GAGA Share Market News

[hfe_template id='11223'] [ad_1] If anyone wanted a snapshot of the tight spot the U.S. economy and policymakers are in right now, they got it on Friday via the University of Michigan's latest consumer sentiment and inflation expectations survey. The results were eye-popping: consumer sentiment expectations are now the lowest since 1980 and one-year inflation expectations are the highest since 1981, above 6%. Sentiment surveys are only 'soft' data and there is much debate whether they translate into the 'hard' activity data like retail sales and hiring. Fed Chair Jerome Powell said earlier this month the link between the two in recent years has been "weak" and he has previously downplayed the U-Mich inflation expectations figures. But the direction of travel is getting harder to ignore. Consumers are spooked by President Donald Trump's trade war and fear tariffs will push up prices, forcing them to curtail spending. If this soft data ...

[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: Metal shares tumbled on Friday, emerging as the biggest losers in the day's trading, on heightened concerns that demand would take a hit if the ongoing tariff war between the US and China led to a sharp downturn. The Nifty Metal index plunged 6.6%-its worst day since the announcement of general election results in June 2024. Hindustan Copper was the top loser on the index, falling 8.9%. National Aluminium Company (Nalco), Tata Steel, Vedanta and Hindalco, all down over 8%. "The major worry for the metals sector is a global slowdown in trade post the implementation of these tariffs, which can bring down the demand for industrial goods, including metals," said Apurva Sheth, head of research at Samco Securities. Agencies Sheth said if the US enters a recession, there may be a slowdown in demand in India as well, which can hurt this sector. Live Events The US imposed tariffs of 26% on Indian imports on Tuesday.The import...

[hfe_template id='11223'] [ad_1] Morgan Stanley sold over 19.30 lakh shares in Kesoram Industries for Rs 81 lakh on Friday via block deal. The penny stock was sold at a price of Rs 4.20 per share which was at an 11% discount from Thursday's closing price of Rs 4.70. Shares of Kesoram Industries today ended at Rs 4.50 on the BSE, down by Rs 0.20 or 4.26% and a fresh 52-week-low. ETMarket's selection criteria for a scrip to fall in the penny stock category is a market capitalization below Rs 1,000 crore, a share price under Rs 20, and a minimum trading volume of 5 lakh shares. The stock's market capitalisation on BSE stood at Rs 139.79 crore with average traded shares over the last two weeks at 43,000. Kesoram Industries witnessed other deals as well where Mundhra Homes Private Limited sold over 40.81 lakh shares at a price of Rs 4.24 per share. Meanwhile, Devi Traders LLP sold 15.63 lakh shares at Rs 4.29 and Ishaan Tradefin LLP off-loaded over 49.52 lakh shar...

[hfe_template id='11223'] [ad_1] U.S. stocks rebounded on Friday as investors hunted for bargains at the end of a tumultuous week in which U.S. President Donald Trump's escalating trade war fueled recession fears and doused risk appetite. A broad rally boosted all three major U.S. stock indexes to solid gains, with recently battered tech-related megacaps enjoying a comeback. Every one of the so-called Magnificent 7 artificial intelligence-related momentum stocks advanced, although six of them remain down on the year. The S&P 500 and Nasdaq logged their biggest one-day percentage gains since November 6, the day after the U.S. presidential election. Chips were outperformers, rising 3.3%, while the FANG group of tech-adjacent momentum stocks advanced 3.2%. "I don't see a catalyst that would spark this huge upside we're seeing in markets," said Ross Mayfield, investment strategy analyst at Baird in Louisville, Kentucky. Live Events "We'...

[hfe_template id='11223'] [ad_1] It's been a forgetful week for Indian investors as equity markets fell dramatically, erasing the gains of the last four weeks. The benchmark Sensex witnessed a sharp decline, marking a loss of nearly 5% for the week. Despite the overall weak sentiments, a few smallcaps stood out, 22 of them precisely, delivering double-digit returns to investors. Fairchem Organics was the top gainer in the smallcap pack with nearly 49% returns, followed by Tanfac Industries (28%), Vakrangee (18%), and Five-Star Business (18%). About 20 stocks, including Chaman Lal Steia, 63 Moons Technologies, Cosmo First, Hampton Sky, Yasho Industries, Newgen Software, have offered returns between 10-20% during the week. Also Read: D-Street carnage extends to 5th day as Sensex crashes 1,176 pts, Nifty drops below 23,600; investors lose Rs 10.15 lakh crore In the midcap segment, only General Insurance Corp rose in double digits, gaining about 17%. Oberoi Realty and Th...

[hfe_template id='11223'] [ad_1] Technical indicators point to a bullish trend as the Nifty breaks out of a five-week consolidation, paving the way for an extended rally toward 25,200 in coming weeks, according to analysts. Stocks like Reliance, SBI, Infosys, L&T, Axis Bank, PFC, Titan, National Aluminium, Natco Pharma, MCX, CDSL, BSE, and Indian Hotels are poised for short-term upside, they added. Agencies DHARMESH SHAH HEAD OF TECHNICALS, ICICI SECURITIES Where is Nifty headed this week? On expected lines, Nifty logged a resolute breakout from fi ve weeks of consolidation (24,500-23,300) that augurs well for the extension of the ongoing up-move towards 25,200. Meanwhile, the follow-through strength in Bank Nifty post two months of consolidation breakout signifi es acceleration of upward momentum that makes us believe Bank Nifty would eventually challenge lifetime highs of 54,400. FIIs have turned positive during the week as they remained buyers on three out of fi...

[hfe_template id='11223'] [ad_1] Backed by long-term strong growth visibility, the shares of Aditya Birla Real Estate (ABREL) may go up 30% predicted global brokerage firm Nomura while initiating coverage on the stock with a ‘buy’ rating and a target price of Rs 3,700. Nomura believes that ABREL has all the qualities to rank among top 5 real estate players in India. The brokerage has cited 3 primary reasons for their optimism on the stock. First, the long-term visibility. The development potential of its 40-acre prime Worli land parcel alone could drive cumulative pre-sales of Rs 40,000 crore at +40% EBITDA margins over its lifetime on a conservative basis. Secondly, large-scale , disciplined and quality business development (BD) in Mumbai, the National Capital Region (NCR), Bangalore and Pune provides visibility on future pre-sales and margins. Lastly, as part of the Aditya Birla Group, the company benefits from strong brand equity and has an experienced senior manageme...