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Source: Live Mint As many as 287 stocks, including ITC, Mahindra and Mahindra (M&M), NTPC, Bajaj Finserv, Bajaj Auto, JSW Steel, Nestle, Sun Pharma and UltraTech Cement, hit their fresh one-year highs in intraday trade on BSE on Friday, September 27, even as Indian stock market benchmarks, the Sensex and the Nifty 50, ended in…
Source: Live Mint Indian stock market indices, Sensex and Nifty 50, have been hitting record highs led by positive momentum in the global equities that gathered pace after the US Federal Reserve’s outsized interest rate cut last week. On Thursday, the Sensex hit a fresh record high of 85,930.43 before closing 666.25 points, or 0.78%,…
Source: Live Mint The combined market capitalization of six of the top 10 most valuable companies surged by ₹1,97,734.77 crore last week, with ICICI Bank and HDFC Bank emerging as the top gainers, in line with positive trends in equities. The BSE benchmark rose by 1,653.37 points or 1.99 per cent over the week. On…
Source: Live Mint Nine of the top ten most valuable firms collectively added ₹2,01,552.69 crore to their market valuation last week, with Bharti Airtel leading the charge amid a positive investor sentiment in equities. During the same period, the BSE benchmark surged by 1,707.01 points, or 2.10 percent, reaching a record high of 83,116.19 on…
Source: Live Mint Stocks to buy: The recent gains in FMCG stocks, including ITC, Hindustan Unilever (HUL), and United Spirits, have caught investors’ attention. The sector’s prospects look bright due to a better-than-expected monsoon, signs of revival in rural consumption, and growing consumer interest in premium products. Over the last three months, the Nifty FMCG…
Source: Business Standard 3 min read Last Updated : Sep 12 2024 | 6:28 AM IST Market View Nifty: CMP: 24,918.45 Markets traded with volatility, losing nearly half a percent as the consolidation phase continued. The first half of the session was subdued, with the Nifty inching higher but failing to surpass…
Source: Live Mint Buy or sell: The Nifty index concluded the week at 24,852, settling comfortably within the anticipated support zone of 24,800-24,900. Throughout the week, the index demonstrated notable volatility, oscillating between 24,800 and 25,400. The consistent close above the key support level of 24,600 suggests that the bullish trend may persist, with the…
