The benchmark index has bounced more than 50% from its March low, but is still about 7% below its January record close
Over Rs 650-cr selling in Zee, Infratel
Bharti Infratel and Zee Entertainment Enterprises will be dropped from the Nifty 50, NSE Indices said in a statement
According to a report by MOFSL, FIIs increased their weights in Oil and Gas (O&G), Capital Goods and Retail segments during Q1FY21 while DIIs trimmed their stake in these segments
Only 25 per cent of the 180 schemes under consideration managed to beat the 7.5 per cent gains posted by Nifty 50
All that happened in the markets today
The sharp retracement in prices of most quality stocks from their mid-March lows has made the market's reward-risk balance less favorable, say analysts at Kotak Institutional Equities
India's most valuable stock Reliance Industries rose about 1.1% ahead of an annual general meeting due later in the day
Gold, fixed income do well; Nifty50 stocks do not compensate for extra risk
After 5 consecutive days of gains, the Nifty 50 index on Tuesday ended at 10,800, its highest close since March 6-before India imposed lockdowns and the economic went through a virtual halt
On the results front, a total of 18 companies including Indiabulls Housing Finance are scheduled to announce their results today
Best month in terms of advance-decline ratio for Nifty 500despite headwinds such as rising covid-19 infections, India-China standof and ratings downgrade by Moody's Investors Service
Gloomy economic narrative does not justify stock market highs
At current level, index valuation 18% lower than its record high price of 30x in June 2019
Better the confirmation, stronger the view. It is wise to wait for the next session to give an appropriate confirmation. A green close suggests upward rally and a red close indicates weakness.
Nearly 40% of the schemes underperformed the Nifty
A sharp surge in share prices during the last week of May helped the markets improve their returns scorecard for the month. The benchmark Sensex and Nifty ended with losses of 3.8% and 2.8%
The rally has been underpinned by sharp gains in banking stocks. The Bank Nifty index has rallied 9.9 per cent in the past two sessions
The Bank Nifty declined 2.6%, with several big names posting losses in excess of 4%
Credit to MSMEs, suspension of IBC proceedings weigh on sentiment