Markets saw a negative day of trading as profit bookings were seen in major financial stocks. Bank Nifty cut the Nifty index by 1% and both indices ended in the red. Bank stocks such as SBI, ICICI Bank, HDFC Bank, and Kotak Bank saw long positions unaware as profit bookings weighed. The Nifty Midcap 100…
Markets saw a cheap trading day and long positions with key indices were unknown. Bank Nifty cut Nifty by 1% and both indices declined. Financial stocks such as HDFC Bank, SBI, and ICICI Bank were among the best performers. The Nifty Midcap 100 index closed higher by 0.75%. The market width ended in favor of…
Bank stocks are more focused than the Reserve Bank’s monetary policy. Moreover, a slight surge in credit growth, along with market experts, has given the bull markets a boost in banking and financial stocks – which has increased investor appetite for these stocks. The ‘situation’ with the ‘accommodation position’ at the Reserve Bank is expected…
Shares of Nifty Realty continued their gains amid positive markets on Thursday. The index rose by 4% after hitting the Oberoi Realty record on Thursday. Phoenix Ltd was in top gear, with Prestige and Indiapools real estate gaining more than 5%. Suntech Realty was also positive. The declining cases and gradual restrictions in many cities…
The S&P BSE Small Cap Index is trading in positive territory on the BSE on Thursday. The index hit a new record high of 23,093.28 after recording strong earnings by the respective companies for the quarter ended March 2021. Shares of Automatic Print, Gayatri Projects, Power Pumps, Pokarna, TV Today, TCI Express, Just Dial, Walchandnagar…
Since metal stocks are more than 5%, indices use early gains. The BSE Sensex is currently trading at 49,201.47, up 251.71 points or 0.51%. The Nifty 50 is currently trading at 14,821.40, up 96.60 points or 0.66%. The Nifty Bank was up 0.23% at 32,902.95 and the Mid Cap Index was down 0.12%. Tata Steel,…
Indices trade higher on elegant banking and metal stocks.The BSE Sensex is currently trading at 48,825.43, up 106.91 points, or 0.22%. The Nifty 50 is currently trading at 14,673.25, up 39.10 points or 0.27%. The Nifty Bank was up 1.35% at 32,903.80 and the Mid Cap Index was up 1.77%. SBI Life, UPL, Bajaj Accounting,…
The BSE Sensex is currently trading at 49,687.54, up 743.4 points, or 1.52%. The Nifty 50 is currently trading at 196.70 points, or 1.34%, at 14,849.75. The Nifty Bank was up 2.32% at 33,493.95 and the Mid Cap Index was trading at 1.53%. Bajaj Finance, Bajaj Finserv, Eicher Motors, IndusInd Bank, and Kotak Bank were…
The Sensex and Nifty 50 started the session some in the negative country and jumped early. But they failed to establish themselves in a positive country. Benchmark indices saw interest selling in a negative country. Asian markets show mixed references. The Nikkei 225 is trading positively at 29,642, while the Hong Cheng index is down…
