Stock Market Highlights on May 30: In the broader markets, the BSE MidCap, and SmallCap indices fell over 1 per cent each
Margins, too, analysts at Nomura added, have multiple tailwinds from higher spare/ service revenue, direct-to-consumer sales, and operating leverage, which will drive expansion
Since April 2024, Metro Brands has been trading within a consolidation range of approximately Rs 1,020 to Rs 1,120
Between January and May 28, DIIs have purchased shares worth Rs 1.97 trillion. In May alone, DIIs bought shares worth Rs 44,952.16 crore
Pidilite stock price has broken out from the downward sloping trend line on the weekly chart. Stock has surpassed the previous swing high resistance
Stock Market Highlights on May 28, 2024: The losses were steeper in the broader markets where the BSE MidCap fell 0.63 per cent, and the BSE SmallCap slipped 1.09 per cent
IRCTC's revenue from operations increased 21.8 per cent to Rs 1,118.3 crore in Q3FY24, compared to Rs 918.06 crore in Q3FY23
Olectra Greentech stock is now comfortably maintaining its position above this trendline, indicating a strong upward movement.
Stock Market Highlights on May 27, 2024: Among sectors, the Nifty PSU Bank index gained over 1 per cent, and the Nifty Bank 0.6 per cent
The bank's net interest income (NII), which is the difference between interest earned and interest expended, fell 3 per cent to Rs 834 crore in Q4FY24, from Rs 860 crore in Q4FY23
Bosch's net profit rose 41.5 per cent on a year-on-year (Y-o-Y) basis to Rs 564 crore, from Rs 399 crore in the same quarter a year ago (Q4FY23)
PSP Projects stock fell as much as 4.27 per cent to hit an intraday low of Rs 656.20 per share
Technical indicators such as the RSI, MACD, and Stochastic are showing signs of potential correction and underperformance for the Nifty Pharma index
Among sectors, UBS prefers domestic-linked sectors such as automobiles, consumer durables, industrials / infrastructure, utilities, and real estate
At 6:55 AM, GIFT Nifty futures was trading 73 points higher at 22,382.50 levels compared to Nifty50 futures, indicating a positive start for the bourses
Warns of unchecked explosion in F&O retail trades
Fino Payment Bank, Max Financial, Sula Vineyards and Embassy REIT among top midcap and small-cap stocks by CLSA.
All you need to know before the market opens on Wednesday, May 08: Gift Nifty, global peers suggest a likely flat start to the trading action; Q4 results, banks and FMCG shares will be in focus.
The Indian markets appear to be expensive, on an absolute basis, with 1-year forward valuation at 20 times. The overall risk/reward ratio, thus, seem unfavourable on a historical basis, Gupta said
Some new-age technology companies might be in trouble as the PE tap has dried up. However, one cannot generalise the same for the entire sector, Lunavat said in this interview