Nifty View: In the context of a broader market recovery, the Nifty decisively opened and closed above the 50 DMA. However, recent times have seen lower volume, and the daily trading range has shrunk to just 86.35 points. On Friday, it tested the 38.2% retracement level of the previous fall, aligning with our expectations from …
Indian stock markets had a roller coaster ride in the first week of October. For investors looking to make informed decisions, it’s essential to keep an eye on the top gainers and losers in the market. These can provide valuable insights into stocks or sectors that are performing well and ones facing challenges. Top gainers …
Market Overview Nifty has shown resilience by opening with a gap-up at 19,621.2 The bulls were in control of the market for most of the day, with the index hitting a new intraday high of 19,675.75 in the early afternoon. However, the bears pushed the index down from its intraday high. The index closed at …
The Nifty50, the most beloved and widely traded index in India, ended the week slightly up by 15 points compared to the previous week’s closing level of 19,638, concluding the day at 19,653. Observing today’s session, it opened the day at 19,621, which was 75 points up from its previous day’s closing level of 19,546. …
Likhitha Infrastructure Limited has delivered outstanding returns to its investors over the past three years, with its share price surging from Rs 68.45 on October 16, 2020, to Rs 327.50 on October 06, 2023, representing a remarkable increase of over 370% during this period. For investors, this translates into substantial growth, with an initial investment …
Whenever we scrutinise stocks listed in the Indian stock market, we analyse their performance during the COVID-19 pandemic. We assess how these stocks behaved, and the extent of their decline, and calculate the returns from their lowest point to their peak values. In this article, we will explore how various NSE indices performed during the …
Kalyan Jewellers India Limited has reported a quarterly update for Q2FY24 today. After the quarterly update today shares of the company have surged by over 11%. The company’s strong revenue growth in Q2FY24 was led by operating momentum in both India and the Middle East. It recorded consolidated revenue growth of 27% for the recently …
Bajaj Finance, primarily engaged in lending, boasts a diversified portfolio catering to retail, SME, and commercial customers across urban and rural India. Additionally, it accepts public and corporate deposits while offering a wide array of financial services. It operates as a non-banking financial company (NBFC), specializing in consumer finance, SME finance, commercial lending, and investment …
Indian headline indices demonstrated resilience as the Monetary Policy Committee (MPC) conformed to market expectations, choosing to maintain the status quo for the fourth consecutive time by keeping the policy repo rate unchanged at 6.5%. Notably, the real estate, consumer durables, and financial services sectors experienced substantial gains. In the broader indices, the majority of …
In 2015, when the banking sector faced an asset quality crisis, both of these banks were among the most severely affected by private sector banks. Around the same time, both ICICI and Axis experienced changes in leadership. What differentiated these changes were the circumstances surrounding them and the choices leaders made. While ICICI Bank retained …
