Page 42 - Indian Stock Market

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

Stock Market Highlights, May 16: Sensex swings 1220 pts intraday, ends 677 pts up; Nifty holds 22400

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

Sensex, Nifty indices extend winning run; Vix dips after 13-day rise

Before gaining in the past three sessions, the benchmark Nifty had dropped 3% from its peak following five straight days of losses

Sensex dips 800 pts intraday, Nifty nears 21,800: Why is market falling?

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: Sensex tanks 1,062 pts, Nifty below 22k; Mid, SmallCap indices fall 2%

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, May 8: Benchmarks end flat after choppy session; Mid, SmallCap indices rise

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

Sensex, Nifty eye new highs; All you need to know before mkt opens April 30

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.

Corporate earnings, Fed interest rate decision to drive markets: Analysts

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

Strong execution key for Tech Mahindra to achieve three-year targets

The investments are likely to halve in FY26 and normalise by FY27