GAGA Share Market News

[hfe_template id='11223'] [ad_1] The smallcap rally, which saw over 100 stocks delivering double-digit returns in the previous week, lost momentum sharply in the week gone by as only 38 stocks managed to clock double-digit gains. Analysts attribute this to profit booking set in after the recent sharp run-up. Rajratan Global Wire topped the smallcap gainers list with a 32% weekly gain, followed by Thyrocare Technologies (27.5%), Best Agrolife (27.4%), Peninsula Land (26.8%), and Carraro India (26.2%). Nearly 30 smallcaps, including Manorama Industries, Tanfac Industries, Mufin Green Finance, Butterfly Gandhimathi, and Welspun Specialty Solutions, delivered healthy weekly gains in the 10–20% range. In the midcap space, AU Small Finance Bank was the top performer, gaining 15%, followed by Tata Elxsi (14.5%), Coforge (12.1%) and Mphasis (11.6%). Among Sensex constituents, Tech Mahindra led the pack with an 11.9% gain, followed by HCL Technologies (9.8%) and Mahindra & Ma...

[hfe_template id='11223'] [ad_1] Shares of Indian information technology companies fell sharply on Wednesday, with Coforge, Wipro and other major IT firms declining as much as 5.4%, amid a broader global equity sell-off triggered by renewed U.S.-China trade tensions. The Nifty IT index slid 2.4%, emerging as the biggest drag on benchmark indices, as investors reacted to Washington’s confirmation of steep 104% tariffs on Chinese imports, which are set to take effect after midnight. The tariff escalation, announced by former U.S. President Donald Trump, stoked fears of a protracted trade war and potential global stagflation, rattling equity markets across Asia and Wall Street. Shares of IT firms, which earn a significant portion of their revenue in U.S. dollars, including Coforge, Wipro, Mphasis, Tech Mahindra and Persistent Systems dropped between 3% and 5.4%. Other IT players like LTIMindtree, Infosys, HCL Technologies and Tata Consultancy Services declined between 1.5% ...

[hfe_template id='11223'] [ad_1] As uncertainty in the domestic equity market looms, investors of IT stocks face a peculiar dilemma of choosing between stability and growth potential. An analysis of top 10 tech counters shows tier-1 (top 5 by m-cap) scrips witnessing a relatively less severe fall in 2025 while trailing tier-2 (next 5) stocks in terms of 1-year returns. Average returns of top 5 IT stocks - Tata Consultancy Services (TCS), Infosys, HCL Technologies, Wipro and Tech Mahindra - on the year-to-date basis stand at negative 16% with the highest fall of 20% recorded in HCL Tech and the lowest fall of 13% in Wipro. Meanwhile, average 1-year returns of these stocks are at 4.4% with Tech Mahindra and Wipro remaining best performers with double-digit returns. In case of tier-2 stocks i.e. Oracle Financial Services Software (OFSS), Coforge, LTIMindtree, Persistent Systems and Mphasis, the average fall in 2025 so far stood at 22%. OFSS witnessed the steepest fall of 39...

[hfe_template id='11223'] [ad_1] India's IT sector rose nearly 2% on Tuesday, tracking overnight gains in U.S. tech stocks and global market relief after U.S. President Donald Trump signaled flexibility on planned tariffs, easing investor concerns over a potential trade war. Shares of all major Indian IT companies, which earn a significant portion of their revenue in U.S. dollars, advanced on the day. L&T Technology Services, Coforge, and Mphasis climbed between 1.4% and 2%, while Tata Consultancy Services (TCS), Persistent Systems, HCL Technologies, and Infosys added between 1.1% and 1.2%. Shares of LTIMindtree, Wipro, and Tech Mahindra rose by up to 1%. The gains in technology stocks helped lift sentiment across Indian markets. The NSE Nifty 50 was up 0.39% at 23,751.5 as of 9:15 a.m. IST, while the BSE Sensex gained 0.4%, reaching 78,296.28. All 13 major sectors logged gains at the open, with the broader small-cap and mid-cap indexes rising by about 0.7% each....

[hfe_template id='11223'] [ad_1] Midcap stocks got hammered through February falling by as much as 30% as investors scurried to book profits or cut losses. The low-key sentiments on D-Street were on account of both the global and local factors. While Donald Trump's threats on reciprocal tariffs and fears of US economic slowdown weighed on the markets, nearly a third of the midcaps missing their Q3FY25 estimates and valuations were among local factors that pulled the pack. The BSE Midcap index fell by 4,500 points or 10% in February and this week's decline was more prominent as the 132-stock index plunged 4.4% or nearly 1,800 points. In this, 123 stocks ended the month in the red while just 9 stocks managed a positive closing. Ten socks that fell the most in February are Rail Vikas Nigam (RVNL), Tube Investments of India, Gujarat Gas, Indian Renewable Energy Development Agency (IREDA), Relaxo Footwears, Delhivery, The New India Assurance Company, Mphasis, Escorts ...

