Nomura pointed out that India is strategically positioned to capitalise on these changes, especially as the US looks to adjust its approach to trade with India, particularly in electronics
Equity benchmark indices Sensex and Nifty rallied in early trade on Monday, tracking firm trends in Asian markets and buying in power and utilities shares. The 30-share BSE Sensex climbed 324.67 points or 0.44 per cent to 74,657.25 in the morning trade. On the similar lines, the Nifty of NSE rose 98.45 points or 0.44 per cent to 22,650.95. From the Sensex pack, Power Grid, Bajaj Finance, Bajaj Finserv, NTPC, Hindustan Unilever, Adani Ports, Bharti Airtel, Nestle India, HCL Technologies and Infosys were among the gainers. On the other hand, IndusInd Bank, Mahindra & Mahindra, Zomato, Titan, Larsen & Toubro and Maruti Suzuki India were the laggards. Devarsh Vakil, Head of Prime Research, HDFC Securities, said, "Market volatility persisted amid uncertainty over President Trump's announced tariffs -- 25 per cent on Canadian and Mexican imports and an additional 10 per cent on Chinese imports-- though the administration later announced various exemptions and delays." In Asian ...
Rice stocks rose after the government permitted the export of 100% broken rice, following a surge in inventories that reached a record high in early February-almost nine times the government's target
On the bourses, IndusInd Bank shares have tanked about 8 per cent in the last five trading sessions, 15 per cent in the past month and 37 per cent in the past six months
In the previous session (March 7), Sensex settled at 74,332.58, down 7.51 points or 0.01 per cent. Nifty50, on the other hand, settled 7.80 points or 0.03 per cent higher at 22,552.50
The rise in the Kalpataru Projects share price came after it announced that the company, along with its international subsidiaries have secured new orders of Rs 2,306 crore
The uptick initially in the Nykaa share price came after Zurich, Switzerland-based brokerage firm UBS upgraded Nykaa stock to 'Buy', from 'Neutral'
Nomura has set a target price of Rs 1,220 and Rs 1,080 for JSW Steel and JSPL, respectively.
Stock Market Today: As of 6:33 AM, GIFT Nifty Futures were down 75 points at 22,545, hinting at a negative start.
MosChip Technologies shares rose following the announcement of the launch of MosChip DigitalSky GenAIoT, a digital solutions suite
Galaxy Surfactants share rose after the company announced that through its group companies it has entered into a deal with one of its global customers for providing EPC services
The uptick in Zydus Life share price came after the company announced that it has received final approval from the USFDA to manufacture Dasatinib tabs, 20 mg, 50 mg, 70 mg, 80 mg, 100 mg, and 140 mg
The uptick in RIL's share price followed an upgrade from domestic brokerage firm Kotak Institutional Equities, which raised its rating to 'Buy' from 'Add'
The Nifty PSU Bank index rose 1.46%, or 86.3 points to hit an intraday high of 5,976.75, while the Nifty Bank index increased 0.72%, adding 349.15 points to hit an intraday high of 48,839.10
The rise in the BEL share price came after the company announced that its Board of Directors has declared an interim dividend of Rs 1.50 per equity share for the financial year 2024-25
The uptick in Welspun Specialty share price came after the company was notified as L1 bidder by Bharat Heavy Electricals Limited (BHEL, Trichy) for a project worth about Rs 231.77 crore, excluding GST
The run-up in Hariom Pipe shares came after it bagged a deal to set up solar power generating stations under the PM Kusum scheme
Market outlook for the week March 03 - 07, 2025: Here are the key weekly support and resistance levels on the BSE Sensex and the NSE Nifty 50 index.
As of 6:40 AM, GIFT Nifty Futures were up 79 points at 22,359, hinting at a higher start
Excelsoft Technologies Ltd, a vertical SaaS (software-as-a-service) company focused on the learning and assessment market, has filed draft papers with capital markets regulator Sebi to raise Rs 700 crore through an initial public offering (IPO). The proposed IPO of the Karnataka-based company is a combination of a fresh issue of shares valued Rs 210 crore and an offer for sale (OFS) of shares worth Rs 490 crore by the promoters -- Pedanta Technologies and Dhananjaya Sudhanva, according to the draft red herring prospectus (DRHP). The company may consider mobilising up to Rs 270 crore in pre-IPO round. "If the pre-IPO placement is undertaken, then the amount raised from the pre-IPO placement will be reduced from the fresh offer size and/or the Offer for Sale portion," the company said in the draft papers filed on Friday. The company has proposed to utilise the proceeds of the fresh issue towards purchase of land and construction of a new building and for upgradation and external ...