HDFC Bank, RIL lift Sensex over 100 points higher, Nifty above 24,550
Indian benchmark equity indices Sensex and Nifty50 opened marginally higher on Thursday, led by index heavyweights HDFC Bank, RIL, and IT stocks, amid in-line US inflation data boosted expectations of a Federal Reserve rate cut in December. The BSE Sensex was trading 111 points, or 0.14%, higher at 77,801. The Nifty50 was up 32 points,…
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HUL shares: Maruti Suzuki, IndusInd Bank among 10 stocks that earned downgrades in last 1 month – Stock Downgrades
IRFC Share Price 149.55 09:48 AM | 5 Nov 2024 -3.69(-2.41%) Suzlon Energy Share Price 66.29 09:48 AM | 5 Nov 2024 -0.03(-0.05%) IREDA Share Price 203.85 09:48 AM | 5 Nov 2024 -1.54(-0.75%) Tata Motors Share Price 831.5 09:48 AM | 5 Nov 2024 7.4(0.9%) YES Bank Share Price 20.34 09:48 AM | 5…
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US election, Q2 earnings, Fed meet and 5 more factors to likely impact stock markets this week
The Indian equity market concluded Friday with a 0.5% weekly gain, led by gains in banking, financial, and metal stocks. As markets reopen on Monday, a mix of domestic and international events—including Q2 earnings reports, the US election, and global market dynamics—will likely shape market movements. On Friday, the Nifty 50 and BSE Sensex rose…
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Big movers on D-Street: What should investors do with Maruti Suzuki, Adani Ports and Cipla?
Rising for the second straight session, equity benchmark indices Sensex and Nifty closed higher on Tuesday, helped by fag-end buying in banking counters and a firm trend in global markets. Stocks that were in focus include names like Maruti Suzuki, which fell 4.16%, Cipla, which was down 1.6%, and Adani Ports, whose shares jumped nearly…
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Stocks to buy or sell today: SBI, Maruti among top 10 trading ideas for 22 October 2024
The Indian market is expected to trade higher on Tuesday tracking positive global cues. The Nifty future closed negative with losses of 0.77% at 24757 levels on Monday. On the options front, the maximum Call OI is placed at 25000 and then towards 25500 strikes while the maximum Put OI is placed at 24000 and…
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IPO Calendar: Hyundai India and 2 other issues set to light up primary market next week
The primary market will see its biggest offering till date from Hyundai Motor India next week as the automaker is planning to raise over Rs 27,000 crore through its IPO. Apart from this, two other SME IPOs from Lakshya Powertech and Freshara Agro will also open for subscription next week. Further, the Street will also…
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How Hyundai India IPO could keep listed rivals like Maruti on edge
The much-anticipated market debut of Hyundai Motor India is set to raise the stakes in the Indian auto industry, with competition expected to heat up, particularly in the passenger vehicle segment. The IPO is likely to push other listed auto players to innovate and elevate their product offerings. Maruti Suzuki, currently the market leader with…
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MNCs continue to encash lofty valuations at Indian-listed arms
Multinationals are rushing to exploit a runaway rally in the Indian stock markets, with more than a dozen firms paring holdings in their local businesses in the past year, while half a dozen others, including Hyundai and LG, are planning public listings. GE T&D India is the latest to join a growing list of global…
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No Monday Blues! GDP numbers propels Sensex, Nifty to fresh all-time highs
Benchmark Nifty50 opened at a fresh record high for the fourth consecutive session on Monday, driven by gains in IT and financial stocks. This follows data showing that the country’s economic growth outperformed major economies despite a slowdown.The BSE Sensex was up 240 points, or 0.30%, trading at 82,598, while the Nifty50 rose by 75…
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Waning demand set to hit breakneck rally in auto stocks
A sizzling rally in India’s auto shares is reversing as a build up of unsold vehicles and growing discounts by carmakers pressure profit margins. India’s NSE Nifty Auto Index is down 4.1% in August, more than double the decline in the Nifty 50 Index. Bellwether Maruti Suzuki India Ltd. has slid 6% so far in…
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