GIFT Nifty on the NSE IX traded 75.5 points, or 0.35 per cent, higher at 21,415.5, signaling that Dalal Street was headed for positive start on Friday. Here’s a slew of stocks that will be in focus today for various reasons. Vedanta A Board meeting of Vedanta is scheduled on December 19 to consider issuance … Read more
Mumbai: Jindal Stainless, Punjab National Bank, BHEL, and Oberoi Realty are anticipated to be included in the MSCI Standard index during the February 2024 index reconfiguration, as per estimates by Nuvama Alternative & Quantitative Research. These four stocks could potentially witness inflows ranging between $140 million and $150 million each if included in the MSCI … Read more
The Indian market is likely to trade higher on Friday tracking positive global cues. The Nifty future closed negative with losses of 0.03% at 21033 levels on Thursday. India VIX was down by 7.77% from 13.74 to 12.67 level. Volatility cooled off from higher zones and indices remained afloat at higher zones. Positive setup was … Read more
Mumbai: Investors in Bharat Heavy Electricals (BHEL) have reasons to be happy with the stock more than doubling so far in 2023 to an eight-year high but the more seasoned on Dalal Street are watching the run-up with a dash of cynicism. They do not want a repeat of 2007-08 – the peak of the … Read more
Equity markets rose for the fifth consecutive week driven by strong GDP data and a bullish trend seen in global markets. Return of FIIs, multiple upgrades of India’s economic growth by global firms, added to the overall positivity, analysts said. The IPO market also continued its momentum, which has seen five listings and out of … Read more
Indian market is likely to trade higher on Friday tracking positive global cues and strong Q2 GDP data. The Nifty future closed positive with gains of 0.01% at 20134 levels on Thursday. India VIX was down by 0.16% from 12.70 to 12.69 levels. Volatility slightly inched higher and then fell which created momentum for the … Read more
Benchmark indices settled with marginal gains on Thursday in a highly volatile trade. The 30-share BSE Sensex closed 86 points higher at 66,988 and the broader Nifty edged up 36 points to close at 20,133. Stocks that were in focus included names like BHEL, which rose 3.36%, GAIL, which jumped 4.77%, and Hudco, whose shares … Read more
The Indian market is likely to trade higher on Tuesday tracking positive global cues. The Nifty future closed negative with losses of 0.22% at 19825 levels on Friday. India VIX was up by 0.09% from 11.31 to 11.33 levels. Volatility slightly cooled off and comforted the bulls, but momentum was clearly missing. Positive setup was … Read more
Nifty is anticipated to trade within a range, and a move above 19,900 could trigger an extended rally possibly to new life highs, according to technical analysts. Conversely, in the event of profit booking, initial supports may emerge around 19,500-19,400. Stocks such as Bharti Airtel, Bajaj Auto, NTPC, Jindal Stainless, RIL, Lupin, BHEL, Divi’s Lab, … Read more
The Indian market opened flat on Monday tracking muted global cues. India VIX was up by 1.55% from 11.64 to 11.83 levels on Friday. Volatility was slightly higher but overall bulls were holding the grip at support zones. The Fin Nifty Index opened a gap-down by more than 200 points on the back of RBI’s … Read more