Market News
Stay updated with the latest market trends, earnings, and economic indicators.
China gold ETF overtakes CSI 300 fund as investors move away from equities
State-backed purchases of stock ETFs have eased in China, while demand for gold, fixed-income and cash-management funds has reshaped the country's ETF rankings.
Nifty Bank rises 400 points as HDFC Bank, IndusInd, other stocks jump up to 3% after Q1 updates
The Nifty Bank index rose over 400 points on Monday as gains in HDFC Bank, IndusInd Bank and ICICI Bank outweighed a sharp decline in Kotak Mahindra Bank. Investors reacted to first-quarter business updates, with HDFC Bank emerging as the top gainer after reporting healthy growth in advances and deposits.
From Gift Nifty, crude oil prices to gold rate: 8 key things that changed for Indian stock market over weekend - livemint.com
From Gift Nifty, crude oil prices to gold rate: 8 key things that changed for Indian stock market over weekendlivemint.com
Analysts back buy-on-dips strategy as Nifty targets 24,450–24,800
Indian stock market analysts are optimistic, anticipating the Nifty to continue its upward trend. They suggest buying on dips around the 24,000-24,150 mark, with potential upside targets reaching 24,800. Several stocks, including Container Corporation of India, IndusInd Bank, Biocon, HDFC Asset Management Company, Shriram Finance, and Piramal Pharma, are highlighted as strong buy recommendations with specific price targets and stop-losses.
Pre-market action: Here's the trade setup for today's session
Indian markets ended Friday on a high, with the Nifty gaining 0.4% and securing a 0.9% weekly rise. Positive sentiment stemmed from weaker US labor data, bolstering hopes for stable interest rates. Analysts anticipate a continued upward trend for Indian equities, buoyed by global factors and easing US rate concerns. Stock-specific movements are expected from June-quarter updates, while monsoon progress remains a key focus.
India emerging as contrarian bet as TSMC, Samsung, SK Hynix drive 72% of EM rally: DSP Mutual Fund - Moneycontrol.com
India emerging as contrarian bet as TSMC, Samsung, SK Hynix drive 72% of EM rally: DSP Mutual FundMoneycontrol.com
Ahead of Market: 10 things that will decide stock market action on Monday
Indian stock markets surged on Friday, with Sensex and Nifty posting gains exceeding 0.3%. This upward trend was fueled by a calmer Middle East situation, reduced expectations of US Federal Reserve rate hikes, and positive domestic factors like the India-Japan Summit and IT sector recovery.
ICICI Prudential Mutual Fund reduces stake in Entertainment Network India Ltd by over 2% - scanx.trade
ICICI Prudential Mutual Fund reduces stake in Entertainment Network India Ltd by over 2%scanx.trade
Will Bulls remain in control in July? History says Nifty 50 has a 72% success rate
July historically benefits the Nifty 50, showing gains 18 of 25 years. With a 72% success rate and an average return of 2.19%, macroeconomic factors promote positive momentum this July, though seasonality shouldn't be the sole trading strategy.
Adani Enterprises QIP gets nearly 4x bids, successfully raises Rs 15,000 crore
Adani Enterprises successfully raised ₹15,000 crore through a qualified institutional placement, attracting significant interest from both foreign investors like Capital Group and Goldman Sachs, and domestic mutual funds. The issue was oversubscribed nearly four times, with the funds earmarked for capital expenditure, debt repayment, and strategic growth initiatives. This successful fundraising underscores strong investor confidence in the company's expansion plans.
Middle Class Growth Engine Of India; 500 Cities To Emerge As Economic Hubs: Sitharaman
Since India opened its economy, the middle class is growing at an annual rate of 6.3%, she noted.
Manufacturing MSME credit growth slows to three-year low: Report
Manufacturing MSMEs are experiencing the slowest credit growth in three years, raising concerns about lenders' strategies. Only 41% of registered small businesses have accessed formal credit, and the share of new borrowers is declining. While trades and services sectors saw faster credit expansion, manufacturing's asset quality improvement lagged. This trend highlights a need for collective efforts to boost credit accessibility for emerging enterprises.