Shares of Hindalco and National Aluminum Company (NALCO) fell 3% and 4% respectively on Tuesday. Citing weak growth prospects for the coming quarters, domestic brokerage firm InCred Equities downgraded both companies, leading to this decline. InCred assigned a target price of Rs 631 to Aditya Birla Group company Hindalco and projected a downside potential of […]
After a quiet week, Indian markets traded in the green on Friday as investors were cautiously optimistic for next week. CA Rudramurthy BV, MD, Vachana Investments shared his insights on Nifty, Bank Nifty and sector-specific opportunities, and urged traders to focus on capital protection in the current bandwidth-constrained environment.Nifty and Bank Nifty levels Rudramurthy identified […]
Vedanta shares on Thursday broke their four-day winning streak, down almost 2%, amid heavy trading volumes, even as the stock had risen sharply in recent sessions. The scrip had risen almost 12% in the last four trading days, reaching Rs 675.70 in the previous session before taking profits in today’s trading.The stock fell 1.69% on […]
The Nifty Metal Index fell sharply on Thursday as profit booking and rebalancing in global commodity markets triggered a correction after a strong rally, said Aditya Welekar, AVP, Axis Securities.According to Welekar, metal stocks had risen sharply in recent months, with valuations pricing in a near-perfect bull case scenario. “Any decline in underlying commodity prices […]
Shares of Vedanta Ltd fell 4.4% to an intraday low of Rs 595 on the BSE on Thursday, tracking a sharp sell-off in the metals sector. The stock came under pressure as weakness in global and domestic commodity prices weighed on sentiment, dragging metal counters lower during the session.By 1 p.m., futures contracts for major […]
Shares of National Aluminum Company Ltd (NALCO) rose as much as 7% to hit a new high of Rs 352, extending their rally for a fourth straight trading session. The latest move has sent the stock up 12% over the past four days. The increase comes after aluminum prices in global markets rose 2% to […]
Shares of NBCC (India) Ltd are expected to remain in focus on Friday, December 12, following the company’s announcement that it has been awarded two project management consultancy contracts with a combined value of around Rs 289.39 crore from NALCO and SAIL Bokaro.According to the company’s disclosure to the stock exchanges, this is the first […]
At home Opinions about news November 15, 2025 – Undervalued Giant: Why this PSU’s low price-to-earnings ratio and high ROE demand investors’ attention November 15, 2025 Image source: ShutterOK/www.istockphoto.com There is something fascinating about the way markets are treating PSU stock. They love them in good times, abandon them in uncertain times, and […]
The Indian market ended higher on Monday, with the Sensex and Nifty mirroring gains in Asian markets, amid optimism that Washington is nearing a solution to the prolonged US government shutdown. Investor sentiment was also boosted by stock-specific rallies following positive quarterly results.The S&P BSE Sensex climbed 0.38% to 83,535.35, up 319.07 points, while the […]
The Indian stock markets ended the week with a win of 1%, but remained below the most important 25,000 Mark, which made analysts to be called in to weigh underlying trends. Mayuresh Joshi in an interview with ET now emphasized domestic policy measures and global factors. “GST -rationalisatie is zeer positief – het zou moeten […]