Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Nifty Outlook for June 19: Reliance, IT stocks hold key for Friday's trade
Heading into Friday's session, IT stocks will remain in focus after Accenture shares plunged 19% in their biggest one-day decline on record. The selloff came after Accenture trimmed the upper end of its annual revenue growth forecast on June 18. Following the development, Infosys ADRs fell nearly 8%, while Wipro ADRs declined about 4%.
Mahanagar Gas Ltd up for fifth session
Mahanagar Gas Ltd is quoting at Rs 1210.3, up 0.12% on the day as on 12:44 IST on the NSE. The stock is down 13.08% in last one year as compared to a 2.73% spurt in NIFTY and a 14.16% spurt in the Nifty Energy.
Indian Oil Corporation Ltd up for five straight sessions
Indian Oil Corporation Ltd is quoting at Rs 146.19, up 0.53% on the day as on 12:44 IST on the NSE. The stock is up 5.42% in last one year as compared to a 2.73% fall in NIFTY and a 14.16% fall in the Nifty Energy.
Reliance Industries Ltd soars 0.02%, gains for fifth straight session
Reliance Industries Ltd is quoting at Rs 1329.1, up 0.02% on the day as on 12:44 IST on the NSE. The stock is down 7.06% in last one year as compared to a 3.09% drop in NIFTY and a 12.31% drop in the Nifty Energy.
Reliance Power Ltd gains for third straight session
Reliance Power Ltd is quoting at Rs 26.93, up 1.09% on the day as on 12:49 IST on the NSE. The stock is down 57.68% in last one year as compared to a 3.7% jump in NIFTY and a 10.87% jump in the Nifty Energy index.
Mahanagar Gas Ltd spurts 2.14%, gains for third straight session
Mahanagar Gas Ltd is quoting at Rs 1163.4, up 2.14% on the day as on 12:49 IST on the NSE. The stock is down 18.84% in last one year as compared to a 3.7% spurt in NIFTY and a 10.87% spurt in the Nifty Energy index.
Aegis Logistics Ltd spurts 3.5%, up for five straight sessions
Aegis Logistics Ltd is quoting at Rs 977.5, up 3.5% on the day as on 12:44 IST on the NSE. The stock is up 26.09% in last one year as compared to a 4.14% gain in NIFTY and a 9.94% gain in the Nifty Energy.
Nifty Bank surges 700 points to one-month high; HDFC Bank, Yes Bank, PNB, other stocks rise 2%. What lies ahead?
Bank stocks saw a significant jump on Friday, propelling the Nifty Bank index to a one-month peak. This surge followed news of a potential peace deal between the US and Iran. Oil prices declined and the Indian Rupee strengthened, boosting overall market sentiment. Several major bank stocks experienced gains, indicating renewed investor confidence in the banking sector.
Aegis Logistics Ltd soars 13.83%, Gains for third straight session
Aegis Logistics Ltd is quoting at Rs 911.8, up 13.83% on the day as on 12:49 IST on the NSE. The stock is up 13.66% in last one year as compared to a 6.49% gain in NIFTY and a 7.8% gain in the Nifty Energy index.
Oil India Ltd slips for fifth straight session
Oil India Ltd is quoting at Rs 449.7, down 5.52% on the day as on 13:19 IST on the NSE. The stock tumbled 3.35% in last one year as compared to a 6.94% slide in NIFTY and a 7.63% spurt in the Nifty Energy index.
Oil & Natural Gas Corpn Ltd eases for fifth straight session
Oil & Natural Gas Corpn Ltd is quoting at Rs 254.8, down 1.62% on the day as on 13:19 IST on the NSE. The stock jumped 3.02% in last one year as compared to a 6.94% slide in NIFTY and a 7.63% spurt in the Nifty Energy index.
INR recovers momentum as local equities rebound; recent oil and dollar spike fades amid signs of easing geopolitical tensions
The Indian rupee recovered momentum to settle higher by around 28 paise at Rs 95.31 per dollar on Tuesday, supported by retreating international oil prices and small pullback in dollar overseas. Meanwhile, local equities also rebounded from two-month lows as a halt in hostilities between Israel and Iran boosted hopes that peace negotiations could move forward. Geopolitical tensions eased somewhat, the dollar weakened and Brent crude futures fell below $93 a barrel as Israel and Iran agreed to halt attacks against each other following a series of mutual attacks from Sunday night, which marked the most serious escalation since the ceasefire in April. The BSE Sensex settled 394.50 points (0.54%) higher at 73,918.76, while the NSE Nifty 50 advanced 119.10 points (0.52%) to close at 23,242.10.