Domestic equity bourses close marginally higher; Realty and auto sector stocks rally for yet another session Domestic equity bourses close marginally higher; Realty and auto sector stocks rally for yet another session Tata Motors, ONGC and GRASIM are the top gainers while Hindustan Unilever, Asian Paints and Bajaj Finance were the top losers amongst Nifty 50 stocks Prasad Chavan / Monday, April 10, 2023 0 748 Article rating: 3.8 Nifty opened with a slight gap-up and traded higher after some intraday consolidation. In the afternoon session, it witnessed a profit booking and touched its previous falling trend line on the daily time frame. Nifty closed higher around 24 points or 0.14 per cent to close around the 17,624 level. S&P BSE Sensex also closed flat with a rise of 13 points. Nifty Mid-cap 100 and Nifty Small-cap 100 rallied 0.38 per cent and 0.28 per cent respectively. Read more
Multibagger Auto Sector stock rallied more than 21 per cent in few sessions only; Average daily volume is around 2 million Multibagger Auto Sector stock rallied more than 21 per cent in few sessions only; Average daily volume is around 2 million Last 5 years compounded sales growth is at 8 per cent, compounded profit growth is at 13 per cent, stock price CAGR is around 6 per cent Prasad Chavan / Friday, April 7, 2023 0 4827 Article rating: 4.3 Key customers of the company include Ashok Leyland, Bajaj Auto, CNH, Hero Moto Corp, Honda Motorcycle and Scooter India, Hyundai, Mahindra & Mahindra, Maruti Suzuki, Suzuki Motorcycle, TVS Motor, Tata Motors, VE Commercial Vehicles, Yamaha Motors. Read more
Nifty closed at 17600 levels; Real estate stocks emerged as star performers Nifty closed at 17600 levels; Real estate stocks emerged as star performers NBFC stocks rallied after the dovish commentary of RBI governor. Sectors like Realty and Auto also showed decent strength. Prasad Chavan / Thursday, April 6, 2023 0 1161 Article rating: 5.0 Nifty closed around the day's high by rallying 42 points or 0.24 per cent to close around 17,600 level on the weekly expiry day. S&P BSE Sensex also closed around the day’s high with rise more than 143 points. Nifty Midcap 100 rallied 0.64 per cent after 2 days’ consolidation and Nifty Small cap 100 rallied 0.78 per cent. Read more
Indices closed around day’s high; HDFC twins and ITC pulled the markets Indices closed around day’s high; HDFC twins and ITC pulled the markets L&T, ITC, HDFC and HDFC Bank are the top gainers while Eicher Motors, M&M and IndusInd Bank were the top losers amongst Nifty 50 stocks. Prasad Chavan / Wednesday, April 5, 2023 0 767 Article rating: 3.8 Nifty traded higher and closed around the day's high by rallying 159 points or 0.91 per cent to close around 17,557 level. S&P BSE Sensex also closed around the day’s high with more than 600 points rise. Nifty Midcap 100 consolidated in a small range throughout the day while Nifty Small cap 100 rallied 0.72 per cent. Read more
Is the auto sector about to make a new high? Know more here! Is the auto sector about to make a new high? Know more here! Breached the trend of lower top-lower bottom which indicates the end of correction that started from August 2022 and signals the commencement of fresh up move. Prasad Chavan / Tuesday, April 4, 2023 0 607 Article rating: 4.0 Nifty auto index is considered one of the major sectoral indices on NSE. The Index is primarily used to gauge the performance in the automobile sector in India. Like NIFTY 50 Index, the NIFTY Auto Index is also calculated using the free float market capitalization method. The index level reflects the total free float market value of all stocks in the index relative to a particular base market capitalization value. Read more