Over 50 smallcap stocks log double-digit growth as broader indices gain 1.5%; Reliance Infra, BEML among gainers

Around 50 smallcap stocks logged gains in the range of 10-40 per cent as broader indices recovered losses and gained 1.5 per cent outperforming the benchmarks Sensex and Nifty 50 last week. Reliance-group stocks such as Reliance Infrastructure and Reliance Power were among the top gainers. Apart from the above two, EMudhra, Swan Energy, Vadilal …

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FMCG stocks see surge in foreign investment in first half of March

Mumbai: Foreign investors gorged on FMCG (fast-moving consumer goods) stocks in the first half of March, with net purchases touching a four-year high of ₹11,180 crore, according to data from National Securities Depository Ltd (NSDL). Comparatively, the figure was ₹662 crore in the same period last year. Sovereign wealth fund GIC’s (Government of Singapore Investment …

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Buy or sell: Rajesh Palviya of Axis Securities recommends DMart, Cummins India, and Polycab India for March 22

Stock Market News: Domestic equity benchmark indices, the Sensex and Nifty 50, finished Thursday’s trading session in green due to encouraging global cues and dovish US Federal Reserve. The 30-share BSE Sensex ended higher by 539.50 points or 0.75% at 72,641.19 level while the Nifty 50 closed at 22,011.95 level, up 172.85 points or 0.79%. …

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Nifty 50 is up 1% this year so far; can it see a pre-election rally?

With the Federal Reserve signalling potential rate cuts, the domestic market benchmark Nifty 50 recorded significant gains on Thursday, March 21. Despite these gains, the index has only risen by approximately one per cent for the calendar year 2024 (CY24). The timing and magnitude of potential rate cuts by the Fed remain uncertain, leaving questions …

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