GAGA Share Market News

[hfe_template id='11223'] [ad_1] India Inc's Q4 FY25 earnings season continues this week, with 81 companies scheduled to release their financial results. Key names to watch include ITC, Sun Pharma, IndusInd Bank, Power Grid Corporation of India, Hindalco, Interglobe Aviation (IndiGo), ONGC, Bharat Electronics, DLF, Dixon Technologies, Solar Industries, United Spirits, Ashok Leyland, Grasim, RVNL, and Honasa Consumer. Here are the key earnings to watch out this week: May 19 Acme Solar Holdings, Bharat Electronics, DLF, DOMS Industries, Eris Lifesciences, Gujarat Gas, HEG, IRB Infrastructure Developers, Jupiter Wagons, NLC India, Petronet LNG, Pfizer, PI Industries, Power Grid Corporation Of India, Redington, Sun Pharma Advanced Research Company, The New India Assurance Company, Zydus Wellness. 20th May Aster DM Healthcare, Dixon Technologies (India), EIH, Fortis Healthcare, Gland Pharma, Godawari Power And Ispat, Gujarat State Fertilizers & Chemicals, Hindalco Ind...

[hfe_template id='11223'] [ad_1] Nine of the top 10 valued firms added Rs 3.35 lakh crore in their market valuation last week in tandem with a positive trend in equities, led by Reliance Industries. HDFC Bank, Tata Consultancy Services (TCS), ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Hindustan Unilever and ITC were the gainers among the top 10 companies. Bharti Airtel was the only laggard. Last week, the BSE benchmark gauge jumped 2,876.12 points or 3.61 per cent. The market valuation of Reliance Industries jumped Rs 1,06,703.54 crore to Rs 19,71,139.96 crore. ICICI Bank's valuation surged Rs 46,306.99 crore to Rs 10,36,322.32 crore. TCS added Rs 43,688.4 crore to take its valuation to Rs 12,89,106.49 crore. The market capitalisation (mcap) of Infosys zoomed Rs 34,281.79 crore to Rs 6,60,365.49 crore and that of HDFC Bank rallied Rs 34,029.11 crore to Rs 14,80,323.54 crore. Bajaj Finance's market valuation edged up by Rs 32,730.72 crore to Rs 5,...

[hfe_template id='11223'] [ad_1] The combined market valuation of eight of the top-10 most valued firms eroded by Rs 1,60,314.48 crore last week, with Reliance Industries taking the biggest hit, in line with a sluggish trend in equities. Last week, the BSE benchmark dropped 1,047.52 points, or 1.30 per cent. While Reliance Industries, HDFC Bank, Tata Consultancy Services (TCS), Bharti Airtel, ICICI Bank, State Bank of India, Bajaj Finance, and ITC faced erosion from their market valuation, Infosys, and Hindustan Unilever made gains on the other hand. The valuation of Reliance Industries tumbled Rs 59,799.34 crore to Rs 18,64,436.42 crore. ICICI Bank's market valuation dropped Rs 30,185.36 crore to Rs 9,90,015.33 crore. The valuation of HDFC Bank tanked Rs 27,062.52 crore to Rs 14,46,294.43 crore and that of State Bank of India dived Rs 18,429.34 crore to Rs 6,95,584.89 crore. Live Events The market capitalisation (mcap) of Bajaj Finance diminished Rs 13,798.85 cr...

[hfe_template id='11223'] [ad_1] The combined market valuation of seven of the top-10 valued firms surged by Rs 2.31 lakh crore (Rs 2,31,177.3 crore) in a holiday-shortened last week, with Reliance Industries emerging as the biggest gainer amid a largely optimistic trend in equities. While Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Infosys and ITC emerged as the gainers in the top-10 pack, Tata Consultancy Services, Bajaj Finance and Hindustan Unilever faced losses in their valuation. Last week, the BSE benchmark jumped 1,289.46 points or 1.62 per cent. Equity markets were closed on Thursday for 'Maharashtra Day'. The market valuation of Reliance Industries jumped Rs 1,64,959.62 crore to Rs 19,24,235.76 crore. Bharti Airtel's valuation surged by Rs 20,755.67 crore to Rs 10,56,029.91 crore. ICICI Bank added Rs 19,381.9 crore to Rs 10,20,200.69 crore in its valuation. The market capitalisation (mcap) of HDFC Bank rallied by ...

