Moneycontrol PRO
HomeAuthorRakesh patil

Rakesh Patil

Senior Data Analyst

Moneycontrol

Taking Stock: Sensex, Nifty scale new highs on positive global cues; metal, pharma rally

BUSINESS

Taking Stock: Sensex, Nifty scale new highs on positive global cues; metal, pharma rally

The broader market edged past the benchmarks, with BSE midcap and smallcap indices gaining 1.5 percent each

GDP, macro data to drive market. 16,500 an important support for Nifty: Experts

BUSINESS

GDP, macro data to drive market. 16,500 an important support for Nifty: Experts

Going ahead, in case of any dip, Nifty would find support at 15,500 and 15,380 levels. We feel it’s prudent to maintain a positive yet cautious approach and choose stocks from the sectors which are trading in sync with the benchmark, says Ajit Mishra, VP Research. Religare Broking.

Closing Bell: Nifty ends above 16,900, Sensex gains 765 pts led by metal, pharma, banks

BUSINESS

Closing Bell: Nifty ends above 16,900, Sensex gains 765 pts led by metal, pharma, banks

Among sectors, except IT, all other indices ended in the green with metal, pharma, PSU Bank rising 2 percent each. BSE midcap and smallcap indices rose 1.5 percent each.

Sensex, Nifty scale new highs; broader market bounces back

BUSINESS

Sensex, Nifty scale new highs; broader market bounces back

Here are the key highlights from the week gone by.

Sensex, Nifty jump 1% amid volatility; more than 50 smallcaps gain 10-36%

BUSINESS

Sensex, Nifty jump 1% amid volatility; more than 50 smallcaps gain 10-36%

“Mid and small cap stocks were in focus this week as value-buying led to a recovery in the sector leading to its outperformance,” said Vinod Nair, Head of Research at Geojit Financial Services.

Closing Bell: Sensex, Nifty end in the green; mid & smallcaps outperform

BUSINESS

Closing Bell: Sensex, Nifty end in the green; mid & smallcaps outperform

Most sectoral indices ended in the green with BSE Capital Goods, power, metal and basic materials clocking gains of over a percent each.

Taking Stock: Market ends flat on F&O expiry day; mid, smallcap outperform, metals drag

BUSINESS

Taking Stock: Market ends flat on F&O expiry day; mid, smallcap outperform, metals drag

The broader market outperformed the benchmarks, with BSE midcap and smallcap indices adding 0.3 percent each

Foreign brokerages have raised target price of these 5 stocks

BUSINESS

Foreign brokerages have raised target price of these 5 stocks

A private bank, a steel major and an IT player are on the list of stocks that could have an upside of up to 40 percent

Closing Bell: Market ends flat amid expiry day volatility; metals drag

BUSINESS

Closing Bell: Market ends flat amid expiry day volatility; metals drag

Among sectors, metal index shed over 1 percent, while selling was also seen in the auto, pharma and PSU banking stocks. However, FMCG, oil & gas, realty and power indices ended in the green. BSE midcap and smallcap indices added 0.3 percent each.

Taking Stock: Sensex, Nifty end flat after hitting record highs; oil & gas, power stocks gain

BUSINESS

Taking Stock: Sensex, Nifty end flat after hitting record highs; oil & gas, power stocks gain

More than 100 stocks, including Wirpo, Tech Mahindra and Bajaj Finance hit 52-week high on the BSE.

Closing Bell: Market ends flat amid volatility; oil & gas, power stocks rally

BUSINESS

Closing Bell: Market ends flat amid volatility; oil & gas, power stocks rally

Among sectors, except pharma, realty, bank and auto, all other sectoral indices ended higher with the power and oil & gas indices up 1 percent each. BSE midcap and smallcap indices rose 0.5 percent each.

Taking Stock: Nifty ends above 16,600, Sensex gains 403 pts; mid, smallcaps outshine

BUSINESS

Taking Stock: Nifty ends above 16,600, Sensex gains 403 pts; mid, smallcaps outshine

The broader market outperformed with BSE midcap and smallcap indices adding over 1 percent each.

