Author: India

Marwadi Shares and Finance Ltd CEO Keval Bhanushali is not surprised by the rise in the US bond yields that are giving the market the jitters. The Federal Reserve balance sheet had assets of around $ 7.4 trillion in February 2021 against $ 4.2 trillion in the year-ago period and this is where the $ 3 package […]

PNC Infratech and Kalpataru Power are our top picks in the Infrastructure space while JK Lakshmi Cement and Somany Ceramics are our top picks in cement and building material space, Roy said ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else […]

The largest players in the private lending space such as ICICI Bank, HDFC Bank, and Kotak Mahindra Bank are going to get benefitted as they have a large retail client base, says Garg. Private sector banks which are on a firm footing could well get re-rated after the government allowed to participate in government businesses. […]

Nimish Shah of Waterfield Advisors feels this is the right time to remove the laggards from the portfolio, irrespective of the sector, and is also the right time to trim the portfolio tail to have a reasonable allocation to good quality companies and fund managers. “Good quality businesses with competitive advantage and strong visibility on […]

Experts feel if the Nifty50 continues to hold the psychologically important 15,000-mark, then fresh record highs are possible in the coming sessions. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; var url = ‘//www.moneycontrol.com/mccode/common/saveWatchlist.php’; $ […]

The market rally continued on February 25 on positive global cues, with the Nifty ending the February F&O series near the 15,100-mark. At close, the Sensex was up 257.62 points, or 0.51 percent, at 51,039.31 and the Nifty was up 115.40 points, or 0.77 percent, at 15,097.40. Except FMCG, other sectoral indices ended in the […]

Hindustan Copper has hit fresh 52-week high surging almost 50 percent in the last 3 days while PSU banks including Bank of Maharashtra and Indian Overseas Bank rallied on the back of positive news flow of privatisation of PSU banks. Ladderup Finance | Promoter entity Quiet Enterprises LLP increased stake in the company to 31.35 […]

Indian equities logged sharp gains in the last hours of the trade once trading resumed after being halted due to a technical snag on the National Stock Exchange (NSE) on February 24. Gains were led by private bank stocks such as Axis Bank, HDFC Bank and ICICI Bank. Finance Minister Nirmala Sitharaman’s statement that private […]

ITI | The company reported loss at Rs 31.76 crore in Q3FY21 against profit Rs 168.25 crore in Q3FY20, revenue fell to Rs 496.88 crore from Rs 827.95 crore YoY. After a steady September quarter, December quarter results cemented hopes of a broad-based recovery in the earnings trajectory of India Inc. A sharp demand recovery, […]

There is no “one-size-fits-all” concept in the financial world, and each investor has to weigh in his risk capacity, timeline, goals, and investible surplus before he decides the right choice of asset mix that suits his portfolio, Tarun Birani, Founder and CEO, TBNG Capital Advisors said in an interview with Moneycontrol’s Kshitij Anand. Here are […]

The market ended flat in a highly volatile session on February 23. At close, the Sensex was up 7.09 points, or 0.01 percent, at 49,751.41, and the Nifty was up 32.10 points, or 0.22 percent, at 14,707.80. The nifty Metal index rose nearly 4 percent, while energy and infra indices added 1-2 percent each. Broader markets […]

Rakesh Jhunjhunwala Rakesh Jhunjhunwala on February 23 said that Nifty50 could reach 90,000-1,00,000 levels by 2030. This means a 580 percent upside from current levels! The bold prediction by the big bull of Dalal Street is on the back of the changing landscape of the Indian economy. This is not the first time Jhunjhunwala has given such an optimistic outlook. In […]

Nifty50 climbed crucial psychological levels post Budget 2021, thanks to positive global cues, strong pro-growth Budget, and consistent buying by foreign institutional investors (FIIs). The Nifty50 climbed 15,400 to hit a fresh record high of 15431.75 on February 16 but since then bears have taken control of D-Street. The index slipped by 756 points or […]

Stocks like Happiest Minds which hit a fresh 52-week high rose by nearly 4 percent, Vedanta rose nearly 7 percent, and Hindalco closed with gains of over 2 percent in an overall weak market on Monday. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ […]

Indian market closed in the red for the fifth consecutive day in a row on February 22 pushing benchmark indices below crucial support levels. The S&P BSE Sensex plunged by more than 1,100 points while the Nifty50 was down by more than 300 points. Let’s look at the final tally on D-Street – the S&P BSE […]