Indices snap 8-day rally; Sensex slips 236 pts post FM's stimulus measures

All that happened in the markets today

1:29 PM

Nifty Bank index tanks over 650 pts

1:26 PM

MARKET CHECK | Sensex slips over 400 pts

1:17 PM

Sensex slips further

1:05 PM

NEWS ALERT :: Markets are at record high with record m-cap; FDI inflows are up 13% YoY, says FM Sitharaman

Alert: FDI inflow from April to August

1:05 PM

NEWS ALERT :: There is a strong recovery in the economy; Covid cases, fatality rate easing, says FM Sitharaman

>> This is not just pent up demand but a strong recovery

1:03 PM

NEWS ALERT :: Improved manufacturing PMI -- at decade high -- shows it's not just pent-up demand in the economy, says FM

1:01 PM

NEWS ALERT :: I am here to announce next set of announcements as part of economic package, says FM Sitharaman

1:00 PM

NEWS ALERT :: FM Sitharaman addresses media

12:55 PM

Nifty Bank trades around 1.7% lower ahead of FM press briefing

12:48 PM

NEWS ALERT :: UK economy rebounds 15.5% in third quarter, reports AFP

12:47 PM

Ahead of FM media address

12:45 PM

Aviation stks in focus; InterGlobe Aviation hits 52-wk high; SpiceJet up 6%

Shares of aviation companies were in focus on Thursday with InterGlobe Aviation hitting a fresh 52-week high, while SpiceJet gaining 6 per cent in the intra-day trade on the BSE after the government increased domestic flights' limit to 70 per cent of pre-Covid levels from 60 per cent. READ MORE

12:36 PM

NEWS ALERT | FM Nirmala Sitharaman to brief the media shortly

12:25 PM

Time to buy gold this Dhanteras? Analysts see price hitting Rs 67,000/10gm

“Over the last decade gold in India has given a return of 159%. When compared to the equities Dow Jones has given around 154% and the domestic equity index Nifty 50 has given 93% returns in the same period, which makes gold a star performer and particularly justifying the objective of protecting against inflation and depreciating rupee for Indian investors,” said Navneet Damani, head of commodities & currencies research at Motilal Oswal Securities. READ MORE

12:17 PM

Fortify your equity portfolio by diversifying into value-oriented funds

With the markets scaling new highs over the past few days, valuations have also moved up. The Nifty trailing 12-month price to earnings (P/E) ratio is now at 34.18, about 34 per cent higher than its five-year average of 25.45.

 

If you are worried that a correction in the near future could dent the value of your portfolio, book some profits and bring your equity allocation back in line with your long-term asset allocation. READ MORE