This week, the domestic market reached the psychological milestone of 25,000, with a peak at 25,078.30 before closing at 24,717. The market experienced a brief surge, in the last 7days, before consolidating due to subdued quarterly results & clampdown in Asian market like Japan. Initially, the week started positively as […]
Nifty50
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 […]
Shares of Tata Group’s Trent surged over 5 percent on Wednesday, reaching a new high and extending rally. The stock has gained more than 13 percent in 8 sessions. The rally is driven by market speculation that Trent will be included in the Nifty 50 index during the upcoming September […]
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 […]
Indian stock market: Ajit Mishra – SVP, Research, Religare Broking Ltd, believes that investors should use intermediate corrective phases to accumulate quality stocks. In an interview with Mint, Mishra highlighted key market triggers for the second half of 2024, trading strategy and Indian market position in the world. Edited excerpts […]
While investors have been increasing their equity holdings over the past few months, driving the S&P BSE Sensex and Nifty 50 to record highs, it is silver that has delivered the best return in the first half of 2024 (H1-CY24), with gains exceeding 30 percent during this period. Data shows […]
Brokerage firm Prabhudas Lilladher has raised its 12-month forward target for the benchmark Nifty to 26,398 from 25,816, as compared to a month ago. “In the Base Case,PL values NIFTY at 3% discount to 15-year average PE (18.6x) with March 26 EPS of 1,417 and arrives at a 12-month target […]
Indian stock market: On Tuesday, Indian stock market indices, including the Nifty 50 and the Sensex, reached new all-time highs. The Nifty 50 achieved a new all-time high of 24,443.60, while the Sensex reached a peak of 80,397.17 during the session. By the end of the day, the Nifty 50 […]
Market investors are now eagerly waiting for the Finance Minister Nirmala Sitharaman to table the full budget for FY25. According to media reports, the government will present the budget in the third week of July, however, no official announcement has been made yet. Experts believe that the Indian stock market […]
Small and Mid-caps have remained market favorites so far this calendar year. Stocks from this space have witnessed exceptionally strong demand by retail investors in the first half of 2024. Year-to-date, the Nifty Midcap and Nifty Smallcap indices have both surged approximately 21 percent, outperforming the benchmark Nifty’s 10.5 percent […]