Stock Market LIVE updates on Thursday, May 16, 2024: In the broader markets, the S&P BSE MidCap, and the SmallCap indices gained 0.44 per cent and 0.68 per cent, respectively
Before gaining in the past three sessions, the benchmark Nifty had dropped 3% from its peak following five straight days of losses
The S&P BSE Sensex fell by 780 points or 1.07 per cent to hit an intraday low of 71,882.90 on May 13
Stock Market Highlights on Thursday, May 09: Weighing on the benchmarks was selling in heavyweights like L&T, HDFC Bank, Reliance Industries, ITC, Asian Paints, ICICI Bank, and Bajaj Finance
Stock Market Highlights on May 8: The S&P BSE Sensex, after gyrating 611 points intraday, ended at 73,466, down 45 points. The Nifty, on the other hand, settled unchanged at 22,303
Pre-market update Tuesday, April 30: Q4 earnings, US Fed decision, global markets to dictate market trend today. Adani shares likely to be in limelight.
Quarterly earnings from corporates, the US Fed interest rate decision and other global trends will be the major driving factors for determining movement in the domestic equity market in a holiday-shortened week ahead, analysts said. Besides, factors like trading activity of foreign investors, global oil benchmark Brent crude and rupee-dollar trend would also influence trading. Domestic equity markets would remain closed on Wednesday on account of Maharashtra Day. "Domestically, the next batch of Q4 earnings reports will drive stock-specific movements," said Santosh Meena, Head of Research, Swastika Investmart Ltd. Monthly auto sales figures will be announced at the beginning of May, and the next phase of voting will be significant, he said. "On the global front, the outcome of the US Federal Open Market Committee (FOMC) meeting on May 1st will be important. Economic data releases from China and the US, along with movement in the global currency market, will also be the factors to
The investments are likely to halve in FY26 and normalise by FY27
Union Home Minister's five biggest bets valued at Rs 5.3 crore
Stocks to Watch on Thursday, April 25, 2024: The Reserve Bank of India, on Wednesday, directed Kotak Mahindra Bank to stop issue of fresh credit cards and the onboarding of new customers
Stocks to Watch on Tuesday, April 23, 2024: Tata Consumer Products, ICICI Prudential Life Insurance, Tata Elxsi, Mahindra & Mahindra Finance, MCX are scheduled to announce their Q4FY24 results today
Stocks to Watch on Monday, April 22, 2024: Reliance Industries, Rallis India, Mahindra Logistics, Hatsun Agro Product, and Tejas Networks will announce their March quarter earnings today
Worries related to the Iran-Israel conflict, quarterly earnings and foreign investors' trading activity are the key factors that would dictate stock markets this week, analysts said. Besides, trends in Brent crude oil and movement of the rupee against the dollar will also be crucial factors. This week will be crucial for the market amid ongoing worries about the conflict between Iran and Israel, said Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd. "If tensions escalate significantly, there's a risk of panic selling and increased volatility across global stock markets. Moreover, the market will be keeping a close eye on fluctuations in crude oil prices, as geopolitical events frequently impact them. "Investors will also be watching for important earnings of Tech Mahindra, Bajaj Finance, Nestle, Bajaj Finserv, HCL Technologies and Maruti," Gour said. HDFC Bank on Saturday reported a 2.11 per cent growth in consolidated net profit to Rs 17,622.38 crore for the March
The Multi Commodity Exchange of India Limited (MCX) and Commodity Derivative Segment will be closed in the morning but open in the evening
Since most proposals will have a long gestation period, the full benefits will be reflected in the revenues of companies, and subsequently the stock prices over time
The nearly 260% surge in Zomato since last April has made it difficult for consensus to keep up, but expectations continue to rise
Geopolitical events, macroeconomic data and quarterly earnings of corporates would guide the stock market in a holiday-shortened week ahead, analysts said. Stock markets will remain closed on Wednesday for Ram Navami. "This week promises to be crucial for the market as fresh worries about a potential conflict between Iran and Israel emerge. Any significant escalation in tensions could trigger panic selling and volatility in global equity markets. The market will also be closely monitoring the movement of crude oil prices, which are often impacted by geopolitical events," said Santosh Meena, Head of Research, Swastika Investmart Ltd. Investors will be watching for earnings reports from Infosys, Bajaj Auto, and Wipro later in the week, he said. On the macroeconomic front, China's GDP data, US retail sales figures, and movements in the US bond yields and the dollar index will be important factors influencing market sentiment, Meena added. Shares of TCS will remain in focus on Monday.
Some new-age technology companies might be in trouble as the PE tap has dried up. However, one cannot generalise the same for the entire sector, Lunavat said in this interview
The launch marks PeepalCo's expansion into stock broking. It will be operated as a separate business division with its own managing and operations teams
Stock market highlights on Tuesday, April 02: Among sectors, the Nifty Realty index hit a 16-year high intraday before closing 0.8 per cent higher. The Nifty Metal index, too, added 1.36 per cent