When stock markets resume trading on Tuesday in the holiday shortened week, a host of important domestic and global events lined-up during this week are likely to impact them. The underlying tone of the market remains positive. Major global markets will remain shut for trading on December 25, Monday on account of Christmas holiday.
Nine Tata Group stocks that surged 50-200% in 2023
Multibagger tracker: This BSE500 stock turned Rs 10,000 to Rs 5 lakh in just 10 years
The company has an EPS of 21.61 on a trailing twelve-month (TTM) basis and the stock is currently trading at a PB of 3. According to the latest shareholding pattern available with the exchanges, public investors own a majority of the stake at 56.72%, while the rest of 43.28% lies with promoters.
Oil prices set for weekly gain as Red Sea tension persists
More maritime carriers are avoiding the Red Sea due to attacks on vessels carried out by the Houthi militant group, which says it is responding to Israel’s war in Gaza.
Ola Electric files draft papers with SEBI to raise Rs 5,500 cr via IPO
Nike forecast cut sends sportswear stocks 12% down as spending stumbles
That sent shares of rivals Adidas and Puma down roughly 5% each, with Lululemon down 2% and Under Armour down about 6% before the bell.
Taking Stock: Santa rally on D-Street; Nifty above 21,300, Sensex up 242 pts
For the week, BSE Sensex and Nifty50 down 0.5 percent each.Nifty, Sensex snap 7-week winning run; analysts see concentrated rally in select stocks
Nifty and Sensex are likely to continue their upward trend due to a concentrated rally in select stocks. However, the concern in the market now is the excessive valuations in the mid and small-cap segmentsMid-day Mood | Benchmarks shrug off correction fears, trade higher; all sectors in green
Trend in the broader market also remained exuberant as the Nifty Smallcap 100 and Nifty Midcap 100 indices gained over one percent respectively.At multi-year highs: Inox Wind among 4 stocks that saw 5-year swing high breakout
A 5-year swing high represents the highest price a stock has reached within a five-year timeframe.