Market News
Stay updated with the latest market trends, earnings, and economic indicators.
INR settles lower amid risk-averse investor sentiment
The Indian rupee depreciated by 14 paise to close at 94.65 (provisional) against the US dollar on Tuesday, as a strengthening greenback overseas and risk-averse investor sentiment weighed on the local unit. The dollar index shifted back above 101 mark on Tuesday after a slight pull back below the levels in the previous session. Elevated expectation for a Federal interest rate hike is seen lending consistent support to the greenback. Markets are staying cautious around 101 mark surrounding the United States (US) Nonfarm Payrolls (NFP) data for June, which will be released on Thursday. Markets will also look forward to resumption of US-Iran peace talks in Doha that could help ease inflation concerns. The rupee briefly slipped to 95.55 against the US dollar as per CCIL data, driven by month-end corporate import demand and lingering risk-off sentiment. However, relatively stable global crude prices and anticipated central bank interventions supported the currency and restricted the ...
Axis Bank, ICICI Bank, SBI, Federal Bank Among Anand Rathi's Top BFSI Bets — Check List
The PSBs continued to gain market share in retail segment outgrowing ICICI Bank, HDFC Bank and Axis Bank for the seventh consecutive quarter.
Nifty IT plunges over 2%; Infosys, LTIMindtree, TCS among top laggards
On June 30, the Nifty IT index dropped over 2% due to global tech weaknesses and demand concerns. Key players like LTIMindtree, Infosys, and TCS led the decline, with analysts highlighting a crucial support level that could define the index's trajectory.
Motilal Oswal's top 4 banking picks ahead of Q1 earnings season. Do you own any?
Motilal Oswal has identified its top banking picks ahead of the Q1 earnings season, anticipating strong MSME credit demand. HDFC Bank and ICICI Bank are highlighted for their robust asset quality and profitable growth. State Bank of India leads the PSU pack with aggressive pricing and housing loan strength, while AU Small Finance Bank is favored for its retail segment performance.
Market Pulse: Key triggers to watch before the June 30 trading session
Global cues remain in focus as Wall Street ended higher and Washington prepares for talks with Iran in Doha, while the US Consumer Confidence Index data is due later today. Domestically, Delhi's proposed EV policy and developments around the CFO positions at Axis Bank and HDFC Bank are expected to remain in focus.
Stocks to buy below ₹100: Mehul Kothari of Anand Rathi recommends three shares to buy or sell
Next week, Bank Nifty's trading range is set between 57,000 and 59,000, with breakouts suggesting future trends. Analyst Mehul Kothari advises buying Trident, UCO Bank, and MMTC under ₹100, as the Indian market remains strong amid mixed signals and easing crude oil prices.
Sensex tumbles 893 points, Nifty slips below 23,850 amid global sell-off
The S&P BSE Sensex tanked 893.39 points or 1.16% to 76,200.68. The Nifty 50 index fell 278.80 points or 1.16% to 23,824.10.
Why is market falling today? Sensex tanks 700 pts, Nifty below 23,900; 5 key triggers behind D-St selloff
Indian stock markets experienced a significant downturn on Tuesday, with the Sensex and Nifty seeing substantial losses and wiping out nearly Rs 4.57 lakh crore in investor wealth. This decline was largely influenced by weak global cues, particularly a sharp crash in South Korea's Kospi index and a selloff in technology stocks. Major Indian companies like Infosys and TCS also faced considerable drops, contributing to the market's downward trend.
Global X Silver Miners Index Share Price | TSX:SLVX ETF - Investing.com India
Global X Silver Miners Index Share Price | TSX:SLVX ETFInvesting.com India
IT nightmare on loop, Accenture's 20% fall highlights AI disruption
Indian tech stocks experienced a sharp decline Friday, mirroring a significant drop in global IT giant Accenture due to weaker-than-expected revenue and order forecasts. The Nifty IT index plunged over 6%, with major players like Infosys and TCS seeing substantial losses. Analysts suggest valuations are now attractive but future growth remains uncertain amid AI advancements, advising caution for investors.
Taj GVK Hotels to exit Nifty India Corporate Group Index - Tata Group
According to a decision taken by the Index Maintenance Sub-Committee (Equity) of NSE Indices, Taj GVK Hotels & Resorts will be removed from the index. No replacement stock will be added following the exclusion.
Defence shares gain momentum on strong production and growth outlook
Indian defence stocks surged as the government announced a record ₹1.78 lakh crore in defence production for fiscal 2026, a 15.6% increase from the previous year. This growth, driven by policy push and rising global demand, has led to a strong rally in defence companies and the Nifty Defence Index, which is up 23% year-to-date.