Benchmark equity indices ended sharply lower on May 29, with the Nifty slipping below the 23,600 mark amid broad-based selling pressure across sectors. Investor sentiment remained cautious following the IMD’s monsoon forecast at 90% of the Long Period Average (LPA), while a rise in India VIX reflected heightened market volatility. Selling pressure intensified during the…
Indian benchmark indices rebounded on Monday, breaking their recent losing streak amid strong gains in financial and energy stocks, with additional support from pharma and healthcare shares. The Nifty ended its two-day decline to close at 25,682.75, up 211.65 points or 0.83%, while the 30-share BSE Sensex recovered from a three-session slide to settle at…
In the NSE list of stocks with a market cap over Rs 10,000 crore, 11 stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on January 16, according to stockedge.com’s technical scan data. Trading below the 200 DMA is considered a negative signal because it indicates that the stock’s price is below its…
The Indian market ended lower on Tuesday, with the Sensex and Nifty retreating after briefly brushing record levels in the previous session, as investors locked in gains and foreign funds continued trimming exposure. A mix of profit-taking and external pressures kept the benchmarks under strain.The S&P BSE Sensex slipped 503.63 points, or 0.59%, to finish…
Concord Biotech saw a weekly decline of 27.71%, with the stock closing at Rs 1693.20 on the BSE at the end of the week. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times) Source link
The Indian stock markets, which had a roller coaster ride in 2024, produced 33 of the biggest wealth creators. These stocks have a market capitalization of Rs 5,000 crore or more and have delivered multibagger returns ranging from 315% to 104%. Among the major stocks are Trent, Zomato, PB Fintech (Policybazaar), Rail Vikas Nigam Limited…