SENSEX STOCK
Market Trading Guide: Hindustan Zinc, TVS Motor among 5 stock recommendations for Friday
Equity benchmark indices Sensex and Nifty ticked higher to close at fresh all-time high levels on Thursday, following buying in market heavyweights ICICI Bank, Infosys and TCS amid a largely positive trend in global equities. The 30-share index closed 63 points or 0.08% higher at 80,049.67— its all-time closing high. The broader Nifty rose by 15.65 points or 0.06% per cent to settle at a record 24,302.15. "Technically, the index has sustained above the 24,200 barrier, indicating strength. As long as the index holds the support of 24,200, it may attempt to test the levels of 24,500-24,600," said Hrishikesh Yedve, AVP Technical and Derivatives Research at Asit C Mehta Investment Interrmediates. Here are 5 stock recommendations for Friday:
Technical Breakout Stocks: How to trade Cochin Shipyard, Bajaj Holdings and Mazagon Dock on Friday?
The Indian market closed in the green for the second day in a row on Thursday. The S&P BSE Sensex hit a fresh record high of 80,392 while the Nifty50 touched a lifetime high of 24,401.
Mcap of BSE-listed firms hit all-time high of Rs 447.40 lakh cr
The market capitalisation of BSE-listed firms hit a record high of Rs 447.30 lakh crore on Thursday with the benchmark Sensex closing at a fresh all-time high level. The 30-share BSE Sensex scaled an intraday record high of 80,392.64 in early trade. The index pared most of the gains later due to volatility and profit-taking by investors and settled 62.87 points or 0.08 per cent higher at 80,049.67.
Sensex, Nifty end flat after scaling fresh highs; HDFC Bank plays spoilsport
The Nifty breadth was skewed in the favour of the bears, with 27 stocks ending in the red, while 23 ended in positive territory. Top gainers at the close included Tata Motors, HCL Technologies, ICICI Bank, Sun Pharmaceuticals, and Tata Consultancy Services (TCS).
Sensex target is 1 lakh by December 2025 if bulls keep running at historical CAGR
Sensex surged from 70,000 to 80,000 in under 7 months, hinting at a potential reach of 1 lakh by December 2025 with a 16% historical CAGR. Since its inception at 100 in April 1979, it has grown 800 times at a 15.9% CAGR, suggesting a future landmark by December next year.
Sensex at 80,000: ICICI Bank, Nestle among top 7 stock picks of brokerages
Sensex crossed the 80,100 mark for the first time ever today, while it had achieved the 80,000 milestone on Wednesday. The journey from 70k to 80k was covered by the index in just 139 trading, its fastest ever. During this run, many stocks have shown a vertical rally, with the businesses performing extremely well. We have collated a list of stocks on which the brokerages have recently turned bullish:
- Go To Page 1
What to buy with D-St at lifetime high? Keep good company, go for largecap stocks
Reflecting on past milestones like 50,000 and 75,000 reveals them as profitable buying opportunities, with investors earning double-digit returns even from earlier 'record high' levels. The recent 10,000-point increase from 70,000 to 80,000 signifies a 14.4% growth, while reaching 90,000 from 80,000 will necessitate a 12.5% gain. Maintaining a consistent investment approach remains wise, irrespective of market highs.
GIFT Nifty signals a positive start for D-Street. Here's the trading setup for today's session
Indian equities surge with Nifty crossing 24300 and Sensex breaching 80000. Tech view sets 24900 as the next target. Dollar weakens, oil prices fall, and rupee settles lower. FII net long increases to Rs 3.78 lakh crore. DIIs buy shares worth Rs 924 crore.
Market Trading Guide: Tata Consumer Products, BHEL among 4 top stock recommendations for Thursday
Benchmark BSE Sensex breached the historic 80K level intraday for the first time while Nifty raced over 162 points to close at a fresh lifetime high on Wednesday following heavy buying in banking and FMCG shares amid firm global market trends. The 30-share closed at 79,987, up by 545 points over the last close. The Nifty climbed 162.65 points or 0.67 per cent to end at an all-time high of 24,286.50. "We are of the view that, as long as the index is trading above 24,200/79,600, the bullish structure is likely to continue. Above the same, the market could rally up to 24,400/80,200. Further upside may also continue, which could lift the index up to 24,500/80,500. However, below 24,200/79,600 the texture could change. Below the same, traders may prefer to exit out from the trading long positions," said Shrikant Chouhan, Head Equity Research, Kotak Securities. Here are 4 stock recommendations for Thursday:
Don't be afraid to be bullish, just a bit of hard work and a pinch of patience: 4 smallcap stocks for long term investors
Given how nifty and sensex are moving and market breadth is panning out, it is very likely that we are soon going to enter a phase, where the desire to own small caps would come in the category of “highest”. Another side of the story, when that happens, what will get ignored is that “risks” are also at the highest when bulls are controlling the small cap segment. For all those who still want to take exposure to them, in such times, it would be better to be cautious in selecting the stocks, better to go with buying in smaller quantities and buy stocks where the underlying business has good macro fundamentals. Refinitiv’s Stock Report Plus which lists stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy".
