The Indian market went on a three-day losing streak on Thursday with the Sensex and Nifty staging a broad recovery after the US Federal Reserve implemented a 25 basis point interest rate cut overnight. The recovery came at the same time as the rupee weakened to a new low amid growing concerns over the lack […]
The main index Nifty ended on a positive note for the fifth day in a row, helped by strong buying in financial services and auto stocks. The daily chart showed a breakout from this consolidation zone, confirming renewed bullish momentum. Commenting on today’s Vatsal Bhuva, technical analyst at LKP Securities said today’s breakout highlights the […]
According to Dipan Mehta, director of Elixir Equities, the Securities and Exchange Board of India’s (SEBI) proposal to revise mutual fund fee rules to reduce costs for investors is unlikely to have a material impact on mutual funds or brokers. Speaking to ET Now, Mehta said the changes appear “marginal” and are mainly aimed at […]
Shares of Tata Motors continued their downward trajectory on Thursday, falling for the fifth straight session ahead of the company’s crucial record demerger date on October 14. The stock has corrected 9.5% in the last five trading days to hit a low of Rs 669 on the BSE as investors brace for operational and structural […]
Foreign Institutional Investors (FIIs) have a huge RS 4,500 CRORE bets blitz on Indian auto shares Disapped since the GST rationalization announcement of Prime Minister Narendra Modi, the announcement of the rationalization, aggressive positions to be a consumption of the sector-Geleide-Geleignebesty-Geleign The dramatic increase in the appetite of foreign investors comes as the decision of […]
The Indian markets witness a strong sector and investors balancing optimism of GST-taking, reforms and recovery of the requirement for taking profit and consolidation. According to Amnish Aggarwal, Head of Research, Pabhudas Lilladher, the short -term prospects about cars, defense and it looks mixed, but structural stories remain intact. Car and consumer stocks: Rally and […]
Shares of OLA Electric fell nearly 8% to hit the lowest point of the day of RS 63.71 on the NSE on Thursday after the government had reduced the goods and service tax (GST) on two-wheelers with engine capacity to 350 cc to 18% of 28%. The move, aimed at stimulating Ice Two-Wheeler Sales, is […]
After almost two weeks of rebound, the session on Tuesday turned out to be a damper with sales pressure that the indices understood directly from the opening bubble. “What made it worse was the banking sector,” said Ajit Mishra, SVP – research at Religare Broking, in a conversation with ET now. “Private banks did not […]
The tractor industry of India achieved a healthy growth of 9.2% JoJ in Q1FY26, with 2.86 Lakh units, driven by a robust demand in the categories with a high pure (HP) and pre-seasle stock prior to the Kharif seed period. Favorable Rabi Harvest income and a steady demand from important agricultural states supports the strong […]
The Indian market ended marginal higher on Thursday, with early losses when buying picked up in the last hour of trade on the weekly expiry date of Nifty derivatives. Sentiment recovered after brokers said that the impact of the abrupt step of US President Donald Trump to double rates on Indian export would be limited, […]