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Markets fall for third day amid sell-off in RIL; Sensex falls 500 points

The Indian markets fell for a third day on Monday amid sell-off in index heavyweight Reliance Industries (RIL) even as most global markets posted gains on optimism around fresh stimulus in the US. Market players said worries that the government might increase taxes on stock market transaction in the Union Budget also weighed on the sentiment. After swinging nearly 1,000 points, the BSE benchmark settled with a loss of 530.95 points or 1.09 per cent at 48,347.59. The broader Nifty fell 133 poi...
Sun Pharma Rohit Singre Bajaj Finserv Vinod Nair Head Of Research At Geojit Financial Services Axis Bank

Post Market views - Jan 22, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Post Market views - Jan 22, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities Posted On: 2021-01-22 07:32:57 (Time Zone: Arizona, USA) A sharp pullback was seen in domestic equities mainly on weak global cues. Auto stocks continued to remain in flavour as sharp rebound in earnings of select auto companies boosted confidence among investors. Heavy selling pressure was seen in financials, metals and realty stocks, while defensive sectors like FMCG and IT appeared stable today. A ki...
India General United States Axis Bank Binod Modi Head Strategy Time Zone

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Here's why Airtel shares are surging in trade

Heres why Airtel shares are surging in trade Navdeep YadavJan 7, 2021, 16:45 IST BCCL The stocks of Bharti Airtel rallied as much as 5% during the early trading hours on Thursday. According to a CNBC Awaaz report, the telecom major received banking and investment regulators nod to increase FDI in the Airtel Payments Bank up to 74%. The Department of Telecommunications (DoT) has announced that the next round of spectrum auctions will start on March 1.Bharti Airtels stocks rallied as much as 5% ...
Bharti Airtel Motilal Oswal Payment Bank Airtel Payments Bank Department Of Telecommunications Do Reserve Bank

Post Market views - Jan 7, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Post Market views - Jan 7, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities Posted On: 2021-01-07 06:47:41 (Time Zone: Arizona, USA) Domestic equities remained firm today mainly supported by strong global cues. Strong rebound in Banks, Auto and Realty index supported markets, while metals stocks outpaced all. However, it was midcap and small cap stocks, which stole the show once again and investors continued to chase this space owing to wider valuations gap and improved prospect...
United States Bharti Airtel Indusind Bank Union Budget Tata Steel Binod Modi

Sensex, Nifty Scale Fresh Peaks; Financials, IT Stocks Shine

Sensex, Nifty Scale Fresh Peaks; Financials, IT Stocks Shine The 30-share BSE index pared all losses and staged a smart recovery to end 0.54 per cent higher at 48,437.78. PTI 06 January 2021 outlookindia.com 2021-01-06T17:00:11+05:30 Equity benchmark Sensex defied gravity for the 10th straight session to close at a fresh lifetime high on Tuesday as robust buying in financial and IT stocks offset lacklustre global cues. Persistent foreign fund inflows supported the benchmarks...
Soult Ukpyolsi South Korea Hong Kong United Kingdom Axis Bank Indusind Bank

Markets pause after a 10-day rally; ITC, RIL drop over 2 per cent

Markets pause after a 10-day rally; ITC, RIL drop over 2 per cent January 06, 2021 Nifty slips below 14,200, Sensex down 200 points, on US election worries Benchmark indices closed in the red on Wednesday for the first time after ten days, as profit booking emerged in the second half. ITC and Reliance Industries led the declines. The market volatility was further influenced by the uncertainty regarding the Georgia run-off elections in the United States. The tech-heavy Nasdaq 100 index declined...
United States Hindalco Bharti Airtel Sahaj Agrawal Axis Bank Reliance Industries Democrat Controlled Senate

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