Share Market Highlights June 05, 2024: Sensex, Nifty settle 3% higher amid broad-based buying on hope of political stability; metal, banking stocks shine; most Adani group stocks gain

Share Market Highlights June 05, 2024: Sensex, Nifty settle 3% higher amid broad-based buying on hope of political stability; metal, banking stocks shine; most Adani group stocks gain

Macquarie on verdict India’s GDP growth trajectory since 1980 has been less influenced by the ruling party Like large caps : HCLT, SUNP, HUVR, HERO, HDFCB.  Stocks to add in this pullback with a 2-3 year view: Cummins, Bharat Electronics, Delhivery JEFFERIES ON VERDICT: Cut OWT on real estate, industrials, & PSUs  Buying opportunity-large-cap laggards …

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Will the Indian stock market continue its upward momentum this week? Here’s what experts say

Will the Indian stock market continue its upward momentum this week? Here’s what experts say

After experiencing significant volatility, the Indian benchmark indices resumed their upward momentum last week, with both the Nifty 50 and Sensex achieving their second-best weekly gains in 2024, led by favorable domestic and global factors. The Nifty 50 closed the week with a gain of 2.03%, marking its most significant weekly increase since January 2024, …

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Hindalco vs Vedanta: Which metal stock should you pick for long term?

Hindalco vs Vedanta: Which metal stock should you pick for long term?

In this environment, comparing Hindalco and Vedanta can help determine which metal stock may offer superior long-term investment opportunities. Stock Price Trend Vedanta has outperformed benchmark Nifty Metal this year so far while Hindalco underperformed. Vedanta has surged over 61 percent in 2024 YTD while Hindalco is up just 5 percent. In comparison, the Nifty …

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