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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NTPC, Tech Mahindra among 11 stocks to trade ex-dividend tomorrow. Last chance to buy
Shares of Tech Mahindra, Godrej Consumer Products, Balkrishna Industries and NTPC among various other companies are likely to remain in focus today as they had fixed October 31 as the record date for the purpose of the dividends declared by them. This means today is the last day to buy the shares of these companies…
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Suzlon Energy shares downgraded by Morgan Stanley, stock falls 2%
Global brokerage Morgan Stanley has downgraded Suzlon Energy shares from “overweight” to “equal weight.” Following this update, the shares of the wind energy solutions provider fell 2% to a day’s low of Rs 80.5. Despite the downgrade, Morgan Stanley has raised its price target for Suzlon to Rs 88 per share, up from Rs 73….
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Sensex rises above 85,300 for the first time, Nifty hits fresh peak; IT, bank stocks shine
Key equity indices Sensex and Nifty opened at fresh record highs for the sixth consecutive session on Thursday, driven by gains in IT and auto stocks, amid continued optimism over higher foreign inflows. The BSE Sensex was up 123 points, or 0.15%, at 85,290, while the Nifty50 rose 40 points, or 0.15%, to 26,043 around…
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Stocks in news: NTPC, IREDA, SpiceJet, Nazara Tech, GE T&D India, Power Grid
Domestic markets remained volatile for another session, ending flat in line with global trends ahead of the US Fed meeting. In today’s trading, shares of NTPC, IREDA, SpiceJet, Nazara Tech, GE T&D India, and Power Grid, among others, will be in focus due to various news developments. IREDA The Indian Renewable Energy Development Agency (IREDA)…
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Stocks to buy today: Cummins India, NTPC among top trading ideas for September 18, 2024
On the options front, the maximum Call open interest (OI) is at the 26,000 strike, followed by the 25,400 strike. Meanwhile, the maximum Put OI is at the 25,000 strike, followed by the 25,400 strike. Call writing is observed at the 26,000 and 25,500 strikes, while Put writing is seen at the 25,400 and 25,300…
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Suzlon Energy shares hit 5% upper circuit for 3rd consecutive day, reach new 52-week high; here’s why
Shares of Suzlon Energy hit a 5% upper circuit for the third consecutive session, reaching a fresh 52-week high of Rs 86 in Wednesday’s trade on BSE. The rally was driven by positive investor sentiment following Morgan Stanley’s overweight rating on the renewable energy company. The stock saw heavy trading volumes, with nearly 13.94 crore…
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Stocks to buy today: IOC, HPCL among top 8 trading ideas for September 2, 2024
The Indian market is expected to consolidate on Monday, influenced by mixed global cues. The Nifty futures closed positively with a gain of 0.53%, ending at 25,398 levels on Friday. India VIX decreased by 2.86%, falling from 13.79 to 13.39 levels. On the options front, the maximum Call open interest (OI) is positioned at the…
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sensex news: Sensex, Nifty off to a choppy start tracking global peers; all eyes on Powell speech
Domestic equity indices Sensex and Nifty opened flat on Friday, reflecting a pause in the global equities rally ahead of the Federal Reserve Chair Jerome Powell’s address later today, as markets await confirmation of U.S. rate cuts starting in September. The BSE Sensex was trading 42 points, or 0.05%, lower at 81,009. The Nifty50 was…
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132 smallcap stocks offer double-digit weekly returns in volatile Budget week
The Budget week has not sparked any significant excitement in the market as the government measures were both populist and prudent. The increase in short- and long-term capital gains taxes added to the volatility. During the week, as many as 132 smallcap stocks delivered double digit weekly returns with eight of them offering over 25%…
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