Indian equity benchmarks BSE Sensex and NSE Nifty 50 opened higher on the first trading day of the week amid positive cues from global markets. Gains in financial and IT shares led the headline indices higher. The BSE Sensex started the week at 60876.01 points, while the NSE Nifty 50 was at 8118.45 points. The [...]
Ahead of the ₹ 20,000 crores follow-on-public offer, the share prices of Adani Group companies suffered deep cuts. They were trading in the red, following a negative report by Hindenburg Research, an American short-selling firm, saying that it held short positions in the Indian group through US-traded bonds and non-Indian-traded derivative instruments. The shares of [...]
Out of the many categories of stocks, Blue-chip stocks are considered a safer choice. It is because they typically have solid balance sheets, steady cash flows, and proven business models. Along with this, the stock prices increase steadily and give significant returns. Here are 2 Bluechip stocks recommended by analysts for an upside of up [...]
Many investors closely follow the changes in the portfolio of ace investors. Mukul Agrawal, a well-known Indian ace investor publicly owns 56 stocks with a net worth of over ₹ 2,896.4 Cr. A few companies are yet to report their shareholding pattern, therefore, information about the shareholding holding pattern of these companies is not yet [...]
Helped by a firm global market trend and buying in IT counters, domestic benchmark indices opened on a positive note on Monday, even as higher oil prices and continued foreign investor selling kept a lid on gains. The 30-share BSE Sensex climbed 325.59 points to 60,586.77 in early trade, while the broader NSE Nifty advanced [...]
Investors keep a track of buying and selling by Foreign Institutional Investors (FIIs), mutual funds, other Domestic Institutional Investors (DIIs) and ace investors to guide their investment decisions. It is important to analyse the stocks in their top picks and then make investment decisions. According to a recent report published by Business Standard, domestic mutual [...]
The Piotroski score is a score between zero and ten, used to determine the best value stocks, with nine being the best and zero being the worst. It uses nine parameters to determine the strength of a firm's financial position. These parameters include net income, operating cash flow, quality of earnings, return on assets, leverage, [...]
The shares of Adcon Capital services gained 4.81% on Wednesday and were locked at ₹ 5.01 apiece, at an upper circuit. Its shares have been on a gaining streak since November 2022. Incorporated in 1994, Adcon Capital Services Ltd is a Non-deposit taking NBFC (Non-Banking Financial Company). It is engaged in the business of providing [...]
Tracking positive clues from the global market, domestic benchmark indices - BSE Sensex and NSE Nifty 50 opened higher. Most sectoral indices were in the green barring consumer durables. The BSE Sensex started the second week of 2023 at 60147.07 points, and the NSE Nifty 50 started at 17952.55 points. The indices snapped a three-day [...]
Stock market investors in India are bracing themselves for the challenging weeks before the upcoming budget session as economic growth retreated from a peak and foreign investors pressed the sell button on Indian shares. India’s stock market outperformed most Asian markets, however, it is already overshadowed in 2023 as China’s reopening economy will attract funds [...]
