“Additionally, apart from the fact that the current rally has been driven by global liquidity, the expectations are high that the economy is getting back on track thus crucial economic data like auto sales numbers, PMI and inflation data would also play a decisive role in setting the market direction,” he said. … [Read more...] about 10-year data show bull & bear lock horns in September; where is market headed this year?
Indian share market
In the coming week, investors would keep an eye on US PMI data along with Non-farm payroll data. On the domestic front, the most important Q1 GDP data, infrastructure output and PMI data along with monthly auto numbers would provide further direction to the market. … [Read more...] about Will Nifty breach 12,000 in the coming week? 8 market experts share their views
The Indian markets witnessed multiple bulk deals on the BSE and National Stock Exchange (NSE) on August 25 in which foreign institutional investors (FIIs) and domestic institutional investors (DIIs) bought and sold stakes in companies including Phoenix Mills and Matrimony.com. … [Read more...] about Bulk deals of the day: Investguard Ventures sells stake in Bharat Immunologicals; MIT, ICICI Pru MF buy shares of Matrimony.com
"Indian markets have been buoyant tracking healthy FII inflows, the pace of economic recovery and hopes of quicker COVID-19 recovery based on progress made by the medical fraternity on development of a vaccine.While the market has almost chartered V-shaped recovery from March lows, the next leg is likely to be driven by banking wherein, we believe, most of the negatives are priced in," said Pankaj Pandey, Head–Research, ICICI direct. … [Read more...] about Market may be heading to record high; brokerages bet on these 8 blue-chip stocks
Max group eyes Rs 550 crore revenue in 4 years from Antara Senior Living project at Noida NCLT approves demerger; Max Healthcare, new company to list on bourses in August Kotak Mahindra Bank, Hero FinCorp and True North in race for Future’s stake in general insurance JV … [Read more...] about Max India to relist on Indian bourses on Friday; unlocks opportunity to invest in senior care business