STOCK BENCHMARKS

Global trends, trading activity of foreign investors to guide movement in mkts this week: Analysts

Stock markets will take cues from trading activity of foreign investors and global trends this week with benchmark equity indices likely to face volatility amid the scheduled monthly derivatives expiry, analysts said. Moreover, factors such as the progress of monsoon and Brent crude oil would also dictate investors' sentiment during the week.

Pakistani stocks cross 80,000-mark for the first time, end lower

The index closed up by 0.08% after reaching an intraday record high of 80,059 points, marking a 1.6% increase. The market rally was primarily driven by the annual budget, which bolstered the likelihood of a new bailout from the International Monetary Fund, as anticipated by investors.

Is the stock market closed today for Eid-al-Adha (Bakri Eid) holiday?

Share Market Holiday: Apart from Bakri Eid (June 17), in 2024, the markets will be shut for Muharram (July 17), Independence Day (August 15), Mahatma Gandhi (October 2), Diwali (November 1), Gurunanak Jayanti (November 15) and Christmas (December 25).

Goldman Sachs boosts S&P 500 target on upbeat profit outlook

Goldman Sachs Group Inc. raises S&P 500 year-end target to 5,600, reflecting optimism for earnings growth and the US economy.

Mcap of BSE-listed firms at another record high of Rs 434.9 lakh crore

The market capitalisation of BSE-listed firms hit another record high of Rs 434.88 lakh crore on Friday as the BSE benchmark scaled new closing peak, rallying for the third day running.

D-St benchmarks settle at new peaks! Sensex rises 204 points; Nifty tops 23,350

Indian equity benchmarks reached new highs driven by US rate-sensitive IT stocks following softer-than-expected US inflation data, fueling anticipation of earlier interest rate cuts by the Federal Reserve.

Plea in SC seeks Centre, SEBI to submit report in Jun 4 stock market crash

A plea filed in the Supreme Court calls for a detailed report on the stock market crash following the election results, with losses reaching billions. The plea seeks action to strengthen regulations and protect investors, citing concerns over market volatility and lack of change despite previous directives.

Stocks in news: Hero MotoCorp, ICICI Bank, ITC, PB Fintech, Tata Chemicals, Indian Oil

Benchmark indices show positive momentum for the second consecutive day with lower volatility compared to the results day. Hero MotoCorp, ICICI Bank, ITC, PB Fintech, Tata Chemicals, and Indian Oil are in focus for various news developments. Allcargo Terminals, Bajaj Finserv, RVNL, Muthoot Microfin, and Pidilite Industries have also made significant announcements.

Investors' wealth climbs Rs 21 lakh cr in two days of stock market recovery

Thanks to the optimistic trend in equities, the market capitalisation of BSE-listed companies climbed Rs 21,05,298.11 crore to Rs 4,15,89,003.38 crore (USD 4.98 trillion) in two days.

European stocks at record on tech and ECB bets

The pan-European STOXX 600 benchmark rose by 0.7%, with the technology subindex surging 2.6%, driven by significant gains from Wall Street's tech giants.

85% smallcap mutual funds outperform benchmarks in May

Around 85% of small cap mutual funds outperformed benchmarks in May, with 23 out of 27 funds beating their respective benchmarks. Aditya Birla Sun Life Small Cap Fund, Axis Small Cap Fund, and Canara Rob Small Cap Fund were top performers.

Balkrishna Industries, IndiGo among 10 stocks that may gain from cheaper crude oil

​The US benchmark oil contract, WTI, traded below $74 per barrel on Wednesday amid expectations of a supply boost later in the year as OPEC+ begins to unwind some output cuts. Brent futures similarly declined to $78 a barrel. As crude oil prices decline, stocks in the paints, rubber, plastic, and chemicals sectors stand to benefit. According to StockEdge data, here is a list of stocks that are expected to gain from the drop in crude oil prices:

Market Meltdown: Rs 30 lakh crore wiped off as poll verdict trend sends Sensex plummeting over 4,300 points

The broader NSE Nifty dropped 1,379 points or 5.93% to end at 21,884. Intraday, the indices fell as much as 8.5%, on track for their worst session since the onset of the Covid-19 pandemic. On Monday, the exit poll euphoria had helped indices jump over 3% on projections that the BJP-led alliance would likely get a two-thirds majority in the lower house. Barring the Nifty FMCG index, all the sectoral indices closed in deep red. Nifty Bank fell 8%, Realty fell 9.6%, PSU Bank fell 15%, while Oil & Gas fell 11.8% and Metal fell 10.6%.

NDA vs INDIA Bloc: Stock markets bleed on results day, investors lose Rs 30L Cr

These stocks resist market bloodbath to rally up to 4% amid election outcome jitters

Initial poll result trends triggered a market bloodbath but some stocks like HUL, Dabur, and DMart resisted the . NDA leads but may not get a strong majority. Market fell over 7%, with HUL gaining. Analysts predict more correction if NDA falls below 300 seats.

Thematic focus on infra, renewables and real estate likely to continue: Harsh Gupta Madhusudan

Chinese valuations are roughly half of India's, but Chinese earnings growth is also significantly lower. The China trade is more tactical and opportunistic.

Traders bearish on June, Nifty slips 216 points

Analysts said foreign fund managers have predominantly rolled over bearish positions to June, while domestic traders remained bullish though the benchmark indices extended losses to the fifth straight trading session.

How results of Lok Sabha polls will impact sensex, Nifty

According to a Bloomberg News survey of market participants, Indian stocks require Prime Minister Narendra Modi's party to secure more than 303 seats in the general election to continue their unprecedented rally. The survey, which included 32 asset managers, strategists, and dealers, suggests that a reduced majority for the ruling BJP could result in a 2% decline in the NSE Nifty 50 Index, along with potential losses in the rupee and sovereign bonds.

India’s equity rally hinges on Modi bettering 303-seat tally

Indian stocks' performance is closely tied to the Bharatiya Janata Party's election success. A Bloomberg News survey suggests that if the party wins over 303 seats, stocks could rally; otherwise, a drop is expected.

Oberoi Realty, Ashok Leyland among 5 small & midcap stocks that hit new 52-week highs on Tuesday

Indian equity benchmarks advanced on Tuesday, helped by gains in metal stocks on higher global aluminium prices and an earnings-led rally in pharma shares. Meanwhile, in today's trading session, five small and midcap stocks from the Nifty200 index reached a new 52-week high. Here's the list:

Monday rally fizzles: Profit-booking, energy stocks push Sensex over 600 points off peak

Sensex, Nifty closed marginally lower. Uncertainty over the results of the ongoing general elections put volatility at a high with VIX surging almost 90% in the last one month, including climbing 6.8% on the day. The broader NSE Nifty dropped 25 points or 0.11% to end at 22,932. Wipro, NTPC, Sun Pharma, M&M, ITC, and Reliance Industries were the top Sensex laggards, falling up to 2.3%.

IT stocks sink, dragging Sensex, Nifty to flat close

IT stocks closed lower amid concerns over tighter-for-longer US monetary policy. Sensex settled at 75,410.39 while broader NSE Nifty ended at 22,957. HDFC Bank, Bharti Airtel, L&T, Axis Bank, NTPC, and UltraTech Cement saw gains, while Tech Mahindra, Asian Paints, TCS, M&M, and Titan closed with losses.

New highs on D-Street! Nifty scales Mt 23K, Sensex hits fresh peak

Indian benchmark equity indices Nifty and Sensex hit fresh record highs on Friday, led by banking and financial stocks, despite robust U.S. economic data.