The Big Daddy of insurers finds love after a forced marriage; a big market player falls for a neglected stock; some market gurus catch a falling knife.
The top Nifty gainers include YES Bank which jumped 4 percent followed by Bharti Infratel, Power Grid, Bharti Airtel and L&T while Britannia Industries, TCS, ICICI Bank, HCL Tech and Tata Motors.
The top gainers from NSE were ICICI Bank that jumped 2.5 percent followed by IndusInd Bank, Titan Company, Asian Paints and Larsen & Toubro
In 2009, Sensex fell nearly 6 percent, followed by 2013 when it fell 1.5 percent, and in 2012, 2016, 2014, and 2018 it slipped less than 1 percent
The top gainers from NSE included Adani Ports, Zee Entertainment, Sun Pharma, Cipla and Bajaj Finserv while the top losers included Indiabulls Housing Finance which was down 5 percent followed by Eicher Motors, Reliance Industries, Power Grid and YES Bank.
The breadth of the market favoured the declines with 511 stocks advancing and 1036 declining while 498 remained unchanged. On the BSE, 572 stocks advanced, 945 declined and 76 remained unchanged.
The decisions suggest efforts have been made to preserve the RBI’s operational autonomy. The risk of high profile exits from the RBI has proven to be overblown, and this should provide a near-term respite, said the Nomura report
Chart pattern indicates that USD/INR is likely to extend its upward move towards 71-71.80 in the near/short term, Rajesh Palviya of Axis Securities said.
The S&P BSE Sensex rose to a fresh record high of 34,374.85 while the Nifty50 climbed 10,600 for the first time on Monday to hit a record high of 10,623.20. Analyst advises investors to stay long with a trailing stop loss placed below 10500.
We approach the market for the next 12 months with caution. The same reasons which led to the improvement in cash flows and cost of capital to start deteriorating, Ganeshram Jayaraman, SPARK Capital Advisor, said in an exclusive interview with Kshitij Anand of Moneycontrol.
If you prefer to buy when the markets are falling, this could be the right time to step in. We’ll tell you how to lay out your cards right.
To be fair, Dollar has been quietly working on its image – and sales – after its brand ambassador and Bollywood actor Akshay Kumar crackled the airwaves with the now famous tagline “Fit Hai Boss”.
But, it is time to tread with caution with respect to small and midcap stocks after a sharp rally in the last 12-24 months. Not all midcap stocks might strike gold for investors at current levels given the frothy valuation.
When liquidity drives stocks higher chances are that your portfolio will be sitting on a huge profit.
Dragonfly Doji pattern signals indecision among bulls as well as bears but it also points to the fact that buying emerged at lower levels and bulls managed to push the index towards opening.
Here’s are top cues from domestic as well as international markets which could have a bearing on D-Street.
After three-day consolidation, finally the market got direction on downside but that is unlikely to continue, feel experts who say the Nifty has support at 9,000.
Investors ignored the exit polls announced on Thursday. The exit poll results were not clear as some media outlets predicted a majority for the ruling BJP while others showed gains but not majority in Uttar Pradesh. The state is an important metric as it gives most number of representatives in the Upper House of the Parliament.
"BSE Institute Ltd will organise the Dalal Street Lit Fest 2017, a-one-of-its-kind Art celebration festival blending the themes of finance and literature," BSE said in a release.
The future of payments will be like a sci-fi movie where NFC and facial recognition will enable payments. Currency notes will become a thing of the past, branches will become lesser even as robot advisors, virtual assistants and chatbots will be your new banker, wealth advisor and cashier.
Damani has already acquired a cult status on Dalal Street — both as a trader and value investor — in little over a decade since wetting his feet in the stock market.
As the year comes to an end one may think that the India market was virtually unmoved but CNBC-TV18's Nigel D'Souza tells that a lot happened on dalal street that made news in 2016.