Mutual funds have raised their holdings in BSE to 8.78 per cent in the quarter ended June from 8.52 per cent in the previous quarter.
Category: Cryptocurrency
Technical Call: Tanla Platforms – BUY
Long-term investors with a minimum time frame of two years can buy Tanla Platforms (₹980.10) at current levels. The downtrend in place since January 2022
F&O Strategy: Buy ITC Put Option
The short-term outlook for the stock of ITC (₹489.10) is flat to negative although the long-term outlook still remains positive. Only a close below ₹383 will
Stock Market Today: Weak global cues drag markets lower
Indian equities fell over 1 per cent on Friday on weak global cues, snapping a five-day winning streak and ending in the red after eight
Paytm bucks bearish trend, gains 6% on biz revival hopes
Shares of One 97 Communication (Paytm) gained 6 per cent to ₹527 in BSE on Friday when the bellwether tanked 886 points on the back
Stock Market Live Updates August 2, 2024: Stock to buy today: Berger Paints India (₹552.6)
https://play.google.com/store/apps/details?id=com.intelegain.rb Conference call Replay available in Various speeds ! Researchbytes Events Update As of 07:20 AM Friday 02 August 2024 Can set alert for them
Broker’s call: Zomato (Buy) – The Hindu BusinessLine
Target: ₹280 CMP: ₹234.10 We initiate coverage on Zomato with a BUY recommendation and a Target Price (TP) of Rs 280/share, implying an upside of
Stocks that will see action today: August 1, 2024
IT major Infosys said the Karnataka State GST authorities have issued a pre-show cause notice for payment of GST of ₹32,403 crore for the period
Broker’s call: Data Patterns (Sell)
Target: ₹3,035 CMP: ₹3,189.15 During the quarter Data Patterns (India) Ltd has reported a decent set of performance on the profitability front. Revenue during the
Stock Market Live Updates 31 July, 2024: Today’s stock recommendation: DLF
Sensex, Nifty, Share Prices LIVE:
Broker’s call: Bharat Electronics (Buy)
Target: ₹360 CMP: ₹318 Bharat Electronics (BEL) reported numbers above expectation, with revenue growing 19.6 per cent y-o-y to ₹4,200 crore and EBITDA margins expanding
Stock Market Live Updates July 30, 2024: Today’s stock recommendation: HFCL
tock Market Today | Share Market Live Updates – Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian
Ola Electric sets IPO price band at ₹72-76 per share
EV mobility startup Ola Electric Mobility has set a price band of ₹72-76 per share for its upcoming initial public offering (IPO), which opens on
Stock Market Live Updates July 29, 2024: Index Outlook: Nifty 50 & Sensex regain bullish momentum
Sensex, Nifty, Share Prices LIVE: Nifty Bank index has to breach its resistance to turn positive
SJVN Share Price Updates 26 July 2024: SJVN shares zoom on bagging project from Mizoram Govt
JVN Share Price Updates 26 July 2024: SJVN stock jumped over 8% in early trade on Friday after the company received a letter of intent
Sensex rebounds 1,293 points, Nifty ends at record high on value buying after 5 days of losses
The benchmark Sensex rebounded by 1,293 points, while the broader Nifty shot up nearly 2 per cent to a record high on Friday, cutting short
Broker’s call: Embassy REIT (Add)
Target: ₹415 CMP: ₹716.75 Embassy Office Parks REIT (Embassy REIT) clocked Q1-FY25 NOI of ₹770 crore (down marginally q-o-q) and NDCF of ₹530 crore with
Sanstar ends 21% higher on listing day
Shares of Sanstar debuted on postiive note on Friday after blockbuster IPO. As against the IPO price of ₹95, the stock was listed at ₹109
Broker’s call: Bikaji Foods (Add)
Target: ₹760 CMP: ₹716.75 Bikaji Foods International’s Q1-FY25 management commentary reassured us on the topline trajectory, but margin outlook for FY25 looks bland. The management
Stock Market Live Updates July 26, 2024: Stock to buy today: Hindustan Petroleum Corporation (₹374.40): BUY
Sensex, Nifty, Share Prices LIVE: The outlook for Hindustan Petroleum Corporation Ltd (HPCL) is bullish. The stock surged 5.8 per cent on Thursday and has
Broker’s call: L&T (Buy) – The Hindu BusinessLine
Target: ₹4,150 CMP: ₹3,623 Larsen Toubro’s Q1-FY25 results were 3 per cent ahead of our estimates on both revenue and PAT. The company reported 15/15/12
Cash-rich companies expected to prefer dividends after buyback tax removal
Budget 2024 proposal to scrap buyback tax for companies and in turn tax the payouts as ‘deemed dividends’ at the hands of recipients is set
Tata Consumer Products Share Price Updates 24 July 2024: Tata Consumer Products board approves ₹3,000 crore rights issue; shares decline 3%
Tata Consumer Products Share Price Updates for July 24, 2024: Tata Consumer Products stock declined about 3% in early trade on Wednesday. The company’s board
Market outlook: FMCG, IT, durables favoured; industrials, financials negative, says Emkay Global
Emkay Global has released a detailed market outlook following the Union Budget, emphasising fiscal prudence and maintaining policy continuity. The Finance Minister’s focus on capex
Sensex, Nifty settle marginally down in volatile trade on eventful Budget day
Benchmark Sensex and Nifty settled marginally lower in volatile trade on Tuesday as the government proposed to hike securities transaction tax on futures & options
Stock Market Live Updates: Stock to buy today: Ajanta Pharma (₹2,291.05)
The Economic Survey has recommended keeping sensitive commodities such as rice, wheat and most pulses outside the ambit of the futures market until the markets
Broker’s call: Fedfina (Outperform) – The Hindu BusinessLine
Target: ₹160 CMP: ₹124.50 Fedbank Financial Services’ (Fedfina) Q1-FY25 PAT of ₹70 crore grew by 30 per cent y-o-y and 3.8 per cent q-o-q. NIM
Stock that will see action today: 22 July 2024
Results calendar: Allied Blenders, Beeyu Overseas, Cigniti Tech, Coforge, Cochin Minerals, Cyient DLM, Dharani Sugars, Digi Content, Dodla Dairy, Fortis Malar, Fortune Intl, Greenlam Industries, IDBI
Mcap: 8 of top-10 most valued firms jumps ₹2.10 lakh crore; TCS, LIC sparkle
The combined market valuation of eight of the top-10 most valued firms jumped ₹2,10,330.26 crore in a holiday-shorted last week, with Tata Consultancy Services (TCS)
July Budget Days: Will indices break the trend this time and end in green?
