Market and Business News

Investors' assets-market capitalization rises by Rs 15,000 crore to Rs 2.5 lakh crore (Gujarat News Correspondent) MUMBAI: A tumultuous rally in stocks was halted today before the end of Samvat 207. Funds, experts maintained selective attractiveness in small, mid-cap stocks on Dhanteras Day today, with selective gains in automobile, realty, banking, consumer durables, power-capital goods stocks, and large profit margins in metal-mining stocks. The index Sensex, Nifty finally came into the negative zone. Despite encouraging results, including from Bharti Airtel, in the second quarter of the September 2018 quarter of corporate results, funds bounced back today on a cautious index-based rally. Funds rallied in anticipation of growth in vehicle purchases during the festive season and also good growth in sales of consumer durables. After an index-based initial rally, the Sensex fell by 106.60 points to close at 2007.08 and the Nifty spot fell by 20.50 points to close at 17.8. The US d...

Investors' assets-market capitalization rises by Rs 15,000 crore to Rs 2.5 lakh crore (Gujarat News Correspondent) MUMBAI: A tumultuous rally in stocks was halted today before the end of Samvat 207. Funds, experts maintained selective attractiveness in small, mid-cap stocks on Dhanteras Day today, with selective gains in automobile, realty, banking, consumer durables, power-capital goods stocks, and large profit margins in metal-mining stocks. The index Sensex, Nifty finally came into the negative zone. Despite encouraging results, including from Bharti Airtel, in the second quarter of the September 2018 quarter of corporate results, funds bounced back today on a cautious index-based rally. Funds rallied in anticipation of growth in vehicle purchases during the festive season and also good growth in sales of consumer durables. After an index-based initial rally, the Sensex fell by 106.60 points to close at 2007.08 and the Nifty spot fell by 20.50 points to close at 17.8. The US d...

Investors' assets-market capitalization rises by Rs 15,000 crore to Rs 2.5 lakh crore (Gujarat News Correspondent) MUMBAI: A tumultuous rally in stocks was halted today before the end of Samvat 207. Funds, experts maintained selective attractiveness in small, mid-cap stocks on Dhanteras Day today, with selective gains in automobile, realty, banking, consumer durables, power-capital goods stocks, and large profit margins in metal-mining stocks. The index Sensex, Nifty finally came into the negative zone. Despite encouraging results, including from Bharti Airtel, in the second quarter of the September 2018 quarter of corporate results, funds bounced back today on a cautious index-based rally. Funds rallied in anticipation of growth in vehicle purchases during the festive season and also good growth in sales of consumer durables. After an index-based initial rally, the Sensex fell by 106.60 points to close at 2007.08 and the Nifty spot fell by 20.50 points to close at 17.8. The US d...