News for 'Head of Institutional Equities and Global Research'

Sensex closes above 75,000 for the first time

Sensex closes above 75,000 for the first time

Rediff.com10 Apr 2024

From the Sensex basket, ITC, Kotak Mahindra Bank, Bharti Airtel, State Bank of India, Asian Paints, Tech Mahindra, Reliance Industries and Nestle were the major gainers. Maruti, HDFC Bank, Larsen & Toubro and Mahindra & Mahindra were among the laggards.

BJP Sankalp Patra: Enough powder to ignite stocks, if investors are patient

BJP Sankalp Patra: Enough powder to ignite stocks, if investors are patient

Rediff.com23 Apr 2024

Stocks in the automotive, financial, cement, metal, and hotel sectors are likely to benefit if the Narendra Modi-led Bharatiya Janata Party (BJP) comes back to power for a third time. The key investment themes have been identified after analysing the Sankalp Patra - the party's manifesto for the next five years - released on Sunday.

BFSI weighting in Nifty50 hits 7-year low as HDFC slips

BFSI weighting in Nifty50 hits 7-year low as HDFC slips

Rediff.com29 Jan 2024

After a sharp fall in the share prices of HDFC Bank and other private sector lenders in the past three days, the BFSI (banking, financial services and insurance) sector weighting in the Nifty50 has slipped to a seven-year low of 32.03 per cent, down from nearly 36.6 per cent at the end of March 2023 and 34.5 per cent at the end of December 2023.

Stock markets close lower on fag-end selling in banking, IT shares

Stock markets close lower on fag-end selling in banking, IT shares

Rediff.com30 Apr 2024

From the Sensex basket, Tech Mahindra, Tata Steel, JSW Steel, HCL Technologies, Tata Consultancy Services, Larsen & Toubro and Kotak Mahindra Bank were the biggest laggards. Mahindra & Mahindra, Power Grid, Bajaj Finance, IndusInd Bank and Maruti were the major gainers.

Sensex declines 143 pts on unabated foreign fund outflows

Sensex declines 143 pts on unabated foreign fund outflows

Rediff.com9 Nov 2023

Among the Sensex firms, Hindustan Unilever, Tech Mahindra, Infosys, Reliance Industries, Bajaj Finance, Tata Consultancy Services, Titan and UltraTech Cement were the major laggards. Mahindra & Mahindra, Power Grid, IndusInd Bank, Tata Motors, Larsen & Toubro and Maruti were among the gainers.

Sensex climbs 167 points on buying in bank shares, Reliance

Sensex climbs 167 points on buying in bank shares, Reliance

Rediff.com9 Feb 2024

Benchmark Sensex rebounded by 167 points in a volatile trade on Friday amid buying in ICICI Bank, State Bank of India and Reliance Industries. The 30-share BSE Sensex climbed 167.06 points or 0.23 per cent to settle at 71,595.49. During the day, it hit a high of 71,676.49 and a low of 71,200.31.

Equities may come under pressure over next few months

Equities may come under pressure over next few months

Rediff.com3 Jan 2022

As regards India, FIIs have pumped in over Rs 34,400 crore in the Indian stocks in calendar year 2021.

BSE, NSE settle flat in volatile trade

BSE, NSE settle flat in volatile trade

Rediff.com23 Nov 2023

Equity benchmark indices Sensex and Nifty ended almost flat in highly volatile trade on Thursday amid the lack of any immediate trigger. The 30-share BSE Sensex dipped 5.43 points or 0.01 per cent to settle at 66,017.81. During the day, it hit a high of 66,235.24 and a low of 65,980.50.

Buying in index majors help Sensex gain 330 points

Buying in index majors help Sensex gain 330 points

Rediff.com30 Oct 2023

Among the Sensex firms, UltraTech Cement, Reliance Industries, ICICI Bank, HDFC Bank, Bharti Airtel, IndusInd Bank, State Bank of India, Tata Consultancy Services, Larsen & Toubro, Kotak Mahindra Bank and State Bank of India were the major gainers. In contrast, Tata Motors, Maruti, Axis Bank, Mahindra & Mahindra, ITC, NTPC, Tata Steel and Bajaj Finserv were the major laggards.

Markets end flat in volatile trade ahead of RBI's rate decision

Markets end flat in volatile trade ahead of RBI's rate decision

Rediff.com7 Feb 2024

Among the Sensex firms, State Bank of India rose the most by 3.78 per cent after the bank announced the acquisition of SBI CAPS subsidiary for Rs 708.07 crore. Nestle India gained 1.68 per cent after it reported around 9 per cent growth in sales. JSW Steel, Bajaj Finance, Axis Bank and Asian Paints were among the gainers.

