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 […]
Markets scale new highs amid improved sentiment
MUMBAI : Indian stock markets continued the rally on Thursday with both benchmark indices hitting record highs. The BSE Sensex rose 568.90 points or 0.94% to 61,305.95, while the Nifty was up 176.80 points or 0.97% to 18,338.55. Other markets in the Asia-Pacific also ended the day higher with Japan’s Nikkei and South Korea’s Kospi […]
4 pharma names among top 10 stocks that retail investors are selling now
MUMBAI: Over the past 18 months, retail investors have become the pre-eminent force in the Indian stock market. Accounting for close to 45 per cent of the daily turnover on the National Stock Exchange, the cohort has become as powerful as institutional investors in the market. Over the past 14 months, stock brokers have added […]
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