The latest positive global sentiment has helped the markets shrug off the underwhelming June quarter results, earnings downgrades, and the possibility of further downgrades
In the June quarter of financial year 2021-22 (Q1FY22), the lender posted a profit of Rs 210 crore due to lower provisions
Wipro has highest average free float market cap of Rs 80,213 cr among non-Sensex components for 55% of the review period; Bajaj Auto has free float market cap of Rs 50,929 cr and is ranked 38th
Sensex is up 3.7% this month, while mid-, small-cap indices are down 1.4% and 2.7%, respectively
India's key equity indices are expected to resume their northward trajectory during the upcoming week, experts opined.
The over 1,847-point jump this week has come on the aggressive buying for overseas investors and hopes of economic revival following improvement in high-frequency indicators
Nifty50 index closed above the 16,000 mark for the first time, ending the session at 16,123 with a gain of 238 points, or 1.55 per cent
The Sensex rallied 363.79 points or 0.69 per cent to finish at 52,950.63
Bajaj Finance was the top loser in the Sensex pack, shedding 2.59 per cent, followed by Bajaj Finserv, SBI, Tata Steel, Titan, Asian Paints and Axis Bank
Tata Steel hogged the limelight in the Sensex pack, rallying 6.87%
A "Golden Cross" breakout indicates a firm bullish sentiment in the medium-term
If the Fed announces a taper, it could trigger a correction till 14,000-14,500 in Nifty in next 2-3 months
Market players said the developments in China has promoted several foreign funds to prune their exposure to the entire emerging market (EM) pack
The JD(U) de facto leader said that though caste census began in 2010 and a report came in 2013 but it was never released
The benchmark indices fell for the last three sessions as rising Covid cases brought fresh worries about disruption in economic activities
Sensex shed 355 points to end at 52,198, down 0.7%; Nifty lost 120 points to end at 15,632
Inflation, delta variant concerns trigger global risk off sentiment
Infosys closed 0.3 per cent higher after posting strong earnings and raising its forecast on the back of a pandemic-driven expansion in digital offerings by businesses globally.
New daily cases climbed to a record 54,517 on Wednesday, higher than India's, while the seven-day moving average jumped to 41,521 from less than 6,000 at the end of May
Stock will need to move to about Rs 328 a share (4.3x over possible IPO price of Rs 76) for it to be part of Nifty index