Sensex tumbles 733 points amid broad-based selloff; Nifty slips from record

Sensex tumbles 733 points amid broad-based selloff; Nifty slips from record

Rediff.com3 May 2024

From the Sensex basket, Larsen & Toubro, Maruti, Reliance Industries, Nestle, Bharti Airtel, UltraTech Cement, Kotak Mahindra Bank and JSW Steel were among the major laggards. Bajaj Finance climbed nearly 1 per cent higher.

Markets hit fresh lifetime highs; Sensex gains 370 points

Markets hit fresh lifetime highs; Sensex gains 370 points

Rediff.com28 Dec 2023

Among the Sensex firms, NTPC, Mahindra & Mahindra, Power Grid, Nestle, Tata Motors, ITC, Bharti Airtel and Kotak Mahindra Bank were the major gainers. In contrast, Larsen & Toubro, Wipro, JSW Steel, UltraTech Cement, and Asian Paints were among the laggards.

Should You Invest In SME IPOs?

Should You Invest In SME IPOs?

Rediff.com4 Oct 2024

'Many do not have robust business models, and their prospects of survival and long-term growth are poor.'

Sensex plunges 826 points on heightened tensions in the Middle East

Sensex plunges 826 points on heightened tensions in the Middle East

Rediff.com23 Oct 2023

Among the Sensex firms, JSW Steel, Tata Motors, Tata Steel, Tata Consultancy Services, NTPC, Wipro, HCL Technologies, State Bank of India, Larsen & Toubro, UltraTech Cement, IndusInd Bank, Kotak Mahindra Bank, Power Grid and Reliance Industries Limited were the major laggards. Mahindra & Mahindra and Bajaj Finance were the gainers.

Sensex, Nifty jump nearly 1% on gains in IT, banking shares

Sensex, Nifty jump nearly 1% on gains in IT, banking shares

Rediff.com6 Nov 2023

Among the Sensex firms, Larsen & Toubro, Axis Bank, Tata Steel, Bajaj Finance, Power Grid, Asian Paints, Mahindra & Mahindra and Bajaj Finserv were the biggest gainers. State Bank of India, Hindustan Unilever, Tata Motors and Titan were the laggards.

Home Is Where The Revenue Is, Find India's Biggest MNCs

Home Is Where The Revenue Is, Find India's Biggest MNCs

Rediff.com8 Mar 2024

In FY23, Indian operations accounted for 41.6 per cent of the consolidated revenue of India's top five multinationals, up from 34 per cent in FY18 and 33.2 per cent and 34.2 per cent in FY21.

Sensex loses steam on fag-end profit-taking

Sensex loses steam on fag-end profit-taking

Rediff.com9 Jan 2024

Among the Sensex firms, Larsen & Toubro, Bharti Airtel, HCL Tech, Tata Motors, Sun Pharma and Tata Steel were the major gainers. On the other hand, Nestle, Asian Paints, Bajaj Finserv, HDFC Bank and Axis Bank were among the laggards.

Sensex, Nifty hit record highs as HDFC, TCS rise

Sensex, Nifty hit record highs as HDFC, TCS rise

Rediff.com4 Apr 2024

Among the Sensex constituents, 20 stocks ended the session in green with HDFC Bank, Titan, Tech Mahindra, and Asian Paints being the major gainers. TCS, Maruti, Kotak Mahindra Bank and Bajaj Finserve were the other gainers. In contrast, SBI, Bharti Airtel, JSW Steel, PowerGrid, ITC and Reliance closed the trading with losses.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com30 Jul 2023

Domestic macroeconomic data announcements, global trends, quarterly earnings and foreign fund trading activity would dictate terms in the equity markets this week, analysts said. Besides, movement of rupee against the US dollar and global oil benchmark Brent crude price would also guide the trading pattern in the equity markets. "From a macroeconomic perspective, market participants will be closely observing key events like the upcoming release of the US manufacturing PMI data, US services PMI data and US non-farm payrolls scheduled between August 1 and August 4.

From a record high, Sensex sinks by 931 points at close

From a record high, Sensex sinks by 931 points at close

Rediff.com20 Dec 2023

Tata Steel fell the most by 4.21 per cent. NTPC, Tata Motors, HCL Technologies, Mahindra & Mahindra, State Bank of India, Power Grid, Tech Mahindra, Larsen & Toubro and JSW Steel also declined. HDFC Bank was the only gainer from the pack. In Asian markets, Seoul, Tokyo and Hong Kong settled in the positive territory while Shanghai ended lower.

