Market WRAP: Nifty closes above 17,000; IT and pharma climb, metals drag
Market WRAP: Nifty closes above 17,000; IT and pharma climb, metals drag

Market WRAP: Nifty closes above 17,000; IT and pharma climb, metals drag

Cipla, Tata Consumer Products & Shree Cement emerged as the top gainers whereas Hero MotoCorp, Adani Ports, and Titan Company were the top losers

Rohit Kale Article rating: 4.8

Indices have closed flat amid volatility. Nifty closed at the 17,000 level while Sensex shredded 37 points at the end of the day. Nifty Midcap and Nifty Smallcap closed marginally higher.  

Trending stock under Rs 100: This micro-cap stock sees massive buying at lower levels, jumps 9 per cent in the process!
Trending stock under Rs 100: This micro-cap stock sees massive buying at lower levels, jumps 9 per cent in the process!

Trending stock under Rs 100: This micro-cap stock sees massive buying at lower levels, jumps 9 per cent in the process!

The company has posted stellar results this quarter with revenue jumping 92 per cent YoY to Rs 95 crore. Investors can add it to their watchlist to track its further progress! 

Rohit Kale Article rating: 3.8

On a YTD basis, the stock has surged nearly 100 per cent this year; thus, doubling shareholders’ wealth. It has seen huge buying today and a strong price volume breakout can take the stock even higher.

Market WRAP: Nifty closes at 17,000; realty, metals, and auto worst affected
Market WRAP: Nifty closes at 17,000; realty, metals, and auto worst affected

Market WRAP: Nifty closes at 17,000; realty, metals, and auto worst affected

Asian Paints, HCL Technologies & Infosys emerged as the top gainers from Nifty 50 stocks while Tata Motors, Hindalco, and Adani Ports were the top losers.   

Rohit Kale Article rating: 4.3

Indices traded lower amid volatility throughout the day and closed nearly at the day’s low. Nifty closed at the 17,000 level and slipped 1.980 per cent. Sensex tanked 953 points while Nifty Midcap and Nifty Smallcap plunged 3.11 per cent & 3.41 per cent, respectively.   

Carnage on Friday: Nifty closes just above 17,300; Sensex bleeds over 1,000 points as financials take a hit
Carnage on Friday: Nifty closes just above 17,300; Sensex bleeds over 1,000 points as financials take a hit

Carnage on Friday: Nifty closes just above 17,300; Sensex bleeds over 1,000 points as financials take a hit

Financials were the top underperformers as news reports of banks taking a liquidity hit for the first time in forty months led to a sell-off across all private and PSU banks.

Rohit Kale Article rating: 4.7

It was carnage on Friday as a severe sell-off in the Indian equity markets took investors by surprise. Nifty tumbled 1.72 per cent to close just above 17,300 while Sensex tanked more than 1,000 points.

Adani and Reliance sign a no-poaching deal: heres what it means!
Adani and Reliance sign a no-poaching deal: heres what it means!

Adani and Reliance sign a no-poaching deal: heres what it means!

Adani has a strong presence across ports, power, renewable energy, distribution, and cement while Ambani’s Reliance works across oil to chemical, telecom, and retail.

Rohit Kale Article rating: 4.6

The second wealthiest billionaire and the eighth-richest in the world duo had been avoiding each other’s territory for over a decade now but it seems that the distance between them is getting narrower. 

Market WRAP: Nifty and Sensex close in red; financials drag
Market WRAP: Nifty and Sensex close in red; financials drag

Market WRAP: Nifty and Sensex close in red; financials drag

Titan Company, HUL, and Asian Paints emerged as the top gainers while Power Grid Corp, Axis Bank & HDFC Bank were the top losers.   

Rohit Kale Article rating: 5.0

Indices traded with huge volatility on Thursday’s weekly expiry. Nifty plunged 0.50 per cent while Sensex dipped 350 points.

Market WRAP: Sensex tanks 265 points ahead of Fed meet; metals, energy and pharma slump
Market WRAP: Sensex tanks 265 points ahead of Fed meet; metals, energy and pharma slump

Market WRAP: Sensex tanks 265 points ahead of Fed meet; metals, energy and pharma slump

All eyes would now be focussed on the decision of US Fed Chairman’s interest rate hike.

Rohit Kale Article rating: 5.0

Major indices ended Wednesday’s trading session on a weak note, ahead of US Federal Reserve meeting scheduled later this evening. Nifty lost 0.55 per cent while Sensex dipped 265 points.

This small-cap logistics company announces major progress in its project! Share price zooms over 6 per cent!
This small-cap logistics company announces major progress in its project! Share price zooms over 6 per cent!

This small-cap logistics company announces major progress in its project! Share price zooms over 6 per cent!

With this announcement, the GDL share price has zoomed over 6 per cent and currently, trades at Rs 76 level.

Rohit Kale Article rating: 5.0

It’s a major project, for which, the company is expected to construct an integrated warehousing complex and offer first & last mile road delivery for providing end-to-end multimodal services to the industrial areas of Jaipur market.

Market WRAP: Nifty closes above 17,800; Cipla, Sun Pharma and Apollo Hospitals emerge as top gainers
Market WRAP: Nifty closes above 17,800; Cipla, Sun Pharma and Apollo Hospitals emerge as top gainers

Market WRAP: Nifty closes above 17,800; Cipla, Sun Pharma and Apollo Hospitals emerge as top gainers

All the sectors closed positively with pharma, metal, and auto emerging as the top performers.

Rohit Kale Article rating: 3.7

Indices witnessed selling pressure towards the end as Nifty closed above the 17,800 level. The benchmark index jumped 1.10 per cent while BSE Sensex climbed 578 points.

Market WRAP: Nifty closes above 17,600; M&M, SBI Life and Bajaj Finance emerge as top gainers
Market WRAP: Nifty closes above 17,600; M&M, SBI Life and Bajaj Finance emerge as top gainers

Market WRAP: Nifty closes above 17,600; M&M, SBI Life and Bajaj Finance emerge as top gainers

With Fed meeting in two days, volatility is expected to persist across global markets.

Rohit Kale Article rating: 5.0

Broader Indices closed on a higher note as financials, FMCG, media, and auto led a fantastic short-covering rally. Nifty bounced off nearly 200 points from its day’s low to close above the 17,600 level.

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