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[hfe_template id='11223'] [ad_1] In a brutal Monday meltdown, the Nifty50 crashed 5% intraday—marking its worst single-day performance since the Lok Sabha election result debacle on June 4, 2024—triggering flashbacks of past market horrors and raising fresh fears of a bear market knocking at the door. The Sensex also tumbled nearly 4,000 points in early trade, slipping below the 71,500 mark but ended 2,227 points lower at 73,138. Blue-chip bloodshed was rampant: Tata Steel and Tata Motors plummeted 5-7%, while heavyweight stalwarts like Reliance Industries, HDFC Bank, and ICICI Bank slid 3% each in an all-out selloff that spared few. Also read | Nifty catches Wall Street's fever: Bear market growls turn into roars after massive selloff This was only the second time since the Covid crash of 2020 that Indian markets fell more than 5% in a single day. With the Nifty now down about 15.66% from its peak, the benchmark index is 1,140 points away from officially entering be...

[hfe_template id='11223'] [ad_1] At least 14 PMS funds across large & midcap, smallcap, debt, and arbitrage strategies delivered positive returns in February 2025, with Wave Asset Private Ltd’s Bloom Fund leading the pack with a 4.99% gain, according to data from PMS Bazaar. Phillip Capital India’s Income Builder Portfolio followed with a 1.06% return, while Neo Asset Management’s Neo Yield Enhancer Fund and Estee Advisors’ I Alpha Fund posted 0.98% and 0.94% gains, respectively. Debt-focused PMS funds featured prominently among the best performers in February. Karvy Capital’s Excel Fund returned 0.79%, while its Demeter Fund delivered 0.44%. Profusion Investment Advisors’ Income Enhancer Fund and Northern Arc Investment Managers’ Income Builder Series B each gained 0.67%, while Northern Arc’s Credit Opportunities Strategy Fund added 0.65%. Among smallcap funds, Aequitas Investment Consultancy’s India Opportunities Product delivered a 0.48% return, making it the top ...

[hfe_template id='11223'] [ad_1] Short-term traders with a high-risk profile can look to buy the stock for a target of Rs 1,868 in the next 1-2 months, suggested experts. Synopsis PolicyBazaar stock hit a high of Rs 2,254 on January 6, 2025, but failed to sustain momentum, closing at Rs 1,688 on January 23 — a drop of over 25%. The stock steadily declined after reaching its peak, slipping below key moving averages. However, it found support above the crucial 200-DMA on daily charts, showing signs of recovery. PB Fintech Ltd witnessed an over 20% fall in a matter of days after hitting a record high in the second week of January but it managed to find support above the 200-DMA on the daily charts.Short-term traders with a high-risk profile can look to buy the stock for a target of Rs 1,868 in the next 1-2 months, suggested experts.PolicyBazaar stock price hit a high of Rs 2,254 on 6th January 2025, but failed to sustain the momentum. It closed at Rs BY ETMarkets.com Jan 27...

[hfe_template id='11223'] [ad_1] IRB Infrastructure Developers' shares will remain in focus on Friday, January 10, following the company's announcement of a 19% year-on-year (YoY) increase in toll collections for December 2024. The total toll collection for the month reached Rs 580 crore, up from Rs 488 crore in December 2023. Amitabh Murarka, Deputy CEO, stated, "We have seen impressive growth in the current month across our portfolio. Looking ahead, we expect this upward trend in toll collection to continue, driven by India's robust GDP growth, which should boost vehicular traffic across our 12-state network." Also Read : Q3 woes: Cement companies may face earnings downgrades again IRB Infra Q2 FY25 performance IRB Infrastructure Developers reported a 9.1% YoY decline in revenue for Q2 FY25, totaling Rs 158.6 crore, down from Rs 174.5 crore in Q2 FY24. However, the company posted a 4.3% increase in consolidated net profit, which reached Rs 99.8 cr...

[hfe_template id='11223'] [ad_1] Equity indices ended lower on Thursday due to selling pressure in index majors as investors turned cautious ahead of the inflation data announcement. Stocks that were in focus include names like Ultratech Cement, which fell 0.8% and Bajaj Auto, which declined 1.05% and DMart, whose shares fell 0.4% on Thursday. Here's what Ameya Ranadive Sr Technical Analyst, StoxBox, recommends investors should do with these stocks when the market resumes trading today. UltraTech Cement UltraTech Cement is currently trading at Rs 11,856 and remains in a no-trade zone. The stock exhibits a significant long-term consolidation phase beginning in June 2024, with tight price movement within the Bollinger Bands. A decisive breakout above Rs 12,100 would signal a strong bullish move, targeting Rs 12,850 and Rs 13,100. The RSI stands at 61.51, indicating bullish momentum but not yet in the overbought territory, which aligns with the potential for further ups...

[hfe_template id='11223'] [ad_1] Short-to-medium-term traders can look to buy the stock for a target of Rs 746 in the next 1-2 months, suggested experts. Synopsis The stock surged from Rs 231 on December 8, 2023, to Rs 634 on December 10, 2024, marking a gain of over 170% in a year. Riding the momentum, it reached a record high of Rs 644 on December 11, 2024, rising over 10% in a week and more than 50% in the past three months. The strong rally indicates sustained bullish sentiment. Skipper Ltd, a part of the heavy electrical equipment industry, hit a fresh record high in December and the chart pattern suggests that the rally is likely to continue.Short-to-medium-term traders can look to buy the stock for a target of Rs 746 in the next 1-2 months, suggested experts.The stock rose from Rs 231 recorded on December 8, 2023, to Rs 634 on December 10, 2024, which translates into an upside of over 170% in a year.Tracking the BY ETMarkets.com Dec 12, 2024, 10:00:00 AM IST Gift ...