Benchmark Sensex closed above the 73,000 level for the first time while broader Nifty scaled the 22,000-point peak on Monday as key stock indices stayed on the record-breaking run. Stocks that were in focus included names like Just Dial, which rose 1.82%, HDFC Life, which declined 3.55%, and Wipro, whose shares jumped 6.37% on Monday. … Read more
Benchmark indices surged to their fresh all-time highs on Friday, driven by a sharp rally in IT stocks. The 30-share Sensex jumped 999 points to reach a new record of 72,721 and the Nifty climbed 281 points to reach its fresh record peak of 21,928. Stocks that were in focus included names like Tata Consumer, … Read more
Cantabil Retail, which is into the business of apparel manufacturing, was one of the top performing stocks on the street over the last 10 year period, rising as much as 7,300%. Accordingly, if an investor had invested Rs 10,000 in the stock 10 years ago and stayed put, the investment would have jumped to nearly … Read more
Equity indices ended marginally higher on Thursday trimming most of their intra-day gains. The 30-share Sensex climbed 63 points to settle at 71,721, while the Nifty gained 28 points to end at 21,647. Stocks that were in focus included names like HCL Tech, which rose 0.02%, SBI Life, which fell 1.48%, and Apollo Hospitals, whose … Read more
Equity indices bounced back from intraday lows to settle higher on Wednesday. The 30-share Sensex settled 271 points higher at 71,657 and the Nifty advanced 73 points to 21,618. Stocks that were in focus included names like HCL Tech, which rose 2.03%, Delta Corp, which jumped 2.9%, and Manappuram, whose shares declined 4.8% on Wednesday. … Read more
Equity indices closed with marginal gains on Tuesday amid profit booking and mixed Asian markets. The 30-share Sensex trimmed most of the gains during the fag-end trading and ended marginally higher by 30 points at 71,386. The Nifty was up 32 points at 21,544. Stocks that were in focus included names like TCS, which rose … Read more
Kotak Mahindra Bank Ltd, part of the private banking space, has fallen over 11% from May 2023 highs but it has bounced back from crucial support and the upmove could extend towards 2000 levels. Short-to-medium-term traders can look to buy the stock on dips towards 1800-1850 levels, suggest experts. The stock hit a 52-week high … Read more
Equity indices surrendered closed with losses on Monday amid a weak trend in global markets. The 30-share BSE Sensex tanked 671 points to settle at 71,355 and the Nifty declined 198 points to 21,513. Stocks that were in focus included names like Trident, which rose 19%, Titan, which fell 0.04%, and Tata Steel, whose shares … Read more
Canara Bank, part of the PSU bank segment, rallied more than 20% in the last 3 months to hit a fresh record high in January 2024 and the chart pattern suggests that the rally may not be over yet. Short-term traders can look to buy the stock on dips for a possible target above Rs … Read more
Indian benchmark indices ended Friday in the green, maintaining their two-session gaining streak on buying action in IT and auto stocks. The S&P BSE Sensex finished at 72,026, up by 178.58 points or 0.25%. Meanwhile, the broader Nifty settled at 21,710.80, higher by 52.20 points or 0.24%. India VIX, a measure of volatility in Nifty, … Read more
