Tag Archives: above

More than 100 stocks above Rs10K crore market cap trading above 200-DMA; time to buy?

The Nifty50 flirted with its long-term moving average which is also known as 200-day moving average (DMA) in the past week but there are as many as 126 stocks in the large and midcap space with a market capitalisation of more than Rs 10,000 crore which are trading just above this crucial level as on 5th April. When the Nifty ... Read More »

Closing bell: Sensex rallies 346 pts to end above 33K; Midcap, Nifty gain 1%

3:30 pm Market Closing: Equity benchmarks rebounded sharply after three-day of losses, backed by technology, banks, metals and energy stocks. The 30-share BSE Sensex was up 346.38 points or 1.06 percent at 33,106.82 and the 50-share NSE Nifty rose 96.80 points or 0.96 percent to 10,214.80. About 1,672 shares advanced against 983 declining shares on the BSE. 3:29 pm Coal ... Read More »

Market Live: Sensex gains, Nifty above 10100; Reliance up 3%, pharma in focus

The benchmark indices are trading firm with Nifty trading above 10100 level. The Sensex was up 78.63 points at 32237.29, and the Nifty was up 15.50 points at 10108.55. About 1234 shares have advanced, 950 shares declined, and 115 shares are unchanged. Reliance Indistries, Sun Pharma, Dr Reddys Labs, M&M, BHEL, Tata Power and Bank of Baroda are top gainers ... Read More »

James Damore has an ‘above decent’ chance of winning his legal case against Google

James Damore, the man fired by Google after he published a manifesto that suggested women may have a disadvantage in tech because of their biology, may well prevail in the legal case he has filed against his former employer. That’s because he filed his complaint against Alphabet (Google’s corporate parent) under a provision of the National Labor Relations Act that protects workers’ rights ... 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 »

Market Live: Nifty above 9600, Sensex extends gain; M&M up 2%

11:45 am Management at banks: Banks Board Bureau (BBB) has recommended to the government names of 15 general managers of various public sector banks for appointment as executive directors. Sources said the recommendations were made by BBB Chairman Vinod Rai and other members of the bureau. The list would be sent to the Department of Financial Services to get Appointments Committee ... Read More »

Brexit boost for superyacht industry as sales rise above sinking pound

Britain’s superyacht industry is weathering the Brexit storm with the sector reporting its highest level of confidence in the wake of the EU referendum – although choppier waters could be on the horizon. Fresh figures released by British Marine and Superyacht UK on Monday show that revenue rose 11.5 per cent to £605m in 2015/2016, marking the industry’s fourth consecutive year of growth. However, ... Read More »

Sensex gains 150 points; Nifty above 7,750-mark; ITC top gainer

Snapping three-session long gaining spree the S&P BSE Sensex on Monday added over 150 points points, while the broader CNX Nifty surged above its key 7,750-mark. The benchmark inidices rallied tracking Asian shares which rose after a solid session on Wall Street, while the dollar held near recent highs against major rivals as investors bet that the US Federal Reserve ... Read More »