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Federal Bank Ltd up for third straight session
Federal Bank Ltd is quoting at Rs 313.85, up 3.04% on the day as on 12:49 IST on the NSE. The stock is up 48.74% in last one year as compared to a 7.57% slide in NIFTY and a 2.91% slide in the Nifty Bank index.
Bernstein bets on Indian healthcare, sees these three stocks as key beneficiaries
According to Bernstein, valuations across the Indian biopharma sector have re-rated significantly, with the Nifty Pharma index trading slightly above its 10-year average multiple of 30.5 times its one-year forward earnings. However, it noted that its preferred stocks continue to trade below their long-term average valuations.
Sebi reviews broker net-worth norms, IPO price discovery framework
Market regulator is examining broker capital requirements, IPO auction mechanisms, mutual fund liquidity rules and corporate bond market reforms to improve efficiency
Tata Mutual Fund Curbs Large Inflows Into Gold ETFs Amid Record Surge in Demand
Tata Mutual Fund offers investors two routes to gain exposure to gold ETFs.
Global Capital Is Chasing AI Giants, But India Remains a Stock Picker's Market, Says Hiren Ved
The veteran fund manager noted that while the Nifty has largely moved sideways over the past two years, several stocks have generated substantial returns during the same period.
Adani Energy Solutions Ltd rises for third straight session
Adani Energy Solutions Ltd is quoting at Rs 1607.9, up 1.83% on the day as on 12:49 IST on the NSE. The stock is up 78.38% in last one year as compared to a 7.4% slide in NIFTY and a 10.49% slide in the Nifty Energy index.
Ipca Laboratories Ltd soars 0.79%, rises for fifth straight session
Ipca Laboratories Ltd is quoting at Rs 1654.8, up 0.79% on the day as on 12:44 IST on the NSE. The stock is up 20.85% in last one year as compared to a 7.43% spurt in NIFTY and a 11.54% spurt in the Nifty Pharma.
Torrent Power Ltd up for five straight sessions
Torrent Power Ltd is quoting at Rs 1467, up 0.47% on the day as on 12:44 IST on the NSE. The stock is up 4.25% in last one year as compared to a 7.43% gain in NIFTY and a 10.47% gain in the Nifty Energy.
IDFC First Bank Ltd gains for fifth session
IDFC First Bank Ltd is quoting at Rs 72.5, up 0.21% on the day as on 12:44 IST on the NSE. The stock is up 0.26% in last one year as compared to a 7.43% slide in NIFTY and a 4.38% slide in the Nifty Bank.
IT stocks crash up to 36% from Feb peak; should you buy?
Hitesh Rathi, technical analyst at Angel One says that IT stocks continue to trade with a negative bias on the charts, and are prone to further fall if they dip below the crucial support zones.
Here is the one sector bucking the trend in a weak market; Check out top gainers
Five among the top 10 gainers on the Nifty 500 index are Pharma stocks. They include Pfizer (Up 4.6%), Anthem Biosciences (Up 2.5%), Syngene (Up 2%), Aster DM Healthcare (Up 2%) and Wockhardt (Up 2%).
Two Adani Group stocks in focus as GQG sells stake in Rs 5,750 crore deal; SBI MF lone buyer
Adani Enterprises and Adani Energy Solutions will be in focus after GQG Partners sold stakes worth about Rs 5,750 crore via block deals, with SBI Mutual Fund buying the shares. The move is seen as portfolio rebalancing following a strong recovery in Adani Group stocks over the past year.