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Source: Live Mint Indian stock market: The Indian market saw another day of consolidation on Tuesday, with traders staying cautious ahead of the Federal Reserve’s upcoming policy meeting. On Wednesday, the Fed is anticipated to announce its first rate cut since 2020. The Nifty 50 closed the session with a 0.14% rise at 25,418 points,…
Source: Business Standard 3 min read Last Updated : Sep 16 2024 | 3:01 PM IST Shares of Bajaj Finance, the parent company of Bajaj Housing Finance; and the former promoter company Bajaj Finserv witnessed profit-taking on the bourses following a bumper listing the group’s housing finance arm. Bajaj Housing Finance stock debuted at Rs…
Source: Live Mint Buy or sell: The Nifty index concluded the week at 25,356, positioning itself near the key resistance zone of 25,500. As highlighted in previous analyses, a close above 24,600 ignited bullish momentum, paving the way for resistance targets between 25,200 and 25,500. As we have mentioned following a period of oversold conditions,…
Source: Live Mint Stock Market News: Following a record-breaking rise in the previous session, the domestic equity benchmark indices, the Sensex and Nifty 50, paused on Friday and ended modestly down due to profit-taking. The Sensex fell 0.09% to 82,890.94, while the Nifty 50 finished 0.13% down at 25,356.5. Both indices increased by around 2%…
Source: Business Standard 2 min read Last Updated : Sep 13 2024 | 10:26 AM IST Global brokerage Nomura picked Tata Motors, Mahindra & Mahindra (M&M), and Maruti Suzuki as its preferred stock after the government’s launch of the Rs 10,900 crore PM Electric drive revolution in innovative vehicle enhancement (PM E-DRIVE) scheme. Nomura…
Source: Business Standard 4 min read Last Updated : Sep 13 2024 | 12:05 PM IST ICICI Securities on PVR Inox: Buoyed by ‘five mega-budget Indian movies’, domestic brokerage ICICI Securities expects PVR Inox to post its ‘strongest’ quarterly show in the October-December quarter (Q3) of the current financial year 2024-25 (FY25). Given this, the…
Source: Business Standard 5 min read Last Updated : Sep 13 2024 | 1:21 PM IST A total of 9 stocks, out of which 5 turned ex-bonus, while the remaining turned ex-split this week. Prominent among these were Bigbloc Construction, Monarch Networth Capital and Franklin Industries, which traded ex-bonus in the ratio of 1:1…
Source: Business Standard 5 min read Last Updated : Sep 12 2024 | 12:19 PM IST Crude Oil prices have declined nearly 13 per cent so far in the month of September amid demand concerns from the two biggest world economies – the US and China. In the process, the Crude Oil prices are…
Source: Business Standard 2 min read Last Updated : Sep 12 2024 | 3:00 PM IST After two months of consolidation in a narrow band, HDFC Bank seems well poised for a significant breakout on the daily. Recently, the Bollinger Bands contracted to its narrowest range Rs 1,620 – Rs 1,655. As of…
Source: Live Mint Indian stock market: Indian shares experienced significant volatility in Wednesday’s trading session. The Nifty 50 index dropped by 0.50%, falling below the 25,000 mark to end at 24,915 points. Similarly, the S&P BSE Sensex decreased by 0.53%, closing at 81,485 points. “Volatility marked the trading session with intense profit-taking in late trades…
