[ad_1] New Delhi: It was a strong week for Dalal Street that saw four out of every five stocks from the broader index BSE500 Oil expected to end higher amid softening prices US Fed If the economy suffers a big loss, the rate hike may be slow. 23 index stocks gained 10-23 per cent during the period, some of which reported strong quarterly business updates ahead of the June quarter earnings season. For the week, the BSE 500 index closed at 22,028.14, up 688 points or 3.22 per cent from…
Tag: BSE
Zomato Share Price: Zomato, Star Health among BSE 500 stocks, fall up to 20% in volatile week
[ad_1] New Delhi: The last week of June turned out to be a mixed one for the domestic equity markets as the benchmark indices ended marginally higher. weak rupee, The number of FIIs, fear of recession and inflationary pressures continued to weigh on sentiments. However, strong auto sales numbers and good GST collection in June lifted the sentiments. Benchmark indices – BSE Sensex and Nifty 50 – gained less than half a per cent each, while midcap and smallcap indices gained up to a per cent each. Among sectoral gainers,…
BSE: Midyear Wrap: 4 out of 5 stocks in BSE 500 take deep cuts
[ad_1] The first six months of 2022 have proved to be volatile for the domestic equity markets. Benchmark Sensex and nifty A double-digit cut has been recorded, while the index used to track the second-ranked counters is down as much as 17 percent so far this year. According to data from AceEquity, 392 of these are shares. BSE 500 index has given negative returns between January and June 2022. That means four out of every five stocks are down on a year-to-date (YTD) basis as of June 29. About 210…
D-Street: As recovery in D-ST phase moves, 15 BSE 500 stocks rose 10-29% in last week
[ad_1] New Delhi: Domestic stocks staged a strong correction last week, even as the Fed said a slowdown in the US was a real possibility and was committed to easing inflation. A glimmer of hope for domestic stocks was a fall in crude oil prices amid concerns that weak global growth could dampen demand in developed markets. Bargain hunting also played its part in propelling the shares higher. “Momentum readings were very sold and RSI The readings showed a positive divergence on the chart. Sentiment changed as Nifty 50 crossed…
INOX: PVR-INOX merger gets approval from BSE and NSE
[ad_1] multiplex operator PVR and said on Tuesday that they have received approval from the exchanges of NSE and BSE for their merger. “The Company has received observation letter with effect from 20th June, 2022 with ‘No Adverse Comments’ and with effect from 21st June, 2022 with ‘No Objection’. National Stock Exchange of India Ltd with respect to the scheme of amalgamation respectively,” PVR said in a regulatory filing. This was also confirmed by inox Via a similar regulatory filing. A ‘No Objection’ certificate from the Exchange is a mandatory…
BSE Midcap Index: Mid- and small-caps have more pain in store
[ad_1] Mumbai: Pennies Recommending managers and equity analysts investors Might be in store as a sharp correction to stay away from mid- and small-cap stocks. Share prices of smaller companies have been under pressure in recent months, leading to a fall in equities departmentsMany retail investors may be hesitant to bring fresh money into schemes in the coming months – especially those who bet on mid- and small-cap schemes. The declining interest of investors in small companies became evident on Monday as BSE Midcap Index The benchmark also fell 1.4%…
Sensex: These shares of BSE 500 down by 15-28% due to the strengthening of bears’ hold on D-Street
[ad_1] It turned out to be a painful week for investors on Dalal Street as the benchmark index Sensex Lost 2,943 points. The broader Nifty 50, which ended below the 15,300 mark, is now only 411 points away from officially entering bear territory. Data shows this was the worst week for nifty in more than two years. Unabated selling of Indian equities by foreign portfolio investors (FPIs) also pushed the headline stock index down. Marking the biggest annual outflow, foreign investors have so far sold Indian shares worth over Rs…
Cairn India hits record high on BSE amid stake sale talks
[ad_1] Mumbai: Shares of Cairn India Limited rose 5 per cent to a record high of Rs 358 on Friday. BSE between the news Vedanta Resources UK-based Cairn is in talks to buy a majority stake in a subsidiary of Energy. Shares, which were flat for most of the session, shot up in the last hour of trading on Bombay inventory The exchange closed at Rs 355.45 with a net gain of 4.36 per cent. Analysts said the stock jumped from reports that Vedanta is in talks with its parent…
52-week high, 52-week low: HAL, M&M 63 stocks at 52-week high on BSE, 31 stocks at fresh lows
[ad_1] Indian benchmark indices were trading flat on Wednesday as IT and auto stocks witnessed selling pressure. Both BSE Sensex And NSE Nifty 50 was fluctuating between profit and loss in volatile trade. Meanwhile, the broader markets outperformed the two indices with BSE Midcap and Smallcap indices rising up to 0.77%. region wise, Nifty FMCGConsumer durables and realty indices edged up, rising 1 per cent each. Nifty Auto And PSBs were the other notable gainers. While financials and oil and gas indices were flat. A clear trend is unlikely to…