More than 120 small-cap stocks posted double-digit gains last week, marking one of the sharpest short-term rallies in the segment in recent months. The rally was broad-based, spanning textiles, auto parts, infrastructure, chemicals, consumer and capital goods.Stocks such as VTM, Gokaldas Exports, Garware Hi-Tech Films, Faze Three and United Foodbrands rose between 35% and 45% […]
The Indian market ended higher on Friday, with the Sensex and Nifty rising decisively, after a strong earnings surprise from Infosys reignited risk appetite and pulled heavyweight IT stocks sharply higher, among other factors. The rally pushed the Sensex and Nifty to new intraday highs, overturning recent caution and setting a bullish tone for the […]
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The Indian market ended weaker on Wednesday, with the Sensex and Nifty heading lower and extending their decline to a fourth session, while investors remained cautious around record levels. The mood on Dalal Street remained subdued ahead of the Reserve Bank of India’s interest rate decision and policy announcements due on Friday, and as continued […]
State Bank of India, the country’s largest lender, is on track for one of the strongest years in recent history. The stock is up 25% so far in 2025, easily outpacing all private sector peers within the Nifty. The performance marks a clear shift in momentum for the bank: after a moderate 5% increase in […]
Equities look set to soar to record highs as early indicators point to robust demand in the third quarter and improving macro conditions, Amnish Aggarwal, head of research at Prabhudas Lilladher, said in an exclusive conversation with ET Now.Aggarwal believes that the market’s prolonged consolidation phase is coming to an end and that the overall […]
Berkshire Hathaway unveiled a $4.3 billion stake in Google parent Alphabet and further cut its stake in Apple, laying out its stock portfolio for the last time before Warren Buffett ends his 60-year tenure as CEO. In a filing Friday with the U.S. Securities and Exchange Commission, Berkshire said it owned 17.85 million Alphabet shares […]
Citigroup downgraded Trent to Sell, drastically reducing its target price from Rs 7,150 to Rs 4,350. Analysts expect Trent’s growth to moderate further as the overall consumption trend remains weak and is accompanied by increasing competition, the impact of cannibalization and the expansion of new stores. They cut the company’s revenue estimates and earnings before […]
Eyewear retailer Lenskart’s lukewarm listing has sparked debate among investors and analysts. Despite being oversubscribed by more than 20 times, the stock opened weaker, surprising many on Dalal Street. According to Dharmesh Kant, Head of Equity Research at Cholamandalam Securities, the problem lies not in business fundamentals but in excessive IPO prices.“The surprise is that […]