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Christopher Wood, global head of equity strategy at Jefferies, has reshuffled his Asia ex-Japan and global long-only portfolios, making notable changes in his Indian holdings. He increased his exposure to Indian real estate and online travel stocks while trimming stakes in select banking and technology names. Wood also recommended reducing exposure to US equities, citing…
Indian stock market benchmark Nifty 50 is on track to end its longest monthly losing streak since its inception in 1996. The index rebounded over 6 per cent in March after five consecutive months of decline. Nifty 50 reached a new peak of 26,277.35 on September 27. Then, it hit a downward spiral, plunging 14…
Adani Green share price traded higher on Friday after the company announced two business developments. The Adani Group stock, Adani Green shares rose as much as 1.68% to ₹975.80 apiece on the BSE. Adani Green Energy shared two business updates, including its one subsidiary receiving an order from Uttar Pradesh Power Corporation Ltd (UPPCL), and…
Read this | Hero Motocorp bets on steady EV market growth, eyes pan-India expansion These challenges have weighed heavily on its stock, which has tumbled nearly 30% in the past six months and more than 20% over the past year. With competition intensifying and consumer preferences shifting, Hero faces a critical question: Can it reinvent…
Shares of Zaggle Prepaid Ocean Services, a SaaS fintech company, were locked at a 5% upper circuit for the second consecutive trading session on Friday, March 28, reaching ₹361.85 apiece after the company approved the acquisition of a 45.33% stake in Effiasoft Private Limited (Effiasoft). “The Board of Directors of Zaggle Prepaid Ocean Services Limited…
Gold price today: Gold rates continued enjoying bullish momentum on Friday, March 28, as the yellow metal rose about half a per cent in the domestic futures market’s early deals due to mounting concerns over the economic fallout of US President Donald Trump’s aggressive tariff policies. MCX Gold April 4 contracts traded 0.46 per cent…
Gold and Silver prices today: Gold is priced at ₹88,900 per 10 grams (24 carat) on March 28, according to data on the Indian Bullion Association (IBA) at 8.50 am. Further, 22 carat gold is priced at ₹81,492/10 gms. Gold prices have remained steady over the past 24 hours. On the MCX index, price of…
The NSE has in a circular dated March 27, said it has deferred its decision to revise the weekly futures and options (F&O) expiry day to Monday. This comes after a consultation paper from the Securities and Exchange Board of India (SEBI), it added. The circular was posted on the official NSE website and addressed…
Stock Market today: The benchmark Nifty-50 index rebounded 0.45% on Thursday to end at 23,591.95. Bank Nifty gained 0.72% to 51,575.85 while most other sectors led by Realty and Oil & Gas stood among gainers. Auto and Pharma, nevertheless were some of the losers Trade Setup for Friday Having bounced from the lows, Nifty 50…
Buy or sell stocks: Domestic equity benchmarks Sensex and Nifty 50 settled higher in the previous session, driven by foreign capital inflows and strength in heavyweight stocks, amid the expiry of monthly derivates contracts. The NSE Nifty 50 rose 0.45 per cent to 23,591.95, while the 30-share BSE Sensex traded 0.41 per cent higher at…
