Stocks to buy today: ONGC, Tata Motors among top 5 trading ideas for 9 January 2025
Indian market consolidated in a range on Thursday tracking weak global cues. The BSE Sensex fell more than 200 points while the Nifty50 slipped below 23,650 in the first 15 minutes of trade. So far in January FIIs have sold equity for Rs 10,419 cr. βWith the dollar index at 109 and the 10-year bond…
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CLSA adds Tata Motors, NTPC, Nestle, and Britannia to India Focus Portfolio
Brokerage CLSA said Nifty’s absolute returns would be muted in 2025 as share valuations remain well above their long-term averages and their peers amid an uncertain and risky global environment. The firm said incoming US President Donald Trump’s policies on export-focused emerging markets like India and China, uncertainty around interest rate cuts, and a rising…
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Financial, IT stocks lift Sensex over 700 points higher, Nifty tops 23,950
Defying losses in Asian markets, Indian benchmark equity indices opened higher on Thursday, driven by gains in financial, auto, and IT stocks ahead of the quarterly earnings season starting next week. The BSE Sensex rose 699 points, or 0.86%, to 79,189, while the Nifty50 advanced 209.60 points, or 0.88%, to 23,952 as of 11:10 am….
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Sensex rises over 500 points, Nifty above 23,900; auto stocks lead
In line with Asian markets, Indian benchmark equity indices opened on a flat note on Friday amid a thin year-end trading, with broad-based gains observed across all the sectors. The 30-stock BSE Sensex surged by over 524 points, trading 0.67% higher at 78,947.57, while the Nifty rose by 161 points, or 0.68%, to stay above…
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Stocks to buy or sell today: Tata Motors, Gravita among top 9 trading ideas for 19 December 2024
The Indian market is likely to trade lower on Thursday, tracking weak global cues. India VIX, a gauge of market volatility, dipped marginally by 0.78% to 14.37, reflecting growing apprehension among traders. The derivatives market shows a bearish undertone, with aggressive call writing leading the session. The 24,500-strike call accumulated the highest open interest at…
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Minority investors show less dissent as cos hear them out
Mumbai : Companies are facing less dissent from shareholders these days. Shareholder resolutions with more than 20% dissent from institutional shareholders dropped to 16% in the recently concluded proxy season, down from 17% in the previous two fiscals, as per data from primeinfobase.com. In actual numbers, 1,581 out of 10,092 resolutions saw more than 20%…
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Tata Motors shares fall 2% as October sales remain flat YoY
Shares of Tata Motors today fell by 2.2% to an intraday low of Rs 825 on the BSE after the company reported a muted growth in its monthly auto sales on a yearly basis at 80,839 units. The company reported total sales of 82,682 units in October 2024, nearly unchanged from the 82,954 units sold…
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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 eventsβincluding Q2 earnings reports, the US election, and global market dynamicsβwill 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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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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