Latest Stock Market News
Sensex gains 103 points, Nifty near 21K; Wockhardt soars 14%Updated at : 2023-12-11 16:45:02 Rate this item (1 Vote)
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Want to get into long debt? Lakshmi Iyer on what should be your port of callUpdated at : 2023-12-11 16:45:02 Rate this item (1 Vote)“If you are constructing a portfolio today, do not try to time the market and take those calls. It is okay to be a benchmark hugger, buy the index, buy the market and have a largecap-oriented portfolio. There is excessive froth building up. Within the long debt space, the gilt space looks the best. Between dynamic bond funds or gilt funds which are running reasonably higher durations relative to the other, should be the port of call.” |
Should those thinking about taking a home or car loan wait for a rate cut? Kaustubh Belapurkar answersUpdated at : 2023-12-11 16:45:02 Rate this item (1 Vote)“A large part of the money still remains on the shorter end of the curve, where rates are pretty attractive. And maybe a little bit of dabbling, perhaps on the dynamic bond side, the needle might not move immediately. I would still stay on the shorter end of the curve for the time being for a large part of my portfolio.” |
Pidilite Ind shares drop 0.64% as Sensex risesUpdated at : 2023-12-11 15:40:02 Rate this item (1 Vote)On the technical charts, the RSI of the stock stood at 57.42. |
Bajaj Holdings shares decline 2.16% as Sensex climbsUpdated at : 2023-12-11 15:40:02 Rate this item (1 Vote)A total of 1,744 shares changed hands on the counter till 02:10PM (IST) |
Orchid all set to generate enough cash to fund expansion plans: Manish DhanukaUpdated at : 2023-12-11 15:40:02 Rate this item (1 Vote)“Three years back, when we started, we had a significant debt. But, today we are a debt-free company and we also have significant investment plans. We are well set to not just utilise our QIP cash that we are sitting on, but also generate enough cash to fund our expansion plans.” |
Aditya Arora’s 2 stock picks in an overheated marketUpdated at : 2023-12-11 15:40:02 Rate this item (1 Vote)“Nifty is finding it hard to cross the resistance of 21,000. That is also a very stiff resistance for Nifty. So, we can see some neutral kind of a market or a little downward trend in Nifty and Bank Nifty as a profit booking within a larger uptrend. After the stellar rally in Bank Nifty from 43,500 to almost 47,800, it seems a cool off could be ahead of us.” |
Global investors moving into India for first time; India to outperform China for fourth straight year: Jonathan Garner, Morgan StanleyUpdated at : 2023-12-11 15:05:02 Rate this item (1 Vote)“Corporate return on equity in China has been falling relative to India and other emerging markets for some time. We would not recommend a contrarian shift back towards China; we would stay overweight India and we think India will outperform China for a fourth straight year next year which is unprecedented.” |
These 10 IPOs more than doubled investors' money on listing day in last 5 yearsUpdated at : 2023-12-11 15:05:02 Rate this item (1 Vote)Sigachi, Paras Defence and Tata Tech are among IPOs that have seen the best performance on the listing day. |
Colgate-Palmolive shares up 0.03% as Nifty gainsUpdated at : 2023-12-11 15:05:02 Rate this item (1 Vote)A total of 5,106 shares changed hands on the counter till 01:19PM (IST). |