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Ease of use, rock-bottom brokerage fees and access to foreign markets, have made digital-only brokers lucrative
Auto sector is expected to see momentum ahead of the festive season and Maruti Suzuki may come out of its underperformance.
IRCTC is the only entity authorised by Indian Railways to provide catering services to railways
Exide’s acquisition has minimal compliments to HDFC Life given its smaller size, it has been losing market share and immediate margins.
The auto major had already raised prices in January and April this year, with an overall hike of around 3.5%.
Milan Vaishnav of Gemstone Equity Research spoke to Money9 on the way markets will be headed from current levels.
Happiest Minds Technologies emerged as the second-best performer in the BSE500 index. It has rallied 336% to Rs 1,503.45 on a year-to-date basis.
BSE Midcap opened higher at 24,547 advanced 164 points or 0.68% after it touched a new high of 24,559. BSE Smallcap index scaled a new peak of 27,489.
Mazhar Mohammad of Chartview India is positive on Sterlite Technologies with a target price of Rs 288.
Overseas, Asian stocks traded higher on Monday following US jobs data released Friday that came in far short of expectations.