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Indian stock markets witnessed a strong recovery as both Nifty and Sensex rebounded from their two-day losing streak. Nifty surged by 1.62%, gaining 378.20 points to close at 23,739.25, while Sensex saw a rise of 1.81%, adding 1,397.07 points and ending the session at 77,583.81. The market rebound was largely driven by strong performances in large-cap stocks, particularly in sectors such as finance and infrastructure.
Despite the recovery in benchmark indices, the broader marke
Indian stock markets witnessed a strong recovery as both Nifty and Sensex rebounded from their two-day losing streak. Nifty surged by 1.62%, gaining 378.20 points to close at 23,739.25, while Sensex saw a rise of 1.81%, adding 1,397.07 points and ending the session at 77,583.81. The market rebound was largely driven by strong performances in large-cap stocks, particularly in sectors such as finance and infrastructure.
Despite the recovery in benchmark indices, the broader marke
On February 4, Indian stock markets experienced a strong rally as the Sensex and Nifty surged following positive global cues and optimism surrounding a potential rate cut by the Reserve Bank of India. The Sensex opened at 77,687.60 and gained over 700 points to reach 77,952, while the Nifty 50 opened at 23,509.90 and rose nearly 1% to 23,582. Mid-cap and small-cap stocks also posted gains, contributing to an overall bullish sentiment in the market.
Investor confidence was boost
On February 4, Indian stock markets experienced a strong rally as the Sensex and Nifty surged following positive global cues and optimism surrounding a potential rate cut by the Reserve Bank of India. The Sensex opened at 77,687.60 and gained over 700 points to reach 77,952, while the Nifty 50 opened at 23,509.90 and rose nearly 1% to 23,582. Mid-cap and small-cap stocks also posted gains, contributing to an overall bullish sentiment in the market.
Investor confidence was boost
The US stock market saw a sharp decline on Monday following President Donald Trump’s announcement of new tariffs on Canada, Mexico, and China. The Dow Jones Industrial Average fell by over 450 points, marking a decline of more than 1%, while the S&P 500 dropped 1.5% and the Nasdaq lost 1.8%. These significant losses reflect growing concerns over escalating trade tensions and the potential negative impact on the global economy. The new tariffs, which impose a 25% duty on imports from
The US stock market saw a sharp decline on Monday following President Donald Trump’s announcement of new tariffs on Canada, Mexico, and China. The Dow Jones Industrial Average fell by over 450 points, marking a decline of more than 1%, while the S&P 500 dropped 1.5% and the Nasdaq lost 1.8%. These significant losses reflect growing concerns over escalating trade tensions and the potential negative impact on the global economy. The new tariffs, which impose a 25% duty on imports from
Paytm’s parent company, One97 Communications Ltd, saw its stock price rise by over 5% in intra-day trading on Wednesday. This surge followed an announcement regarding a $1 million investment by Paytm's subsidiary, Paytm Cloud Technologies Limited (PCTL), in Seven Technology LLC, the parent company of the Brazilian embedded finance startup Dinie. The investment aims to acquire a 25% stake in Seven Technology, marking Paytm’s continued expansion into global markets. Following th
Paytm’s parent company, One97 Communications Ltd, saw its stock price rise by over 5% in intra-day trading on Wednesday. This surge followed an announcement regarding a $1 million investment by Paytm's subsidiary, Paytm Cloud Technologies Limited (PCTL), in Seven Technology LLC, the parent company of the Brazilian embedded finance startup Dinie. The investment aims to acquire a 25% stake in Seven Technology, marking Paytm’s continued expansion into global markets. Following th
Dr Agarwal’s Healthcare Ltd, a leading healthcare provider, is all set to list its shares on the stock exchanges on February 4. The company raised a significant amount of ₹3,027.26 crore through its initial public offering (IPO), which included both a fresh issue and an offer for sale. The IPO was open for subscription from January 29 to January 31, 2025, and the allotment was finalized on February 3. The IPO was priced between ₹382 and ₹402 per share, with investors eager to see
Dr Agarwal’s Healthcare Ltd, a leading healthcare provider, is all set to list its shares on the stock exchanges on February 4. The company raised a significant amount of ₹3,027.26 crore through its initial public offering (IPO), which included both a fresh issue and an offer for sale. The IPO was open for subscription from January 29 to January 31, 2025, and the allotment was finalized on February 3. The IPO was priced between ₹382 and ₹402 per share, with investors eager to see
Summary:
Indian stock market saw a sharp decline: Sensex fell over 700 points, Nifty down nearly 300 points.
