“I wish they’d never been invented,” he said. Investors have poured almost $900 billion into equity funds in 2021 — exceeding the combined total from the past 19 years — according to data from Bank of America Corp. Spiking inflation is forcing central banks to tighten monetary policy, threatening to reduce the liquidity tailwind that […]
Shares of Apollo Pipes turned ex-date for 2:1 bonus shares on Thursday. In the past three months, the stock of plastic products maker had surged 25 per cent, as compared to a 0.41 per cent rise in the Sensex. The company operates large manufacturing facilities at Dadri and Sikandarabad in UP, Ahmedabad – Gujarat, Tumkur […]
The BSE benchmark index, the Sensex, had started trade on a positive note and soon rallied to a high of 57,757 . The overall market breadth was also positive, with 1,778 advancing shares versus 1,475 declining stocks on the BSE. Asian Paints, Kotak Bank, Tech Mahindra, Maruti, Bharti Airtel, ITC, Sun Pharma, Dr.Reddy’s and Mahindra […]
The BSE benchmark index, opened almost 100 points higher, and went on to touch a high of …. The overall breadth too was extremely positive, with nearly two advancing shares for every declining stock on the BSE. PowerGrid Corporation, Tata Steel, Sun Pharma, Tech Mahindra, HCL Technologies, Bajaj Auto, Bajaj Finserv, Bajaj Finance, Infosys and […]
Therefore, the ongoing correction should be capitalised on as an incremental buying opportunity to ride the structural uptrend But, will putting your money behind the classic defensive bets prove to be beneficial this time? Let’s find out. So far in financial year 2021-22, with the S&P BSE FMCG index has risen 6.3 per cent as […]
What is a primary market? Primary market refers to a market place where shares or securities are first offered by the issuer or company to the general public. Also, shares of companies that are issued through the primary market are then available for buying and selling in the secondary market, once the listing process is […]
The key benchmark indices, reversed course in intra-day deals as global cues turned bearish after US pharma major Moderna warned that Covid-19 shots seemed less effective against Omicorn. Taking cues from the same, the BSE Sensex which had rallied to a high of 58,184 , tumbled to a low of 56,868 – down 1,316 points […]
At a time of uncertainty about omicron’s impact on the pandemic’s course and world economies, the comments fueled a new round of concern. The companies that bet on messenger RNA vaccines — BioNTech SE and its partner Pfizer Inc. But the new variant could offer Moderna a chance to catch up to the Pfizer-BioNTech effort, […]
The markets were already on a weak footing following persistent FII selling, high crude oil prices and fears of a possible change in interest rate scenario. “If Nifty stays above 17,350 in the near term and 17,100 in the coming sessions, the Index shouldn’t see a serious drawdown. While crude oil prices are going to […]
That said, 25 other index constituents were in the red, led by SBI , Bajaj Auto, NTPC, HDFC, and Tech M. Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. …Read […]
“New COVID variant, FIIs’ behaviour along with macro numbers will be key factors to drive the market this week. November monthly auto sales number can be a trigger to drive some movement this week.” Among macroeconomic data, PMI numbers for manufacturing and services sectors would also be tracked. Business Standard has always strived hard to […]
The Nifty50, too, erased 510 points, or 2.9 per cent, to close at 17,026. Existing inflation fears coupled with worries of an aggressive policy tightening by the US Fed Reserve also added to Friday’s catastrophic session. Meanwhile, the Nifty Bank index fell 3.6 per cent and the Nifty Realty index slipped 6 per cent. This […]
The new Covid variant found in South Africa derailed most global markets, including India, which saw the S&P BSE Sensex tank over 1,400 points in intraday deals. Although we remain structurally positive on the Indian markets and economy, we don’t rule out near-term hiccups,” wrote Amnish Aggarwal of Prabhudas Lilladher in a recent note. “Our […]
BlackRock Inc. Paytm’s early tumble ranked among the worst debuts by a major technology company since the dot-com bubble era of the late 1990s. and Masayoshi Son’s SoftBank Group Corp., some analysts have questioned the company’s valuation and path to profitability. The $2.5 billion offering by Paytm, formally known as One 97 Communications Ltd., was […]
The BSE benchmark index, the Sensex, after testing a low of 58,144 rallied to a high of 58,902 in late noon deals. Meanwhile, participants should continue with a stock-specific approach and maintain positions on both sides,” said Ajit Mishra, vice-president of research at Religare Broking. ITC advanced 1.7 per cent to Rs 231.70 after the […]
Platforms facilitating trading in unlisted shares fear that investors’ interest in pre-IPO and unlisted stocks may diminish as the unprecedented sell-off in Paytm shares has shattered confidence. Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for […]
The BSE benchmark index, the Sensex, had opened 175 points higher at 58,839, steady gains in financial and power stocks helped the index touch a high of 58,968. The NSE Nifty had touched a high of 17,601 in intra-day deals, and then tanked to a low of 17,354. Shares of the recently listed companies, including […]
According to tech charts, five large-cap stocks – Cipla, Maruti Suzuki, UPL, Power Grid and Tech Mahindra are trading in the oversold zone. Those of Tech M and UPL, on the other hand, can see a 9 per cent and 10 per cent rally, respectively. Business Standard has always strived hard to provide up-to-date information […]
LIVE market updates: The frontline indices have stagnated around higher levels of the day, exhibiting a range-bound movement. LIVE market update: Tepid global cues and valuation headwinds continued to force investors to book profits for fifth straight day on Tuesday. Sectorally, only the Nifty Metal index was trading higher, up 0.36 per cent. The grey […]
India, Indonesia and Brazil, however, have been an exception where the net FII flow has been still in the positive zone during this period, shows data. Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the […]