The NSE Nifty had hit 58 record highs in calendar year 2021. Additionally, the index has rallied on an average 27% from its calendar year lows in the last 5 years; and is up 21% thus far this year.
Over the past few months, IDFC First Bank has consistently maintained a strong support level between Rs 70-71, despite several challenges from downward market trends.
Stock Market Highlights: As many as 29 constituent stocks on the Nifty50 ended in the red, dragged by Tata Motors, Eicher Motors, Tata Steel, Coal India, and JSW Steel
Despite this positive outlook, Adani Green's stock was trading about 2 per cent lower at Rs 1,890.20 as of 9:26 AM, while the BSE Sensex was down 0.08 per cent to 82,920.90 levels.
The uptick in the share prices of these companies came on the back of securing a letter of intent (LoI) form Maharashtra state DISCOM for supply of 6,600 MW hybrid solar and thermal power.
The US FDA has issued a warning letter to Zydus Lifesciences citing significant manufacturing lapses at its Gujarat-based plant.
Stock Market Highlights: The NSE Nifty Midcap 100 index ended at a record high closing level of 60,034.05 on Friday
Stock Market News: Sensex, Nifty hit record highs today. The Nifty index was seeing short covering for Calls in the range of 25,150-25,200 amid the weekly F&O expiry
Stock Market Highlights: The BSE Sensex crossed the 83,000-mark and the Nifty surpassed the 25,400 level for the first time today in the intraday trade
We are seeing noticeable traction in the FMCG counters and ITC is trading in sync with the move. It has formed a buying pivot, after registering a breakout from bullish continuation pattern.
Stock Market Highlights: 34 out of 50 constituent stocks of Nifty50 ended lower, dragged by Tata Motors, ONGC, Wipro, L&T, and Adani Enterprises with losses of up to 5.73 per cent
The rise in Lemon Tree Hotels share price came after the company announced that it has signed a new property in Mumbai.
Share market today: Market participants today will analyse the ongoing US presidential debate. They will also focus on US inflation report, oil prices, and IPOs back home
SpiceJet has reached a deal with Carlyle Group's commercial aviation unit to write off a $40.2 million payment obligation and a $30 million conversion of arrears into equity.
Surge in SIP flows, strong NFO collections drive August collection to the second highest in a month
Market Close Highlights: Indian benchmark equity indices closed higher on Tuesday, tracking overnight gains in the US markets.
The IREDA scrip surged as much as 7.21 per cent to hit an intraday high of Rs 239.35 per share.
Stocks To Watch: HP India is set to partner with Dixon Technologies' subsidiary, Padget Electronics, to manufacture notebooks, desktops, and all-in-one PCs in Chennai under the PLI 2.0 scheme.
The Nifty PSU Bank Index is currently positioned in a manner where buying on dips presents the most favourable trading strategy for near-term traders.
Over the past 7-8 weeks, Laxmi Organic Industries has been trading within a relatively narrow range of approximately Rs 235-270, indicating a period of consolidation.