Asian Paints was the top gainer in the Sensex pack, advancing over 3 per cent, followed by Titan, Bajaj Finserv, ONGC, Infosys and TCS
India currently ranks eighth on the table of most-valued equity markets, ahead of Germany which has a market cap of $2.8 trillion
Investors' wealth on Monday jumped Rs 3,03,725.89 crore as equity markets rallied on increased buying. The BSE benchmark index zoomed 848.18 points or 1.74 per cent to close at 49,580.73. Following the market capitalisation of the BSE-listed companies at the close of trade jumped Rs 3,03,725.89 crore to Rs 2,13,64,459.08 crore. "Domestic equities witnessed strong rebound today as robust Q4FY21 earnings and early sign of decline in the second wave of daily caseload bolstered investors' confidence. A strong recovery in financials followed by auto and metals supported market's rally today," said Binod Modi, Head Strategy, Reliance Securities. IndusInd Bank was the biggest gainer rallying 7.27 per cent, followed by SBI, ICICI Bank, HDFC Bank, Axis Bank, and HDFC. On the other hand, L&T, Bharti Airtel, Nestle India, Sun Pharma, PowerGrid, Maruti Suzuki, and HUL were the laggards. In the broader market, the BSE midcap and smallcap indices gained up to 1.63 per cent. Sectorally, BSE ..
These funds account for Rs 56,000 crore of category assets worth Rs 71,700 crore
Say volatility in India and other markets due to inflationary pressure in the US likely to be transitory
On Friday, the index closed at 14,631, after dropping 264 points, or 1.8 per cent. Despite the sharp fall, the 50-share index currently trades above its 100-DMA of 14,459
Returns for the month slipped into marginal negative territory because of the 2 per cent fall on Friday
The IPO will be a litmus test on whether domestic investors have the patience and maturity to deal with loss-making tech companies
Sensex records biggest one-day jump in a month, Nifty50 ends the session with a gain of 211 points or 1.4 per cent
A weaker Rs, slower growth, and higher inflation could lead to investors focusing on export-oriented stocks
Retail investors need to realise they have enjoyed a hefty dose of beginner's luck
Such funds alternate between debt and equity depending on market conditions
The main concern for the PSU banks is governance, says Pradeep Gupta of Anand Rathi Shares & Stock Brokers
As the pandemic recedes and growth recovers, we may see inflationary pressures, says Mukherjee
Retail ownership of the BSE500 has fallen from 21 per cent in 2005 to 14 per cent now despite net buying
The equity markets will remain strong from the perspective of bottom-up opportunities, said MD Garre
Net redemptions of Rs 9,200 cr in Jan, over Rs 42,000 cr since July
A key trigger for the increased retail participation in equities has been the lockdown triggered by Covid-19 that saw investors channelizing their savings to capital markets in search of better return
Sensex nearly 85 per cent each since Trump's inauguration on January 20, 2017; Spanish and British markets fared worst in the last four years
Listen to the podcast to know how one should play this volatile market ahead of the Budget presentation, scheduled on February 1, 2021