Market strategist Rohit Srivastava predicts the Nifty 50 index could reach 27,000 by the end of this year or early next year. He advises investors to buy dips and focus on growth stocks despite geopolitical uncertainties that threaten short-term stability. Expert view: Rohit Srivastava, the founder and market strategist at Indiacharts.com, believes the Nifty…
The Sensex ended 791 points, or 1.04%, higher at 76,991.22, while the Nifty 50 settled at 24,021.65, up 198 points, or 0.83%. The Nifty Midcap 100 and Smallcap 100 indices rose by 0.10% and 0.39%, respectively. Stock market today: The Indian stock market witnessed solid buying interest on Wednesday, 24 June, with frontline equity…
Equities can be the preferred asset class as geopolitical tensions ease. Gold will continue to serve as a portfolio hedge and wealth-preservation tool, while silver may benefit from improving industrial demand but remains a relatively volatile asset. As geopolitical tensions ease following the US-Iran peace deal, investors are re-evaluating their portfolio allocations. Expectations of better…
According to experts, the 23,100–23,000 zone can act as immediate support for the Nifty 50. A decisive fall below this range could potentially drag the index towards 22,700 (the 78.6 percent Fibonacci retracement level). However, immediate resistance is seen at the 23,600–23,700 levels. The Nifty 50 recouped 254 points from the day’s low…
In the past one month, the Nifty Midcap 100 index outperformed the market by gaining 3.4 per cent, as compared to 0.1 per cent decline in the Nifty 50. Shares of midcap companies were in demand with the Nifty Midcap 100 index hitting a record high of 62,324.20, up nearly 1 per cent on the…
BSE Capital Goods index hit a new high of 79,887.59, up nearly 2% in Thursday’s intra-day deal. The index has surged 17% in the past two months. The BSE Capital Goods index today hit a new high of 79,887.59, surging nearly 2 per cent in Thursday’s intra-day deal after a strong buying in power,…
The Nifty SmallCap index is the top performing broader market index in Tuesday’s trade thus far. The Nifty SmallCap 100 and SmallCap 250 have surged nearly 1 per cent today. The Nifty SmallCap index has rallied as much as 16.8 per cent from its recent low of 14,143 hit on March 23 to Tuesday’s…
DMart is unlikely to see meaningful same-store sales growth improvement, except for seasonal fluctuations and possible price hikes by brands, given the competitive intensity in the sector Emkay Global has initiated coverage on Avenue Supermarts, operating as DMart, with a ‘Sell’ rating, citing concerns over limited total addressable market (TAM) expansion, rising competition from quick…
Q4 results 2026: Around 50 companies will be releasing their March quarter results in the coming week. Here’s a full list of companies expected to report their Q4 earnings next week. Q4 results 2026: The earnings season has finally begun, with Tata Consultancy Services among the first companies to declare their financial results for the…
TCS Q4 earnings: The IT bellwether’s revenue from operations rose 9.64 per cent to Rs 70,698 crore in Q4FY26 compared to Rs 64,479 crore in the corresponding period last year. TCS Q4 earnings: IT major Tata Consultancy Services Ltd (TCS) on Thursday reported a 12.12 per cent year-on-year (YoY) rise in its consolidated net profit…