Mid-cap and small-cap stocks have long been attractive for their high return potential. The Nifty Midcap index has outperformed the benchmark Nifty index for the fourth straight month in July (till date), rising 4.7 percent as against a 3.4 percent gain in Nifty. In 2024 as well, the mid-cap index […]
stock markets
Global brokerage house Nomura has increased the target price of auto component maker Sona BLW Precision Forgings following the company’s impressive results for the quarter ended June 2024 and a strong order book. Maintaining a ‘buy’ recommendation, the brokerage has raised its target price by nearly 15 percent to ₹788 […]
Next week, the focus of Wall Street investors will be on the US Federal Reserve’s monetary policy decision and Chair Jerome Powell’s press conference. The central bank is widely expected to hold the interest rate steady. Among the earnings, the four companies from the ‘Magnificent 7’ — Microsoft, Meta Platforms, […]
Buy or sell: This week, the Nifty index closed the trading week at 24,834, nearing its all-time high. Throughout the week, the Nifty fluctuated within a range of 24,000 to 24,800. This bullish trend may continue as the Nifty spot closed above the 24,600 mark, targeting the resistance levels of […]
Arvind SmartSpaces has given stellar returns to its investors in the recent times, surging 133 percent returns in the last 1 year and 92 percent in 2024 YTD. Brokerage house B&K Securities sees more upside ahead for the stock on the back of strong financial performance and a robust growth […]
US stocks were flat on Thursday after stronger than expected economic growth data. At the opening bell, the Dow Jones Industrial Average fell 25.24 points, or 0.06%, to 39,828.63. The S&P 500 was higher by 1.57 points, or 0.03%, at 5,428.70, while the Nasdaq Composite gained 10.23 points, or 0.06%, […]
Shares of Zee Entertainment Enterprises (Zee) have delivered disappointing returns for investors both recently and over the long term. In 2024 alone, the stock has plummeted by 50 percent, marking a significant erosion of investor wealth. Over the past year, the decline stands at 42 percent, illustrating a challenging period […]
F&O ban list:The National Stock Exchange (NSE) banned trading in two stocks on Thursday, July25, 2024, in the futures and options (F&O) segment as they exceeded 95% of the market-wide position limit (MWPL). However, these stocks will be available for trading in the cash market. The NSE updates the list […]
US stocks declined on Wednesday, led by the tech-heavy Nasdaq after lackluster quarterly results from Tesla and Alphabet. At the opening bell, the Dow Jones Industrial Average fell 147.46 points, or 0.37%, to 40,210.63. The S&P 500 was lower by 49.90 points, or 0.90%, at 5,505.84, while the Nasdaq Composite […]
Dalal Street witnessed volatile stock markets on Tuesday after the government proposed to hike securities transaction tax (STT) on futures & options (F&O) trade in the Union Budget for fiscal year 2024-25. Foreign institutional investors (FIIs) on Tuesday sold stocks of Indian companies worth ₹17,306.08 crore and bought stocks for […]