GAGA Share Market News

[hfe_template id='11223'] [ad_1] In a quarter marked by market jitters, Trump tariff tantrums, and valuation vertigo, India’s high net-worth individuals (HNIs) showed they’re not shy about taking bold bets but they’re also not afraid to pull the plug. Data from Prime Database reveals that HNIs poured over Rs 760 crore into battered Swiggy shares, Rs 248 crore into Eternal (earlier known as Zomato), Rs 342 crore into Jio Financial Services during the March quarter, even as they aggressively exited darlings like Nykaa and Premier Energies. This frenzy of rotation wasn’t without broader implications: the total value of HNI holdings in NSE-listed companies fell by a staggering Rs 1.02 lakh crore, dropping to Rs 8.07 lakh crore as of March 31, 2025, an 11.27% plunge from the previous quarter, according to the data. Their shareholding by value shrank to 1.98% from 2.09% in just three months. The numbers clearly suggest that HNIs used the quarter to book profits and rotate capi...

[hfe_template id='11223'] [ad_1] Mumbai: The Reserve Bank of India (RBI) Thursday conducted two overnight variable rate repo (VRR) auction in addition to a pre-announced buyback as liquidity deficit persisted in the banking system. On Thursday, RBI injected more than ₹1.45 lakh crore via two overnight variable rate repo (VRR) auctions and a buyback operation of ₹9,666 crore. The RBI will conduct a similar VRR auction on Friday for ₹2 lakh crore, along with a 14- day auction for ₹1.75 lakh crore, maturing on February 7. The two VRR auctions for ₹1.25 lakh crore and ₹50,000 crore each on Thursday were conducted as system liquidity saw a large deficit of ₹2.87 lakh crore on Wednesday, likely pressured by monthly GST outflows. Daily average deficit in January stood at ₹1.75 lakh crore. The first auction which had a notified amount of ₹1.25 lakh crore saw bids worth ₹1.69 lakh crore, while the second auction for ₹50,000 crore saw bids worth ₹20,668 crore, showing that demand ...

[hfe_template id='11223'] [ad_1] IRFC Share Price 149.75 09:35 AM | 5 Nov 2024 -3.5(-2.28%) Suzlon Energy Share Price 66.7 09:35 AM | 5 Nov 2024 0.39(0.58%) IREDA Share Price 203.5 09:35 AM | 5 Nov 2024 -1.88(-0.92%) Tata Motors Share Price 833.1 09:35 AM | 5 Nov 2024 9.0(1.1%) YES Bank Share Price 20.43 09:35 AM | 5 Nov 2024 0.11(0.5%) HDFC Bank Share Price 1706.95 09:35 AM | 5 Nov 2024 -7.15(-0.42%) NHPC Share Price 81.74 09:35 AM | 5 Nov 2024 -1.57(-1.88%) RVNL Share Price 446.75 09:35 AM | 5 Nov 2024 0.56(0.13%) SBI Share Price 832.1 09:35 AM | 5 Nov 2024 2.25(0.28%) Tata Power Share Price 429.15 09:35 AM | 5 Nov 2024 0.1(0.03%) Tata Steel Share Price 149.95 09:35 AM | 5 Nov 2024 3.0(2.05%) Adani Power Share Price 588.35 09:35 AM | 5 Nov 2024 3.36(0.58%) PayTM Share Price 753.35 09:35 AM | 5 Nov 2024 2.15(0.29%) PNB Share Price 103.49 09:35 AM | 5 Nov 2024 -0.17(-0.16%) Zomato Share Price 241.5 09:35 AM | 5 Nov 2024 -3.59(-1.47%) BEL Share Price 283.1 09:35 AM | 5 No...

[hfe_template id='11223'] [ad_1] Equity markets traded sideways throughout the session to close with losses as FIIs continue their selling streak. "Markets are facing pressure and tend to remain volatile amid uncertainty around US presidential elections slated to be held on November 5th. The second leg of Q2 results will resume in the next week post-Diwali. Market seems to have taken support at lower levels and is likely to consolidate over the next few days," said Siddhartha Khemka, Head - Research, Wealth Management, Motilal Oswal. Here's breaking down the pre-market actions: STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a negative start GIFT Nifty on the NSE IX traded lower by 68.50 points, or 0.28 per cent, at 24,305, signaling that Dalal Street was headed for negative start on Thursday. Tech View: If the index sustains above 24,500, it may extend gains to the 24,600–24,700 range, with 24,070 acting as key support. As long as it holds abo...

[hfe_template id='11223'] [ad_1] Equity markets managed to continue pull back from lower levels for the second day with recovery coming in the last hour and closed with gains "After 8% fall from all-time high, Nifty is witnessing some pull back ahead of Diwali, as investors get into festive mood. Overall, we expect the markets to remain range bound amid uncertainty with regard to US elections to be held next week. However we could continue to see sector and stock specific action as more companies announce their quarterly earnings," said Siddhartha Khemka, Head - Research, Wealth Management, Motilal Oswal. Here's breaking down the pre-market actions: STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a muted start GIFT Nifty on the NSE IX traded lower by 11 points, or 0.04 per cent, at 24,439, signaling that Dalal Street was headed for muted start on Wednesday. Tech View: Nifty could take support from the above band while on upmoves it can face resi...

[hfe_template id='11223'] [ad_1] Nifty ended Friday with weekly declines of 2.7%, falling in all five sessions during the week. When markets resume trading on Monday, a host of important domestic and global events lined up for the week are likely to impact them. On Friday, Nifty closed at 24,180.80, lower by 218.60 points or 0.9%. Commenting on the current trends, Rajesh Bhosale, Equity Technical Analyst at Angel One, stated that it was a challenging week for investors and traders, as the markets experienced a broad-based sell-off throughout, with Nifty dipping below 24,200 after two weeks of consolidation. October has been particularly tough, with the benchmark down more than 6% so far, he added. "While the daily chart may not fully capture the depth of this move, the weekly and monthly charts have shown significant distortion, suggesting potential further price corrections, followed by a possible period of time-wise correction," Bhosale said, adding that it w...

