Indian stock market: Market indices Sensex and Nifty reached new closing highs on Monday, July 15, driven by gains in select index heavyweights including SBI, ONGC, NTPC, and ITC. The Nifty 50 reached a new record peak of 24,635.05 during the session, ultimately closing 85 points higher at 24,586.70, an increase of 0.35 percent. Meanwhile, … Read more
The benchmark Nifty has surged over 4 percent in June, reaching around the 23,500 mark and setting multiple new highs along the way. With high valuations for most stocks and no significant correction in sight, investors may find it challenging to determine where to invest. To address this, brokerage house BP Wealth has released 7 … Read more
However, in a recent note, brokerage house Nirmal Bang pointed out that the benchmark Nifty achieved 22,000 last June and since then the market has been consolidating, the brokerage feels the possible breakout can add 1200 points to Nifty in June. Till now the Nifty has already risen around 800 points, over 3.5 percent this … Read more