[hfe_template id='11223'] [ad_1] The combined market valuation of six of the top-10 valued firms soared by Rs 1,18,626.24 crore last week, with Tata Consultancy Services stealing the show with maximum gains. Last week, the BSE benchmark gauge climbed 659.33 points or 0.83 per cent, and the NSE Nifty went up by 187.7 points or 0.78 per cent. Reliance Industries Ltd, HDFC Bank, Tata Consultancy Services (TCS), State Bank of India, Infosys and ITC were the winners, while Bharti Airtel, ICICI Bank, Bajaj Finance and Hindustan Unilever took a hit in their valuation. The market valuation of TCS surged by Rs 53,692.42 crore to Rs 12,47,281.40 crore, the most among the top 10 firms. Reliance Industries added Rs 34,507.55 crore taking its valuation to Rs 17,59,276.14 crore. The market valuation of Infosys jumped Rs 24,919.58 crore to Rs 6,14,766.06 crore and that of HDFC Bank rallied by Rs 2,907.85 crore to Rs 14,61,842.17 crore. Live Events State Bank of India's market capit...

[hfe_template id='11223'] [ad_1] The combined market valuation of nine of the top-10 most-valued firms surged Rs 3,06,243.74 crore last week, with ICICI Bank and Bharti Airtel emerging as the biggest gainers, in tandem with a bullish trend in equities. Last week, the BSE benchmark gauge surged 3,076.6 points, or 4.16 per cent, and the NSE Nifty jumped 953.2 points, or 4.25 per cent. The market capitalisation (mcap) of ICICI Bank jumped Rs 64,426.27 crore to Rs 9,47,628.46 crore, the most among the top-10 firms. Bharti Airtel's valuation zoomed Rs 53,286.17 crore to Rs 9,84,354.44 crore. HDFC Bank added Rs 49,105.12 crore, taking its market valuation to Rs 13,54,275.11 crore. The mcap of Reliance Industries Ltd surged Rs 39,311.54 crore to Rs 17,27,339.74 crore and that of Bajaj Finance rallied Rs 30,953.71 crore to Rs 5,52,846.18 crore. Live Events The valuation of Tata Consultancy Services (TCS) soared Rs 24,259.28 crore to Rs 12,95,058.25 crore. The mcap of St...

[hfe_template id='11223'] [ad_1] Cigarette stocks like ITC, VST Industries and Godfrey Phillips fell up to 4% on Thursday after ET reported that the government may raise GST on tobacco products once it stops levying a compensation cess on these items. Following the news, VST Industries shares fell 4% to day's low of Rs 287.20, Godfrey Phillips stock fell about 4% while ITC fell over 2% to fall below the Rs 400-mark. As of now, cigarettes and other tobacco products face 28% GST besides cess and other levies, taking the total indirect tax to 53%. Also read | Smokey Affair: GST on cigarettes, tobacco products may be raised One of the suggestions being explored is to raise the GST to the highest permissible 40% and top that with an additional excise duty, ET reported. The idea is to ensure that the tax revenue on these products does not fall once levying of the compensation cess ends, now scheduled for March 31, 2026. The government is not keen to replace the compensatio...