[hfe_template id='11223'] [ad_1] Indian Railway Finance Corporation Share Price 155.52 11:31 AM | 9 Oct 2024 3.71(2.44%) Suzlon Energy Share Price 79.8 11:31 AM | 9 Oct 2024 6.16(8.37%) Indian Renewable Energy Development Agency Share Price 229.4 11:31 AM | 9 Oct 2024 5.02(2.24%) Tata Motors Share Price 944.9 11:31 AM | 9 Oct 2024 25.11(2.73%) YES Bank Share Price 21.85 11:31 AM | 9 Oct 2024 0.32(1.44%) HDFC Bank Share Price 1649.0 11:31 AM | 9 Oct 2024 -2.05(-0.13%) NHPC Share Price 91.87 11:31 AM | 9 Oct 2024 1.24(1.36%) Rail Vikas Nigam Share Price 483.3 11:31 AM | 9 Oct 2024 -3.75(-0.77%) State Bank of India Share Price 801.05 11:31 AM | 9 Oct 2024 19.6(2.51%) Tata Power Company Share Price 470.15 11:31 AM | 9 Oct 2024 13.25(2.9%) Tata Steel Share Price 161.76 11:31 AM | 9 Oct 2024 2.24(1.41%) Adani Power Share Price 645.45 11:31 AM | 9 Oct 2024 4.86(0.76%) One97 Communications Share Price 736.05 11:31 AM | 9 Oct 2024 -14.56(-1.94%) Punjab National Bank Share Price 1...

[hfe_template id='11223'] [ad_1] While Nifty Bank has logged in double digit returns over the last 1 year, its performance against broader Nifty50 and its other sectoral peers remains subpar. With rising deposit cost and moderation in net interest margins (NIMs), experts remain wary of the pack, toning down their expectations from the sector that has the largest weight on the D-Street benchmarks. The 12-stock Nifty Bank has grown by 16% over a 1-year period versus Nifty's 29% in the same time. Realty towers over its other sectoral peers followed by power stocks. Nifty Realty's 1-year returns stand at 83% while BSE Power has yielded 79% returns. Others including Nifty IT, Nifty Pharma, Nifty Oil & Gas, Nifty Auto and Nifty Metal have risen between 36% and 75%. Meanwhile, BSE Cap Goods index has jumped by 59%. The index's underperformance is largely on the back of lackluster show by the private banks. In this, HDFC Bank has given returns of just 3% over a 1...

[hfe_template id='11223'] [ad_1] US-based boutique investment firm GQG Partners, best known on Dalal Street as an Adani bull, has increased the stake in GMR Airports Infra from 4.74% to 5.17% last week. "Now, on August 23, 2024, the Acquirer and PACs (persons acting in concert) acquired further shares of the Company, resulting in their shareholding crossing 5% of the share capital of the Company," GMR said in a regulatory filing. GQG had a 7.66% stake in GMR in 2023-end but due to corporate actions in July this year, the shareholding reduced below 5% of the paid-up capital of the company. GMR shares, which have outperformed with a 58% return in the last year, were trading marginally higher at Rs 96 on BSE. Also read | How Adani bull Rajiv Jain’s GQG reshuffled 13-stock portfolio in election seasonLast month, Jefferies' global equity strategist Chris Wood also added GMR Airports to its India portfolio.Jefferies on May 26 had initiated coverage on the stock w...

[hfe_template id='11223'] [ad_1] In the election-heavy June quarter, NRI investor Rajiv Jain-led GQG Partners raised stakes in 3 Adani stocks - Adani Energy, Adani Enterprises and Adani Ports - and its biggest India bet ITC. The institutional investor, on the other hand, was seen paring stakes in IDFC First Bank and Patanjali Foods in Q1 of FY24. Adani stocks After having shot to limelight for investing Rs 15,446 crore in four Adani stocks in the peak of the Hindenburg crisis in March last year, GQG's India portfolio has now surged to nearly Rs 90,000 crore with 13 stocks in the bouquet, shows data pulled from ACE Equity. During the quarter, the boutique investment firm was seen buying 3.81 lakh shares of Adani Energy, 2.46 lakh shares of Adani Enterprises and 11.14 lakh shares of Adani Ports. GQG booked profits in Adani Power and Ambuja Cements. While GQG's largest bet is Adani stocks as a conglomerate, its single largest bet remains ITC, the shares of which rec...

[hfe_template id='11223'] [ad_1] Shares of IDFC First Bank shares tumbled 3% to its day’s low of Rs 72.31 on Monday, apparently impacted by its first quarter results. Its standalone net profit fell 11% year-on-year (YoY) to Rs 680.65 crore due to increased provisions in JLG (joint liability group) business following floods in Tamil Nadu. IDFC Bank’s net interest income (NII) during the quarter rose 25.4% to Rs 4,695 crore while interest income jumped 28% to Rs 8,789 crore. The lender's net interest margin (Gross of IBPC and sell-down) reduced from 6.33% in Q1 FY24 to 6.22% in Q1 FY25. Its fee and other income grew 19% YoY from Rs 1,341 crore in Q1 FY24 to Rs 1,595 crore in Q1 FY25. Here is what brokerages say: ICICI Securities: Buy| Target price: Rs 95 IDFC First Bank has reported a broadly in-line set of numbers with strong business growth and better cost income, though higher credit costs (as guided) weighed on PAT (Rs 680 crore) and RoA (down 12bps QoQ to 91bps). ...