Benchmark indices have surged to new highs ahead of the upcoming Union Budget. Will the Budget keep the market momentum going? A study of four
Technical Analysis: Gland Pharma, Tata Teleservices (Maharashtra) and Timken India
Gland Pharma (₹1,992.35) Likely breakout ahead The bear grip on the stock of Gland Pharma loosened in May last year after it touched ₹900. This
Bull or bear, which camp do you belong to?
Of late, there have been many voices predicting a big crash, given the unrelenting rise in stock prices, and lofty valuations. Some quote Harry Dent,
Broker’s call: Havells India Add
Centrum Broking Target: ₹1,875 CMP: ₹1,768.45 Havells India’s sales growth was healthy at 20 per cent y-o-y to ₹5,800 crore, 3 per cent above our
Stock Market Live Updates July 19, 2024: Stock to buy today: Hero MotoCorp (₹5,504.6)
Sensex, Nifty, Share Prices LIVE: Hero MotoCorp’s share price touched a lifetime high of ₹5,894.30 last month. However, the uptrend lost steam, leading to the
Asian Paints turns pale post Q1 results
Shares of Asian Paints slumped over 4 per cent in early trading on Thursday to ₹2,848.15 on the BSE, after the company reported about 25
Stock Market Live Updates 18 July 2024: Stock to buy today: Devyani International (₹174.5)
https://play.google.com/store/apps/details?id=com.intelegain.rb Recent Interview… As of 18:37 PM Tuesday 16 July 2024 Styrenix Performance Materials: Rahul Agrawal, MD Styrenix Stock Rally: Healthy Q1 Recorded, What’s The
Equity, currency, commodities markets closed for Muharram
Equity, currency, commodities markets closed for Muharram
57% of open-ended equity diversified funds outperformed have their benchmarks
57 per cent or 159 of the 281 open-ended equity diversified funds outperformed their respective benchmarks in June, according to PL Wealth Management, Prabhudas Lilladher’s
Broker’s call: Go Fashion (Buy)
Target: ₹1,350 CMP: ₹1,078.65 We visited multiple Go Colors (GO) stores across Mumbai to validate our thesis around the bottom-wear category and its TAM. Our
Stock Market Live Updates July 16, 2024: Stock to buy today: Bank of Maharashtra (₹68.75): BUY
Sensex, Nifty, Share Prices LIVE: The short-term outlook for Bank of Maharashtra is bullish. The stock has begun the week on a strong note by
HDFC AMC reports 27% jump in Q1 net profit
HDFC Asset Management Company has reported a 27 per cent jump in June quarter net profit to ₹604 crore against ₹477 crore logged in the
Stock Market Live Updates July 15, 2024: Stock to buy today: Wipro (₹560.05): BUY
tock Market Today | Share Market Live Updates – Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian
Mcap: 7 of top-10 most valued firms jump ₹1.72 lakh crore; TCS steals show
The combined market valuation of seven of the top-10 most valued firms jumped ₹1,72,225.62 crore last week, with IT bellwether Tata Consultancy Services (TCS) stealing
How NSE is preventing hard landing through collaterals
Whenever some restrictions are imposed by exchanges or regulators, market participants, especially day traders and retail investors, turn uncomfortable and raise questions on such moves.
Broker’s call: HealthCare Global (Add)
Target: ₹410 CMP: ₹360.25 HealthCare Global Enterprises (HCG) is a market leader in 90 per cent cities where it has established presence. The company is
Broker’s call: Jupiter Wagons (Buy)
Target: ₹824 CMP: ₹696 Jupiter Wagons is positioned for substantial growth between FY25E-FY28E, driven by increased wagon production and a strategic diversification plan implemented by
Quant MF appoints Kataria as CFO
Quant Mutual Fund, under SEBI lens in a front-running case, has appointed Shashi Kataria as Chief Financial Officer. He has taken charge from July 1,
Stock Market Live Updates: – The Hindu BusinessLine
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Sensex, Nifty edge lower on profit-taking ahead of key results
Benchmark Sensex and Nifty closed marginally down in a volatile session on Thursday as investors booked profits in heavyweights ahead of the announcement of key
Emcure Pharma, Bansal Wire end Day 1 of listing on strong note
Emcure Pharmaceuticals Ltd and Bansal Wire Industries on Wedneday made a fabulous listing with a premium of 31 per cent and 37 per cent, respectively.