[hfe_template id='11223'] [ad_1] The markets extended Wednesday's rebound on the weekly expiry day, ending with modest gains. In today's trade, shares of IndiGo, JSW Steel, Adani Green, Indus Towers, Dr Reddy's, Patanjali Foods among others will be in focus due to various news developments and third quarter results. IndiGo, JSW Steel, DLF, Godrej Consumer Shares of IndiGo, JSW Steel, DLF and Godrej Consumer will be in focus as the companies will announce their third quarter results later today. Adani Green Adani Green Energy reported a 85% year-on-year jump in its December quarter consolidated net profit at Rs 474 crore versus Rs 256 crore posted in the year ago period. ZEE ZEE Entertainment Enterprises (ZEEL) reported 180% year-on-year (YoY) growth in its consolidated net profit at Rs 164 crore in the third quarter, while operating revenue declined 3% YoY to Rs 1,979 crore. Indus Towers Indus Towers to enter EV charging infrastructure sector as the company l...

[hfe_template id='11223'] [ad_1] Indian headline equity indices Sensex and Nifty50 opened marginally higher on Thursday, tracking other global peers, after in-line US inflation data reinforced expectations of a Federal Reserve rate cut next week. The BSE Sensex was trading 116 points, or 0.14%, higher at 81,642. The Nifty50 was up 13 points, or 0.07%, trading at 24,659 around 9:27 am. Other Asian markets also ticked higher, with the MSCI Asia ex-Japan index gaining 0.4%. Meanwhile, most Wall Street equities closed higher overnight after data showed the U.S. consumer price index (CPI) rose 0.3% on a monthly basis and 2.7% on a yearly basis in November. The odds of a 25-basis-point Fed rate cut rose to about 99%, up from 89% a day ago, according to CME FedWatch. The Nifty IT index rose 0.83%, led by 1-2% gains in Tech Mahindra, Persistent Systems, Coforge, and Mphasis. Other major indices, including Nifty Bank and Nifty Financial Services, also opened higher. In contrast,...

[hfe_template id='11223'] [ad_1] IRFC Share Price 149.12 03:59 PM | 17 Oct 2024 -1.64(-1.09%) Suzlon Energy Share Price 73.01 03:59 PM | 17 Oct 2024 -2.04(-2.72%) IREDA Share Price 217.71 03:59 PM | 17 Oct 2024 -3.41(-1.54%) Tata Motors Share Price 891.6 03:59 PM | 17 Oct 2024 -15.86(-1.75%) YES Bank Share Price 20.9 03:59 PM | 17 Oct 2024 -0.25(-1.19%) HDFC Bank Share Price 1673.15 03:59 PM | 17 Oct 2024 -26.65(-1.57%) NHPC Share Price 84.95 03:59 PM | 17 Oct 2024 -3.04(-3.46%) RVNL Share Price 489.6 03:59 PM | 17 Oct 2024 10.0(2.09%) SBI Share Price 811.05 03:59 PM | 17 Oct 2024 5.6(0.7%) Tata Power Share Price 450.2 03:59 PM | 17 Oct 2024 -10.25(-2.23%) Tata Steel Share Price 152.4 03:59 PM | 17 Oct 2024 -2.85(-1.83%) Adani Power Share Price 609.1 03:59 PM | 17 Oct 2024 -16.7(-2.67%) PayTM Share Price 696.15 03:59 PM | 17 Oct 2024 -25.81(-3.58%) PNB Share Price 102.46 03:59 PM | 17 Oct 2024 -2.6(-2.47%) Zomato Share Price 270.55 03:59 PM | 17 Oct 2024 -3.7(-1.35%) BEL...

[hfe_template id='11223'] [ad_1] Benchmark stock indices Sensex and Nifty hit fresh lifetime intraday highs before closing lower on Wednesday, ahead of the US Fed's decision on interest rates. Stocks that were in focus included TCS, which fell 3.5%; Torrent Power, which gained 8.48%; and Mphasis, whose shares declined 6% on Wednesday. TCS After making lows around Rs 3,583 in June 2024, the price has experienced a sharp upward move, reaching an all-time high of Rs 4,592. The price has returned almost 30% from its lower level, with buyers holding the upper hand over bears. Torrent Power After reaching a low of Rs 1,296 in May 2024, the price has experienced a bull run, reaching an all-time high of Rs 1,908. The price has gained almost 47% from its lower level, with bulls maintaining full control over the market. Mphasis After making multiple lows around Rs 2,148 in May 2024, the price has experienced a sharp upward move, reaching a two-year high of Rs 3,188. The price ...

