Technical charts show the Nifty Auto index can potentially rally another 10% to 26,180 levels; while select stocks such as M&M, Tata Motors and Ashok Leyland can surge up to 15%.
Despite ending 2024 on a strong note, select PSU stocks such as Oil India, NHPC and Coal India plunged up to 43% from the peaks; technical charts hint at a possible pull-back in the near-term.
Derivatives market data shows FIIs net sold 78,868 contracts of Nifty futures in first 4 trading days of Jan series while OI rose 74,992 contracts; thus implying build-up of short positions in Nifty.
Stock market today, January 2: India, China, and the US' Manufacturing PMI data for December will be released today. Besides, Indo Farm IPO will close, and Anya Polytech will list on NSE SME
Market Outlook 2025: As we enter 2025, here are some of the risks and challenges that the Indian markets could face in 2025 going ahead
Stock Market Today, Wednesday, Jan 1, 2025: Stocks markets are expected to be range-bound today, peppered mostly with stock-specific action. At 6:50 AM, GIFT Nifty was down 71 points
After rallying up to 88% in 2024, Bajaj Auto and Hero MotoCorp have declined up to 33% from their respective peaks in the last 3 months. Is it time to buy these stocks or wait for further fall?
Technically, ITC is seen trapped in a thin range of Rs 460 - Rs 490 for now. Meanwhile, analysts at SBI Securities are optimistic of ITC's prospects post demerger and see 15% upside for the stock.
Stock Market Outlook 2025: Analysts believe India stock markets may continue to witness market consolidation, at least in the first half of 2025
Stock Market Today, Dec 31, 2024: The initial public offering (IPO) of Indo Farm Equipment will open for subscription today. The IPO will close on January 2, 2025
The yearly Fibonacci chart suggests that the BSE benchmark index can gyrate in the 69,000 - 88,600 range in the calendar year 2025; an upside breakout of the range can trigger fresh momentum.
The standout growth in Taiwan's stock market was largely driven by the country's critical role in the global semiconductor supply chain, according to analysts
Stock Market Today, Dec 27: Concord Enviro Systems IPO, Sanathan Textiles IPO, Mamata Machinery IPO, DAM Capital Advisors IPO, and Transrail Lighting IPO will list on the NSE and BSE today
Share market today: In the primary market, Unimesh Aerospace IPO will close for subscription today. Besides, Carraro India, Senores Pharmaceuticals, and Ventive Hospitality will have IPO allotment
Stock market in 2024 so far: One of the most pivotal events impacting investor sentiment was the outcome of the 2024 General Elections
Experts suggest investors should expect moderate returns as the market adjusts to global macroeconomic challenges
Stock Market Today: Unimech Aerospace and Manufacturing IPO will open in the mainboard IPO category on December 23 till December 26, 2024
Stock Market Today: The Nifty IT Index is facing mixed sentiments post the recent Accenture earnings, which might uplift IT stocks temporarily. However, a closer look at the charts suggests caution
Stock Market Outlook: Volatility may remain high over the medium-term and it is difficult to gauge market trajectory at this point, said Sandip Raichura of PL Capital
Nifty Today, Stocks to Buy Today: The Nifty has breached a critical support level at 24,300, and the sharp decline in the banking sector is exacerbating the weakness