TCS among top gainers ahead of Q4 results; Nifty, Sensex trade firm today on continuous buying from FPIs

Stock market benchmark indices climbed in early trade on Wednesday, extending their rally for the eighth day running, following strength in most of the Asian equity exchanges and continuous foreign fund inflows. Also, buying in index majors Reliance Industries, HDFC twins and Tata Consultancy Services added to the positive trend in the equity market. The […]

Daihatsu Motor to suspend production in January, will compensate 423 companies

Daihatsu Motor Co. will halt shipments and suspend operations through January, as the Toyota Motor Corp. subsidiary seeks to contain the fallout of an investigation thatrevealedmost of its vehicles weren’t properly tested for collision safety. The maker of popular kei cars promised to compensate all 423 of the companies it directly supplies, a Daihatsu spokesperson […]

Nifty 50 needs to hold above 16400, resistance at 17000; more value in large-caps, check stocks to buy

By Rahul Shah Equity markets globally remained impacted by worries on rising interest rates, elevated crude oil prices and liquidity tightening – which kept the market both volatile as well as jitter. markets registered losses in the last five trading days, Nifty closing at 16201 and Sensex closing at 54303, logging their first weekly losses […]

PMS schemes’ returns trail Nifty in CY22

The majority of portfolio management services (PMS) schemes underperformed the Nifty50 in CY 2022 amid sustained market volatility. As many as 56%, or 168, of the 300 PMS schemes were not able to beat the returns generated by the benchmark in CY22. The 300 schemes collectively delivered average returns of -0.2% — far lower than […]

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