[hfe_template id='11223'] [ad_1] The combined market valuation of eight of the 10 most valued domestic firms eroded by Rs 2 lakh crore last week, with Reliance Industries taking the biggest hit in line with a bearish trend in the broader stock market. Equity benchmark indices Sensex and Nifty extended their downward trend to the eighth day in a row on Friday. In the past eight trading days, the BSE benchmark has tumbled 2,644.6 points or 3.36 per cent, and the Nifty slumped 810 points or 3.41 per cent. While Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, Infosys, State Bank of India, Hindustan Unilever, Bajaj Finance and ITC faced a combined erosion of Rs 2,03,952.65 crore in their valuation, Bharti Airtel and ICICI Bank emerged as the gainers. The market capitalisation (mcap) of Reliance Industries tanked Rs 67,526.54 crore to Rs 16,46,822.12 crore. The valuation of TCS tumbled Rs 34,950.72 crore to Rs 14,22,903.37 crore. HDFC Bank's mcap eroded by...

[hfe_template id='11223'] [ad_1] The combined market valuation of six of the top-10 most valued firms surged Rs 1,18,151.75 crore last week, with HDFC Bank and Bharti Airtel emerging as the biggest gainers, in-line with firm trend in equities. Last week, the BSE benchmark climbed 354.23 points, or 0.45 per cent, and the Nifty went up 77.8 points, or 0.33 per cent. While Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys and Bajaj Finance were the gainers from the top-10 pack, Tata Consultancy Services (TCS), State Bank of India, Hindustan Unilever, and ITC faced erosion from their valuation. Together these four firms lost Rs 1.15 lakh crore from their valuation. The market valuation of HDFC Bank jumped Rs 32,639.98 crore to Rs 13,25,090.58 crore. Bharti Airtel added Rs 31,003.44 crore taking its valuation to Rs 9,56,205.34 crore. The market capitalisation (mcap) of Bajaj Finance surged Rs 29,032.08 crore to Rs 5,24,312.82 crore and that of Infosys ralli...

[hfe_template id='11223'] [ad_1] Stocks such as ITC and Cochin Shipyard will be in focus next week as they approach their record dates for corporate actions including dividends, bonus shares, and stock splits. The record date serves as a cut-off date when companies determine which shareholders qualify for corporate benefits. For shareholders to be eligible for buybacks, bonus issues, or stock splits, they must hold shares in their demat accounts on the record date. To qualify for these corporate benefits, investors need to purchase shares at least one trading day before the ex-date, as settlements occur the following day. Those who buy shares on or after the ex-date will not be entitled to these corporate actions. The following companies have upcoming ex-dates this week for various corporate actions, according to StockEdge data: Monday, February 10 Dividend Aster DM Healthcare announced a dividend of Rs 4. GPT Infraprojects announced a dividend of Rs 1. Indian Toners ...

[hfe_template id='11223'] [ad_1] 1 / 6 Brokerage Recommendations Leading brokerages have shared their latest stock recommendations, reflecting varied outlooks across key sectors for the next 12 months. Motilal Oswal has issued a "Buy" rating on Five-Star Business with a 25% upside potential, while Emkay remains bullish on Sun Pharma, projecting a robust 37% upside. Investec has upgraded UPL to a "Buy," citing operational improvements, and Jefferies continues to favor ITC with a stable outlook supported by taxation benefits. Meanwhile, JPMorgan maintains a "Neutral" stance on ONGC, noting near-term growth drivers alongside production concerns. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Agencies 2 / 6 Motilal Oswal on Five-Star Business Buy | Target Rs 930 | LTP Rs 743 | Upside 25% Motilal Oswal has given a "Buy" rating on Five-Star Business with a target price of Rs 930, indicat...

[hfe_template id='11223'] [ad_1] Markets showed volatility during the special trading session for the Union Budget and ultimately closed flat. In today's trade, shares of Power Grid, Divi's Labs, RIL, ITC, Anant Raj among others will be in focus due to various news developments and third quarter results. Power Grid, Divi's Labs, General Insurance Corp, Tata Chemicals Shares of Power Grid, Divi's Labs, General Insurance Corp and Tata Chemicals will be in focus as the companies will announce their quarterly results today. Happiest Minds Happiest Minds acquired the Middle East business of Gavs Technologies for $1.7 million. The transaction is expected to be completed by March 2025. RedTape Shares of RedTape will be in focus as the shoe manufacturer's record date for the 3:1 bonus share issue is February 3. GR Infra GR Infra posted a 8% YoY growth in its net profit at Rs 262 crore in the third quarter. However, revenues were down 21% to Rs 1694 crore. Ana...

