Buy or sell stocks: After a positive start supported by favourable global cues, the Indian stock market witnessed sharp selling on Friday. This was on account of profit booking, which came in as cross-border tensions between India and Pakistan escalated following the terrorist attacks in Pahalgam, Kashmir. The nifty 50 index crashed 207 points and…
Indian stock market: It was a challenging financial year not just for the Indian stock market but also for the country’s biggest conglomerates. As the market grappled with headwinds like foreign investor selling, trade war jitters and valuation concerns, the group companies of Mukesh Ambani, Gautam Adani, Kumar Mangalam Birla, and the Tatas were far…
Infosys shares fell nearly 4 percent on March 12 after Morgan Stanley downgraded its rating on the stock to ‘equal-weight’ from ‘overweight.’ The brokerage cited concerns over slowing growth and valuation pressures, leading it to slash its target price for Infosys to ₹1,740 from ₹2,150. This revision implies a limited upside potential of just 10…
Buy or sell stocks: Driven by short covering and firm global cues, the Indian stock market sustained the selling pressure of Dalal Street Bears as the Nifty 50 index ended above the crucial 22,550 mark. The BSE Sensex sustained above the crucial 74,300 mark and closed at 74,332. The Bank Nifty index ended marginally low…
Buy or sell stocks: Extending losses to the eighth consecutive session, Indian stock market benchmark Nifty 50 ended in the red on Friday, February 14, amid persisting concerns over a trade war, foreign capital outflow and weak corporate earnings. The Nifty 50 has declined 3.4 per cent in these eight sessions. The index looks oversold…
Nifty IT index surged nearly 3% on Friday after the IT giant Tata Consultancy Services (TCS) reported strong December quarter earnings, leading to a rally in its shares. TCS share price jumped over 4% after its Q3 results, leading the gains in Nifty IT pack. Source link
