The Nifty-500 delivered 15% YoY PAT growth, the highest in five quarters.
Corporate earnings logged a 3rd straight quarter of double-digit growth, underpinned by strong performances from OMCs, Metals, Telecom, Technology, Cement, NBFCs - Lending, and Capital Goods.
Nifty50 outlook: Analysts expect this momentum to sustain as India continues to chart its growth path through structural reforms, strong consumption trends, and improving corporate profitability.
Earnings for the 151 MOFSL Universe companies rose 14 per cent year-on-year (Y-o-Y), above the brokerage's 9 per cent estimate.
But log fresh 1-year highs in muhurat session
BSE Midcap index managed to stay afloat with a gain of 1 per cent return thus far in Samvat 2081, after recording hefty 41 per cent and 31 per cent return, respectively in the past two Samvat years
Nomura has maintained its Nifty target for March 2026 at 26,140, implying a modest upside of 4 per cent from current levels, based on a FY27F earnings per share (EPS) estimate of ₹1,245.
Benchmarks end down marginally after clawing back from steep losses
Regulators must not only anticipate the nature of manipulative strategies but act decisively to prevent their execution
Investor herd came charging back - AUM climbed 7% in Q1
Nifty Bank was among the worst-performing sectoral indices, quoting 28,058. Meanwhile, the Nifty PSU Bank index was trading at 7,154, down by 0.54 per cent.
Nifty technical outlook: With a likely trading range mentioned above for the coming week, a Short Strangle strategy could be an effective way to capitalise on expected consolidation
The revised Nifty50 target implies a potential upside of about 6 per cent from current levels.
For the Nifty 50 index to hit the lower circuit, it has to fall 10 per cent to 21.846.20 levels on Friday. If this becomes a reality before 1 PM, then the trading will be halted for 45 minutes
The upward movement in the stock came after reports suggested that Japanese banking giant Sumitomo Mitsui Banking Corp (SMBC) was in advanced talks to acquire a significant stake in the private sector
The Securities and Exchange Board of India (Sebi), based in Mumbai's Bandra Kurla Complex, is set to overhaul its operations by adopting a fully digital 'e-office' system
The sector's dominance in the Nifty index comes on the back of a 50x increase in market capitalisation over two decades
The brokerage expects the Nifty to trade at 19.5 times its estimated earnings of Rs 1,280 for FY27, compared with an earlier multiple of 18.5 times
A total of eleven new passive funds such as Exchange Traded Funds and Index Funds, which track Nifty Indices, were launched in Japan and Korea during FY 2024-25, the National Stock Exchange of India (NSE) said on Tuesday. Of these, 9 funds track the Nifty 50 index, while one tracks the Nifty India Corporate Group Index, Tata Group 25 per cent, and another tracks the Nifty Midcap 50 Index. At present, there are 33 passive funds tracking Nifty Indices outside India with total assets under management (AUM) of USD 4.3 billion. These products have been launched by large global asset managers. "There is a growing demand from global asset managers for India-focused passive investment products. FY 2024-25 has been a landmark year for NSE Indices with the successful launch of eleven passive products based on Nifty indices outside of India," Aniruddha Chatterjee, MD of NSE Indices, said. "We anticipate this trend to continue with numerous India-focused passive products set to be introduced .
After a period of being net buyers in the first half of the fiscal year, FIIs reversed their stance in the second half, unloading over ₹1.5 lakh crore worth of Indian equities