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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, Sensex and Nifty, opened lower on Friday as investor sentiment weakened amid escalating tensions between India and Pakistan. Selling pressure was seen across all sectors. The BSE Sensex was down 971.41 points or 1.21 points at 79,363.40, while the Nifty50 declined 292.7 points or 1.21% to 23,981.1 around 10:08 am. The market capitalisation of all listed companies on BSE declined by Rs 4.95 lakh crore to Rs 413.55 lakh crore. The situation remains tense following India’s precision missile strikes on May 6–7, which reportedly targeted and destroyed nine terror camps in Pakistan and Pakistan-occupied Kashmir. Meanwhile, on Thursday night, multiple explosions were reported in Jammu after Pakistan launched drone and missile attacks. This marked the second straight day of cross-border clashes, which have reportedly claimed nearly four dozen lives. Live Events Despite the geopolitical tensions, foreign portfolio ...

[hfe_template id='11223'] [ad_1] Domestic benchmark indices opened higher for the second consecutive day on Tuesday, supported by easing trade tensions between the U.S. and its trading partners, along with sustained foreign inflows that bolstered investor sentiment. The BSE Sensex was trading 405 points, or 0.51%, higher at 80,612. The Nifty50 was up 120 points, or 0.49%, trading at 24,449 around 9:23 am. Among the Sensex constituents, IndusInd Bank, Tata Motors, Axis Bank, Reliance Industries, SBI, Bharti Airtel, and Tata Steel were the top gainers, rising up to 2% in early trade. On the flip side, Sun Pharma, Power Grid, Bajaj Finance, and Nestle India opened lower. U.S. Treasury Secretary Scott Bessent said on Monday that many top trading partners had made "very good" tariff proposals, with a potential deal with India expected soon. He indicated that an agreement could be finalised this week or next. Meanwhile, U.S. Commerce Secretary Howard Lutnick stated t...

[hfe_template id='11223'] [ad_1] Shares of Tata Consultancy Services (TCS) on Friday dropped 1% to Rs 3,212.10 on the BSE after the IT major reported a weaker-than-expected Q4 performance. Consolidated net profit for Q4FY25 declined 1.7% year-on-year to Rs 12,224 crore, falling short of the analysts’ estimate of Rs 12,650 crore. In the year-ago quarter, the net profit was Rs 12,434 crore. Revenue from operations rose 5.3% YoY to Rs 64,479 crore, also missing the ET NOW poll estimate of Rs 64,856 crore. Should you buy, sell, or hold TCS' stock? Here's what analysts say: Centrum Centrum upgraded TCS to ‘Buy’ with a revised target price of Rs 4,211 (down from Rs 4,589), valuing the stock at 25x FY27E EPS. While it flagged muted near-term demand due to macro and geopolitical uncertainties and slower client decision-making, it pointed to strong GenAI deal momentum as a key positive. Centrum sees margin tailwinds from better utilisation, pyramid optimisation, automatio...

[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] Shares of metal stock tumbled by up to 6% in today’s session as uncertainties surround the future outlook of these companies after U.S. President Trump's reciprocal tariffs have raised concerns over global demand growth and the potential disruption of business activities worldwide. The shares of National Aluminium Company (NALCO) dipped the highest, falling by 6% to an intraday low of Rs 162.40, followed by Vedanta shares, which fell by 5.7% to Rs 414.35 in early trade and Hindalco shares falling by 5.4% to Rs 617.15. Further, the shares of Tata Steel and Hindustan Zinc fell by nearly 5.5% each. Yes Securities' executive director Amar Ambani, in a report quoted by the Times of India, explained that the unchanged 25% US tariff on steel and aluminium will increase US domestic prices. “However, exporters from Vietnam, Japan, and South Korea are pivoting to India and the Middle East,” Ambani added. Live Events As a result, India is fa...

[hfe_template id='11223'] [ad_1] Indian benchmark equity indices Sensex and Nifty50 traded lower on Friday led by losses in M&M and Infosys. However, markets may see intraday fluctuations amid foreign inflows and optimism over a domestic growth rebound. The BSE Sensex was trading 256 points, or 0.33%, lower at 77,361. The Nifty50 was up 67 points, or 0.27%, trading at 23,524 around 9:38 am. Foreign portfolio investors (FPIs) bought Indian shares worth Rs 11,111 crore on Thursday, the highest for a day in six months, provisional data showed. FPIs have been buying in India for six straight sessions after an intense sell-off from late September 2024 when benchmark indices hit lifetime highs. From the Sensex pack, M&M, Infosys, Power Grid, Sun Pharma, HCL Tech, and TCS were the top laggards, declining up to 3.5%. On the other hand, HUL, Nestle India, Kotak Bank, Tata Motors, Asian Paints, and Tata Steel opened with gains. Live Events Among individual stocks, BSE Ltd....

