BSE Sensex was down 559 points at 71,712 as heavyweight stocks came under selling pressure.
January 2, 2024The growth momentum in the economy is strong. 7 per cent GDP growth in FY24 is likely to be followed by around 6.7 per cent growth in FY25 with decent corporate earnings growth.
January 1, 2024The euphoria is expected to continue during the start of the next year on account of the exuberance of rate cuts and the drop in bond yields.
December 31, 2023FPI inflows which were negative in the previous 3 months have sharply turned positive in December with total buying of Rs Rs 66134 crores.
December 30, 2023As 2023 draws to a close, the most significant feature of the year’s rally is the sharp outperformance of the broader market, says V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
December 29, 2023The midcap index is up by almost 45 per cent and the small cap index is up by 55 per cent leaving the Nifty far behind with appreciation of around 20 per cent.
December 29, 2023V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said the rally looks set to continue supported by the leading banks which are witnessing institutional accumulation.
December 28, 2023Total FPI inflows in December through 22nd is Rs 57,313 crore including the buying through stock exchanges and primary market.
December 23, 2023FPIs heavily bought stocks in banking and IT segments. FPI buying is likely to sustain and going forward.
December 16, 2023Nagaraj Shetti, Technical Research Analyst, HDFC Securities said the short term trend of Nifty remains negative. The present upmove could encounter strong hurdles around 19,600-19,650 levels in the coming sessions. Immediate support is at 19,400 levels.
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