Avoid Nifty Metals and Realty amid market volatility: Jai Bala
But I think that until that point you want to retain your patience. But from this point onwards sectorally you might want to know which sector you want to avoid. From that point, I would say definitely Nifty Realty is an avoid.
New thematic schemes keep net equity fund inflows firm in August
The buy-to-sell ratio of equity funds in India hit an 18-month high of 2.1 in August, driven by new fund offers from sector funds. Sector/thematic NFOs reported significant net inflows, contributing to a total equity fund inflow of ₹1,15,960 crore. Sector funds now hold the highest assets under management among all equity fund categories.
D-Street sees new highs as Beijing homes in on mortgage rate cut
India’s key stock indices surged nearly 2% to all-time highs on Thursday, driven by China’s decision to cut interest rates on mortgages. The Sensex briefly crossed 83,000, led by gains in Bharti Airtel, NTPC, Mahindra & Mahindra and JSW Steel. The NSE Nifty also saw significant gains, closing at a record high.
These 12 midcap stocks hit fresh 52-week highs; rallied up to 27% in a month
Hitting a 52-week high signals a stock’s peak performance over the past year, offering traders and investors crucial information for decision-making.
Berkshire Hathaway’s Ajit Jain sells more than half his stake in co for $139 million: Report
Berkshire Hathaway’s Vice Chairman Ajit Jain has sold more than half of his stake in the company, garnering $139 million, according to a media report.
Breakout Stocks: How to trade Zomato, FDC and IndiGo tomorrow
Indian market which started on a muted note on Thursday tracking mixed global cues recouped losses and hit fresh record highs. The S&P BSE rallied more than 1,300 points while the Nifty50 closed above 25,300 levels.The S&P BSE Sensex hit a record high of 83,116 while the Nifty50 touched a record high of 25433 on […]
Mutual Fund AUM at all-time high of Rs 66.70 lakh crore in August: AMFI
The mutual fund industry’s AUM reached a record Rs 66.70 lakh crore, driven by net inflows and equity market gains. Growth/equity schemes hit an all-time high of Rs 30.09 lakh crore. Sectoral/thematic funds saw the highest inflows, largely from new fund offers.
Bharti Airtel, Shriram Finance among 7 Nifty50 stocks hitting new 52-week highs on Thursday
Indian stock markets hit new highs on Thursday, driven by rising commodity stocks and hopes of Chinese interest rate cuts, with seven Nifty50 stocks also reaching new 52-week highs.
Sebi asks exchange, other market infra institutions to ensure minimal data loss
Markets regulator Sebi on Thursday asked stock exchanges and other market infrastructure institutions (MIIs) to ensure that the Recovery Point Objective (RPO) — the maximum period for which data loss is tolerable due to a technical glitch or disruptions — is near zero.
Tech view: Nifty breaches 25,200 crucial resistance, forms long bull candle. How to trade on Friday
The Nifty formed a bullish engulfing candle as the bulls took charge towards the end of the day and lifted the indices to a new high, mirroring global trend. The rate-cut optimism has provided a positive impetus to the global market.