Page 53 - Stock Market

Nifty options hint max pain at 23,450; Adani Energy, UBL see short-covering

Meanwhile, NSE F&O data shows that FIIs were net sellers in Nifty futures for the sixth straight trading session on Tuesday, with net sales of 70,318 contracts in this period.

HCL Tech shares tumble 10%; market valuation erodes by Rs 46,987 cr

Shares of IT company HCL Tech on Tuesday slumped nearly 10 per cent after the company's December quarter earnings failed to cheer investors. The stock tanked 9.41 per cent to Rs 1,798.40 on the BSE. At the NSE, it dropped 9.63 per cent to Rs 1,797.75. The stock emerged as the biggest laggard among the BSE Sensex and NSE Nifty firms. Its market valuation eroded by Rs 46,987.11 crore to Rs 4,91,743.25 crore during the morning trade. "HCLT's 3Q numbers and 4Q guidance were underwhelming," according to Motilal Oswal Research. Other IT stock like Tech Mahindra, Infosys and Tata Consultancy Services were also trading lower. "HCL Tech reported decent revenue growth of 3.8% q-o-q in cc but missed our estimates of 4.8% q-o-q in cc with largely broad performance across geos and verticals," Shaji Nair, Research Analyst, Capital Market Strategy, Mirae Asset Sharekhan, said. IT company HCL Tech on Monday reported a 5.54 per cent uptick in consolidated net profit to Rs 4,591 crore for the De

Mapping the fall: Rupee depreciation unlikely to trigger sustained selloff

The rupee declined by 3.1 per cent since September, and Indian equity benchmarks Nifty and Sensex fell by 8.5 and 7.3 per cent, respectively, during the same period

Stock market holiday: Are BSE, NSE closed on Jan 14 for Makar Sankranti?

While banks are closed for Makar Sankranti, traders can breathe easy-BSE and NSE will operate as usual

Top 5 reasons why Sensex and Nifty fell today

Sensex dropped over 800 points or 1% to an intraday low of 76,535.24, on January 13. The Nifty also fell over 250 points, trading around 23,200.

Nifty SmallCap index can break 22-month up trend; MidCap index may tank 12%

The Nifty SmallCap and MidCap indices have plunged up to 7% thus far in 2025 as against a near 2% fall in the Nifty 50 index. Chart shows broader indices on course to test multi-month support levels.

Kumbh Mela 2025: Time for stock market cleansing? Here's what history shows

Analysis of the market data by SAMCO Securities shows that the BSE Sensex delivered a negative return during the last 6 Maha Kumbh Mela periods, followed by a net gain in the subsequent 6 months.

Market breadth turns bearish; 63% of Nifty 500 stocks below long-term avg

Analysts suggest, the markets are worried about implementation of protectionism measures by the new leadership in the US and evolving deflationary conditions especially in China.

These 5 Nifty Next 50 stocks can rally up to 17%; suggest tech charts

Technical chart shows that the Nifty Next 50 index looks weak and could slide towards 58,670 - implying an over 11% fall from present levels, whereas on the upside can jump by 6% to 70,200 levels.

India Inc may see modest revenue, earnings growth recovery in Q3FY25

According to estimates by various brokerages, the combined net profit of the Nifty 50 companies could grow 7.9 per cent year-on-year

Sensex cracks 2,500 pts in 4 days, Nifty below 50-wk average; what next?

A weekly close below the 50-WMA, shall open the doors for a likely slide towards 22,275 on the Nifty. Sensex likely to test 75,200 in the near-term.

PVR Inox, Crompton, IEX: 5 smallcap stks see Death Cross; can dip up to 13%

Technically, the term 'Death Cross' indicates a weak set-up as the stock's 50-day moving average has dropped below the long-term 200-day moving average.

Select index factor fund based on high conviction and risk appetite

A market cap-based index selects and assigns weights to stocks based on market cap, favouring larger companies

F&O Market: Union Bank, Dabur see short build-up as Nifty tumbles 300pts

Union Bank stock futures plunged nearly 8% on the back of 54% increase in OI. On the other hand, Dr. Lal Path Labs and Metropolis Health witnessed long build-up on Monday; shows derivatives data.

Weekly Outlook: Key levels to track on Sensex; Nifty headed towards 24,600?

Share Market Outlook: NSE Nifty could face interim resistance around 24,250 and 24,435, show technical charts. Here are the key levels to watch out on Sensex, MidCap and SmallCap indices this week.

NSE leads Asia in IPOs with 268 listings in 2024 across mainboard, SME

In CY24, the exchange recorded 90 successful listings on the mainboard, while 178 SMEs made their debut on NSE's Emerge, cumulatively raising Rs 1.67 trillion during the period

Ravi Nathani suggests trading strategies for Nifty Energy and FMCG today

Stock Market Today: The Nifty FMCG Index is currently trading within a crucial range of 58,050 - 55,675, and any breakout above or below this range will likely trigger significant directional momentum

Ulips will grow as Indians have faith in stock mkts: PolicyBazaar.com CEO

Singh spoke about the major trends that dominated the insurance space in 2024 and the trends to look forward to in the new year

Maruti, Eicher Motors: Can auto stocks sustain the rally? Chart check here

Technical charts show the Nifty Auto index can potentially rally another 10% to 26,180 levels; while select stocks such as M&M, Tata Motors and Ashok Leyland can surge up to 15%.

NSE enforces institutional mechanism for brokers to curb market abuse

Sebi had first issued the circular in July 2024 where it had directed stock brokers with more than 50,000 active unique client codes (UCCs) to comply from January 1, 2025