Tech sector companies from America to India are facing the biggest problem of recent times. This is a sign of recession
Among NBFCs, we think Cholamandalam Finance would be a dark horse, given that second-hand vehicles are seeing a huge amount of buying and selling
Sensex jumped 772.73 points from day's low to end at 59,005.27, up 514.34 points or 0.88% from its previous close
After touching an intra-day record high of 58,515.85, Sensex ended 166.96 points or 0.29% higher at 58,296.91
Sensex slipped 489 points from its record highs of 56,118 to end at 55,629, lower by 162 points or 0.29%
Most sectoral indices on the NSE closed in the red. IT and FMCG stocks led the rally, while metals, banks and financials were under pressure.
JM Financial maintains a precautionary view on the small and mid cap indices, which have made new highs on relative valuation against Nifty50
The 30-share index rallied 318.05 points or 0.58% to end at all-time peak of 54,843.98
There may be some sort of profit booking is due in the metal sector. However, looking at the global metal price this momentum is likely to continue
Sensex rallied 363.79 points or 0.69% to end at 52,950.63, while the broader NSE Nifty surged 122.10 points or 0.77% to 15,885.15