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Technical View: Only a move above Tuesday's high could take Nifty to 25,500, Bank Nifty may hit 57,300 if it crosses 56,500

BUSINESS

Technical View: Only a move above Tuesday's high could take Nifty to 25,500, Bank Nifty may hit 57,300 if it crosses 56,500

As IT remains one of the lagging sectors, market participants will closely watch how sentiment evolves post TCS' Q2 numbers, says an analyst

SBI Cards stock rises 2.5% on new RBI credit loss framework, bullish brokerage views

BUSINESS

SBI Cards stock rises 2.5% on new RBI credit loss framework, bullish brokerage views

Risk weighted assets reduction to 75% from 150% is positive for SBI Cards, will release almost 450 bps of capital, said Macquarie

Bank of India shares rise to four-month high on strong Q2 update

BUSINESS

Bank of India shares rise to four-month high on strong Q2 update

The lender's domestic advances rose 14.6% YoY, while deposits grew 8.5% as of the quarter-ended September

BSE, Angel One, other capital market stocks rise up to 5.5%: Here's why

BUSINESS

BSE, Angel One, other capital market stocks rise up to 5.5%: Here's why

Angel One's client base jumped 24% YoY in Q2 and average client funding book rose 36.4%

Fortis, Max Healthcare, other hospital stocks rise up to 7% as govt revises medical procedures rates

BUSINESS

Fortis, Max Healthcare, other hospital stocks rise up to 7% as govt revises medical procedures rates

Global brokerage Macquarie sees procedure rates in key therapy areas of cardiology, neurology, oncology, orthopedic rising by 5%-30%

Bank Nifty rises for 5th day to reclaim 56,000-mark on strong Q2 biz updates from HDFC, Kotak Mahindra Bank

BUSINESS

Bank Nifty rises for 5th day to reclaim 56,000-mark on strong Q2 biz updates from HDFC, Kotak Mahindra Bank

Kotak Mahindra Bank and HDFC Bank reported loan disbursal growth of 15% and 10%, respectively, for the September quarter.

Marico business update: FMCG firm sees Q2 revenue growing around 30% on better pricing

BUSINESS

Marico business update: FMCG firm sees Q2 revenue growing around 30% on better pricing

Expect Jul-Sept gross margin to be under pressure on high base, says Marico

Defence shares rise for 3rd day: Azad Engg, Astro Microwave rise up to 11% as Goldman Sachs picks these eight stocks

BUSINESS

Defence shares rise for 3rd day: Azad Engg, Astro Microwave rise up to 11% as Goldman Sachs picks these eight stocks

Goldman Sachs initiates coverage on eight Indian defence stocks due to various factors like six-fold rise in domestic defence spending, scope for indigenisation and export expansion

Orient Tech, Netweb, other data center stocks rise up to 17% amid AI optimism as OpenAI hits $500-bn valuation

BUSINESS

Orient Tech, Netweb, other data center stocks rise up to 17% amid AI optimism as OpenAI hits $500-bn valuation

OpenAI, the company behind ChatGPT, has reached a valuation of $500 billion, following a deal in which current and former employees sold roughly $6.6 billion worth of shares

Canara Bank subsidiary IPO: Canara HSBC Life Insurance Co gets SEBI nod for updated DRHP

BUSINESS

Canara Bank subsidiary IPO: Canara HSBC Life Insurance Co gets SEBI nod for updated DRHP

The offer comprises an offer for sale of up to 23.75 crore shares of face value of Rs 10 each

Advance Agrolife IPO gets 6.5 times subscription on Day 3 so far; check latest GMP

BUSINESS

Advance Agrolife IPO gets 6.5 times subscription on Day 3 so far; check latest GMP

Proceeds from the fresh issue to the tune of Rs 135 crore will be utilised for funding working capital requirements, and rest for general corporate purposes

MCX shares rise 2.5% to hit 6-week high after UBS forecasts strong September quarter earnings

BUSINESS

MCX shares rise 2.5% to hit 6-week high after UBS forecasts strong September quarter earnings

UBS said MCX's Q2 results are likely to surpass market forecasts, aided by the rise of bullion prices

Sammaan Capital shares fall 5% as firm approves Rs 8,850-crore preferential issue to IHC: Here's why

