India’s economic recovery is still in early stages and will gain momentum going ahead, said Raghvendra Nath, MD, Ladderup Wealth Management in an interview with Kshitij Bhargava of Financial Express Online. The market veteran added that investors should use corrections, as the one recently seen, to invest in a phased manger with an eye on […]
By Rahul Shah Equity benchmark Index bounced back the first time in six weeks, aided by the surge in index heavyweight Reliance Industries, Auto and metal stocks. The five-week losing streak that ended on May 13 was the longest in two years. Sensex jumped 1,533 points or 3 per cent to close at 54,326. While […]
BSE and NSE are closed today on account of Good Friday. The country’s leading commodity exchange, the MCX will also remain shuttered for the first session of trade and for the evening session. The equity segment, the SLB segment, the equity derivative segment, interest rate derivatives segment and the currency derivatives segment will also be […]
By Shrikant Chouhan The benchmark indices witnessed profit booking at higher levels, the Nifty 50 ended 81 points lower while the BSE Sensex was down by 407 points. Among sectors, Reality and Media continued the positive momentum whereas banking and Energy stocks registered profit booking at higher levels. Technically, on last Thursday the market opened […]
Equity benchmark BSE Sensex rebounded more than 1 per cent while Nifty reclaimed the 18,200 level on Monday, boosted by heavy buying in banking, financial and auto stocks amid a rally in global stock markets. Besides, continuous foreign fund inflows further bolstered sentiment, traders said. On similar lines, the broader NSE Nifty climbed 195.40 points […]
The number of demat accounts rose to 10.8 crore in December 2022, a surge of 34 per cent on yearly basis, on attractive returns from the equity markets, ease of account opening process and increased financial savings. Also, the incremental account additions of such accounts were higher in December in comparison with the preceding three […]
Reliance shares rose half a per cent to Rs 2,454 on NSE after the Mukesh Ambani-led company reported in-line Q3 numbers. The oil-to-telecom major’s net profit declined 15% on-year to Rs 15,792 crore for the quarter ended 31 December 2022. RIL’s telecom arm Reliance Jio and retail arm Reliance Retail each posted healthy double-digit growth […]
BSE Sensex and NSE Nifty 50 may touch new highs by mid-May this year, says Sanjiv Bhasin, Director, IIFL Securities. Bhasin sees a potential rally of 10 per cent in the 50-share index in the next two months, pegging a target price at 19,000. He also believes that Bank Nifty may rise to 39,500 levels […]
Debt mutual funds (MFs) continued to register withdrawals in January. Data from the Association of Mutual Funds in India (Amfi) showed net outflows of Rs 10,316 crore. However, money market funds were outliers, registering inflows of Rs 6,460 crore. Money market funds are those that invest in highly liquid, near-term instruments, such as cash, cash-equivalent […]
UltraTech Cement, India’s largest cement producer, posted a 32.30% fall in consolidated net profit at ₹1,666 crore for the fourth quarter ended March 31, impacted by a rise in energy and raw material costs. The Aditya Birla group company had posted a net profit of ₹2,461 crore for the same quarter of the previous fiscal. […]
网站备案号: 粤ICP备16118000号-1