Longest losing streak since October
Foreign portfolio investor (FPI) sold shares worth Rs 945 crore on Friday
In a report, Bernstein has discussed various election scenarios and its implications for the market and the economy
The last time this happened was on March 31, 2017, when Nifty closed at 9,173.75
ifty Microcap 250 and Nifty Smallcap 250 have emerged as best performing Index, with an impressive growth of 10.6% & 10.5% in the month of April respectively.
Continuation of NDA Govt and La Nina led normal monsoons are expected to provide stability in policies and boost demand\ economic growth.
Typically, a high India VIX indicates that the market is expecting increased volatility, whereas a low India VIX suggests anticipation of low volatility
The National Stock Exchange (NSE) on Thursday said it will introduce derivative contracts on Nifty Next 50 index from April 24. The Nifty Next 50 index represents 50 companies from Nifty 100 after excluding the Nifty 50 companies. In a statement, NSE said it "has received approval for derivatives on Nifty Next 50 index from the Securities and Exchange Board of India (Sebi) and will launch these contracts from April 24, 2024". The exchange will offer three serial monthly index futures and index options contract cycles. The cash-settled derivatives contracts will expire on the last Friday of the expiry month. "The introduction of derivatives on the Nifty Next 50 index will complement the existing index derivatives product suite. The Nifty Next 50 index will represent the space between the Nifty 50 index comprising the top large & liquid stocks and the Nifty Midcap Select index comprising the top large & liquid mid-capitalised stocks," Sriram Krishnan, Chief Business Development .
The index rose 0.84 per cent to 16,355 - the highest close since February 7 - even as the benchmark Nifty50 index ended little changed
Stock market highlights on March 20: In the broader markets, the BSE MidCap and SmallCap indices ended mixed. The former added 0.05 per cent, but the latter shed 0.14 per cent
FMCG growth is tied to semi-urban and rural demand. Metro and large city demand is almost saturated. Growth comes from smaller places
The drop in the smallcap index comes even as the benchmark Nifty logged a fresh record high in an earlier session
Total deal size may range between Rs 2,337 crore and Rs 3,739 crore
While it is almost certain that UPL will be dislodged by Shriram Finance in the National Stock Exchange Nifty50 Index, the position of Bharat Petroleum Corporation (BPCL) could also be at risk
Brokerage ICICI Securities' preference is reasonably valued cyclical stocks over expensive defensives with growth concerns.
Already outperformers in FY24, leading listed players may witness further uptick, say analysts
The brokerage said its preferred sectors are large-cap banks, industrial and real estate, power, autos, pharma, OMCs, gas, and capital markets
More than 50 entities, largely comprising foreign funds, were among the buyers, including Societe Generale, Morgan Stanley, Goldman Sachs and UBS
Jitendra Arora, senior executive vice-president and fund manager for equity at ICICI Prudential Life Insurance expects earnings growth for FY24 & FY25 to be around 24% and 14%, respectively.