Swiss-headquartered UBS, a global wealth management major, suggests that any significant weakness in Indian equities post-election results on June 4 could present “buy-on-dip” opportunities for investors. On the fixed income side, medium-to-long duration bonds are in a “sweet spot” and could become even more attractive if bond yields spike due to certain election outcomes, UBS …
SML Isuzu: Net profit at Rs 52 cr vs Rs 27 cr, Revenue at Rs 680 cr vs Rs 583 cr. (YoY) JK Lakshmi Cement: Net profit at Rs 162.1 cr vs Rs 114.8 cr, Revenue at Rs 1780 cr vs Rs 1862 cr. (YoY) Honasa Consumer: Net profit at Rs 30 cr vs loss …
Nifty ended with weekly declines of 2.1% amid massive selling in state-owned company stocks along with energy, realty and financial stocks. However, the IT pack ended with weekly gains. When markets resume trading on Monday, a host of important domestic and global events lined-up during the holiday-truncated week are likely to impact them. “The upcoming …
Nifty 50 vs GDP of India: The key benchmark indices of the Indian stock market surged to a new high after India’s Q3 GDP growth saw an impressive growth rate of 8.4% driven by robust manufacturing, highlighting the inherent strength and potential of our economy. However, the domestic equities got some support from the US …
MUMBAI: Despite some volatility, domestic equities clocked marginal gains in the week ended January 12, and benchmark indices scaled lifetime highs led by index heavyweights. While the overall trajectory for markets remains positive in the coming week, there are several factors that will decide the sustainability of gains. “The Q3FY24 earnings season will be the …
The Indian stock market indices, Sensex and Nifty 50, are likely to open on a positive note Wednesday led by strong global market cues. The trends on Gift Nifty also indicate a higher start for the Indian benchmark index. The Gift Nifty was trading around 21,545 level as compared to the Nifty futures’ previous close …
The Indian stock market indices, Sensex and Nifty 50, are likely to open higher on Tuesday amid mixed global market cues. The trends on Gift Nifty indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 21,420 level as compared to the Nifty futures’ previous close of 21,385. Catch Live …
After a stellar 17 percent return delivered by the Nifty in 2023, market experts and brokerages have mixed views on the index’s performance in the year 2024. In 2023, the Nifty marked its eighth consecutive year of positive performance, showcasing its resilience in the face of challenges. Despite experiencing major headwinds like global monetary tightening, …
The Indian stock market indices, Sensex and Nifty 50, are expected to open lower on Thursday tracking weak global cues. The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 21,135 level as compared to the Nifty futures’ previous close of 21,169. Catch Live …
BSE Sensex and Nifty50 ended the day on Tuesday at record highs. While the BSE Sensex surged over 400 points to end at 69,296, Nifty50 rose over 160 points to 20,855 levels. This is the second straight session of the Indian equity markets closing at record highs.The stock market rally is largely led by strong …