Decline triggered by global factors, including new US tariffs on Mexico, Canada, and China.
Foreign investor selling pressure continues, with FPIs pulling out significant funds from Indian markets.
Rupee hits a record low of Rs 87.07 against the US dollar.
Despite post-Budget relief for some sectors, overall
Summary:
Indian stock market saw a sharp decline: Sensex fell over 700 points, Nifty down nearly 300 points.
Decline triggered by global factors, including new US tariffs on Mexico, Canada, and China.
Foreign investor selling pressure continues, with FPIs pulling out significant funds from Indian markets.
Rupee hits a record low of Rs 87.07 against the US dollar.
Despite post-Budget relief for some sectors, overall
Jefferies predicts that 2025 will be a year of reckoning for Contract Development and Manufacturing Organization (CDMO) stocks, where actual earnings performance will determine the sector’s winners and laggards. While CDMO stocks saw remarkable returns in 2024, ranging from 20% to 80%, the brokerage points out that earnings were mixed, with some companies seeing upgrades, while others experienced sharp downgrades. Despite this, investor confidence remains strong, driven by long-term opt
Jefferies predicts that 2025 will be a year of reckoning for Contract Development and Manufacturing Organization (CDMO) stocks, where actual earnings performance will determine the sector’s winners and laggards. While CDMO stocks saw remarkable returns in 2024, ranging from 20% to 80%, the brokerage points out that earnings were mixed, with some companies seeing upgrades, while others experienced sharp downgrades. Despite this, investor confidence remains strong, driven by long-term opt
The week witnessed crucial political and economic developments that influenced market movements across the world. In India, Tata Consultancy Services (TCS) announced its third-quarter earnings, with a net profit rise of 4.1%, while the Union government predicted India's economy would grow at its slowest pace in four years, with a projected GDP growth rate of 6.4% for fiscal year 2024-25.
Meanwhile, India's merchandise trade deficit remained elevated despite a reduction in go
The week witnessed crucial political and economic developments that influenced market movements across the world. In India, Tata Consultancy Services (TCS) announced its third-quarter earnings, with a net profit rise of 4.1%, while the Union government predicted India's economy would grow at its slowest pace in four years, with a projected GDP growth rate of 6.4% for fiscal year 2024-25.
Meanwhile, India's merchandise trade deficit remained elevated despite a reduction in go
On Tuesday, both the S&P 500 and Dow Jones Industrial Average saw slight increases, as traders prepared for the upcoming release of US jobs data. The S&P 500 rose by over 0.39%, while the Nasdaq Composite and Dow Jones gained 0.26% and 0.38%, respectively. Nvidia, Walt Disney, Boeing, Nike, and Coca-Cola were some of the key gainers, with Nvidia's stock rising 1.5%. However, companies like Amazon, Goldman Sachs, and Salesforce faced declines after a Monday rally. The market will c
On Tuesday, both the S&P 500 and Dow Jones Industrial Average saw slight increases, as traders prepared for the upcoming release of US jobs data. The S&P 500 rose by over 0.39%, while the Nasdaq Composite and Dow Jones gained 0.26% and 0.38%, respectively. Nvidia, Walt Disney, Boeing, Nike, and Coca-Cola were some of the key gainers, with Nvidia's stock rising 1.5%. However, companies like Amazon, Goldman Sachs, and Salesforce faced declines after a Monday rally. The market will c
Cochin Shipyard’s stock saw a significant surge on Friday, hitting an upper circuit limit, following the announcement of a major order from Adani Ports and Special Economic Zone Ltd. The order, valued at approximately Rs 450 crore, is for the construction of eight state-of-the-art harbour tugs, making it the largest contract for the company under the government’s Make in India scheme.
