Here’s a quick look at stocks likely to be in focus in today’s trade. Trent and Bharat Electronics: In a significant move by the National Stock Exchange (NSE), Trent and Bharat Electronics Limited (BEL) will be added to the prestigious Nifty 50 index, effective from September 30. This reshuffle highlights the growing importance of these …
Benchmark Nifty hit a milestone of 25,000 on Friday, but slipped later due to weak global cues, ending its eight-week winning streak. Analysts say all the focus this week will be on the global markets as we are seeing the first major signs of weakness after a long period of stability. Here’s breaking down the …
India Inc’s first-quarter earnings have been mixed so far, with better-than-expected numbers from IT companies but slightly underwhelming performance from banks. As we approach the end of the earnings season, several companies, including Airtel, ONGC, LIC, Vedanta, and Tata Power, will announce their June quarter results this week. August 5 Bharti Airtel, ONGC, Marico, Bharti …
Indian stock market: Market indices – Sensex and Nifty – closed in a flat note on Thusday, July 11. The Nifty 50 ended the session with a marginal decline of nearly 9 points, or 0.03%, closing at 24,315.95, while the Sensex finished 27 points lower, or 0.03%, at 79,897.34. “Nifty index opened positive but witnessed …
Profit booking at higher levels took center stage as the Indian stock market benchmarks—the Sensex and the Nifty 50—ended their four-day winning streak with losses on Friday, June 28. Despite hitting fresh all-time highs during the session, both benchmarks succumbed to profit booking as investors took gains amid mixed global cues. The Nifty 50 reached …
 "Brokerage lists 54 ‘Modi stocks’ likely to benefit from BJP win in Lok Sabha elections – Firstpost")
Prime Minister Narendra Modi. Source: Reuters Stocks of 54 companies, most of them public sector undertakings (PSUs), could be direct beneficiaries of the policies of the current government led by Prime Minister Narendra Modi, said international brokerage CLSA. The brokerage further predicted that the stocks of India’s state-run companies, or PSUs, may see a top …
The Reserve Bank of India has granted its approval for the appointment of Pradeep Kumar Sinha as the Part-time Chairman of ICICI Bank. Sinha is set to assume this role for a term of three years, starting from July 1, 2024.Sinha will step into the position vacated by G. C. Chaturvedi, who is due to …
Key Q4 Results Live Updates: With the likes of Maruti Suzuki, Wipro, Bajaj Finserv Infosys, TCS, HCL Technologies, HDFC Bank, Jio Financial, Reliance Industries, Tata Consumer Products, HUL, Axis Bank, Tech Mahindra, M&M, Vodafone Idea, Biocon, Godrej Industries, having already released their earnings for the quarter ended March 31, 2024, the Q4 earnings season is …
The earnings season commenced in the second week of April and continues as more than 500 companies are poised to announce their fourth-quarter results in the upcoming week. Domestically, the final significant wave of Q4 earnings announcements will influence individual stock fluctuations. Included in this list are prominent names such as FSN E-Commerce Ventures (Nykaa), …
Nifty heavyweights HDFC Bank, Jio Financial Services and Adani Power will be in focus ahead of the Thursday rejig in Nifty indices. These stocks are expected to be among the biggest beneficiaries of the latest semi-annual adjustment exercise that could trigger cumulative inflows of over $650 million, according to estimates by Nuvama. HDFC Bank will …