GAGA Share Market News

[hfe_template id='11223'] [ad_1] The Indian market is likely to consolidate on Monday, tracking mixed global cues. Nifty futures closed marginally higher on Friday with gains of 0.01%, settling at 25,081. Meanwhile, India VIX declined over 2% to close at 16.55, indicating a drop in market volatility. On the options front, the highest Call open interest (OI) is seen at the 25,500 and 25,100 strike prices, while the maximum Put OI is placed at 25,000 and 24,500 strikes. Call writing is observed at 25,500 and 25,000 strikes, whereas Put writing is active at 25,000 and 24,700 levels. “Options data suggests a broader trading range between 24,500 and 25,500, with an immediate range seen between 24,850 and 25,250,” said Chandan Taparia, Analyst–Derivatives at Motilal Oswal Financial Services. Live Events “On the daily chart, Nifty50 formed a small-bodied candle on Friday, indicating a pause after the recent sharp up-move,” he added.Taparia recommends that Nifty must hold above ...

[hfe_template id='11223'] [ad_1] The Indian market is expected to consolidate on Wednesday amid rising geopolitical tensions between India and Pakistan. On Tuesday, Nifty futures closed lower by 0.56% at 24,415. India VIX, a gauge of market volatility, rose over 3% to close at 19 in the previous session. On the options front, the maximum Call Open Interest (OI) is seen at the 24,500 and 25,000 strike prices, while the maximum Put OI is at 24,400 and 24,000 strikes. Call writing was observed at the 24,400 and 24,500 levels, while Put writing was seen at 24,400 and 24,200. “Options data suggests a broader trading range between 23,800 and 24,800 zones, with an immediate range between 24,100 and 24,600,” said Chandan Taparia, Analyst–Derivatives at Motilal Oswal Financial Services. Live Events “Nifty formed a bearish candle on the daily chart on Tuesday, closing with losses of around 80 points. The index has been forming lower highs for the past two sessions,” he added.“For ...

[hfe_template id='11223'] [ad_1] Shares of Motilal Oswal Financial Services fell as much as 4.9% to Rs 660.15 on the BSE on Monday, extending a two-day slide to 12.6% after the company posted its first quarterly loss in five years. Motilal Oswal Financial Services (MOFSL) reported a net loss of Rs 63.2 crore for the fourth quarter of FY25, compared with a profit of Rs 724 crore in the same period last year. This marked the company’s first quarterly loss since the January–March period of FY20. The loss was primarily driven by a fall in fair value changes, with a net loss of Rs 430 crore in the quarter compared to a net gain of Rs 424 crore a year ago. Total revenue from operations fell 44% year-on-year to Rs 1,190 crore during the quarter ended March 2025. However, operating profit stood at Rs 519 crore for the quarter, helping the full-year figure cross Rs 2,000 crore — a growth of 31% from the previous year. The stock had closed 8% lower at Rs 694.90 on Friday, when the...

[hfe_template id='11223'] [ad_1] India’s Banking and Financial Services (BFSI) sector has transformed at a historic pace, driven by digitalization, regulatory reforms, and the rise of fintechs. Over the last two decades, the sector's market capitalization has surged more than 50 times—from INR 1.8 trillion in 2005 to INR 91 trillion in 2025—accounting for 27% of India’s GDP. This growth has not only reshaped the sector’s structure but also elevated its prominence in equity markets. BFSI now comprises 38% of the Nifty-50 Index, up from 15% in 2004. While banks continue to form the sector’s backbone, their share in total BFSI market cap has declined from 85% to 57%, making room for NBFCs, insurance, capital markets, and fintech players. Private banks have nearly doubled their credit market share to 43% in FY25, up from 21% in FY14, fuelled by retail lending, tech-driven distribution, and superior asset quality. PSU banks, after losing 20% share between FY11–21, have li...

[hfe_template id='11223'] [ad_1] Shares of ICICI Bank, India’s second-largest private-sector lender, surged 2.15% to a new 52-week high of Rs 1,437 on Monday, as domestic brokerages turned bullish following the bank’s strong Q4FY25 performance. The lender reported an 18% year-on-year (YoY) increase in net profit to Rs 12,630 crore, prompting analysts to reaffirm their positive outlook and revise target prices upward, citing robust fundamentals, steady growth in loans and deposits. The lender’s net interest income (NII) for the quarter increased 11% YoY to Rs 21,193 crore. For the entire financial year FY25, the bank’s profit after tax climbed 15.5% YoY to Rs 47,227 crore. The bank also announced a dividend of Rs 11 per share. In Q4FY25, the net interest margin (NIM) stood at 4.41%, up from 4.25% in Q3FY25 and slightly above the 4.40% recorded in Q4FY24. The NIM for the full year came in at 4.32%. Live Events Here's what brokerages said post Q4 earnings show: Nuvama: ...

