CLOSING BELL: The NSE Nifty 50 swung wildly in a range of 17,112 to 16,957 as the weekly F&O expiry was in focus. The index finally settled with a loss of 107 points at 17,017 .
Stocks to watch today: Infosys, MindTree will report September quarter (Q2FY23) results on Thursday, October 13; HCL Tech saw 7 per cent YoY rise in consolidated net profit to Rs 3,489 crore in Q2FY23
CLOSING BELL: Power majors - PowerGrid, NTPC along with FMCG and select financial shares were the major gainers in trade among the Sensex 30 on Wednesday.
In the past one month, the stock has outperformed market as shares surged 25 per cent, as against 4.4 per cent decline in the S&P BSE Sensex
The fair value growth of the Nifty is expected to be healthy in the long run, driven by a strong economic growth outlook, says Paharia
Stocks to watch today: HCL Technologies, Wipro will report September quarter results (Q2FY23) on Wednesday, October 12; Suzlon Energy bags 144.9 megawatt (MW) order from Aditya Birla Group
CLOSING BELL: Sectorally, apart from the BSE IT index, which declined 2 per cent, the Consumer Durables, Metal and Realty indices were the other major losers
Stocks to watch today: TCS reported an 8 per cent rise in consolidated net profit to Rs 10,431 crore in Q2FY23; AU SFB re-appointed R V Verma as its non-executive chairman.
CLOSING BELL: IT, select auto and banking stocks aided the market recovery on Monday. TCS gained nearly 2 per cent ahead of its Q2 result.
Stocks to watch today: Tata Consultancy Services (TCS) will kick off India Inc's July to September (Q2FY23) earnings on Monday, October 10; HUL, GCPL slashed prices of soap products by up to 15%
The markets witnessed such a fall during this period amid weak global cues, a depreciating Indian rupee, and sharp selling by foreign institutional investors (FIIs)
Going ahead, the bullish sentiment is likely to sustain this October as it has in the last eight out ten years, analysts said
The MSCI India Index rallied almost 10% in the just-ended quarter, compared with a 23% slump for the MSCI China Index
Benchmarks ended nearly flat after a challenging H1FY23. But the indices may be eyeing greater volatility in the remaining part of this fiscal. Find out how the next 6 months may shape up for markets
With the rupee weakening against the US dollar, a more hawkish pivot by RBI is expected
India VIX index jumps 6% to June level
With increase in digital access and growing awareness about mutual funds, asset management companies (AMCs) have added close to 70 lakh investor accounts in the first five months of the current fiscal, bringing the total to 13.65 crore. This came following an addition of 3.17 crore investor accounts in 2021-22 and 81 lakh accounts (or folios in mutual fund parlance) in 2020-21, data with the Association of Mutual Funds in India (Amfi) showed. The sharp increase in mutual fund (MF) folio count implies that a lot of new investors are coming into the capital markets and are embracing mutual funds as their preferred vehicle for investing. "Demonetisation led financialisation of household savings, further propelled by pandemic led lockdown, generational shift in risk appetite and saving pattern, systematic investment plans becoming way of life and a long term structurally bullish market are primary reason for increasingly larger number of investors investing in mutual funds," said Akhil
A new survey has revealed that nearly 65 per cent households across the country plan to spend during the current festive season, while 35 per cent will refrain from doing so
The possibility of India being included in global bond indexes this year has led to increased buying in a set of local securities
Regulator in touch with exchanges, set to accept proposals made in discussion paper