Textile stocks traded mixed on Monday with Gokaldas exports falling 3% to touch the day’s low of Rs 766.25 on the National Stock Exchange (NSE), while Indo Count and KPR Mill fell to 1.3% in early trade as uncertainty over tariff impact loomed. In contrast, Welspun Living rose 4.5% to hit the day’s high of […]
Indian benchmark indices closed higher for a third straight session on Tuesday, supported by broad-based buying, with auto and metal stocks leading the gains. The Nifty settled at 25,935.15, up 67.85 points, or 0.26%, while the BSE Sensex rose 208.17 points, or 0.25%, to end at 84,273.92.Meanwhile, the volatility gauge India VIX ended at 11.67, […]
More than 120 small-cap stocks posted double-digit gains last week, marking one of the sharpest short-term rallies in the segment in recent months. The rally was broad-based, spanning textiles, auto parts, infrastructure, chemicals, consumer and capital goods.Stocks such as VTM, Gokaldas Exports, Garware Hi-Tech Films, Faze Three and United Foodbrands rose between 35% and 45% […]
Apparel maker Gokaldas Exports on Wednesday witnessed a bulk deal with French multinational bank Societe Generale buying over 5 lakh shares worth Rs 41 crore, even as the stock remains in the top focus on the D-Street following the US-India trade deal, with the company seen as a major beneficiary.Societe Generale bought these shares at […]
Indian benchmark indices closed higher for the second consecutive session on Wednesday, extending momentum from Tuesday, even as IT stocks weighed heavily on the markets. Gains in most other sectors, supported by optimism around the India-US trade deal, helped offset the drag. The Nifty settled at 25,776 points, up 48.45 points or 0.19%, while the […]
A sharp rise in GIFT Nifty paved the way for a strong opening on Dalal Street on Tuesday after India and the US announced a long-awaited trade deal, allaying tariff concerns that had weighed on Indian markets for months. GIFT Nifty rose nearly 800 points before easing a bit, signaling a broad-based relief rally. The […]
Shares of export-reliant textile and shrimp companies witnessed renewed buying on Thursday, rising up to 8% on rising hopes of an India-US trade deal. On the sidelines of the World Economic Forum in Davos, US President Donald Trump told Moneycontrol that Washington will have a “good deal with India”, adding that he has great respect […]