The broader markets also logged strong gains, with the Midcap index up 1.8 per cent and the Smallcap index adding up 1.1 per cent
New investors should make a staggered entry into markets with minimum 5-year time period and diversified exposure
Despite the current corrective phase in IT sector, the overall positive bias seems to be intact for these IT stocks as they hold crucial support levels
The DVRs carry lower voting rights but offer higher dividends
Sebi on Wednesday imposed a total fine of Rs 50 lakh on three entities and two individuals
At present, Fisdom operates a successful mutual fund distribution platform. The broking foray comes amid a frenzy to open new accounts underpinned by the buoyancy in the market
After rallying ahead of results, stock sees a steep 8.7% fall on Wednesday
CUMMINS INDIA is trading in a rising channel and is currently placed near the lower band of the channel signalling a near-term resurgence
Investors should observe maximum due diligence while investing in stock market and should not be carried away by stories of unrealistic gains, Sebi Whole Time Member G Mahalingam said
18,000 holds key for the bulls and as long as it is defended comfortably, the bulls have no reason to worry about
Inflation data and global trends would be the major driving factors for the equity markets this week which after a record-breaking run took a breather in recent trades, analysts said. The overall market sentiment remains positive, supported by improving economic data and earnings but higher valuations can trigger bouts of profit booking, they said further. During the last week, which the 30-share BSE benchmark rose by 175.12 points or 0.30 per cent. "Global cues will continue to impact our market's behaviour and there are some macroeconomic data lined up this week like China's industrial production, US inflation numbers. On the domestic front, wholesale price index (WPI) inflation for August 2021 is due on 14 September," said Santosh Meena, Head of Research, Swastika Investmart Ltd. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd also said that global cues would be actively tracked as fear of economic slowdown looms while Delta variant cases continue
Uncertainty over firm's over $300-bn debt load continues to plague investors
IPOs in the third quarter raised a total of about $94.6 billion, down 26.3% from the second quarter
Capital markets regulator Sebi on Wednesday imposed a penalty of Rs 3 lakh on Master Capital Services Ltd for flouting norms with respect to using National Stock Exchange's co-location facility. In its order, Sebi said the broker has connected to the secondary server connection roughly on 81 per cent or 256 days out of total around 317 trading days in the F&O segment during the period 2013 and 2014 (till April 7, 2014) even after emails from NSE. Therefore, Master Capital Services Ltd (MCSL) has violated the provisions of the NSE bye-law and code of conduct specified under stock brokers' rule, it added. NSE co-location team had sent an email in December, 2011 to MCSL, which stated that "members are not supposed to connect to secondary server until exchange intimates to do so". Further, the members can move to secondary source in case of non-availability of data from TBT (tick-by-tick) primary source, the email mentioned. Secondary server was provided by NSE in order to enable .
Escorts and Vodafone Idea can rally up to 25-30 per cent; while AU Small Finance Bank, Bank of Baroda and REC too can deliver double-digit returns.
The 60,000 mark is proving to be a volatile level for the Sensex. On the other hand, the Nifty50 index came within striking distance of the 18,000-mark in the preceding two trading sessions
Freak trades cause large price swings often because of mistakes in order entry, made worse by the freak trades triggering stop-loss orders
There is strong support for Sensex at 58,000-59,000 and Nifty at 17,000-17,300
The BSE Sensex made history on Friday by reaching the 60,000-mark for the first time ever.
By Lawrence White