Adani Ports emphasized its commitment to the "Make in India" and "Aatman
Cochin Shipyard’s stock saw a significant surge on Friday, hitting an upper circuit limit, following the announcement of a major order from Adani Ports and Special Economic Zone Ltd. The order, valued at approximately Rs 450 crore, is for the construction of eight state-of-the-art harbour tugs, making it the largest contract for the company under the government’s Make in India scheme.
Adani Ports emphasized its commitment to the "Make in India" and "Aatman
Stock Market Opening and Index Performance: The U.S. stock market opened with little change on Thursday, following a strong performance the day before where all major indices hit record highs. The S&P 500 index, a broader market indicator, started flat at 6,089.03 points. The Dow Jones Industrial Average gained a slight 24.4 points, reaching 45,038.44 points. Meanwhile, the Nasdaq C
Stock Market Opening and Index Performance: The U.S. stock market opened with little change on Thursday, following a strong performance the day before where all major indices hit record highs. The S&P 500 index, a broader market indicator, started flat at 6,089.03 points. The Dow Jones Industrial Average gained a slight 24.4 points, reaching 45,038.44 points. Meanwhile, the Nasdaq C
In a significant breakthrough in a ₹100 crore cyber fraud case, Delhi police have arrested a Chinese national, Fang Chenjin, who was allegedly involved in orchestrating fraudulent online stock trading scams. The fraud was carried out through WhatsApp groups, where the accused lured victims into fake stock market training sessions and convinced them to invest large sums of money, only for the funds to be diverted to multiple bank accounts under his control.
The case came to light a
In a significant breakthrough in a ₹100 crore cyber fraud case, Delhi police have arrested a Chinese national, Fang Chenjin, who was allegedly involved in orchestrating fraudulent online stock trading scams. The fraud was carried out through WhatsApp groups, where the accused lured victims into fake stock market training sessions and convinced them to invest large sums of money, only for the funds to be diverted to multiple bank accounts under his control.
The case came to light a
India's Nifty 50 index has entered the correction zone, falling over 10% from its peak in late September. This decline comes as foreign investors continue their record-level selloff of domestic stocks, triggering broad market losses. On Tuesday, the Nifty 50 dropped by 1.4%
India's Nifty 50 index has entered the correction zone, falling over 10% from its peak in late September. This decline comes as foreign investors continue their record-level selloff of domestic stocks, triggering broad market losses. On Tuesday, the Nifty 50 dropped by 1.4%
Tesla Inc. regained a market capitalization of $1 trillion on Friday after its shares surged by 26.1% throughout the week. This surge in stock price was driven by investor optimism surrounding President-elect Donald Trump’s recent electoral victory and the potential benefits of his return to the White House for Tesla’s future growth. The company had previously crossed the $1 trillion market cap in October 2021, December 2021, and March 2022, but it had been a while since it reache
Tesla Inc. regained a market capitalization of $1 trillion on Friday after its shares surged by 26.1% throughout the week. This surge in stock price was driven by investor optimism surrounding President-elect Donald Trump’s recent electoral victory and the potential benefits of his return to the White House for Tesla’s future growth. The company had previously crossed the $1 trillion market cap in October 2021, December 2021, and March 2022, but it had been a while since it reache
On Wednesday, the Indian stock markets showed a strong upward movement, with the Nifty 50 closing 1.12% higher at 24,484.05 and the BSE Sensex ending 1.13% up at 80,378.13. The rally was largely fueled by a significant surge in information technology (IT) stocks, including Infosys Ltd., Tata Consultancy Services Ltd. (TCS), and other major players in the sector. The rally was
On Wednesday, the Indian stock markets showed a strong upward movement, with the Nifty 50 closing 1.12% higher at 24,484.05 and the BSE Sensex ending 1.13% up at 80,378.13. The rally was largely fueled by a significant surge in information technology (IT) stocks, including Infosys Ltd., Tata Consultancy Services Ltd. (TCS), and other major players in the sector. The rally was
Maruti Suzuki India Ltd. is actively addressing its inventory levels in response to slowing domestic sales, with Chairman RC Bhargava announcing plans to meet an internal target of maintaining a 30-day inventory by the end of November. This adjustment may lead to a shift in the company's production strategy, as Bhargava emphasized the importance of aligning production with dealer sales.
