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Sensex falls 286 points, Nifty ends below 17,650; metals, IT stocks drag
Sensex closed at 59,126.36, down 286.91 points or 0.48%, while Nifty dropped 93.15 points or 0.53% to 17,618.15
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Infosys, TCS can rally 20% in 3-5 years: Goldman Sachs
Gartner’s estimates that outsourced IT services spend are likely to grow at an 8.6% CAGR over 2020-25.
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Birla Corporation spurts on plan to double cement capacity
Birla Corporation rose 6% to Rs 1,438.80, following the company's plan to scale up production to 30 million tonnes.
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Indian Overseas Bank jumps nearly 13% on exiting RBI’s PCA framework
IOB jumped 12.93% to Rs 23.15 apiece after the RBI decided to remove the public sector bank from the PCA framework
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Coal India is in a sweet spot; should you buy?
Antique Stock Broking has a buy rating on the stock with a price target of Rs 240 per share
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Sensex jumps 69 points, Nifty at 17,718; PSU banks rally
The broader markets were trading with strong gains in early trades. The BSE MidCap index advanced 120 points & BSE SmallCap jumped 192 points.
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Sensex slumps 410 points, Nifty ends below 17,750; PSU banks rally
Sensex ended 410.28 points or 0.68% lower at 59,667.60, while Nifty declined 106.50 points or 0.60% to 17,748.60
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Should you subscribe to Aditya Birla Sun Life AMC IPO?
The issue looks priced in line with its listed peers. The long term prospects of the company tend to be impressive owing to huge under-penetration.
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Multiplex stocks poised for re-rating on re-opening and content pipeline
The theatrical release remains the best way to monetise movie content, content producers to revert back to theatrical windows.
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Despite stretched valuations, there is still upside in cyclicals
As capital markets go beyond liquidity support from central banks, investor focus is shifting towards growth revisions.
