Buy or sell stocks: Following weak global market trends on rising US-China tension, the Indian stock market ended lower on Friday. The Nifty 50 index corrected 269 points and closed at 24,530, while the BSE Sensex lost 738 points and ended at 80,604. The Bank Nifty index nosedived 355 points and finished at 52,265. Tech … Read more
Stock market today: Despite mixed trends in the global markets, the Indian stock market ended higher on Friday. The Nifty 50 index finished 186 points higher at 24,502. The BSE Sensex shot up 622 points and closed at 80,519, whereas the Bank Nifty index ended marginally higher at 52,278. The rally in the Indian stock … Read more
Stock market today: Following weakness in the global markets, after the US Fed Jerome Powell did not offer any timeframe for the US Fed rate cut in 2024, the Indian stock market witnessed its worst session since 4th June 2024. The Nifty 50 index lost 108 points and closed at the 24,324 mark; the BSE … Read more
Stock to buy or sell: Yes Bank shares witnessed strong upside during Friday deals last week. Yes, Bank share price opened flat on Friday and remained sideways till 12:15 PM. The stock started gaining momentum at noon and touched an intraday high of ₹27.04 apiece on the NSE ahead of the closing bell. According to … Read more
Anand Rathi has assigned a ‘Buy’ rating on Rossari Biotech shares with a target price of ₹950 apiece, implying an upside potential of nearly 26% from its Thursday’s closing price. The specialty chemicals manufacturer Rossari Biotech is embarking on substantial ₹180 crore capex to yield an asset turnover of 4-5x on optimal utilisation. Anand Rathi … Read more
The 30-share BSE Sensex opened higher by 495.48 points or 0.65% at 77,102.05 level while the Nifty 50 started off at 23,480.95 level, up 158 points or 0.68%. According to Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, there is excellent news on inflation in both the US and India. In May, US … Read more
Modi 3.0 stock pick: After the formation of Modi Cabinet 2024, market experts are busy finding value picks on Dalal Street as most of the business and economy-related portfolios have been given to the same ministers who held the ministry in Modi 2.0. In this line, stock market experts predict that the Modi 2.0 policies … Read more
India stock market: The Indian stock market benchmarks, Sensex and Nifty 50, closed with slight gains on Friday, May 31, breaking the pattern of losses from the preceding five sessions. The Sensex concluded the session with a 0.10 percent rise, gaining 76 points to reach 73,961.31, as 15 stocks saw an increase. Meanwhile, the Nifty … Read more
Stock market today: PNB Housing Finance share price witnessed heavy selling in the early morning session. PNB Housing Finance share price today opened downside at ₹744 apiece on NSE and touched an intraday low of ₹724 per share, recording an intraday loss of nearly 8 percent in the morning session. However, the housing finance share … Read more
Trade setup for stock market today On the outlook of Nifty today, Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, said, “The short-term trend of the Nifty 50 index is choppy with range-bound action. Any upside from here could encounter strong resistance around 22800 levels. Immediate support for Nifty today is placed at 22,550 … Read more