Posts in category Economic Times
IT, financials lead Sensex rally, boosting investor wealth by Rs 4 lakh crore (22-04-2024)
Sensex surged 560 points, Nifty gained 189 points. Top contributors were ICICI Bank, L&T, Infosys, Axis Bank, Reliance Industries, SBI, Bajaj Finance. Conversely, HDFC Bank and NTPC weighed on the index.
Stock market update: Fertilisers stocks up as market rises (22-04-2024)
The 30-share BSE Sensex closed up 560.29 points at 73648.62
After GSPL, tariff cuts for GAIL also can’t be ruled out. Gajendra Singh of PNGRB explains why (22-04-2024)
PNGRB ensures regulated entities' returns are capped at 12% by carrying out pricing revision. Unified tariff has been introduced for the CGD companies as well as GAIL to sustain pipeline entities. Gajendra Singh of PNGRB says that emphasis is on transparency, customer benefits, and competition in gas sector for fair pricing.
Stock market update: Power stocks up as market rises (22-04-2024)
The 30-share BSE Sensex closed up 560.29 points at 73648.62
Stock market update: Nifty Pharma index advances 1.3% (22-04-2024)
The Nifty Pharma index closed 1.3 per cent up at 18643.0.
Nifty may test 25,800 in run-up to election results, says Prabhudas; picks 17 stocks to buy (22-04-2024)
PL has picked 7 largecap counters viz. HDFC Bank, ICICI Bank, Larsen & Toubro (L&T), Max Healthcare Institute, Maruti Suzuki, Reliance Industries (RIL) and Siemens. In the mid and smallcap universe, the top buys include the likes of Astral, Can Fin Homes, Eris Lifesciences, Grindwell Norton, Navneet Education, Praj Industries, RR Kabel, Safari Industries (India), Sunteck Realty and TCI Express.
Sterling and Wilson shares surge 9% after impressive Q4 results (22-04-2024)
Shares of Sterling and Wilson Renewable Energy (SWERL) jumped 9% on Monday to day’s high at Rs 617 after it posted impressive results for the quarter ended March 2024 with a strong rebound in financials both sequentially and on a yearly basis.
Aditya Arora on 2 top trading picks in a volatile market (22-04-2024)
Aditya Arora of Adlytick recommends defensive stock picks like Lupin and Voltas. With the market rebounding from key levels, he says the focus should be on theme-specific smallcaps/midcaps. It is time to be cautious as we are seeing adecline in global tech stocks. Arora says it time to be bullish on sugar and metals.
Jio Financial Services, M&M among 5 largecap stocks that hit new 52-week highs on Monday (22-04-2024)
Indian shares gained ground on Monday, following a recovery in Asian markets.
F&O stocks: LTTS, Muthoot Finance among 5 stocks with short buildup (22-04-2024)
Short selling occurs when a trader sells stocks they don't own, anticipating a price decline. For instance, selling stock XYZ at Rs 100 and buying it back at Rs 90 yields a profit of Rs 10.