Sensex, Nifty just 2% shy of erasing year-to-date losses; will stock market hold gains next week?

Sensex and nifty are now just 2% away from erasing all their year-to-date losses and turn positive, helped by strong foreign fund flows and the re-opening of the Indian economy. Stock markets continued their range-bound action this week but managed inch higher during the last five trading sessions. The S&P BSE Sensex moved 0.61% higher […]

Stock Market: Market Movers: Aditya Birla Fashion surges over 7%, 46 stocks hit 52-week high

Aditya Birla Fashion and Retail (ABFRL) hogged the limelight on Friday after the company said it would raise Rs 1,500 crore from Flipkart. Heavy buying in Reliance Power and YES Bank too grabbed the eyeballs. Overall, the benchmark equity indices ended in the green led by gains in auto, banking and power counters. The 30-share […]

sensex today: Traders’ Diary: Nifty has key support in 11,777-11,750 zone

!1 New UpdateClick here for latest updates Radhakishan Damani picks up 0.5% stake in Cochin Shipyard Radhakishan Damani bought 6.9 lakh shares of Cochin Shipyard at Rs 349.14 per share, bulk deal data on the NSE showed. This amounts to 0.5% stake in the company. The seller’s name was not disclosed in the bulk deal […]

Traders’ Diary: Nifty key support exists at 11,777-11,750 levels

!1 New UpdateClick here for latest updates Keshav Lahoti of Angel Broking said, market action for the next few days will be dependent on the result announcement, global cues and news around the relief package planned by the Government. Why analysts are upbeat on Bajaj Finance even after its Q2 results missed St estimates Near […]

Sensex, Nifty may continue witnessing high volatility; will bears come back to haunt D-Street now?

tock markets in the United States ended on the lower side on Wednesday. Asian peers were also trading with losses. Domestic benchmark indices managed to gain for the fourth consecutive day on Wednesday, registering nearly half a percent jump. This was despite the massive fluctuations seen by Sensex and Nifty. “On the daily chart, the […]

sensex today: Traders’ Guide: Nifty has key support at 11,750 and 11,666 levels

!1 New UpdateClick here for latest updates IT company L&T Infotech (LTI) on Tuesday reported a 26.7 per cent increase in consolidated net profit to Rs 456.8 crore for the quarter ended September 2020. This is against a net profit of Rs 360.4 crore in the same period a year ago, LTI said in a […]

Market HIGHLIGHTS: Sensex ends up for 3rd straight day, Nifty ends below 11,900; HCL Tech, HDFC Bank lead

We maintain REDUCE on L&T Tech (LTTS), as valuations more than adequately factor in the recovery curve. 2Q print was slightly ahead of estimates, and the growth rebound (despite 3Q furlough uncertainty) is supported by a pick-up in deal activity (deal pipeline and wins higher by ~16% over the previous quarter). While LTTS has a […]

Stocks to buy: Four Nifty50 stocks among 71 that look set to rally, suggests MACD

NEW DELHI: Nifty50’s recovery from Thursday’s selloff has lifted the market mood, with at least 71 stocks on NSE throwing up bullish signals, as suggested by moving average convergence divergence, or MACD, charts. The momentum indicator signalled bullish crossovers — a sign of bullish undertone — on these counters, hinting at possible upsides in the […]

Sensex, Nifty to gain or will bears return to Dalal Street? Key things to know before opening bell

Domestic benchmark indices clocked the second day of gains on Monday as equity markets followed their global peers and moved higher. S&P BSE Sensex ended Monday’s trading session 448.62 points or 1.12% higher while the 50-stock Nifty 110 points to close at 11,873 mark. “A small body of negative candle was formed with gap up […]

Financial, FMCG stocks lift Sensex by 449 points; profit booking seen in pharma & IT

NEW DELHI: Banking stocks saw spirited buying while FMCG names were also in huge demand as blue chip indices rose for the second straight session on Monday over renewed stimulus hopes and claims of a Covid-19 vaccine by the year-end. The benchmark indices have closed in the green 12 times in the last 13 sessions, […]