Indian market is likely to consolidate on Tuesday tracking weak global cues. The Nifty future closed negative with losses of 1.05% at 22364 levels on Monday. India VIX was up by 8.11% from 11.53 to 12.47 levels. Volatility spiked during the day on account of weak global sentiments but is comparatively still at lower levels. … Read more
In a steep fall from the previous week, the number of smallcap stocks that offered double-digit returns this week were only 24. Last week, as many as 400 smallcaps rose in double-digits. The market sentiments worsened as the week went on as investors’ hopes for a June rate cut were dashed by higher-than-expected inflation in … Read more
In the race of returns, gold appears to have left the S&P BSE Sensex behind by miles in 2024. The yellow metal has approximately given 13% returns on a year-to-date (YTD) basis as against a 4% gain delivered by India’s heartbeat index. In the 30-stock index, 10 have given returns superior to gold in 2024. … Read more
MUMBAI – The National Stock Exchange (NSE) of India will launch four new indices in the cash and futures and options segments with effect from April 8. The exchange has proposed online dissemination of indices namely, Nifty Tata Group 25% Cap, Nifty500 Multicap India Manufacturing 50:30:20, Nifty500 Multicap Infrastructure 50:30:20, and Nifty MidSmall Healthcare, according … 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
Mumbai: Shriram Housing Finance will receive flows worth $260 million as part of its inclusion into the Nifty on March 28, according to a brokerage Nuvama Research. UPL, which is being excluded from the benchmark index, could see outflows to the tune of $95 million. The rejig will take place on March 28, but the … Read more
Mumbai: Indian stocks rose on Thursday, tracking the strength in global markets, as the US Federal Reserve’s policymakers reaffirmed that there could be three interest rate cuts this year fuelled optimism among investors. The Nifty closed above 22,000, considered a psychologically important level, while the beaten-down mid-cap, small-cap and PSU stocks rebounded the most in … Read more
UPL. Share Price 475.15 03:59 PM | 15 Mar 2024 13.05(2.83%) Bharti Airtel. Share Price 1220.00 03:59 PM | 15 Mar 2024 25.41(2.13%) Bajaj Finance. Share Price 6514.35 03:59 PM | 15 Mar 2024 116.91(1.83%) HDFC Life Insurance Company. Share Price 632.35 04:03 PM | 15 Mar 2024 10.11(1.63%) Adani Enterprises. Share Price 3132.20 03:59 … Read more
Sudip Bandyopadhyay, Group Chairman, Inditrade Capital, says “there is a strong speculation that Tata Sons will get listed in the near future and the best way to play that will be probably through Tata Chemicals; that is the conventional thinking in the market and that led to this kind of massive rise in the share … Read more
Indian market is expected to consolidate on Tuesday tracking mixed global cues. The Nifty future closed negative with losses of 0.01% at 22499 levels on Monday. India VIX was down by 0.47% from 15.24 to 14.92 levels. Positive setup was seen in stocks like BHEL, NTPC, Tata Communication, Gail India, PEL, Tata Power, MFSL, IGL, … Read more
