The FinTech Hub
Source: Live Mint The combined market capitalization of nine out of the top 10 most-valued companies surged by ₹3,06,243.74 crore last week, driven by a bullish trend in equities. ICICI Bank and Bharti Airtel emerged as the biggest gainers. During the same period, the BSE benchmark index jumped 3,076.6 points (4.16%), while the NSE Nifty…
Source: Live Mint At first glance, it appears that the worst may be over for the Indian stock market. After five consecutive months of losses, the benchmark Nifty 50 index has risen nearly 6% in March. This sharp rebound can be attributed to attractive valuations, improving macroeconomic conditions, and declining foreign capital outflows. Nifty 50…
Source: Live Mint Buy or sell: Broader indices underperformed major indices due to concerns over U.S. tariffs. The IT sector experienced the most significant decline, losing nearly 6% during the week. Mid-cap and small-cap indices shed approximately 2-4%, while Nifty and Bank Nifty recorded losses of 0.9% and 1.07%, respectively. Weekly Trading Overview As anticipated…
Source: Live Mint The combined market valuation of seven of the top 10 most valuable companies increased by ₹2,10,254.96 crore last week, with Reliance Industries and Tata Consultancy Services (TCS) leading the gains. During the same period, the BSE Sensex rose by 1,134.48 points (1.55%), while the NSE Nifty climbed 427.8 points (1.93%). Reliance Industries’…
Source: Live Mint Bank of America (BofA) Securities has projected that the Nifty 50 index could reach 25,000 by December 2025, highlighting its attractive valuations following recent corrections. This forecast suggests a potential upside of approximately 11 percent from its current level of 22,545. Despite this optimism, BofA remains conservative regarding earnings expectations, positioning its…
Source: Live Mint The combined market capitalization of eight out of the top 10 most valuable companies declined by ₹3,09,244.57 crore in a holiday-shortened week, with Tata Consultancy Services (TCS) experiencing the steepest drop amid a broader bearish trend in the stock market. During the past week, the BSE Sensex plummeted by 2,112.96 points (2.80%),…
Source: Live Mint Market update: Nifty and Nifty Bank analysis for 27 February On Thursday, the market started on a positive note with a gap-up opening, but this optimism was short-lived as selling pressure took control. Nifty struggled to sustain its gains, with every attempt at recovery being met with aggressive selling, signaling bearish dominance….
Source: Live Mint Stock Market News: The main domestic stock indices, Nifty 50 and Sensex, finished on a mixed note on Tuesday, with the Sensex registering a modest increase while the Nifty 50 ended lower. The Sensex gained 147.71 points, concluding at 74,602.12, whereas the Nifty 50 fell by 5.80 points to close at 22,547.55….
Source: Live Mint Two stocks recommended by MarketSmith India Sundaram Finance Ltd: Current market price: ₹ 4,689.70 | Buy range: ₹ 4,600-4,720 | Profit goal: ₹ 5,570 | Stop loss: ₹ 4,280 | Timeframe: 2–3 months Narayana Hrudayalaya Ltd: Current market price: ₹ 1,367.80 | Buy range: ₹ 1,340-1,380 | Profit goal: ₹ 1,630 |…
Source: Live Mint The combined market valuation of eight of the 10 most valued domestic firms eroded by ₹2 lakh crore last week, with Reliance Industries taking the biggest hit in line with a bearish trend in the broader stock market. Equity benchmark indices Sensex and Nifty extended their downward trend to the eighth day…
