Dalal Street’s love for all-things-Tata got deeper in FY24 with 9 stocks, including the newly-listed Tata Technologies, giving multibagger returns up to 257%. Even the worst performing Tata stock gave 11% return. The combined market capitalisation of all Tata stocks (excluding Tata Tech) rose by Rs 9.15 lakh crore to Rs 29.62 lakh crore. This … Read more
The Indian market is likely to consolidate on Tuesday tracking muted global cues. The Nifty future closed flat at 22134 levels on Monday. India VIX was up by 1.50% from 13.69 to 13.90 levels. Volatility has been hovering within a band and creating swings in the market. Positive market setup was seen in stocks like … Read more
Indian market is expected to trade higher on Monday tracking positive global cues. The Nifty future closed negative with losses of 0.24% at 22538 levels on Thursday. India VIX was down by 4.77% from 14.30 to 13.61 levels. Positive setup was seen in stocks like Tata Chemicals, Tata Power, Tata Steel, OFSS, Glenmark, HAL, Tata … Read more
After hitting record highs intraday, domestic equities closed flat in a volatile session on Thursday, weighed down by selling in index majors such as Reliance Industries and private banking stocks. The 30-share BSE Sensex ended 33 points higher or 0.1% to settle at 74119 points. The NSE Nifty gained 19 points or 0.1% to end … 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
Indian market is expected to trade higher on Monday tracking positive global cues. The Nifty future closed negative with losses of 0.59% at 21,351 levels on Thursday. India VIX was up by 6.61% from 14.38 to 15.33 levels. Volatility spiked to 15.6 zones during the week and created swings in the market. Positive setup was … Read more
Shares of select renewable energy stocks jumped up to 19% on Tuesday after Prime Minister Narendra Modi launched the Pradhanmantri Suryodaya Yojana on Monday as India celebrated the consecration ceremony of Ayodhya Ram Mandir.The gains were led by Borosil Renewables which soared up to 19 and hit its 52-week high of Rs 602 on the … Read more
