The NSE Nifty …
Read moreCan Nifty inch closer to 20000- See GIFT Nifty, FII data, crude, F&O ban, more before market opens
GIFT Nifty traded up 0.11% at 19,717, during Thursday’s early trading session, indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex. The benchmark domestic indices ended Wednesday’s trading session in positive territory. The NSE Nifty 50 gained 0.26% to settle at 19,716.45, while the BSE Sensex added over 170 points to 66,118.69.
“The impending rebound in select heavyweights like Reliance and ITC largely contributed to the recovery. We are eyeing 19,750 in Nifty as an immediate hurdle and its break may prompt further rebound else profit taking would resume. Amid all, the scheduled monthly expiry of derivative contracts would keep the volatility high so plan your trades accordingly,” said Ajit Mishra, SVP – Technical Researc…
Read moreShare Market Highlights- Nifty settles above 19800, Sensex over 66000; Bank Nifty sheds over 230 points
Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices ended Wednesday’s trading session in positive territory. The NSE Nifty 50 advanced 28.45 points or 0.14% to settle at 19,811.85, while the BSE Sensex gained 92.47 points or 0.14% to 66,023.24. Midcaps stocks led the gains among the broader indices while Smallcap stocks settled in the red. Bank Nifty index dropped 239.55 points or 0.55% to 43,449.60. IT, Pharma, Auto and FMCG stocks led the gains among the other sectoral indices while Banking, Metal, Media, and Realty stocks faced a downward trend. BPCL, Cipla, Bajaj Auto, Infosys and NTPC were the top gainers on the NSE Nifty 50, while the laggards included IndusInd Bank, Kotak Mahindra Bank, Adani Ports, Hindalco …
Read moreStock Market Highlight- Markets close lower! Nifty above 23,200, Sensex falls 260 points dragged by IT
Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices closed the trading session on a negative note on June 10. The BSE Sensex fell 266 points or 0.35% to finish the day’s trading at 76,427, while the NSE Nifty 50 closed 56 points or 0.24% lower at 23,234. Nifty Midcap 100 closed 35 points or 0.07% at 53,159. Bank Nifty closed in the red down 113 points or 0.23% at 49,690.
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15:30 (IST) 10 Jun 2024
Markets at close today
Tata Sons could be valued at Rs 7-8 trn in IPO
Tata Sons, the investment-holding arm of Tata group companies, could fetch valuation of Rs 7-8 trillion in an initial public offering (IPO), based on the current market capitalisation of group firms, according to a report.
The market value of Tata Sons’ listed investments is estimated at Rs 16 trillion. The group could derive another Rs 1-1.5 trillion of value from unlisted investments and step-down subsidiaries such as Tata Technologies, Tata Metalliks and Rallis, according to a report by investment banking firm Spark PWM.
Investors are likely to give a holding company a 30-60% discount when calculating the equity value, and Tata Sons’ value would be Rs 7.8 trillion, factoring a 60% discount, it said.
Multibagger returns: THIS stock has turned Rs 10,00…
Read moreTechnical analysis- Markets wear a festive look
VK Sharma
Markets continued to do well even after Diwali, with the Nifty 50, Midcap and Smallcap indices rising 1.06%, 2.02% and 2.69% respectively. Retail investors are happy that the mid- and small-cap indices have done better than the large caps. And what’s more, the markets have delivered a weekly gain for the third time on the trot.
I draw your attention to trendline 17, which is made by joining the all-time high mark of 20,222 made on September 15 and 19,849 recorded on October 17. The Nifty broke this trendline in the opening minutes of the short muhurat session, but closed the session lower than the trendline only to slip further in the next session. But markets bounced back on Wednesday with a vengeance and have since managed to hold t…
Read moreState Bank of India accepts $600 mn bids for 5-year dollar bonds
State Bank of India has accepted bids worth $600 million for its five-year U.S. dollar-denominated bond issue, the lender said in a notice to stock exchanges late on Wednesday.
The nation’s largest bank will pay a semi-annual coupon of 5.00%, the notice showed.
SBI received bids worth over $3.5 billion and the coupon is at a spread of 117 basis points over the five-year U.S. Treasury yield.
‘She is not authorised to…’: BJP issues statement after MP Kangana Ranaut’s remarks on farmers’ protest Ahead of polls, Maharashtra govt transfers Rs 3,000 in select accounts under ‘Ladki Bahin’ scheme Bank of Baroda ‘Monsoon Dhamaka’ FD Scheme: Attractive rates for 399 days, 333 days tenors – 50 bps extra for senior citizens ‘Cannot ask kille…
Read moreStocks To Watch- Dr. Reddy’s Lab, Pidilite Industries, JSW Energy, Dixon Technologies, Patel Engineering, M&M, L&T, Tata Power, Hero MotoCorp
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a lacklustre opening on Wednesday. Here’s a look at the key stocks to watch in trade.
Stocks in Focus: GIFT Nifty traded up by just 12.50 points or 0.06% at 22,406 indicating a lacklustre opening for domestic indices NSE Nifty 50 and BSE Sensex on Wednesday. Previously, on Tuesday, the NSE Nifty 50 ended down by 140.20 points or 0.62% to settle at 22,302.50 while the BSE plunged 383.69 points or 0.52% to 73,511.85.
“Despite positive global cues, the domestic market continued to consolidate. The domestic market is witnessing profit booking due to various factors, including a low turnout in the ongoing election and premium valuations,” said Vinod Nair, Head of Research…
Read moreStocks To Watch- Indus Tower, Som Distilleries, Sun Pharma, PNB Housing, IOC
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a subdued opening on Thursday. Here’s a look at the key stocks to watch in trade.
Stocks in Focus: GIFT Nifty traded flat as the index was up 4 points or 0.02% at 23,518.50 indicating a positive start for domestic indices NSE Nifty 50 and BSE Sensex on Thursday. Previously, on Wednesday, the NSE Nifty 50 lost 42 points or 0.18% to settle at 23,516, while the BSE Sensex gained 36 points or 0.05% to close at 77,338.
Stocks to watch on June 20, 2024
Indus Tower
Bharti Airtel on Wednesday bought around a 1% stake in Indus Towers, by acquiring around 26.95 million shares, thus raising its stake to 48.95% from 47.95% it hel…
Read moreStocks To Watch- Maharashtra Seamless, Mahindra & Mahindra, TCS, Phoenix Mills, Wipro, Dr. Reddy’s Lab, CAMS, Bharti Hexacom
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Friday. Here’s a look at the key stocks to watch in trade.
Stocks in Focus: GIFT Nifty traded up by 160 points or 0.71% at 22,715 indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Friday. Previously, on Wednesday, the NSE Nifty 50 ended up by 111.05 points or 0.49% to settle at 22,753.80, while the BSE gained 354.44 points or 0.47% to 75,083.15.
“Indian markets sustained their upward momentum, buoyed by a robust performance in the broader market, albeit slightly lagging behind its Asian and European counterparts. Investor attention remains fixated on the impending release of the FOMC minutes and US inflation data later …
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