Tuesday, February 4

Tag: Gift Nifty

Stock Market Live: Sensex off lows, down 200 pts as RIL rebounds; Broader indices firm | News on Markets
12Apr By adminNo Comments
Business

Stock Market Live: Sensex off lows, down 200 pts as RIL rebounds; Broader indices firm | News on Markets

11:54 AMLKP Securities initiates coverage with buy on Sansera Engg, stock jumps 4% Brokerage firm LKP Securities on Friday initiated coverage on automotive component manufacturers Sansera Engineering, with a 'buy' rating, with a target price of Rs 1,235, translating into an upside potential of 21 per cent. That said, Sansera Engineering’s shares have shown a robust performance, climbing 10.63 per cent in the past month, outpacing the S&P BSE SmallCap index by 2.81 per cent. Read more  11:46 AMVodafone Idea slides 5% after fixing price of FPO at Rs 18,000 crore Shares of Vodafone Idea slipped 5 per cent to Rs 12.23 on the BSE in Friday’s intra-day trade amid heavy volumes. This came the company fixed the floor price at Rs 10 per share for its proposed follow on of...
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Stock Market Live: Sensex zooms 400 pts, Nifty above 22,700 in pre-open | News on Markets
10Apr By adminNo Comments
Business

Stock Market Live: Sensex zooms 400 pts, Nifty above 22,700 in pre-open | News on Markets

Stock market updates on April 10, 2024: Indian equities are looking at a positive start on Wednesday after erasing its intraday gains in Tuesday’s close. At 07:15 AM, the Gift Nifty futures were quoting 80 points higher than Nifty 50 futures at 22,815.  Overnight in the US major indices traded flattish with Dow Jones Industrial Average ending slightly below the flat line, while the S&P 500 notched up by 0.14 per cent, and the Nasdaq Composite gained 0.34 per cent. In Asia, this morning the sentiment among investors remained mixed, with Japan’s Nikkei 225 falling 0.34 per cent in early trade, while the broad-based Topix fell by 0.20 per cent. In Australia, the S&P/ASX 200 began the day with a modest increase of 0.29 per cent. Hong Kong’s Hang Seng inde...
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Stock market LIVE: Gift Nifty suggests slim gains on bourses, Titan, Adani Green Energy eyed | News on Markets
8Apr By adminNo Comments
Business

Stock market LIVE: Gift Nifty suggests slim gains on bourses, Titan, Adani Green Energy eyed | News on Markets

Stock market updates on April 08, 2024: The Indian equities market is looking to open with slim gains on Monday, tracking mixed global peers. The Gift Nifty futures were quoting 57 points higher than Nifty 50 futures at 22,652.  In Asia, this morning markets remained a mixed bag, with Japan’s Nikkei 225 crossing the 39,000 mark with a gain of 1.01 per cent in early trade, while the broad-based Topix rose by 0.77 per cent. South Korea’s Kospi declined by 0.17 per cent, whereas the small-cap Kosdaq experienced a larger loss of 0.76 per cent. In Australia, the S&P/ASX 200 began the day with a modest increase of 0.15 per cent. While Hong Kong’s Hang Seng index was quoting 0.44 per cent lower in early trade.  On Friday, the S&P 500 index and Nasdaq ...
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Stock Market LIVE: Gift Nifty hints quiet start to action packed day ahead | News on Markets
4Apr By adminNo Comments
Business

Stock Market LIVE: Gift Nifty hints quiet start to action packed day ahead | News on Markets

Stock market updates on April 04, 2024: Benchmark indices may exhibit volatility in trades on Thursday as market digest a slew of triggers ahead of the RBI policy outcome tomorrow. Global triggers On Wednesday, the US market ended on a mixed note after the US Federal Reserve reaffirmed that the Fed will stick to its wait-and-see approach given the strength in the economy and high inflation rate. The S&P 500 and Nasdaq advanced 0.1 per cent and 0.2 per cent, while Dow Jones slipped 0.1 per cent. Meanwhile, the US 10-year bond yield contiunued to hover around elevated 4.357 per cent levels. Gold futures extended its record rally to $2,319 per ounce, and Brent Crude Oil quoted near $90 per barrel. Nearer home, Japan's Nikkei rallied 1.5% and Kospi als...
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Sensex down 300 pts in opening deals; Nifty below 21,400
18Dec By adminNo Comments
Business

