Tata Tech shares surge 3% despite Axis Capital predicting 9% downside
Shares of Tata Group company Tata Technologies today surged 3.3% to dayβs high of Rs 1,083.45 on the BSE despite securing a βreduceβ rating and a target price of Rs 950 (a potential downside of 9%) for the stock from domestic brokerage firm Axis Capital. Axis Capital believes that there is no respite on growth…
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197 smallcaps offer double-digit returns as markets continue record-breaking run in August
Domestic markets continued their record-breaking run even in the month of August, but the gains were steady with Sensex gaining close to 1%. The rally was also broad-based with the smallcaps outperforming the benchmark as the BSE smallcap index was up around 1.25% during the month. This was reflected in the gains of the broader…
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Block deals worth over Rs 43,068 crore this week. HDFC Bank, Indigo, RVNL among stocks with major action
While Nifty ended with week-on-week gains of 1.6%, it was laden with top action where over three dozen companies from large, mid and smallcap segments witnessed prominent block deals worth Rs 43,068 crore on screen which included both buying and selling action. In the large cap segment, 15 companies witnessed significant block deals on the…
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D-Street at record high! Sensex jumps 400 pts, Nifty above 25,150 led by bank & IT stocks
Indian benchmark indices, Nifty50 and Sensex, rebounded from a slow start to hit record highs on Thursday, fueled by gains in financial and IT stocks. The BSE Sensex was trading at 82,150 points, up 365 points or 0.45%. The Nifty 50 was at 25,150, up 98 points or 0.39%, around 1:05 pm. Despite the rally,…
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