Indian equity benchmarks opened at a new record high on Thursday following positive cues from global peers. In early trading hours, Sensex and Nifty made a new all-time high of 80,374 and 24,400 respectively.
At 9:50 a.m., Sensex was 370 points or 0.46 per cent at 80,361, and Nifty 101 points or 0.42 per cent at 24,392.
Among the sectoral indices, Auto, IT, Metal, Realty, Energy, and Infra are major gainers, and Pharma and Healthcare are major losers.
Tata Motors, ICICI B...
Sensex hits new all-time high on positive global cues
Below the MPC Quote from Mr. Aamar Deo Singh, Sr. Vice President, Research, Angel One Ltd.
“The benchmark interest rate remained unchanged at 6.5% in the RBI's most recent monetary policy announcement today. The RBI decided not to change the rates at this time because retail inflation for FY24 was 5.4%, above the targeted rate of 4%. A rate reduction in FY25 appears likely given the upcoming MPC meeting, which is set for April 3-5, 2024, and the anticipat...
Monetary Policy Quote from Mr. Aamar Deo Singh, Sr. Vice President, Research, Angel One Ltd.
Leading stock broker Zerodha on Tuesday reported a revenue of Rs 6,875 crore and profit at Rs 2,907 crore for the financial year 2022-23 (FY23), representing a 38.5 per cent and 39 per cent growth in revenue and profit, respectively, as compared to the previous financial year.In FY22, the company had reported a revenue of Rs 4,964 crore and a profit of Rs 2,094 crore.In a blogpost, Zerodha's Co-founder and CEO Nithin Kamath said that despite fierce competition from newer discount brokerage fi...
Zerodha reports revenue of Rs 6,875 cr, profit at Rs 2,907 cr for FY23
Below the "Market Wrap Up" by Mr. Rajesh Bhosale, Technical Analyst at Angel One LtdNifty surrenders early gains, settles marginally in the red after a 7-day winning streakAfter a milestone close just below the 20000-mark, Nifty began the day with a robust gap-up opening. Nevertheless, right from the outset, there was widespread profit-taking, leading to weakness in the early hours of trading. Eventually, certain IT stocks and market heavyweights stepped in, limiting ...
Market Wrap Up : Nifty surrenders early gains, settles marginally in the red after a 7-day winning streak Says Mr. Rajesh Bhosale, Angel One Ltd
Below the "Market Wrap Up" by Mr. Rajesh Bhosale, Technical Analyst at Angel One LtdNifty surrenders early gains, settles marginally in the red after a 7-day winning streakAfter a milestone close just below the 20000-mark, Nifty began the day with a robust gap-up opening. Nevertheless, right from the outset, there was widespread profit-taking, leading to weakness in the early hours of trading. Eventually, certain IT stocks and market heavyweights stepped in, limiting ...
Market Wrap Up : Nifty surrenders early gains, settles marginally in the red after a 7-day winning streak Says Mr. Rajesh Bhosale, Angel One Ltd
Below is Weekly Base Metal Write Up by Mr. Saish Sandeep Sawant Dessai, Research Associate- Base Metals, Angel One LtdBase Metals ReportThe upward momentum in the metals segment came to a halt in the recently concluded week, with almost all metals closing lower, except for LME Lead, which saw a marginal increase.Conversely, Copper prices decreased, primarily due to concerns about demand in China, the largest consumer of the metal, and a rise in inventories in London Metal Excha...
Weekly Base Metal Report by Mr. Saish Sandeep Sawant Dessai, Angel One Ltd
