Stocks

Closing bell: Sensex falls 216 pts, Nifty holds 9900; pharma stocks drag

3:30 pm Market Closing: Equity benchmarks ended lower for third consecutive session Wednesday on further profit booking. Geopolitical tensions hit market sentiment. The 30-share BSE Sensex was down 216.35 points at 31,797.84 and the 50-share NSE Nifty fell 70.50 points to 9,908.05. More than three shares declined for every share rising on the BSE. 3:24 pm Market Check: Equity benchmarks extended ... Read More »

LIC’s favourites: 20 stocks in which the Big Daddy of insurance holds 10-20%

Life Insurance Corporation (LIC) which has registered a whopping 145 percent jump in profit from the sale of equities in the April-June quarter of the current financial year was also busy in raising stake in most of the bluechip names. There are about 20 companies in which LIC holds more than 10 percent stake which includes names like ITC, Corporation Bank, Orissa Minerals, NALCO, IDBI ... Read More »

The wealth destroyers: 12 stocks that turned crorepatis into average men this year

The list of top wealth destroyers has several big names such as Videocon and Religare. NEW DELHI: Everyone talks about multibaggers in the stock market; very few dare mention the wealth destroyers. A dozen BSE-listed stocks with market values in excess of Rs 500 crore have wiped out up to 85 per cent of investor wealth this year, even as the benchmark Sensex rallied over 22 ... Read More »

Nifty likely to consolidate below 10,115; 5 stocks which can give up to 17% return

The index after a lot of struggle, successfully crossed the milestone of 10,000 mark in the week gone by. The Nifty50 made an all-time high at 10,114.85 on the expiry day, but we have seen some profit booking coming through in the last session as it closed at 10,014.50, still up by 99.25 points or 1 percent for the week. ... Read More »

Here’s what could go wrong with stocks at record highs

Jung Yeon-Je | AFP | Getty Images A man walks past a television screen showing file footage of a North Korean missile launch, at a railway station in Seoul on April 5, 2017. The midsummer market is a Goldilocks market, but it’s about to head into what can be two of the worst months of the year for stocks and ... Read More »

Asian stocks inch up, dollar steadies

MSCI’s broadest index of Asia-Pacific shares outside Japan , rose 0.1 per cent A more assertive policy message by the Fed was expected to lift US yields and boost the dollar. TOKYO, JULY 26:   Asian stocks edged up early on Wednesday after Wall Street indexes notched record highs, while the dollar was steady as investors awaited the Federal Reserve’s policy ... Read More »

Market Now: Stocks that surged up to 20% today

The overall market sentiments remained positive since the beginning of today’ session. NEW DELHI: Shares of Gujarat NRE CokeBSE 15.42 % (up 20 per cent), Bombay RayonBSE 5.43 % (up 19.98 per cent), Parsvnath DevelopersBSE 16.94 % (up 19.76 per cent), JP Power (up 19.27 per cent), GVK PowerBSE 1.37 % Infra (up 19 per cent) and Repro IndiaBSE -2.82 % (up 16.33 per cent) zoomed over 15 per cent on NSE as benchmark ... Read More »

Brace for volatility in F&O week; 5 stocks which can give up to 14% return in 2 months

Indian market witnessed a volatility week as benchmark indices closed marginally higher but over their crucial support levels. The Nifty50 closed 0.29 percent higher at 9,915 and the S&P BSE Sensex ended above 32,000 for the week ended 21 July. The Nifty50 index is trading at its all-time high and the recent up move in the index has not been ... Read More »

Tobacco stocks rebound after sharp plunge

Tobacco stocks today bounced back rising by up to 3 % on value buying, a day after a sharp plunge in the wake of higher cess. The stock of ITC made a positive opening and gained 2.56 % to Rs 291.90 on the BSE. On the volume front, 14.98 lakh shares of the company were traded on the BSE and ... Read More »

A decisive move above 9,900 required; 5 stocks which can give up to 7% in a week

The market strength is always judged on corrections. The Tuesday decline failed to conjure any follow-up move on the downside. In fact, the starting point of current four-digit gann channel (i.e. 9801) proved the savior, and in Thursday’s trade, marked an intra-day high of 9,923. Despite Nifty’s whipsaw moves in this week’s trade, BankNifty is gradually moving higher. In fact, ... Read More »