Markets
No time to turn defensive on Wall Street; Morgan Stanley says there’s more steam in cyclical trades
Economic growth ahead could be much broader and stronger than any of the cycles seen earlier. (Image: REUTERS) Some Wall Street investors have switched back to defensive trades after a strong rally in equity indices saw them surge to record highs. Investors moved their focus towards defensive, choosing large-caps...
PowerGrid InvIT IPO opens: Strong financials, power transmission biz make it attractive; should you subscribe?
he units of PowerGrid InvIT are proposed to be listed on BSE and NSE. Image: Reuters PowerGrid Infrastructure Investment Trust (InvIT) IPO opened for subscription on Thursday, April 29, 2021, in the price band of Rs 99-100 per unit. The units of PowerGrid InvIT are proposed to be listed...
Sensex, Nifty on 3-day gaining streak as bulls take control; 5 things to know before opening bell
On Thursday morning, SGX Nifty was trading in the green, hinting at a gap-up start for domestic equities. (Image: REUTERS) Domestic equity markets are now on a three-day gaining streak but might face some volatility today owing to the monthly derivates expiry. S&P BSE Sensex currently sits at 49,773...
Buy these two stocks to pocket gains as Nifty looks to breach near-term resistance
The short term trend of Nifty continues to be positive. (Image: REUTERS) By Nagaraj Shetti After showing a sign of strength with upside momentum on Tuesday, Nifty demonstrated another sharp upmove on Wednesday and closed the day higher by 211 points. After opening with upside gap of 57 points,...
Reliance Industries stock price may rise to these levels; foreign investors maintain bullish stance
Jefferies sees three key triggers ahead for the stock. (Image: REUTERS) Mukesh Ambani’s Reliance Industries Ltd. (RIL) has seen increased interest from foreign portfolio investors in the last one year. Foreign Portfolio Investor’s (FPI) shareholding in RIL has jumped 1.59% in the January-March quarter, from a year-ago period. Meanwhile,...
RIL, Titan, HUL, PowerGrid InvIT, Bharti Airtel, Bajaj Finserv, Ambuja Cements stocks in focus
Technical analysts say that the Nifty index has given a breakout of its upper band of Falling Wedge formation, which signifies a bull run in the counter. Nifty futures were trading 37 points or 0.25 per cent higher at 14,882 on Singaporean Exchange on Thursday, suggesting a positive start...
Gold prices snap 5-day losing streak as US Fed holds interest rates; MCX gold may touch Rs 47,500
Gold gained momentum after the US Fed’s pledge for an accommodative fiscal policy stance in yesterday’s policy meeting. Gold prices snapped the 5-day losing streak on Thursday after the US Federal Reserve decided to keep the interest rates unchanged near zero. MCX gold June futures were trading Rs 163...
Petrol and Diesel Price Today in India: Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad and More Cities
Fuel prices were last cut on April 15 after having remained unchanged for fifteen days straight. (Image: REUTERS) Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Prices of Petrol and Diesel have remained unchanged for fourteen consecutive days now. Fuel prices were last cut on April...
Market LIVE: Sensex, Nifty eye gap-up start, PowerGrid InvIT IPO opens; US Fed holds interest rates near zero
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 have been on a gaining spree for three straight days. via India Infoline
Sensex gains for third straight day as financials lead; Nifty may soon hit 15,100
Market breadth was largely positive as 1,785 shares advanced while 1,178 declined. BSE Sensex and Nifty 50 ended in the positive territory on Wednesday, surging over 1.5 per cent ahead of the monthly expiry of the F&O contracts of April due on Thursday. Surging for the third straight day,...