Markets retreat from record highs; Sensex falls 216 pts

Markets retreat from record highs; Sensex falls 216 pts

Rediff.com19 Jun 2023

Kotak Mahindra Bank was the biggest loser from the Sensex pack, skidding 1.83 per cent, followed by Axis Bank, NTPC, Hindustan Unilever, ICICI Bank, Bharti Airtel, Reliance Industries, HCL Technologies, IndusInd Bank and Nestle. In contrast, Bajaj Finance, Bajaj Finserv, Tech Mahindra, Tata Consultancy Services, Titan, Infosys, HDFC Bank, HDFC and ITC were the gainers.

Sensex falls 535 pts dragged by HDFC & IT shares

Sensex falls 535 pts dragged by HDFC & IT shares

Rediff.com3 Jan 2024

Among the Sensex firms, JSW Steel, Tata Steel, Tech Mahindra, Infosys, Wipro, Tata Consultancy Services, Nestle, HCL Technologies, HDFC Bank and Maruti were the major laggards. IndusInd Bank, ITC, Bharti Airtel and State Bank of India were among the winners.

Midcap stocks have room to correct; buy the dips: Chris Wood

Midcap stocks have room to correct; buy the dips: Chris Wood

Rediff.com24 Sep 2023

The sharp rally in the midcap stocks has made valuations expensive, and there is room for a correction, wrote Christopher Wood, global head of equity strategy at Jefferies in his latest note to investors, GREED & fear. The midcap index, Wood said, now trades at 24.1x 12-month forward earnings compared with 18.7x for the Nifty. Rising crude oil prices, he believes, are another worry for India, which imports nearly 80 per cent of its annual crude oil requirement.

Sensex climbs Mount 72K for first time; Nifty hits all-time high

Sensex climbs Mount 72K for first time; Nifty hits all-time high

Rediff.com27 Dec 2023

Among the Sensex firms, UltraTech Cement, JSW Steel, Tata Motors, Bharti Airtel, State Bank of India, Larsen & Toubro, Infosys and Bajaj Finserv were the major gainers. On the other hand, NTPC and Tech Mahindra were the laggards.

Sensex up 335 points on buying in IT stocks, positive macro data

Sensex up 335 points on buying in IT stocks, positive macro data

Rediff.com14 Mar 2024

From the Sensex pack, HCL Technologies, Infosys, Wipro, Bharti Airtel, Larsen & Toubro, Mahindra & Mahindra, Tata Consultancy Services and Asian Paints were the major gainers. Axis Bank, IndusInd Bank, Bajaj Finance, JSW Steel, State Bank of India and Tata Steel were among the major laggards.

Sensex ends up 92 points in volatile trade

Sensex ends up 92 points in volatile trade

Rediff.com22 Nov 2023

Among the Sensex firms, Infosys, NTPC, Power Grid, Titan, ITC, Tech Mahindra, Hindustan Unilever, Axis Bank, Tata Consultancy Services, Bajaj Finserv, Reliance Industries and UltraTech Cement were the biggest gainers. In contrast, IndusInd Bank, Kotak Mahindra Bank, Mahindra & Mahindra, JSW Steel, HDFC Bank and Maruti were the major laggards.

Buying in index majors help Sensex, Nifty end in green

Buying in index majors help Sensex, Nifty end in green

Rediff.com21 Aug 2023

Bajaj Finance was the biggest gainer in the Sensex pack, rising 2.70 per cent, followed by Power Grid, IndusInd Bank, NTPC, Bharti Airtel, ITC, Bajaj Finserv, Infosys, Nestle, Tata Steel, Tata Consultancy Services, Titan and Axis Bank. Reliance Industries, Mahindra & Mahindra, Maruti and State Bank of India were among the laggards.

BSE, NSE end in red; Sensex slumps 434 points

BSE, NSE end in red; Sensex slumps 434 points

Rediff.com21 Feb 2024

In the Sensex pack, 20 stocks ended in the red while 37 of the Nifty constituents closed the session with losses. NTPC was the biggest loser among the Sensex constituents, ending with a loss of 2.71 per cent.

Sensex revisits 66K; Nifty surges 116 points

Sensex revisits 66K; Nifty surges 116 points

Rediff.com7 Sep 2023

From the Sensex pack, Larsen & Toubro jumped 4.26 per cent to emerge as the biggest gainer, followed by IndusInd Bank, Tech Mahindra, State Bank of India, HCL Technologies, Power Grid, NTPC, Axis Bank, Kotak Mahindra Bank, HDFC Bank and Wipro. Mahindra & Mahindra, Infosys, UltraTech Cement and Hindustan Unilever were the major laggards.

Markets crash amid global rout; Sensex dives 867 points

Markets crash amid global rout; Sensex dives 867 points

Rediff.com6 May 2022

Equity benchmarks nosedived on Friday, with the Sensex crashing 866.65 points to close below the 55,000-mark amid a sell-off in global markets. Unabated foreign fund outflows and firm crude oil prices also weighed on sentiment. The 30-share BSE Sensex dived 866.65 points or 1.56 per cent to finish at 54,835.58.

