Telecom among top 5 sectors that led FPI inflows since January
Trendlyne data shows that telecom cornered the biggest chunk of FII inflows from January 2024 till May 15, 2024.
Technical Breakout Stocks: How to trade JSW Infrastructure, Coromandel International & Power Finance Corporation on Thursday
The S&P BSE Sensex fell over 600 points while the Nifty50 closed at 22,704. Buying was seen in utilities, power, healthcare, and telecom stocks while IT, oil & gas and banks saw some selling. JSW Infrastructure rose over 2%
Tech View: Dark cloud pattern seen on Nifty charts. What traders should do on Thursday expiry
Nifty on Wednesday ended 183 points lower near the 22,700 level as the index formed a dark cloud cover candlestick pattern on the daily chart.
AI darling Nvidia’s market value surges closer to Apple
Nvidia’s shares surged 6% to a record high, nearing Apple’s market value of $2.9 trillion. The AI chipmaker’s stock hit $1,128, up 8% during the session, driven by strong second-quarter revenue forecasts and a stock split.
Long-term investment in Bitcoin remains promising despite market volatility, says Kumar Gaurav of Cashaa
Kumar Gaurav, Founder and CEO of Cashaa, discussed the impact of factors like escalating crude oil prices and potential interest rate changes by the Federal Reserve on Bitcoin and speculative assets in an interview with ETMarkets. Gaurav says: “We are launching our earn, borrow, spend and store wallets in seven regions including Europe, UAE, India, […]
Campus Activewear shares rally 13% after Q4 results. Should you buy, sell or hold?
The company also posted a 4.6% YoY increase in revenue at Rs 363.9 crore while the EBITDA rose by 16% at Rs 66.4 crore vs Rs 57.1 crore in the fourth quarter last year.
India’s equity rally hinges on Modi bettering 303-seat tally
Indian stocks’ performance is closely tied to the Bharatiya Janata Party’s election success. A Bloomberg News survey suggests that if the party wins over 303 seats, stocks could rally; otherwise, a drop is expected.
Hindalco shares surge 2% after company arm Novelis files 45 million shares in IPO
Hindalco’s shares surged 2% on the BSE during Wednesday’s trading session, reaching a peak of Rs 695 for the day. This rise followed news that its subsidiary, Novelis, had filed to offer 45 million shares in its US initial public offering (IPO), with a price range of $18 to $21 per share.
Hot Stocks: Brokerage view on LIC, Suzlon Energy, Inox Wind and Hindalco
Investec brokerage firm upheld its buy recommendation for Hindalco, while Nuvama initiated coverage on Inox Wind and Suzlon Energy with buy ratings, respectively. Goldman Sachs has given LIC a neutral rating following its Q4 results.
F&O stocks to buy today: Exide, Asian Paints among top 6 trading ideas
Indian market likely to trade lower on Wednesday with Nifty future closing negative at 22,925 levels. India VIX up by 4.36%. Options data suggests broader trading range between 22,500 to 23,300 zones.