Thursday, March 13

Tag: smallcaps

Sensex up 150 pts, Nifty near 19,100; RIL, Airtel lead
30Oct By adminNo Comments
Business

Sensex up 150 pts, Nifty near 19,100; RIL, Airtel lead

Stock market updates on October 30, 2023: Frontline indices were seen trading with a flat bias post early volatility on Monday. Index heavyweight Reliance Industries helped offset losses caused by a fall in auto and financial shares.   After opening with a 100-point gap, the BSE Sensex slipped into red and touched a low of 63,431. The BSE benchmark, thereafter, recouped losses and was seen hovering around its previous day's close at 63,800 levels. The NSE Nifty50 was seen quoting around the 19,050 mark. Among the Sensex 30 shares, Reliance was up over 2 per cent after the firm reported a strong set of earnings over the weekend. Read More Bharti Airtel, UltraTech Cement, Asian Paints and HDFC Bank were few of the other notable movers.   On the o...
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US Stocks Mixed as Investors Navigate Russian Turmoil and Fed Policy
26Jun By adminNo Comments
Business

US Stocks Mixed as Investors Navigate Russian Turmoil and Fed Policy

Wall Street was mixed on Monday and crude prices rose as investors digested the aborted Russian mutiny over the weekend and wrestled with lingering concerns over the path of Federal Reserve monetary policy.The S&P 500 was modestly lower, while megacap momentum stocks pulled the tech-heavy Nasdaq to a sharper decline.The blue-chip Dow was held aloft by consumer discretionary and industrials. Economically sensitive transports and smallcaps were outperforming.“We’re having a bit of a correction, with (Fed Chair Jerome) Powell still talking about keeping rates higher for longer," said Paul Nolte, senior wealth adviser and market strategist at Murphy & Silvest in Elmhurst, Illinois. “A lot of those big tech companies have had quite a run, so we’re seeing a rotation into smallcaps and v...
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