The record-breaking rally in Indian equities in recent years has resulted in investors coming into the stock market in hordes. The broadening of the shareholder base in several stocks is a reflection of the appetite for stocks. For instance, five stocks, NHPC, Indian Renewable, IRFC, Yes Bank, and HDFC Bank, collectively added 75 lakh investors … Read more
India’s leading private sector bank HDFC Bank will release its fourth quarter numbers today along with a few other companies, closing what was a hectic week of corporate earnings. The numbers were mixed for IT companies as TCS Q4 results beat the estimates, while Infosys struggled with softer FY25 and revenue miss. Other companies which … Read more
The Indian market closed in the green for the second consecutive day. The S&P BSE Sensex rose more than 170 points, while the Nifty50 closed above 21,700 levels. However, on a weekly basis, Nifty50 closed flat with a negative bias for the week ending January 5, 2024. Sectorally, buying was seen in IT, capital goods, … Read more
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