Page 13 - Nifty

HDFC Bank share price hit all time high; up 2.18% from previous day's close

Analysts expect more upside in the run up to August rebalance of MSCI index weightage

Markets log best monthly gains since Dec amid optimism around new govt

The gains come amid the background of strong economic data and optimism around the functioning of the new government

Banking stocks propel Sensex past 78,000, Nifty50 gains 184 points

Sustained foreign helps indices log best day in over than two weeks

Sun Pharma inks MoU with Takeda to introduce gastrointestinal drug in India

Sun Pharmaceutical Industries on Friday said it has inked a licensing pact with Takeda Pharmaceutical Company to commercialise a novel gastrointestinal drug in India. The company has entered into a non-exclusive patent licensing agreement with Takeda to commercialise Vonoprazan tablets in strengths of 10 and 20 mg in India, the Mumbai-based drug major said in a statement. Vonoprazan is a novel, orally active potassium competitive acid blocker (PCAB), used to treat reflux esophagitis and other acid peptic disorders. "Sun Pharma is a leader in gastroenterology and we are excited to introduce Vonoprazan in India under non-exclusive patent license from Takeda," Sun Pharma CEO - India Business Kirti Ganorkar said. The partnership demonstrates the company's commitment to gastrointestinal health by providing patients and healthcare practitioners with a novel treatment option to manage reflux esophagitis and other acid peptic disorders, he added. Gastroesophageal Reflux Disease (GERD) is

Sebi plans tweaks in derivative trading rules to curtail options trading

The new rules could include higher margins for options contracts and more detailed disclosures

Street signs: Nifty hits a speed hump, MF industry on tax tightrope, more

The mutual fund (MF) industry is concerned that the upcoming Union Budget may bring another tax blow

Modi 3.0? Exit polls trigger the best day for indices in three years

Sensex, Nifty jump over 3% each; investor wealth surges Rs 14 trn; FPIs pump in Rs 6.9K cr

Nifty Bank index races past 50,000 mark in post-election euphoria

Public-sector undertaking (PSU) banks were among biggest gainers on Monday, leading to a 8.4 per cent rise in the Nifty PSU Bank index, a index of only government-owned lenders

Sensex may target 80,000 levels post exit poll data. Check key levels here

However, in case, the BSE Sensex is unable to break past the 76,275 level, we may enter a consolidation range, wherein the support at 72,240 becomes a crucial level.

Nifty to hit 26,500 in 18 months? Why investors need multi-cap strategy

Emkay Investment Managers predict Nifty to reach 26,500 by 2025, citing factors like 15% earnings growth, positive election outcome & sectoral focus on BFSI, PSUs, and green energy

Nifty can jump 10% in a week if NDA crosses 400-seat tally in Lok Sabha polls

With barely a fortnight remaining for the outcome of the Lok Sabha polls, markets seem to be a bit nervous. Puneet Wadhwa caught up with RAHUL ARORA, CEO for Institutional Equities at Nirmal Bang

Rupee appreciates 4 paise to 83.47 against US dollar in early trade

The rupee was trading in a narrow range and appreciated 4 paise to 83.47 against the US dollar in early trade on Wednesday, tracking a positive trend in domestic equities. However, sustained foreign fund outflows weighed on the local unit and restricted the up move. Forex traders said with foreign investors buying US dollars and the Reserve Bank of India (RBI) selling the greenback, the USD/INR pair is expected to remain range-bound with a bit of a weakness bias. At the interbank foreign exchange market the local unit moved in a narrow range. It opened at 83.49 against the American currency and touched 83.47 in initial trade, registering a rise of 4 paise from its previous close. On Tuesday, the rupee closed at 83.51 against the American currency. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was at 104.93, lower by 0.07 per cent. Brent crude futures, the global oil benchmark, rose 0.69 per cent to USD 82.95 per barrel. Des

Markets log biggest drop in 4 months; Sensex ends 1,062 points lower

The index finished below its 100-day moving average (DMA), seen as a critical support, for the first time since November 13, 2023

Nifty ends flat for 12th time in history, session closes at 22,302.5

The last time this happened was on March 31, 2017, when Nifty closed at 9,173.75

NSE investors may face further delays for its initial public offering

According to industry players, one of the key requirements for approving NSE's IPO is for it to remain free from any tech-glitch for a year

Street Signs: Navigating market rapids, IPO Street set to sparkle, and more

The grey market premiums (GMPs) for the three initial public offerings (IPOs) that open this week range between 20 per cent and 55 per cent

Equity markets end with losses; Nifty retreats after hitting fresh highs

Sensex sees intraday swing of 1,627 points

Nifty likely to reach 25,810 by December 2024: Prabhudas Lilladher

The NSE benchmark Nifty is likely to reach the 25,800 level by December 2024 as stable economic policies and normal monsoon will boost demand growth, Prabhudas Lilladher said in a report on Thursday. The index is currently trading at 22,570.35 level. Going by the prediction of Prabhudas Lilladher, the Nifty is expected to climb another 3,239.65 points or 14.35 per cent from its current level by December-end this year. "Recently, the Nifty reached its all-time peak, but subsequently experienced a correction of around 4 per cent attributed to escalating geopolitical tensions, fluctuations in crude oil and commodity prices, and differing perspectives on the anticipated interest rate adjustments by the US Federal Reserve," Amnish Aggarwal, Head of Institutional Research, Prabhudas Lilladher, said. The Nifty is expected to scale up to 25,810 levels by December 2024, Aggarwal added. "The upward mobility in Nifty is attributed to the continuation of the NDA government and La Nina led norm

Street-smart bulls march on amid West Asia unrest; Sensex up 560 points

Nifty gains 0.9% even as FPI selling continues

Markets extend losing streak for 4th straight session; Sensex falls 455 pts

The indices closed in the red after volatile trade