Markets sink below record levels; Sensex tanks over 400 pts on widespread profit booking
Equity benchmark indices Sensex and Nifty buckled under heavy selling pressure to sink below record high levels on Wednesday, tracking deep losses in metal, auto
Stock Market Live Updates: Stock to buy today: National Aluminium Company (₹204)
Sensex, Nifty, Share Prices LIVE: The stock of National Aluminium Company has begun a fresh leg of uptrend this month. It took support at ₹186
Mcap of BSE-listed firms at record high of ₹451.27 lakh crore
The market capitalisation of BSE-listed firms on Tuesday hit a fresh lifetime high of ₹451.27 lakh crore on a day when the BSE Sensex reached
Edelweiss Financial launches ₹100-crore NCD issue
Edelweiss Financial Services has launched a ₹100-crore non-convertible debentures issue with a green shoe option of another ₹100 crore, cumulatively aggregating up to ₹200 crore.
Broker’s call: Muthoot Microfin (Buy)
Target: ₹300 CMP: ₹244.80 We believe Muthoot Microfin Ltd’s unique risk assessment model using Equifax, dedicated collections team, risk-based pricing, continued tech integration to lower
Equity markets to take cue from global trends this week: Analysts
Equity markets will take cues from global trends and trading activity of foreign investors, while in the latter part of the week the first quarter
Mcap: 8 of top-10 most-valued firms jumps ₹1.83 lakh cr; TCS, Infosys biggest gainers
Eight of the top-10 most valued firms together added ₹1,83,290.36 crore in market valuation last week, with IT majors Tata Consultancy Services (TCS) and Infosys
Indian equities attract nearly $1 billion FPI Inflows in early July 2024
Ahead of Modi 3.0 Government’s full budget on July 23, Foreign Portfolio Investors (FPI) continued to show strong buying interest in Indian equities with net
India at cusp of major economic transformation: Marcellus
Marcellus Investment Managers, one of the leading portfolio management service providers, believes smartphones, active pharmaceutical ingredients (APIs) and medical devices to drive the next phase
Nephro Care makes 100% gain at NSE-SME listing
Shares of Nephro Care India on Friday made strong listing by gaining 90 per cent at ₹171 against the IPO price of ₹90. The stock
Broker’s call: Indigo Paints (Buy)
Target: ₹1,594 CMP: ₹1,400.10 Indigo Paints Ltd (IPL) ranks as India’s fifth-largest decorative paint manufacturer by revenue in FY24. The Company specializes in a diverse
NSE to cap SME listing gains to 90% of issue price
The National Stock Exchange will apply a cap of 90 per cent to all small and medium enterprises (SME) stocks that list on its platform
SEBI mandates stock brokers to establish mechanism for prevention of fraud and market abuse
The Securities and Exchange Board of India (SEBI) on Thursday issued a circular requiring stock brokers to establish an institutional mechanism for prevention and detection of
Bull run: Sensex tops 80,000 intra-day, Nifty at new high
The benchmark Sensex topped the 80,000 level for the first time on Thursday mirroring global cues. The 30-share gauge hit an intraday high of 80,074
Franklin Templeton plans re-entry into fixed income market
Franklin Templeton Asset Management plans to re-enter the fixed income space after abruptly abruptly stopping six debt schemes with assets of ₹20,215 crore due to
Broker’s call: Coal India (Add)
Target: ₹495 CMP: ₹478.95 Coal India (CIL) posted stable June 2024 performance figures. Production was up 8.8 per cent y-o-y while despatches rose by a
Chronology of events in the Hindenburg-Adani case
· In March 2022, K India Opportunities Fund Class F was registered with SEBI as an FPI. It is a sub-fund of K India Opportunities Fund
SEBI asks MIIs to halt slab-wise charges
SEBI on Monday directed market infrastructure institutions (MIIs) to stop levying slab-wise fee structures on members, a move that could especially impact the topline of
Broker’s call: Inox Wind (Buy)
Target: ₹185 CMP: ₹143.80 We initiate coverage of Inox Wind Ltd (IWL) with a Buy recommendation and a target price of ₹185. Inox Wind is
Brokerages favour telecom stocks: Jio’s tariff hike signals market shift
Brokerages have provided positive insights on the telecom sector following recent tariff hikes by Reliance Jio. CLSA notes the increase of 13-25 per cent in
Reliance Industries Share Price Highlights 28 June 2024: RIL hits ₹21-lakh cr mcap, gains over 2% on bullish analyst outlook
eliance Industries share price, Reliance Industries stock price updates: Find all the updates related to Reliance Industries share prices and major developments here. ALL UPDATES
Nomura’s top cement stock picks: Shree Cement, Ultratech, Ramco Cements, and Nuvoco
Nomura identifies aggressive expansion targets and stronger balance sheets of major cement players as key drivers for sector consolidation. The current market conditions, reminiscent of
Stanley Lifestyles makes strong stock market debut, but falls short of expectations
Stanley Lifestyles, a prominent luxury furniture brand in India, has made a significant debut on the stock exchanges, listing at ₹494.95 per share. This marks
Stanley Lifestyles makes warm listing
Shares of Stanley Lifestyles on Friday made a decent debut at the bourses by gaining 35 per cent over IPO price. Against the IPO price of
Broker’s call: Eureka Forbes (Buy)
Target: ₹610 CMP: ₹483.30 Eureka Forbes (EUREKAFO), in its first analyst meet post the demerger, articulated its long-term growth strategy. It expects growth to hinge
