Karachi, Dec 10 : The Pakistan Stock Exchange (PSX) wrapped up the trading week on a historic note as the benchmark KSE-100 index soared to an unprecedented all-time high above 66,000 points, a media outlet reported. This record-setting close was fueled by the visit of caretaker Prime Minister […]
Category: Market
Investors to focus on inflation data from India, US
New Delhi, Dec 10 : In the upcoming data-centric week, the focus will be on crucial releases, including inflation data from India and the US, says Vinod Nair, Head of Research at Geojit Financial Services. Indian inflation is expected to rise, while US inflation will remain steady. Indian industr […]
Time for investors to bank on a couple of PSU and private banks
New Delhi, Dec 10 : The Indian banking system consists of 12 public sector banks, 22 in the private sector, apart from foreign and cooperative banks. Over the last one year-to-date the Banking Index has delivered a return of 9.29 per cent. Post the Insolvency and Bankruptcy Code coming in place […]
FPIs have turned buyers in leading banks
where they have been sellers. Large caps in segments like IT, telecom, automobiles and capital goods are also witnessing buying. This trend is likely to continue, he said. /IANS […]
Small and midcap stocks at historical peak valuations versus Nifty
Mumbai, Dec 8 : Small and midcap (SMID) stocks have outperformed Nifty over the last 11 months. The outperformance versus Nifty is about to hit the cyclical historical peaks, DSP Mutual Fund said in a report. Historically, small and midcap stocks enter a period of outperformance once they reverse […]
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