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Nifty June futures trade at premium
HDFC Bank (India) Infosys and Tata Consultancy Services were the top traded contract.
Sensex settles 791 pts higher; Nifty ends above 24,000 level; VIX slides 3.99%
The Nifty settled above the 24,000 level. All NSE sectoral indices closed in positive territory, with the exception of the auto and metal sectors.
Sensex jumps 791 points, Nifty tops 24,000: 3 reasons why markets rose today
Index majors ICICI Bank, HDFC Bank and Infosys led the rally, helping both Sensex and Nifty gain nearly 1%. The Nifty IT index also strengthened after Axis Capital upgraded eight IT stocks, adding momentum to the broader market.
Nifty June futures trade at discount
HDFC Bank (India) Infosys and Tata Consultancy Services were the top traded contract.
Nifty June futures trade at premium
HDFC Bank (India), Reliance Industries and Infosys were the top traded contract.
Sensex rises 291 points, Nifty tops 24,100: 5 key drivers behind the market rally
Sensex rose 291 to 77094, Nifty gained 90 to 24102, led by HDFC Bank, ICICI Bank, Reliance Industries, Infosys, with IT and pharma stocks like Cipla outperforming
Trust MF CIO sees revival in corporate cycle, stays bullish on mid and smallcaps
Mihir Vora, Chief Investment Officer at Trust Mutual Fund, remains bullish on renewable energy, with a preference for solar, and is betting on transmission and distribution companies as well as commercial clean energy suppliers catering to sectors such as data centres.
Flipkart extends lead in Indian ecommerce, Myntra widens lead in fashion, says BofA
Flipkart Group solidifies its e-commerce dominance in India, with Myntra leading the online fashion segment, according to a Bank of America Securities report. Despite intense competition, consumer demand remains robust, defying concerns about slowing discretionary spending. The report highlights resilient growth across various internet sectors, including online travel, quick commerce, and logistics, with AI adoption poised to enhance customer experience and optimize costs.
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.
Tata Consumer targets 17% Ebitda margin in 3 years via overhaul of distribution model
Tata Consumer Products is strategizing to improve margins, currently at 13.9%, by enhancing distribution channels and leveraging quick commerce growth. Recent acquisitions have boosted its entry into food services and pharmacy sectors.
Nifty June futures trade at premium
Infosys, TCS and HDFC Bank were top traded contracts
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.