[ad_1] The S&P 500 ended little changed on Friday, but the index registered its biggest weekly percentage gain of 2024 after the Federal Reserve this week stuck with projections for three interest rate cuts by year’s end. The Nasdaq ended slightly higher for the day, along with an index of semiconductors. The semiconductor index was…
READ MORE[ad_1] After a steep decline a week earlier, the broader market, particularly smallcap stocks, bounced back following improved investor sentiments and an overall rally in the equities. The BSE small and midcap indices rose over 1% during the week with improved buying led by continued domestic and foreign inflows. Around 52 smallcap stocks delivered double-digit…
READ MORE[ad_1] Reliance Industries Ltd, part of the oil & gas space, consolidated in a narrow range after hitting a record high earlier in March 2023, but a bounce back from its 50-DMA on daily charts suggests that bulls are here to stay. If the momentum continues, short-term traders can look to buy the stock for…
READ MORE[ad_1] Shares of Brigade Enterprises jumped 8% on Friday to hit the day’s high of Rs 974.90 on the NSE after Kotak Institutional Equities upgraded the stock to ‘Add’ from an earlier ‘Reduce’ rating while retaining the targets at Rs 1,025. Notwithstanding the Bengaluru water crisis that could potentially impact the construction activity in the…
READ MORE[ad_1] Hero MotoCorp. Share Price 4684.00 03:59 PM | 22 Mar 2024 164.11(3.64%) Maruti Suzuki India. Share Price 12337.70 03:59 PM | 22 Mar 2024 429.56(3.61%) UPL. Share Price 470.00 03:59 PM | 22 Mar 2024 14.45(3.18%) Apollo Hospitals Enterprise. Share Price 6375.90 03:58 PM | 22 Mar 2024 193.40(3.13%) Sun Pharmaceutical Industries. Share Price…
READ MORE[ad_1] FMCG major ITC’s weight will go up in the S&P BSE Sensex, resulting in likely inflows of $50 million, according to estimates by Nuvama. Today, Sensex will adjust ITC’s free float factor as a result of British American Tobacco’s (BAT) 3.5% stake sale in the company. Meanwhile, the adjustment on Nifty will be done…
READ MORE[ad_1] Known for generously gifting shares to friends and for philanthropic reasons, IDFC First Bank MD and CEO V Vaidyanathan is at it once again. The banker has gifted 7 lakh shares worth nearly Rs 550 crore of the private sector lender to five people, including an Air Force veteran and a child who lost…
READ MORE[ad_1] Synopsis It is after a long period of time, that one can see corrections not in absolute terms but also the fact that when global markets are rising Indian markets have not been able to move higher. Once again on wednesday, there was minor intraday up move in nifty, but the mid cap continued…
READ MORE[ad_1] Shares of BSE jumped 8% to the day’s high of Rs 2,194.95 on the NSE following a stock upgrade from Investec. The domestic brokerage gave a buy rating on the counter for a price target of Rs 2,800. This signals a 38% uptick over Wednesday’s closing price of Rs 2,033.15. The upgrade comes on…
READ MORE[ad_1] Shares of Avenue Supermarts jumped 4.4% on Thursday to hit their 52-week high of Rs 4,238 on the NSE after Hong Kong-based brokerage CLSA initiated coverage on the DMart operator with a buy rating for a price target of Rs 5,107. With today’s rally, the stock has witnessed an interrupted rally over the last…
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