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Nifty IT index up 3%; Infosys, Tech Mahindra, LTM, Persistent gain 4%
In the past four trading days, IT index outperformed the market by soaring 9 per cent, as against a 2 per cent gain in the Nifty 50.
Sun Pharmaceutical Industries Ltd spurts 0.07%, up for five straight sessions
Sun Pharmaceutical Industries Ltd is quoting at Rs 1914.2, up 0.07% on the day as on 12:44 IST on the NSE. The stock is up 14.45% in last one year as compared to a 4.11% fall in NIFTY and a 16.43% fall in the Nifty Pharma.
Torrent Pharmaceuticals Ltd spurts 0.67%, up for five straight sessions
Torrent Pharmaceuticals Ltd is quoting at Rs 4855.1, up 0.67% on the day as on 12:44 IST on the NSE. The stock is up 46.13% in last one year as compared to a 4.11% fall in NIFTY and a 16.43% fall in the Nifty Pharma.
J B Chemicals & Pharmaceuticals Ltd up for fifth session
J B Chemicals & Pharmaceuticals Ltd is quoting at Rs 2419.6, up 1.24% on the day as on 12:44 IST on the NSE. The stock is up 48.86% in last one year as compared to a 4.11% spurt in NIFTY and a 16.43% spurt in the Nifty Pharma.
Eicher Motors Ltd up for fifth session
Eicher Motors Ltd is quoting at Rs 7562.5, up 1.22% on the day as on 12:44 IST on the NSE. The stock is up 33.15% in last one year as compared to a 4.11% drop in NIFTY and a 14.56% drop in the Nifty Auto.
Crude oil outlook: Price war, global market share in focus
The Middle East is now entering a different kind of conflict-one driven not by military confrontation, but by the battle for market share in global oil markets.
Sensex at 1 lakh in one year? Morgan Stanley sees 25% chance; Here’s what could trigger the next stock market rally - livemint.com
Sensex at 1 lakh in one year? Morgan Stanley sees 25% chance; Here’s what could trigger the next stock market rallylivemint.com
INR appreciates on improved market sentiment
The Indian rupee appreciated 15 paise to 95.28 against the US dollar in early trade on Tuesday on improved market sentiment after reports that Saudi Arabia has slashed August crude oil prices for Asia amid easing of geopolitical tensions in the Middle East. Lower Middle East risk premium and higher traffic from the Strait of Hormuz kept the oil prices lower. At the interbank foreign exchange market the rupee opened at 95.33 and later touched 95.28 against the American currency, registering a gain of 15 paise from its previous close. Yesterday, rupee depreciated 20 paise to close at 95.43 against the US dollar, as a strengthening greenback weighed on emerging market currencies. Meanwhile, local markets are extending gains amid strong quarterly updates from banking heavyweights like HDFC Bank, favorable monsoon progress, and steady foreign institutional buying. The BSE Sensex was trading at 78,374.76, up by 89.69 points (0.11%), while the NSE Nifty 50 was up 38.90 points (0.16%) at ..
Vedanta Iron and Steel, Vedanta Aluminium, 2 other stocks drop up to 5%. What’s spooking investors?
Recently listed Vedanta stocks experienced a significant decline on Tuesday morning. Vedanta Iron and Steel shares surged sharply after a substantial investment by Premji Invest. This smallcap counter saw its market capitalization more than double before the rally lost momentum. Vedanta Aluminium shares dropped despite reporting record quarterly production figures. Vedanta Oil & Gas and Vedanta Power also saw their stock prices fall since listing.
AI Stocks Power Wall Street Higher as S&P 500 Nears Record, Dow Hits Fresh High Despite Mixed Market
AI-driven gains lifted U.S. markets, with Broadcom surging on an Apple deal, while oil prices eased after OPEC+ boosted output. Investors now await SK Hynix's massive Nasdaq listing as AI momentum faces its next big test.
Stock Market Opening: Sensex Slips 5 Points, Nifty Opens Above 24,430 - News18
Stock Market Opening: Sensex Slips 5 Points, Nifty Opens Above 24,430News18
Sensex rises over 150 points, Nifty above 24,450 as market extends gains for the 5th consecutive day - The Economic Times
Sensex rises over 150 points, Nifty above 24,450 as market extends gains for the 5th consecutive dayThe Economic Times