Stock Market Highlights: Indian equity benchmark indices ended the week's last trading session at record high closing levels
The NSE Nifty had hit 58 record highs in calendar year 2021. Additionally, the index has rallied on an average 27% from its calendar year lows in the last 5 years; and is up 21% thus far this year.
The Sensex hit a new high at 83,774 in intra-day deals on Thursday; and has rallied 6% this quarter. Can the BSE benchmark rally another 7.4% to hit the 90K mark by year-end? Check key levels here.
Sharekhan believes that ITC is entering a phase of consistent earnings growth trajectory
Market today: US Fed policy decision, India's WPI, and P N Gadgil Jewellers IPO listing will be triggers for investors to watch out for
During a settlement holiday, the equity intraday profit credits and F&O credits aren't included in the trading balance or are not available for withdrawal
Out of 2,300-odd stocks traded on the NSE, a total of 200 stocks have more than doubled investors wealth thus far in 2024; i.e. nearly 1 out of 10 stocks traded on the NSE has zoomed over 100 per cent
The installed capacity of the plant is expected to progressively reach 1,500 tyres per day in the next 12 months
Sri Adhikari Brothers Television Network stock was relisted in April 2024 post share capital reduction; the stock has since zoomed 1,539 per cent or 16.4-fold till date.
Gopal Snacks and Bikaji Foods share price rallied after GST Council slashed GST rates from 18 per cent to 12 per cent
Shares of Indian Hotels Company hit a new high of Rs 693.35, gaining 4 per cent on the BSE in Tuesday's intra-day trade amid heavy volumes on expectations of strong revenue growth.
The Zaggle Prepaid Ocean Services share price rose after the company announced that it has inked a pact with HDFC Ergo General Insurance Company.
The industry tailwinds are expected to benefit the organised jewellery retailers like Senco over the medium term, supported by its expanding retail presence.
The management is confident about the coming quarters and expects a better performance in H2FY25E.
Linde India share price rose after the company announced that it has entered into the Plant Sale agreement with Tata Steel Limited for acquiring their Kalinganagar industrial gas supply assets.
The run up in the markets in the past few months has made valuations expensive, analysts said, who now expect the rally to take a breather for the next few months as corporate earnings catch up.
The stock hit a 52-week high of Rs 848, surged 14% on the BSE in Tuesday's intra-day trade and has rallied 40% in three weeks.
Derivatives market update for Sept 03: The Nifty September futures premium tumbled from Rs 141 on Friday to Rs 61 on Monday. DIIs added fresh longs in Nifty futures, while FIIs sold.
Earlier in February, Whirlpool Mauritius Limited, the promoters, had sold 30.4 million equity shares or 24 per cent stake of Whirlpool India via open-market trade for $468 million to reduce debt.
The Nifty Energy Index, a local benchmark for the industry, has risen 31 per cent this year, on course for a nine-year winning streak