http://rediff.ly/15y4rv
'Focus on 19,400/64,900 as the key resistance levels for the Nifty/Sensex.'
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http://rediff.ly/15y4rv
'Focus on 19,400/64,900 as the key resistance levels for the Nifty/Sensex.'
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http://rediff.ly/16ewf4
Among the Sensex firms, Axis Bank, Mahindra & Mahindra, Wipro, Tata Motors, HDFC Bank, Tech Mahindra, ICICI Bank,... Read more »»
http://rediff.ly/16ewf4
Among the Sensex firms, Axis Bank, Mahindra & Mahindra, Wipro, Tata Motors, HDFC Bank, Tech Mahindra, ICICI Bank, JSW Steel, Tata Consultancy Services, Infosys, HCL Technologies and Bharti Airtel were the major gainers. Nestle, Titan, Bajaj Finserv and UltraTech Cement were the laggards.
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http://rediff.ly/16erpi
Titan Company on November 21, became the second Tata group firm to join Rs 3 trillion market capitalisation (market... Read more »»
http://rediff.ly/16erpi
Titan Company on November 21, became the second Tata group firm to join Rs 3 trillion market capitalisation (market cap) club after its shares hit a new high of Rs 3,400, up nearly 2 per cent on the BSE in Tuesday's intra-day trade. At 12:28 PM; with a market cap of Rs 301,847 crore (Rs 3.02 trillion) Titan stood at number 16th position in overall market cap ranking on the BSE listed companies, the exchange data shows. Titan overtook paint company Asian Paints, which has a market cap of Rs 300,579 crore, data shows.
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http://rediff.ly/16epme
The combined market valuation of all listed companies on the leading stock exchange BSE reached the $4-trillion... Read more »»
http://rediff.ly/16epme
The combined market valuation of all listed companies on the leading stock exchange BSE reached the $4-trillion milestone for the first time ever on Wednesday. The 30-share BSE Sensex climbed 305.44 points to 66,479.64 in early trade after beginning the day on a positive note. Thanks to the optimism in equities, the market capitalisation of BSE-listed companies reached Rs 3,33,26,881.49 crore in morning trade, translating into $4 trillion at the exchange rate of 83.31.
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http://rediff.ly/16ek49
The Rs 17,000 crore-share buyback programme of India's top software services exporter Tata Consultancy Services... Read more »»
http://rediff.ly/16ek49
The Rs 17,000 crore-share buyback programme of India's top software services exporter Tata Consultancy Services (TCS) will open on December 1. The buyback, where investors can sell to the company their shares at an offer price of Rs 4,150 apiece, will close on December 7, TCS said in a regulatory filing on Tuesday. The information technology bellwether is aiming to repurchase up to 4.09 crore shares (1.12 per cent of the total equity share capital) at Rs 4,150 apiece in a buyback valued at Rs 17,000 crore.
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http://rediff.ly/16egk7
Benchmark equity indices Sensex and Nifty snapped two days of losses to close higher on Tuesday on the back of... Read more »»
http://rediff.ly/16egk7
Benchmark equity indices Sensex and Nifty snapped two days of losses to close higher on Tuesday on the back of fag-end buying in auto, power and metal shares helped by fresh foreign fund inflows. The 30-share BSE Sensex rose by 204.16 points or 0.31 per cent to settle at 66,174.20 in a volatile trade. During the day, it hit a high of 66,256.20 and a low of 65,906.65.
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http://rediff.ly/16egk7
Benchmark equity indices Sensex and Nifty snapped two days of losses to close higher on Tuesday on the back of... Read more »»
http://rediff.ly/16egk7
Benchmark equity indices Sensex and Nifty snapped two days of losses to close higher on Tuesday on the back of fag-end buying in auto, power and metal shares helped by fresh foreign fund inflows. The 30-share BSE Sensex rose by 204.16 points or 0.31 per cent to settle at 66,174.20 in a volatile trade. During the day, it hit a high of 66,256.20 and a low of 65,906.65.
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http://rediff.ly/16efst
The Mumbai-based real estate developer Oberoi Realty has been one of the top-performing companies in its segment and... Read more »»
http://rediff.ly/16efst
The Mumbai-based real estate developer Oberoi Realty has been one of the top-performing companies in its segment and most brokerage remains bullish on the stock. The company's stock price is 52 per cent in the last 12 months beating the broader market by a huge margin. The benchmark BSE Sensex is up just 6.5 per cent during the period.
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http://rediff.ly/16e8zs
India Inc's net profit as a percentage of the country's gross domestic product (GDP) is just shy of reaching 5 per... Read more »»
http://rediff.ly/16e8zs
India Inc's net profit as a percentage of the country's gross domestic product (GDP) is just shy of reaching 5 per cent, bolstered by strong earnings growth in the second quarter of 2023-24. Analysts interpret this as an indication that a corporate profit upcycle is in progress, with projections suggesting that this share could exceed 8 per cent within the next five years, driven by bullish earnings growth expectations. "We believe we are only halfway through a profit cycle, with the profit share in GDP rising from a low of 2 per cent in 2020 to about 5 per cent currently, and likely heading to 8 per cent in the coming four to five years. "This implies about 20 per cent compounding of earnings growth. "Underscoring this forecast is the start of a new private capex cycle, under-geared balance sheets, a healthy banking system, lower corporate tax rates, improving terms of trade, and structural consumption demand outlook albeit somewhat offset by likely consolidation in government deficit," said Ridham Desai, managing director, head of research, Morgan Stanley India in a note.
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http://rediff.ly/16e6dk
The general elections in April/May 2024 are expected to add volatility to the Indian markets, keeping investors on... Read more »»
http://rediff.ly/16e6dk
The general elections in April/May 2024 are expected to add volatility to the Indian markets, keeping investors on their toes.
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