India’s economic recovery is still in early stages and will gain momentum going ahead, said Raghvendra Nath, MD, Ladderup Wealth Management in an interview with Kshitij Bhargava of Financial Express Online. The market veteran added that investors should use corrections, as the one recently seen, to invest in a phased…
SGX Nifty hinted at a positive start for Indian benchmark indices amid strong global cues. Ahead of the week’s last trading session, Nifty futures were trading 0.35% higher at 18792 on the Singapore exchange. In the previous session, BSE Sensex gained 160 points to 62,571, while NSE Nifty 50 rose…
Equity markets had a historical journey in Samvat 2077, as it touched new lifetime highs with Nifty/Sensex surpassing the 18k/60k mark for the first time in history. The recent sprint to 15k in Feb’21 and 18k in Oct’21, from pandemic lows of 7.6k in Mar’20 – amid lockdowns and other…
Indian share markets have rallied sharply of late, hitting fresh record highs and drawing the attention of investors from all over the world. However, as the benchmark NSE Nifty 50 has soared amid the volatility, its P/E ratio has jumped too. The current P/E ratio is 22.5. Is this expensive?…
Indian benchmark indices BSE Sensex and NSE Nifty 50 are likely to open on a muted note, hinted SGX Nifty. Nifty futures were trading 11 pts or 0.06% lower at 18747 levels, signalling a flat to negative start for domestic share market. “Market momentum to continue although the pace of…
Paytm share price jumped 5 per cent in early deals on Friday, touching an intraday high of Rs on Rs 544 on NSE. The jump comes a day after the fintech company announced that the board of directors is meeting later this month to consider a share buyback proposal. In…
World stocks and oil prices battled to pull out of a four-day slide on Thursday as deeply inverted bond yield curves and choppy currency markets underscored the simmering concerns among investors about economic stagnation next year. Signs of China relaxing its COVID curbs had sent Hong Kong’s Hang Seng up…
The initial share-sale of engineering systems and solutions provider Uniparts India will open for public subscription on November 30. The three-day initial public offering (IPO) will conclude on December 2. The bidding for anchor investors will open on November 29, according to the red herring prospectus (RHP). The IPO is…