On YTD basis, BSE benchmark is up 1.97%, while Nifty has gained 5.11%
At the end of April, 13.5 per cent of FPIs' total equity investment was in the IT sector
Of the Sensex constituents, 20 shares ended with gains
Titan was the top laggard in the Sensex pack, shedding 4.58 per cent
Analysts are bullish on small and mid-sized IT companies despite the downturn in the market
The complexion of the index has undergone a drastic change since its inception.
Wall Street brokerage Goldman Sachs has flagged a slew of concerns on the surging COVID-19 caseload that has been hitting new records everyday, coupled with the rising lockdowns
On Monday, banking, media, realty, metal and auto stocks fell the most, with the Bank Nifty falling as much as 5.1 per cent per cent
Private sector power utilities such as Tata Power, Torrent Power, JSW Energy, Adani Power and Adani Transmission have been the top performers in the last three months
Long-only funds provided average returns of 8 per cent, while long-short funds returned 0.3 per cent, data from PMS Bazaar showed
Only TCS, HUL and HDFC from the top-10 list saw a rise in their market capitalisation
The Nifty Next 50 index, which comprises the top firms outside the Nifty50, is tracked by funds with assets of $500 million
The markets are undergoing a turbulent phase but metal companies seem in a bull market
India, as well as the global markets, rebounded sharply from Covid-19 lows logged on March 23, 2020
According to analysts, domestic equities are attractive for foreign investors due to the higher returns. Also a rejig in some of the global indices has led to net inflows into domestic equities
Equity benchmark Sensex rallied over 500 points in opening trade on Friday, buoyed by gains in financial and IT stocks amid positive global cues. The 30-share BSE index was trading 503.28 points or 0.98 per cent higher at 51,782.79, and the broader NSE Nifty was quoting 144.35 points or 0.95 per cent up at 15,319.15. L&T was the top gainer in the Sensex pack, rising around 2 per cent, followed by ONGC, NTPC, HDFC Bank, SBI, IndusInd Bank, ICICI Bank, SBI, Infosys and TCS. On the other hand, Bajaj Auto, Sun Pharma, HUL and Maruti were among the laggards. In the previous session on Wednesday, the Sensex ended 254.03 points or 0.50 per cent higher at 51,279.51, and the Nifty rose 76.40 points or 0.51 per cent to 15,174.80. Markets remained closed on Thursday for Mahashivratri. Foreign institutional investors (FIIs) were net sellers in the capital market as they sold shares worth Rs 15.69 crore on Wednesday, as per exchange data. According to V K Vijayakumar, Chief Investment ...
At the closing bell, the BSE gauge quoted 254.03 points or 0.50 per cent higher at 51,279.51 - taking its three-session gains to 874.19 points or 1.73 per cent
In February, the bottom 33 Nifty companies in terms of P/E rose 17.3%, while top-tier P/E stocks shed 1.3%
10-year US Treasury yield crosses 1.5% again following Powell's comments
Analysts put the bond markets' volatility down to positions taken by some traders betting on the possibility of the US Fed tightening monetary policy