This railway stock surges over 50% in five sessions; did you miss the rally?
The PSU stock has delivered nearly 300% returns in the last ten months, hitting a new all-time high of ₹114.62 intraday from its 52-week low of ₹29 touched on June 21, 2022.
FY21: A bumper fiscal for the bourses
The Covid-19 pandemic failed to affect the bulls’ spirits, as benchmark indices saw absolute annual gains between 75.2% and 117.2% while FPIs pumped in a record ₹2.74 lakh crore into equities.
The significance of the Sensex breaching 50K
Market experts welcome the 30–stock benchmark adding 6,000 points since December 1, but also caution against stretched valuations.
Markets 2020: A volatile year of lows and highs
While the year was marred by the Covid-19 pandemic, lockdowns, and negative GDP, the equity benchmark indices, however, saw record highs. Will the trend continue in 2021 too?
U.K.’s mutant Coronavirus stings Indian equities
Fears over a new strain of the Coronavirus, discovered in the U.K., hit India's stock market on Monday, with benchmark equities witnessing the hardest fall in the past seven months.
When fear overtakes greed
Franklin Templeton India has closed six yield-oriented schemes—which accounted for 63.4% of its total debt-oriented funds’ average AUM. It links the closure to Covid-19-related market dislocations.
RIL-Facebook deal lifts markets
RIL closed 10% higher, and contributed over 51% and 43% in the points gained by the Sensex and the Nifty 50.
RBI MEASURES IMPRESS MARKETS
Round II of RBI’s Covid-19 crisis measures was received by the Sensex and the Nifty 50 gaining 1,116 and 331 points each before closing 986 and 273 points higher from the previous day’s close.
Markets end in the red after good start
Day after the lockdown extension announcement, markets remained in positive territory for majority of the day before global cues pushed them to close in the red.
Markets end in red despite early gains
The Covid-19 data and uncertainties continue to scare the bulls as benchmark indices close in red after gaining nearly 4% in early trade.