Strong SIP book and new fund offers blaze the trail
The broader indices ended on a mixed note; among sectors, the IT index was up a per cent, while the energy, oil & gas and metal indices declined over a per cent each
Going forward, analysts said investors should be cautious due to Omicron and interest-rate concerns
With China being a problem child for foreign investors, India has made a killing with new issuances
The BSE Midcap and the Smallcap indices were up 0.1 per cent and 0.5 per cent, respectively. The overall breadth also was fairly positive, with 2,043 advanced shares v/s 1,334 declining stocks.
The stock of ASM Technologies was locked in the upper circuit for the 12th straight day, up 5 per cent at Rs 687.50, quoting at an all-time high level on the BSE
Ongoing strategic review to help improve volume, profitability in the long term
Reduced FII activity, positive newsflow around economic growth have lifted sentiment
The BSE Midcap index and Smallcap indices also finished with smart gains of 1 per cent and 1.5 per cent, respectively.
ICRA expected strong performance of Gokaldas Exports in the coming quarters on the back of its established market position and strong relationship enjoyed with large international customers.
The benchmark Sensex ended the session at 57,420 - a gain of 296 points, or 0.5 per cent
After listing, the company has a market capitalisation of Rs 615.47 crore
Main stock indexes in the United States are eyeing a third straight yearly gain, with the benchmark S&P 500 on track to close out the year 26.4% higher
Domestic mutual funds (MFs) pumped in Rs 76,779 crore (about $10.2 billion) into the markets this year until December 22
Two studies showed that Omicron's hospitalisation risk is less than the Delta variant
The shares of footwear retailer Metro Brands on Wednesday listed with a discount of nearly 13 per cent from the issue price of Rs 500 and settled over 1 per cent lower
While the equity categories had a bumper year, the going was tough for debt fund managers
The market breadth was positive, with 2,239 stocks gaining against 1,095 stocks declining on the BSE
High valuations, exuberance around many new-age businesses, and the excess money floating around in the markets are a source of short-term worry
Equity MFs have emerged as a saviour in domestic markets as FPIs have continued to sell stocks