Divine Power IPO subscribed 369x at NSE-Emerge
The IPO of Divine Power Energy (DPEL), a manufacturer of insulated wires and strips, was subscribed a whopping 369 times at NSE Emerge platform. The
PVR Inox launches four-screen cinema in Hyderabad
PVR Inox has announced the launch of its four-screen cinema in Hyderabad with 4K laser projection in all auditoriums. Located at Prism Mall, the newly-owned
HAL board approves dividend of ₹13 per equity share for FY24
The board of Hindustan Aeronautics (HAL) on Wednesday recommended an increase in authorised share capital of the company from ₹600 crore to ₹700 crore. The
Stock market update: Top gainers / losers today; Reliance Industries, Bharti Airtel, Ultratech Cement, Grasim among top gainers
BSE Sensex climbed 620.73 pts or 0.80 per cent to close at 78,674.25 on Wednesday, and Nifty 50 was up 147.50 pts or 0.62 per cent
Stanley Lifestyles IPO subscribed 97 times
The initial public offering of the Bengaluru-based Stanley Lifestyles was subscribed 96.98 times, thanks mainly to qualified institutional buyers and non-institutional investors (HNIs). The ₹537-crore IPO
Stock market update: Sensex ends at 78,000 level, Nifty at 23,700; Shriram Finance, Axis Bank, ICICI, HDFC among top gainers
BSE Sensex advanced by 712.44 points, or 0.92 per cent, to close at 78,053.52 on Tuesday, while NSE Nifty50 ended at 23,721.30, higher by 183.45
Broker’s call: Ujjivan SFB (Add)
Target: ₹57 CMP: ₹45.85 Ujjivan Small Finance Bank hosted an analyst meet recently to showcase its asset verticals, liabilities and technology functions. With Mr Sanjeev
Stock market: Top gainers, losers today
Benchmark indices closed in the positive territory on Monday. BSE Sensex rose by 131.18 pts, or 0.17 per cent, to close at 77,341.08, and Nifty
Unitech promoters cleared by SEBI in UBS fund transfer probe
The Securities and Exchange Board of India (SEBI) on Friday disposed of its investigation against Unitech’s erstwhile promoters, Sanjay Chandra and Ajay Chandra, in a matter
FPIs pump ₹12,170 crore into Indian equities until June 21, reversing two-month selling trend
Reflecting optimism over the Modi 3.0 Government’s policy continuity, Foreign Portfolio Investors (FPIs) doubled down on their investments in Indian equities last week, becoming net
Open to probe, regulations will help doing business: Axis My India chief on alleged stock market manipulation through exit polls
Facing opposition fire, for exit polls allegedly being used for stock market manipulation, Axis My India’s chief, Pradeep Gupta, has said, he is open to
Small, mid-cap stock prices are running ahead of earnings
Small and mid-cap stocks are turning red-hot with the Narendra Modi-led NDA government forming government for the third consecutive terms. While the run-up in small-cap
Pre-IPO lock-in periods ending for 46 firms, freeing up shares worth $12 billion
The pre-listing shareholder lock-in periods of 46 companies will be lifted between June 24 and September 30, potentially freeing up shares worth nearly $12 billion
NSE Nifty, Top Gainers & Losers Today 21 June 2024
NSE Nifty was down by 0.28 per cent or 65 points to 23,609, while the BSE Sensex was at 77,209 down by 0.35 per cent
SEBI bans JM Financial from managing debt securities till FY25
The market regulator, in a confirmatory order on Thursday, barred JM Financial from acting as a lead manager in any public issue of debt securities
Stock market today: Sensex, Nifty scale fresh record high levels
Benchmark equity indices Sensex and Nifty soared to new lifetime highs on Thursday, fuelled by robust buying in market heavyweights Reliance, ICICI Bank and HDFC
Marquee funds trim NSE holdings due to lack of IPO visibility, limited fund life cycle, leading to share sales
A clutch of marquee funds have trimmed their holdings on the National Stock Exchange (NSE) in 2023-24, given the lack of IPO visibility and the
Brokers call: Paytm (Reduce) – The Hindu BusinessLine
Target: ₹300 CMP: ₹410.40 As part of its strategy of focusing on the dwindling core business viz. Payments and Financial Services post RBI action, One97
BSE, NSE to remain closed today on account of Bakri Id
India’s currency, debt and equity markets will be closed on Monday, June 17, for a holiday. Trading will resume on Tuesday, June 18. Indian shares
SEBI issues warning to JM Financial over NCD issuances
JM Financial Ltd (JMFL) on Saturday said it had received an administrative warning letter from SEBI. This warning pertains to the company’s role as a
Indian equity markets see FPIs’ buying interest, trim net outflows
Foreign Portfolio Investors (FPIs) halted their equity selling spree, becoming net buyers in the cash market this past week as equity markets stabilized post-poll volatility
Hyundai likely to file draft red herring prospectus with SEBI anytime now
Auto behemoth Hyundai Motor India Limited’s (HMIL) moved a step closer to an initial public offering (IPO) in the Indian market, with the company set
Broker’s call: Zomato (Buy) – The Hindu BusinessLine
Target: ₹214 CMP: ₹186.20 Zomato operates under 4 broad segments viz Food delivery, B2B supplies, Quick commerce and others (Dining out, Zomato live etc). Under
Sensex, Nifty to see flat opening with downward bias
Indian benchmark indices, Sensex and Nifty, are expected to open flattish to negative on Friday. After a couple of days of gains, analysts expect profit
Sobha hits all-time high on rights issue plans
