Bernstein expects sectors such as infra, manufacturing, domestic cyclical, financials, and SOEs (state-owned enterprises) to lead, while consumer and IT will lag. For a few days, SMIDs (small and midcaps) may do better than large caps, said Bernstein. The final two phases of the seven-phase Lok Sabha election 2024 are scheduled for May 25 and … Read more
Dividend stocks: Shares of HCL Technologies Ltd and Oracle Financial Services Software Ltd will be in focus when the stock market opens on May 07 (Tuesday). The Board of Directors of the two companies have declared interim dividend for their eligible shareholders. The record date by the 2 companies to ascertain the eligibility of shareholders … Read more
NSE dividend, bonus shares: The National Stock Exchange (NSE) board has recommended issuing bonus shares in a 4:1 ratio. The board also recommended a ₹90 per share dividend to the eligible shareholders of the company. NSE informed the Indian stock market exchanges about these developments while declaring its Q4 results 2024 on Friday. However, NSE … Read more
Trade setup for stock market today On the outlook of Nifty today, Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, said, “The short-term trend of the Nifty 50 index is choppy with range-bound action. Any upside from here could encounter strong resistance around 22800 levels. Immediate support for Nifty today is placed at 22,550 … Read more
Share market holidays 2024: Amid celebrations of Maharashtra Day in Mumbai and other parts of Maharashtra, some sections of the Indian stock market investors and observers might get confused about whether Dalal Street will remain open today or not. For such people, it is advisable to log in to the official BSE website and check … Read more