Page 180 - Stock Market Trading

RBI's growth, inflation projection offers comfort to markets and investors

State of government finances, concessions offered to tax-payers, and the commitment to progress on the fiscal glide path is eminently complemented by the monetary measures makes this policy different

NCC share price slips 15%, hits 11-month low on disappointing Q3 results

The management has cut its revenue and margin guidance with revenue growth in FY25 now expected at 5 per cent (from 15 per cent) and margin expected at 9.25 per cent (from 9.5-10 per cent).

Bikaji Foods plunges 13%, logs sharpest intraday fall since listing post Q3

The management said the company experienced inflationary pressures in key commodities such as edible oil, potato, and besan, which impacted gross margin

Rate sensitive shares trade mixed as RBI cuts repo rate by 25 bps to 6.25%

State Bank of India (SBI), Bank of Baroda, Axis Bank, Punjab National Bank, Canara Bank and ICICI Bank from the Nifty Bank index were trading lower

Sonata Software tanks 19%, stock hits 52-week low on muted Q3 earnings

Given the ongoing challenges in the Hi-Tech and TMT sectors ICICI Securities said they maintain a cautiously optimistic stance and said they monitor margin recovery in the coming quarters.

Analysts cut targets for Trent amid slowing growth, weak consumer sentiment

While Trent reported strong profit and revenue growth, several brokerages have slashed their target prices, citing slowing growth momentum and weak consumer sentiment

Can RBI Policy trigger a breakout? Near support for Bank Nifty at 50,000

The Bank Nifty is expected to consolidate in the 50,000-50,600 range; a breakout in either direction will further set the next move for the index, says Hrishikesh Yedve of Asit C. Mehta.

Cipla stock shows strength on charts, adopt Bull Spread: Nandish Shah

Cipla share price: The short-term trend turned positive as Cipla stock price closed above its 5 and 11 day EMA

Most brokerages upbeat on Info Edge's outlook after strong Q3 results

Analysts at Nuvama have a bullish view on Info Edge, raising their target price to Rs 9,100 from Rs 8,800, citing strong growth across the business and improved margins

M&M Q3 Preview: Profit may zoom up to 22% YoY to Rs 2,981 cr; Ebitda 39%

M&M is expected to report strong performance for Q3FY25, driven by solid growth across its automotive and tractor segments

Stock Market Close Highlights: Sensex sheds 213pts, Nifty at 23,603 ahead of RBI Policy; MidCaps dip

Markets Today Highlight: Broader markets also mirrored benchmarks, with Nifty Midcap100, and Nifty Smallcap100 ending down by 1.26 per cent and 0.30 per cent, respectively

Thermax, Timken crack 44% from high; trade at multi-yr supports; what next?

Thermax was seen testing the super trend line support on the monthly scale for the first time since January 2021, while Timken India after September 2019; for trading guide check key levels here.

Cummins India jumps 5% on healthy Q3, analysts positive on long-term growth

Cummins India's profit after tax rose 11.9 per cent Y-o-Y to Rs 558.5 crore in Q3FY25, compared to Rs 498.9 crore in Q3FY24. Revenue grew 21.8 per cent to Rs 3,096.2 crore in Q3FY25

Swiggy hits 52-week low on mixed Q3 nos; most brokerages cut target price

In Q3, Swiggy's consolidated loss widened to Rs 799 crore as compared to Rs 574.4 crore a year-ago period

Lupin, Hindalco: 3 stocks to buy today by Ajit Mishra of Religare Broking

Nifty 50 Today: The Nifty index may continue to consolidate after its recent surge, but the broader trend remains positive

Markets Today: SBI, Hero MotoCorp Q3; Gold; FIIs; RBI MPC; Chamunda IPO

In the previous session, Sensex dropped 312.53 points, or 0.40 per cent, to close at 78,271.28, while Nifty50 ended lower by 42.95 points, or 0.18 per cent, at 23,696.30

Two-thirds of sectoral indices still a premium to 10-year averages

Among the sectors commanding the highest premiums are infrastructure, utilities, and consumer durables

Several companies turn to mutual funds to help finance acquisitions

Trend is expected to grow as firms explore alternative debt sources

These 2 Ashish Kacholia portfolio stocks hit new highs; jumped up to 7%

Shares of Ami Organics and Aeroflex Industries have hit new highs on the BSE in Wednesday's intra-day trade.

Info Edge stock split news: naukri.com parent shares rise; key details

During a board meeting today, Info Edge's board approved stock split. As per the filing, stock split will be of the existing 1 equity share having face value of Rs 10, into 5 equity shares