Page 14 - Stock Market Rally

Our small, midcap portfolios haven't participated in the rally: Marcellus

Given the macroeconomic strengths, the market is pricing in a reasonable earnings growth and hence justifying current valuations, Pramod Gubbi of Marcellus Investment Managers said in this interview

Bajaj Finance rises 2% in weak market; BNP Paribas sees up to 35% upside

Brokerage firm BNP Paribas India initiated coverage on the stock with outperform rating and a target price of Rs 9,040.

Stock of this industrial explosives firm hits new high, up 136% in 8 months

Shares of Solar Industries hit an all-time high of Rs 8,686, on rallying 6 per cent in Friday's trading session.

Bharti Airtel hits all-time high in weak market; zooms 63% thus far in FY24

In the past one month, Bharti Airtel has outperformed the market by surging 9 per cent, as against less than 1 per cent rise in the BSE benchmark index.

Indian Hume Pipe surges 18% on winning work order worth Rs 228 cr

The company in association with AMR India and Shoda Constructions has secured Rs 1,138 crore work order related to water supply projects & sewerage projects under AMRUT 2.0 by Government of Telangana.

SBI hits new high, up 31% in 6 weeks; market-cap hits Rs 7 trillion-mark

Brokerages remain upbeat on the stock following strong show in Q3 earnings

Jefferies' 7 predictions for the next 7 years for the Japanese markets

Nikkei 225 index hit the 40,000 mark for the first time ever on Monday, continuing its bull-run that saw the index reclaim its 1989 peak of 34,000 levels in February

Stock of this Dec 2023 listed IPO has more than doubled since debut

Azad Engineering hit a new high of Rs 1,400 in an otherwise range-bound market owing to healthy outlook on Monday.

Pre-election rally: Can Nifty hit 24,000 in March? Here's what history says

The BSE Sensex has gained on an average 7.7 per cent in the month of March in the last three general election years. Will history be repeated?

Nifty tops 22,300: Are markets skating on thin ice? What analysts say

Even as the Nifty seems on course to register decade high fiscal gains, the rally seems to have lost momentum in the recent months, with net gains well below the overall average in FY24 so far.

Sensex, Nifty hit record highs: 4 factors behind the rally on March 01

The S&P BSE Sensex hit a record high of 73,819, while the Nifty50 touched 22,353 intraday

M&M hits new high on strong Feb auto sales; soars 20% in 1 month

The company reported a healthy 24 per cent YoY growth in total auto sales at 72,923 vehicles for the month of February 2024.

This beverages stock has zoomed 107% in 8 months; hits Rs 2 trn market cap

In past one month, Varun Beverages has outperformed the market by surging 24 per cent, as compared to 1.3 per cent rise in the S&P BSE Sensex.

Ambuja Cements hits new high; here's why stock has rallied 46% in 3 months

Shares of Ambuja Cements hit an all-time high of Rs 608.50, up 3% on Friday, thus surpassing its previous high of Rs 598 registered on December 9, 2022.

Vodafone Idea soars 9% on fund raising plan; Indus Towers up 5%

The company's board is scheduled to meet on February 27 to consider fundraising via equity or debt instruments.

Jio Financial market cap crosses Rs 2 trillion; surges 20% in one week

Shares of Jio Financial hit a record high of Rs 325 in intra-day deals on Friday backed by near two-fold jump in trading volumes on the BSE.

Foreign investors pursue every avenue to access hot India bond trade

Indian sovereign bonds have gained prominence after JPMorgan Chase & Co.'s move to add them to its global debt indexes from June

Nvidia surges after company proclaims AI has hit 'tipping point': Report

The shares jumped about 13% in premarket trading on Thursday following the announcement. They earlier closed at $674.72 in New York, leaving them up 36% for the year

Investors turning wary of crowded India trade after stellar rally

Citigroup Inc. and Societe Generale SA have downgraded India, while foreigners have sold a net $3.8 billion of local shares so far this year, the highest in emerging Asia outside of China

FPIs on bullish stance; infuse over Rs 15,000 cr in debt market in Feb

Foreign Portfolio Investors (FPIs) continued their bullish stance on the country's debt markets with a net infusion of over Rs 15,000 crore so far this month, on the back of inclusion of Indian government bonds in the JP Morgan Index along with relatively stable economy. This followed a net investment of Rs 19,836 crore in January, making it the highest monthly inflow in more than six years. This was the highest inflow since June 2017, when they infused Rs 25,685 crore. On the other hand, foreign investors pulled out more than Rs 3,000 crore from equities during the period under review. Before this, they withdrew a massive Rs 25,743 crore in January, data with the depositories showed. "The main trigger for this divergent trend in equity and debt is the high valuation in the Indian equity market and the rising bond yields in the US," V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said. Himanshu Srivastava, Associate Director - Manager Research, Morningstar