Nifty pares initial losses to close unchanged on Friday, RIL top gainer


The benchmark Nifty50 pared all its initial losses to settle the first day of the April F&O series flat as investors booked profits in recent outperformers.

However, the index along with S&P BSE Sensex logged their third straight month of gains fuelled by Bhartiya Janta Party (BJP)’s crucial victory in Uttar Pradesh and big foreign inflows in the markets to the tune of over Rs 30,000 crore so far this month.

The S&P BSE Sensex ended at 29,620, down 27 points, while the broader Nifty50 remained unchanged at 9,173. The last time the 50-share index closed unchanged on October 27, 2016 at 8615.25 level.

The broader market outperformed with the S&P BSE Midcap (up 0.8%) and S&P BSE Smallcap (up 0.7%) hitting their fresh lifetime highs for the second day in a row.

The market breadth, indicating the overall health of the market, was strong. On BSE, 1,620 shares rose and 1,121 shares fell. A total of 232 shares were unchanged.

Continue Reading


Reblog: When to sell a stock


It’s better to sell when there is a deterioration in business fundamentals. Here are four triggers:

Most investment writing revolves around telling investors what to buy. But selling a stock at the right time is equally important. Many investors base their sell decisions on stock price moves. They book profits if a stock doubles or trebles.

But this can rob your portfolio of potentially big wealth creators in the long run. Instead, it is better to base your sell decision on fundamental changes in the business itself. Here are four sell triggers that work well in India.

Continue Reading


Nifty closes above the psychological 8800! Telecom rebounds.


Renewed buying interest drove equity benchmarks nearly 3 percent higher during the week, which was the first weekly rally after consolidation for a month.

Late buying helped the Nifty close above psychological 8800 level for the first time since April 2015, driven by banks, auto and telecom stocks.

The 30-share BSE Sensex rose 108.63 points to 28532.11 and the 50-share NSE Nifty gained 35 points at 8809.65.

Continue Reading


Some of the winners from the week gone by


StockArchitect is a platform that works. It helps investors take an informed decision based on the collective views of others.

Here are some of the winners of the week that just went by.

Continue Reading