Page 50 - Indian Stock Market

Time to book profit now; buy when Nifty hits 16,000: BofA Securities

The foreign brokerage firm expects Nifty to drop to 16,000 levels as they foresee global slowdown, volatile commodities, peak urban demand/slow rural revival as some of the risks for earnings.

Sensex soars 463pts, ends atop 61K; Nifty tops 18050; mid-, smallcaps shine

CLOSING BELL: Healthy buying in heavyweights like Reliance Industries, L&T, ITC, Kotak Bank, SBI, Bharti Airtel, TCS, and HDFC Bank lifted benchmarks on Friday

Nifty ends April F&O series above 17900; Bajaj twins, Bharti Airtel support

CLOSING BELL: The S&P BSE Sensex, meanwhile, rallied 349 points to settle at 60,649

Gujarat govt's new PSU policy mandates bonus shares, dividends, buybacks

The market took the development positively, and the shares of most public sector companies in Gujarat rallied 8 to 15 per cent on April 26

Sensex ends 75pts up after choppy day, Nifty tops 17,750; ITC extends rally

CLOSING BELL: Among buzzing stocks, shares of RVNL were locked at 20 per cent upper circuit, RITES zoomed 9 per cent, and Texmaco Rail 7 per cent

Nestle India net profit up 24.7 per cent in January-March quarter

KitKat, Munch sweeten the quarter for the firm; Nescafe also packs a punch

Sensex, Nifty end flat after listless day; ITC, TCS up 2%; realty stks dip

CLOSING BELL: The broader indices ended marginally in red, with Midcap index declining 0.4 per cent, and the Smallcap index down 0.3 per cent.

Sensex, Nifty snap 3-day losing streak, end marginally up; Infy, HUL slip

CLOSING BELL: The S&P BSE Sensex was up 65 points, while the Nifty 50 added six points. Tata Motors, NTPC, Asian Paints, SBI and Bharti Airtel were the prominent gainers.

IT drags benchmarks lower for 3rd day; Sensex dips 159pts, Nifty near 17600

CLOSING BELL: Infosys, TCS and HCL Technologies, down 1.3 - 2.4 per cent, collectively accounted for a loss of 156 points on the BSE Sensex.

NSE's strict-governance platform in limbo after tepid corporate response

Lukewarm response from corporate houses forces bourse to put NSE Prime on back burner

Realty stocks soar on back of robust sales; sectoral index up 7.8%

The strong numbers boosted hopes of a boom in housing. Analysts said the realty companies had benefited from inflation as it led to a rise in asset prices

Rising Covid cases in India a non-event for markets for now: Analysts

Unless this blows up into substantial numbers wherein we start looking at physical movement restrictions, on current evidence this seems a non-event for markets at this juncture

Udayshivakumar Infra IPO: Shares to be allotted today; learn how to check

Udayshivakumar Infra IPO listing date: The shares of the IPO are expected to be listed on the bourses on April 3

Under heavy selling, Sensex snaps 3-day winning run; falls 540 points

Equity benchmark Sensex declined nearly 540 points on Thursday, pressured by heavy selling in index heavyweights Reliance Industries, Bajaj Finserv and ICICI Bank amid a sluggish trend in the global markets. Besides, a weak rupee against major currencies overseas further weighed on sentiment, traders said. Snapping its three-day gaining streak, the 30-share BSE Sensex opened strong but came under severe selling pressure to close 541.81 points or 0.90 per cent lower at 59,806.28. Similarly, the broader NSE Nifty declined 164.80 points or 0.93 per cent to 17,589.60. M&M was the top loser in the Sensex pack, skidding 3.31 per cent, followed by Reliance Industries, Bajaj Finserv, ICICI Bank, Maruti, Tata Motors and Tech Mahindra. On the other hand, Tata Steel, L&T, Axis Bank, Bharti Airtel and HDFC Bank were among the gainers. Sector-wise, BSE Auto and Consumer Durable witnessed intense selling during the session. In the broader markets, the BSE midcap fell 0.55 per cent and the ..

Global mkts fully pricing in Fed hike to 5.5%; Indian equities at risk: UBS

India, according to them, is among the more sensitive markets to US rates, and demonstrates the most sensitivity to local rates given higher influence of domestic flows into the market

India's market capitalisation-to-GDP ratio slips to 95 in FY23, shows data

Reading rides on coat-tails of Rs 31-trn decline in India's m-cap to Rs 258 trn

M-cap ranking: India worst-performing in 2023, United Kingdom now sixth

India's contribution to the world market cap too has slipped below 3 per cent after having topped 4 per cent in October 2022

UK overtakes India as world's 6th-biggest stock market with $3.11 trn mcap

The UK's equity market capitalization remains behind France after losing its place as Europe's biggest stock market last year.

Baring Private Equity India pays Rs 16.57 lakh to settle case with Sebi

Baring Private Equity India Investment Manager LLP has settled with markets regulator Sebi a case pertaining to alleged flouting of AIF rules. This came after Baring Private Equity (noticee) proposed to settle the proceedings through a settlement order "without admitting or denying the findings". In the settlement order passed on Monday, Sebi said, "The instant adjudication proceedings initiated against Baring Private Equity India Investment Manager LLP vide SCN dated on May 12, 2022 is disposed of". The Securities and Exchange Board of India (Sebi) had initiated the adjudication proceedings for the alleged violation of AIF (Alternative Investment Fund) norms. Thereafter, the regulator issued a show cause notice (SCN) to the noticee on May 12, 2022, for violating AIF rules. Pending adjudication proceedings, the noticee filed a settlement application with Sebi to settle the case. The regulator recommended the settlement of instant proceedings upon payment of Rs 16.57 lakh. After t

Street signs: Nifty Next 50 rebalance, home-grown tech stocks, and more

Banking stocks witnessed intense selling pressure in the latter part of last week