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Vinay Rajani of HDFC Sec suggests Oracle Financial Services, Sun Pharma shares to buy
Indian equity markets experienced a significant selloff on May 18, with Sensex and Nifty 50 dropping over 1%. The BSE Sensex fell over 1,000 points, erasing nearly ₹9 lakh crore in investor wealth amid weak global cues and a bearish trend across sectors.
Bears tighten grip as GIFT Nifty hints at a weak start for D-St
Benchmark indices ended negatively on Friday amidst volatility, with Nifty forming a bearish weekly pattern. Analysts suggest a failure to surpass 23,800-24,000 could lead to testing 23,200-23,000 support. A move above this range might signal a pause in the downtrend, potentially pushing the index towards 24,500-24,600.
Selling at higher levels turns 23,800 into key barrier for Nifty: Analysts
Benchmark Nifty closed lower last week. Analysts anticipate continued range-bound trading for Nifty this week. Trading strategies suggest buying on dips and selling on rallies within the 23,800-23,200 range. Specific stock recommendations include Indus Towers, Samvardhana Motherson International, Aditya Birla Capital, Sun Pharmaceutical Industries, and Arvind Limited. Investors are advised to consider these opportunities.
Here's why ICICI Prudential Life Insurance shares will be in focus on Monday
Shares of ICICI Prudential Life Insurance are down 21% so far in 2026, underperforming its peers such as HDFC Life, which is down 19%, LIC, which has declined 6%, and SBI Life, which is down 9% so far this year. The stock though, continues to trade above its issue price of ₹334.
Prudential Plc to buy 75% Bharti Life stake for ₹3,500 crore, cut ICICI Pru Life holding to 10%
The London-based insurer says the move marks a strategic reset in India, as it secures majority control of Bharti Life Insurance while complying with regulations on ICICI Prudential stake reduction.
Private banks top pick for FY27; RBI rate hike likely in second half of the year: ICICI Pru Life
Jitendra Arora, Chief Equity & Fund Manager at ICICI Prudential Life Insurance, says large private banks are his top sector bet for FY27, with an RBI rate hike likely in H2. He also likes power generation and select EPC stocks. On the broader market, he says domestic flows are acting as a buffer against FII selling, keeping indices range-bound. On metals, he advises holding existing positions but not adding fresh. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Smallcaps rally! IIFL Finance, Hindustan Copper, Meesho, other stocks jump up to 7%
Smallcap stocks, including IIFL Finance, Meesho, and GRSE, surged up to 7% on Wednesday, outperforming benchmark indices. This rally occurred despite broader market caution, with the Nifty Smallcap 100 index showing robust gains. Experts remain optimistic about mid and smallcap earnings, viewing recent corrections as opportunities.
Stock Market Live Updates: GIFT Nifty Indicates Flat Open, Kospi Slides 3%, Brent Crude At $107
The GIFT Nifty, an early indicator for the benchmark is trading 0.26% higher, indicating a positive open for the Nifty.Stay tuned for the latest updates on the market.
Trade Setup For May 13: Nifty To Sink Below 23,000? Analysts Flag Crucial Support Levels
Indian benchmark indices closed sharply lower on Tuesday.
Nifty IT index slumps 3% as OpenAI announces launch of Deployment Company
Nifty IT index has fallen nearly 25 per cent year-to-date, compared with an 8.85 per cent decline in the benchmark Nifty50
Gift Nifty indicates negative opening for equity indices
The GIFT Nifty May 2026 futures currently traded 116.5 points lower, suggesting a negative opening for the benchmark index today.
Nifty 50, Sensex prediction today: Check how Indian stock market is expected to trade on 12 May
Nifty 50, Sensex prediction today: The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 23,646 level, a discount of nearly 222 points from the Nifty futures’ previous close.