Equity indices Sensex and Nifty closed higher for the third session in a row on Tuesday, following gains in telecom, tech and consumer durable shares amid a firm trend in the global markets. Stocks that were in focus included names like ABFRL, which rose 9.24%, Tata Consumer, which was flat, and HUL, whose shares increased … Read more
Next week’s earnings reports from some of the market’s biggest technology and growth companies could prove an important test for the U.S. stock rally, which has flagged as expectations for interest cuts fade. Tesla, Meta Platforms, Alphabet and Microsoft – all set to report next week – are part of the group of companies that … Read more
Mumbai: Most auto company stocks made fresh highs on Monday in anticipation of strong March quarter results from them. Traders created fresh bullish bets on auto stock futures as the recent outperformance is expected to continue through the current valuations may be reflecting most of the optimism around the share prices. Maruti Suzuki, Mahindra & … Read more
Technical charts indicate a continuation of the positive trend going ahead, with the India VIX currently trading below 12. Any market dip presents a buying opportunity, as technical analysts predict Nifty will move towards the 22,800-23,000 levels soon. Stocks such as Vedanta, Hindalco, JSW Steel, City Union Bank, Canara Bank, HDFC Bank, ABB, ITC, HUL, … Read more
Synopsis The correction of March on Dalal Street should serve as a warning to all those who tend to buy stocks without bothering to look at what is the business of the company. The way correction panned out, there is a high probability that going forward that an upward movement in mid-cap space would be … Read more
Synopsis After a phase of correction, where more than index it was the market breadth which witnessed cuts, bulls were once again making their move on the street. Before you once again become bullish, it is extremely important not to forget the fact valuations are still high. In such conditions, for investors who are looking … Read more
The U.S. stock market is the most expensive it has been in around two years. Its valuation could be put to the test as companies report earnings in coming weeks. The S&P 500 is up more than 9% year-to-date, following its strongest first-quarter performance since 2019. But the bar may be rising for stocks to … Read more
One of the world’s largest money managers Vanguard Group’s India stock portfolio is faring poorly in the current calendar year, with nearly 60% of the 26 stocks languishing. Vanguard, which owns Indian stocks worth nearly Rs 36,000 crore through its various funds, has seen a decline in its portfolio value by Rs 664 crore in … Read more
After an overwhelming show in FY24, domestic equities look poised to kickstart the new financial year on a good note and test new highs, as capital flows remain buoyant and the underlying factors conducive for the bulls to keep their foot ahead of the bears on Dalal Street. Benchmark Nifty50 bid goodbye to FY24 after … Read more
Mumbai: Indian equities kicked off the new financial year on a strong note with benchmark indices hitting all-time highs in the first trading session of FY25. Mid-caps and small-caps rebounded on Monday after a weak show in March, as investors lapped up beaten-down names in that space on hopes these stocks could repeat their historically … Read more