Sensex down 300 pts in opening deals; Nifty below 21,400

8:56 AMReliance Industries's green energy equipment business intrigues analystsEvery decade or so, Reliance Industries Ltd (RIL) sets on a new growth strategy, nudging the markets to value its stock price for newer businesses. For the company’s latest energy initiative to expand its green energy and storage portfolio, some analysts are beginning to suggest a closer look at some of its segments.  READ MORE 8:51 AMSBI slows down unsecured retail loans, to focus on healthy growthState Bank of India, the country’s largest lender, has slowed unsecured retail loans as the lender will focus on ‘healthy’ growth, even if overall loan growth is expected to stay robust at 15 per cent in this financial year amid steady demand from corporates, Chairman Dinesh Khara said. READ MORE 8:46 AMStocks: Ne...
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Sensex hits 70,000, Nifty at 21K; Dr Reddy dips 6%
11Dec By adminNo Comments
Business

Sensex hits 70,000, Nifty at 21K; Dr Reddy dips 6%

8:59 AMSmallcap pie grows as retail investor faith soars, shows Capitaline dataRetail investors now own a bigger slice of smallcap companies than at the start of 2023–24 (FY24), underscoring their growing conviction about investing in this red-hot space. Read 8:54 AMWatch: What will keep the markets busy this week? December has been a bumper month for equity markets so far with Nifty index crossing 21,000 on Friday and the Sensex eyeing 70,000 level. Which factors will influence the market’s direction this week? 8:49 AMNifty in overbought zone, Wait for dips in Nifty Bank before fresh buyingThe Nifty 50 Index continues its bullish trajectory, marking yet another new lifetime high on both short-term and near-term charts. Despite the prevailing bullish trend, the ascent towards 21100 ...
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Sensex up 100pts; Broader indices down 1%; Praj dips 11%
8Dec By adminNo Comments
Business

Sensex up 100pts; Broader indices down 1%; Praj dips 11%

2:05 PMRBI MPC: Repo rate kept unchanged at 6.5%, FY24 GDP estimate hiked to 7%Reserve Bank's Monetary Policy Committee decides to keep the repo rate unchanged at 6.5% and also keeps the FY24 inflation forecast unchanged at 5.4%. READ MORE 1:52 PMALERT:: LIC pares stake in HDFC AMC; stock down 1.5%LIC in an exchange filing said it reduced its holding in HDFC AMC from 9.046 per cent to 6.953 per cent in the last one year, at an average price of Rs 2,863.45 per share. 1:37 PMCOMMENT:: Not expecting a rate cut anytime soon The MPC's decision to keep the key policy rates steady while staying the course on monetary tightening is the best policy prescription that the central bank could deliver at this point of time.   The tightening cycle, in my view, will continue till t...
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Sensex, Nifty erase losses; SpiceJet jumps 20%, ITI 13%
7Dec By adminNo Comments
Business

Sensex, Nifty erase losses; SpiceJet jumps 20%, ITI 13%

11:13 AMChina's exports edged higher for first time in 7 months, imports fallsExports rose 0.5 per cent from a year earlier to $291.9 billion, a sign that demand may be picking up after months, but imports fell 0.6 per cent, to $223.5 billion, after they climbed 3 per cent. READ MORE 10:56 AMThis smallcap stock hit new high after gap of 15 years; up 47% in 1 monthShares of Ashapura Minechem were locked in the 5 per cent upper circuit at Rs 460.25 on the BSE. READ MORE 10:39 AMOn a hat-trick: Will RBI Governor Shaktikanta Das throw another surpriseRBI has maintained a hawkish tone in the last two policy reviews, and those steps were to further reinforce the point that the central bank is not dropping its guard on inflation any time soon. READ MORE 10:24 AMALERT:: Protean eGov Tech Q2 ne...
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Sensex vaults 350 pts; IT, FMCG shine; Auto, banks tepid
6Dec By adminNo Comments
Business

Sensex vaults 350 pts; IT, FMCG shine; Auto, banks tepid

2:39 PMTata Power soars 6%; hits new high after 20 months on positive outlookCRISIL Ratings expects Tata Power's consolidated adjusted Ebitda to be more than Rs 12,000 crore each in fiscals 2024 and 2025, against around Rs 11,500 crore in FY23 and around Rs 9,600 crore in FY24. READ MORE 2:30 PMALERT:: Zydus Life gets USFDA nod for Methylene Blue Injection; stock marginally up Zydus Lifesciences in an exchange filing said it received final approval from the United States Food and Drug Administration (USFDA) to manufacture and market Methylene Blue Injection, 10mg/2ml and 50mg/5ml.  2:20 PMGautam Adani's next milestone is plan for $1.25 billion of green arm debtWe are coming close to timelines where we would like to see a concrete and definitive plan" Abhishek Dangra, a Si...
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