GAGA Share Market News

[hfe_template id='11223'] [ad_1] Domestic benchmark equity indices opened lower on Thursday, dragged by IT stocks after Wipro forecast a decline in revenue for the April-June quarter amid tariff turmoil. The BSE Sensex was down 303 points, or 0.39%, at 76,741, while the Nifty50 slipped 114 points, or 0.49%, to 23,323 around 9:33 am. From the Sensex pack, HCL Tech, Tech Mahindra, Tata Steel, Infosys, and TCS were the top laggards, falling up to 2.5%. On the other hand, ICICI Bank, Bharti Airtel, Sun Pharma, NTPC, and HDFC Bank opened with gains. Meanwhile, Wipro dropped 5.5% in early trade after missing fourth-quarter revenue estimates and forecasting a 1.5% to 3.5% revenue decline in the current quarter. On the sectoral front, Nifty IT fell 2.2%, with Wipro, LTIMindtree, Mphasis, and Persistent declining up to 6%. Nifty Auto and Metal indices also opened nearly 1% lower. Live Events Indian shares came under additional pressure after US Federal Reserve Chair Jerome Powell...

[hfe_template id='11223'] [ad_1] In times of crisis, investors usually flock to familiar and time-tested names. Tata Group companies fall under this category. However, a single-day crash—driven entirely by global factors—wiped out nearly Rs 1.49 lakh crore ($18.06 billion) in market capitalization within just a few hours. It serves as a stark reminder that no stock is immune during one of the most uncertain phases in recent market history. On Monday, the Sensex slumped over 4,000 points as U.S. President Donald Trump reignited recession fears with the announcement of reciprocal tariffs. Tata Motors, which has halted Jaguar Land Rover (JLR) shipments to the U.S., led the group’s slide, plunging nearly 10%. The stock lost nearly Rs 19,000 crore in market value in just three hours. Since Trump announced import duties on March 26, Tata Motors has declined 22%. The U.S. was one of JLR’s few growth markets last year, accounting for over a quarter of its global sales of Range R...

[hfe_template id='11223'] [ad_1] Stock markets went into a tailspin on Tuesday with benchmark Sensex plunging by 1,390 points due to selling in IT and private banking shares amid heightened uncertainty ahead of the anticipated rollout of US reciprocal tariffs on April 2. Stocks that were in focus include names like HAL, which rose 1.1% and Mphasis, which declined 2.2% and Infosys, whose shares declined 2.6% on Wednesday. Here's what Ameya Ranadive, Sr Technical Analyst at StoxBox, recommends investors should do with these stocks when the market resumes trading today. HAL Hindustan Aeronautics Ltd (HAL) has exhibited a strong V-shaped recovery, currently trading at Rs 4,275. The stock is a "buy on dips" candidate, with an ideal entry around Rs 4,100 for an upside target of ₹4,750. A breakdown below Rs 3,800 would negate this bullish view. Technically, HAL is trading above its 20, 50, 100, and 200 EMAs, indicating a strong upward trend. Some profit booking ma...