Four of the top-10 most valued firms together added Rs 2.18 lakh crore in market valuation last week, with Life Insurance Corporation and State Bank of India emerging as the biggest gainers. From the top-10 pack, Reliance Industries, Tata Consultancy Services (TCS), Life Insurance Corporation of India (LIC) and SBI were the gainers. They collectively added Rs 2,18,598.29 crore in market capitalisation. On the other hand, HDFC Bank, ICICI Bank, Infosys, Bharti Airtel, Hindustan Unilever and ITC faced erosion from their valuation to the tune of Rs 1,06,631.39 crore. Last week, the BSE benchmark declined by 490.14 points or 0.67 per cent. Market valuation of LIC jumped Rs 86,146.47 crore to Rs 6,83,637.38 crore. The share price of LIC on Monday jumped nearly 6 per cent to hit the Rs 1,000 mark for the first time. SBI added Rs 65,908.26 crore, taking its valuation to Rs 6,46,365.02 crore. Market valuation of TCS climbed Rs 61,435.47 crore to Rs 15,12,743.31 crore and that of Reliance
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It simply sucks. I don't personally read blog posts word by word, so how can I except you to read them too? I known ther are people who are kind enough to read a 10,000 word long blog article from start to finish, but I think that's a minority.why waste your time ? Let me..
Saturday, 10 February 2024
FPIs on bullish stance; infuse over Rs 15,000 cr in debt market in Feb
Foreign Portfolio Investors (FPIs) continued their bullish stance on the country's debt markets with a net infusion of over Rs 15,000 crore so far this month, on the back of inclusion of Indian government bonds in the JP Morgan Index along with relatively stable economy. This followed a net investment of Rs 19,836 crore in January, making it the highest monthly inflow in more than six years. This was the highest inflow since June 2017, when they infused Rs 25,685 crore. On the other hand, foreign investors pulled out more than Rs 3,000 crore from equities during the period under review. Before this, they withdrew a massive Rs 25,743 crore in January, data with the depositories showed. "The main trigger for this divergent trend in equity and debt is the high valuation in the Indian equity market and the rising bond yields in the US," V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said. Himanshu Srivastava, Associate Director - Manager Research, Morningstar
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from Markets https://ift.tt/cQUa4Fm
Friday, 9 February 2024
Oriental Nagpur Betul Highway Pvt standalone net profit declines 54.13% in the December 2023 quarter
Sales decline 5.06% to Rs 95.24 crore
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from Markets https://ift.tt/Q4p6lCq
Thursday, 8 February 2024
Gold down by Rs 10, silver declines Rs 1,000, trading at Rs 73,500/kg
The price of 22-carat gold declined by Rs 10 with the yellow metal selling at Rs 57,990
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from Markets https://ift.tt/aPkYRUb
F&O strategy: Bull spread on Bank Nifty for the weekly expiry
Nandish Shah of HDFC Securities recommends to Buy Bank Nifty 45000 PUT and simultaneously sell 44500 PUT of the 14-Feb expiry.
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from Markets https://ift.tt/5TUd8bt
Divergent trend seen in Nifty FMCG, Metal and Realty; check key levels
According to Ravi Nathani, an independent technical analyst, the Nifty FMCG exudes a bullish short-term trend; while the Metal and Realty indices suggests a sell strategy.
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from Markets https://ift.tt/bkAY5ld
Mutual fund equity deployment tops Rs 1 trillion in 5 months, shows data
The MF deployment in equity funds is linked to the investor inflows into equity and hybrid funds. In the last two months, equity schemes have received a net of Rs 38,800 crore
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from Markets https://ift.tt/u6KsdT9
Wednesday, 7 February 2024
Sebi proposes ways for deregistered offshore funds to dispose of securities
A discussion paper is the first step taken by the Securities and Exchange Board of India (SEBI) before it finally changes its rules for market entities
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from Markets https://ift.tt/Wp4cCy3
Mankind Pharma promoters to divest 1.62% stake to comply with Sebi norms
The current aggregate promoter and promoter group shareholding as on February 7 is 76.50 per cent of the total paid-up equity share capital of the company
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from Markets https://ift.tt/P5rERld
Tuesday, 6 February 2024
Nifty IT, Auto Indices: Look bullish on charts, await dips to enter
According to Ravi Nathani, an independent technical analyst, the Nifty IT index may face resistance around 38,380 and 39,360; while hurdle for the Auto index is placed at 20,450.
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from Markets https://ift.tt/moR2LFz
Sebi issues guidelines for returning draft document of public issues
Markets regulator Sebi on Tuesday came out with guidelines for returning the draft offer document for public issues and its resubmission in a bid to provide greater clarity and consistency in the disclosures as well as for timely processing. In a circular, Sebi said the draft offer document for public issue or rights issue of securities will be scrutinized based on the broad guidelines specified by it and accordingly, such document will be returned to the issuer for resubmission. Under the guidelines, the draft offer document is required to be prepared in simple language with visual representation of data to ensure ease of understanding of its contents and the information needs to be presented in a clear, concise, and intelligible manner. The draft offer document needs to avoid complex presentations; vague and ambiguous and imprecise explanations; repetition of disclosures in different sections of the document and inconsistency in the data or facts provided in different sections of
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from Markets https://ift.tt/s35eUJ9
Monday, 5 February 2024
Stock market LIVE: Asian stocks mostly fall as US 10-yr yield spikes
Stock market LIVE updates on February 6, 2024: At 7:15 am, the Gift Nifty futures were nearly flat at 21,808
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from Markets https://ift.tt/IwY1D8m
Wall Street snubs China for India in a momentous shift in global market
Much of that cash is now heading for India, with Wall Street giants like Goldman Sachs Group Inc. and Morgan Stanley endorsing the South Asian nation as the prime investment destination
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from Markets https://ift.tt/BiUzFM4
Should you buy or sell Nifty PSU or Pvt Banks? Here's what charts recommend
According to Ravi Nathani, an independent technical analyst, the Nifty PSU index is current exhibiting a range-bound pattern; whereas Pvt Bank seems weak.
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from Markets https://ift.tt/3VGDX9j
Sunday, 4 February 2024
Stock market LIVE: Asia dips as Fed Powell says imminent rate cuts unlikely
Stock market LIVE updates on February 5: At 7:15 am, the Gift Nifty futures were 40 points lower at 21,909 levels
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from Markets https://ift.tt/vZA8okE
Nifty, Bank Nifty: Wait for confirmed breakout from trading range
According to Ravi Nathani, an independent technical analyst, the Nifty is moving in a trading band of 21,650 - 22,000.
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from Markets https://ift.tt/WqeSn05
Market resilience in a pill: Pharma's formula for Q3 earnings upgrades
Rx for returns: Pharma firms' dominance in market recovery prescription
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from Markets https://ift.tt/3Y5qVj0
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Goldprice dips Rs 10 to Rs 62,720, silver falls Rs 100 to Rs 74,900
The price of 22-carat gold also fell Rs 10 with the yellow metal selling at Rs 57,490 from Markets https://ift.tt/rpZGNwM
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साउथ इंडिया में थेनी के पास वेंकटचलपुरम में राधिका का जन्म हुआ। वे शादी के बाद दिल्ली आ गईं। एक शौक के तौर पर राधिका ने ट्रैवल फोटोग्राफी क...