The Sensex and the Nifty extended fall to the third straight day as traders assess the market impact of the worsening situation in West Asia. Rising US treasury bond yields, which shot to a five-month high, also weighed on investors' risk appetite.Analysts advise investors to adopt caution and wait and watch how the developments unfold.The Sensex was down 334.28 points, or 0.46 percent, at 73,065....

Brokerage Jefferies is bullish on the recently listed Bharti Hexacom, a Bharti Airtel group company, because of its strong growth prospects and healthy margin expansion.Jefferies initiated coverage on the stock with a “buy” rating and a price target of Rs 1,080. The price target is the most aggressive on the Street, as it forecasts a nearly 34 percent upside in the counter.The bullish comments...

Bharti Airtel's stock momentum continues to favor bulls, despite the overall market showing disconcerting global cues. The stock price closed higher on Monday, with an addition of 7 lakhs in Open Interest (OI), totaling over 3 crore.According to Avdhut Bagkar, Derivatives and Technical Analyst at StoxBox, "Higher OI was seen in both 1200 CE and PE, along with 1240 CE and 1250 CE exhibiting a long ...

The equity benchmarks continued to trade lower on April 16 afternoon as rising bond yields and Israel's vow to respond to Iran's attack fanned worries about a widening conflict. Broader markets, however, outperformed the Sensex and the Nifty as volatility cooled off marginally.The Sensex was down 422.27 points or 0.58 percent at 72,977.51, and the Nifty was down 98.00 points or 0.44 percent at 22,...

Algo storyFriendly circles are said to be at work in the Dolat Algotech stock over the last couple of months. Market chatter is that much of the recent interest has been coming from a cartel of Gujarat-based traders. Efforts to draw in retail investors to the party have not yielded fruit so far. In January, the stock had surged with a corresponding spike in trading volumes, but the rally soon fizz...