InCred Equities on Jio Financial Services Limited Not Rated | TP: NA The euphoric valuations are here to stay 1. Jio Financial Services (JFS), which was demerged from Reliance Industries Ltd (RIL), will be listed on Indian stock exchanges on August 21, Monday. RIL shareholders as of the record date of July 20 has received … Read more
Sensex Today Live: Indian shares fell on Friday, dragged by IT stocks, tracking a slide in global equities on rate concerns in the United States and deflation and demand worries in China. Both benchmarks have lost over 0.5% so far in the week. If losses hold, the benchmarks would have slid for the fourth consecutive … Read more
Sensex Today Live: Indian shares fell on Thursday, weighed by information technology (IT) and financial stocks, tracking weakness in Asian peers on worries over China’s economy and Wall Street on interest rate concerns. High-weightage financials and IT shed 0.35% and 0.8%, respectively, while the fast moving consumer goods index lost 0.8%. Conversely, the more domestic-focussed … Read more
Sensex Today Live: Benchmark equity indices declined on Wednesday amid weak global market trends and continuous foreign fund outflows. From the Sensex pack, Bajaj Finance, HDFC Bank, IndusInd Bank, Tata Motors, Tata Steel, Bajaj Finserv, JSW Steel and ICICI Bank were the major laggards. ITC, Tech Mahindra, Infosys, State Bank of India, Wipro, HCL Technologies, … Read more
Sensex Today Live: Indian shares fell on Monday to a more than one-month low, in line with Asian peers, weighed by concerns around local industrial output and weak consumption in top consumer China, while investors focus on domestic inflation data due later in the day. Metal stocks were the top drag, falling about 2%, while … Read more
Sensex Today Live: Indian shares trade flat on Wednesday after data from China fuelled deflation concerns and Moody’s U.S. banking downgrade triggered a sell-off in Wall Street, ahead of the Reserve Bank of India’s (RBI) policy decision this week. Ten of the 13 major sectoral indexes logged losses with high weightage financials, bank, private bank … Read more
Sensex Today Highlights: Benchmark equity indices fell on Tuesday as investors turned cautious ahead of the key events — RBI’s monetary policy and the US inflation data — due to be announced later this week. Continuous foreign fund outflows and weak trend in Asian and European markets also played spoilsport for the domestic markets.The 30-share … Read more
Sensex Today Live: Indian shares fell on Wednesday, dragged by broad sectoral slide, tracking global peers after weak economic data from the United States, euro zone and China triggered caution and weighed on risk sentiment. The slide in domestic equities followed a decline in Asian peers after a weak close in Wall Street and Europe … Read more
Sensex Today: Indian shares rose marginally on Tuesday, on broad-based gains, after a positive start to the week as investors digested key earnings. Domestic-linked small caps and mid-caps climbed 0.7% and 0.4%, respectively, outperforming the blue chip indexes and hitting fresh 52-week and all-time highs. Twelve of the 13 major sectoral indexes edged up. Metal … Read more
Sensex Today Live: Indian shares fell on Friday, dragged by losses in financials and information technology (IT) stocks after strong economic data from the U.S. reignited rate concerns, while Asian peers were subdued after Japan’s central bank left rates unchanged. Both the benchmarks are on course for a weekly loss after rising for four straight … Read more