Nifty Smallcap and Midcap indices have managed to register fresh all-time highs on closing basis, Devarsh Vakil, Deputy Head of Retail Research at HDFC Securities, said on Tuesday.
Category: social-media
WhatsApp scam calls back to haunt Indian users, this time from US
WhatsApp users in India on Saturday witnessed a new wave of scam where cyber-criminals started calling people on the platform from fake US numbers, pretending to be their senior office executives and colleagues, thus trying to give their modus operandi a new level of authenticity.
Nifty, Sensex extend losing streak for 5th week
Swayed by global markets, Indian equities opened lower and witnessed a choppy session on Friday, to close the day with a cut of 121 points for Nifty while Sensex fell by 365 points.
India's growth rate expected to be highest in near future: Finance Secretary
India's growth rate is expected to be the highest in the near future, which will make it one of the biggest development opportunities, Finance Secretary T.V. Somanathan was quoted as saying at an event, according to reports.
Nifty ends higher for the third session
Nifty overcame early volatility to end higher for the third session on Wednesday. At close, Nifty was up 0.25 per cent or 47.6 points at 19,444, while the Sensex rose 213 points to settle at 65,433.30.
Nifty ends flat despite supportive global markets
At close, Nifty was up 0.01 per cent or 2.9 points at 19396.5. Volumes on the NSE continued to be on the lower side. Broad market indices gained 0.9-0.95 per cent outperforming the Nifty even as the advance decline ratio remained firm at 1.79:1.
Spike in US bond yields impacting capital flows to emerging markets like India
A sharp spike in US bond yields is impacting capital flows to emerging markets like India, says V. K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
Most of Musk's 153 mn X followers fake, just 453K subscribe to X Premium
Elon Musk has more than 153 million followers on his X (formerly Twitter) account but according to a new report, most of his followers are fake and the count is bloated by millions of new, inactive accounts.
Domestic as well as global markets expected to remain under pressure for week
Investor sentiment remains subdued due to the high volatility of the global currency market, leading to a high depreciation of EM currencies, which affects the performance of equities, says Vinod Nair, Head of Research at Geojit Financial services.
Benchmark indices end in red on the back of profit taking in IT, PSU stocks
Benchmark indices ended in the red on Friday on the back of profit taking seen in IT stocks as well as PSU stocks, said S. Ranganathan, Head of Research at LKP Securities.
Sensex falls below 65K mark
Further weakness in the market will make valuations reasonable. Long-term investors can utilise market corrections to buy high quality stocks in growth sectors like capital goods, banking, automobiles and construction, he said.
Breastfeeding boosts mother's heart health for 3 years or more: Study
The surprising cardio-metabolic benefit for maternal health is particularly important for women who experienced a complicated pregnancy, which can increase their chance of developing cardiovascular disease (CVD) later in life.
Except for PSU bank and consumer durables, all sectors end in red
The market would trade cautiously ahead of India’s inflation data to be released on Monday, which is expected to rise in July on account of high vegetable prices. On account of the Independence Day holiday on Tuesday, the market might remain lackluster, he added.
Sensex down more than 300 points
The indication from the Reserve Bank of India (RBI) is that a rate cut can be expected only in Q1 of FY 25 and this will be a headwind for the market, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
Zee Entertainment stock jumps 15% after NCLT clears Sony merger
ZEEL’s 1Q results exceeded expectations with Revenue/EBITDA coming 6 per cent/29 per cent above abobe estimate, JM Financial Institutional Securities said in a report.
RBI retains repo rate at 6.5%, inflation projected at 5.4%
The MPC also decided to make the scheduled banks maintain an incremental cash reserve ratio (I-CRR) of 10 per cent on the increase in their net demand and time liabilities (NDTL) between May 19 and July 28.
Bharti Airtel rolls out 5G on 26 GHz spectrum across all 22 telecom circles
The roll-out has been done in accordance to the norms set by the Department of Telecommunications (DoT) for complying to the minimum roll-out obligation criteria, the telecom major said in a statement.
Sports Minister lauds swimmer Shoan Ganguly for his silver at Youth Commonwealth Games
Ganguly claimed silver in the boys 400m individual medley swimming event. He came with the best Indian time of 4:25.47 to finish behind England's Reece Grady (4:24:16), while Scotland's Evan Davidson won the bronze with a swim of 4:25:68.
Domestic investors holding declined in June quarter
According to Pranav Haldea, Managing Director, Prime Database Group, this was on account of profit booking by LIC, mutual funds as also retail and HNI investors with markets reaching all-time highs. Net inflows from DIIs stood at just Rs 3,368 crore during the quarter.
Poor lifestyle leading to high BP among even adolescents: Expert
Poor lifestyle habits, obesity, sleep deprivation and consumption of junk and processed food are the important reasons for blood pressure (BP) in youth and adolescents, according to leading physician Dr V. Jagadeesh Kumar.
Twitter fails to publish monthly India compliance report, shows poodle sitting in a chair
The monthly report has not appeared on the X Transparency portal yet, which normally appears on every first day of the month like other social media platforms like Meta and WhatsApp, etc.
'India's macro challenge for decade ahead is to achieve sustained high, stable and inclusive growth'
The macro challenge in the decade ahead will be to achieve sustained high, stable and inclusive growth, which has thus far been elusive, S&P Global said in a report titled India's Moment.
Rupee under pressure as stock markets selloff
Rupee weakness continued further below 82.75 down by another 18 paisa as dollar index rising above 102.50 kept added pressure on rupee fall as risky assets showed sell off, says Jateen Trivedi, VP Research Analyst at LKP Securities.
Sensex now down more than 500 points
Morgan Stanley has upgraded India to overweight. India rises from number 6 to number 1 in our process, with relative valuations less extreme than in October, while MS macro, strategist and bottom-up analyst scores reflect MS' Blue Paper thesis on India's Decade.
1st time in India's history, majority of Nifty50 Cos promoters, executive directors not foreign/IITs/IIMs educated
For the first time in India’s history, a majority of the promoters and executive directors of Nifty50 companies are neither foreign educated nor educated at the elite IITs & IIMs, says a research by Marcellus Investment Managers.