IndusInd Bank, Aurobindo Pharma among 5 stocks in which foreign brokerages cut target price

BUSINESS

IndusInd Bank, Aurobindo Pharma among 5 stocks in which foreign brokerages cut target price

With Indian markets scaling new highs, experts have turned cautious and advise investors to shift focus to largecaps from mid and small-cap space.

Closing Bell: Nifty ends above 16,600, Sensex gains 403 pts led by metal, pharma, banks

BUSINESS

Closing Bell: Nifty ends above 16,600, Sensex gains 403 pts led by metal, pharma, banks

BSE midcap and smallcap indices gained over 1 percent each. Among sectors, except IT and FMCG, all other sectoral indices ended in the green.

Taking Stock: Sensex, Nifty end higher led by IT stocks; mid, smallcaps underperform

BUSINESS

Taking Stock: Sensex, Nifty end higher led by IT stocks; mid, smallcaps underperform

On the broader market front, the BSE midcap index fell 0.90 percent and the smallcap index shed 1.5 percent

Nifty may test 16,200; delta variant, US taper talk biggest threat to markets: Experts

BUSINESS

Nifty may test 16,200; delta variant, US taper talk biggest threat to markets: Experts

Traders are advised to remain light for a while and the ideal strategy would be to look at the individual stocks than the benchmark index, suggest experts

Closing Bell: Nifty ends near 16,500, Sensex gains 226 pts led by IT stocks; auto, metal stocks drag

BUSINESS

Closing Bell: Nifty ends near 16,500, Sensex gains 226 pts led by IT stocks; auto, metal stocks drag

Among sectors, the Nifty IT index gained 1.7 percent each, while metal, auto and PSU bank indices lost 0.5-1.5 percent. BSE midcap index fell 0.90 percent and smallcap shed 1.5 percent.

Market ends with marginal losses; 82 smallcap stocks fall 10-23%

BUSINESS

Market ends with marginal losses; 82 smallcap stocks fall 10-23%

On Friday, Nifty formed a bullish candle on daily scale but a bearish candle similar to a shooting star on weekly frame.

Market snaps 2-week gaining streak; metals crack

BUSINESS

Market snaps 2-week gaining streak; metals crack

Last week, both Sensex and Nifty touched their fresh record high levels of 56118.57 and 16701.85.

RIL, IGL and Gujarat Gas among preferred oil & gas stocks by Sharekhan

BUSINESS

RIL, IGL and Gujarat Gas among preferred oil & gas stocks by Sharekhan

The earnings trajectory of upstream PSUs is expected to improve in the coming quarters supported by a sharp rally in oil price and potential hike of 50-60% in domestic gas price for H2FY2022, said the brokerage

Taking Stock: Sensex, Nifty end lower after record-breaking spree; bank, metal stocks weigh heavy

BUSINESS

Taking Stock: Sensex, Nifty end lower after record-breaking spree; bank, metal stocks weigh heavy

On the broader indices front, the BSE midcap index rose 0.26 percent and smallcap was down 0.18 percent. The market will remain shut on August 19 on account of Muharram

Closing Bell: Nifty ends below 16,600, Sensex falls 162 pts; bank, metal drag

BUSINESS

Closing Bell: Nifty ends below 16,600, Sensex falls 162 pts; bank, metal drag

Among sectors, the Nifty metal and bank indices fall 0.8 percent each, while buying was seen in the FMCG, pharma and PSU Bank names.

Closing Bell: Nifty ends above 16,600, Sensex gains 209 pts led by IT stocks; metals drag

BUSINESS

Closing Bell: Nifty ends above 16,600, Sensex gains 209 pts led by IT stocks; metals drag

On the sectoral front, Nifty IT and FMCG indices were up 1-2.5 percent, while metal and PSU Bank indices fall 2 percent each.

Taking Stock: Nifty ends above 16,550, Sensex up 145 points; metals shine

BUSINESS

Taking Stock: Nifty ends above 16,550, Sensex up 145 points; metals shine

The Nifty has to hold above 16,450 to extend the momentum towards 16,700 and 17,000, while on the downside, support shifts higher to 16,350 then 16,300 levels, say experts

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347