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Posted on March 5, 2024

Nifty, Sensex end flat as media, IT stocks fall; global triggers eyed for direction

Nifty, Sensex end flat as media, IT stocks fall; global triggers eyed for direction The market is likely to remain range-bound in the near-term. Weakness in the small cap segment is likely to continue. The Chinese National People’s Congress will be keenly watched by the markets, said analysts.
Posted on March 5, 2024

Mid-day Mood | Sensex, Nifty snap 4-day win streak to trade lower

Mid-day Mood | Sensex, Nifty snap 4-day win streak to trade lower Tata Motors zoomed 4 percent to hit a 52-week high of Rs 1,027 on bullish brokerage commentary after the company announced demerger of its passenger vehicle and commercial vehicle businesses
Posted on March 5, 2024

Big movers on D-Street: What should investors do with Data Patterns, Max Healthcare and Tata Steel?

Stocks that were in focus included names like Data Patterns, which rose 5.22%, Max Healthcare, which fell 2.97%, and Tata Steel, whose shares declined 1.45% on Monday.
Posted on March 5, 2024

Stablecoin Tether crosses $100 billion tokens in circulation

The number of dollar-pegged stablecoins issued by Tether has crossed $100 billion, the crypto company said on its website on Monday.
Posted on March 5, 2024

Bitcoin bursts above $68,000, record high comes into view

The price hit a session high of $68,580 and was last at $68,161. Bitcoin hit a record $68,999.99 in November 2021.
Posted on March 4, 2024

Nifty, Sensex trim gains to end flat; investors eye global indices for cues

Nifty, Sensex trim gains to end flat; investors eye global indices for cues In the absence of any major event, Indian market participants will continue to track global cues. Federal Reserve boss Jerome Powell’s congressional testimony and China’s National People’s Congress will be closely watched.
Posted on March 4, 2024

Mid-day Mood | Indices marginally up after Nifty hits a new high

Mid-day Mood | Indices marginally up after Nifty hits a new high The Nifty hit a new all-time high of 22,440.90 in the morning on positive global cues and optimism arising from India#39;s better-than-expected Q3 GDP growth
Posted on March 4, 2024

Nifty hits new high, Sensex up 138 points; energy, PSU banks lead gains

Nifty hits new high, Sensex up 138 points; energy, PSU banks lead gains The momentum is expected to continue with the fresh set of economic data expected during the week, Siddhartha Khemka of Motilal Oswal Financial Services has said
Posted on March 4, 2024

As of now, the risk of a major EPS downgrade for hospital stocks looks minimal: Elara Capital

The Supreme Court has asked the government to regulate hospital charges, but the implementation of CGHS rates is uncertain. Private healthcare delivery in India is unlikely to be severely disrupted, and hospital stocks are not considered a major risk at present. Pathiparampil says: “As of now, the risk of a major EPS downgrade for the stocks looks pretty minimal to me.”
Posted on March 4, 2024

RK Swamy IPO: Should you subscribe to this Rs 423 crore issue?

Analysts advised investors to subscribe to the issue as the company has demonstrated a proven capability to generate digital content at scale, establishing themselves as leaders in the field of market research.

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