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Nifty April futures trade at premium
HDFC Bank, Reliance Industries and Trent were top traded contracts
Vodafone Idea, Ola Electric, Adani Power— These are among the most traded stocks on NSE today, April 6
Vodafone Idea, Ola Electric Mobility, Adani Power, Reliance Power, YES Bank, Jaiprakash Power Ventures, Tata Gold Exchange Traded Fund, Tata Silver Exchange Traded Fund, Suzlon Energy, and PC Jeweller were among the most traded stocks on the NSE.
Sensex drops 300 points, Nifty below 22,650 as Trump's threats to Iran push oil above $110/barrel
Indian stock market got off to a negative start after US President Donald Trump's increased threats towards Iran. Consequently, oil prices surged above $110 per barrel. Major companies like IndiGo, Kotak Mahindra Bank, and Reliance Industries experienced significant losses.
Sensex, Nifty 50, Bank Nifty jump more than 1% each: Has Indian stock market bottomed out after Thursday's crash?
The Sensex, Nifty 50, and Bank Nifty are witnessing a relief rally after Thursday's massive fall, driven by a slight decline in crude oil prices, hopes that the worst in terms of war may be over, and valuations coming to fair levels, especially in the large cap segments.
Rajesh Palviya of Axis Sec suggests ACME Solar, Shriram Finance, Hindalco shares to buy today
On March 20, Nifty 50 and Sensex opened higher after a significant drop, buoyed by easing oil prices. The indices experienced a decline of 3.3% previously, with HDFC Bank losses leading. ACME Solar shows bullish momentum while Shriram Finance and Hindalco indicate bearish trends.
SBI, Canara Bank, BoB to PNB: PSU bank stocks rise up to 5% following stock market rebound
The Nifty PSU Bank index rose nearly 4% on March 20, reversing a previous 3% decline. Broader market gains and easing crude oil prices boosted sentiment. Key banks like Canara Bank and Union Bank saw significant increases, with all constituents trading positively.
Nifty Bank logs 3rd-worst March fall since the global financial crisis. HDFC Bank, SBI among top culprits
Nifty Bank posted its third-worst March in two decades, falling around 12%, with PSU and private banks under pressure. Heavy FII outflows, global macro headwinds, rising oil prices and geopolitical tensions have intensified the correction. Major constituents like HDFC Bank and ICICI Bank have significantly dragged the index lower.
Raja Venkatraman, MarketSmith recommend five stocks for 20 March
On March 19, Nifty 50 and Sensex dropped over 3% due to HDFC Bank chairman's resignation and rising crude oil prices. Analysts recommend buying Ipca Laboratories, Great Eastern Shipping, Colgate Palmolive, Glenmark Pharmaceuticals, and Power Finance Corporation amid market volatility.
Indian indices log biggest single-day decline in nearly two years
Indian equity benchmarks experienced their steepest single-day drop in nearly two years, plummeting over 3% on Thursday. Attacks on West Asian oil and gas infrastructure fueled inflation concerns, while HDFC Bank's sharp decline added further pressure. The Nifty closed below 23,000, and the Sensex fell significantly, wiping out recent gains and impacting market capitalization.
INR crashes to new record low beyond 92.60 mark; Positive equities fail to cap losses
The Indian rupee crashed to fresh lifetime lows on Wednesday, weighed down by a stronger greenback and sustained FII outflows. The rupee slumped 27 paise to close at a record low of 92.67 (provisional) against the US dollar on Wednesday. Elevated crude oil prices in global markets amid intensifying conflict in West Asia further dampened sentiments. Indian shares ended higher for a third consecutive session but failed to cap losses in the counter. The Sensex rose 633 points to close at 76,704 and the Nifty gaining 197 points to settle at 23,778. At the interbank foreign exchange, the local unit opened at 92.42 against the greenback and traded in the range of 92.41-92.48 for most of the session before losing ground at the fag end to close at its record low.
IEX share price surges over 3% following board's approval to launch Coal Exchange
Indian Energy Exchange shares surged 3% as it announced in-principle approval for a Coal Exchange. February saw a 30.4% growth in electricity trading volume to 12,550 million units and a 15.2% increase in renewable energy certificates traded.
INR settles at new lifetime low as soaring oil prices dampen sentiments
The Indian rupee declined 14 paise to settle at an all-time low of 92.42 (provisional) against the US dollar on Tuesday, pressured by rising crude oil prices and sustained outflow of foreign funds amid the West Asia crisis. A positive trend in domestic equity markets also helped the domestic currency at the lower level, even as investors remained watchful of the US Federal Reserve's interest rate decision. Indian stock markets closed significantly higher for the second consecutive session, driven by gains in auto and metal sectors despite volatility. The Sensex jumped 568 points (0.75%) to close at 76,071, while the Nifty 50 added over 172 points (0.74%) to end at 23,581, rebounding after recent sharp losses. At the interbank foreign exchange, the local unit opened at 92.35 and hit the lowest intra-day level of 92.47 against the greenback. The unit finally ended at a new lifetime low of 92.42.