Moneycontrol PRO
HomeAuthorRakesh patil

Rakesh Patil

Senior Data Analyst

Moneycontrol

Last week at a glance: Market falls 1% amid rising COVID-19 cases, vaccine supply issue, metals underperform

BUSINESS

Last week at a glance: Market falls 1% amid rising COVID-19 cases, vaccine supply issue, metals underperform

In the last week, the Indian rupee ended higher by 22 paise at 73.29 on May 14 against its May 7 closing of 73.51.

Gainers & Losers: 10 stocks that moved most on May 14

BUSINESS

Gainers & Losers: 10 stocks that moved most on May 14

Except FMCG, all other sectoral indices ended in the red, with the Nifty metal index declining nearly 4 percent. BSE midcap and smallcap indices fell more than a percent each.

Taking Stock | Market ends flat in volatile trade; FMCG stocks outperform, metals slip

BUSINESS

Taking Stock | Market ends flat in volatile trade; FMCG stocks outperform, metals slip

For the week, the BSE Sensex and Nifty50 shed a percent each. On May 14, Coal India, Tata Motors, Hindalco Industries, Tata Steel and Grasim Industries were among the top Nifty losers. Gainers included Asian Paints, UPL, ITC, Nestle and L&T.

SBI, Lupin, Bharti Airtel, ACC among Axis Securities' top picks for 14-34% upside

BUSINESS

SBI, Lupin, Bharti Airtel, ACC among Axis Securities' top picks for 14-34% upside

Overall, the market can correct but it will be an opportunity to accumulate quality stocks for long-term returns, Axis Securities has said.

BSE, NSE shut today on account of Ramzan Id

BUSINESS

BSE, NSE shut today on account of Ramzan Id

Wholesale commodity markets, including metal and bullion, will also remain shut. There will be no trading activity in the forex and commodity futures markets as well.

Taking Stock | Market falls 1% on weak global cues; metals drag, PSU banks gain

BUSINESS

Taking Stock | Market falls 1% on weak global cues; metals drag, PSU banks gain

The Nifty PSU bank index rose over 3 percent, while the Nifty bank, metal and energy indices fell 1-3 percent. BSE Midcap and Smallcap indices slipped 0.6-0.9 percent.

Closing Bell: Nifty ends below 14,700, Sensex falls 471 pts; metals drag

BUSINESS

Closing Bell: Nifty ends below 14,700, Sensex falls 471 pts; metals drag

Stock Market LIVE Updates | Nifty PSU Bank index rose over 3 percent, while Nifty Bank, metal and energy indices fell 1-3 percent.

Foreign brokerages raise target price on these 5 stocks

BUSINESS

Foreign brokerages raise target price on these 5 stocks

Tata Steel and SBI Life are among the five stocks where foreign brokerages have raised their target price.

Taking Stock | Market extends rally to 4th straight session; metal stocks outshine

BUSINESS

Taking Stock | Market extends rally to 4th straight session; metal stocks outshine

All the sectoral indices ended in the green with auto, energy, infra, pharma, metal, and PSU Bank indices rose 1-3 percent.

HDFC Securities picks these 9 mid and smallcap stocks for long term

BUSINESS

HDFC Securities picks these 9 mid and smallcap stocks for long term

NMDC, Aurobindo Pharma, Birla Corporation and ACC among mid and smallcaps stocks that broking house picks for staggered buying.

Closing Bell: Nifty ends above 14,900, Sensex rises 296 pts led by metal, pharma stocks

BUSINESS

Closing Bell: Nifty ends above 14,900, Sensex rises 296 pts led by metal, pharma stocks

Stock Market LIVE Updates | All the sectoral indices ended in the green with auto, energy, infra, pharma, metal, and PSU Bank indices rose 1-3 percent. BSE Midcap and Smallcap indices gained nearly a percent each.

Economic data, COVID-related news and results to drive market this truncated week

BUSINESS

Economic data, COVID-related news and results to drive market this truncated week

If the market breaks the level of 14,900 and sustains above the level, a new bullish rally could take Nifty towards 15,200, said Ashis Biswas, Head of Technical Research at CapitalVia Global Research.

HDFC Securities bets on these 12 largecaps for long term investment

TRENDS

HDFC Securities bets on these 12 largecaps for long term investment

FMCG, auto and IT companies are among the companies that the broking house picks for staggered buying.

Market gains as Sensex crosses 49,000, smallcaps outperform

BUSINESS

Market gains as Sensex crosses 49,000, smallcaps outperform

In the last week, the Indian rupee ended higher by 159 paise at 73.51 on May 7 against its April 30 closing of 75.10.

Taking Stock | Nifty back above 14,800; mid, smallcaps underperform

BUSINESS

Taking Stock | Nifty back above 14,800; mid, smallcaps underperform

More than 250 stocks including NMDC, JSW Steel, Steel Strips Wheels, Mastek hit a fresh 52-week high on the BSE.

Closing Bell: Nifty ends above 14,800, Sensex gains 256 pts led by metals

BUSINESS

Closing Bell: Nifty ends above 14,800, Sensex gains 256 pts led by metals

Stock Market LIVE Updates | Except PSU Bank index all other sectoral indices ended in the green with Nifty Metal index rose over 4 percent.

Taking Stock | Market extends gains as Sensex crosses 49,000; metal stocks gain

BUSINESS

Taking Stock | Market extends gains as Sensex crosses 49,000; metal stocks gain

On the sectoral front, IT, metal and auto indices rose 1.8-2.5 percent each, while PSU Bank index shed 1 percent.

KRChoksey is bullish on these 6 stocks for a upside of up to 16%

BUSINESS

KRChoksey is bullish on these 6 stocks for a upside of up to 16%

SBI Life insurance, Minda Corporation, Cipla and Britannia Industries are among the top picks of the brokerage.

Closing bell: Sensex gains over 270 points, Nifty closes above 14,700 mark; Auto, IT, Metals lead

BUSINESS

Closing bell: Sensex gains over 270 points, Nifty closes above 14,700 mark; Auto, IT, Metals lead

Among sectors, Nifty Metal Index climbed 2.5 percent, while IT and Auto indices gained 1.8 percent each.

Gainers & Losers: 10 stocks that moved most on May 5

BUSINESS

Gainers & Losers: 10 stocks that moved most on May 5

Except realty, all other sectoral indices ended in the green, with Nifty Bank, IT, pharma and PSU bank rising 1-4 percent.

Taking Stock | Market gains on RBI relief measures; pharma stocks outperform

BUSINESS

Taking Stock | Market gains on RBI relief measures; pharma stocks outperform

Sun Pharma, UPL, Axis Bank, IndusInd Bank and Kotak Mahindra Bank were among the top gainers on the Nifty. Losers included Adani Ports, Bajaj Finance, SBI Life Insurance, Asian Paints and HUL.

Top 10 things to know before the market opens

BUSINESS

Top 10 things to know before the market opens

Trends on SGX Nifty indicate a positive to positive opening for the index in India with a 43 points gain.

Closing Bell: Nifty ends above 14,600, Sensex gains 424 pts led by pharma, financials

BUSINESS

Closing Bell: Nifty ends above 14,600, Sensex gains 424 pts led by pharma, financials

All the sectoral indices ended in the green with Nifty Bank, IT, pharma and PSU bank indices rose 1-4 percent.

Gainers & Losers: 10 stocks that moved most on May 4

BUSINESS

Gainers & Losers: 10 stocks that moved most on May 4

Except the PSU Bank, all other sectoral indices ended in the red. BSE midcap and smallcap indices also ended lower.

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