Tag Listing

The Dalal Street is expected to remain in the positive zone this week

The Dalal Street is expected to remain in the positive zone this week on strong earnings optimism, though the market may be volatile in early session due to overnight weak overseas advice, analysts say.
Over the weekend, the Wall Street closed in deep red with the Dow Jones shedding 2.5 per cent and the broader S&P [...]

LICs investment in markets may cross Rs 2-lakh crore

Life Insurance Corporation of India’s (LIC) investments in shares this financial year may exceed last year’s net figure of Rs 61,000 crore, a senior official with the firm told.
With a record number of public issues set to hit the market this year, the insurance behemoth is thinking of increasing exposure to both the primary and [...]

D-Street as Europe crisis spreads

Greece, it’s Spain, as the contagion seems to be spreading fast across Europe. Ratings major Standard & Poor’s (S&P) on Wednesday cut its ratings on Spain by one notch to AA from AA-plus.
Earlier in the day, Indian shares joined the worldwide slide in equities and commodities, after S&P had lowered Greece’s debt rating to junk [...]

Selling pressure intensified on Dalal Street after a weak opening on the European bourses

Selling pressure intensified on Dalal Street after a weak opening on the European bourses kept market mood jittery. All sectoral indices were trading in the red with realty and metal counters taking a severe knock.
National Stock Exchange’s Nifty dropped 93.25 points or 1.76 per cent to 5215.10. The index tumbled to a low of [...]

Mid-cap stocks race past heavyweights

A large number of mid- and small-cap stocks are on a roll again, surpassing the gains seen in most frontline stocks in the last few weeks. This could be a signal for most investors on Dalal Street to be on their guard market veterans warn. Interestingly, the number of SMSes to mobile phone users are [...]

BSEs iconic building losing premium

A security blanket in and around Phiroze Jeejeebhoy Towers, the 28-storey Bombay Stock Exchange (BSE) headquarters, is gnawing at its prized status as a premier office address in the country’s economic beehive.
Businesses typically scramble for space in the property, located between Dalal Street, Hamam Street and Bombay Samachar Marg for its proximity to Asia’s oldest [...]

D-Street likely to move sideways

Dalal Street is likely to witness a lacklustre session this week tracking global markets, which are also expected to trade in a limited range, analysts said.
“Trading will be sideways this week but the downside is limited. The market will see a gradual crawling movement with a positive bias,” Ashika Stock Brokers Research Head Paras Bothra [...]

Banking stocks back in favour

After underperforming in the run-up to the Budget, banking stocks appear to be gaining favour with the big boys on Dalal Street. Some of the leading market operators are said to be creating long positions in Bank Nifty futures, in anticipation of a renewed interest from institutional investors in frontline bank shares.
Fears that the government’s [...]

Sensex mounts 17K

Market mood remained buoyant for a fourth consecutive day on Wednesday as the feel-good factor of the Union Budget continued. Positive sentiment across global markets added to the optimism.
Shares of Reliance Industries got a boost as investor fears that the energy major would overpay for LyondellBasell were allayed after the petrochemicals firm was said to [...]

Positive start likely on Asia

Encouraging cues from overseas shores set the stage for a positive opening Monday on Dalal Street. However, high amount of volatility is expected as the market has entered a very important week where the Union Budget is scheduled and the F&O expiry is due.
“This week would be very important for the Indian stock market as [...]