Meanwhile, Adani Energy Solutions has raised Rs 8,373 crore via QIP in August, making it the largest fundraise in the Indian power sector.
The total market capitalisation of BSE-listed companies declined by Rs 48 trillion to Rs 430 trillion after reaching a peak of Rs 478 trillion on September 27
Domestic brokerages expect Hero MotoCorp to show strong year-on-year (Y-o-Y) growth in revenue and profitability, driven by volume increases, improved realisations, and a favourable product mix
Since reaching all-time highs on September 26, the Sensex has fallen by 8.3 per cent, and the Nifty is down almost 9 per cent
Stock market today: The Nifty MidCap100 index and the Nifty SmallCap100 index have declined 8.8 per cent and 6.9 per cent, respectively, from their respective all-time highs
7th consecutive year of gains in Muhurat trading
The surge in active clients is underpinned by the rally in the markets, with the Nifty 50, Nifty Midcap 100, and the Nifty Smallcap 100 indices gaining over 25 per cent each
Stock Market Today: Analysts anticipate a weak Q2FY25, with potential profit dips due to declining refining margins for Reliance Industries.
Absolute-return investors must avoid Indian markets in the backdrop of recent developments, especially the stimulus by China, suggests a report by BCA Research
Stock Market Mock LIVE Updates: The National Stock Exchange's mock trading session scheduled for Saturday, September 28, is only for brokers and not for retail investors, according to an NSE rep.
Stock Market Today: Indian equity benchmark indices BSE Sensex ,and Nifty50 ended in red on Friday.
Investors will keep a track on global trends and trading activity of foreign investors with no major domestic trigger in sight this week, analysts said, and added that markets may face volatility amid the monthly derivatives expiry. Stock markets had a record-breaking rally last week, largely driven by the US Federal Reserve's rate cut. Historically, rate cuts in the US have had a positive impact on emerging markets, with India being a favoured bet among global investors, Santosh Meena, Head of Research, Swastika Investmart Ltd, said. The highlight of the week was the aggressive buying by Foreign Institutional Investors (FIIs), who poured in over Rs 14,000 crore on Friday alone, he added. "There are no major triggers expected this week, but upcoming macroeconomic data from the US will be crucial to monitor. FII flows will remain a key factor for the Indian equity market, alongside domestic institutional inflows, which will also play an important role. "While markets currently seem
Mrs. Bectors Food Specialities launched a Rs 400-crore QIP at a floor price of Rs 1,577.85 crore
The Nifty 500's gains were primarily driven by the IT, Healthcare, and Financial Services sectors, while Industrials contributed the least.
High valuations, cautious sentiment challenge PV and commercial vehicle firms
Hindustan Composites has signed a share purchase agreement to acquire 1,50,000 shares of Swiggy, worth Rs 5.17 crore
The surge in Aadhar Housing share came after Kotak Institutional Equities initiated coverage on the company with 'Buy' rating for a target price of Rs 550, marking an upside of 41%.
Investors will keep an eye on Gala Precision IPO, Indian auto sales numbers and other important triggers
Movement in the stock market this week will largely be driven by global trends, macroeconomic data announcements and trading activity of foreign investors, analysts said. Equity benchmark indices, which are on a dream run for the past several days, will also track trading in global oil benchmark Brent crude and movement of rupee against the US dollar. "The next FOMC (Federal Open Market Committee) meeting is scheduled for mid-September, but before that, the market will be closely watching upcoming US economic data. Key indicators like manufacturing PMI, non-farm payrolls, and unemployment rate will be released this week, all of which could significantly influence market sentiment. "Institutional flows will play a critical role," said Santosh Meena, Head of Research, Swastika Investmart Ltd. The primary driver behind the bullish momentum in the domestic market is the growing anticipation of a rate cut in the United States and buying support from domestic investors. Auto stocks woul
Natco Pharma is the first company to have filed a substantially complete ANDA for a generic cancer drug