The combined market valuation of seven of the top-10 most valued firms climbed Rs 74,573.63 crore in a holiday-shortened last week, with HDFC Bank emerging as the biggest gainer in line with a positive trend in equities.Read More
Foreign portfolio investors (FPIs) remained net sellers of Indian equities in September, withdrawing Rs 23,885 crore (around USD 2.7 billion) and taking year-to-date outflow to Rs 1.58 lakh crore (USD 17.6 billion).Read More
The primary market is set for a busy week as two major companies, Tata Capital Ltd and LG Electronics India Ltd, gear up to launch their initial public offerings (IPOs), collectively worth more than Rs 27,000 crore.Read More
Indian benchmark indices, Nifty and Sensex, closed higher for the second consecutive day on Friday, buoyed by banks, consumer, and metal stocks. Analysts noted Nifty’s recovery above its 50-DMA, signaling bullish sentiment and potential for further gains towards 25,200 and 25,500, supported by a drop in India VIX.Read More
Indian benchmark indices closed up on Friday. Nifty extended its gains, finding support at 24,750. Experts predict Nifty will trade between 24,750 and 25,100. Four stock recommendations are provided for Monday. These include buying GE Vernova, India Glycols, and MRPL. A sell recommendation is given for Coal India. These picks target specific price levels.Read More
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