In the week gone by, 46 stocks in the BSE 500 index delivered double digit returns while 83 ended on the losing side. The 500-stock index which gained 2.1% on the week-on-week basis saw smallcap Aegis Logistics holding the top spot with nearly 30% returns. It was followed by multibaggers MOIL, Cochin Shipyard and Sterling … Read more
MUMBAI – Concerns over high valuations in the smallcap universe seems to have ebbed as stocks rallied in the week gone by and outperformed benchmarks by a wide margin. As many as 400 smallcap stocks gave double-digit returns of upto 52% in the week ended April 5, data by Ace Equity showed. Of these 400 … Read more
Indian market recouped morning losses and closed flat on Wednesday with a negative bias. The S&P BSE Sensex was down 27 points while the Nifty50 held on to 22400 levels. Sectorally, buying was seen in utilities, power, public sector and IT stocks while selling was seen in realty, auto, and FMCG. Stocks that were in … Read more
Shares of shipping companies jumped nearly 12% on Wednesday led by Mazagon Dock Shipbuilders which hit the day’s high of Rs 2,225.25 on the NSE. The other top gainers include Garden Reach Shipbuilders & Engineers, Cochin Shipyard, Shipping Corporation of India (SCI), and the Great Eastern Shipping Company which gained between 10% and 3%. Cochin … Read more
State-run NTPC, NHPC and NLC India will see their weights go up on the Nifty CPSE following a semi-annual rejig in the index, effective from Thursday, March 28. The adjustment will likely trigger passive cumulative inflows of $94 million according to estimates by Nuvama. A lion’s share will be contributed by NTPC ($71 million) followed … Read more
In times when foreign investors are taking calculative bets on India, the faith of retail bulls remains unabated, as they increased their holding in more than 300 stocks for three straight quarters. Their consistent faith seems to have paid off too, because atleast 100 of the 300 stocks have given multibagger returns so far in … Read more
