Market News

Stocks To Watch Today: Bajaj Finserv, Titan, Brigade Enterprises, RVNL, Grasim Industries & More

Here's a look at stocks that are likely to be in focus during the trading session on Tuesday.

Radhika Gupta flags India’s dropping fertility rate; calls childcare crucial for GDP growth — ‘Female workforce matters’

Replacement rate means a country is no longer having enough children to replace its population over time.

INR dragged lower by negative cues from equities, surging oil and firm dollar overseas

The Indian rupee lost further momentum during the course of the day and is seen settling the day lower by around 40 paise at Rs 95.57 per dollar. Elevated crude oil prices and firm dollar index around 100 mark are seen pressurizing rupee. Dollar index spiked above 100 for the first time in two months following a strong jobs data on Friday, driving sooner than expected rate hike by Fed but has edged marginally below the level today. Meanwhile, Indian shares fell sharply on Monday, mirroring weak cues from global markets as Middle East worries persisted and robust U.S. jobs data led traders to ramp up bets on a Federal Reserve rate hike this year. The BSE Sensex and NSE Nifty 50 settled lower amid weak global cues, escalating tensions in West Asia, and rising crude oil prices. The Sensex dropped 719.08 points (0.97%) to settle at 73,524.26, while the Nifty fell 243.70 points (1.04%) to end the day at 23,123.00. Also, rupee weakened despite the Indian government introducing a ...

Zee appoints Tejkarran Singh Bajaj as Zee5 India business head

Zee Entertainment Enterprises Ltd (ZEEL) has appointed Tejkarran Singh Bajaj as Business Head for Zee5 India to bolster its digital business and monetization efforts. Bajaj will spearhead the streaming platform's strategy, focusing on content, user engagement, partnerships, and revenue growth. This move signals Zee's commitment to accelerating digital expansion amidst intense market competition.

Adani Energy Hits 52-Week High As Jefferies Highlights Rs 1.5 Lakh Crore Opportunity — Check Target Price

The brokerage expects Adani Energy's EBITDA to grow at a 27% compound annual growth rate (CAGR) between FY26 and FY30, more than double the pace expected for Power Grid Corporation.

Dollar index holds above 100 mark

The US dollar index surged above 100 mark on Friday to a two month high following strong US jobs report that increased possibility of a Federal Reserve interest rate hike soon. Jobs data showed the US economy added 172,000 positions in May, far exceeding forecasts. The report pushed Treasury yields higher, with the 10-year yield rising above 4.5% fueling concerns that elevated borrowing costs could weigh on economic growth and investment. Meanwhile, lack of any concrete settlement on US and Iran war front that is keeping oil prices elevated is also adding to inflationary pressures and flocking inventors to dollar for respite. US stocks also slumped on Friday after a strong jobs report consolidated the outlook of restrictive interest rates, while chip producers extended their selloff. The dollar index that measures the greenback against a basket of currencies ended the week at 100.03, up 0.67% on the day.

Bajaj Finserv Share Price Live Updates: Bajaj Finserv Market Performance Snapshot

7 most valued firms' mcap eroded ₹1.25 trn last week, RIL took biggest hit

The combined market valuation of seven of the top-10 most-valued firms eroded by Rs 1.25 lakh crore last week, with Reliance Industries taking the biggest hit, in-line with a bearish trend in equities. Last week, the BSE benchmark Sensex declined 532.4 points, or 0.71 per cent, and the NSE Nifty dipped 181.05 points, or 0.76 per cent. "Persistent FII selling remained the key drag on market sentiment despite supportive developments such as cooling crude oil prices and a recovery in the rupee against the US dollar. Concerns regarding the pace of monsoon advancement also weighed on investor confidence," Santosh Meena, Head of Research at Swastika Investmart Ltd, said. From the top-10 pack, Reliance Industries, Bharti Airtel, Tata Consultancy Services (TCS), Bajaj Finance, Larsen & Toubro, Life Insurance Corporation of India (LIC) and Hindustan Unilever faced erosion from their valuation, while HDFC Bank, ICICI Bank, and State Bank of India were the gainers. The market valuation of ...

Dollar index witnesses massive surge to 2-month high beyond 100 mark

The US dollar index surged above 100 mark on Friday to a two month high following strong US jobs report that increased possibility of a Federal Reserve interest rate hike soon. Jobs data showed the US economy added 172,000 positions in May, far exceeding forecasts. The report pushed Treasury yields higher, with the 10-year yield rising above 4.5% fueling concerns that elevated borrowing costs could weigh on economic growth and investment. Meanwhile, lack of any concrete settlement on US and Iran war front that is keeping oil prices elevated is also adding to inflationary pressures and flocking inventors to dollar for respite. US stocks also slumped on Friday after a strong jobs report consolidated the outlook of restrictive interest rates, while chip producers extended their selloff. The dollar index that measures the greenback against a basket of currencies ended the week at 100.03, up 0.67% on the day.

Earnings growth, end to West Asia war could drive double-digit gains for Nifty: Ashwini Shami, Omniscence Capital - Mint

Earnings growth, end to West Asia war could drive double-digit gains for Nifty: Ashwini Shami, Omniscence CapitalMint

Gold slumps most in two months as jobs fuel Fed rate-hike bets

Bullion declined as much as 3.4% as bond yields and the dollar climbed after the latest US data showed job growth topped all forecasts in May. The strength in the labour market keeps the door open for Fed officials to hike rates as Middle East tensions fuel higher energy prices.

Silver Slumps Nearly 7% To Below $70/Ounce; Gold Tumbles 5% On Fed Pivot Jitters; Check MCX Rates

The sudden decline comes after job growth in America exceeded all expectations with nonfarm payrolls increasing to 172,000 and the unemployment rate holding steady at 4.3%.