Shares of Gujarat Mineral Development Corporation (GMDC) jumped 13% on Friday, hitting a fresh 52-week high of Rs 512. The PSU stock was trading amid high volumes with nearly 2.6 crore shares changing hands on the NSE around 2 pm. The recent rally comes on the back of the government’s push for rare earth mining […]
FII activity, India-US trade deal among 7 factors that may impact D-Street action this week
Indian equity benchmarks wrapped up the week on a solid note, buoyed by strong domestic macroeconomic data and ongoing policy reforms. The Nifty gained 1.29% to settle at 24,741, while the Sensex climbed 1.13% to close at 80,710. The uptrend was broad-based, with midcap and smallcap indices outperforming, rising 1.8% and 2.5% respectively — a […]
FPIs withdraw Rs 12,257 cr in first week of Sep on strong dollar, US tariff concerns
Foreign investors pulled out Rs 12,257 crore (USD 1.4 billion) from Indian equities in the first week of September, weighed down by a stronger dollar, US tariff concerns, and persistent geopolitical tensions. This came following a net outflow of Rs 34,990 crore in August and Rs 17,700 crore in July. With this, the total outflow […]
Ahead of Market: 10 things that will decide stock market action on Monday
The Indian market ended flat on Friday, with profit booking in consumer and IT shares outweighing gains in autos after sweeping tax cuts were proposed under the “GST 2.0” overhaul. The S&P BSE Sensex slipped 7.25 points, or 0.01%, to close at 80,710.76. The NSE Nifty 50 edged up 6.70 points, or 0.03%, to settle […]
Top 10 IPOs of 2025 so far: Gains up to 115%, 3 turn multibaggers – IPO Corner
Around 52 mainboard IPOs have been listed on the exchanges so far in 2025. Of these, 39 are currently trading in the green, while 13 are in the red, resulting in an average return of 21.31%, according to data from Trendlyne. We are highlighting the top 10 IPOs that have delivered impressive gains ranging from […]
Nifty failed to live up to GST 2.0 hype. Will this week offer a redemption?
Indian equities kicked off last week on a high, with the GST Council’s sweeping tax cuts sparking hopes of a broad rally. However, the rally fizzled out as quickly as it started. By Friday, the Nifty gave up much of its early gains. The GST Council’s move to simplify tax rates and lower levies on […]
Gold is the new FDI for India
Since the severe foreign exchange crisis of 1991, one word that has become familiar to every Indian household is foreign investment, or FDI. The primary role of foreign investment was to balance our balance of payments, provide additional capital to a capital-starved economy, and support the stability of our currency. The question today is whether […]
Time-based analysis signals Sept 10 as high-momentum date, Harshubh Shah
After a sharp 2% fall in the previous week, the markets staged a strong comeback. The rebound was supported by better-than-expected GDP data and the GST Council’s move to simplify the tax structure into dual slabs of 5% and 18%, which lifted investor sentiment. The Nifty50 gained over 1% in the week ended September 5, […]
Mcap of 7 of top-10 most-valued firms jumps Rs 1 lakh cr; Bajaj Finance, Reliance major gainers
The combined market valuation of seven of the top-10 most valued firms jumped Rs 1,06,250.95 crore last week, with Bajaj Finance and Reliance Industries emerging as the biggest gainers, in line with an optimistic trend in equities. Last week, the BSE benchmark jumped 901.11 points, or 1.12 per cent, and the Nifty climbed 314.15 points, […]
Cosmic 9-9-9 alignment: Wealth creation or risk of sharp reversal?
As markets open on September 9, 2025, they do so in the wake of a potent lunar event: the total lunar eclipse (Chandra Grahan) that occurs on September 7–8, widely visible across India. This eclipse coincides with the sacred Pitru Paksha, amplifying its spiritual resonance. The 9-9-9 Portal: Numerological Power Play Numerology regards the number […]