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Markets

Buy or Sell: Ruchit Jain of 5paisa recommends these two stocks to buy on Tuesday

[ad_1] Given the short week and the monthly expiry of futures, market experts anticipate some volatility, but the Nifty 50, as per analysts, would probably consolidate at higher levels. Furthermore, investors would be busy during this truncated week with US GDP data, other important economic data, and the opening of one mainboard IPO and a few SME IPOs.  Also Read: Holi 2014 to Holi 2024: Nifty 50 zooms over…

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Markets

This is the reason why midcaps and smallcaps may consolidate in medium-term

[ad_1] The March clampdown led the broad Midcap and Smallcap indexes to a total fall of -8% and -13%, respectively, from the intraday high to low between 5th to 14th of March. Following the low point reached last Thursday, the market has rebounded, experiencing a gain of around 5% to 7% respectively. The total cut has reduced to -4% and -7%, as of Friday, closing 22nd March. Technically, the…

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Markets

FMCG stocks see surge in foreign investment in first half of March

[ad_1] Mumbai: Foreign investors gorged on FMCG (fast-moving consumer goods) stocks in the first half of March, with net purchases touching a four-year high of ₹11,180 crore, according to data from National Securities Depository Ltd (NSDL). Comparatively, the figure was ₹662 crore in the same period last year. Sovereign wealth fund GIC’s (Government of Singapore Investment Corporation) ₹3,664.1-crore purchase of 91.5 million shares of ITC, offloaded by British American…

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