ICICI Securities Report : Nifty 50 trailing earnings per share for December 2019 (pre-Covid-19) stood at approximately 475 compared to the earnings five years prior of ~435 during Dec-2014.
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Stocks Tips For Today: Auto Stocks, HCL Tech, Axis Bank, Wipro
Stocks Tips For Today: Indian equities snapped a two-day losing streak amid weak global cues, giving up half of the gains made on Tuesday in the process. The S&P BSE Sensex ended 1.2% lower at 49,509 while the NSE Nifty 50 declined 1% to close at 14,690.
Stocks Tips For Today: JSW Steel, Biocon, HPCL, Adani Transmission
Stocks Tips For Today: Indian equities staged a rebound from their lowest level in nearly two months on Friday. The S&P BSE Sensex ended 1.2% higher at 49,008 while the NSE Nifty 50 index rose 1.3% to close at 14,507. However, Friday’s gains were not enough to prevent the benchmark indices from posting their second straight weekly loss.
Laxmi Organic Industries shares jump 50% in 2 days, IPO issue price
Shares of Laxmi Organic Industries shares extended gains to the second day after debuting on exchanges on Thursday. Today, Laxmi Organic shares rose as much as 18% to ₹194 as compared Day 1 closing price of ₹164.6. On Thursday, shares of the speciality chemicals manufacturer had finished with nearly 27% as compared to issue price of ₹130.
Adani Ports Acquire Gangavaram Port For Rs 3,600 Crore
Adani Ports & Special Economic Zone Ltd. signed an agreement to acquire a controlling stake held by promoters in Gangavaram Port Ltd.
Indian Equities: Futures Indicate More Weakness
![Buy Nifty Above 15500, Target Price 16000—16200 [Buy on Dips]](https://www.goldsilverreports.com/wp-content/uploads/2018/04/nifty-50-stock-of-the-nationx11s@goldsilverreports-GSR.jpg)
Indian equities fell for the fifth straight day on Thursday as rising bond yields in the U.S. spooked investors. Highest number of coronavirus cases reported in over three months, along with the volatility of the weekly options expiry also kept sentiment risk-off.
Stocks Tips For Today: BEML, BPCL, SBI, Vedanta
Stocks Tips For Today: BEML, BPCL, SBI, Vedanta. Indian equities witnessed pressure at higher levels, ending little change in what turned out to be a volatile and rangebound trading session. The S&P BSE Sensex ended 30 points lower at 50,363 while the NSE Nifty 50 index ended 20 points lower at 14,910. Both benchmark indices have now declined for three straight sessions.