The company is now focusing on retail sales data rather than wholesale figures to better asse
Maruti Suzuki India Ltd. is actively addressing its inventory levels in response to slowing domestic sales, with Chairman RC Bhargava announcing plans to meet an internal target of maintaining a 30-day inventory by the end of November. This adjustment may lead to a shift in the company's production strategy, as Bhargava emphasized the importance of aligning production with dealer sales.
The company is now focusing on retail sales data rather than wholesale figures to better asse
Bitcoin surged past $73,000 on Tuesday, approaching its all-time peak as investors eagerly anticipated the upcoming U.S. presidential election.
According to Coin Metrics, Bitcoin’s value recently climbed by 3.8%, settling around $72,333.10. Earlier, it spiked to $73,601.59, its highest point since March 14—the same day it reached its record price.
This rise triggered significant short liquidations, totaling over $113 million in the last 24 hours, as reported by
Bitcoin surged past $73,000 on Tuesday, approaching its all-time peak as investors eagerly anticipated the upcoming U.S. presidential election.
According to Coin Metrics, Bitcoin’s value recently climbed by 3.8%, settling around $72,333.10. Earlier, it spiked to $73,601.59, its highest point since March 14—the same day it reached its record price.
This rise triggered significant short liquidations, totaling over $113 million in the last 24 hours, as reported by
Aegis Vopak Terminals Ltd. has announced that its board of directors has approved a proposal to raise ₹4,000 crore through an initial public offering (IPO) and an additional ₹800 crore via private placement. The IPO will consist of a fresh issue of equity shares, each with a face value of ₹10, as stated in the company's exchange filing.
The IPO is subject to regulatory approvals and market conditions, while the preferential issue will be conducted on a private placement ba
Aegis Vopak Terminals Ltd. has announced that its board of directors has approved a proposal to raise ₹4,000 crore through an initial public offering (IPO) and an additional ₹800 crore via private placement. The IPO will consist of a fresh issue of equity shares, each with a face value of ₹10, as stated in the company's exchange filing.
The IPO is subject to regulatory approvals and market conditions, while the preferential issue will be conducted on a private placement ba
India's benchmark equity indices closed lower for a second consecutive week on Friday, as market sentiment was dampened by losses in major stocks such as Titan Co. and Tata Steel Ltd. On Friday, the Nifty index slipped by 0.10%, or 24.15 points, finishing at 24,974.3, while the Sensex declined by 0.22%, or 176.01 points, closing at 81,435.40.
The decline was attributed to the performance of banking stocks and Tata Consultancy Services Ltd., which contributed significantly to the
India's benchmark equity indices closed lower for a second consecutive week on Friday, as market sentiment was dampened by losses in major stocks such as Titan Co. and Tata Steel Ltd. On Friday, the Nifty index slipped by 0.10%, or 24.15 points, finishing at 24,974.3, while the Sensex declined by 0.22%, or 176.01 points, closing at 81,435.40.
The decline was attributed to the performance of banking stocks and Tata Consultancy Services Ltd., which contributed significantly to the
India's benchmark equity indices, the Nifty 50 and the Sensex, snapped their six-session losing streak on Tuesday, posting gains despite a downturn in most global markets. This rally was primarily driven by heavyweight stocks, including HDFC Bank Ltd., Infosys Ltd., and Reliance Industries Ltd., as investors await the outcome of the upcoming monetary policy committee meeting set for Wednesday.
The Nifty 50 index closed up by 0.88%, or 217.40 points, ending the day at 25,013.15,
India's benchmark equity indices, the Nifty 50 and the Sensex, snapped their six-session losing streak on Tuesday, posting gains despite a downturn in most global markets. This rally was primarily driven by heavyweight stocks, including HDFC Bank Ltd., Infosys Ltd., and Reliance Industries Ltd., as investors await the outcome of the upcoming monetary policy committee meeting set for Wednesday.
The Nifty 50 index closed up by 0.88%, or 217.40 points, ending the day at 25,013.15,
