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The author is a Trainee Journalist at BW Businessworld based in Mumbai. He tracks the Markets and related news.
The BSE Sensex and Nifty were trading on flat lines in the morning trade mainly dragged by banking and financial stocks. However, the Metal and Pharma stocks were the top defensives as they added over a per cent each.
Read MoreAt close, the Sensex was down 14.77 points at 55,944.21, and the Nifty-50 was closed with a gain of just 10.05 points at 16,634.65.
Read MoreIn a conversation with Ruchit Purohit of BW Businessworld, Vinit Bolinjkar, Head of Research, Ventura Securities, shares his views on why one should avoid Smallcap stocks and stick only to Blue-chips and quality Mid-caps in the near term despite markets at lifetime highs
Read MoreThe BSE Sensex logged a fresh high of 56,188.49 and the Nifty traded above 16,700 in the opening trade on Wednesday, August 25.
Read MoreShares of Bajaj Finserv stood as the top index gainer of Sensex as the stock price jumped more than eight per cent and made a fresh 52-week high of Rs 16,584.80 after the company received Sebi's approval for launching AMC.
Read MoreThe BSE Sensex closed higher by 226.47 points at 55,555.79, and the Nifty-50 index added 45.95 points to close at 16,496.45.
Read MoreShares of Nuvoco Vistas listed at Rs 471 on the BSE, down 17.37 per cent against its issue price of Rs 570. The company also became the second company to witness a tepid listing after CarTrade Tech.
Read MoreAutomobiles stocks are expected to benefit from EV play with most companies announcing new models, tells Rahul Sharma, Co-founder, Equity99 in conversation with Ruchit Purohit of BW Businessworld.
Read More16350 is an important support level in the short term, if the market sustains above this level, expect the market to remain positive and gain momentum, leading to an upside projection till 16700-16750 level, said experts.
Read MoreThe BSE Sensex has managed to climb another 1000 points in a span of five days. "This bull run seems to take the Indian markets on a level that no one has ever expected," said experts commenting on the matter.
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