Ambanis Own 10% of India's Wealth

Ambanis Own 10% of India's Wealth

Rediff.com9 Aug 2024

The Adani family, led by Chairman Gautam Adani, is the most valued first-generation family business at Rs 15.44 trillion.

Bulls on rampage in D-Street; Sensex breaches 71K

Bulls on rampage in D-Street; Sensex breaches 71K

Rediff.com15 Dec 2023

HCL Technologies was the biggest gainer in the Sensex pack, rising 5.58 per cent, followed by Tata Consultancy Services and Infosys, State Bank of India, Tech Mahindra, Tata Steel, NTPC and Wipro. In contrast, Nestle, Bharti Airtel, Maruti and ITC were among the laggards.

Sensex falls 379 pts on profit taking in bank & IT stocks

Sensex falls 379 pts on profit taking in bank & IT stocks

Rediff.com2 Jan 2024

Among the Sensex firms, Kotak Mahindra Bank, UltraTech Cement, Mahindra & Mahindra, Larsen & Toubro, ICICI Bank, IndusInd Bank, Wipro and Hindustan Unilever were the major laggards. Sun Pharma, Bajaj Finance, Bharti Airtel, Reliance Industries, Bajaj Finserv and Titan were among the winners.

Sensex, Nifty end at record closing highs

Sensex, Nifty end at record closing highs

Rediff.com6 Jul 2023

From the Sensex pack, Mahindra & Mahindra emerged as the biggest gainer, climbing nearly 5 per cent. Power Grid, Tata Motors, Reliance Industries, NTPC, Axis Bank, Nestle, Kotak Mahindra Bank, Asian Paints and Wipro were among the other major gainers. Maruti, HCL Technologies, Bajaj Finance, IndusInd Bank, Infosys and Tata Steel were among the laggards.

Sensex tanks 736 pts, Nifty slides below 22K

Sensex tanks 736 pts, Nifty slides below 22K

Rediff.com19 Mar 2024

From the Sensex basket, Tata Consultancy Services, Nestle, Bajaj Finserv, Wipro, Maruti Suzuki India, Reliance Industries, Larsen & Toubro and NTPC were the major laggards. Tata Steel, Bajaj Finance, JSW Steel and Bharti Airtel were among the gainers.

Are Newbie Investors Prepared For Market Turbulence?

Are Newbie Investors Prepared For Market Turbulence?

Rediff.com28 Dec 2023

We have millions of newbie investors who are clueless about how to handle sudden and severe adverse market reactions, which arrive from time to time, observes Debashis Basu.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com3 Sep 2023

Macroeconomic data announcements, global trends and trading activity of foreign investors would guide momentum in the equity market this week, analysts said. Markets ended a five-week losing streak and gained nearly a per cent last week, helped by a sharp rebound on Friday. Last week, the BSE benchmark jumped 500.65 points or 0.77 per cent and the Nifty gained 169.5 points or 0.87 per cent.

Sensex, Nifty decline on selloff in banking, financial stocks

Sensex, Nifty decline on selloff in banking, financial stocks

Rediff.com17 Nov 2023

Bajaj Finance, ICICI Bank, Bajaj Finserv, IndusInd Bank, Infosys, Kotak Mahindra Bank, Wipro, and Reliance Industries were among the other laggards. On the other hand, Larsen & Toubro, Hindustan Unilever, Power Grid, Asian Paints, Nestle and Mahindra & Mahindra were the major gainers.

NSE Indices tweaks methodology before RIL-Jio financial demerger

NSE Indices tweaks methodology before RIL-Jio financial demerger

Rediff.com27 Apr 2023

NSE Indices on Wednesday changed the methodology for handling schemes of demerger involving index constituents. The index provider said a company undergoing demerger would now be retained in its indices. The move comes ahead of the proposed demerger of Reliance Industries' (RIL's) financial services arm. Under the rules prevailing thus far, RIL -- which has the highest weighting among the 50 Nifty components -- would have been required to be removed from the index, resulting in a churn by funds tracking the Nifty index.

Stock markets end flat in highly volatile trade

Stock markets end flat in highly volatile trade

Rediff.com25 Sep 2023

Among the Sensex firms, Bajaj Finance jumped the most by 4.64 per cent. Bajaj Finserv, Kotak Mahindra Bank, Asian Paints, UltraTech Cement, ICICI Bank, NTPC, JSW Steel and Tata Steel were among the major gainers. Infosys, Mahindra & Mahindra, Wipro, Tata Consultancy Services, IndusInd Bank and HCL Technologies were the major laggards.