blue chips

Blue chip demand to help Sensex scale new peaks

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Blue chip demand to help Sensex scale new peaks

MUMBAI: After hitting new life-high levels in the previous week, the sensex and Nifty are expected to continue their northward movement this week on the back of strong buying in blue chips while mid and small-cap stocks could see some correction in the holiday-shortened week.In the previous week, boosted by India’s Oct-Dec GDP growth rate … Read more

Profit Estimates: Blue chips beat profit estimates as BFSI, carmakers drive growth

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Profit Estimates: Blue chips beat profit estimates as BFSI, carmakers drive growth

MUMBAI: Blue-chip companies logged strong performance during the September quarter and have beaten analyst expectations. Most smaller companies have performed in line with expectations, analyst research showed.Of the 50 Nifty stocks, 36 companies have declared results so far, and their net profit has jumped 35% over the previous year, a report by Motilal Oswal Financial … Read more