Posts in category Economic Times
Shares of Shree Cements fall as Nifty drops (04-06-2024)
Shree Cements Share Price: On the technical charts, the 200-day moving average of the stock stood at Rs 26140.26.
Railway stocks tank 13% as early election trends diverge from exit polls (04-06-2024)
Railway firm stocks plummeted up to 13%, as election trends diverged from exit polls. Rail Vikas Nigam dropped nearly 13%, with Ircon International down by 12%. Other firms like RailTel, IRFC, Texmaco, and IRCTC fell 6-10%. Titagarh Rail Systems and Jupiter Wagons also saw declines. Early data showed the BJP-led NDA leading in 289 seats, contrary to exit polls projecting over 370 seats.
Tube Investments stock price down 1.12 per cent as Sensex slides (04-06-2024)
As of 31-Mar-2024, promoters held 44.83 per cent stake in the company, while FIIs held 28.32 per cent and domestic institutional investors had 9.98 per cent.
PI Industries shares drop 0.71% as Sensex falls (04-06-2024)
A total of 7,134 shares changed hands on the counter till 11:36AM (IST)
India VIX jumps 40%, registers highest single-day gain in 9 years (04-06-2024)
India VIX, the fear index, soared by nearly 40%, marking its highest single-day gain in 9 years amidst strong election count trends. Investors adopted a risk-averse stance, leading to a 4,100-point drop in Sensex. Market capitalization declined by Rs 17.61 lakh crore. Experts anticipate VIX to hit 30, advising cautious investment strategies.
FMCG, healthcare stocks defy markets with spirited fight back, gain up to 4% (04-06-2024)
As Sensex and Nifty tanked nearly 4% on Tuesday in the wake of early poll trends, FMCG and healthcare sectors held strong, with Nifty FMCG, Nifty Pharma performing well. Dabur India, Colgate Palmolive, and Marico were top gainers.
Avoid going long on high beta trade; stick to defensives: Sanjiv Bhasin (04-06-2024)
But I do not think it is a time to short, but I do not think it is the time to go long on the high beta trade, the Adanis, the PSUs just be cautious there, try and build your portfolio on stocks which are giving you opportunity, momentum like HDFC twins, SBI Life, UltraTech, ABFRL and Vodafone.
Share price of Trent falls as Nifty weakens (04-06-2024)
A total of 23,059 shares changed hands on the counter till 11:26AM (IST).
Defence stocks fall up to 11% in early trade session amid tight election race (04-06-2024)
Defence stocks fell up to 11% on BSE as ruling NDA may get lower seats in Lok Sabha elections, impacting market sentiment.
5,600-point crash not enough! Sensex may fall more if NDA’s final tally drops below 300 seats (04-06-2024)
Sensex and Nifty fell over 4,000 points following disappointing early counting trends in the elections. The market capitalisation of BSE-listed stocks dropped significantly, erasing gains from the previous session.