Shares of real estate developer Sobha Ltd jumped nearly 8 per cent in trade on Thursday, after the company’s board approved a proposal to raise
Stock that will see action today: 13 June 2024
360 One WAM, formerly IIFL Wealth Management, has agreed to acquire mutual fund investment app ET Money for about Rs 365.82 crore. While Rs 85.83 crore
Broker’s call: Gail India (Sell)
Target: ₹170 CMP: ₹216.95 In next 3-4 years, we expect India’s gas consumption to rise from 191mmscmd in FY24 to 218mmscmd. While GAIL’s transmission would
Stock Market Live Updates 12 June 2024: Asian stocks open lower following mixed performance in US markets
Sensex, Nifty, Share Prices LIVE: Asian stocks started lower on Wednesday, with the Nikkei 225 down 0.51% and the Topix index slipping 0.59%. However, South
Broker’s call: SBI (Buy) – The Hindu BusinessLine
Target: ₹1,050 CMP: ₹835.25 State Bank of India has delivered a strong all-round performance for the past few years and has achieved new milestones in
Stock Market Live Updates 11 June 2024: Asian markets steady ahead of Fed decision and US inflation data
Asian stocks were largely unchanged in early trading, reflecting a subdued session on Wall Street as investors prepared for this week’s Federal Reserve decision and
Kronox Lab ends 18% higher on Day 1 of listing
Shares of Kronox Lab Sciences on Monday ended with a premium of 18 per cent at ₹159.35 against the issue price of ₹136 on the
Stock Market Live Updates 10 June 2024: US Fed rate, domestic inflation to drive stock markets this week
Home Markets Updated – June 10, 2024 at 06:42 AM. Sensex, Nifty, Share Prices LIVE: The market’s movement this week will be driven by the
Indices hit new highs on GDP revision, political stability
The bulls were firmly in control on Friday as higher GDP growth forecast, dovish commentary from RBI and hopes of political stability at the Centre
Election Results Turbulence: FPIs dump ₹17,794 crore in equities in June
Foreign Portfolio Investors (FPIs) continued to be net sellers of Indian equities in the first week of June, despite a market rebound from the 5.9
APL Apollo Tubes’ promoter entity pares 1% stake for ₹485 crore
APL Infrastructure, promoter entity of APL Apollo Tubes, on Friday, pared a little over 1 per cent stake in the company, for ₹485 crore, through
CMS Info turns ‘cash chips’ as stock doubles from IPO price
Shares of CMS Info Systems have been on the rise on on Friday hit an all-time high of ₹474.20 on the BSE, as analysts remained
Stock market today: Sensex hits all-time high, as RBI raises GDP growth projection
Benchmark Sensex soared by more than 1,720 points, or over 2 per cent, to hit life-time intra-day record highs on Friday, after the Reserve Bank
Stock Market Live Updates 7 June 2024: Asian stocks mixed amid investor caution ahead of US jobs data
Dalal Street investors became richer by Rs 21 lakh crore in two days of a sharp rally in the stock market, where the BSE benchmark
‘Getting back demand in affordable segment is crucial’ – Sundaram Mutual, CEO
The sudden gyration in the equity market post the General election results may have shaken the investors’ confidence a bit and raised doubt on future
Stock Market Live Updates 06 June 2024: Stock to buy today: United Spirits (₹1,299.55) – BUY
tock Market Today | Share Market Live Updates – Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian
Broker’s call: Aditya Birla Capital (Buy)
Target: ₹270 CMP: ₹215.45 In Jul’22, as Vishakha Mulye took charge as MD & CEO, AB Capital Limited (ABCL) reimagined its business model. ABCL has
Stock Market Live Updates 05 June 2024: Stock to sell today: Kajaria Ceramics (₹1,149.65) – SELL
Sensex, Nifty, Share Prices LIVE: The outlook for Kajaria Ceramics is bearish. The stock has been falling consistently over the last one week. On Tuesday
All Adani Group stocks fall as vote counting trends showed BJP falling short of clear majority in Lok Sabha Elections
All Adani Group companies’ stocks tumbled on Tuesday, with many firms hitting their lower circuit limit, as counting trends showed the ruling BJP may fall
Stock Market Live Updates June 4, 2024: Stock to buy today: Havells India (₹1,879.65)
Sensex, Nifty, Share Prices LIVE: The stock of Havells India began its latest leg of rally towards the end of January, after finding support at
Stock market today: Nifty and Sensex surge 3%, led by optimism and PSU rally
BSE Sensex was up by 3.39 per cent or 2,507.47 points to 76,468.78, while the NSE Nifty was at 23,244.95 up by 3.17 per cent
Stock Market Live Updates: 3 June 2024
Sensex, Nifty, Share Prices LIVE:
Mcap: 8 of 10 most valued firms erodes by ₹2.08 lakh crore; Reliance, TCS biggest laggards
The combined market valuation of eight of the top-10 most valued firms declined by ₹2,08,207.93 crore last week, with bellwether Reliance Industries, TCS and Infosys
FPIs sell ₹25,586 crore in Indian equities ahead of June 4 election results
Ahead of the June 4 general election results, Foreign Portfolio Investors (FPIs) have aggressively sold ₹25,586 crore in Indian equities in May 2024, data with
Kotak Alternate Asset Managers sees Nifty50 at 24,600 a year from now, flags the current froth in midcap and smallcap space
Kotak Alternate Asset Managers sees Nifty50 scaling up to 24,600 a year from now, its Chief Investment Strategist, Jitendra Gohil has said. Also read:Nifty50 likely
Smaller ticks will have a big impact
The National Stock Exchange, last week, took an important decision for the first time since its inception in 1994 with respect to tick sizes. The
