Stocks to watch today: Jaiprakash Associates has called a board meeting on Monday, December 12, to mull over sale of their Nilgrie cement unit in Madhya Pradesh
While India has been a standout market this year, with the NSE Nifty 50 Index up above 7%, compared to an 18% slump in global stocks, it remains the most expensive in Asia
The benchmark BSE Sensex rose by 160 points on Thursday in choppy trade following gains in select banking and auto counters amid mixed global cues.
About 1.8 million new accounts added, 20% below monthly average for calendar 2022
We believe the valuations at 20.5x one-year forward price-to-earnings for the Nifty50 Index are not exorbitantly expensive, but they aren't cheap either
After a sustained run, the benchmark Nifty is likely to move sideways and action could shift to the broader market
Eight of the top-10 most valued firms together added Rs 1,15,837 crore in market valuation last week, with Reliance Industries emerging as the biggest gainer. From the top-10 pack, HDFC twins were the only laggards. Last week, the BSE benchmark jumped 574.86 points or 0.92 per cent. The benchmark had settled above 63,000-level for the first time ever on Wednesday. The market valuation of Reliance Industries jumped Rs 71,462.28 crore to Rs 18,41,994.48 crore. Hindustan Unilever's market capitalisation (mcap) gained Rs 18,491.28 crore to Rs 6,14,488.60 crore. Tata Consultancy Services (TCS) added Rs 18,441.62 crore taking its valuation to Rs 12,58,439.24 crore. The valuation of Infosys climbed Rs 3,303.5 crore to Rs 6,89,515.09 crore and that of Adani Enterprises rallied Rs 2,063.4 crore to Rs 4,47,045.74 crore. Bharti Airtel's mcap grew by Rs 1,140.46 crore to Rs 4,72,234.92 crore and that of ICICI Bank jumped Rs 845.21 crore to Rs 6,49,207.46 crore. State Bank of India added Rs
Both shed 0.6% but end in green for second straight week; Broader markets play catch-up
The 30-share BSE Sensex climbed 184.54 points or 0.29 per cent to settle at 63,284.19, its fresh record closing high
FPIs bought shares worth Rs 9,010 crore on Wednesday, according to provisional data from exchanges
The rally was underpinned by strong inflows from foreign portfolio investors (FPIs)
Experts say gains by Indian equities will be steady if is no crude oil price surge
Here is the best of Business Standard's opinion pieces for today
Investors need to be cautious and look beyond market highs
3.5% jump in RIL lifts indices; Nifty crosses 2021 intra-day high
Overall PMS assets have been on the rise amid buoyant markets
Market volatility and lacklustre 1-yr returns weigh on activity
CLOSING BELL: Reliance Industries, Wipro, IndusInd Bank, Axis Bank, Tech M, Tata Steel, Maruti Suzuki, and M&M were the top Sensex gainers, rising between 0.5 per cent and 1.2 per cent
US Fed minutes indicate slower pace of rate hikes, investors cheer
Global stock markets jumped on Thursday after minutes of the US Federal Reserve's November policy meeting hinted at a possible moderation in the pace of interest rate hikes