Tag: NIFTY

RIL trades cheap relative to Nifty: Jefferies

Sharp decline in capex indicates peak capex is behind and FCF is improving. We have left earnings broadly unchanged. Project 12 per cent Ebitda growth in FY25E.

January 20, 2024

Mutual fund redemptions increased 39% in 2023

The weight of Domestic Cyclicals declined 110bp to 62.1 39 per cent, pulled down by BFSI, and Chemicals.

January 15, 2024

Sensex crosses 73k mark led by Wipro

Besides Wipro, the other IT heavyweights were Tech Mahindra, Infosys, HCL Tech up more than 2 per cent.

January 15, 2024

Post IT results, markets get a booster dose

The losses on the opening day of the week were significant, hence the net gains were substantially lower than what we saw on Friday.

January 14, 2024

Strong build-up of short positions in the market

Long positions are steadily declining and short positions are building up.

January 9, 2024

FMCG stocks lead market lower

The major challenge for the rally comes from the US market which is showing signs of weakness.

January 8, 2024

Mixed global cues as stock market opens in green, positive trends amidst caution

However, global markets in the Asia-Pacific region painted a mixed picture, with varying degrees of losses and gains.

January 4, 2024

Sensex down more than 500 points

BSE Sensex was down 559 points at 71,712 as heavyweight stocks came under selling pressure.

January 2, 2024

Hope ‘sophisticated’ investors are not taking cues from retail flows, says brokerage

Any market correction will be entirely based on a big change in the market’s expectations of potential returns.

January 1, 2024

‘Difficult to expect market performance similar to 2023’

As 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, 2023