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[hfe_template id='11223'] [ad_1] Indian benchmark indices Sensex and Nifty50 traded higher on Wednesday, supported by gains in financial and IT stocks, after both U.S. and domestic inflation data for April came in lower than expected. The BSE Sensex jumped 518 points, or 0.64%, to 81,666, while the Nifty50 gained 184 points, or 0.75%, to trade at 24,762 around 10:20 am. U.S. consumer inflation rose 0.2% in April, below the 0.3% increase forecast by economists in a Reuters poll, easing concerns over further interest rate hikes by the Federal Reserve. Meanwhile, India's retail inflation eased to 3.16% in April, the lowest in six years and below the Reuters poll estimate of 3.27%, boosting hopes of a potential rate cut by the Reserve Bank of India. From the Sensex pack, Tata Steel, Bharti Airtel, L&T, Infosys, Tech Mahindra, and Bajaj Finserv were among the top gainers, rising 1–4%. On the other hand, Tata Motors, Asian Paints, Nestle India, IndusInd Bank, and HUL o...

[hfe_template id='11223'] [ad_1] Indian benchmark equity indices reversed early gains to trade in the red for the second straight session on Friday, as investor sentiment turned cautious after a deadly terrorist attack on tourists in Kashmir heightened geopolitical risks. The BSE Sensex slumped over 1,100 points to trade below 78,700, while the Nifty50 dropped below 23,900 around 11:57 am. Earlier in the session, the Sensex had climbed to 80,130 and the Nifty had crossed the 24,350 mark. The market capitalisation of all listed companies on BSE declined by Rs 9.7 lakh crore to Rs 419.86 lakh crore. While recent policies by the Government of India and the Reserve Bank of India aim to boost GDP growth, geopolitical tensions and global trade issues are limiting the short-term benefits. Despite a seasonally strong quarter, Q4 earnings expectations are modest, with consensus EPS growth at just 8% YoY. "The initiatives by the Government of India and the RBI are focused on ...

[hfe_template id='11223'] [ad_1] Following a 12% year-on-year (YoY) decline in Infosys' March quarter consolidated net profit and lower-than-estimated revenue, brokerages have slashed their target prices while retaining a 'Buy' rating on the stock. Nuvama Institutional Equities and Emkay Global revised their targets downward amid topline miss and prevailing uncertainties. On Thursday, India's second-largest IT services company by market capitalisation reported a consolidated profit after tax (PAT) of Rs 7,033 crore in Q4FY25, compared to Rs 7,969 crore in the year-ago period. The tier-1 IT services company reported Q4FY25 revenue of Rs 40,925 crore, up 8% from Rs 37,923 crore in the corresponding quarter of the previous financial year. Commenting on Infosys' January–March quarter results, Nuvama said the company's revenue decreased by 3.5% in constant currency on a quarter-on-quarter (QoQ) basis (+4.8% YoY), significantly below its estimate of a 1...

[hfe_template id='11223'] [ad_1] The residential upcycle and strong earnings by real estate companies have not been enough to ease the sustained pressure on realty stocks, which have fallen by up to 40% in the past six months. Among them, six out of ten stocks in the Nifty Realty index are now in a bear market, and experts remain non-committal on whether the bottom has been reached. The Nifty Realty index is down 29% from its all-time high of 1,157.35 and has declined 20% in the last six months. Its underperformance exceeds that of the benchmark indices, with the BSE Sensex and Nifty50 falling 8.4% and 9.3%, respectively. “It is difficult to say whether the stocks have corrected enough and made a bottom, but they may be close to a point where they should start consolidating,” market expert Neeraj Dewan said. In an interaction with ET Now, Dewan highlighted that real estate and stock markets tend to move in tandem and that the recent correction in equities has also affect...

[hfe_template id='11223'] [ad_1] Benchmarks equity indices Sensex and Nifty traded lower on Monday, as global trade concerns weighed on risk sentiment following US President Donald Trump's warning that he would impose new tariffs this week. The BSE Sensex was trading 629 points, or 0.81%, lower at 77,231. The Nifty50 was down 187 points, or 0.79%, trading at 23,372 around 10:50 am. The market capitalisation of all listed companies on BSE dropped by Rs 5.15 lakh crore to Rs 418.78 lakh crore. Why is the stock market falling today? 1) Trump’s tariff warning hits sentiment Trump announced on Friday that he plans to introduce reciprocal tariffs by Monday or Tuesday, escalating tensions in global trade. His move aims to impose tariffs on imports equal to the rates trading partners apply to US exports, adding uncertainty to global markets. 2) Rate cut hopes fade The US President also repeated warnings of imminent tariffs, including on steel and aluminium imports, an inflat...

[hfe_template id='11223'] [ad_1] While the Nifty has ended in the green nine times in the last 10 years, energy and financial services are the only sectors that have matched the 50-stock index in terms of positive outcomes. Both sectors have also delivered superior 10-year CAGR returns of 16% and 13%, respectively, versus 11% by the Nifty. Another striking commonality is that all three of them closed in the red in 2015 and have managed to remain unbeaten since. Financial services stocks, which carry the highest weight in the Nifty at around 34%, have given double-digit annual returns ranging from 11% to 41% on five occasions—2017-2019, 2021, and 2023. Meanwhile, single-digit returns between 5% and 9% were seen in 2016, 2020, 2022, and 2024. The index fell over 5% in 2015. With a 10% weight, the energy sector is the third-biggest contributor to the 50-stock index. As against Nifty’s fall of 4% in 2015, Nifty Energy corrected by less than 1%. This index has yielded double-...

[hfe_template id='11223'] [ad_1] The initial market euphoria surrounding Donald Trump's victory in the US election fizzled out quickly on Thursday, as investors realized that a Republican sweep could have both positive and negative implications for Indian stock markets. The Sensex gave up all the gains made in the previous session, falling by over 900 points, while the Nifty dropped below the 24,200 level. Dalal Street's trajectory was in stark contrast to Wall Street's reaction, where the Dow Jones surged 3.57%, and the Nasdaq ended 3% higher, reaching fresh record highs. Even during Trump's previous presidency from 2017 to 2021, his "America First" policy helped the Nasdaq outperform the Nifty by a wide margin. Over those four years, the Nifty gained 38%, while the Nasdaq surged 77% and the Dow Jones rose 45%. Also read | How good will President Donald Trump be for Indian stocks? Analysts decode "The 'Trump trade,' which has sharp...

[hfe_template id='11223'] [ad_1] Indian market is likely to trade higher on Tuesday tracking positive global cues. The Nifty future closed in green with a gain of 0.25% at 25,434 levels on Monday. India VIX was down 0.71% from 12.55 to 12.46 levels. On the options front, the maximum Call OI is placed at 26,000 and then towards 25,400 strikes while the maximum Put OI is placed at 25,000 and then towards 25,200 strikes. Call writing is seen at 26,000 and then towards 25,700 strikes while Put writing is seen at 25,400 and then towards 25,300 strikes. “Options data suggests a broader trading range in between 24,900 to 25,800 zones while an immediate range between 25,200 to 25,600 levels,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said. “Nifty formed a small-bodied bearish candle on the daily frame on Monday and has been forming higher lows from the last three trading sessions which indicates supports are shifting higher,” he said.“Now ...