What are ‘Modi stocks’? Global brokerage CLSA has this to say on these ‘outperformers’ ahead of Lok Sabha election results

What are ‘Modi stocks’? Global brokerage CLSA has this to say on these ‘outperformers’ ahead of Lok Sabha election results

Investors have identified a new group of stocks, dubbed “Modi stocks,” which are expected to benefit from the favorable policies of Prime Minister Modi’s government. These stocks go beyond the usual market leaders and include 54 companies within the F&O universe, says global brokerage firm CLSA. Half of these companies are PSUs, and the list … Read more

Stock market today: BSE Sensex dips over 300 points; Nifty50 below 22,800

Stock market today: BSE Sensex dips over 300 points; Nifty50 below 22,800

Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in red on Wednesday. While BSE Sensex dipped over 300 points, Nifty50 went below the 22,800 level. At 9:18 AM, BSE Sensex was trading at 74,864.70, down 306 points or 0.41%. Nifty50 was at 22,789.30, down 99 points or 0.43%.The stock market … Read more

Election creates Rs 26 lakh crore stock boom. All greed, no fear on D-Street?

Election creates Rs 26 lakh crore stock boom. All greed, no fear on D-Street?

With impatient investors unwilling to wait till the release of Lok Sabha election results on June 4 or even the exit poll on June 1, Sensex has rallied over 3,500 points since voting began in a Rs 26 lakh crore rally. Considering April 19’s low of 71,816.46, when voting for the first phase of Lok … Read more

Stock market today: BSE Sensex up over 100 points; Nifty50 near 23,000

Stock market today: BSE Sensex up over 100 points; Nifty50 near 23,000

Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, moved up in trade on Tuesday. While BSE Sensex surged over 100 points, Nifty50 was near 23,000. At 9:21 AM, BSE Sensex was trading at 75,505.13, up 115 points or 0.15%. Nifty50 was at 22,972.00, up 40 points or 0.17%.On Monday, Indian benchmark indices … Read more

Stock market today: BSE Sensex surges 200 points to hit fresh high; Nifty50 above 23,000

Stock market today: BSE Sensex surges 200 points to hit fresh high; Nifty50 above 23,000

Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, climbed new highs in opening trade on Monday. While BSE Sensex surged 200 points, Nifty50 was above 23,000. At 9:19 AM, BSE Sensex was trading at 75,589.95, up 180 points or 0.24%. Nifty50 was at 23,004.85, up 48 points or 0.21%.On Friday, the … Read more

Dalal Street braces for volatility as Lok Sabha elections enter last leg

Dalal Street braces for volatility as Lok Sabha elections enter last leg

MUMBAI: Dalal Street investors are likely to face volatility this week with the final phase of Lok Sabha elections ending on June 1. Foreign investors may continue selling despite the booster from RBI’s record Rs 2.1 lakh crore dividend to govt even as domestic institutions are seen supporting the market, as has been the trend … Read more

OTM indicates 19% chance of Nifty closing above 24K by June 6, says Sudeep Shah of SBI Securities

OTM indicates 19% chance of Nifty closing above 24K by June 6, says Sudeep Shah of SBI Securities

With the ongoing buzz around the Lok Sabha election results, markets are still witnessing strong volatility. India vix stood above 21 as of May 24. However, the week ended in green, with Nifty and Sensex only rising each day while closing near their all-time high zones. With a progressive movement and the indices constantly achieving … Read more

Stock market today: BSE Sensex near 75,500 level; Nifty50 shy of 23,000

Stock market today: BSE Sensex near 75,500 level; Nifty50 shy of 23,000

Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in red but within minutes reversed losses to trade in green. At 9:22 AM, BSE Sensex was at 75,492.93, up 75 points or 0.099%. Nifty50 was at 22,978.55, up 11 points or 0.047%. Indian equity markets hit an all time closing high … Read more

Stock market today: BSE Sensex and Nifty50 trade flat; 30-share index around 74,200

Stock market today: BSE Sensex and Nifty50 trade flat; 30-share index around 74,200

Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, started Thursday on a flat note. BSE Sensex was around 74,200 and Nifty50 near 22,575. At 9:20 AM, BSE Sensex was trading at 74,219.56, down 1.50 points and Nifty50 was at 22,589.90, down 8 points.On Wednesday, domestic stock markets experienced sideways trading throughout … Read more

Stock market today: BSE Sensex opens 100 points up; Nifty50 near 22,530

Stock market today: BSE Sensex opens 100 points up; Nifty50 near 22,530

Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Wednesday. BSE Sensex moved up over 100 points and Nifty50 was above 22,530. At 9:19 AM, BSE Sensex was trading at 73,988.18, up 35 points or 0.047%. Nifty was at 22,538.85, up 10 points or 0.043%.On Tuesday, the benchmark index … Read more