Distillers led a decline in the benchmark CSI 300 Index after it was reported that liquor producers will meet the regulator over market order
Shares of Robinhood Markets Inc tumbled 12% on Thursday, after the owner of the app warned that the trading frenzy among small-time investors that boosted its second-quarter revenue would slow down
Retail investors seem to be the real spice of the IPO frenzy, with surging number of applications and record over-subscriptions making the new listings-platter more than full on the Dalal Street
Baidu Inc. and NetEase Inc. fell more than 5% while Tencent Holdings Ltd. dropped 4.1%.
Investors' wealth jumped Rs 3,48,431.23 crore as the market rally continued for the second straight session on Friday, with the BSE Sensex closing above the 55,000-mark for the first time. The 30-share BSE benchmark gained 593.31 points or 1.08 per cent to close at 55,437.29. During the day, it rallied 643.81 points to its intra-day lifetime record of 55,487.79. On Thursday, the benchmark had closed 318.05 points or 0.58 per cent higher. Following the two-day rally in equities, the market capitalisation of BSE-listed companies climbed Rs 3,48,431.23 crore to reach its all-time high of Rs 2,40,23,280.14 crore. "Enthusiastic retail participation has given momentum to the market enabling it to reach higher levels. Also, the rally has global support with the Dow and S&P 500 setting new records. "A healthy feature of today's rally is that it is led by high-quality blue-chips in performing sectors like IT, financials and telecom," said V K Vijayakumar, Chief Investment Strategist at ...
A quick calendar year-to-date price check on the stocks from the categories put under 'Add-on Price Band Framework' by the BSE reveals a total of 210 stocks have seen their price more than double
Avoiding markets is not a good idea. One should stay invested and selectively look at quality stocks and exit the weaker ones, he advises
In a reversal of rising trajectory after many months, BSE smallcap and midcap indices on Tuesday faced severe drubbing as they tumbled up to 2 per cent on profit-booking by investors
Here are trading strategies for key private and public sector bank stocks
Shares of Tata Chemicals on Friday jumped nearly 10 per cent after the company reported a multi-fold jump in consolidated net profit for the June quarter. The stock gained 9.70 per cent to its 52-week high of Rs 844 on BSE. On NSE, it jumped 9.71 per cent to its 52-week high of Rs 844. Tata Chemicals on Thursday reported a multi-fold jump in consolidated net profit at Rs 342.33 crore for the June quarter, helped by a rebound in soda ash volumes in the US and India. The company's consolidated net profit stood at Rs 74.15 crore during the corresponding quarter of 2020-21, Tata Chemicals said in a BSE filing. Income from operations grew by 27 per cent to Rs 2,977 crore from Rs 2,348 crore in the year-ago period. This was mainly due to rebound in soda ash volumes in the US and India, the company added.
In spite of a stellar run last year, India's retail participation is around the 4 per cent mark, unlike the US and China, where participation is 32 per cent and 11 per cent, respectively, he said
A severe third wave of the Covid pandemic, he says, is not priced into investor expectations at this time
Shares of pharma firm Dr Reddy's Labs have rallied about 15% after losing steam
The number of people in financial markets has been growing, especially due to mobile trading, BSE Chairman Ashishkumar Chauhan said on Thursday
Spot gold was up 0.4% at $1,806.00 per ounce, as of 0328 GMT. US gold futures rose 0.4% to $1,806.90
Equity benchmark Sensex surged over 150 points in early trade on Tuesday, tracking gains in index majors HDFC Bank, ICICI Bank and Tata Steel amid a positive trend in global markets. The 30-share BSE index was trading 155.51 points or 0.29 per cent higher at 53,007.78 in initial deals, while the broader NSE Nifty rose 48.15 points or 0.30 per cent to 15,872.60. Tata Steel was the top gainer in the Sensex pack, rising more than 1 per cent, followed by ICICI Bank, HDFC Bank, IndusInd Bank, Maruti, Titan and SBI. On the other hand, Axis Bank, L&T, HCL Tech, Nestle India and HDFC were among the laggards. In the previous session, Sensex ended 123.53 points or 0.23 per cent lower at 52,852.27, and Nifty slipped 31.60 points or 0.20 per cent to 15,824.45. Foreign institutional investors (FIIs) were net sellers in the capital market as they offloaded shares worth Rs 2,376.79 crore on Monday, as per provisional exchange data. Domestic markets look to be modestly good as of now. Notably, .
The minimum return should be double the risk involved. ATR facilitates in identifying such stocks by studying the entry and exit levels.
ITC has certainly provided a trend line breakout on all time frames and is anticipated to surge higher
Overcoming a choppy start, the Sensex ended 138.59 points or 0.26 per cent higher at 52,975.80. On similar lines, the broader Nifty advanced 32 points or 0.20 per cent to finish at 15,856.05
Almost 75-80 per cent of our customers are under 35 years in age, largely first-time investors and come from tier-2 and tier-3 cities, he said.