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Sensex Today | Stock Market Live Updates: KPIT Tech extends losses to 15%; Nifty above 23,950
Sensex Today | Stock Market Live Updates: The markets are moving with some level of caution and a positive bias. The Nifty is moving with an uptick of over 50 points, rising towards the 24,000 mark. The Nifty Bank index is largely flat, trading around the 57,500 mark. M&M, Eternal and Nestle India are thetop gainers.
Sterlite Tech hits 5% upper circuit on QIP launch; zooms 495% in 6 months
Sterlite Technologies plans to raise up to ₹1,500 crore through the QIP route. Recently, Bandhan Mutual Fund sold 1.82 million equity shares of STL in open market trade.
US stock market today: S&P 500, Nasdaq futures edge higher as tech stocks rebound; Brent crude slips below $75
US stock futures rose modestly after a sell-off in technology stocks, particularly semiconductors. S&P 500 futures increased by 0.2% as investors remain concerned about the valuation and potential returns from recent capital expenditures in AI-related sectors.
Indian tech’s Nifty share shrinks to record low on AI worries
India’s IT sector is losing dominance in the Nifty 50 as AI disruption fears trigger sustained selling. Its index weight has dropped to a record low, while the Nifty IT index has sharply underperformed. Reduced index weight is also limiting inflows from passive funds, weakening the sector’s overall market influence.
Stock Market Today Live, June 24: Sensex gains 200 pts, Nifty above 23,850; Brent crude falls 1%; Tech stocks lead gains - BusinessLine
Stock Market Today Live, June 24: Sensex gains 200 pts, Nifty above 23,850; Brent crude falls 1%; Tech stocks lead gainsBusinessLine
Tech Mahindra a Bottom-Up Turnaround Story, Says Motilal Oswal; Maintains 'Buy' — Check Target Price
Tech Mahindra is a compelling turnaround play in the IT services space, supported by improving fundamentals, strategic execution and sector recovery tailwinds, adds the brokerage.
Stock market today:Gift Nifty hints muted start;US tech stocks sell-off, Kospi rebounds to oil prices - 8 stocks to buy - Mint
Stock market today:Gift Nifty hints muted start;US tech stocks sell-off, Kospi rebounds to oil prices - 8 stocks to buyMint
Tech-Led global selloff, Fed rate fears weigh on Indian equities
Indian stock markets experienced their sharpest single-day drop in nearly a month, mirroring a global tech sell-off. The Nifty 50 and BSE Sensex both fell significantly, influenced by a strong US dollar and profit-taking after recent gains. While pharma and healthcare sectors showed resilience, most others, including metals and IT, declined. Market volatility increased, with analysts watching key support levels closely.
This tech indicator suggests market is at crossroads; what to expect next?
An analysis of Nifty 500 stocks, reveals that nearly 50 per cent of the shares trade on either side of the long-term 200-day moving average; thus suggesting that the market is at crossroads currently.
Top Gainers & Losers on June 22: Kirloskar Oil Engines, Delhivery, Gabriel India, Urban Company among top gainers
The Indian stock market closed with gains as US-Iran peace talks progressed, boosting pharmaceutical and technology stocks. The Nifty 50 rose 0.37% to 24,102, while the Sensex closed at 77,044, up 0.31%. Broader markets and various sector indices also recorded positive movements.
Sensex jumps over 400 pts, Nifty above 24,100; IT stocks lead gains
Indian stock markets rebounded strongly on Monday, with Sensex and Nifty posting significant gains after Friday's dip. Tech stocks led the charge, while broader market indices also climbed. Despite Middle East tensions, Brent crude prices remained below $80, suggesting a potential de-escalation. Analysts remain optimistic, citing rupee appreciation and expected capital inflows as supportive factors for continued market momentum, particularly in mid and small-cap segments.
Sensex, Nifty end in the red: 5 key reasons behind today's market fall
The Nifty IT index emerged as the worst-performing sectoral gauge, dropping 4% after Accenture cut its revenue growth guidance. IT heavyweights Infosys, TCS, HCLTech, and Tech Mahindra were among the top losers on the Nifty.