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NIFTY Nifty Could Cross 17000 By December 2021; Top Stock Picks Of Brokerages | Stock Market Latest News and Updats | निफ्टी दिसंबर तक पार कर सकता है 17,200 का लेवल, चुनिंदा शेयरों पर खरीदारी की सलाह

NIFTY Nifty Could Cross 17000 By December 2021; Top Stock Picks Of Brokerages | Stock Market Latest News and Updats | निफ्टी दिसंबर तक पार कर सकता है 17,200 का लेवल, चुनिंदा शेयरों पर खरीदारी की सलाह
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Bulls to Rule for Now- Business News

Equity markets are entering the New Year with hope. Here s what lies ahead A year that started with dashed hopes is ending with building expectations. The year 2020 was spoiled by the worst pandemic in a century and huge economic losses. Revival of equity markets in the second half was a pleasant surprise. The year 2021 looks promising. The bulls are raring to go, reflecting expectations about Covid-19 vaccine launch, promising corporate earnings, accommodative monetary policy, flush of liquidity and 15 per cent Nifty returns seen in CY20. Investors are all strapped and set to ride the bulls, although with some caution. 2021 will be a year of recovery. We have already ridden the roller coaster. With government increasing spending and earnings of companies improving, we have added new clients. It s time to get returns in the first half of this year than the second half, says Rusmik Oza, Executive Vice President, Kotak Securities. During April-September, India added 63 lakh demat

Barometers trade with minor losses; breadth positive

Benchmark indices were trading with minor losses in early afternoon trade. At 12:20 IST, the barometer index, the S&P BSE Sensex, fell 60.92 points or 0.13% at 47,685.30. The Nifty 50 index slipped 17.05 points or 0.12% at 13,964.90. The S&P BSE Sensex hit a record high of 47,865.56 while the Nifty index hit a record high 14,010.15 today. Trading was volatile as the December 2020 F&O contracts expire today, 31 December 2020. In the broader market, the S&P BSE Mid-Cap index rose 0.15% while the S&P BSE Small-Cap index gained 0.26%. The market breadth was positive. On the BSE, 1,616 shares rose and 1,159 shares fell. A total of 177 shares were unchanged.

Barometers hover near flat line

Benchmark indices continued trading near the flat line in early afternoon trade. At 12:20 IST, the barometer index, the S&P BSE Sensex, fell 72.07 points or 0.15% at 47,541.01. The Nifty 50 index slipped 14.85 points or 0.11% at 13,917.75. In the broader market, the S&P BSE Mid-Cap index lost 0.06% while the S&P BSE Small-Cap index gained 0.04%. The market breadth was positive. On the BSE, 1,405 shares rose and 1,358 shares fell. A total of 139 shares were unchanged. Derivatives: The NSE s India VIX, a gauge of market s expectation of volatility over the near term, rose 1.80% to 21.1650. The Nifty December 2020 futures were trading at 13,934.15, at a premium of 12.05 points compared with the spot at 13,922.10.

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