Metal stocks have staged a strong comeback over the past month, rising by up to 17%, while the sector has remained a top draw for investors, outperforming the Nifty by over 10%, driven by the ongoing slide in the dollar index (DXY). However, the real test of sustainability begins now, with flat 25% tariffs on…
READ MOREIf your income comes only from the stock markets then your tax liability will depend upon whether you are an investor or a trader. The income earned from intraday stock trading, futures & options (F&O), or any trading without delivery is treated as the business income and will be taxed at slab rates. The current…
READ MOREShares of Tata Group’s retail arm, Trent Ltd, fell by as much as 2.6% on Monday to Rs 4,868.25 on the BSE after brokerage Kotak Institutional Equities cut the stock’s target price to Rs 5,150 from Rs 5,550. The downgrade was driven by concerns over the company’s store expansion strategy and revenue throughput. Kotak Institutional…
READ MOREShares of JSW Steel climbed as much as 2.1% on Monday to a four-month high of Rs 1,032.5 on the BSE, after the company reported a 12% year-on-year (YoY) increase in consolidated crude steel production for February 2025. In a filing to the exchanges on Friday, JSW Steel said its consolidated crude steel production for…
READ MORENifty Prediction for Tomorrow – 15 January 2025NIFTY saw a mixed day as it closed up 0.4%. ADANI group stocks and Metals & Mining stocks led the charge. IT and Consumer Durables lagged, notably HCLTECH. HCLTECH slumped 8.5% on worries over sluggish large deal pipeline. A strong advance-decline ratio of 2.3 reflects broad-based gains as…
READ MORENifty Prediction for Today – 14 January 2025NIFTY tumbled today, dragged by worries over a pause in fed rate cuts and a strengthening dollar. All the indices were in the red, with Realty and Mid-Cap stocks being amongst the worst hit. Only a handful of stocks bucked the trend, with TCS, INDUSINDBK, HINDUNILVR and AXISBANK…
READ MORENifty Prediction for – 13 January 2025NIFTY closed in red for the third consecutive day. Weaknesses were widespread in Financial Services sector, Mid-caps and even NIFTY NEXT 50 stocks. IT bucked the trend and gained 3.6%, boosted by TCS (5.6%). Advance Decline Ratio continues to be weak at 0.4 and reflects a broad weakness.NIFTY is…
READ MORENifty Prediction for Tomorrow – 10 January 2025 NIFTY fell 0.7% and closed near the day’s low. Auto and FMCG performed well while Energy and Materials were weak. ONGC gave up some of its gains and ended up as the worst performer for the day. Despite the strong performances from BAJAJAUTO, NESTLEINDIA, HINDUNILVR and M&M,…
READ MOREIn today’s stock market, Sensex fell 1,400 points, Nifty dropped 1.8%, and Bank Nifty lost 1,200 points due to broad market selling. Stock Market Nifty Chart Prediction On January 6, the Sensex fell by 1,258.12 points to reach 77,964.99, while the Nifty dropped by 388.70 points to stand at 23,616.05. Out of the total shares,…
READ MORENIFTY Prediction The market took a break after a three-day rally, dropping more than half a percent. After a flat opening, the Nifty traded in a small range for most of the day and ended near its lowest point at 24,005. This pullback seems like a typical pause after a recent rise and might continue…
READ MORE