Stock market today: Sensex snaps five-day losing streak on value buying, closes up 75 pts
Stock markets snapped their five-day losing run on Friday with the benchmark BSE Sensex closing higher by 75 points on value-buying in banking and oil
SEBI launches calculator for settlement proceedings
SEBI has launched the beta version of its settlement calculator to simplify and provide greater transparency in arriving at the indicative settlement amount as laid
Mahindra Logistics partners with Seino Holdings, shares up
Mahindra Logistics Ltd’s shares were up by 1.91 per cent after Seino Holdings Co. Ltd., a Japanese logistics firm, announced its entry into the Indian
Mahindra Manulife MF launches manufacturing fund
Mahindra Manulife Mutual Fund has launched an open-ended equity mutual fund scheme — Mahindra Manulife Manufacturing Fund. The scheme is aimed at investing predominantly in
Broker’s call: Electronics Mart (Buy)
Target: ₹240 CMP: ₹201.15 Electronics Mart (EMIL) had a descent Q4 in the backdrop of good summer season. The company achieved a 15 per cent
Broker’s call: Star Cement (Buy)
Target: ₹262 CMP: ₹216.25 Star Cement has reported a mixed set of numbers, EBITDA and blended realisation in line with our estimate, while revenue and
Broker’s call: Affle India (Buy)
Target: ₹1,535 CMP: ₹1,188.95 Affle’s (India) Q4FY24 revenue stood at ₹506.20 crore up, 1.5 per cent q-o-q/42.3 per cent y-o-y, beating our estimates of ₹499.8
Stocks that will see action today: May 28, 2024
According to market buzz that Foreign parent Timken Singapore of Timken India will sell up to 6.6 per cent equity in a block deal for
Broker’s call: Yatharth Hospitals (Buy)
Target: ₹525 CMP: ₹409.35 In Q4FY24, Yatharth Hospital & Trauma Care Services Ltd exhibited strong financial performance across key indicators. The hospital reported a significant
Purchased more paddy and farmers paid quickly: Telangana Civil Supplies Minister
Telangana Civil Supplies and Irrigation Minister Capt N Uttam Kumar Reddy on Sunday emphasised the efficiency and transparency of the current Congress government’s grain purchasing
SEBI cuts commodity delivery period in derivatives to three
In a bid to improve liquidity in delivery-based commodity derivatives, market regulator SEBI has reduced the deliverable period to three days from five days. Also
Adani Enterprises stock price: Breaches pre-Hindenburg levels
Adani Enterprises’ shares have reclaimed the levels seen in January last year, prior to the damaging allegations levelled by short-seller hedge fund Hindenburg Research against
Trading in equity cash segment slows down on high valuation, poll uncertainty
Trading in cash equity segment of NSE and BSE have slowed down in the last two months, even as the markets are hitting a new
Indus Towers: What Should Investors Do After 120 per cent Returns From our Buy Recommendation
The biggest winner from the successful Vodafone Idea FPO that was successfully concluded last month was not Vodafone Idea, it was rather Indus Towers which
Stock Market Today: Sensex, Nifty close lower after scaling record peaks intra-day on profit booking
Equity benchmark indices Sensex and Nifty closed marginally lower on Friday as investors booked profit in FMCG, IT and healthcare stocks after the BSE Sensex
Uno Minda stock price: Surges 10% on Q4 show, fundraising plans
Shares of Uno Minda Ltd surged over 10 per cent on Thursday after reporting strong financial performance for Q4-FY24 and fundraising plans. Also read: Uno
Stock market today: Sensex, Nifty hit all-time peaks after RBI’s highest-ever dividend announcement
Benchmark stock indices Sensex and Nifty rallied more than 1.6 per cent to close at lifetime high levels on Thursday following buying in banking, oil
SEBI panel proposes changes to BRSR framework
A SEBI committee has suggested changes to the BRSR, or Business Responsibility and Sustainability Reporting, framework. ESG disclosures for the value chain will be applicable to the
JK Tyre share price: Climbs 5% on the back of positive q4 results
Shares of JK Tyre & Industries on Wednesday ended nearly 5 per cent higher after the company’s consolidated net profit increased 54 per cent for
In a first, BSE M-cap tops $5 trillion; high valuation a worry
The market capitalisation of companies listed on BSE crossed $5 trillion for the first time on Tuesday, turning the spotlight on valuations. The number of
Broker’s call: Mankind Pharma (Add)
Target: ₹2,360 CMP: ₹2,092.90 Mankind Pharma reported 42 per cent y-o-y EBITDA growth, led by 19 per cent sales growth (India formulation up 11 per
PGIM India Asset Management aims to double AUM to ₹50,000 core in 2-3 yrs
PGIM India Asset Management aims to more than double its assets under management to ₹50,000 crore within the next 2-3 years, driven by efforts to
SIP inflows drop by 5% in April amid market uncertainty and election concerns
The net SIP inflow into mutual funds fell by 5 per cent to ₹8,660 crore in April against ₹9,109 crore in March largely due to
SEBI revamps market cap computation basis for LODR compliance
Market regulator SEBI has modified the basis for the computation of market capitalisation of listed companies under its LODR regulations. As against an earlier practice
Mcap: 8 of top 10 most valued firms climb ₹1.47 lakh crore; LIC, Reliance major gainers
Eight of the top-10 most valued firms added ₹1,47,935.19 crore in market valuation last week, with Life Insurance Corporation of India (LIC) and Reliance Industries