BUSINESS

Sammaan Capital shares fall 5% as firm approves Rs 8,850-crore preferential issue to IHC: Here's why

Sammaan Capital shares snap six-day winning run as the stock's book value is likely to fall after the big equity dilution

Bank Nifty jumps 700 pts, Fin Nifty up 1.2% on RBI's lending, capital rules proposals

BUSINESS

Bank Nifty jumps 700 pts, Fin Nifty up 1.2% on RBI's lending, capital rules proposals

RBI has proposed to expand scope of capital market lending by banks to provide enabling framework to finance acquisitions

Sensex closes 400 pts lower from day's high, Nifty settles below 24,650: Three key reasons behind sharp market reversal

BUSINESS

Sensex closes 400 pts lower from day's high, Nifty settles below 24,650: Three key reasons behind sharp market reversal

Jitters ahead of RBI's interest rate decision, persistent FII selling weighed on market sentiment on September 30

Sensex up 400 pts, Nifty above 24,750: Value buying among key factors behind market rise

BUSINESS

Sensex up 400 pts, Nifty above 24,750: Value buying among key factors behind market rise

Positive global cues and fall in crude prices also contributed to the bullish sentiment on Indian markets on September 29 after benchmark indices fell nearly 3% last week

Sensex declines 700 pts, Nifty near 24,650: US tariffs on pharma, IT sell-off among key factors behind market fall

BUSINESS

Sensex declines 700 pts, Nifty near 24,650: US tariffs on pharma, IT sell-off among key factors behind market fall

Benchmark indices trading lower, driven by losses in pharmaceutical shares after US President Donald Trump announced a 100% levy on branded and patented drugs

GST 2.0 boost fizzles: Sensex falls 700 pts from day's high, Nifty below 24,750; key factors behind market decline

BUSINESS

GST 2.0 boost fizzles: Sensex falls 700 pts from day's high, Nifty below 24,750; key factors behind market decline

Mixed global cues and profit booking weighed on markets as they pared gains from day's high

Sensex down 600 pts from day's high, Nifty below 24,600: Weak global cues, other reasons behind sharp market fall

BUSINESS

Sensex down 600 pts from day's high, Nifty below 24,600: Weak global cues, other reasons behind sharp market fall

Profit booking and Nifty weekly expiry also weighed on the investor sentiment during the afternoon trade of September 2

Bulls back in action: Sensex rises nearly 750 pts, Nifty closes above 24,550; five key reasons behind market rally

BUSINESS

Bulls back in action: Sensex rises nearly 750 pts, Nifty closes above 24,550; five key reasons behind market rally

Positive global cues, buying in SBI, Grasim Industries shares contributed to the market rally on August 11

Rs 4,012-crore NSDL IPO gets subscribed 1.78x on Day 1, retail portion booked 186%; should you apply?

BUSINESS

Rs 4,012-crore NSDL IPO gets subscribed 1.78x on Day 1, retail portion booked 186%; should you apply?

The company mobilised over Rs 1,201 crore from institutional investors on July 29

Vedanta shares decline over 3% as Viceroy Research shorts parent's debt, says 'resembles a Ponzi scheme'

BUSINESS

Vedanta shares decline over 3% as Viceroy Research shorts parent's debt, says 'resembles a Ponzi scheme'

Vedanta says the report is 'a malicious combination of selective misinformation and baseless allegations'

Adani Group stocks rise up to 4% after Gautam Adani announces $15-20 bn annual capex in next five years at AGM

BUSINESS

Adani Group stocks rise up to 4% after Gautam Adani announces $15-20 bn annual capex in next five years at AGM

'Our capital investment across businesses is set to break all records,' Gautam Adani tells shareholders; Ambuja Cement, Adani Ports lead gains among Adani Group stocks

Bank Nifty rises 1% as brokerages see new RBI norms on LCR positive for lenders; Kotak, HDFC Bank up 2%

BUSINESS

Bank Nifty rises 1% as brokerages see new RBI norms on LCR positive for lenders; Kotak, HDFC Bank up 2%

Macquarie said RBI's expectation of a 600 bps improvement in LCR ratios for the banking system compared to Q3FY24 levels is encouraging

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