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Going ahead, the trend of FPIs buying is likely to continue in the coming days, V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said.

The BSE benchmark soared 1,359.51 points or 1.63 per cent to settle at an all-time high of 84,544.31 on Friday. During the day, it jumped 1,509.66 points or 1.81 per cent to hit the lifetime intra-day peak of 84,694.46.

In the five trading sessions leading up to September 20, the Sensex rose approximately 2%, closing at 84,544, with gains noted in four sessions. In this weekly rally, ETMarkets identified that nine stocks from the Nifty500 pack have showed consistent price increases during this timeframe. (Data Source: ACE Equity)

The long-awaited 50 bps rate cut by the Federal Reserve has finally happened, with the Fed hinting at further reductions in 2024, 2025, and 2026. This news has sparked a positive reaction across the markets.Following this, analysts expect increased FPI inflows, leading to a recent rise in largecap investments. This Continue Reading

Recent analysis by ETMarkets reveals that five BSE smallcap stocks experienced consistent growth in price, trading volume, and delivery volume over the past three sessions. This surge suggests heightened investor interest in these specific smallcap companies.

Private insurers in India saw a significant increase in their weighted received premium (WRP) during August 2024, growing 15% year-on-year. This was notably higher than the overall industry growth of 10%. Combined with ongoing investments in distribution and new product development, this indicates a positive outlook for the private insurance Continue Reading

U.S. stocks face a challenging period with economic data, political uncertainty, and corporate earnings tests ahead. The S&P 500 recently hit an all-time high following a Federal Reserve rate cut but remains vulnerable to market swings, especially with the upcoming election and key economic reports on the horizon.

State-owned Solar Energy Corporation of India (SECI) on Friday pledged to invest 180 billion rupees ($2.16 bln) in equity for renewable capacity expansion by 2030, and announced plans to go public in the next one to two years.

Cantor initiates coverage on the company with a bullish “Overweight” rating and a price target of Rs 2,251, suggesting a potential 129% upside by FY26. They project a 20% CAGR revenue growth and a 28.8% CAGR adjusted EBITDA growth for the company from FY24 to FY27E.

HDB Financial Services IPO: The IPO comprises a fresh equity sale of Rs 2,500 crore and an offer-for-sale component, allowing existing shareholders to divest their holdings. HDB Financial Services, a major NBFC, focuses on retail and commercial customers with a diversified portfolio of financial products and services.