[hfe_template id='11223'] [ad_1] Indian benchmark equity indices traded flat on Wednesday as gains in metal stocks, following the government's recommendation of a temporary tax on certain steel imports, offset losses in IT stocks ahead of the Federal Reserve's policy decision. The BSE Sensex was trading 34 points, higher at 75,335. The Nifty50 was up 15 points, trading at 22,849 around 9:45 am. From the Sensex pack, Tata Steel, Zomato, NTPC, IndusInd Bank, SBI, and Bajaj Finance were the top gainers, rising up to 2%. Meanwhile, TCS, HCL Tech, Infosys, and Tech Mahindra opened lower. Tata Steel and other metal stocks surged after the Directorate General of Trade Remedies (DGTR) recommended a 12% safeguard duty on the import of certain steel products. CLSA said that the duty and domestic prices in line with import parity will add to the multiple positive catalysts for the sector, such as improving demand outlook due to China stimulus hopes and a rise in capex in Eu...

[hfe_template id='11223'] [ad_1] Domestic markets remained subdued on the weekly expiry day, ending nearly unchanged amid the ongoing tussle. In today's trade, shares of Religare Enterprises, NTPC Green, Grindwell Norton, JM Financial, Tata Steel among others will be in focus due to various news developments. Religare Enterprises The Burman family has acquired a controlling stake in Religare Enterprises Limited (REL) after the completion of the open offer where it bought 83,201,819 equity shares representing 25.16%. Grindwell Norton Grindwell Norton appointed Venugopal Shanbhag as the managing director of the company with effect from April 2025. Samvardhana Motherson Samvardhana Motherson incorporated the arm 'Motherson Treasury Strategy' within the jurisdiction of Abu Dhabi Global Market, United Arab Emirates. JM Financial JM Financial got a tax department order for refund of Rs 230 crore for assessment year 2008-09. ITI ITI received an initial tranche of Rs...

[hfe_template id='11223'] [ad_1] Indian benchmark equity indices opened marginally higher for the third consecutive session on Tuesday, following gains from Asian markets. The rise was driven by metal and financial stocks, with comments from key US Federal Reserve officials raising expectations of a 25 basis-point rate cut later in the month. By 1:52 pm, the BSE Sensex was up 640 points, or 0.80%, at 80,888.34, while the Nifty50 gained 180 points, or 0.74%, trading at 24,456. Among the Sensex stocks, Adani Ports, JSW Steel, SBI, HDFC Bank, IndusInd Bank, and Tata Steel were the top gainers, rising up to 3%. In contrast, ITC, Bharti Airtel, Sun Pharma, Kotak Bank, and M&M opened lower. In individual stocks, Solar Industries surged 9.5% in early trade after it, along with its subsidiary, secured export orders worth Rs 2,039 crore for supplying advanced defense products to international clients. Swiggy shares also climbed 9.4% in early trade as the food delivery giant w...

[hfe_template id='11223'] [ad_1] IRFC Share Price 139.66 03:59 PM | 14 Nov 2024 0.04(0.03%) Suzlon Energy Share Price 56.73 03:59 PM | 14 Nov 2024 2.7(5.0%) IREDA Share Price 189.86 03:59 PM | 14 Nov 2024 2.28(1.22%) Tata Motors Share Price 774.3 03:59 PM | 14 Nov 2024 -11.96(-1.52%) YES Bank Share Price 19.31 03:59 PM | 14 Nov 2024 0.24(1.26%) HDFC Bank Share Price 1692.75 03:59 PM | 14 Nov 2024 11.41(0.68%) NHPC Share Price 78.38 03:59 PM | 14 Nov 2024 0.44(0.57%) RVNL Share Price 419.5 03:59 PM | 14 Nov 2024 -0.36(-0.09%) SBI Share Price 804.25 03:59 PM | 14 Nov 2024 -4.4(-0.55%) Tata Power Share Price 404.65 03:59 PM | 14 Nov 2024 5.3(1.33%) Tata Steel Share Price 137.98 03:59 PM | 14 Nov 2024 -1.19(-0.86%) Adani Power Share Price 549.1 03:59 PM | 14 Nov 2024 2.11(0.39%) PayTM Share Price 769.1 03:59 PM | 14 Nov 2024 15.86(2.11%) PNB Share Price 99.49 03:59 PM | 14 Nov 2024 -1.08(-1.07%) Zomato Share Price 269.66 03:59 PM | 14 Nov 2024 11.27(4.36%) BEL Share Price 28...

[hfe_template id='11223'] [ad_1] Domestic market extended its rebound, gaining over 1% amid positive global cues. In today's trade, shares of Tata Steel, M&M, Trent, Blue Star, Hindalco among others will be in focus due to various news developments and second quarter results M&M, Trent, NHPC, Page Industries Shares of M&M, Trent, NHPC and Page Industries will be in focus as the companies will announce their second quarter results today. Tata Steel Shares of steel major Tata Steel Ltd will be in focus today after the company turned to black in the quarter ended September 2024. The company had posted a loss in the last year period. Read more: Here's the trade setup for today's session Power Grid State-owned Power Grid on Wednesday reported a flat consolidated net profit at Rs 3,793 crore in the quarter ended September 2024, compared with Rs 3,781 crore in last year's quarter. Stock Trading A2Z of Stock Market for Beginners: Stock Market Course F...