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Stocks in news: Bajaj Auto, ZEE, BPCL, HDFC Bank, HUL, Tata Motors CV
Indian markets saw a subdued trading session on Monday, with key indices declining due to mixed global signals and profit-taking. Several prominent companies like Bajaj Auto, ZEEL, BPCL, HDFC Bank, and HUL are in focus today due to significant corporate developments. These include share buybacks, foreign investments, leadership appointments, and strategic acquisitions, signaling active corporate maneuvering amidst market fluctuations.
Here's why the last 30 minutes are crucial for the Indian stock market today
Stocks like BHEL, Tata Steel, Vedanta, Polycab, Bharat Forge, CG Power, NALCO, HDFC Bank, Coal India and Vodafone Idea are also poised for inflows ranging from $30 million to $70 million as part of the rebalancing.
Mcap of 6 of top-10 most valued firms climbs Rs 88,678 cr; ICICI Bank biggest winner
Indian stock markets saw a modest gain last week, with the top 10 companies adding Rs 88,678.1 crore in market valuation. ICICI Bank led the surge, followed by HDFC Bank and Reliance Industries. However, Bharti Airtel, TCS, and LIC experienced significant valuation drops. This positive market sentiment was attributed to easing crude oil prices and improved geopolitical developments.
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.
Oil slide powers India's stock benchmarks to longest weekly winning run 7 months
Indian stock markets achieved their longest winning streak in seven months, with the Nifty 50 and BSE Sensex closing higher. Falling crude oil prices and measures to boost the rupee and attract foreign investment bolstered investor confidence. The Reserve Bank of India's stance against near-term rate hikes also supported sentiment, with the pharma and financial sectors showing notable gains.
Ruchit Jain of Motilal Oswal suggests AXIS Bank, Genus Power shares to buy for the short term
Indian equity benchmarks surged today, driven by falling crude oil prices and supportive comments from the RBI Governor. The Nifty 50 rose 0.95%, while the BSE Sensex gained 1.27%. However, the broader market remained weak, with smallcap and midcap indices declining.
Stocks in news: TCS, Infosys, RIL, HDFC Bank, Waaree Renewable
Indian markets saw a positive trend on Thursday, marking a fifth consecutive day of gains. Supportive global sentiment fueled the rally. Key companies like TCS, Infosys, RIL, HDFC Bank, and Waaree Renewable are in focus due to recent developments. Investors are watching for updates from Reliance Industries' AGM and news from other major firms.
Sensex Today | Nifty 50 | Stock Market Live Updates: Sensex zooms over 850 pts, Nifty above 23,850; realt... - The Economic Times
Sensex Today | Nifty 50 | Stock Market Live Updates: Sensex zooms over 850 pts, Nifty above 23,850; realt...The Economic TimesIndian shares join global rally on Gulf peace dealReutersSensex Today | Stock Market Live: Sensex up 860 pts, Nifty above 23,850; MTAR Tech, HDFC Bank, IFCI most activeMoneycontrol.comIndian stocks, rupee rally as crude oil prices drop on West Asia peace deal announcementThe Indian ExpressStock Market Live June 15: Sensex rises 900 points, Nifty tops 23,900; rupee gains on Iran-US deal optimismBusinessLineStock Market LIVE: Sensex off 400 pts from day's high; Nifty below 23,950; Ashoka Buildcon jumps 14%Business StandardSensex jumps 1,200 points: Why is stock market rising today?India TodayFrom Gift Nifty, US-Iran peace deal to crude oil prices: 10 key things that changed for Indian stock market over weekendMintSensex Today Rallies 1,695 Points | Nifty Above 23,600 | 4 Reasons Why Indian Share Markets Are RisingEquitymaster
Mcap of 8 most valued firms surges by ₹1.90 trn, ICICI Bank shines
The combined market valuation of eight of the top-10 most valued firms surged by Rs 1.90 lakh crore last week, with ICICI Bank stealing the show, in tandem with a rally in equities. Last week, the BSE benchmark Sensex jumped 1,284.61 points, or 1.73 per cent, and the NSE Nifty surged 256.2 points, or 1 per cent. "Indian equity markets ended a volatile week on a strong note, snapping a two-week losing streak amid improving global sentiment and supportive measures from the Reserve Bank of India (RBI) aimed at attracting foreign currency inflows," Ajit Mishra, SVP, Research, Religare Broking Ltd, said. Investor confidence improved on optimism surrounding a potential USIran peace deal, which raised hopes of easing geopolitical tensions and stabilising energy markets, he added. From the top-10 pack, Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Bajaj Finance, Larsen & Toubro and Hindustan Unilever were the winners, while Tata Consultancy Services (TCS)
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.
INR pares initial losses and settles largely unchanged
The Indian rupee was largely flat and settled almost unchanged at Rs 95.43 per dollar, down just 2 paise on Wednesday, amid likely intervention from the Reserve Bank of India (RBI) to curb excessive volatility and prevent a further slide in the domestic unit. Rupee pared its initial losses as crude oil prices and the US dollar index retreated from their elevated levels. Indian shares gave up early gains to end little changed on Wednesday as investors weighed rising U.S.-Iran tensions and awaited key U.S. inflation data later in the day for fresh insights into market expectations for future interest rates in the face of rising energy-driven inflation risks. The BSE Sensex ended the day at 73,983.18, up by 64.42 points (0.09%), while the NSE Nifty 50 settled at 23,214.95, slipping by 27.15 points (-0.12%).
Top Gainers & Losers on June 10: Oil India, NLC India, Manappuram, Indian Bank, Redington, among top losers - Mint
Top Gainers & Losers on June 10: Oil India, NLC India, Manappuram, Indian Bank, Redington, among top losersMint