[hfe_template id='11223'] [ad_1] India’s Union Budget has historically been a favourable occasion for ITC shares, with the cigarettes-to-hotels conglomerate's stock closing higher on nine of the last ten Budget days, averaging a 1.86% gain since 2017. However, traders remain cautious this year, given speculation that Finance Minister Nirmala Sitharaman may raise excise duties on cigarettes for the first time in three years. India had two Budgets in both 2019 and 2024 due to general elections, with interim Budgets in February followed by full-fledged Budgets later in the year. The ITC stock surged 4.51% on Budget day in 2017, followed by gains of 1.51% in 2018, 0.74% in February 2019, and 0.63% in July 2019, when the newly elected government presented its full-year Budget. The only exception to this trend came in 2020, when the stock plunged 6.97% after an unexpected increase in National Calamity Contingent Duty (NCCD) on cigarettes. However, the stock rebounded in su...

[hfe_template id='11223'] [ad_1] The combined market valuation of four of the top 10 valued firms declined by Rs 1,25,397.45 crore last week, with Reliance Industries taking the biggest hit, in line with weak investors' sentiment at Dalal Street. Last week, the BSE benchmark index declined by 428.87 points or 0.55 per cent, and the Nifty dipped 111 points or 0.47 per cent. "It was another tough week for the Bulls, as the Nifty ended in the red for the third consecutive week. Despite favourable conditions for a comeback, the bulls failed to capitalize on them," Santosh Meena, Head of Research, Swastika Investmart Ltd, said. The market valuation of Reliance Industries slumped by Rs 74,969.35 crore to Rs 16,85,998.34 crore. The valuation of Life Insurance Corporation of India (LICI) eroded by Rs 21,251.99 crore to Rs 5,19,472.06 crore. State Bank of India's valuation diminished by Rs 17,626.13 crore to Rs 6,64,304.09 crore and that of ICICI Bank tumbled Rs...

[hfe_template id='11223'] [ad_1] With India gearing up for its Union Budget on February 1, investors in ITC will be watching closely as tax policy on cigarettes takes center stage. Brokerage Nuvama Research has predicted a low likelihood of a sharp tax hike, citing recent trends and the impact of urban economic slowdown on legal cigarette volumes. The cigarette segment remains a crucial revenue driver for ITC, contributing more than four-fifths of tobacco tax revenue in India despite accounting for less than 10% of total tobacco consumption. ITC has actively countered illicit trade by introducing differentiated and premium cigarette offerings under brands such as Classic, Gold Flake, and Bristol, Nuvama noted. Nuvama Research said that a modest tax hike last year and gradual recovery in legal cigarette volumes, which grew approximately 3% year-over-year (YoY), make significant tax increases improbable for the upcoming budget. However, any potential sharp hike—exceeding 1...

[hfe_template id='11223'] [ad_1] The combined market valuation of four of the top-10 most valued firms eroded by Rs 96,605.66 crore last week, with HDFC Bank taking the biggest hit. While Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank and State Bank of India suffered erosion from their valuation, Reliance Industries, Bharti Airtel, Infosys, ITC, Life Insurance Corporation of India (LIC) and Hindustan Unilever were the winners. Together they added Rs 82,861.16 crore in combined market valuation. The market valuation of HDFC Bank tumbled Rs 37,025.46 crore to Rs 13,37,919.84 crore. ICICI Bank's valuation slumped Rs 29,324.55 crore to Rs 8,93,378.50 crore. The market capitalisation (mcap) of TCS tanked Rs 24,856.26 crore to Rs 14,83,144.53 crore and that of State Bank of India declined Rs 5,399.39 crore to Rs 7,08,168.60 crore. However, the mcap of Reliance Industries surged Rs 41,138.41 crore to Rs 16,93,373.48 crore. The valuation of Hindustan Unilever soar...

