Smaller stocks have emerged as Dalal Street's favourites in 2023 that has turned out to be a "great year" for equities, rewarding investors with big gains, driven by optimism over the country's macroeconomic fundamentals and heavy retail investors participation. Experts said equity markets are experiencing a prolonged bull run and it is during this time that the midcap and smallcap segments tend to outshine their larger counterparts. Till December 22 this year, the BSE smallcap gauge has jumped 13,074.96 points or 45.20 per cent while the midcap index has surged 10,568.18 points or 41.74 per cent.
The senior AAP leader played the audio tape at a press conference and claimed the BJP "dalal" (broker) heard in the clip was one of the three people arrested in Telangana over an alleged bid to poach that state's ruling party Telangana Rashtra Samithi MLAs.
The market capitalisation of BSE-listed firms jumped to an all-time high of Rs 304.53 lakh crore on Wednesday, buoyed by an unprecedented rally in equities where the BSE benchmark Sensex ended over the 67,000-mark for the first time ever. Rallying for the fifth day running, the 30-share BSE Sensex climbed 302.30 points, or 0.45 per cent, to end at its lifetime closing high of 67,097.44 points. During the day, it jumped 376.24 points, or 0.56 per cent, to reach its all-time intra-day peak of 67,171.38 points.
'Punjab farmers were unnecessarily being targeted and defamed for air pollution in Delhi'
Star Indian men's doubles pair of Satwiksairaj Rankireddy and Chirag Shetty stormed into the second round in the Korea Open Super 500 tournament.
'They can transition from short to long-duration funds when the yield curve normalises.'
Sugar prices are hovering near six-year highs, leaving a bad taste in Indian consumers' palates but sweetening the portfolios of investors in related stocks at Dalal Street. Shares of sugar manufacturers such as Piccadily Agro, DCM Shriram, Magadh Sugar, and Bajaj Hindustan have rallied up to a whopping 200 per cent so far in the financial year 2024 (FY24) as deficient monsoon rains in major sugarcane producer states like Maharashtra and Karnataka are expected to lead to a shortfall in sugar output ahead. In comparison, the BSE Sensex has modestly gained 11 per cent during this period.
Most brokerages have maintained their Sensex and Nifty targets as they believe there is little room for further re-rating in the backdrop of weak earnings.
From MRF to Shree Cement: 23 companies which delivered 30% CAGR in 15 years.
Rohtash's decision, however, brought to light the differences arisen within the HAWA, which is affiliated to WFI, with its general secretary Rakesh Singh calling the suspension of the district officials as a wrong move.
Sidharth Malhotra and Varun Dhawan both dated women from the costume department on My Name is Khan.
Parikh was in Omaha for Warren Buffett's Berkshire Hathaway meet
Players like UltraTech Cement more expensive than ITC and HUL; others catching up fast.
Malaika Arora and Arjun Kapoor rang in the New Year in Rajasthan and they had Varun Dhawan and his wife Natasha Dalal, Mohit Marwah and his wife Antara and Kunal Rawal and his wife Arpita Mehta for company.
Manish Malhotra turned 56 on December 5 and film folk trooped in to celebrate with him.
Sonam Kapoor took time off from her mommy duties to throw a Diwali party for her friends and colleagues from the film industry.
Speaking to the reporters on Wednesday, Minister J P Dalal said that they have called all the MLAs to make the new MLAs understand on the polling procedure.
The 'Dhawans' were all smiles as they posed for the camera.
Sukanya Verma covers the whole spectrum for you.
IT services company Wipro Ltd on Wednesday reported about a 21 per cent year-on-year fall in its consolidated net profit to Rs 2,563.6 crore for the first quarter ended June 2022. The profit for the period (attributable to the equity holders of the company) stood at Rs 3,242.6 crore in the year-ago period. The net profit was down 20.6 per cent on a year-on-year basis, according to a filing.
There's so much entertainment coming your way this July. From exciting theatre releases to fun OTT watch, there's so much happening.
Kiara Advani and Sidharth Malhotra's wedding reception was as star-studded as it can get.
Like every year, Sunita and Anil Kapoor organised a Karva Chauth get-together at their home in Mumbai.
India's third-largest pharmaceutical company by revenue, Cipla, is up for grabs in a three-way fight between Torrent Pharmaceuticals, Dr Reddy's Laboratories (DRL) and private equity (PE) giant Blackstone. Analysts say it is more likely for a strategic investor like Torrent or DRL to acquire Cipla than a PE firm, which may not derive healthy returns at Cipla's current market price (CMP) after the recent gains.
A simple recipe made without onion and garlic.
Sonam-Anand celebrate anniversary...Deepika misses Irrfan...Soha gets ready for Mother's Day.
It is pouring heavily not only in North India, but at Dalal Street too. However, the latter is seeing a flurry of initial public offers (IPOs). After a busy fortnight that ended on July 7 with seven IPOs - IdeaForge Technology, Cyient DLM, PKH Ventures, Pentagon Rubber, Global Pet Industries, Tridhya Tech, and Synoptics Technologies -- four more IPOs will hit the Street this week, including one mainboard IPO of Utkarsh Small Finance Bank. That apart, India's largest securities' depository National Securities Depository Limited (NSDL) has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) for an IPO.
Bambai Meri Jaan features horrific massacres and violence so brutal that it ought not to be seen on a home entertainment platform, warns Deepa Gahlot..
The prosecution said it was found during their custodial interrogation that the accused were aware of the victim's body being dragged under the wheels.
Since Modi sarkar came to power in May 2014, markets have been trading volatile.
Kangana Ranaut plays an Air Force pilot in Tejas, joining an increasing list of films and shows centered around women playing significant roles in their careers.
Dhawal Dalal, executive vice-president & head, fixed income, DSP BlackRock Investment Managers, expects the central bank to hold rates for the rest of calendar year 2016.
YouTube sensation Bhuvan Bam has a presence about him, but his character's flare ups do not convince in the least, observes Sukanya Verma.
An NCD's credit rating will tell you whether risk possibility is high or low. Instruments rated below AA are regarded as high-risk.
The special privileges granted to private equity (PE) investors by listed companies are set to go through shareholders' test. Under new rules introduced by the Securities and Exchange Board of India (Sebi), all such arrangements will require shareholders' nod by way of special resolutions. Legal experts say arrangements that are unfair to other public shareholders may not pass the muster.
The fight for freedom was long and hard and that is why it is important to go back to the monuments that celebrate those who fought the good fight.
IndusInd Bank was the top gainer in the Sensex pack, surging around 5 per cent, followed by Bharti Airtel, ICICI Bank, Axis Bank, PowerGrid, Tata Steel and HDFC Bank.
The court passed the directions while hearing the prosecution's application seeking 14 days' judicial custody of the six accused.
Thriller, horror, feel-good, rom-com, action, vendetta, biopics -- you name it, you got it on OTT this week.