Bajaj Group fifth Indian conglomerate to cross Rs 10 lakh crore market cap
The conglomerate’s flagship company Bajaj Finance rose 12% so far this year, while shares of Bajaj Finserv have risen 9%. Bajaj Finance is leading with the highest market cap of 4.57 lakh crore among the group firms, followed by Bajaj Finserv and Bajaj Auto.
Do not expect any big rally till the elections but a 8-10% rally can happen in a few weeks: Porinju Veliyath
“India presents an unparalleled long-term opportunity for equity investors today that conviction is what is making the money flow into the market. We have numerous structural trends such as young demographics, massive infrastructure built up, digitization, formalization of the economy, growing financial inclusion and the alternative sourcing hub India is becoming for the global industries, […]
Zuckerberg sells first Meta shares in two years after 172% surge
Meta surged 172% this year through the end of November, outperforming all major US tech companies other than Nvidia Corp. That’s helping to maximize the proceeds for Zuckerberg’s activities outside Meta, which include venture capital, scientific research and impact investments.
Tech View: Nifty breaks major hurdles post BJP victory; what’s the trade set-up for Tuesday?
“The huge opening upside gap of Monday remains unfilled. Technically, this pattern indicates strong upside momentum and a decisive upside breakout of the previous top at 20200 levels,” said Nagaraj Shetti, technical research analyst, HDFC Securities.
Govt to run pilot for growth hubs programme in four cities: MoS Rao Inderjit Singh
Mumbai Metropolitan Region (MMR), Varanasi, Surat and Visakhapatnam have been identified for running the pilot under the Growth Hubs programme, minister of state for planning Rao Inderjit Singh said in response to a question in Rajya Sabha on Monday.
Assembly election result: FII dollars may power megacap stocks to beat madcap rally
FIIs who had been bothered by the Indian market’s rich valuations and were hoping for a correction to build more substantial positions in the market may see those hopes evaporating, leaving them with the unsavory choice of either staying out of a market that may not correct or may continue to do well or entering […]
Madness love drives upto 986% gains in smallcap stocks; will this craze last or fade?
Year-to-date, the S&P BSE Midcap and Smallcap indices have given over 36% and 40% returns, respectively, whereas the benchmark Sensex has given around 11% returns.
Chart Check: 20% rally in 3 months! This PSU bank hits a fresh 52-week high; should you buy or book profits?
Short-term traders can look to buy the stock for a target of Rs 432 in the next 3-4 weeks, suggest experts.
User login issues into Kite web resolved, says Zerodha Broking
“Some of our users were facing issues with logging into Kite web and adding instruments to the marketwatch. These issues are resolved. We regret the inconvenience caused,” the broking firm said in its tweet.
Modi’s win in state polls seen boosting case for India inflows
Portfolio managers say the results will ensure policy continuity and lift prospects for the stock market as international investors become more confident in their India allocations ahead of national elections. Jefferies Financial Group Inc. sees cyclical stocks benefiting the most from the outcome of the polls while Nuvama Wealth Management says it has become more […]