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The domestic benchmark indices rose for the fourth day in a row to hit record closing highs, amid firm global cues, after US President Donald Trump signed a $2.3 trillion spending package. Meanwhile, investors continued to celebrate a last-minute trade deal clinched between Britain and the European Union. A survey conducted by FICCI and Dhruva Advisors showed that the opening up of the economy and implementation of a broad set of measures have led to a continuous improvement over time in the performance of businesses, with India Inc expecting even better results in 2021. This further enthus...

The key equity barometers continued to trade with string gains in mid-afternoon trade. At 14:25 IST, the barometer index, the S&P BSE Sensex, was up 334.54 points or 0.71% to 47,308.08. The Nifty 50 index added 105.85 points or 0.77% to 13,855.10. Investor sentiment was upbeat after President Trump signed a $2.3 trillion pandemic aid while the U.K. and the E.U. struck a a Brexit trade deal last week. The broader market traded with decent gains as well. The S&P BSE Mid-Cap index rose 0.78% while the S&P BSE Small-Cap index rallied 1.44%. The market breadth was strong. On the BSE, 1932 shares ...

Updated Dec 28, 2020 | 18:50 IST If you are into wearing denim jeans, there is a 45% possibility that it was made in a factory owned by Sindhi possibly, in the Sindhi majoritarian township of Ulhasnagar. Niranjan Hiranandani (File Photo)  You may know them as papad-eating, business loving miserly, thanks to the Bollywood's caricature stereotyping but Sindhis are known to be one of the world’s largest business communities. The history of Sindhis as a business community goes back to the Indus valley civilizations of Mohen Jo Dharo and Harappa. From where along with ...

D-Street rallies for fourth day, investors richer by Rs 1.8 lakh crore SECTIONS Share Synopsis The 30-share pack ended the day at 47,353.75, rising 380.21 points or 0.81 per cent. Its broader peer, NSE Nifty, climbed 123.95 points, or 0.90 per cent, to 13,873.20. Both indices closed at record highs. Realty was the biggest sectoral gainer today. NEW DELHI: Barring some pharma names that saw profit booking, stocks from all sectors were in demand on Monday after US President Donald Trump signed an economic stimulus bill, clearing the path of infusion of about $2.3 trillion in the system. The ne...

Ahead of Market: 12 things that will decide stock action on Tuesday SECTIONS Share Synopsis Ajit Mishra, VP - Research at Religare Broking said, "Nifty has tested the lower band of the prevailing rising broadening formation around 13,150 and its breakdown could trigger a further decline towards the 12,700-12,800 zone. In case of a rebound, the 13,400-13,600 zone would act as a hurdle." iStock We do not expect a big correction, but rather a consolidation in the short term, of not more than 7% to 10% in the main indices. Buying at dips can be considered as a strategy in the falling market," sai...