The NSE Nifty 50 closed 0.11% higher at 22,361.65, while the BSE S…
Share Market Highlights- Sensex, Nifty ends flat! Nifty holds 24,300, Sensex below 80,000; Financial Services and Banking stocks top laggards
Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices ended Friday’s trading session in the mixed territory. The NSE Nifty 50 gained 21.70 points or 0.09% to settle at 24,323.10, while the BSE Sensex dipped 53.07 points or 0.07% to 79,996.60. The broader indices ended in mixed territory, with gain led by Largecap and Midcap stocks. Bank Nifty index ended lower by 443.35 points or 0.83% to settle at 52,660.35. Energy and Pharma stocks outperformed among the other sectoral indices while Financial Services and Banking stocks shed.
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Markets open lower: Nifty opened at 24,200, Sensex dropped 270�…
Stock Market Highlight- Markets end higher! Nifty closes above 22,350, Sensex up 100 points; Nifty Midcap closes over 500 points up
Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices closed in positive territory on April 23. The NSE Nifty 50 gained 31.60 points or 0.14% to finish the day’s trading at 22,368, while the BSE Sensex inched up 89.83 points or 0.12% to close at 73,738.45. Nifty Midcap jumped 518.45 points or 1.06% to settle at 49,614.85.
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15:30 (IST) 23 Apr 2024
Markets today at close
Stocks To watch- One 97 Communication, Infosys, Paras Defence, UltraTech Cement, Havells India, Adani Ports, Adani Enterprises
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a lacklustre opening on Thursday i.e. when the Interim Budget 2024 will be announced. Here’s a look at the key stocks to watch in trade.
Stocks in Focus: GIFT Nifty traded up by just 2 points or 0.01% at 21,789 indicating a lacklustre opening for domestic indices NSE Nifty 50 and BSE Sensex on Thursday. Previously, on Wednesday, the NSE Nifty 50 gained 203.60 points or 0.95% to settle at 21,725.70, while the BSE Sensex surged by 612.21 points or 0.86% to 71,752.11.
“The Nifty has formed a Piercing Line pattern on the daily chart, following a dark cloud cover in the preceding trading session. This consecutive complete reversal pattern indicates a highly volatile market sent…
VIX soars to 52-week high as poll jitters unnerve investors
Caution over the ongoing Lok Sabha elections continued to unnerve investors as they rushed to hedge their positions, leading to India VIX rising for the eighth consecutive session on Monday. The volatilityindicator soared 13.6% to 16.6, registering its biggest single day rise in more than a year. This was also the highest level for the index in over a year.
Market experts said there is a feeling that the ongoing Lok Sabha elections may not be a walk in the park for the ruling government. This was not the case 2-3 weeks ago.
While many still believe the ruling National Democratic Alliance (NDA)-led by Bharatiya Janata Party (BJP) will come back to power, there are divergent opinions on the number of seats that it can win.
US Fed Chair Powell speaks at Jackso…
Can Business and Climate Leaders Speak the Same Language-
(To get this story in your inbox, subscribe to the TIME CO2 Leadership Report newsletter here.)
This week I published a cover story profiling Sultan Al Jaber, the controversial president of the coming U.N. climate conference in Dubai. Al Jaber has received unrelenting criticism for running the conference, known as COP28, while also serving as the CEO of the United Arab Emirates’ state-owned oil company.
But Al Jaber doesn’t like to position himself as an oil CEO and instead prefers to talk about his experience co-founding Masdar, a renewable energy company, and, more generally, his experience in other business functions. “I bring finance experience, economics experience, project management, business development,” he told me.
This is certainly, in part,…
Valiant Lab IPO subscribed 71% on day two of subscription
The initial public offer (IPO) of pharmaceutical ingredient manufacturing firm Valiant Laboratories was subscribed 71 per cent on day two of subscription on Thursday.
The initial share sale received bids for 54,25,770 shares against 76,23,030 units on offer, as per NSE data.
The category for retail individual investors (RIIs) was subscribed 1.27 times, while the quota for non-institutional investors received 29 per cent subscription. The portion for qualified institutional buyers (QIBs) was subscribed 5 per cent.
Interarch Building Products makes stellar debut, lists at Rs 1,299 on NSE Ambuja Cements shares surge 4% after promoter sells 3% stake via block deal Ola Electric shares jump over 16% after flat listing Ola Electric IPO fully subscribed on Day 2
Will Nifty slip below 19000 amidst weak global cues- See GIFT Nifty, FII data, F&O ban, crude, more before market opens
GIFT Nifty traded down 34 points or 0.18% at 19,045.5, indicating a negative opening for domestic indices NSE Nifty 50 and BSE Sensex on Thursday. Previously on Wednesday, the NSE Nifty 50 tanked 159.60 points or 0.83% to settle at 19,122.15, while the BSE Sensex shed as much as 522.82 points or 0.81% to 64,049.06.
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Stocks to watch: Axis Bank, Tech Mahindra, Hero MotoCorp, Sona Comstar
“Domestic equities saw profit booking and slipped to 3-months low. Nifty opened marginal green, but soon gave up its early gains and witnessed second consecutive day of selling to close with loss of 160 points (0.8%) at 19,122 levels. Profit booking continued in mid-cap and small-cap stocks. Except Metals and PSU Bank, all sectors ended in red. Metal …
Infosys, Tech Mahindra and Coforge top IT picks for Nomura; Wipro gets second ratings upgrade after CLSA
In a recent report, Nomura has turned bullish on the Indian IT sector. It expects revenue growth to stabilise and believes that EPS downgrade cycle is set to end. The firm has identified Infosys and Coforge as its top picks.
Wipro, Infosys and HCL Tech see ratings upgrade
It has upgraded its ratings to Buy for Wipro (from Reduce), Infosys (from Neutral), and HCL Technologies (from Neutral). TCS has been upgraded to Neutral (from Reduce). Among large caps, Infosys, Wipro, and Tech Mahindra are the top picks and Coforge and Birlasoft are favoured among midcaps.
Nomura has adjusted its earnings estimates for FY25-26F, ranging from -3% to +5% across its coverage universe. The expected revenue growth in FY25F will be driven by large co…