Taking Stock: Rally continues for third day; Sensex gains 152 points, Nifty above 19,550
Among sectors, banks were down marginally, while other sectors ended in the green with healthcare and realty added 1 percent each.
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Among sectors, banks were down marginally, while other sectors ended in the green with healthcare and realty added 1 percent each.
Day trading stocks: Market experts have recommended six stocks to buy today — IndusInd Bank, M&M, Balaji Telefilms, United Spirits, Ruchira Papers and Latent View Analytics
BSE Sensex tanked 365.83 points, or 0.56 per cent, to settle at 64,886.51, while NSE's Nifty tumbled 120.90 points, or 0.262 per cent, to end the day at 19,265.80 for the day.
Vindhya Telelinks Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 8,508.17 million compared to INR 3,139.82... -Today at 10:23 am- MarketScreener
Smallcap companies are stealing the show and driving growth for portfolios of retail investors, with mid and smallcap indices already at record highs. A study by ETMarkets showed the FY23 EPS of 116 smallcaps surged by over 100%, with at least 11 of these companies reporting growth of more than 1,000%. Telecom firm Vindhya Telelinks topped the list, with its EPS increasing 9,488% to Rs 156.37, while multibagger stock Ramky Infrastructure saw a 4,729% spike to Rs 164.83. Analysts recommend investing in small companies with high growth rates and low starting valuations to maximise returns.