Markets
Sensex, Nifty end in red; here’s what experts make of today’s trading session
Falling, on three out of four trading sessions this week, Sensex and Nifty closed the week down 2% each. (Image: REUTERS) Sensex and Nifty ended the week’s last trading session in the red. S&P BSE Sensex closed S&P BSE Sensex closed 202 points lower at 47,878 while the Nifty...
Petrol and Diesel Price Today in India: Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad and More Cities
Mumbai’s petrol cost is the highest across major cities today at Rs 96.83 per litre. (Image: REUTERS) Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Prices of Petrol and Diesel remain unchanged today for the eights consecutive day. Fuel prices were last cut on April 15...
Wipro beats HCL Tech in m-cap; becomes 3rd most valued IT company in India
Wipro announced its commitment to achieving Net-Zero Greenhouse Gas (GHG) emissions by 2040 in line with the objective of the Paris Agreement Wipro share price hit Rs 486.70 apiece on BSE today, taking the company’s total market capitalisation to Rs 2.65 lakh crore. IT major Wipro has pipped HCL...
Gold prices edge higher, follow international market; check MCX gold resistance, support levels
Gold prices saw routine downside correction yesterday after five days of gain. Image: reuters Gold prices were trading firm on Friday, following international markets as a softer US dollar, falling Treasury yields and a dip in equities increased yellow metal’s safe-haven appeal. MCX gold June futures were trading Rs...
Jindal Steel and Power share price jumps 9% so far this week; steel cycle could help extend rally
On Friday, Jindal Steel and Power shares were trading at Rs 438 apiece, down 0.7% amid the weak market sentiment. (Image: REUTERS) Jindal Steel and Power share price is up 9% so far this week while benchmark indices continue to remain range-bound. The stock started rallying after the company...
SGX Nifty down 75 pts, Sensex, Nifty stare at gap-down start; 5 things to know before market opens
Market participants will take cues from rising COVID-19 cases, oil prices, corporate earnings, rupee movement and other global cues. Image: Reuters SGX Nifty was trading over half a per cent weak in the early morning trade, hinting at a gap-down start for BSE Sensex and Nifty 50 on Friday....
Share Market LIVE: Sensex moves between gains and losses in pre-open session, Nifty gives up 14,400
Share Market News Today | Sensex, Nifty, Share Prices LIVE: On Friday morning, SGX Nifty slipped 50 points, hinting at a gap-down start for equity markets. via India Infoline
HCL Tech, Vedanta, RIL, Future Retail, Tata Motors, Wipro, HDFC, M&M, Torrent Power stocks in focus
Asian stock markets were seen trading weak, taking cues from an overnight drop on Wall Street. SGX Nifty hints at a negative opening for domestic equity benchmarks BSE Sensex and Nifty 50 on Friday. In the previous session, the 30-share index ended 374 points higher at 48,080 while the...
Analyst Corner: ‘Buy’ on Brookfield India REIT with DCF-based TP of Rs 296
We expect BREIT’s Net Operating Income (NOI) to grow at a 9% CAGR over FY21-23E based on the expected ramp up in occupancies in existing assets, annual rental escalations (4-5% annual escalation in existing contracts) and mark-up of leases which are expiring. (Representative image) We initiate coverage on Brookfield...
Nestlé: Maintain ‘buy’ with target price of Rs 20,000
Q1CY21 results were resilient and impressive despite high base, Nestlé’s domestic sales growth at 10.2% y-o-y was volume and mix-driven. By HSBC Global Research Nestlé’s Q1CY21 10.2% y-o-y India sales growth despite a strong base, with 17% EBITDA growth, indicates resilience. But Nestlé significantly underperformed last year, driven by...
Uttar Pradesh govt purchases 5.24 lakh tonne wheat in 22 days
For the benefit of farmers, the government has started geo-tagging of all storage godowns and purchasing centers through remote sensing application centre. The Uttar Pradesh government has procured 5.24 lakh tonne of wheat in the first 22 days of the ongoing rabi marketing year, which began on April 1....
Nureca share price hits upper circuit for 4th straight day; investors money more than doubled so far in April
With the increasing number of COVID cases, the demand for its products is increasing which is directly benefiting the company. Image: Reuters Nureca share price hit the upper circuit for the fourth consecutive day on Thursday, rising 5 per cent to Rs 1,218.60 apiece. The stock of home healthcare...
Sensex, Nifty rebound to end with gains; are bulls gearing up for a comeback?
Bank stocks came back from the lows with ICICI Bank gaining 3.6% to end as the top Sensex gainer. (Image: REUTERS) Stock markets closed with gains on Thursday, coming back strong after having opened with losses. S&P BSE Sensex closed 374 points higher at 48,080 while the 50-stock NSE...
Zerodha’s Nikhil Kamath lauds SEBI for protecting investors; says startup valuations may correct
Lauding the capital markets regulator Securities Exchange Control Board of India (SEBI), Nikhil Kamath, co-founder Zerodha today said that the regulatory body has worked towards protecting investor’s interest. (Image: REUTERS) Lauding the capital markets regulator Securities Exchange Control Board of India (SEBI), Nikhil Kamath, co-founder Zerodha today said that...
SGX Nifty jumps over 100 pts, Sensex, Nifty may open in green; 5 things to know before market opens
Market participants will closely watch the rising COVID-19 cases, on-going vaccination drive, oil prices, rupee movement amid weekly F&O expiry. Domestic equity markets were staring at a positive opening on Thursday, after falling for two consecutive days. In the previous session, BSE Sensex ended at 47,705, while the broader...
Petrol and Diesel Price Today in India: Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad and More Cities
Petrol and Diesel prices are fixed on the basis of freight charges, local taxes, and VAT. Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Prices of Petrol and Diesel remain unchanged today for the seventh day running. Fuel prices were cut on April 15 after having...
Nifty Dec 2021 target seen at 16,100, down 6% from previous target; discretionary, autos under pressure
With the acceleration in digitisation initiatives undertaken by the Indian companies, the IT sector will be unaffected by the domestic challenges. Image: Reuters The second COVID-19 wave has proven to be more dangerous with India reporting over 3 lakh cases per day. The market has been witnessing a significant...
Share market in for ‘sharp correction’ soon; Credit Suisse favours cyclicals over defensive stocks
Indian share markets are expected to see a ‘sharp correction’ soon, as profit booking continues in the coming weeks. (Image: REUTERS) Indian share markets are expected to see a ‘sharp correction’ soon, as profit booking continues in the coming weeks, Credit Suisse said. “We believe the equity market could...
