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 Read more [...]

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 Read more [...]

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 Read more [...]

The Nifty ended almost flat on Wednesday, yet remained at a new high. Financials like Indiabulls Housing, HDFC, SBI and Bajaj Finserv propped up the index. The major loser in the Nifty was NTPC in the aftermath of the $2.6 billion sales of government Read more [...]

The combination of a comfortable trust vote and reduced GST rates led to Nifty rallying to the 11,085 mark led by consumer oriented companies. Heavyweights like ITC, Maruti, Bharti and ICICI Bank resulted in the Nifty rallying sharply on Monday. The sector Read more [...]

Even before the actual Confidence Vote happened, it was a foregone conclusion. The vote of 325/126 in favour of NDA was merely a formality. Nifty crossed the 11,000 mark and saw renewed buying in Bajaj Finance and Bajaj Finserv even as Reliance Industries Read more [...]

While the opposition may have very little chance in a trust vote, the focus may be more on the debate ahead of the trust vote. The opposition will look to corner the government on economic issues like jobs, farm distress and the deficit. The rupee Read more [...]

The uncertainty over the No Confidence motion on Friday and the China slowdown had its impact on the Nifty. The index slipped to the 10,957 mark in Thursday trades. One of the key drivers for the market pressure was the INR which settled beyond the 69/$ Read more [...]