India’s heartbeat indices Nifty and the BSE Sensex ended negative on Tuesday recording their eighth successive loss led by selling pressure in consumer, realty and IT stocks though auto, banks and metals capped the declines. Trade remained lackluster, with the Nifty moving in a narrow 140-point range and the Sensex confined to 470 points. Nifty…
Shares of Hyundai Motor India Ltd could fall over 26% from current levels, says domestic brokerage InCred Equities, while maintaining its Reduce call on the counter. Analysts have assigned a target price of Rs 2,023 per share, significantly lower than the previous close of Rs 2,737 per share. The brokerage believes that the government’s recent…
The Indian market fell for a fifth straight session on Thursday, with the Sensex and Nifty dragged lower by financial and IT shares as persistent foreign outflows and worries over U.S. visa curbs weighed on sentiment. The S&P BSE Sensex dropped 555.95 points, or 0.7%, to close at 81,159.68, while the NSE Nifty 50 shed…
Shares of Ashish Kacholia-backed Fineotex Chemical rallied sharply on Friday, surging 16.6% to an intraday high of Rs 271 on the BSE. The smallcap specialty chemical stock witnessed strong investor interest after the company informed exchanges that its Board of Directors will meet on Saturday, September 27, to consider several key proposals. In its filing,…
Markets extended their positive streak on Wednesday, gaining nearly half a percent. In today’s trade, shares of Infosys, ZEE, Tata Motors, Tata Motors, Vedanta, Kotak Mahindra Bank among others will be in focus due to various news developments. InfosysShares of Infosys will be in focus as the company’s board will meet today to consider and…
Mumbai: The rally in shares of automobile makers gathered steam on Monday, fuelled by expectations that the vehicle price cuts following the reduction in Goods and Services Tax (GST) last week would boost demand. Tata Motors and Mahindra & Mahindra gained nearly 4%, emerging as the top Sensex gainers on Monday. Maruti Suzuki rose 2.4%….
Indian benchmark indices Sensex and Nifty fell for a third straight session Friday, dragged down by Reliance Industries after its annual shareholder meeting and further pressured by investor unease over steep U.S. tariffs on Indian exports rolled out earlier this week. The BSE Sensex declined 270.92 points, or 0.34%, to finish at 79,809.65, while the…
Indian headline indices ended Tuesday on a weak note dragged by banking and financial stocks even. HDFC Bank and ICICI bank were major spoilers. While Nifty declined 221.75 points or 0.4% to close at 24,487.40, the 30-stock S&P BSE Sensex finished at 80,235.59, falling by 368.49 points or 0.46%. Here’s how analysts read the market…
Indian benchmark indices Sensex and Nifty50 opened higher on Monday, supported by gains in banking and auto stocks, after U.S. President Donald Trump extended the deadline for trade talks with the European Union, easing near-term trade tensions. The BSE Sensex was trading 617 points, or 0.76%, higher at 82,338. The Nifty50 was up 154 points,…
The Indian market closed lower on Monday, with benchmark indices logging their worst session in 10 months as an intensifying tariff-fueled selloff and rising global recession fears drove investors away from riskier assets. The benchmark BSE Sensex declined 2226.79 points or 2.95% to close at 73,137.90, while the broader Nifty 50 index closed at 22,161.60,…