[hfe_template id='11223'] [ad_1] Indian markets are likely to open higher on Tuesday, tracking positive global cues. The Nifty futures closed with strong gains of 2.08% at 22,948 on Friday. Meanwhile, India VIX declined over 6% to end at 20.11 in the previous session, indicating easing volatility. On the options front, maximum Call open interest (OI) is seen at the 24,500 and 24,000 strike prices, while maximum Put OI is placed at 22,500 and 22,000 strikes. Call writing was observed at the 22,800 and 23,500 strikes, while Put writing was seen at 22,800 and 22,700 strikes.“Options data suggests a broader trading range between 22,200 and 23,300, with an immediate range between 22,500 and 23,100,” said Chandan Taparia, Analyst - Derivatives at Motilal Oswal Financial Services. Live Events “On the technical front, the Nifty gave a breakout from an inside bar pattern on the daily chart and formed a large bullish candle on the weekly chart last week—indicating a shift in momen...

[hfe_template id='11223'] [ad_1] Indian corporates shattered fundraising records in FY2024-25, mobilizing a staggering Rs 19.96 lakh crore through a mix of equity and debt instruments, despite volatile market conditions and global economic headwinds. The data, compiled by PRIME Database, highlights a strong appetite for capital across both primary equity markets and debt channels - making it the highest ever fundraising in a single fiscal year. While market sentiment remained uneven through parts of the year, companies rushed to seize favourable windows, leading to record equity mobilisation of Rs 3.71 lakh crore - nearly double that of the previous year. The surge was powered by blockbuster IPOs, a revival in Qualified Institutional Placements (QIPs), and robust participation in private debt placements. Mainboard IPOs alone raised Rs 1.62 lakh crore. Here’s a look at the data compiled by PRIME Database: Equity fundraising doubles as IPOs roar back Total equity mobilisat...

[hfe_template id='11223'] [ad_1] A look at select stock futures contracts that have seen strong rollovers to the March series, and their near-term outlook. While Voltas, HDFC Bank and Coal India are witnessing a contrarian bullish trend, analysts see more weakness in MCX. Voltas CMP: Rs 1,322 Change in Open Interest in March Series:21% Change in Price in March Series: 0.71%After having dropped 32% from the all-time high, stock futures of the consumer goods manufacturer are seeing a bullish build-up. “The stock is now showing signs of a gradual recovery and has reclaimed its short-term moving average, the 20-day EMA (exponential moving average), in the last trading session. The indicators suggest that the ongoing recovery is likely to gain further strength,” said Ajit Mishra, senior vice president of research at Religare Broking. Mishra recommends buying Voltas March Futures in the range of Rs 1,295-1,305 with stop loss at Rs 1,240 for a potential target of Rs 1,425. HDFC...

[hfe_template id='11223'] [ad_1] Mumbai: Shares of Reliance Industries (RIL) hit their lowest level in fourteen months on Wednesday as traders mounted bearish derivative bets in the wake of foreign institutional selling. The stock made a low of ₹1,193.35 on Wednesday - the lowest since December 2023 - before rebounding to close at ₹1,216.55, down 1.4% over the previous day's close. "FIIs have been continuously selling in Indian markets, impacting broad indices. We believe Reliance Industries, being an index stock with larger weight on indices, must have got impacted due to this continuous selling," said Anita Gandhi, founder and head of institutional broking at Arihant Capital. Gandhi also said that the GRMs(gross refining margins) of OMCs (oil marketing companies) have been pretty low compared to past year, which has led to some weakness in all oil refiners, including Reliance. Reliance shares declined 16.2% in the past year as against the Nifty's gain...

[hfe_template id='11223'] [ad_1] Markets exhibited high volatility on the monthly expiry day but managed to extend its winning streak for the third consecutive session. In today's trade, shares of Nestle, Vedanta, L&T, Motilal Oswal, Greenlam Industries among others will be in focus due to various news developments and third quarter results. Nestle India, IndusInd Bank, Sun Pharma, ONGC, Vedanta, Marico Shares of Nestle India, IndusInd Bank, Sun Pharma, ONGC, Vedanta and Marico will be in focus as the companies will announce their third quarter results today. L&T Larsen & Toubro (L&T) reported a 14% year-on-year growth in its December quarter consolidated net profit at Rs 3,359 crore versus Rs 2,947 crore posted in the year ago period. Tata Consumer Tata Consumer Products reported a flattish net profit growth in the third quarter at Rs 279 crore. This compares with Rs 279 crore in the same quarter of last year. Motilal Oswal Markets regulator Sebi on ...

