INDIAN STOCK MARKET GAINS
Nifty gains continue amid narrowing trading range and low volatility
The markets continued with their unabated upmove in the week that went by and ended once again with net gains. While continuing with the advance the Nifty 50 Index extended its move higher. However, as compared to the previous week, this time, the trading range got narrower as the Index oscillated 408.30 points against 824 points.
Ajay Bagga on Trump's influence and sectoral performance in Indian markets
The Chairman of Elyments Platforms highlights the slowdown in the US economy, noting softer labor markets and slowing wage growth. Despite market expectations of rate cuts in September and December, Fed officials remain cautious, waiting for more data. Bagga also discusses the potential impact of a likely Trump victory in the upcoming elections on global markets, emphasizing increased borrowing costs, lower taxes, and tighter immigration policies.
Share market update: Most active stocks in today's market in terms of volume
The NSE Nifty index closed 21.7 points up at 24323.85
Buy RateGain Travel Technologies, target price Rs 900: Prabhudas Lilladher
RateGain Travel Technologies Ltd., incorporated in the year 2012, is a Large Cap company (having a market cap of Rs 9477.98 Crore) operating in General sector.
When the stock market is a one-way street
Post-pandemic central bank policies have spurred a robust, seemingly perpetual equity rally, challenging traditional cycles. Despite economic growth concerns, instability, and geopolitical risks, markets remain resilient due to low interest rates and high liquidity. Household investments and mutual funds, driven by past returns, fuel this illusion of growth, defying expectations of a market correction.
Share price of IRCTC jumps as Sensex gains 199.17 points
Promoters held 62.4 per cent stake in the company as of 31-Mar-2024, while FII and DII ownership stood at 8.08 per cent and 2.97 per cent, respectively.
Share market update: Most active stocks in today's market in terms of volume
The NSE Nifty index closed 162.66 points up at 24286.5
Share price of IRCTC falls as Sensex gains 483.26 points
A total of 114,429 shares changed hands on the counter till 02:05PM (IST)
Indian Oil Corp. shares fall 0.02% as Nifty gains
The stock quoted a 52-week high price of Rs 196.8 and a 52-week low of Rs 85.51.
Indian Hotels shares rise 0.06% as Nifty gains
The stock quoted a 52-week high price of Rs 663.4 and a 52-week low of Rs 371.45.
Share market update: Most active stocks in today's market in terms of volume
The NSE Nifty index closed 18.11 points down at 24123.85
Shares of Indian Oil Corp. rise as Nifty gains
On the technical charts, the 200-day moving average of the stock stood at Rs 140.38.
Buy RateGain Travel Technologies, target price Rs 858: Hem Securities
RateGain Travel Technologies Ltd., incorporated in the year 2012, is a Large Cap company (having a market cap of Rs 8668.95 Crore) operating in General sector.
Shares of Indian Hotels fall as Nifty gains
On the technical charts, the 200-day moving average of the stock stood at Rs 500.59.
Bulls March Ahead! Sensex, Nifty scale fresh highs led by gains in RIL, UltraTech
Within the blue-chip Nifty50 pack, UltraTech Cement was the top gainer with an upside of 2%. Other gainers were ICICI Bank, L&T, NTPC, LTIMindtree, and Bajaj Finance. On the other hand, stocks like Apollo Hospitals, Hindalco, M&M, and HDFC Bank came under selling pressure with losses of up to 1.6%.
Indian Hotels shares up 1.78% as Nifty gains
The stock quoted a 52-week high price of Rs 661.0 and low of Rs 371.45.
Markets can gain another 10% by year end: Samir Arora
But the bottom line is that this is a big event and the FIIs who have been selling for the last few months are not going to sell like this anymore and therefore you will be in a sweet spot where domestic guys are buying and foreigners are trying to build back their positions.
Asia stocks gain, dollar drifts as inflation tests await
Asian stocks rose for the fourth month, while the dollar drifted lower. Investors await inflation readings from Europe and the U.S. for interest rate guidance.
Besides election results, a bigger worry has emerged for investors
In early May, Sensex plummeted 1,100 points amid rumors of post-election tax changes. An alleged plan to overhaul tax laws and asset class treatments worried investors. Minister Nirmala Sitharaman dismissed the claims, but speculations persist. Jefferies’ Christopher Wood warned of a potential market correction due to capital gains tax adjustments post-elections. The complex capital gains tax system in India continues to fuel speculation and calls for simplification, impacting equity investors and market growth.
Load More
