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Source: Business Standard 3 min read Last Updated : Sep 26 2024 | 3:52 PM IST Mutual funds’ search for debt fund alternatives has now reached the fund of fund (FoF) space. At least two fund houses — HDFC and Aditya Birla Sun Life (ABSL) — have sought the regulator’s go-ahead to launch FoFs…
Source: Business Standard 4 min read Last Updated : Sep 26 2024 | 2:34 PM IST Shares of automobile companies were in demand on Thursday’s trading session, with the BSE Auto index hitting a record high of 61,540. The index gained nearly 2 per cent in intra-day trades to extend its upward movement after the…
Source: Live Mint Global brokerage house Phillip Capital, in a recent note, observed that it has witnessed sectoral shifts within the Nifty and broader Indian equity markets, focusing on changes over both long and short terms. According to the report, investment-oriented sectors, including cement and building materials, gained considerable traction post the Covid-19 pandemic and…
Source: Business Standard 4 min read Last Updated : Sep 26 2024 | 12:20 PM IST Shares of Newgen Software Technologies hit a new high of 1,547.20, surging 19 per cent on the BSE in Thursday’s intra-day trade amid heavy volumes on expectation of higher revenue growth. In two weeks, the stock price of the…
Source: Live Mint Indian markets scaled a fresh all-time high for the sixth consecutive session on Thursday, September 26, driven by positive global sentiment and robust domestic inflows. During today’s intra-day trading, the Nifty climbed 84 points to hit a new peak of 26,087, while the Sensex surged 293 points to a record high of…
Source: Business Standard The uptrend was signalled by GIFT Nifty futures that were trading about 50 points higher than Nifty futures’ last close, at 25,998.2, around 7:15 AM. 4 min read Last Updated : Sep 26 2024 | 7:35 AM IST Share market today, Thursday, Sept 26: Indian equity benchmark indices, NSE Nifty50 and…
Source: Business Standard Stock Market, BSE, Nifty, Capital(Photo: Shutterstock) 2 min read Last Updated : Sep 26 2024 | 6:26 AM IST Nifty IT Index: Bearish Trend with Selling Pressure The Nifty IT Index is currently exhibiting a bearish trend in the near term. A close below 41,600 would trigger additional selling pressure,…
Source: Business Standard 2 min read Last Updated : Sep 26 2024 | 6:28 AM IST Market View Nifty: CMP: 26,004.15 Markets experienced a volatile session but managed to extend their upward trend, with a sharp rally in the last half hour pushing Nifty to close near the day’s high at 26,004.15….
Source: Live Mint Following the recent lifting of RBI restrictions on its gold loan business, global brokerage house HSBC upgraded IIFL Finance stock to ‘hold’ from ‘reduce.’ HSBC also raised the stock’s target price to ₹540 from ₹350 earlier, implying an 8 percent upside potential. HSBC also upgraded its FY25-27 EPS estimates by 6 percent…
Source: Live Mint The bulls are showing no signs of backing down. Despite a weak start, they staged a strong comeback in the final hour of trading today. This resurgence has driven both the Nifty 50 and the Sensex to hit new milestones, marking their fifth consecutive session of gains. The Nifty 50 surged by…
