Stock Market
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Sensex, Nifty soar in early trade on impressive GDP data, foreign fund inflows
Mumbai: Equity benchmark indices Sensex and Nifty jumped in early trade on Friday helped by impressive GDP data and fresh foreign fund inflows. Also, a rally in global markets added to the positive…
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Nifty 500 companies deliver strong performance in Q3
New Delhi: The Nifty 500 companies delivered strong performance and reported an earnings growth of 25 percent YoY in 3QFY24, as per a report by Motilal Oswal Financial Services. The earnings growth…
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Global rally in equities showing no signs of exhaustion
New Delhi: Global bull run in equities led by the US market is showing no signs of exhaustion, says V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services. In the US, the…
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India’s market capitalisation will likely touch $10 trillion by 2030
New Delhi: India’s market cap is currently the 5th largest globally (US $4.5 trillion) but its weight in global indices is still low at 1.6% (10th rank), foreign brokerage, Jefferies said in…
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Nifty hit six new record highs this year indicating India’s bull market
New Delhi: This year alone, Nifty has set six new record highs during intraday trade and this is indicative of the strong momentum in the market, says V K Vijayakumar, Chief Investment…
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Nifty closes at all-time high, up for fifth straight session
Mumbai: Nifty ended higher for the fifth straight session on Monday after hitting an all-time high on the intra-day charts, said Deepak Jasani, Head of Retail Research at HDFC Securities. At close,…
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BSE market cap hits record high of USD 4.7 trillion
Mumbai: The BSE market cap touching a record high of around $4.7 trillion reflects the strength of the ongoing bull run and the momentum in the market, said V.K. Vijayakumar, Chief Investment…
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Indian stock market multiplied 4 times compared to zero returns for China since 2010
Mumbai: The Chinese market’s underperformance has been stark for many years now, said V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. In early 2010, the Shanghai composite index was around 3,000.…
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Small, mid cap indices under selling pressure as markets extend losses
New Delhi: BSE Sensex is now down more than 300 points as the markets extended losses on Monday. BSE Sensex is now at 71,218.82 points, down 376.67 points or 0.53 per cent.…
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Small and mid-cap stocks come under selling pressure
New Delhi: Small and mid-cap indices slumped on Friday in a broad based selling while the bluechip Sensex was flat. PSU stocks were also down across the board as the broader market…
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Sensex slips below 72K mark
New Delhi: BSE Sensex slipped into the red in the morning trade on Wednesday giving up its initial gains. Sensex is trading at 71,977.80 points, down 208.29 points. The weakness in the…
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Sensex up by more than 700 points a day after Interim Budget
New Delhi: BSE Sensex jumped more than 700 points to cross the 72k mark on Friday, a day after the presentation of the Interim Budget 2024-25. Sensex was trading at 72,422.09 points,…
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Housing scheme in Budget to boost steel, cement, construction
New Delhi: The boost to housing in the Interim Budget is another important proposal from the market perspective since this will benefit industries like cement, steel and all construction-related segments, Geojit Financial…
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Paytm shares slump 20 pc; hit lower circuit limit
New Delhi: Shares of One97 Communications Ltd, which owns Paytm brand, plummeted 20 per cent on Thursday as the RBI directed Paytm Payments Bank Ltd (PPBL) to stop accepting deposits or top-ups…
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Budget 2024: No major changes expected in taxation relating to capital market
New Delhi: Geojit Financial Services Chief Investment Strategist V. K. Vijayakumar said in the near-term, expectations regarding the budget will influence the market. Market does not expect any major changes in taxation…
