Healthy net cash position acts as an insurance against the demand downcycle
FPI's love for India shows in the premium valuation on Dalal Street
Benchmark Sensex lost 188 points on Tuesday while Nifty50 closed 0.52 per cent down
Benchmark Sensex lost 188 points on Tuesday while Nifty50 closed 0.52 per cent down
Debt-laden companies get heavily punished amid uncertainties over economic growth
Of the 19 sectoral indices of the BSE, 16 ended with losses, with metal and realty indices declining the most
At the BSE, 1,652 stocks declined, while 861 advanced and 148 remained unchanged
Investor wealth soared over Rs 3 lakh crore Monday driven by a rally in the broader market where the BSE benchmark index zoomed 718 points. Sharp gain in stocks, send the market capitalisation of the BSE-listed companies higher by Rs 3,11,665.6 crore to Rs 1,36,43,642.98 crore. Snapping its two-day losing streak, the 30-share BSE index ended 718.09 points, or 2.15 per cent, higher at 34,067.40. "The equity markets remained buoyant throughout the trading session with impressive buying across sectors including PSU banks, power and tech. The market assumed an upward push with many of the factors of the past two weeks probably brushed aside for the time being," said Joseph Thomas, Head Research, Emkay Wealth Management. From the 30-share pack, 23 stocks ended higher led by ICICI Bank, SBI, Adani Ports, Axis Bank and Larsen & Toubro. On BSE, 1,815 stocks advanced, while 775 declined and 163 remained unchanged. In the broader market, the S&P BSE midcap index rose by 2.80 per cent ...