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Source: Live Mint View Full Image Source: TradingView AB Infrabuild operates in the infrastructure and construction sector, which has seen robust growth due to government initiatives and increased spending on urban development projects. The company’s stock has delivered impressive returns, with a 113% gain over the past year, outperforming its sector peers. In the December…
Source: Live Mint It takes years to build trust, but just seconds to break it. No one knows this better than IndusInd Bank Ltd’s investors as they see the bank’s stock crumble amid back-to-back negative developments. On Monday, after market hours, the private sector lender informed the stock exchanges about discrepancies in its derivatives portfolio…
Source: Live Mint The Nifty 50 index fell 43.40 points (-0.18%) to close at 23,559.95, while the Bank Nifty dropped 223.25 points (-0.44%) to settle at 50,158.85. View Full Image (Source: TradingView) Sectoral trends reflected mixed sentiment—PSU Banks (-1.38%), FMCG (-1.30%), and Oil & Gas (-0.90%) saw notable declines, while Metal (+2.66%), Auto (+0.69%), and…
Source: Live Mint Nifty 50 on 6 February Nifty 50 closed 93 points lower at 23,603.35 on Thursday, a day ahead of the outcome of the Reserve Bank of India’s (RBI) monetary policy meeting, where expectations point to a 25 basis points repo rate cut to 6.25%. The index had opened on a positive note…
Source: Live Mint However, due to the monthly F&O expiry, the index witnessed some volatility and closed near the day’s high at 23,249.50. As a result, the index formed a bullish candle with a higher-high and higher-low price structure. Barring FMCG, all major sectoral indices closed higher. The broader market participated in the rally as…
Source: Live Mint Nifty 50 on 29 January: A recap The Nifty 50 extended its winning streak for a second straight session, closing 206 points higher at 23,163.10. Tracking positive global cues, the index opened strong at 23,026.75 and maintained its bullish momentum throughout the session. Optimism surrounding global tech stocks and anticipation of the…
Source: Live Mint Nifty 50 on 27 January: A recap The Nifty 50, India’s benchmark index, extended its losing streak for a second consecutive session on Monday, 27 January, closing below 22,829.15. The index opened the day with a gap-down at 22,940 and remained range-bound between 22,786 and 23,007. The broad-based selloff was driven by…
Source: Live Mint Indian Stock Market: A strong rally in banking and metal stocks has propelled the Indian markets to close higher at the end of Monday’s session (January 20). Apart from the strong earnings reported by Kotak Mahindra Bank and IT major Wipro, positive global cues also supported the bulls during the session. Read…
Source: Live Mint The Securities and Exchange Board of India (Sebi) may revise the ₹500-crore exposure or open interest limit each in index futures and options introduced for institutional investors—foreign portfolio investors and mutual funds—after the covid-19 outbreak in March 2020. The markets regulator proposes to change the methodology for measuring open interest (OI), the…
Source: Live Mint Nifty and Bank Nifty Analysis The benchmark stock index Nifty opened flat at 23,689.50 and closed at 23,526.50 on Thursday. Nifty50 declined by 0.69%, with the Nifty Realty Index (-2.73%), Nifty Energy (-2.03%), and Nifty Alpha 50 Index (-1.93%) dragging the market down. Meanwhile, the BSE Sensex dropped 0.68%, closing at 77,620.21….
