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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SBI shares in focus after Q2 earnings beat estimates. Should you buy, sell, or hold?
India’s largest public sector lender State Bank of India (SBI) shares in focus today after the bank beat earnings estimates by a wide margin, reporting a profit of Rs 18,331 crore, up 28% year-on-year (YoY). An ET Now poll had estimated the profit to be around Rs 15,550 crore. Net interest income for the quarter…
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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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Sensex jumps over 150 points, Nifty tops 24,826; banks lead gains
Indian benchmark equity indices Sensex and Nifty50 opened marginally higher on Tuesday, amid weak global cues, driven by gains in index heavyweights ICICI Bank, Infosys, and Reliance Industries. The BSE Sensex rose 171 points, or 0.21%, to 81,323, while the Nifty50 gained 45 points, or 0.18%, trading at 24,826 at around 9:19 am. From the…
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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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Bank stocks, NBFCs rally up to 4% after RBI changes policy stance
Shares of rate-sensitive stocks – banks and NFBCs – rallied up to 4% on Wednesday morning after the Reserve Bank of India (RBI) changed its policy stance to ‘neutral’ from ‘withdrawal of accommodation’ earlier. Led by gains in financials, the Sensex also jumped 500 points. The change in stance is being seen as a step…
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SBI, IndusInd Bank among 7 stocks with more than 20 ‘buy’ calls – Bullish bets
Indian Railway Finance Corporation Share Price 155.52 11:31 AM | 9 Oct 2024 3.71(2.44%) Suzlon Energy Share Price 79.8 11:31 AM | 9 Oct 2024 6.16(8.37%) Indian Renewable Energy Development Agency Share Price 229.4 11:31 AM | 9 Oct 2024 5.02(2.24%) Tata Motors Share Price 944.9 11:31 AM | 9 Oct 2024 25.11(2.73%) YES Bank…
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HDFC Bank, Bharti Airtel among 9 largecap stocks that can rally up to 30%: Axis Securities – Safe Avenues
Indian Railway Finance Corporation Share Price 152.07 04:08 PM | 4 Oct 2024 0.47(0.32%) Suzlon Energy Share Price 74.67 04:08 PM | 4 Oct 2024 -1.08(-1.43%) Indian Renewable Energy Development Agency Share Price 221.66 04:08 PM | 4 Oct 2024 -1.66(-0.75%) Tata Motors Share Price 930.75 04:08 PM | 4 Oct 2024 5.05(0.55%) YES Bank…
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Investors lose nearly Rs 3 lakh crore as Sensex, Nifty sink; key factors behind Monday mayhem
Indian benchmark equity indices fell sharply on Monday, with the Sensex dropping over 800 points and the Nifty slipping below the 26,000 mark, amid mixed cues from regional markets. The decline was led by index heavyweights Reliance Industries, IT, and financial stocks. The market capitalisation of all listed companies on the BSE fell by Rs…
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Mt 26K in sight for Nifty bulls. Track these 5 factors this week
After gaining around 1.5% last week, Nifty is now approaching a significant milestone of 26,000 amid heavy buying by FIIs in the wake of an outsized rate cut of 50 basis points by the US Fed. The rally will depend on continued strength in banking and financial heavyweights, which have been leading the market’s upward…
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