[hfe_template id='11223'] [ad_1] Domestic equity indices Sensex and Nifty opened flat on Friday, reflecting a pause in the global equities rally ahead of the Federal Reserve Chair Jerome Powell's address later today, as markets await confirmation of U.S. rate cuts starting in September. The BSE Sensex was trading 42 points, or 0.05%, lower at 81,009. The Nifty50 was down 7 points, or 0.03%, trading at 24,803 around 9:19 am. Wall Street shares closed lower overnight, as sentiment turned cautious ahead of Fed Chair Jerome Powell's speech in Jackson Hole after Indian market hours on Friday. Among Sensex stocks, Tata Motors, Reliance Industries, Sun Pharma, HUL, M&M, and Power Grid opened higher, while Infosys, Tech Mahindra, Titan, NTPC, and Tata Steel opened lower. Sector-wise, Nifty IT dropped 0.75%, weighed down by Mphasis, Persistent Systems, and LTIMindtree. Nifty Banks, Financials, FMCG, Media, Metal, Realty, and Consumer Durables also opened lower, while ...

[hfe_template id='11223'] [ad_1] Indian Railway Finance Corporation Share Price 205.31 11:27 AM | 22 Jul 2024 -0.47(-0.23%) One97 Communications Share Price 450.5 11:27 AM | 22 Jul 2024 -8.25(-1.8%) YES Bank Share Price 25.31 11:27 AM | 22 Jul 2024 0.54(2.19%) ITC Share Price 467.5 11:27 AM | 22 Jul 2024 -7.06(-1.49%) HDFC Bank Share Price 1639.75 11:27 AM | 22 Jul 2024 32.46(2.02%) Tata Motors Share Price 1001.35 11:27 AM | 22 Jul 2024 11.36(1.15%) Zomato Share Price 220.01 11:27 AM | 22 Jul 2024 1.13(0.52%) Adani Enterprises Share Price 3012.0 11:27 AM | 22 Jul 2024 6.31(0.21%) Infosys Share Price 1818.4 11:27 AM | 22 Jul 2024 25.46(1.42%) Reliance Industries Share Price 3007.7 11:27 AM | 22 Jul 2024 -102.61(-3.3%) Adani Power Share Price 702.45 11:27 AM | 22 Jul 2024 7.96(1.15%) Vedanta Share Price 444.9 11:27 AM | 22 Jul 2024 5.1(1.16%) Indian Renewable Energy Development Agency Share Price 272.0 11:27 AM | 22 Jul 2024 -0.11(-0.04%) NHPC Share Price 107.12 11:27 AM |...

[hfe_template id='11223'] [ad_1] Indian Railway Finance Corporation Share Price 205.77 03:59 PM | 19 Jul 2024 -0.05(-0.03%) One97 Communications Share Price 458.75 03:58 PM | 19 Jul 2024 13.45(3.03%) YES Bank Share Price 24.77 03:59 PM | 19 Jul 2024 -0.99(-3.81%) ITC Share Price 474.55 03:59 PM | 19 Jul 2024 4.31(0.92%) HDFC Bank Share Price 1607.3 03:59 PM | 19 Jul 2024 -7.5(-0.47%) Tata Motors Share Price 990.0 03:59 PM | 19 Jul 2024 -34.55(-3.38%) Zomato Share Price 218.89 03:59 PM | 19 Jul 2024 -1.74(-0.79%) Adani Enterprises Share Price 3005.7 03:59 PM | 19 Jul 2024 -86.5(-2.8%) Infosys Share Price 1792.95 03:59 PM | 19 Jul 2024 34.91(1.99%) Reliance Industries Share Price 3110.3 03:59 PM | 19 Jul 2024 -63.05(-1.99%) Adani Power Share Price 694.5 03:59 PM | 19 Jul 2024 -5.0(-0.72%) Vedanta Share Price 439.8 03:59 PM | 19 Jul 2024 -11.6(-2.57%) Indian Renewable Energy Development Agency Share Price 272.1 03:59 PM | 19 Jul 2024 14.71(5.72%) NHPC Share Price 106.27 03:...

[hfe_template id='11223'] [ad_1] Domestic markets traded within a narrow range on Monday and closed nearly unchanged, resulting in a muted session. In today’s trade, shares of Jupiter Wagons, Nestle, RailTel, Bandhan Bank, Godrej Consumer among others will be in focus due to various news developments and first quarter updates. Jupiter Wagons Jupiter Wagons has set the floor price of its qualified institutional placement (QIP) at Rs 689.47 per equity share. Nestle India FMCG major Nestle India declared an interim dividend of Rs 2.75 per share for FY25. Further, its shareholders have approved for continuation of 4.5% royalty payment to its Swiss parent. Utkarsh SFB The Reserve Bank of India has approved the re-appointment of Govind Singh as MD and CEO of the lender for three years with effect from September 21. Godrej Consumer Godrej Consumer saw a double-digit growth in volumes in the first quarter, while the growth was high single-digits in value terms. Bandhan Bank Band...