Page 56 - Indian Equities

Ravi Nathani recommends buy-on-dips strategy for Nifty50, Bank indices

The Nifty50 Index closed with an absolute doji on the weekly charts, signaling a potential end to the ongoing corrective phase

FPIs take out Rs 44,396 cr from equities in Jan amid weak earnings outlook

Foreign investors have pulled out Rs 44,396 crore from Indian equities this month, driven by strength of the dollar, rising bond yields in the US, and expectations of a weak earnings season. This came following an investment of Rs 15,446 crore in the month of December, data with the depositories showed. The shift in sentiment comes amid global and domestic headwinds. "The continued depreciation in Indian rupee is exerting significant pressure on foreign investors leading them to pull the money out of the Indian equity markets," Himanshu Srivastava, Associate Director - Manager Research, Morningstar Investment Advisers India, said. In addition to that, higher valuation of Indian equities, despite recent corrections, expectation of a rather weak earning season and uncertainty over the pace of economic growth are making investors wary, he added. According to the data, Foreign Portfolio Investors (FPIs) offloaded shares worth Rs 44,396 crore from Indian equities so far this month (til

Stock Market Close Highlights: Sensex sheds 423 points, Nifty at 23,203; RIL up 3%, Infosys slips 6%

Market LIVE: Markets in India are likely to open on a cautious note today, following mixed global cues as investors focus on companies reporting December quarter results

Yatharth Hospital hits 5-month low, stock slips 24% in 12 days; here's why

In two days, the stock price of hospital company declined 9% after Citigroup Global Markets Mauritius Private Limited has sold 534,685 equity shares of the company for Rs 24.5 crore on the NSE.

AstraZeneca Pharma share price rises 3% on CDSCO nod for Eculizumab

AstraZeneca share rose after it that the company has secured permission to import pharmaceutical formulations of new drug for sale or for distribution in Form CT-20 from CDSCO

Here's why Havells share price was in demand on January 17; details here

The Board of Directors of Havells also declared an interim dividend of Rs 4 per equity share

Stock Market Close Highlights: Sensex up for third day, gains 319 pts; Nifty at 23,312; banks shine

Markets Today LIVE: Markets in India are expected to open higher following a strong showing on Wall Street after a lower-than-expected core inflation reading there

These 2 smallcap stocks hit new highs; zoom up to 82% in two months

Goldiam International has rallied 9% to Rs 569.50 in intraday trade, zooming 82% in 2 months and PGIL has surged 6% to Rs 1,718.05 in intraday trade, soared 71% in two months.

Wipro Q3 preview: Net profit may jump up to 16% YoY, revenue to remain flat

Wipro's Q3 performance is expected to reflect seasonal furlough impacts, client-specific challenges, and currency headwinds

Stock Market Highlights: Sensex gains 224pts led by IT, Nifty ends at 23,213; Auto, FMCG shares fall

Markets Today Highlights:Among the broader markets, the Nifty Midcap100 and Nifty Smallcap100 ended with gains of 0.41 per cent and 0.56 per cent, respectively

Stock Market Highlights: Sensex snaps 4-day losing streak, ends 170pts up; Adani Group shares shine

Markets Today Highlights: The NSE Nifty50 settled in the green at 23,176.05, with gains of 90.10 points, or 0.39 per cent

Mahanagar Gas share pops 6% as Morgan Stanley initiates with 'Overweight'

Mahanagar Gas shares surged following reports that Morgan Stanley, a New York-based brokerage firm, initiated coverage with an 'Overweight' rating

Markets Today: WPI, CPI; GIFT Nifty; HCLTech; Quadrant, Capital Infra IPOs

In previous trading session, the Sensex plunged 1,048.90 points, or 1.36 per cent, to close at 76,330.01. Similarly, the Nifty50 dropped 345.55 points, or 1.47 per cent, ending the day at 23,085.95

Ravi Nathani recommends sell-on-rise strategy for Nifty IT, Auto indices

The Nifty IT Index is exhibiting a clear bearish trend in the near term, prompting traders to adopt a cautious stance

Stock Market Crash Highlights: Sensex tumbles 1,031pts, Nifty at 23,086; NSE Mid, SmallCap fall 4%

Markets Today LIVE: Benchmark Indian equities were trading significantly lower on Monday amid muted global cues

Here's why Waaree Energies share was buzzing in trade on Jan 13; details

Waaree Energies share rose after it entered into a Share Purchase Agreement with Enel Green Power Development for acquisition of Enel Green Power for Rs 792 crore

Afcom Holdings shares hit 5% upper circuit on long-term pact with Etihad

Afcom Holdings shares rose after it announced that it has entered into a long-term contract with Etihad, to operate regular scheduled flights between Chennai-Male sector to move their cargo

Goldman Sachs initiates coverage with 'Neutral' on BSE; share price up 2%

The uptick in the BSE share price came after New York, US-based brokerage Goldman Sachs initiated coverage with 'Neutral' rating for a target price of Rs 5,060

Markets Today: GIFT Nifty; Dec Inflation; HCLTech Q3; Standard Glass IPO

At 6:32 AM, GIFT Nifty futures indicate a gap-down opening for the markets, trading 160 points lower at 23,341

HCLTech Q3 Preview: Revenue may jump up to Rs 30,200 cr; PAT to rise 5-10%

HCLTech's Q3FY25 performance is expected to reflect steady growth despite industry challenges such as furloughs and cross-currency headwinds