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Saregama India Ltd gains for third straight session
Saregama India Ltd is quoting at Rs 447.4, up 5.48% on the day as on 12:49 IST on the NSE. The stock is down 18.19% in last one year as compared to a 4.79% slide in NIFTY and a 16.39% slide in the Nifty Media index.
Benchmarks trade sideways; media shares advance for 2nd day
At 11:30 ST, the barometer index, the S&P BSE Sensex, added 55.16 points or 0.08% to 75,926.16. The Nifty 50 index fell 17.95 points or 0.08% to 23,889.20.
Quick Wrap: Nifty Media Index records a surge of 3.05%
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Top Gainers & Losers on May 27: JP Power Ventures, Adani Total Gas, HFCL, Swiggy, Suzlon Energy among top gainers
On May 27, the Indian stock market showed little movement amidst US-Iran conflict uncertainty. The Nifty 50 closed down 0.03%, and the Sensex fell 0.19%. Sector performance varied, with Nifty Media rising 3% and Nifty Private Bank among the top decliners.
Hathway Cable & Datacom Ltd spurts 2.36%, up for third straight session
Hathway Cable & Datacom Ltd is quoting at Rs 10.83, up 2.36% on the day as on 12:49 IST on the NSE. The stock is down 30.22% in last one year as compared to a 3.32% fall in NIFTY and a 16.47% fall in the Nifty Media index.
Zee Entertainment Enterprises Ltd soars 10.41%
Zee Entertainment Enterprises Ltd is quoting at Rs 91.4, up 10.41% on the day as on 12:49 IST on the NSE. The stock is down 28.79% in last one year as compared to a 3.32% drop in NIFTY and a 16.47% drop in the Nifty Media index.
Markets may have bottomed out; Nifty could head towards 25,800: Rohit Srivastava
Rohit Srivastava, Founder of Indiacharts & Strike Money, believes Indian markets have likely formed a bottom and could gradually move higher over the next few months, with Nifty potentially heading towards 25,800. He remains bullish on Bank Nifty after a technical breakout and sees strength returning to broader markets through improving liquidity. Srivastava remains cautious on IT stocks despite short-term trading opportunities, while Reliance Industries and select private banks continue to show improving trends.Disclaimer: Network18 and TV18, the companies that operate CNBC-TV18, are controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
Top Gainers & losers on May 22: JSW Cement, Honasa Consumer, Tata Comm, Sammaan Capital, Trent among top gainers
On May 22, markets showed mixed results with the Nifty 50 gaining 0.40% and Sensex rising 0.36%. While Nifty Private Bank and Nifty Metal saw gains, Nifty Media and Nifty Pharma lagged. The Indian rupee strengthened to 95.9 per dollar amid RBI interventions.
Quick Wrap: Nifty Media Index rises 1.98%
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Sensex jumps 270 pts; Nifty trades above 23,750 mark
The Nifty traded above the 23,750 mark. Media, IT and FMCG shares advanced while Metal, realty and PSU Bank shares declined on the NSE.
Saregama India Ltd rises for third straight session
Saregama India Ltd is quoting at Rs 435, up 13.12% on the day as on 12:49 IST on the NSE. The stock is down 19.47% in last one year as compared to a 4.94% slide in NIFTY and a 13.24% slide in the Nifty Media index.
Nifty above 23,800 level; media shares in demand
At 10:30 IST, the barometer index, the S&P BSE Sensex, advanced 413.99 points or 0.55% to 75,811.03. The Nifty 50 index rose 137.80 points or 0.58% to 23,827.55.