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Indian equity market will continue to stay strong in 2021 with the likely recovery in the economy and earnings. The benchmark equity indices BSE Sensex and NSE Nifty had advanced nearly 16% last year after central banks expanded their balance sheet and interest rates declined sharply leading to a wave of liquidity globally. Overall, the […]
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Brokerage Motilal Oswal Financial Services is positive on midcap players like JK Cement, AU Small Finance Bank, Jindal Steel and Power (JSPL), Tata Consumer, Oberoi Realty, Indian Energy Exchange, ICICI Securities, Varun Beverages, Security and Intelligence Services (SIS) and Gujarat Gas amid the ongoing rally in the domestic equity market. Barring SIS (down 12%), shares […]
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The sharp recovery on Dalal Street from March lows helped portfolio managers to deliver a healthy return to their high net worth investors (HNI) last year with some of them delivering as high as 62% return. Overall, the year gone by stood highly tumultuous for equity investors. Where Covid-19 hit the financial markets during the […]
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Time in the equity market is important than timing the market. Historical data also support the old saying. The benchmark BSE Sensex has advanced over 800% since the beginning of 2000 with Bajaj Finance rallying more than 1,00,000%. Titan Company, Kotak Mahindra Bank, Asian Paints and Axis Bank also soared over 10,000% during the same […]
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Two IPOs will hit the markets next week to raise Rs 5,600 crore cumulatively. State-owned IRFC will be the maiden IPO of 2021 as its public offer is set to open for subscription on January 18 with a price band of Rs 25-26 per share. Besides being the maiden IPO of 2021, IRFC is the […]
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Despite opening in the red partly due to the remarks made by RBI Governor Shaktikanta Das on the stability of banks, benchmark indices staged a strong recovery and rallied for the third consecutive day to end at record highs. Sensex was up 247 points or 0.50 percent to close at 49,517 while Nifty rose 78 […]