Market Bizzz – Page 238 – Read the latest business, financial news on Market Biz

February 20, 2024

Here#39;s what drove Nifty to hit an all-time high of 22,215 level; what#39;s next?

Strength in banking stocks, rupee, and easing bond yields were some of the major factors behind Nifty#39;s record high move, say analysts

February 20, 2024

Mid-day Mood | Nifty, Sensex recoup early losses on gains in heavyweight banks

While the benchmarks inched higher, trend in the broader market remained subdued. Analysts blame the frothy valuations in the small and mid-cap space after their recent bull run as the reason behind profit booking by investors.

February 20, 2024

Positive Breakout: Tata Elxsi and 6 other stocks cross above their 200 DMA

As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.

February 20, 2024

Big movers on D-Street: What should investors do with Novartis India, Global Health and YES Bank?

Stocks that were in focus included names like Novartis India, which rose 15.44%, Global Health, which fell 2.9%, and YES Bank, whose shares declined 4.58% on Monday.

February 20, 2024

Capital One to Acquire Discover in $35.3 Billion Deal

“A space that is already dominated by a relatively small number of megaplayers is about to get a little smaller,” said Matt Schulz, chief credit analyst at LendingTree.

February 19, 2024

Taking Stock: Bull-run continues; Nifty hits fresh all-time high, Sensex gains 282 points

Top gainers on the Nifty were Grasim Industries, Bajaj Finserv, Bajaj Auto, ICICI Bank and Cipla, while losers were Coal India, SBI Life Insurance, LT, Wipro and HDFC Life

February 19, 2024

Nifty, Sensex gain on optimism; focus on global developments, stock-specific moves

There is tremendous investor confidence among domestic investors. Even when FPIs are selling occasionally, like in October and November, domestic investors are showing confidence in the market, backed by fundamentals, said Nilesh Shah, CEO, Kotak MF.

February 19, 2024

Nifty hits fresh record high; bank, auto, consumer durables lead the pack

All indices were trading in the green even as fear gauge the India VIX soared 5.14 percent

February 19, 2024

At multi-year highs: M&M among 5 stocks that witnessed 5-year swing high breakout

A 5-year swing high represents the highest price a stock has reached within a five-year timeframe.

February 19, 2024

Dollar steady as sticky inflation dents rate cut expectations

The yen has hovered around 150 level in the last few days, prompting officials to comment on the currency moves and keeping markets on alert to a possible intervention by Japanese authorities.