'So, what does one believe -- just 6 stocks that are pushing the indices higher or the 600 scrips that are reflecting economic pain?'
Sanjay Kumar Singh suggests key factors investors need to keep an eye on while choosing the direct investment route.
The government is expected to defer the mega initial public offering (IPO) of LIC to the next financial year as the ongoing Russia-Ukraine war has dampened fund managers' interest in the public issue, market experts said on Sunday. The government was looking to sell 5 per cent stake in Life Insurance Corporation (LIC) this month, which could have fetched over Rs 60,000 crore to the exchequer. The IPO would have helped meet the curtailed divestment target of Rs 78,000 crore this fiscal.
The current battle in the gold market sits around the $900 level, a fairly steep retrenchment from the recent highs of $1,030 per ounce, writes David Galland of Casey Research. Some investors, their hopes dashed that $1,000 would be quickly and decisively overrun, are seeing disaster in this correction and dropping their gold investments as they run for cover. But current correction does not imply reversal in gold's fortunes. Global inflation & oil prices push gold's rise.
Over the past week, the Sensex and the Nifty continued the bull-run
The last few years have been uncharacteristically good for the Indian sugar sector for a variety of reasons. While on the one hand, the weather supported good crop production; on the other hand, the programme to blend ethanol with petrol took off in a big way. The long-pending problem of burgeoning sugarcane arrears almost came down to nil and exports boomed to record highs.
Many analysts find market expensive, even at current levels.
Markets opened marginally higher helped by a rebound in index heavyweights
Sensex,Nifty to remain under pressure through the week.
Sun Pharma dipped 2% to Rs 615 on the BSE, its lowest level since November 9, 2016
The pros and cons of Sony's 8th generation gaming console
Market breadth continued to remain strong, with 1899 gainers and 674 losers on the BSEs.
However, NFTs and Metaverse are in their first-generation (Gen 1) or initial phase and the market is filtering the assets from the point of view of their worthiness. NFTs having real artistic value have not participated as much in the fall. Some innovations are also happening or expected going ahead, which will take this asset class to the next phase.
The 30-share Sensex closed at 27,112 up by 481 points whereas the Nifty ended higher by 139 points at 8,115.
Gains were led by Tata Motors amid robust sales in June along with select financials.
Broader markets outperformed with BSE Midcap and BSE Smallcap adding 0.23% and 0.45%, respectively
Higher growth, reform bets have boosted returns but leave limited room for error.
Sensex to hit record high in 2015, but analysts cut forecast
A mixed global trend and weakness in rupee influenced the sentiments during the day.
Five of the 12 BSE sectoral indices ended at 52-week highs; the oil and gas index zoomed by nearly 5%.
You cannot sow today and reap tomorrow.
Hectic fundraising through initial public offerings (IPOs) is expected in October-November, with at least 30 companies are looking to collectively raise over Rs 45,000 crore through initial share-sales, merchant banking sources said. Of the total fundraising, a large chunk would be garnered by technology-driven companies. The successful IPO of food delivery company Zomato, which was overwhelmingly subscribed by over 38 times, encouraged new-age tech companies to come out with their primary share-sales.
In the first part of a series on how foreign portfolio investment is driving the Sensex, Janaki Krishnan and Rakesh P Sharma examine what it is that is drawing these funds to the Indian equity market
Is this a good time for people to invest in stocks? Or do you feel that the stockmarket is overheated and will soon nosedive?
While gold returned 12 per cent annual gain in 10 years, Nifty didn't exceed 9 per cent.
Reliance Industries leads the pack of 56 Indian companies.
HCL Tech was the top gainer in the Sensex pack, rallying over 5 per cent, followed by L&T, Tech Mahindra, HDFC Bank, UltraTech Cement, ITC and Tata Steel. NSE Nifty rose 70.25 points to its all-time high of 15,924.20.
As global markets near all-time highs driven by liquidity, Marc Faber suggests most asset prices worldwide are inflated.
Companies spent less money buying back their shares from the public last year than at any time since 2015. They announced buybacks of up to Rs 14,341 crore, show numbers from primary market tracker Prime Database. The total amount spent was Rs 13,597 crore. Both the amounts are lower than what was offered (Rs 39,564 crore) and spent (Rs 36,517 crore) in 2020.
The banking, oil and metal sectors were the top sectoral losers on the BSE, while IT stocks rendered support at lower levels.
The NSE Nifty ended at 4,551, up 121 points. The breadth improved towards the end of the day, out of 2,826 shares traded, 1,494 advanced and 1,290 declined on Tuesday.
In 2015-16, reforms will take hold, growth in GDP, will accelerate, and government processes and statutory clearances will speed up
PowerGrid, Tech Mahindra, Infosys, Nestle India and HCL Tech too ended with losses.
Keep exit plans handy, D-day could be the second week of August, writes Sonali Ranade in Market Notes.