M&M, Power Grid, 11 other stocks outperform Sensex in its fastest 10,000 points marathon
As a NEWS EDITOR, investors are urged by Nilesh Shah to maintain a long-term perspective and proper asset allocation as Sensex reaches the 80,000 milestone. He draws parallels with Nasdaq's history and notes Gold's outperformance compared to Nifty in the first half of 2024.
Sensex hits 80K: Top 10 multibagger stocks in last 10,000-point journey
Sensex rallied past the 80,000 mark on Wednesday for the first time. The index covered a 10,000-point journey in 139 trading days after achieving the 70,000 milestone on December 11, 2023.
Don't be afraid to be bullish, just a bit of hard work and a pinch of patience: 4 smallcap stocks for long term investors
Given how nifty and sensex are moving and market breadth is panning out, it is very likely that we are soon going to enter a phase, where the desire to own small caps would come in the category of “highest”. Another side of the story, when that happens, what will get ignored is that “risks” are also at the highest when bulls are controlling the small cap segment. For all those who still want to take exposure to them, in such times, it would be better to be cautious in selecting the stocks, better to go with buying in smaller quantities and buy stocks where the underlying business has good macro fundamentals. Refinitiv’s Stock Report Plus which lists stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy".
Sensex@80,000: Fastest 10K-point rally in 139 days churns out 20 multibagger stocks
Sensex hit 80,000, its fastest 10,000-point rally from 70,000 in history. In 139 days, 20 BSE500 stocks became multibaggers. Sensex first hit 10,000 in Feb 2006, took 463 days for 20,000, and another 2,318 days for 30,000 in April 2017.
Market Trading Guide: Jyothy Labs, Safari Industries among 4 stock recommendations for Wednesday
D-Street benchmark indices Sensex and Nifty hit fresh lifetime high levels before closing flat due to profit-taking in select banking and telecom shares amid mixed global cues on Tuesday. The 30-share index declined 34.74 points or 0.04 per cent to settle at 79,441.45 in a volatile trade. The Nifty declined by 18.10 points or 0.07 per cent to 24,123.85. Analysts said investors are closely monitoring the progress of the monsoon, the forthcoming Union budget, alongside the US election, which can have potential global economic implications.
Technical Breakout Stocks: Here’s how to trade JK Paper, Solar Industries and Godrej Agrovet on Wednesday
The Indian stock market failed to hold the momentum and closed marginally in the red on Tuesday as traders preferred to book profits at higher levels.
Sensex, Nifty end with minor losses amid selling pressure in banks, auto stocks
The 30-stock S&P BSE Sensex ended the day at 79,441.45, dropping 35 points or 0.04% while the broader Nifty closed at 24,123.85, settling 18.10 points or 0.07% lower. Of the 16 sectoral indices on the NSE, 11 closed in the red while the remaining 5 ended in the green.
U-Turn: Sensex, Nifty erase gains after hitting record highs
From the Sensex pack, Infosys, HCL Tech, TCS, and Bharti Airtel opened higher, while Tata Motors, Kotak Mahindra Bank, Bajaj Finance, and ICICI Bank opened in the red.Shares of Kotak Mahindra dropped 2% after US short-seller Hindenburg said that the lender created and oversaw a fund that Hindenburg investors used to short Adani stocks.
