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Nishant Kumar

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Metal stocks top gainers in first half of 2021; can outperformance continue?

BUSINESS

Metal stocks top gainers in first half of 2021; can outperformance continue?

Nifty Metal has outperformed other sectoral indices on NSE, rising 61 percent in the first six months of 2021. The benchmark Nifty50 is up 13 percent while the second-best performer among sectoral indices, the Nifty PSU Bank index, is up 43 percent.

This Rakesh Jhunjhunwala owned stock is a long-term growth story, says Equirus Securities

BUSINESS

This Rakesh Jhunjhunwala owned stock is a long-term growth story, says Equirus Securities

Brokerage firm Equirus Securities Private Limited has initiated coverage on the stock with a' buy' call, fixing the target price at Rs 1,820.

Trade setup for Tuesday: Top 15 things to know before Opening Bell

BUSINESS

Trade setup for Tuesday: Top 15 things to know before Opening Bell

Key support levels for the Nifty are placed at 15,766.03, followed by 15,717.37. If the index moves up, the key resistance levels to watch out for are 15,889.53 and 15,964.37.

These 24 stocks from BSE 500 have turned multibaggers in 2021 so far. Time to book profit?

BUSINESS

These 24 stocks from BSE 500 have turned multibaggers in 2021 so far. Time to book profit?

The market rally was orchestrated by strong retail participation, better-than-expected earnings and positive outlooks shared by the management of companies.

Accenture's Q3 performance brightens outlook for Indian IT sector; Infosys, HCL Tech, TCS among top picks

BUSINESS

Accenture's Q3 performance brightens outlook for Indian IT sector; Infosys, HCL Tech, TCS among top picks

Accenture's quarterly numbers and guidance have further brightened the outlook for the IT firms as most brokerages have reaffirmed their positive view on the sector.

Gold Price Today: Yellow metal trades flat, experts see support at Rs 46,800-46,600

BUSINESS

Gold Price Today: Yellow metal trades flat, experts see support at Rs 46,800-46,600

In the previous session, gold and silver prices failed to sustain at higher levels due to risk aversion in global markets.

Taking Stock | IT stocks push Sensex, Nifty higher; mid and smallcaps disappoint

BUSINESS

Taking Stock | IT stocks push Sensex, Nifty higher; mid and smallcaps disappoint

The rally was not broad-based as the BSE midcap and smallcap indices closed with losses of 0.51 percent and 0.22 percent, respectively.

IndusInd Bank shares up in sync with Nifty50 YTD: Now brokerages see up to 38% upside

BUSINESS

IndusInd Bank shares up in sync with Nifty50 YTD: Now brokerages see up to 38% upside

Year-to-date (YTD), shares of IndusInd Bank are up 12 percent while the benchmark Nifty, too, is up 12 percent. Nifty Bank is up 11 percent YTD

FIIs back to Indian market after two months: Energy and diversified financials see strong inflow in June

BUSINESS

FIIs back to Indian market after two months: Energy and diversified financials see strong inflow in June

Abundant liquidity and low rate regime have boosted inflows in the emerging markets, including India. However, as the US Fed has indicated that it may go for at least two rate hikes by the end of 2023, the Indian debt market may see some outflows.

Banking stocks lag behind in current market rally. What is the road ahead for the sector?

BUSINESS

Banking stocks lag behind in current market rally. What is the road ahead for the sector?

YTD, Nifty Bank is up 11 percent as of June 22 closing while the Nifty50 has logged a gain of 13 percent in the same period.

RIL AGM 2021: Here is how the stock performed on the company's AGM day in last 10 years

BUSINESS

RIL AGM 2021: Here is how the stock performed on the company's AGM day in last 10 years

44th Reliance AGM: The stock has seen a gain of 27 percent on BSE in one year (since June 22, 2020) against a 51 percent rise in benchmark Sensex. In the calendar year 2021 so far, RIL's stock is up 12 percent against a 10 percent rise in Sensex.