Equity indices extend rally in special trading session, Sensex ends at 74,005
Equity benchmark indices closed the special trading session on a firm note on Saturday, extending their rally to the third day running amid fresh foreign
Index Outlook: Sensex, Nifty 50, Nifty Bank: Can Rise Within the Range
The Indian benchmark indices witnessed a strong bounce last week. Sensex, Nifty 50 and the Nifty Bank index broke their supports initially, but did not
Go Digit IPO subscribed 9.6 times
The ₹2,615-crore IPO of Go Digit General Insurance was subscribed fully on the last day of issue closing on Friday. The issue was subscribed 9.60
Veerhealth Care secured export order from US supplier; shares trade weak
Veerhealth Care Limited secured an export order worth $197,793 (approximately ₹165 Lakhs) from an institutional supplier in the United States. This order follows a preliminary
India’s PC market grows 2.6% in Q1 of 2024, 3.07 million units shipped: Report
India’s traditional PC market, including desktops, notebooks, and workstations shipped 3.07 million units in Q1 of FY24, registering a year-over-year (y-o-y) growth of 2.6 per
Stock market: Top gainers/ losers
Mahindra & Mahindra, Tata Consumers, Bharti Airtel, LTI Mindtree and Tech Mahindra were top gainers on the NSE, while Maruti, SBI, Tata Motors, Power Grid
Broker’s call: BEML (Accumulate) – The Hindu BusinessLine
Target: ₹4,004 CMP: ₹3,777.05 We revise our FY25 EPS estimate down by 2.6 per cent factoring in execution of a lower than expected order book
Zomato recovers 2% as bullish brokerages hike the target price
Shares of Zomato rose over 2 per cent on the NSE on Wednesday after it tanked two days post the company’s Q4 financial results, although analysts gave
Allied Blenders, Vraj Iron get SEBI’s go ahead for IPO
Mumbai-based Allied Blenders and Distillers and Chhattisgarh-based Vraj Iron and Steel have received green signal from the Securities and Exchange Board of India (SEBI) to
Broker’s call: HPCL/BPCL (Buy) – The Hindu BusinessLine
Target: ₹580/₹687 CMP: ₹494/605.70 HPCL: Sharply turning around its fortunes, Hindustan Petroleum’s FY24 EBIDTA/PAT was ₹24,800 crore/₹14,600 crore (from FY23’s ₹7,500 crore/₹8,900 croreloss). Q4 profit
Stock market live updates 14 May 2024
Sensex, Nifty, Share Prices LIVE:
Broker’s call: Asian Paints (Sell)
Target: ₹2,570 CMP: ₹2,878.90 Asian Paints’ net sales declined 0.6 per cent y-o-y (5 per cent growth estimated) in Q4, as the domestic decorative coatings
Inflation data, Q4 earnings, global trends to drive stock markets this week: Analysts
Stock markets will be driven by domestic inflation data, ongoing quarterly earnings from corporates and global trends this week, analysts said. News flows around the
Mcap of six of top-10 most valued firms declines by ₹1.73 lakh crore; HDFC, LIC major laggards
The combined market valuation of six of the top-10 most valued firms eroded by ₹1,73,097.59 crore last week, with HDFC Bank and Life Insurance Corporation
BSE to take steps to mitigate options volatility
The BSE is taking steps to mitigate sudden spikes in options prices. The bourse had seen sudden spurts in two of its derivatives indices on
SEBI bans SME firm from capital market for misusing IPO proceeds
Capital markets regulator SEBI has passed an interim order against Varanium Cloud, a company listed on NSE’s SME platform, banning the company and its managing
Why This Asset and Wealth Management Company is Investment Worthy
Buoyant markets tend to work favourably for those players that are part of the ecosystem. Brokerages, asset and wealth management companies and even private equity/investment
Netweb Technologies launches new manufacturing facility in Faridabad; stock ends weak
Netweb Technologies India Limited inaugurated its flagship computing server, storage, and switch manufacturing facility in Faridabad. The new facility commenced its commercial production and is
Indices crack on FPI selling, election uncertainty
The benchmark indices witnessed a sharp selloff on Thursday amid selling by overseas investors and nervousness around the outcome of the Lok Sabha elections. The
Sensex, Nifty tank on heavy foreign fund outflows
Benchmark equity indices Sensex and Nifty tumbled about 1.5 per cent on Thursday amid heavy foreign fund outflows and selling in HDFC Bank, Larsen &
BSE to roll out single stock futures from July 1
BSE will launch single stock futures from July 1, the bourse said on Wednesday. This will be a fortnightly product and will be free of
Sensex ends marginally lower, Nifty holds steady
Benchmark Sensex declined over 45 points in highly volatile trade on Wednesday, tracking weak Asian markets and continuous foreign fund outflows. Declining for the second
RBI eases FEMA regulations to facilitate foreign investment in derivatives
Foreign investors will find it easy to invest in derivative investment as the Reserve Bank of India has amended the FEMA (Foreign Exchange Management Act)
Marico shares surge 10% on Q4 results; brokerages turn upbeat
Shares of Marico Ltd zoomed 10 per cent on Tuesday after the company reported a 4.9 per cent rise in consolidated net profit in quarter that ended March 2024. A few
Options writers make huge losses on freak spikes in indices
Options writers were caught off guard by freak movements in the underlying indices last month, resulting in losses running into hundreds of crores for large
Broker’s call: Titan Co (Outperformer)
