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Stock Market Live Updates: Sensex and Nifty open positive on upbeat economic indicators

Stock Market Live Updates: Sensex and Nifty open positive on upbeat economic indicators
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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Share Market Highlights 13 February 2024: Sensex climbs 482 pts; Nifty settles above 21,700; banking stocks shine

Share Market Highlights 13 February 2024: Sensex climbs 482 pts; Nifty settles above 21,700; banking stocks shine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

India generalAndhra pradeshJammu and kashmirWest bengalUttar pradeshTamil naduUnited kingdomSouth africaHong kongNew zealandUnited statesNew delhiRepublic ofPitti engineeriKrsnaa diagnostChandra shekhar ghosh

What Shankar Sharma, Madhu Kela, Sandeep Tandon & Prashant Jain are betting on post-Budget

Prashant Jain believes that given the scale at which the government is planning the solar rooftop plan, the utilities space will become crowded. However, he sees some good investment options in the utilities supply side.

Sandeep tandonPrashant jainRaj gaikarShankar sharmaMadhu kelaNirmala sitharamanMadhusudan kelaIndian hotel companyResearch analystMahindra hotelsFounder of the quant groupRenewable energyMinister nirmala sitharamanInvestment managersQuant groupEase my trip

Nifty, Sensex mildly in red; Budget over, now Q3 earnings to drive market returns

Nifty Metal led the losses, falling around 1 percent. Nifty Pharma, Infra and IT indices were also trading with losses. On the flipside, gains in Nifty PSU Bank, Auto, Bank, Energy and FMCG indices capped losses for the headline indices.

Pankaj pathakRaj gaikarNirmala sitharamanHemant kanawalaIndian hotel companyResearch analystMahindra hotelsFund fixed incomeNifty metalSenior executive vice presidentHead equityKotak mahindra lifeKotak mahindra life insuranceMinister nirmala sitharamanEase my tripYatra online

FIIs: Prudence has taken precedence over populism in this interim budget: Nilesh Shah, Envision Capital

Post-May, FIIs will see India as the next stable place for five years. Unlike China, India is still part of an EM allocation, but that may change soon. The government s fiscal prudence and focus on mid-income housing are positive for the market. Private capital is expected to invest in the infrastructure. PSU banks may benefit from fiscal consolidation and potential privatisation. The bond market is looking favorable. FIIs are waiting for the May election outcome and evaluating China s value play. India s potential as a country allocation is not far away.

Nilesh shahEnvision capitalPied piperMahindra holidaysHome firstMight also likeEase my tripFiscal deficitTourism stockStock marketExpert viewInterim budget 2024Budget 2024