[hfe_template id='11223'] [ad_1] In a month marred by Adani Group's bribery scandal, relentless foreign investors selling and ramp up of geopolitical tensions, the domestic markets performance was resilient and even buoyant towards the end of November. November, where two halves painted a completely different story, saw benchmark Sensex gaining just over 0.5%. The fag-end rally for the month was broad-based as capex-linked sectors like infra, capital goods, and industrials outperformed in expectation of a surge in new order inflows. Further, the decline in Brent crude also added to the positive sentiments. During the month, about 130 smallcap stocks delivered double-digit returns with 27 of them gaining 25% or more. The returns went as high as 63% from Vimta Labs, which was followed by Avalon Technologies (62%), Banco Products (59.6%) and Pix Transmissions (58.71%). In the same period, nearly 98 smallcaps declined in double-digits with Honasa Consumer, Kamadhenu Vent...

[hfe_template id='11223'] [ad_1] ET Intelligence Group: The stock of Persistent Systems, a mid-tier IT services company, has gained 10% since its second-quarter result announcement last Tuesday, taking the three-month return to 20%. The stock has remained buoyant following the company's strong business momentum in the September quarter, even as the broader market has shown weakness. The key business vertical of hi-tech and emerging industries, where the revenue growth has been sluggish over the past few quarters, is likely to show a turnaround given the new deal wins. The company's management also expects to improve the operating margin in the second half of the fiscal year with rising utilisation levels. The company reported above 5% sequential revenue growth for the second consecutive quarter. Revenue grew by 5.3% to $345.5 million, driven by the banking, financial services and insurance (BFSI), and healthcare verticals, contributing 59% to the top line. Each o...

[hfe_template id='11223'] [ad_1] The Indian market is expected to trade higher on Tuesday tracking positive global cues. The Nifty future closed negative with losses of 0.77% at 24757 levels on Monday. On the options front, the maximum Call OI is placed at 25000 and then towards 25500 strikes while the maximum Put OI is placed at 24000 and then towards 24500 strikes. Call writing is seen at 25000 and then towards 24800 strikes while Put writing is seen at 24750 and then towards 24000 strikes. “Options data suggests a broader trading range in between 24500 to 25300 zones while an immediate range between 24600 to 25000 levels,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said. “Nifty formed a Bearish Belt Hold sort of candle on the daily frame on Monday and closed below 24800 zones,” he said.“Now till Nifty holds below 24850 zones, weakness could be seen towards 24650 then 24500 zones whereas hurdles are placed at 24850 then 25000 zone...

[hfe_template id='11223'] [ad_1] On events such as budget day, the market is prone to kneejerk reactions. So, as soon as the finance minister announced higher short-term and long-term capital gains taxes on financial instruments, the stock market tanked. Of course, it recovered towards the close as sanity set in. And what’s that sanity? In my view, it is that capital gains are intact, only the capital gains tax is higher. And what drives capital gains in the equity market? Clearly, two factors — one, corporate earnings growth and two, stock market fund flow. Let’s take corporate earnings growth first. It too is driven by two macro factors — capex and consumption. Clearly, the recent few years have been driven by capex mainly by the public sector. With the need for fiscal consolidation, this lever has run out of steam for now. That’s when consumption needs to step up. And this budget does its fair bit for consumption. Standard deduction on salary income is up from ₹50,000...

[hfe_template id='11223'] [ad_1] The regulatory order to stock exchanges to collect uniform levies could shrink brokerage incomes by more than ₹2,000 crore, disproportionately affecting discount platforms and dashing popular zero-brokerage plans. Shares of several brokerages fell up to nearly 9% on Tuesday after the Securities and Exchange Board of India (Sebi) instructed market infrastructure institutions (MIIs) to not differentiate among cli ents based on volumes, from October 1. MIIs include stock exchanges, clearing corporations and depositories. “With this circular, we will, in all likelihood, have to let go of the zero-brokerage structure and/or increase brokerage for F&O trades,” said Nithin Kamath, founder and chief executive of Zerodha. Volume-based Discounts Sebi’s order could now force large discount brokerages to either drop the zero-payment plans or raise rates, potentially sacrificing margins or the client base. “Under the previous practice between MIIs...

[hfe_template id='11223'] [ad_1] Mumbai: India's equity indices closed at fresh highs on Thursday, with Nifty and Sensex crossing the 24,000 and 79,000 milestones, respectively, for the first time, maintaining their bullish momentum since the election results earlier this month, amid high expectations from the budget after President Droupadi Murmu's speech in Parliament Thursday. Analysts said the sustained run-up in indices of late is part of the pre-budget rally, aided by renewed flows from foreign investors in June. The optimism, however, did not rub off on the broader market where there were more losers than gainers. The Nifty advanced 0.74%, or 175.70 points, to close at 24,044.5, after hitting a lifetime high of 24,087.45. Agencies The Sensex recorded a high of 79,396.03 before closing at 79,243.18, up 0.72%, or 568.93 points, over the previous day. Both indices have gained 9.9% since the election results on June 4 in a near-uninterrupted rally.“The markets...