Target: ₹4,030 CMP: ₹3,281.65 Titan’s jewellery margin missed our estimate. While the FY25 target of 20 per cent jewellery revenue growth and 12-13 per cent
Green financing: India auctioned ₹20,000 crore worth sovereign green bonds in FY24
The government auctioned sovereign green bonds worth ₹20,000 crore in FY24, compared to ₹16,000 crore in FY23 to mobilise resources for green infrastructure projects, particularly
Aadhar Housing Finance, Indegene, TBO Tek set to drive primary market with ₹6,400 crore IPO blitz this week
The primary market is gearing up for significant activity this week, with three companies — Blackstone-backed Aadhar Housing Finance, healthcare tech firm Indegene and travel
Technical Analysis: Trident, Goodluck India and Hindustan Motors
I have shares of Trident brought at ₹6.40. What is the long-term prediction for this stock? Can I continue to hold it? Arun Kumar, Coimbatore
Aptus Value Housing posts 21% rise in Q4 consolidated PAT
Aptus Value Housing Finance Ltd has reported a 21 per cent increase in consolidated profit after tax at ₹164 crore for the quarter ended March 31,
Indices slide on selling in heavyweights
Selling by overseas investors in index heavyweights dragged down benchmark indices after a gap-up opening on Friday, capping a volatile week that saw the US
Sensex sheds 733 pts, Nifty settles below 22,300 on profit taking
Indian shares dropped on Friday, as profit booking emerged after the Nifty 50 scaled a record high, trimming weekly gains for the blue-chip indexes. The
US Fed talk on interest rates may keep a lid on FPI flows
The US Federal Reserve’s interest rate googly may be a bit of a dampener for foreign portfolio flows into India in the near term. The
HCLTech and Cisco launch pervasive wireless mobility-as-a-service
HCLTech and Cisco have announced the launch of ‘pervasive wireless mobility-as-a-service.’ “Leveraging HCLTech’s expertise in communication technologies and practices to implement and integrate Cisco’s URWB
Airtel Xstream Play partners with Sun NXT
Bharti Airtel has announced that its OTT aggregator service provider Airtel Xstream Play has partnered with Sun NXT, a video streaming platform owned and operated
Blackstone-backed Aadhar Housing Finance’s Rs 3,000-cr IPO to open on May 8
Aadhar Housing Finance Ltd, which is backed by private equity major Blackstone, is set to launch its ₹3,000-crore initial public offering (IPO) on May 8.
Veranda Learning announces allotment of equity shares at ₹307 per share
The Chennai-based Veranda Learning Solutions, an enterprise offering end-to-end solutions in the education space, has allotted 20 lakh equity shares to the company’s promoters at
Markets wipe out early gains on fag-end sell-off; Nifty slips from record
Equity benchmark indices Sensex and Nifty ended lower on Tuesday as a fag-end sell-off wiped out early gains, with IT and power stocks playing spoilsport
Broker’s call: L&T Technologies (Overweight)
Target: ₹5,600 CMP: ₹4,714.85 L&T Technology Services (LTTS) is the second ER&D company after PSYS to do a growth margin tradeoff in order to drive
Markets rebound sharply on buying in bank stocks, firm global trends
Benchmark BSE Sensex rebounded sharply by 941 points while NSE Nifty closed above the 22,600 level on Monday on the back of buying in banking
FPIs selling in equities continue unabated in April, withdrawing ₹6,300 crore till April 26
Foreign Portfolio Investors (FPIs) remained bearish on Indian equities going by the net outflows of ₹6,300 crore so far this month (till April 26) amid
MFs close in gap with bank deposit on back of strong growth, new investor addition
Thanks to uninterrupted bull run and renewed interest in equity investment, the quantum of assets under management of the mutual fund industry accounts for 26
ATC Telecom Infrastructure exits Vodafone Idea; sells entire stake for ₹1,840 crore
ATC Telecom Infrastructure on Friday sold its entire 2.87 per cent stake in telecom operator Vodafone Idea for ₹1,840 crore through an open market transaction.
NDTV earning jumps 59%, digital traffic up 39%
News broadcaster NDTV Ltd on Friday reported a 59 per cent jump in March quarter revenue as it expanded digital footprint, gaining a 39 per
SEBI penalises BSE for inadequate fee payment on options contracts
Capital markets regulator Securities and Exchange Board of India (SEBI) has pointed out discrepancies in fees paid by BSE to the regulator on derivatives contracts.
Sensex, Nifty rally for 6th day running on firm Asian peers; Tech Mahindra jumps over 12%
Equity benchmark indices climbed in early trade on Friday, extending their rally for the sixth day running, on heavy buying in Tech Mahindra and firm
NSE cuts Nifty lot size to 25 from Friday
The revised derivative market lot of Nifty 50 will take effect from Friday. Earlier this month, the National Stock Exchange (NSE) announced a revision in
Markets extend gains for 5th session; Sensex revisits 74k
Rising for the fifth straight session, equity benchmark Sensex rallied nearly 500 points to reclaim the 74,000 mark while the Nifty closed above the 22,550
Broker’s call: Cyient DLM (Buy)
Target: ₹887 CMP: ₹721.20 Cyient DLM Limited (CDLM) Q4-FY24 quarterly numbers were broadly in line with JMFe. Rev at ₹360 croreup 30 per cent y-o-y
Holding companies return outpace returns of Nifty, Sensex: Way2Wealth report
Holding companies index outperformed the benchmark index over a longer investment horizon, according to a report by brokerage firm Way2Wealth. Returns of the eight holding