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Nifty to reclaim 17,200 or bears to grip D-St? Check US, Asia stocks, SGX Nifty, FII/DII data, more before market opens

Indian benchmark indices are likely to snap their losing streak to open in the green, hinted SGX Nifty. On the Singapore Exchange, Nifty futures were trading higher, up 32.5points, at the  17,211.5 level. Domestic indices extended losses for the third session in a row. Nifty sank 258 points to close at 17,154, under the 17,200 […]

Adani Enterprises, four other Group shares hit lower circuit; all Adani shares tank up to 30% even after FPO

As the effects of the Hindenburg Report continue to wreak havoc on Adani Group’s listed companies, all seven of Adani group shares fell sharply on Wednesday. A day after the Adani Enterprises FPO (follow-on public offer) received full subscription, Adani Enterprises snapped a two-day winning streak, dropping over 30% intraday. The share price for the […]

Nifty support at 15200, buy on dips, Bank Nifty may head to 34500; Buy SBI, Infosys, ITC to pocket gains

By Dharmesh Shah Equity benchmarks edged last week higher amid volatile global cues. The Nifty ended the week at 15752, up 0.3%. The broader market performed in tandem with the benchmark as Nifty midcap, small cap gained 0.5% and 1%, respectively over the week. Sectorally, FMCG, metal, IT, realty extended pullback while financials relatively underperformed […]

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