Meanwhile, every government since 1991, Shankar Sharma said, has performed exceedingly well in different ways and with different strategies
However, in case, the BSE Sensex is unable to break past the 76,275 level, we may enter a consolidation range, wherein the support at 72,240 becomes a crucial level.
Valuations in most parts of the Indian stock market, analysts said, are expensive with the extent of overvaluation increasing in inverse order of market-cap, quality, and risk
Exicom Tele-Systems rallied 10% to Rs 346.60, its highest level since its listing on March 5, 2024, on the BSE in Friday's intra-day trade.
Within this basket of Modi stocks, the preferred BUYs for CLSA India analysts are ONGC, NTPC, NHPC, SBI, Power Finance, IGL and Mahanagar Gas in the PSU space
Jyoti Resins, Tanfac Industries, Olectra Greentech now trade above Rs 1,300 per share as against a single-digit stock price way back in May 2014, study shows.
IRIS Business Services hit the 5 per cent upper circuit and a new high at Rs 258.40 in trades today, ahead of the board meeting on Thursday to consider fund raising proposal.
Indian equities have risen to records, while the currency and bond markets are near their highest levels in over two months days ahead of the election results on June 4
Japan's Nikkei, on the other hand, slipped 0.3 per cent, reversing some of the 0.7 per cent advance a day ago
After hitting a high of 23,026, Nifty 50 index settled at 22,957, down 11 points, or 0.05 per cent, over its previous day's close
The market capitalisation of listed companies on the NSE surpassed USD 5 trillion (Rs 416.57 trillion) on Thursday on a day when the Nifty 50 index touched an all-time high of 22,993.60. The Nifty 500 index also touched an all-time high of 21,505.25 on Thursday indicating that growth in the equity market is not restricted to only the large capitalised stocks, a statement by NSE said. The journey of market capitalisation of listed companies from USD 2 trillion (July 2017) to USD 3 trillion (May 2021) took about 46 months, USD 3 trillion to USD 4 trillion (December 2023) took about 30 months and the latest USD 1 trillion addition took only about 6 months, the exchange said. The top five companies by market capitalisation on the exchange are Reliance Industries, Tata Consultancy Services, HDFC Bank, ICICI Bank and Bharti Airtel. Growth in market capitalisation is not restricted to the top companies but is observed across stocks, it added. The resource mobilisation by corporates, ...
Here's why the stock market rallied on Thursday, May 23: PSU bank stocks cheered RBI's dividend move; Optimism over election outcome coupled with ease in bond yields lifted NSE Nifty to a new high.
Shares of shipbuilding firms in India soared to record high levels in trades on Thursday after Garden Reach Shipbuilders reported strong Q4 earnings.
India m-cap at $5 trillion: Find out reasons behind the rally in Indian stock markets, and investment strategy going ahead
The government, too, is hopeful that the bull-run in the Indian stock market will continue. PM Modi recently said in an interview that Indian stock markets will break all previous records on June 4
In the past six trading days, the index has outperformed by surging 5.4 per cent, as compared to 2.4 per cent rise in the Nifty 50.
CG Power stock up date: CG Power hit a new high of Rs 669.05, as they rallied 6% on the BSE in Friday's intra-day trade and saw its market capitalisation touch Rs 1.02 trillion mark.
Stock Market LIVE updates on Thursday, May 16, 2024: In the broader markets, the S&P BSE MidCap, and the SmallCap indices gained 0.44 per cent and 0.68 per cent, respectively
FM Nirmala Sitharaman was addressing a session titled 'Viksit Bharat 2047 - Vision for Indian Financial Markets,' organised by the BSE stock exchange at the BSE International Convention in Mumbai
Before gaining in the past three sessions, the benchmark Nifty had dropped 3% from its peak following five straight days of losses