Benchmark indices Nifty and Sensex reversed early gains to trade sharply lower on Thursday after heavy selling in banking, metals, auto and FMCG stocks broke a three-day winning streak. The sharp fall wiped out Rs 2.73 lakh crore of investor wealth, reducing the total BSE market capitalization to around Rs 469 lakh crore.In today’s session, […]
India’s benchmark indices closed higher on Wednesday, marking their third straight session of gains. Strength in consumer, financial and metals stocks supported the upside, even as weakness in IT capped the upside. The Nifty rose 93.95 points, or 0.37%, to settle at 25,819.35, while the 30-share BSE Sensex climbed 283.29 points, or 0.34%, to 83,734.25.Meanwhile, […]
Indian stock markets closed cautiously and within a range on Tuesday after profit booking in banking, IT and healthcare stocks emerged as a major drag on the indices. Overall, analysts say the near-term outlook remains slightly positive, with a consolidating slant, with the uptrend capped unless a clear break above 26,000 occurs.STATE OF THE MARKETSGIFT […]
Indian stock markets traded cautiously positive on Monday with benchmark indices opening higher after the announcement of an interim framework for the India-US trade deal. Analysts say the market appears to be in a phase of gradual recovery and consolidation, with near-term direction likely to be determined by global macro developments, currency movements and the […]
FSN E-Commerce Ventures Limited: Net profit of Rs 67.74 cr vs Rs 26.41 cr, revenue of Rs 2872.26 cr vs Rs 2267.21 cr (YoY) (Positive) Bharti Hexacom Limited: Net profit of Rs 473.70 cr vs Rs 260.90 cr, revenue of Rs 2359.80 cr vs Rs 2250.70 cr (YoY) (positive) GNG Electronics Ltd: Net profit at […]
The Union Budget for FY27 struck a balancing act by keeping capital investment growth at 12% despite revenue pressures, with an increase in short-term borrowing being the only negative. The Nifty corrected 2% on Budget Day and analysts say they now see a limited downside (1-2%) compared to current levels.“However, a reversal of the recent […]
Indian stock markets closed mixed on Thursday after opening lower, supported by a pre-Budget rally and optimism around the India-European Union free trade deal. Analysts say markets are expected to remain within a range, with stock-specific action likely to dominate ahead of the Budget.STATE OF THE MARKETSGIFT Nifty (earlier SGX Nifty) signals a negative startGIFT […]
Indian stock markets closed higher on Wednesday on positive global cues and investor optimism surrounding the completion of the India-EU free trade deal. Looking ahead, analysts expect that the positive market momentum of the past two days could continue, supported by positive sentiments around the India-EU FTA and the upcoming Budget, while keeping an eye […]
Indian shares recovered on Thursday after falling more than 2% in the past three trading sessions. Analysts expect markets to follow global signals, macro indicators and continued quarterly earnings. Key companies announcing results on Friday include JSW Steel, Shriram Finance, BPCL, Godrej Consumer, Cipla, MCX and Piramal Finance.STATE OF THE MARKETSGIFT Nifty (earlier SGX Nifty) […]
Indian shares extended their losses for the third straight session on Wednesday. Stock-specific measures are expected around the quarterly results of IndiGo, DLF, Indian Bank and Coforge. Analysts expect the Nifty to trade sideways following ongoing gains and global cues after Trump’s Davos speech.STATE OF THE MARKETS GIFT Nifty (earlier SGX Nifty) marks a positive […]