PSU stocks soar to seven-year high in market-cap constituting 16% of listed universe
Strong fundamentals and reduced government intervention drive a surge in public sector companies
Source: moneycontrol.com
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Top News In Axis Securities Today - Breaking & Trending Today
Nifty Auto vs Nifty Metal: Which sector should investors prefer for long term? Experts answer
Nifty Auto and Nifty Metal have shown strong performance in 2024 YTD, outperforming the benchmark. Experts favor auto over metals for long-term investment due to growth potential, innovation, and less impact from global factors.
Source: livemint.com
At $2.9 bn, Indian markets witness highest FII outflows in Asia in May
Indian equity markets experienced the highest outflows in Asia so far in May, with FIIs withdrawing $2.89-bn funds. This marks the highest monthly FII outflow since January 2024.
Source: moneycontrol.com
Lok Sabha Elections 2024 trading strategy: Largecaps or midcaps – what should you bet on?
Nifty Midcap index has surged 55.5% in last 12 months compared to Nifty's 22.3% gain. Experts caution against market froth in broader markets due to massive run-up. With election results approaching, largecaps could benefit from policy certainty post elections, attracting foreign investors.
Source: livemint.com
NALCO stock jumps to record high on robust Q4 results; brokerages bullish
NALCO reported two-fold rise in consolidated profit to Rs 996.74 crore for Q4FY24 on the back of lower expenses
Source: moneycontrol.com