Finance minister Nirmala Sitharaman on Friday said despite huge fluctuations globally, the Indian stock market has maintained “a certain level of sanity” and the market should be allowed to play on its own. The statement from the Finance minister comes days after Sebi chairperson Madhabi Puri Buch had said that there are pockets of froth in the small and midcap stocks and the regulator is looking into the same to come out with a possible consultation paper.
Speaking at India Today Conclave, Sitharaman said, “I allow the markets to play on their own…we should leave it to the wisdom of the market because all of us have seen that despite huge fluctuations globally, the Indian market has maintained a certain level of sanity. It hasn’t really gone too v…
Read moreGIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a weak opening. Here’s a look at the key stocks to watch in trade.
Stocks in Focus: GIFT Nifty traded lower as the index was down 41.50 points or 0.19% at 22,112.00 indicating a muted start for domestic indices NSE Nifty 50 and BSE Sensex on Thursday. Previously, on Tuesday, the NSE Nifty 50 lost 124.60 points or 0.56% to settle at 22,147.90, while the BSE Sensex dropped 456.10 points or 0.62% to close at 72,943.68.
Stocks to watch on April 18, 2024
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Stocks To Watch: Maruti Suzuki India, GMR Airports Infra, Brightcom Group, Hindustan Zinc, Adani Enterprises, Kolte-Patil Developers Stocks To Watch: Hindusta…
Read moreStocks in Focus: GIFT Nifty traded flat at 19,710.5 up merely 0.08%, during Thursday’s early trading session, indicating a flat opening for domestic indices NSE Nifty 50 and BSE Sensex. The benchmark domestic indices ended Wednesday’s trading session in positive territory. The NSE Nifty 50 gained 0.26% to settle at 19,716.45, while the BSE Sensex added over 170 points to 66,118.69.
“Ahead of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), pharma and healthcare indices gained over one percent while selective banking and financial stocks witnessed some profit booking at higher levels. The Reserve Bank of India will meet on October 4-6 to decide on interest rates and policy stance. Most analysts and economists expect the RB…
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