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After 2 straight months of underperformance, the midcap and smallcap indices massively outperformed the benchmark Nifty in the month of April. The Nifty Midcap index jumped 5.8% while the Nifty Smallcap index surged 11.4% in the previous month. In comparison, the benchmark Nifty was up 1.24%. Continue Reading »
Bank Nifty soared to a fresh peak of 49,974.75 on April 30. However, profit booking in the latter part of the trading session led to a decline of over 500 points from its high, causing it to end slightly lower. Continue Reading »
Gold rate today: After touching a record high of ₹73,958 level on 12th April 2024, gold prices remained under sell-of pressure in the month gone by Continue Reading »
Share market in April: Sensex and Nifty 50 rose over a per cent each in April. Sensex hit its fresh record high of 75,124.28 on April 9 and the Nifty 50 scaled its fresh peak of 22,783.35 on April 30. Continue Reading »
Securities & Exchange Board of India (SEBI) on Tuesday decided to cut the face value of corporate bonds to ₹10,000 from ₹1 lakh at present, which is believed to enhance the participation of retail investors in the debt market. Continue Reading »
Following shares hit their 52 week high today - Mahindra & Mahindra, Power Grid Corporation Of India, Axis Bank, State Bank Of India, ICICI Bank Continue Reading »
While most experts expect the positive sentiment to continue in May with hopes of the Indian bourses hitting new highs, however, some experts also see some correction in the near term as elections are likely to bring some volatility in the markets. Continue Reading »