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Nifty forms a bearish candle on daily chart. What does it signal for tomorrow’s trade? – The Economic Times
Domestic stocks opened higher on Wednesday but soon slipped into the red as traders lacked conviction following a steep fag-end selling seen in second-rung stocks in the previous session. Technical charts were suggesting overbought levels; cues from other Asian peers were also muted, despite a firm closing for US stocks overnight. At 9.30 am, BSE […]
Stock Market Highlights: Sensex ends 50 points lower, Nifty slips below 18,450 as market halts 7-day winning run; HUL falls 4%
Metal sector would outperform in the coming months, says Indiacharts.com’s Srivastava A very good move in the leaders like National Aluminium Company, Hindalco Industries, Vedanta, is because the aluminium prices were hitting 52 week highs all of last month, said Rohit Srivastava, Founder and Strategist of Indiacharts.com. The good news, though in the last few days is that […]
Safely on road to recovery, India retains emerging markets rank
The ferocious second covid-19 wave had pushed India down to the third rank in May and June, but it has seen a rapid revival in economic activity since then with infections largely under control. This has pushed the country ahead of Southeast Asian peers struggling with Delta variant outbreaks. Indonesia and Malaysia have started re-opening […]
Markets at new highs, investors turn focus on Q2 earnings
Indian markets kick-started the week on a strong note as benchmark indices hit another fresh record high on Monday. Investor sentiment around Indian equities remained high even as world’s second largest economy reported below anticipated gross domestic product (GDP) for September quarter while elevated oil prices still stoke inflation fears. The BSE Sensex was up […]
Expectations of new investors in the stock market are unreal: Anirudha Taparia Joint CEO, IIFL Wealth
Even as the stock market is scaling new highs, earnings of companies are also growing every quarter. That is a good sign for investors, Anirudha Taparia Joint CEO, IIFL Wealth tells ET Wealth. What is your reading of the market situation with indices scaling newer heights? The stock market is not cheap by any standards. […]
India Embraces Stock Investing as Local Market Surges
NEW DELHI—Indian stocks have risen more than any other major market in the world this year and that is enticing millions of local investors to put their savings into equities, further buoying the market. Indian markets were closed Friday for a public holiday. As of Thursday, India’s benchmark 30-share S&P BSE Sensex was up 28% […]
Stick with the best, leave the rest!
The Indian equity market has created history by hitting milestone after milestone! It started with Nifty crossing the 16,000 mark on August 3, sprinting to 17 000 on August 31 and surpassing 18,000 on October 11 – with the journey of adding the last 1,000 points being the second fastest since inception. When we look […]
Nifty PSU Bank, S&P BSE Momentum top performing indices this week – check other gainers
The Indian stock markets ended on Thursday on a strong note as the Nifty50 and the S&P BSE Sensex closed at record highs on the last trading day of the week. The markets witnessed a short week as the NSE Nifty and the BSE Sensex remained closed on Friday on account of Dussehra. Both domestic […]
Go slow on gold ornaments, gift your daughter a portfolio of bluechips
When our daughter got married in 2008, we gave her only a modest quantity of gold ornaments. That was so modest by Kerala’s societal standards that it raised many eyebrows and comments such as ‘they should have given much more’. But, the critics focused on the glittering yellow metal were unaware of the fact that […]