Stock market today: Indian stock market benchmarks —Nifty 50 and Sensex—extended their losses into the third consecutive session on Tuesday, August 6, as investors remained cautious amid prevailing concerns over an economic slowdown in the US, geopolitical tensions in the Middle East, and the markets’ rich valuations. The frontline indices […]
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In the last one month, the benchmark index Nifty 50 went up by 4% while the broader indices midcaps, smallcaps went up by 6% and 5%, respectively. This outperformance was led by improved sentiment and positive flows. However, brokerage house Axis Securities believes that with the recent run-up in the […]
Stocks to buy: Indian stock market indices, Sensex and Nifty 50, are trading flat in a choppy session Tuesday amid weak global market cues. Gains in consumer, oil & gas, media and realty stocks are countered by selling in IT, banks and pharma shares. The 30-share BSE Sensex opened marginally […]
June closed with a notable 6 percent gain for the Indian market, its highest monthly increase in 2024 and the largest since December 2023. This surge reflects strong investor confidence bolstered by positive economic signals, expectations of policy consistency, and renewed foreign investments. Looking forward, experts anticipate the bullish momentum […]
Indian stock market traded higher on Tuesday, with the frontline indices Sensex and Nifty 50 tad below their record high levels. The gains were led by banking, financial services and IT stocks. Foreign Investors are optimistic on Indian markets from a medium-term perspective but are cautious after the surprisingly strong […]
The benchmark Nifty has surged over 4 percent in June, reaching around the 23,500 mark and setting multiple new highs along the way. With high valuations for most stocks and no significant correction in sight, investors may find it challenging to determine where to invest. To address this, brokerage house […]
Banking Q4 Review Reviewing the Q4 results for the banking space, the brokerage pointed out that banks, including Small Finance Banks (SFBs), in its coverage have sustained robust credit growth, aligning closely with anticipated 17 percent year-on-year growth (excluding HDFCB). While some banks have voiced concerns regarding corporate growth due […]
Reconsidering its earlier portfolio in light of the unexpected election results, brokerage house Prabhudas Lilladher believes portfolio allocations and future policies of NDA government will be a key determinant of market movements. Severe jolt to BJP in Uttar Pradesh (new PDA social engineering), Maharashtra (fractured parties) and West Bengal will […]