Axis Bank stock has jumped 72% in a year, brokerages believe it can rise 35% more

BUSINESS

Axis Bank stock has jumped 72% in a year, brokerages believe it can rise 35% more

Brokerages believe the stock will rise further as the fundamentals are intact and the impact of the second wave of COVID-19 would be lower than the first wave due to the absence of a moratorium.

Taking Stock | Bargain-hunting lifts market; investors richer by Rs 1.6 lakh crore

BUSINESS

Taking Stock | Bargain-hunting lifts market; investors richer by Rs 1.6 lakh crore

Mid and small-caps outperformed their larger peers, as the BSE midcap index closed 0.82 percent higher, while the smallcap index finished with a gain of 0.83 percent.

Morgan Stanley says Indian market's bull run is only getting started, here's why

BUSINESS

Morgan Stanley says Indian market's bull run is only getting started, here's why

Morgan Stanley sees further upside in the immediate 12 months but says the pace of gain may be slow.

After The Bell: Market continues to consolidate, what should investors do on Monday?

BUSINESS

After The Bell: Market continues to consolidate, what should investors do on Monday?

The market is likely to continue in the consolidation phase for a short while, which can be an opportunity for investors to buy on dips.

Does Fed's rate-hike signal mean end to liquidity-driven rally? Here's how to plan your next move

BUSINESS

Does Fed's rate-hike signal mean end to liquidity-driven rally? Here's how to plan your next move

Fed's recent announcements may not trigger a knee-jerk reaction as there are comforting points such as falling COVID cases and easing of restrictions but a mild correction is a strong possibility, say experts.

TCS stock price flirts with 52-week high, analysts hope for more upside

BUSINESS

TCS stock price flirts with 52-week high, analysts hope for more upside

TCS has outperformed the benchmark Sensex. As of June 17 closing, the IT bellwether had gained 16 percent on BSE in 2021 and rallied 62 percent since June 17, 2020. The Sensex has risen 10 percent this year and 56 percent over the last year.

PSU stocks have jumped up to 465% in a year. Are valuations scoring above growth?

BUSINESS

PSU stocks have jumped up to 465% in a year. Are valuations scoring above growth?

Out of the total 60 stocks in the BSE PSU index, as many as 16 have more than doubled in last one year, rising between 106 percent and 465 percent.

Is market sleeping on inflation?

BUSINESS

Is market sleeping on inflation?

While inflation remains a major concern for the market, equity benchmarks Sensex and Nifty hit their fresh record highs in intraday trade on June 15.

Adani group stocks erode nearly Rs 54k crore in m-cap in a single day. Analysts say avoid them

BUSINESS

Adani group stocks erode nearly Rs 54k crore in m-cap in a single day. Analysts say avoid them

Stocks like Adani Total Gas vaulted 334 percent in the calendar year till June 11. Shares of Adani Transmission, Adani Enterprises and Adani Power have jumped between 200 percent and 265 percent in the same period

After The Bell: Market ends in the green, what should investors do on Monday?

BUSINESS

After The Bell: Market ends in the green, what should investors do on Monday?

On June 14, the market will react to IIP numbers in early trade. Vaccine drive and monsoon updates will also be closely watched, say experts.

Sensex, Nifty scale fresh peaks; 5 key factors powering the market

BUSINESS

Sensex, Nifty scale fresh peaks; 5 key factors powering the market

With a drop in daily COVID infections, vaccination drive picking pace and the government's claim to get the entire population vaccinated by the year-end, market participations are foreseeing a strong bull market.

Trade setup for Friday: Top 15 things to know before Opening Bell

BUSINESS

Trade setup for Friday: Top 15 things to know before Opening Bell

Key support levels for the Nifty are placed at 15,673.8, followed by 15,609.8. If the index moves up, the key resistance levels to watch out for are 15,776.5 and 15,815.2.

TINA, FOMO factors causing influx of retail investors. How is it impacting the market?

BUSINESS

TINA, FOMO factors causing influx of retail investors. How is it impacting the market?

The younger population is flocking the market as 38 percent of the total registered investors with BSE fall in the 30-40 age bracket, followed by 24 percent in 20-30 and 13 percent in the 40-50 age bracket.

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