Market Trading Guide: ACC, IndusInd Bank among 5 stock recommendations for Tuesday
Benchmark Sensex rose 443 points to close at a new record high of 79,476.19, while Nifty rose by 131.35 points to settle at a fresh lifetime high of 24,141.95 on Monday on buying in banking and IT shares in line with gains in Asian and European markets. As many as 20 Sensex shares closed higher while 10 stocks declined. Sector-wise, there was a mixed trend with IT, financials, and metals showing decent gains, while energy and realty dipped about half a percent. "The consistent buying interest on dips suggests bullish control, likely continuing the current tone. The renewed strength in midcap and smallcap segments adds further positivity. Traders should focus on selecting sectors/themes with rotational participation and consider adding positions during pauses or dips," said Ajit Mishra – SVP, Research, Religare Broking. Here are 5 stock recommendations for Tuesday:
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 29%
The bullish mode and mood of the market, which is already in place on the street as the nifty touched new high, is likely to get a boost as the first indication of return of FPI comes to markets. The budget and the narrative which gets built post that is going to play an important role in that. Maintaining fiscal discipline and announcing continuing policy push for key sectors would be key for that. We look at stocks which have witnessed a continuous rise in their score in the last one month. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
Banking stocks lift Sensex, Nifty to new heights in July opening
D-Sreet closed on a positive note on Monday, with the S&P BSE Sensex gaining 443.46 points to settle at 79,476.19. The broader Nifty index also rose, adding 131.35 points to close at 24,141.95. The banking sector showed particular strength, with the banking gauge up by 0.44%. Tech Mahindra, Wipro, Bajaj Finance, Grasim Industries, and UltraTech Cement were among the top gainers, while NTPC, Eicher Motors, Apollo Hospitals Enterprise, SBI, and Dr. Reddy's Laboratories experienced declines. Market capitalisation of all the BSE listed companies increased by Rs 344,798 crore.
Nifty bulls await directional move, auto stocks in focus
Auto stocks were in focus amid the release of June month sales numbers. Shares of Samvardhana Motherson, Hero Moto, Bharat Forge, Maruti Suzuki, and Bajaj Auto rallied over 1% each. Within the Nifty50 pack, JSW Steel, and Bharti Airtel rallied over 1%, while NTPC, Power Grid, and Apollo Hospitals fell up to 2%.
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 25%
Every now and then the nifty keeps witnessing volatile movement, the difference this week was amidst all the intraday volatility because the bias of volatility has changed, nifty was able to touch a new high. Also because market breadth was positive, the trend for the majority would be bullish. Given the fact that macros are shaping for good, it appears that there is no reason for bulls to leave their control any time soon. While being bullish, be ready for a phase of volatility. In such times, if one is taking fresh exposure to equity, ensure that there is some level of quality as far as the business and fundamentals are concerned. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
Sensex & Nifty take a breather after record sprint, profit-booking in bank stocks spoils investors’ mood
The S&P BSE Sensex and Nifty 50 both reached new record highs before retreating slightly. The Sensex ended the day at 79,033, down 0.27%, while the Nifty closed at 24,010.60, down 0.14%. The decline was led by the banking and financial services sectors, which fell up to 1%. However, healthcare and oil & gas sectors saw gains exceeding 1%.
Sensex, Nifty hit fresh peaks once again; telecom stocks in focus
The market showcases strong performance in diverse segments, with small-cap, mid-cap, and micro-cap stocks leading the positive momentum. Sectors like metal, pharma, and PSU banks also demonstrate resilience, marking a significant uptick in trading values amid the current market scenario.
Sensex extends record rally to 3rd session, ends above 79K, Nifty tops 24,000
Heavyweights RIL, HDFC Bank, and ICICI Bank were among the biggest contributors to Nifty's rise. Sectorally, buying was noticed in banks, FMCG, metals, and pharma. For Nifty50, the latest 1,000-point gain from 23,000 to 24,000 has been the 2nd fastest ever. Nifty took 23 sessions to climb 1,000 points.
Auto & FMCG stocks offer support as Sensex settles 131 points higher; Nifty tops 23,500
Investors traded cautiously amid sectoral swings. Sensex closed around 77,341, Nifty sealed the day at 23,538. Sectorally, the gains were led by auto stocks, whose index was up nearly 0.9% and the FMCG pack, which rose around 0.72%. The Nifty IT, metal, PSU bank and pharma indices spoiled the market mood.
Monday blues! Heavyweights drag Sensex 400 points lower; Nifty below 23,400
The weakness was led by selling pressure in banks and metal stocks, while FMCG and consumer durables saw some buying amid sectoral rotation. IndusInd Bank fell around 3% and was the top loser in the Nifty pack, followed by 2% plus declines in Cipla, Tata Steel, and Adani Ports. On the other hand, defensives from pharma, FMCG, and IT - Sun Pharma, ITC, Nestle, TCS, and HUL - saw buying action.
Load More
