Market News

Sensex Today | Stock Market LIVE Updates: GIFT Nifty trades over 350 points lower; Hindalco in focus

Sensex Today | Stock Market LIVE Updates: The Nifty is back at key support levels of 23,300 and last week's low of 23,151 will be the most important to watch on the downside, to prevent the index from collapsing down to levels of 22,800 - 22,700. On the upside, 23,500 remains a hurdle. The Nifty Put-Call Ratio is at 0.83 and it is near levels of 0.65-0.6 when there is generally a bounce in the index.

INR settles lower as prolonged West Asia crisis poses a major risk for India; RBI eyed

The Indian rupee depreciated 7 paise to close at 95.83 (provisional) against the US dollar on Thursday, as heightened geopolitical tensions between the US and Iran drove energy volatility and aggressive safe-haven buying. The prolonged West Asia crisis poses a major risk for India, which relies heavily on energy imports. Market participants are now turning their attention to the Reserve Bank of India's MPC rate decision on June 5, as inflation, growth and the rupee are under focus. The six-member MPC, headed by RBI Governor Sanjay Malhotra, will announce its decision on June 5. Indian equity benchmarks ended flat but resilient today, recovering from early intraday losses. The NSE Nifty 50 closed marginally higher by 10.95 points (0.05%) at 23,416.55, while the BSE Sensex inched up 13.84 points (0.02%) to finish at 74,360.01. The primary catalysts for the market recovery were breaking news of potential tax concessions for foreign institutional investors (FIIs) and tentative signs of ..

Market wrap: Sensex closes flat, Nifty holds 23,400; Titan, Eternal lead gains

Indian stock markets finished the trading session with minor gains. The Sensex and Nifty saw fluctuations throughout the day before settling higher. India VIX, a measure of market volatility, experienced a notable decline. This indicates a period of relative stability after intraday movements. Investors observed the market's performance as it concluded the day's trading.

Top Gainers & Losers on June 4: Physicswallah, Anant Raj, Force Motors, Hitachi Energy, Voltas among top gainers

The Nifty 50 and Sensex closed 0.14% and 0.03% higher at 23,396 and 74,368, respectively. The broader market, however, outperformed the benchmark indices, with both the Nifty Midcap 100 and Nifty Smallcap 100 indices rising 0.43% and 0.52%, respectively.

Asian Paints Share Price Live Updates: Asian Paints exhibits low volatility in the market.

Stocks in news: Alkem Labs, Vedanta, Canara Bank, NHPC, Adani Ports

Markets closed higher on weekly expiry day despite volatility, with Nifty showing signs of recovery but facing resistance around 23,800-24,000. Key stocks like Alkem Labs, Vedanta, Canara Bank, NHPC, and Adani Ports are in focus due to significant corporate developments including block deals, ED visits, capital raising plans, oversubscribed OFS, and strong cargo volumes.

Sensex Today | Stock Market LIVE Updates: GIFY Nifty hints at gap-down; Ashok Leyland in focus

Sensex Today | Stock Market LIVE Updates: Brent continues to remain below $100 a barrel and the bulls would take that with both hands. For levels, 24,000 continues to act as a barrier for the index, while a close above 23,800 will be crucial to head into the new month on a positive note.

Sensex Today | Stock Market LIVE Updates: GIFT Nifty trades 100 pts lower; ONGC in focus

Sensex Today | Stock Market LIVE Updates: Even as the Nifty ended lower, it managed to defend 23,900 on the downside. The key level lower down for the Nifty is 23,800 on a closing basis. On the upside, 24,088, which is Tuesday's high, followed by the 24,200 - 24,250 zone could act as a potential hurdle.

Nifty Midcap 100 hits all-time high even as Sensex, Nifty slide

Midcap stocks outperformed benchmark indices as domestic investors continued to favour the segment despite geopolitical tensions and sustained foreign investor selling

Premier Energies shares in focus as promoters sell stake worth Rs 2,289 crore. Check top buyers

Promoter family members of Premier Energies sold shares worth around Rs 2,289 crore through a block deal, while institutional investors, including Quant Mutual Fund and Nomura, picked up stakes. The development comes amid strong investor interest in renewable energy and domestic solar manufacturing, supported by robust earnings growth and aggressive capacity expansion plans.

INR rebounds well from historic lows as oil retreats from elevated levels; geopolitical risk and oil price sensitivity to cap upside

The Indian rupee rebounded 49 paise from its all-time closing low to settle at 96.37 against the US dollar on Thursday after crude oil prices retreated from elevated levels amid signs of easing geopolitical friction, alongside likely central bank intervention. Rupee had gained after the recent geopolitical developments, but investors are still gauging the geopolitical risk and oil price sensitivity in the background. The one-year forward market rate for the rupee touched the crucial 100/USD mark on Wednesday, indicating that currency markets are pricing in a weakening bias for the USD/INR pair over the next 12 months. Meanwhile, The Nifty 50 settled at 23,654.70 (down 4.30 points or 0.02%), while the BSE Sensex closed at 75,183.36 (down 135.03 points or 0.18%). The dollar index rose above 99.2 on Thursday, approaching again April-highs, as markets continued to track developments in the Middle East.

Rupee at all-time low: How a weak currency could impact your wallet

Indian rupee hits record lows against US dollar as crude oil tops 100, raising import costs, threatening higher prices for fuel, travel and goods, while exporters and remittance earners gain