a second consecutive month. This positive momentum has been driven by significant sector rotation, which has played a pivotal role in sustaining the indices at elevated levels. Despite some volatility experienced after the budget—prompted by the […]
Axis Securities has initiated coverage on India’s food delivery giant Zomato with a buy call. The target price is pegged at ₹280, implying a 22 per cent upside potential from the stock’s July 31 closing of ₹229.50 on the BSE. Zomato share price closed 1.01 per cent higher on the […]
Stocks to buy or sell: The Indian stock market has been on a record-setting spree of late on solid support from retail investors amid a healthy macroeconomic outlook and the expectations of the start of a rate cut in the US. The benchmark index, the Nifty 50, has been hovering […]
Indian stock market: The market indices – Sensex and Nifty50 ended the day flat due to mixed global signals, on Tuesday. The Nifty 50 opened at 24,839.40, slightly above its previous close of 24,836.10, and reached an intraday high of 24,971.75 and a low of 24,798.65. The BSE Midcap index […]
Solid gains in the Indian stock market across segments drove the cumulative market capitalisation (mcap) of BSE-listed firms to over an all-time high of ₹460 lakh crore, or $5.5 trillion, for the first time on Tuesday, July 30. Until July 29 close, the Indian stock market benchmark, the Sensex, has […]
Akums Drugs and Pharmaceuticals Limited said the company has raised nearly ₹828.78 crore from anchor investors ahead of its initial public offering on Tuesday, July 30, according to the company filing on the Bombay Stock Exchange (BSE). The pharmaceutical manufacturing company allocated 1,22,05,912 or 1.22 crore equity shares at ₹679 […]
Nifty 50, the key index of the Indian stock market, almost touched the 25,000 mark during the session on Monday, July 29. The index, however, failed to hold altitude and ended flat at 24,836.10 on profit booking. Shares of HDFC Bank, Bharti Airtel, ITC, Titan and Kotak Mahindra Bank ended […]