World stocks hit record highs on Thursday, while oil fell after top producers extended output cuts for shorter than some in markets had expected.
Videocon Industries has been under pressure after Dena Bank classified Videocon as a non-performing asset, when it reported its results for the quarter ended March 9.
Nifty has support at 9375-9312 and resistance at 9500 while Bank Nifty has support at 22450-22400 and resistance at 22800, says Prakash Gaba of prakashgaba.com.
Fund managers chose to exit blue chip names such as Coal India, Cipla, HCL Tech, among others, IDBI Capital said in a report.
The market is likely to trade in a range as long as Nifty50 trades below 9,450-9,500 levels.
Markets have rallied unidirectional through 2017 and investors have developed fear of Acrophobia. But, is the rally finally coming to an end? Are these fears justified? Answers Kunal Saraogi of Equityrush.com
Ajanta Pharma, Bajaj Corp, Hero Motocorp and TCS were the exceptional performers.
If investors are looking for an investment horizon of over three years then this is a market to be in.
ETFs, or exchange-traded funds, trade on the bourses just like stocks and can be bought or sold during the day.
In the past ten days while the earnings reports of Reliance Industries, Axis Bank, Kotak Bank and Maruti hogged the limelight, there were quite a few interesting results from some very well- known and some lesser known names as well that caught our attention.
Avendus Absolute Return Fund, the first Equity Long/ Short alternate investment fund managed by a team led by Andrew Holland and Vaibhav Sanghavi, achieved the target by raising funds from HNIs, multi-family offices and corporate treasuries, the company said in a statement.
So far this year, five companies have launched their IPOs. Out of this, four have yielded positive returns against the price at which they had issued shares to investors, an analysis of the performance of the newly-listed firms showed.
Analysts are betting on turnaround stories in March quarter as well and they have a logical reasoning for that. Many stocks have rallied in anticipation of earnings recovery and if India Inc. manages to perform in line with market expectations – many companies will get rewarded.
The stocks slipped sharply on Thursday after it said that CC revenue growth guidance of 6.5-8.5 percent for FY18E which missed Street expectations of 7-9 percent.
CNBC-TV18s Varinder Bansal lists some of the key stocks which were buzzing in trade today.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy, and Anuj Singhal, Basant Maheshwari, Author & Independent Market Expert shared his readings and outlook on specific stocks and sectors.