Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Nifty Outlook for July 10: Unconvincing recovery hinges on TCS reaction for sustenance
Nandish Shah of HDFC Securities said the 23,800 level remains crucial for maintaining the bullish bias. He added that the index needs to decisively cross 24,200 to improve the near-term technical outlook.
Crude oil prices will be the key driver of equities for now: Nilesh Shah
The oil market, Shah of Kotak AMC said, is signalling that supplies could get constrained again, which may lead to another increase in prices. All this will impact how equity markets play out.
Amit Shah directs immigration checkpoints at Jewar, Agartala airports to open soon
Union Home Minister Amit Shah directed operationalization of immigration checkpoints at Agartala and Jewar airports. He also prioritized development of sixty-two airports within two years for passenger convenience. Foreigners Regional Registration Offices will become operational at all state headquarters by 2027. A mechanism will be established to promote the Fast Track Immigration Programme with airlines. Automated X-ray Tray Return Systems will be installed nationwide to reduce human resource costs.
Looking to buy? These 3 stocks deserve a spot in your portfolio; know why
Aakash Shah, technical research analyst at Choice Equity Broking, is bullish on the shares of Finolex Cables, Grindwell Norton, and Silver Touch
F&O Talk: Nifty may consolidate further; Sudeep Shah's strategy on TCS, HDFC Bank, Infosys
Indian stock markets, Sensex and Nifty, closed lower following the RBI's hawkish stance, despite falling oil prices. Analyst Sudeep Shah anticipates a consolidation phase for Nifty, with key support at 23,100-23,050 and resistance at 23,550-23,600. Bank Nifty shows resilience, while IT stocks underperform.
Talent fight heats up in India finance hub as two chiefs quit
GIFT City, India's international finance hub, is experiencing intense competition for talent as two foreign bank chiefs have recently resigned. Taral Shah of DBS Bank and Saiju Gandhi of Standard Chartered have left their roles, highlighting a challenge for the growing hub. This comes as global banks expand their presence, attracted by tax incentives and a lighter regulatory framework.
Stocks to buy or sell: Dharmesh Shah of ICICI Sec suggests buying Tata Power, Sona BLW shares on 1 June
Indian benchmark indices opened higher on June 1, supported by gains in IndiGo and Asian Paints. The NSE Nifty rose 0.38% and the BSE Sensex gained 0.36% amid positive Asian market sentiment and recovery after recent sell-offs.
Stocks to buy or sell: Dharmesh Shah of ICICI Sec suggests buying Tata Motors PV, BHEL shares on 25 May
Domestic benchmark indices opened higher on May 25, buoyed by Brent crude prices dropping below $100 per barrel and optimism over a potential Iran peace deal. Nifty 50 rose 0.94% and BSE Sensex gained 1.02%. Analysts recommend buying Tata Motors and BHEL shares.
Amit Shah, JP Nadda Cut Convoy Sizes Following Modi's Fuel-Conservation Push
Amit Shah and JP Nadda have reduced their official convoy sizes after PM Modi urged fuel conservation and responsible living. The government says the move supports sustainability while maintaining all security protocols.
AI wave exposes ‘structural cracks’ in Indian IT; Envision Capital’s Nilesh Shah warns of slow pivot
Nilesh Shah and Sumeet Jain warn AI is exposing structural weaknesses in India's IT services, favoring firms like Persistent Systems and Coforge with stronger AI driven growth
Why BofA takes a contrarian call cutting India’s earnings estimates for second time in a row?
All other EMs are offering much better growth than India, and at cheaper valuations as well, says Amish Shah, head of India research at BofA Global Research
RBI may hike repo rate by 50 basis points: BofA
The risk-reward ratio is better but don't go all into the stock market, warns Amish Shah, the head of research at Bank of America. What are the sectors to bet on as inflation risks rise and growth falters? Details in the video below.