[hfe_template id='11223'] [ad_1] ITC shares will remain in focus on Wednesday as the much-awaited demerger of ITC Hotels comes into effect from today, January 1, but the record date for ITC shareholders would be January 6. Under the demerger scheme, ITC shareholders whose names will appear in the list of shareholders on January 6 will get one share of ITC Hotels for every 10 units of the parent company. ITC Hotels said it will issue equity shares directly to the shareholders of ITC in a manner that about 60% stake is held directly by ITC shareholders proportionate to their shareholding in ITC and remaining about 40% stake to continue with ITC. On January 6, the record date of the demerger, BSE and NSE will have a special trading session to discover the fair price of ITC Hotels. Assuming that ITC Hotels will list at an EV/EBITDA multiple of 20.0x-30.0x, the share price of ITC Hotels Ltd is expected to list in the range of Rs 113 to Rs 170 per share, shows calculations don...

[hfe_template id='11223'] [ad_1] Indian benchmark indices faced resistance around 23,900 after touching those levels in the early trade on Monday and finally ended in the red, dragged by banks and auto stocks. While the broader Nifty closed at 23,644.90, lower by 168.50 points or 0.71%, the 30-stock S&P BSE Sensex settled at 78,248.13, down by 450.94 points or 0.57%. When markets resume trading today, Adani Enterprises, Adani Wilmar, EaseMyTrip, will be in focus due to various related developments. Adani Enterprises, Adani Wilmar, EaseMyTrip, ITC, Mazagon Dock Shipbuilders and Zomato Adani Enterprises and Adani Wilmar Adani Enterprises on Monday announced its decision to fully exit its 44% holding in Adani Wilmar, in a bid to shift focus on its infrastructure platforms. The exit will take place in two phases with the first being a stake sale to Wilmar International’s wholly-owned subsidiary, Lence Pte Ltd, and a partial divestment to meet public shareholding requirem...

[hfe_template id='11223'] [ad_1] The BSE Sensex undergoes its periodic rebalancing on December 23, to reflect India’s evolving market dynamics. Food delivery firm Zomato replaces steel giant JSW Steel in the 30-share benchmark index. This reshuffle is set to drive $513 million in inflows into Zomato, while JSW Steel faces $252 million in outflows as institutional investors adjust portfolios, according to estimates by brokerage firm Nuvama. Here is a list of 6 stocks undergoing the Sensex reshuffle: Zomato Zomato’s inclusion in the Sensex sheds light on the rising prominence of tech-driven companies. The stock is set to receive inflows of $513 million, with an average volume impact of 2.6x, according to brokerage firm Nuvama. Zomato has seen its share price climb 126% over the past year and with its value growing to a market capitalization of Rs 2.72 lakh crore. JSW Steel JSW Steel will exit the Sensex, resulting in an estimated $252 million in outflows and an average vol...

[hfe_template id='11223'] [ad_1] Extending the winning run to the third straight day, benchmark Sensex jumped 597 points on Tuesday on buying in blue-chip stocks and firm trends in global markets. Stocks that were in focus include names like Sky Gold, which rose 5% and Mazagon Dock, which gained 3.36% and ITC, whose shares declined 1% on Tuesday. Here's what Viral Chheda, Sr Analyst at SSJ Finance & Securities, recommends investors should do with these stocks when the market resumes trading today. SKY Gold After making low around 1092 in June 2024, price has witnessed a Bull Run to make an all time high of 4245. Price has given almost 289% returned from its lower level as Bulls were having full control over the price. During this period price has made a Higher Top and Higher Bottom Pattern. From highs price has given some correction to test the support of 20 DMA around 3530 and gave some pullback from that level. Price looks good for the long term also an increas...