Indian benchmark indices closed higher on buying interest in consumer and private banking stocks, although gains were limited by selling pressure in auto, IT and pharmaceutical names. While Nifty ended at 25,693.70, up 50.90 points or 0.20%, the BSE Sensex advanced 266.47 points or 0.32% to 83,580.40.Meanwhile, the volatility gauge India VIX ended at 11.94, […]
India’s benchmark indices broke their two-day winning streak on Thursday to end lower amid broad selling pressure. Financial services, auto and IT stocks led the declines. The Nifty closed at 25,642.80, down 133.20 points or 0.52%, while the BSE Sensex fell 503.76 points, or 0.60%, to 83,313.93.Meanwhile, the volatility gauge India VIX ended at 12.17, […]
After a quiet week, Indian markets traded in the green on Friday as investors were cautiously optimistic for next week. CA Rudramurthy BV, MD, Vachana Investments shared his insights on Nifty, Bank Nifty and sector-specific opportunities, and urged traders to focus on capital protection in the current bandwidth-constrained environment.Nifty and Bank Nifty levels Rudramurthy identified […]
Shares of Vedanta Ltd fell 4.4% to an intraday low of Rs 595 on the BSE on Thursday, tracking a sharp sell-off in the metals sector. The stock came under pressure as weakness in global and domestic commodity prices weighed on sentiment, dragging metal counters lower during the session.By 1 p.m., futures contracts for major […]
Nomura has repeated his bullish attitude towards the steel sector of India, with reference to a strong domestic demand and supporting global signals and called JSW Steel and Jindal Steel as top choices. The Brokerage increased its target price on JSW Steel to RS 1,300 from RS 1,220 and on Jindal Steel to RS 1,150 […]
The Indian stock markets ended the week with a win of 1%, but remained below the most important 25,000 Mark, which made analysts to be called in to weigh underlying trends. Mayuresh Joshi in an interview with ET now emphasized domestic policy measures and global factors. “GST -rationalisatie is zeer positief – het zou moeten […]
In investments, few signals are just as powerful as the United order for promoters, foreign institutional investors (FIIS) and domestic institutional investors (DIIS). In the quarter of June, 21 companies earned this trust voice of the ‘Holy Trinity’ – although their recent price performance has been subjected. When all three increase their interests in a […]