GAGA Share Market News

[hfe_template id='11223'] [ad_1] Indian benchmark indices opened flat on Monday, as gains in financial stocks were offset by losses in IT shares, amid weak global sentiment following Moody’s downgrade of the U.S. government’s credit rating on Friday. The BSE Sensex shed 60.79, or 0.07%, to open at 82,269.80, while the NSE Nifty advanced 3.05 points, or 0.01%, to open at 25,022.85. Among the 30-stock Sensex pack, shares of Infosys, Eternal, TCS, IndusInd Bank, HCL Technologies, and Reliance Industries were among the top losers, falling between 0.3% and 1.1%. The decline in IT stocks followed Moody’s downgrade of the U.S. government’s credit rating to AA1 from AAA, citing elevated debt levels and interest costs "significantly higher than similarly rated sovereigns." As IT firms earn a sizable portion of their revenue from the U.S., the Nifty IT index slipped 0.8%. In contrast, the broader markets outperformed, with the more domestically focused Nifty Smallcap 100...

[hfe_template id='11223'] [ad_1] Domestic benchmark indices opened lower on Thursday, dragged by losses in banking and auto stocks, after a strong rally earlier this week that took them to nearly seven-month highs. Analysts expect consolidation as recent gains from trade deal progress and macroeconomic stability appear to be priced in. At around 9:47 am, the BSE Sensex was down 501 points, or 0.62%, at 80,828, while the Nifty50 slipped 131 points, or 0.53%, to 24,535. From the Sensex pack, IndusInd Bank, Sun Pharma, M&M, Maruti, Kotak Bank, and Axis Bank were among the top laggards in early trade, while Tech Mahindra, Adani Ports, Tata Motors, and HCL Tech opened with gains. Among individual stocks, Tata Power jumped 2% after the company reported a 25% YoY increase in its consolidated net profit, reaching Rs 1,306 crore in Q4FY25. Eicher Motors shares surged 2% after the company posted a strong set of Q4FY25 numbers, with consolidated net profit rising 27% year-on-ye...