Stock market today: Trade setup for Nifty 50 to global markets, five stocks to buy or sell on Wednesday — September 4

Stock market today: Frontline indices – the Sensex and Nifty 50 ended the day relatively unchanged, on Tuesday. The Sensex began at 82,652.69, slightly above its previous closing of 82,559.84. It moved within a narrow range of approximately 274 points and finished 4 points lower at 82,555.44. The Nifty 50 opened at 25,313.40, marginally above…

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Market cap of eight out of top 10 companies gains; Bharti Airtel, Infosys, TCS leads, ITC, Hindustan Unilever decline

The market valuation of eight out of the top ten most valuable companies in India saw a significant increase last week, adding a total of ₹1,53,019.32 crore. Bharti Airtel, along with IT giants Infosys and Tata Consultancy Services (TCS), emerged as the biggest beneficiaries, reflecting a strong rally in the equity markets, on August 30,…

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Market capitalisation of 9 of top 10 valued firms surges by ₹95,522 crore; Reliance, TCS among top gainers

The combined market valuation of nine of the top 10 most valuable companies rose by ₹95,522.81 crore last week, with Reliance Industries, TCS, and HUL leading the gains. The 30-share BSE Sensex climbed for the fourth consecutive session, ending 33.02 points or 0.04 percent higher at 81,086.21 on Friday. Over the past week, the BSE…

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Despite valuation comfort in largecap stocks, PL Capital’s Vikram Kasat sees opportunity in small and midcaps

Indian stock market investors should capitalize on the growth potential of midcap and smallcap segments while having defensives like largecap pharma, IT and consumer in their portfolio, said Vikram Kasat, Head – Advisory, PL Capital – Prabhudas Lilladher. In an interaction with Livemint, Kasat said there is more valuation comfort in largecap stocks and investors…

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No CVV for payments on tokenised cards. Is your money safe?

The bank’s response was, however, not satisfactory. He was told that the CVV or card verification value wasn’t validated because his card was tokenised. As per the card network’s guidelines, CVV–a three-digit number given on the back of debit and credit cards–is no longer required to validate tokenised card payments, the bank said. Card tokenisation…

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Nifty 50 may rise 11-13% in next 12 months, cautious on midcaps, says Anand Rathi; Hero Moto, ICICI Bank among top picks

The medium to long-term outlook for the Indian stock market remains robust and the benchmark Nifty 50 index is expected to give around 11-13% returns in the next twelve months, analysts at brokerage firm Anand Rathi said. While the smallcap stocks are expected to outperform the brokerage firm remains more cautious on midcap stocks and…

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