Index inclusion comes after the 'best has played out for the stock' is an overarching concern
A dip in demand amid rising inflation and central bank policies has seen brokerages, such as Goldman Sachs and Morgan Stanley, cut their respective growth estimates for the Indian economy
The Nifty Smallcap 100 Index rose 4.9 per cent. By comparison, the Nifty50 Index rose 3.5 per cent and the Nifty Midcap 100 soared 6.2 per cent
Brokerage has revised the mark upwards for the second time this month
NTPC was the biggest gainer among the Sensex constituents, spurting 2.80 per cent
Since valuations are higher in this space, a 7-yr horizon with 10% capital outlay can be looked at
Small-cap index still down 17% YTD, even as Nifty50, mid-cap indices back in green.
On their part, technical analysts see the Nifty is hit 18,100-18,200 levels before it makes any major attempt to reverse. However, this journey, they caution, can see intermittent corrections
On Friday, the Sensex gained 130 points, or 0.2 per cent, to end the session at 59,462
Market players seek clarity from exchanges on the exclusion rule
CLOSING BELL: Coal India, M&M, Bajaj Finserv, HDFC Bank, Hindalco, Axis Bank, NTPC, L&T, HDFC, Dr Reddy's Labs, RIL, IndusInd Bank, and Apollo Hospitals were the top gainers on the 50-pack index today
The benchmark Nifty50 Index has gained the most among major global markets, soaring 13.8 per cent since June 17, when it had dropped to its lowest levels in 13 months
33 out of the 50 companies have been part of the index since 2012
The two big challenges of inflation and aggressive FII selling are behind us, believes Sachin Shah, Fund Manager, Emkay Investment Managers
Stocks to Watch today: Britannia Industries, GAIL, Adani Enterprises, LIC Housing Finance, and Dabur India will be on the radar ahead of their Q1 results.
The Indian stock markets should perform well in the second half of 2022, even though most Asian economies might continue to struggle this year, a Singapore-based top business executive said
The consensus earnings estimate for Nifty companies for the ongoing (FY23) and next financial (FY24) have seen minor downward revisions
The Reserve Bank of India's MPC is likely to announce a repo rate hike of 35-50 basis points in its policy statement on August 5, a Business Standard poll showed
Analysts believe that the US Fed's confidence about strong labor markets and dismissal of recession brought respite to the investors
While analysts feel the fundamental backdrop has not drastically changed, a combination of domestic and global factors have lowered investors' apprehension.