F&O Stock Strategy: How to trade IHCL, Hindalco and Bharat Forge on Tuesday
As a broader market rally is expected, here are three stocks that have formed a strong setup for further rally on the charts giving a good risk-reward ratio.
Big movers on D-Street: What should investors do with ZEE, Lupin and Cyient?
Here’s what Avdhut Bagkar, Derivatives & Technical Analyst at StoxBox, recommends investors should do with these stocks when the market resumes trading today.
Poll Winds: A stable mandate’s a win-win for equity markets
In the three months before the elections, the index has returned 8% on average. The brokerage has excluded years of fractured mandates — 1989 and 1998 — from its study.
To beat red tape, FPIs keen to buy India debt tap supranational bonds
“Increase in these overseas issuances is driven by offshore investors seeking INR fixed income and foreign exchange exposure as a proxy to buying G-secs (government securities) via the FPI (foreign portfolio investment) route, without having to contend with local operational and taxation related aspects,” said Siddharth Bachhawat, head-markets at Barclays India.
Poll Vault: D-Street bulls cheer BJP feat in states
The Nifty gained 2.07%, or 418.90 points, to close at 20,686.80 after hitting a high of 20,702.65. The Sensex rose 2.05%, or 1,383.93 points, to close at 68,865.12, with the 70,000 mark in clear sight if the trend persists. Total market capitalisation shot up by ₹7.56 lakh crore (around $91 billion) on Monday.
JSW Infrastructure to buy majority stake in PNP Port for ₹270 crore
JSW Dharamtar Port, a wholly-owned subsidiary of JSW Infrastructure, has signed an agreement to purchase 50% of PNP Maritime Services, which is held by SP Port Maintenance, a Shapoorji Pallonji group company.
Gold tops Rs 64,000 per 10 gm; wedding demand takes a hit
The yellow metal touched Rs 64,200 per 10 gm on the Multi Commodity Exchange (MCX) in early morning trade, taking a cue from the international market. Silver, which is termed as a poor man’s gold, also rose to a new high at Rs 78,331 per kg on the MCX. At around 4 pm, gold was […]
D-Street surge raises India’s heft on MSCI gauge
With the addition of nine stocks on Friday, India’s representation on the MSCI’s Global Standard (Emerging Markets) index climbed to 16.27%, surpassing the earlier record set in October 2022 at 16.21%. Last month, India reclaimed the second position after displacing Taiwan. Currently, China has the highest weighting on the gauge – at 28%.
Vote of Confidence: Adani Group m-cap soars Rs 73,000 crore
The Gautam Adani-owned group’s market capitalisation surged by over ₹73,000 crore on Monday to ₹11.94 lakh crore, though this is still ₹7.26 lakh crore below the highs seen before January 24 this year.