Shares of luxury watch player Ethos soared over 9 percent to Rs 2,324 on May 14 after it reported an upbeat January-March quarter (Q4FY24) performance.So far this year, Ethos has surged over 18 percent, outpacing the benchmark Nifty 50 which rose 2 percent. The company's shares had hit a 52-week high of Rs 3,040 per share on March 11, 2024.Ethos's consolidated revenue from operations rose 21.7 per...

Booster shotAn interesting tug of war playing out in Dr Reddy’s following the fourth quarter numbers. Massive volumes were seen in the ADRs on Friday, and on Monday too ADR volumes were higher than usual. Dr Reddy’s has been among the laggards in the pharma pack, and the near-term outlook remains cautious given continued price erosion in the US generic space and increased R&D spending. Price a...

BSE Sensex and NSE Nifty 50 extended the previous session's gains with automobile and energy stocks leading the gains. However, concerns about the results of the ongoing general elections persist.The broader market outperformed the benchmarks with BSE Midcap rising 0.7 percent and BSE Smallcap gaining 1.4 percent.At 11:42 am, the Sensex was up 221 points or 0.3 percent at 72,998 and the Nifty 50 w...

BSE Sensex and NSE Nifty 50 extended the previous session's rebound at open May 15, but soon gave up gains and turned flat for the day in the morning trade. Concerns linger about sustaining any intermittent gains till uncertainty remains about the results of the ongoing general elections.At 10:09 am, the Sensex was up 8 points at 72,784, and the Nifty was up 2.5 points at 22,107. Auto and energy s...

Dr Lal Pathlabs Ltd's derivatives data shows a long build-up in the scrip, with the price expected to rise to Rs 2,650. The stock fell 1.2 percent on May 14 to Rs 2,465 on the NSE.Earlier, on May 13, the open interest in the futures segment increased by 17 percent, while Dr Lal Pathlab's stock price jumped 6 percent for the day.According to Avdhut Bagkar, Head of Technical and Derivative Research ...