Will Nifty succumb to fear or time for greed to take over? Watch out for these 7 factors
Amid rising fears of a surge in crude oil prices due to tensions in West Asia and the FII outflow of money towards China, the stock market has been falling incessantly for the last five days and recorded its worst week in over two years. “The drag was across sectors led by realty, auto, and…
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Monday Blues! Sensex plummets over 1,000 points, Nifty below 26K
Domestic benchmark equity indices, Sensex and Nifty50, were trading with heavy losses on Monday amid mixed cues from regional markets, weighed down by index heavyweights Reliance Industries, Infosys, TCS, and ICICI Bank. The BSE Sensex was down 1,009.13 points, or 1.18%, trading at 84,562.72, while the Nifty50 dropped 284.95 points, or 1.09%, to 25,894 at…
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Investors lose nearly Rs 3 lakh crore as Sensex, Nifty sink; key factors behind Monday mayhem
Indian benchmark equity indices fell sharply on Monday, with the Sensex dropping over 800 points and the Nifty slipping below the 26,000 mark, amid mixed cues from regional markets. The decline was led by index heavyweights Reliance Industries, IT, and financial stocks. The market capitalisation of all listed companies on the BSE fell by Rs…
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Mcap of 6 of top-10 most valued firms jumps Rs 1.97 lakh cr; ICICI Bank, HDFC Bank major winners
The combined market valuation of 6 of the top-10 most valued firms jumped Rs 1,97,734.77 crore last week, with ICICI Bank and HDFC Bank emerging as the biggest winners, in-line with optimistic trends in equities. Last week, the BSE benchmark jumped 1,653.37 points or 1.99 per cent. The BSE benchmark soared 1,359.51 points or 1.63…
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Big movers on D-Street: What investors should do with TCS, Torrent Power and Mphasis
Benchmark stock indices Sensex and Nifty hit fresh lifetime intraday highs before closing lower on Wednesday, ahead of the US Fed’s decision on interest rates. Stocks that were in focus included TCS, which fell 3.5%; Torrent Power, which gained 8.48%; and Mphasis, whose shares declined 6% on Wednesday. TCS After making lows around Rs 3,583…
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IT stocks drag Sensex, Nifty lower ahead of Fed meet outcome
Ahead of the crucial US Fed meeting outcome tonight in which Jerome Powell is likely to kickstart the rate cut cycle, Dalal Street is adopting a cautious wait and watch mode. Sensex and Nifty opened on a flat note with profit booking seen in IT stocks. Oil and gas stocks were in focus as the…
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TCS shares: TCS, Samvardhana Motherson International among 5 stocks with long buildup – Trend Tracker
Indian Railway Finance Corporation Share Price 179.06 04:01 PM | 14 Aug 2024 -2.6(-1.43%) One97 Communications Share Price 538.8 04:01 PM | 14 Aug 2024 32.65(6.46%) YES Bank Share Price 23.99 04:01 PM | 14 Aug 2024 -0.13(-0.5%) ITC Share Price 492.2 03:59 PM | 14 Aug 2024 2.2(0.45%) HDFC Bank Share Price 1607.8 04:01…
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Avoid aggressive bets as markets may see volatility spike
Technical analysts advise avoiding aggressive bets until global market conditions stabilise. If Nifty stays below 24,800 and VIX remains above 14.5%, a correction is likely, with key support at 24,540 and 24,210. Stocks like Nykaa, HDFC Bank, Sun Pharma, TCS, GAIL, Adani Ports, ITC, Chambal Fertilisers, KNR Construction, Oil India, and CESC look promising, according…
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M-cap of 8 of top 10 firms plunges Rs 1.28 lakh crore; TCS, Infosys biggest laggards
Eight of the top-10 most valued firms together lost Rs 1,28,913.5 crore in market valuation last week, with IT majors Tata Consultancy Services (TCS) and Infosys emerging as the biggest laggards, amid weak trend in equities. The valuation of TCS tumbled Rs 37,971.83 crore to Rs 15,49,626.88 crore, the most among the top-10 firms. The…
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Mcap of 6 of top-10 valued firms jumps Rs 1.85 lakh cr; LIC, Infosys biggest winners
The combined market valuation of six of the top 10 valued firms jumped Rs 1,85,186.51 crore last week, with Life Insurance Corporation of India (LIC) and Infosys emerging as the biggest gainers. Last week, the BSE benchmark climbed 728.07 points or 0.90 per cent. The valuation of LIC surged Rs 44,907.49 crore to Rs 7,46,602.73…
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