By Ajit Mishra April month turned out to be a favourable one for participants, after four months of dismissal performance. The benchmark indices gained over 4% and settled closer to the month’s high as well. Continuous buying in banking, financials, auto, realty and FMCG majors kept the tone positive for most of the month however […]
Day: March 20, 2023
Fundamental Analysis column: Strong earnings underpin market bullishnessFundamental Analysis column: Strong earnings underpin market bullishness
By Jyotivardhan Jaipuria At the beginning of the result season in July, we had three themes — first was that overall earnings will be strong and possibly surprise on the upside. The second was that earnings in India would be in contrast to weak earnings in the developed world. Thirdly, we expected the recent earnings […]
MCX shares jump 5 pc; hit 52-week highMCX shares jump 5 pc; hit 52-week high
Shares of Multi Commodity Exchange (MCX) jumped 5 per cent in mid-session trade on Monday, after the bourse received approval from Sebi’s tech panel to launch new web-based commodity derivatives platform (CPD). The scrip of the company rallied 4.80 per cent to Rs 2,137 apiece on the BSE, while shares of MCX climbed 4.73 per […]