Latest Updates Around The World
Shares of Adani Ports and the Special Economic Zone fell about 6% on Monday as geopolitical tensions flared in the Middle East, with Iran retaliating against the US and Israel and calling off talks after the death of its supreme leader, Ayatollah Ali Khamenei.Adani Ports operates the Port of Haifa in Israel, which confirmed on […]
Stock markets closed last week under notable pressure as continued geopolitical tensions and weakness in technology stocks weighed on sentiment. On Monday, investors are likely to react to the ongoing conflict between Iran and the US-Israeli axis. Analysts say the impact of this development will be negative in the short term.In today’s trading, shares of […]
The base case assumes the Nifty index with a 12-month target of 27,958. In a bullish scenario, a 20x multiple suggests upside towards 30,497, while a conservative bear case suggests 26,486. The equity markets appear poised for their next phase of expansion after nine months of tight consolidation, with the Nifty trading within a narrow […]
Indian benchmark indices closed higher for the second straight session on Monday, supported by broad buying across sectors, with financials, auto and consumer stocks leading the gains. The Nifty settled at 25,867.30, up 173.60 points, or 0.68%, while the BSE Sensex rose 485.35 points, or 0.58%, to end at 84,065.75.Meanwhile, the volatility gauge India VIX […]
India’s benchmark indices broke their two-day winning streak on Thursday to end lower amid broad selling pressure. Financial services, auto and IT stocks led the declines. The Nifty closed at 25,642.80, down 133.20 points or 0.52%, while the BSE Sensex fell 503.76 points, or 0.60%, to 83,313.93.Meanwhile, the volatility gauge India VIX ended at 12.17, […]
Billionaire Mukesh Ambani-backed shares of Reliance Industries (RIL) rose 7% to a day’s high of Rs 1,489 on BSE, while shares of Adani Group rose up to 13% on Tuesday after US President Donald Trump announced a landmark trade deal between India and the US that cuts tariffs from 50% to 18% and opened the […]
Adani Ports and the Special Economic Zone (APSEZ) on Tuesday reported a 21% year-on-year increase in its consolidated net profit in the December quarter at Rs 3,054 crore compared to Rs 2,518 crore reported in the year-ago period. The profit after tax (PAT) is attributable to the shareholders of the parent company. Operating income from […]
Benchmark indices Nifty and Sensex rose 4.7% and 4.4% respectively, in one of the biggest single-day gains after India and the US announced a long-awaited trade deal, easing concerns over tariffs that have weighed on Indian markets for months. The benchmark BSE Sensex rose nearly 3,500 points, or 4.4%, to 85,323 in early trade, while […]
Benchmark indices Nifty and Sensex ended the first session of the holiday-shortened week on a strong note on Tuesday after the trade deal between India and the European Union lifted sentiments.Sensex ended Tuesday’s session 319.78 points or 0.39% higher at 81,857.48, while the Nifty50 rose 126.75 points or 0.51% to 25,175.40. Prime Minister Narendra Modi […]
Adani Group companies, including Adani Power, Adani Enterprises, Adani Ports and Adani Green Energy, issued a statement through an exchange filing on Saturday in response to recent media reports claiming that the US Securities and Exchange Commission (US SEC) is seeking court approval to serve legal summons on Adani Group Chairman Gautam Adani and his […]
