When we think of Bajaj, the iconic tagline from their advertisements, “Hamara Bajaj,” often springs to mind. Yet, when the conversation shifts to the stocks within the Bajaj Group, one name takes centre stage: Bajaj Finance. It’s not merely due to the persistent loan offers from their eager executives, but rather the colossal returns it …
Market Outlook Both the Sensex and Nifty have incurred losses, experiencing declines of 0.72% and 0.73%, respectively. In addition, the Nifty Midcap segment has seen a substantial decrease of 1.32%, while the Nifty Smallcap segment has declined by 1.68%. Currently, there are no major sectors showing positive performance, with the Nifty PSU Bank, Nifty Media, …
The Multi Commodity Exchange of India Limited (MCX), the country’s first listed exchange, witnessed a historic moment today as its shares soared to an all-time high of Rs 2,149.50 on the BSE. The trading day commenced with an opening price of Rs 2,090.05, surpassing the previous day’s closing at Rs 2,039.05. Currently, MCX is trading …
Oriental Hotels Limited, a prominent player in the hotel industry, is primarily engaged in owning, operating, and managing hotels, palaces, and resorts. Its stock has shown a significant rally since the beginning of today’s trading session in this weak market. While the broader market opened with a gap down, it eventually recovered and is trading …
The Indian headline indices started the week on a downtrend, reflecting the global market’s vulnerability due to the Israel-Palestine war. While all sectoral indices were experiencing declines, the BSE Information Technology sector stood out as an exception, with all of the Sensex’s IT constituents leading the way as top gainers, bolstering overall market sentiment. The …
Nifty formed a bullish candlestick pattern with minor upper and lower shadows on the daily chart, though it failed to hold above the 20-day EMA (exponential moving average placed at 19,662). Nifty saw a gap-up opening for yet another session at 19,621 and climbed higher as the day progressed to hit an intraday high of …
Nifty View: In the context of a broader market recovery, the Nifty decisively opened and closed above the 50 DMA. However, recent times have seen lower volume, and the daily trading range has shrunk to just 86.35 points. On Friday, it tested the 38.2% retracement level of the previous fall, aligning with our expectations from …
Indian stock markets had a roller coaster ride in the first week of October. For investors looking to make informed decisions, it’s essential to keep an eye on the top gainers and losers in the market. These can provide valuable insights into stocks or sectors that are performing well and ones facing challenges. Top gainers …
Market Overview Nifty has shown resilience by opening with a gap-up at 19,621.2 The bulls were in control of the market for most of the day, with the index hitting a new intraday high of 19,675.75 in the early afternoon. However, the bears pushed the index down from its intraday high. The index closed at …
The Nifty50, the most beloved and widely traded index in India, ended the week slightly up by 15 points compared to the previous week’s closing level of 19,638, concluding the day at 19,653. Observing today’s session, it opened the day at 19,621, which was 75 points up from its previous day’s closing level of 19,546. …
