Page 30 - Nifty

One year of Nifty's lifetime high: Domestic equities stuck in a loop

The fall in the Indian market is far subdued, compared to many global peers that have slipped into bear-market territory

Sensex jumps 685pts, Nifty ends near 17,200; Infosys, HDFC, HDFC Bank shine

CLOSING BELL: A sharp pull-back in the US overnight triggered the relief rally in our markets on Friday. Benchmark indices however pared gains in the latter half of the trading day.

Stocks to watch: Infosys, Mindtree, Bajaj Auto, Shree Cement, Power Mech

Stocks to watch today: Bajaj Auto & Shree Cement will post September quarter (Q2FY23) results on Friday, October 14; Infosys posted 11 per cent YoY rise in consolidated net profit to Rs 6,021 cr in Q2

Sensex, Nifty decline as rate hike worries hit banking, realty shares

Key stock indices Sensex and Nifty declined over half a per cent on Thursday due to selling in financials, auto and realty shares after five-month high inflation fanned rate hike fears. A weak rupee and rising crude prices also impacted the market sentiment, traders said. The 30-share BSE Sensex declined 390.58 points or 0.68 per cent to settle at 57,235.33. The broader NSE Nifty fell 109.25 points or 0.64 per cent to end at 17,014.35. Wipro was the top loser in the Sensex pack, shedding 7.03 per cent, followed by SBI, L&T, ICICI Bank, Asian Paints, Bajaj Finance and HDFC twins. On the other hand, HCL Tech, Sun Pharma, Dr Reddy's Reliance Industries and Ultra Tech Cement were among the gainers, rising up to 3.19 per cent. Vinod Nair, Head of Research at Geojit Financial Services, "Retail inflation persisting above the desired levels has been a major cause of concern for the Indian economy. This, coupled with declining industrial production in August may not be taken well by the ..

BofA cuts Nifty target to 17,500, cites rupee depreciation, global slowdown

In August, BofA had revised its Nifty target upwards twice citing reduction in macro uncertainty

BofA Sec cuts Nifty target to 17,500 pts amid multiple headwinds

American brokerage Bofa Securities on Thursday cut its Nifty target by 1,000 points and now expects the 50-share index to trade at 17,500 points by the end of the year. The brokerage blamed "weakening macros" for the revision, including rupee depreciation and also slowing global growth. "We cut Nifty target to 17,500 (versus 18,500) on weakening macro; higher crude, rupee depreciation, global slowdown, China revival," it said in a note. In the last few months, there have been multiple revisions to the Nifty target by the brokerage as the volatility plays out in the financial markets. The Indian macros could "deteriorate" if risks on crude and currency risks play out, it said, adding that the possibility of further earning cuts cannot be ruled out. It expects the current account deficit to come at 3 per cent for FY23 as against 2.5 per cent earlier, and sees a 0.40 per cent upside risk to the 6.4 per cent fiscal deficit target. The brokerage said it expects rupee to be trading at

Sensex slips 391 pts, Nifty holds 17K ahead of US CPI data; Wipro cracks 7%

CLOSING BELL: The NSE Nifty 50 swung wildly in a range of 17,112 to 16,957 as the weekly F&O expiry was in focus. The index finally settled with a loss of 107 points at 17,017 .

Sensex and Nifty rebound nearly 1%, snap three-day losing run

Gains in Reliance Industries, HDFC, HDFC Bank, Kotak Bank, HUL, and ITC helped indices bounce back

Sensex snaps 3-day losing streak, ends 479pts higher; Nifty reclaims 17,100

CLOSING BELL: Power majors - PowerGrid, NTPC along with FMCG and select financial shares were the major gainers in trade among the Sensex 30 on Wednesday.

Stocks to watch: HCL Tech, Wipro, Suzlon Energy, Indigo, Power Grid, REC

Stocks to watch today: HCL Technologies, Wipro will report September quarter results (Q2FY23) on Wednesday, October 12; Suzlon Energy bags 144.9 megawatt (MW) order from Aditya Birla Group

Infosys shares drop 2.6% despite buyback proposal, end at Rs 1,425

The stock underperformed both the Nifty and the Nifty IT index, which fell 1.5% and 2%, respectively

Sensex sheds 844pts in late sell-off, Nifty breaks 17,000; IT index down 2%

CLOSING BELL: Sectorally, apart from the BSE IT index, which declined 2 per cent, the Consumer Durables, Metal and Realty indices were the other major losers

Stocks to watch: TCS, Ashok Leyland, AU SFB, Adani Ports, NMDC, IDBI Bank

Stocks to watch today: TCS reported an 8 per cent rise in consolidated net profit to Rs 10,431 crore in Q2FY23; AU SFB re-appointed R V Verma as its non-executive chairman.

Markets settle lower for second straight session amid negative global cues

After tumbling over 800 points in intra-day trade, the BSE Sen­sex clawed back some lost ground to end 200.18 points at 57,991.11.

Sensex swings 760 pts, ends 200 pts down; Nifty holds 17,200; IT stocks up

CLOSING BELL: IT, select auto and banking stocks aided the market recovery on Monday. TCS gained nearly 2 per cent ahead of its Q2 result.

Stocks to watch: TCS, HUL, GCPL, Ambuja Cements, Tata Power, Bandhan Bank

Stocks to watch today: Tata Consultancy Services (TCS) will kick off India Inc's July to September (Q2FY23) earnings on Monday, October 10; HUL, GCPL slashed prices of soap products by up to 15%

Strong rebound in BFSI funds makes a good case for taking an exposure

Since these funds can be volatile, limit your exposure to 5 per cent

Metals, IT and capital goods stocks help benchmark indices rise marginally

Among Sensex shares, Tata Steel, Larsen & Toubro, ICICI Bank, HCL Technologies, Infosys and Axis Bank were among the winners

Transportation theme catches fund houses' fancy as stocks outperform

Line up new fund offers following sharp outperformance by stocks in the space

TMS Ep275:Credit Suisse, Natural Gas Price, NIFTY Earnings, Insider Trading

How big a threat is Credit Suisse to India and the world? How will high global natural gas prices affect India? Will banks and auto drive Nifty earnings in Q2? What is insider trading? Answers here