On the last 3 Budget days, the Nifty ended marginally in red; the NSE benchmark has ended lower on 5 out of previous 7 occasions when finance minister Nirmala Sitharaman presented the Union Budget.
After a steady set of third quarter numbers, L&T shares were the top gainer on both the 30-stock BSE Sensex and the NSE Nifty50 today
In seven days, the stock price of Tanfac Industries has soared 29 per cent after it reported a robust 245 per cent Y-o-Y jump in profit after tax at Rs 34.80 crore in December quarter
Derivative data shows that Nifty is starting the February series after a 4-month losing streak, high rollovers, and short positions ahead of Budget. Here are the key analyses as per HDFC Securities.
Nifty strategy for Budget 2025: The immediate Support & Resistance levels for Nifty50 index are: 22,700 & 23,400
The longest losing streak was from September 1994 to April 1995, during which it fell by 31 per cent over eight consecutive months
The Sensex is trading at TTM PE of 22.2x at the current levels as compared to its 5-and 10-year average of 25.4x and 27.5x, respectively.
Markets Today Highlights: Among the broader markets, the Nifty Smallcap 100 index gained 0.12 per cent, while the Nifty Midcap 100 index edged lower by a marginal 0.01 per cent
DIIs have doubled their shareholding, in terms of absolute number of shares held, in 46 out of the Nifty 500 companies in the last nine months, shows ACE equity data.
Building on the momentum achieved so far, the company's management expects SRF to finish the year on a reasonably strong footing
The broader outlook for the CDMO industry with small molecules is positive, and the management of Laurus Labs remains committed to its 2025 growth outlook
In the derivatives segment, Crompton Greaves, Titan and HDFC Bank saw over 90 per cent rollovers on Wednesday. The Nifty Put-Call-Ratio rose above 1, with FIIs cutting down some of their short bets.
JK Paper reported a 72 per cent decrease in consolidated net profit of Rs 65.39 crore as compared to a profit of Rs 235.11 crore a year ago
The valuations for Foreign Institutional Investors (FIIs) have become reasonable, but their main challenge is the stabilisation of the currency
Markets Today Highlights: The broader markets outperformed the benchmarks, with smallcap shares leading the charge as the Nifty Smallcap100 index settled higher by 3.32 per cent
Shares of Bajaj Finance hit an over three-month high of Rs 7,786.20, gaining 2 per cent on the BSE in Wednesday's intra-day trade ahead of its Q3 results today
The company called the emergence of DeepSeek -- a new artificial intelligence (AI) large language model (LLM) platform, a significant opportunity for its business growth
Larsen & Toubro share: Brokerage see strong order inflows and better execution driving Larsen & Toubro's third quarter revenues and profits higher
Shares of Syrma SGS Technology locked in upper circuit of 20% at Rs 504.35 after it reported 161% YoY jump in consolidated profit after tax at Rs 53.0 crore in the December 2024 quarter
Technically, this Rakesh Jhunjhunwala-backed stock is seen headed towards its monthly trend line support; break of the same can invite a further fall at the counter. Check key levels here.