IT Sector Slump To Impact Consumer Demand

'A cutback in hiring and compensation growth by IT companies will have a significant impact on consumer demand, especially in the urban sector of the economy.' Illustration: Dominic......

Mid, smallcaps reach for the sky despite analysts sounding caution

Stocks of small- and mid-cap companies continued to gain ground in July, notwithstanding analysts sounding caution on these two market segments given the sharp run thus far in calendar year 2023......

43 Nifty, 27 Sensex stocks trade above 200-DMA. Analysts see more upside

With the markets scaling new highs, as many as 43 stocks from the Nifty50 index and 27 of the 30 scrips that are part of the S&P BSE Sensex are trading above their respective 200-day moving average......

Crude price rally to benefit Indian equities in the near term

There is positive correlation between crude oil prices and Indian equities and investors can expect more upside after the recent rally in Brent crude price. The Indian equity markets corrected on......