Indian shares traded lower on Tuesday, with the Sensex and Nifty extending losses into a second session, as investors weighed lingering global trade uncertainties and continued foreign fund outflows, even as attention remained focused on the unfolding quarterly earnings season.The BSE Sensex fell over 300 points to the day’s low of 82,950, while the NSE […]
The Indian market ended higher on Friday, with the Sensex and Nifty rising decisively, after a strong earnings surprise from Infosys reignited risk appetite and pulled heavyweight IT stocks sharply higher, among other factors. The rally pushed the Sensex and Nifty to new intraday highs, overturning recent caution and setting a bullish tone for the […]
UBS has cut adjusted EBITDA estimates for Eternal (Zomato) by 10-18% and for Swiggy by 12-28% for the next two to three fiscal years, citing increasing competition in India’s fast-trade sector slowing margin recovery. The analyst revisions pose a significant challenge for both platforms as they compete for market share in a segment characterized by […]
Global brokerage firm Bernstein expects Eternal’s high-speed trading arm Blinkit to continue to outpace rivals Swiggy, Instamart and Zepto in 2026, even as increasing competition keeps profitability volatile and stock returns likely to be uneven throughout the year.Bernstein says Eternal is favored in the industry, citing Blinkit’s stronger operating metrics, lower cash burn and more […]
Quarterly earnings from October to December are expected to post the highest growth in eight quarters on the back of an improved earnings environment, with the Nifty likely to post 8% year-on-year growth, Motilal Oswal Financial Services (MOFSL) said. Meanwhile, profits of companies within MOFSL’s coverage universe can report 25% year-on-year growth.Excluding financials, earnings for […]
Indian stock markets extended their losing streak for the fourth straight session as geopolitical tensions and renewed fears of aggressive US tariff measures shook investor confidence. The Sensex lost nearly 800 points in Thursday’s session, marking a decisive collapse after a week of consolidation, while the Nifty 50 fell sharply below crucial technical levels, raising […]
Equity benchmarks Nifty and Sensex started 2026 on a strong footing, posting gains for the second straight session, driven by sharp rallies in auto, banking and IT stocks even as steep declines in major FMCG names capped the upside.At around 9:45 am, the BSE Sensex rose 220 points, or 0.26%, to open at 85,444, while […]
After a volatile and largely disappointing 2025 for equity investors, seasoned market expert Dipan Mehta, director at Elixir Equities, believes 2026 could mark a meaningful turnaround – driven by an earnings rebound, selective stock selection and a shift towards export-oriented sectors.Speaking to ET Now, Mehta said 2025 looked like a ‘bear market in disguise’ despite […]
Indian shares closed little changed on Tuesday, with the Sensex and Nifty extending their losing streaks, as thin year-end trading and continued concerns over foreign fund outflows kept investors cautious and volumes subdued.The BSE Sensex fell 20 points, or 0.02%, to close at 84,675.08, while the NSE Nifty 50 fell 3 points, or 0.01%, to […]
Indian shares opened marginally higher on Monday, with the Sensex and Nifty taking cues from a rally in Asian markets, although gains were limited by lingering concerns over foreign fund outflows and subdued year-end trading volumes. Investors also kept a close eye on new developments surrounding negotiations aimed at ending the war in Ukraine.The BSE […]