Page 40 - Indian Stock Market

Sensex tanks 4,389 pts: Markets to derate; should long-term investors buy?

The S&P BSE Sensex index plunged over 6,200 points intraday, before settling 4,390 points, or 5.74 per cent, lower at 72,079 levels, on Tuesday

Stock Markets, June 4: Sensex crashes 4,390 pts, Nifty gives up 22k on sub-par BJP tally in LS polls

Stock Market LIVE on June 04: As of 11:30 AM, Narendra Modi-led BJP was seen leading in 237 seats, and Congress was seen with 98 seats, as per Election Commission of India

How is Amit Shah's portfolio performing as BJP limps in Lok Sabha polls?

Other major holdings in his portfolio encompass ITC (down 3%), VIP Industries (down 7%), Infosys (down 1.5%), Grindwell Norton (down 3.5%), Cummins India (down 13%)

Sensex plunges over 5,000 points intraday; check factors behind the fall

The sharp drop was primarily driven by uncertainty surrounding the outcome of the Lok Sabha 2024 election results

Stocks to watch on June 04: DRL, Biocon, Wipro, RVNL, M&M Fin Svcs

Stocks to watch on June 04: RVNL has secured an engineering, procurement and construction order worth Rs 440 crore from South Central Railway

Exit Polls: Here's your portfolio strategy as Sensex, Nifty scale new highs

The benchmark Sensex hit a new all-time high of 76,738.89, while the Nifty50 surpassed the 23,300-mark to reach 23,338.70

Buy & sell ideas for June 03 from Anand Rathi: NHPC, SJVN, Campus

After peaking near the Rs 153 mark on May 22, 2024, SJVN experienced a significant downturn, with a decline of approximately 22 points, equating to roughly 14-15 per cent

Top 100 firms must verify market rumours within 24 hrs starting today

The top 100 listed companies by market capitalization will have to confirm or deny any market rumour reported in the mainstream media from this Saturday. The rule will be applicable for top 250 companies from December 1. Under the Sebi's rule, these companies will have to 'confirm, deny, or clarify any reported event or information in the mainstream media that is not general in nature and that indicates that rumours of an impending specific material event' are circulating amongst the investing public within 24 hours from the reporting of the information. Sebi through its newly introduced rumour verification framework has excluded the price volatility in arriving at average market price for the purpose of corporate actions in a bid to make it fair for all investors at large. "The move would dissuade leaking of information that would affect the valuation in the given corporation action. This initiative of Sebi would help strengthen the rumour verification framework. It would help in

Economic strength or extreme euphoria: What's driving Indian stock markets?

Valuations in most parts of the Indian stock market, analysts said, are expensive with the extent of overvaluation increasing in inverse order of market-cap, quality, and risk

Praj Industries jumps 7% on healthy Q4 results; Rs 6 dividend announced

Praj Industries profit rose 4.3 per cent year-on-year (Y-o-Y) to Rs 91.9 crore in Q4FY24, from Rs 88 crore in the same quarter last year (Q4FY23)

Expecting daily positive moves in stock market is unreasonable: Parekh

Valuations are high in companies in defense, railways, engineering, new energy, and the power sectors, Parekh of DSP Mutual Fund said in an exclusive interview

Lok Sabha 2024 poll result on June 4:Brokerage expectation, market strategy

Here's how leading foreign and domestic brokerages have interpreted the Lok Sabha 2024 election-related developments thus far, their poll outcome scenarios and market strategy

Lok Sabha exit poll on June 01: Here's your stock market strategy handbook

Lok Sabha Exit Polls: Markets, analysts believe, are likely to remain volatile in the run-up to the exit polls. The markets, analysts said, expect the NDA to form the next government

Karnataka Bank slips 3% on weak Q4 margins; Rs 5.50 dividend announced

The bank's net interest income (NII), which is the difference between interest earned and interest expended, fell 3 per cent to Rs 834 crore in Q4FY24, from Rs 860 crore in Q4FY23

Indian stocks to scale new peaks, rising over 8% this year, shows poll

Despite growing concerns that India's equity markets are overvalued, local investors have so far ignored warnings and driven share prices to record highs

BHEL shares tank 8% after Q4 results miss street expectations

The fall came after the company announced its Q4 results, which missed street expectations.

Stock market closed for trading today as phase 5 voting underway in Mumbai

The blue-chip NSE Nifty 50 rose 0.16 per cent to 22,502 points and the S&P BSE Sensex added 0.12 per cent to end at 74,005.94 on Saturday

Foreign investors' trading activity key driver in holiday-shortened week

The last batch of quarterly earnings, global trends and trading activity of foreign investors will guide the equity market movement in a holiday-shortened week ahead, analysts said. Volatility may continue amid investors' cautious approach in the election season. Markets will remain closed on Monday due to the fifth phase of the Lok Sabha elections in Mumbai. "We are at the end of Q4 earnings. Positive earnings reports could provide some relief in this uncertain market," said Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd. US Fed Chair Jerome Powell is scheduled to deliver a speech on Monday, which is likely to influence market sentiments, Gour said. Furthermore, upcoming economic data releases from Japan and the US, along with movements in the global currency market, will also be important factors to consider, he added. ONGC, SAIL, BHEL, JK Tyre, One97 Communications, Power Grid, InterGlobe Aviation, ITC and NTPC will announce their quarterly earnings this week.

ICICI Direct faces user outrage after multiple trading platform delays

Trading platform ICICI Direct with 1.8 million active users, resumed trading at 10:20 after multiple delays

18% of global fund managers overweight on Indian equities: BofA survey

A total of 245 panelists with $642 billion worth of assets under management (AUM), BofA Securities said, participated in the survey held between May 3 and May 9, 2024