ALL EYES WILL BE ON THE MONETARY POLICY

  • Achiievers

The monetary policy committee (MPC) meet starts today and the rate announcement will be made on August 01st. While inflation is higher, the MPC may wait till October to see food inflation impact before hiking rates. We reiterate that two wheelers...

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Markets were up vertically on Monday

  • Achiievers

Markets were up vertically on Monday. Nifty and the Bank Nifty scaled new highs as banking heavyweights spurred the index. Banking heavy weights like ICICI Bank and SBI along with a clutch of PSU banks pushed the Nifty and the Bank Nifty to historic highs....

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Nifty and the Sensex to scale new highs on Friday

  • Achiievers

In the midst of all the risks pertaining to global trade wars and the oil prices, the Nifty has scaled an all-time peak at 11,278 on Friday backed by ITC. Encouraging results from ITC helped the Nifty and the Sensex to scale new highs on Friday. Oil and...

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NIFTY AND SENSEX GET TO ALL-TIME HIGHS

  • Achiievers

The rally on Thursday was typically driven by short covering as stocks like SBI and ICICI Bank saw a lot of short positions getting covered on F&O expiry day. Maruti did come under pressure due to aggressive analyst expectations. There may...

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Sensex touched record high of 37,000

  • Achiievers

On a largely uneventful day, the Sensex touched a record high of 37,000 on short covering on F&O expiry day. The market sentiments were also buoyed by spectacular results announced by Maruti, ITC and Dr. Reddy Laboratories. All three companies reported...

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The big investments in steel are happening by the dozen

  • Achiievers

Nifty was closer to its all-time high as it gained 50 points to comfortably settle at 11,134. The rally in the Nifty was led by Birla group stocks like Hindalco, Grasim, and Ultratech. Stocks like Larsen & Toubro as well as Lupin also added heft to...

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NIFTY GETS CLOSER TO 11,150 MARK

  • Achiievers

Birla group stocks like Hindalco, Grasim and Ultratech were the key drivers of the market on Tuesday as they ended up among the top gainers. Focus continues to be on the consumer-oriented stocks. Oil could be the macro indicator to watch out for...

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NIFTY CLOSES FLAT AS FINANCIALS HELP

  • Achiievers

The Nifty almost closed at where it started but financials like Indiabulls Housing, HDFC and IndusInd Bank showed good buying traction. The finance space is literally getting split down the middle based on asset quality. NTPC came under pressure...

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