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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Indices hit new highs, Sensex closes above 81K for first time
India’s benchmark indices surged to fresh new highs on Thursday, with the Sensex closing above 81,000 and Nifty ending above 24,800 for the first time. The rally was led by gains in information technology (IT) stocks ahead of Infosys’ first quarter results which were announced after trading hours on Thursday. The BSE Sensex ended at…
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