msci index rejig: India’s weightage climbs to record high on MSCI Global Standard index

msci index rejig: India’s weightage climbs to record high on MSCI Global Standard index

BENGALURU – Index provider MSCI raised India’s weightage in its Global Standard (Emerging Markets) index to a historic high of 18.2% following its February review, and the changes will come into effect after market close on Feb. 29. India’s weightage in the index has nearly doubled since November 2020. The climb can be attributed to … Read more

Nifty: Nifty expected to face selling pressure, support at 21,250: Analysts

Nifty: Nifty expected to face selling pressure, support at 21,250: Analysts

Most technical indicators suggest a correction in the near term. If Nifty falls below 21,250, it is likely to move towards the 21,000-20,900 range. However, if the index surpasses and maintains levels above 21,500, analysts anticipate index to move to 21,600-21,700 range. SBI, NMDC, SAIL, RIL, Infosys, GAIL, Siemens, Tata Power, Coforge, MGL, Star Cement, … Read more

Nifty: Nifty on a strong base, to maintain bullish trend: Analysts

Nifty: Nifty on a strong base, to maintain bullish trend: Analysts

Technical charts suggest a sideways-to-positive outlook from a broader market perspective. The Nifty has established a strong base around 21,450 levels, and a sustained position above this level is likely to favour the bullish trends, according to analysts. Stocks, including Infosys, Persistent Systems, Torrent Pharma, Medanta, APL, NMDC, and Hindustan Petroleum have formation of long … Read more

Over 2 lakh crore! TCS, Wipro and 5 other companies that spent highest on buybacks in past decade – Top spenders

Over 2 lakh crore! TCS, Wipro and 5 other companies that spent highest on buybacks in past decade – Top spenders

Bharat Petroleum Corporation. Share Price 472.85 03:59 PM | 16 Jan 2024 12.91(2.81%) Tata Steel. Share Price 137.25 03:59 PM | 16 Jan 2024 2.35(1.75%) Titan Company. Share Price 3820.30 03:59 PM | 16 Jan 2024 61.46(1.64%) ITC. Share Price 472.30 03:59 PM | 16 Jan 2024 4.70(1.01%) Maruti Suzuki India. Share Price 10183.55 03:59 … Read more

metal stocks rally: Metal stocks extend winning streak to 4th session; what’s attracting the bulls?

metal stocks rally: Metal stocks extend winning streak to 4th session; what’s attracting the bulls?

Metal stocks rallied for the fourth consecutive session on Wednesday, which saw the Nifty Metal index hitting a lifetime high. Rollover of positions to the January derivative series and a reversal in the dollar index are aiding the up move in the stocks in the sector. In four sessions, the Nifty Metal index has gained … Read more