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Trade Setup for April 13: Can Nifty bulls push towards 24,500 after snapping six-week losing streak?
The Nifty closed above the key psychological level of 24,000 on Friday, as sentiment remained positive, aided by softer crude oil prices amid rising expectations of a potential US-Iran truce.
Correction in NBFCs, IT and realty offers entry as earnings stay steady: Anupam Tiwari
Anupam Tiwari, Head of Equity at Groww Mutual Fund, expects a strong current quarter with limited impact from oil shocks so far, but flags risks from the next quarter onward. He remains positive on premium consumption, NBFCs, manufacturing exports and capex, while adding IT and premium real estate after corrections. He believes market fears may be overstated, with much of the downside already priced in.
InCred Alternatives closes maiden special opportunities credit fund with ₹1,500 crore corpus
About 75% of the fund has already been deployed across sectors such as auto, power, oil & gas, and hospitality sectors.
Markets rise over 1% on ceasefire hopes; bank stocks lead rally
Benchmark indices gain as oil prices ease on potential US-Iran ceasefire, with banking stocks driving the rally amid positive business updates and value buying
Reliance Industries shares crash 6% in two days, wipes off Rs 1 lakh crore. What lies ahead?
Reliance Industries shares have fallen sharply over two days, erasing over Rs 1 lakh crore in market value amid weak technical indicators and policy concerns. Analysts see near-term pressure with key support levels in focus, though stability above these levels could trigger a short-term rebound in the stock.
BofA Securities cuts Nifty earnings target to 8.5%, says market not in value zone
BofA Securities has significantly lowered its earnings growth forecast for Nifty 50 companies to 8.5% for FY27, citing rising stagflation risks and potential impact of high crude oil prices. The brokerage also reduced India's GDP growth estimate and warned of a severe downturn in a worst-case scenario. Despite this, a resolution to the Iran conflict could boost the market.
Sensex Falls Over 500 Points, Nifty Below 22,600; Oil Prices Spike - Open Magazine
Sensex Falls Over 500 Points, Nifty Below 22,600; Oil Prices SpikeOpen Magazine
Indian shares up on value buying in HDFC Bank, Reliance - Reuters
Indian shares up on value buying in HDFC Bank, RelianceReuters
Sensex Today | Stock Market Live: GIFT Nifty hints at flat-to-negative start despite gains in US, Asian markets
Sensex Today | Stock Market LIVE Updates: Wall Street rallied on Monday, with the Nasdaq climbing 3% and the Dow marking a record-high close after the United States and Iran struck a preliminary agreement to end the Middle East war and reopen the Strait of Hormuz, leading to an easing of inflation fears as crude oil prices dropped. The Dow Jones Industrial Average rose 468.77 points, or 0.92%, to 51,671.03, the S&P 500 gained 122.83 points, or 1.65%, to 7,554.29. The Nasdaq Composite gained 795.10 points, or 3.07%, to 26,683.94 for its strongest one-day percentage gain since March 31.
US-Iran exchange fire at Strait of Hormuz| Oil prices resume climb | Nifty finds resistance at 24350
Global markets remain on edge as rising US-Iran tensions near the Strait of Hormuz push oil prices higher and trigger volatility across equities. Dow Jones Industrial Average, S&P 500 and Nasdaq Composite see profit booking while Brent crude stays above $100/barrel. Back home, NIFTY 50 struggles near key resistance, even as midcaps hit record highs. Markets also react to major earnings from State Bank of India , Titan Company , Bank of Baroda and others. Stay tuned for market outlook, top stocks, crude oil movement, rupee action, and global cues driving today’s trade.
US Steps In to Escort Ships in Hormuz | Oil Near $108 | Kotak Bank Steady | Opening Bell
Markets kick off the week with global tensions in focus as US President Donald Trump announces “Project Freedom” to escort stranded vessels through the Strait of Hormuz. Iran calls the US response to its 14-point proposal unacceptable, keeping geopolitical risks elevated and pushing Brent crude near $108. US markets ended higher on Friday, with the Dow Jones Industrial Average, S&P 500, and NASDAQ Composite gaining up to 1.6%, supported by strong earnings from Exxon Mobil, Chevron, and Estée Lauder. Economic data remains mixed, with steady manufacturing activity and a rise in consumption. Back home, Kotak Mahindra Bank reports a stable quarter, while GIFT Nifty suggests a positive start for Indian markets. Investors also keep a close watch on state election results for further cues.
Vedanta Aluminium falls 5%, sheds listing gains; Oil & Gas hits lower circuit in debut trade
Despite the declines from listing prices, the combined value of Vedanta Ltd and the four demerged entities remained significantly above Vedanta's pre-demerger valuation.