BUSINESS
Sensex, Nifty in red as financials, autos weigh; metals surge ahead of China stimulus hopes
Nifty Bank was one of the worst performers, down 0.7 percent, pulled lower by Kotak Mahindra and Federal Bank. Nifty Auto also slid 0.4 percent, with M&M and Maruti Suzuki leading the declines.
BUSINESS
TCS stock plunges as Q2 result fails to impress the Street
Reflecting on the poor performance, brokerage Nuvama trimmed its earnings forecasts for TCS, lowering FY25E and FY26E earnings per share (EPS) estimates by 4.9 percent and 3.9 percent, respectively.
BUSINESS
Sensex, Nifty near flatline; FII sell-offs, weak earnings outlook weigh on markets
Banks and telecom stocks declined, but a resilient push from oil & gas and metals prevented Nifty's steeper dive into the red.
BUSINESS
TCS taps emerging markets to fuel growth as US, Europe demand remains muted
This India growth story is being partly led by the banking platform, which now serves a diverse range of banking institutions, from commercial and urban cooperative banks to rural, private, and small financial banks.
BUSINESS
TCS expects growth rebound in Q4 FY25 after a seasonally weak Q3
The Mumbai-headquartered company believes that once market uncertainties ease, clients will start investing again.
BUSINESS
Sensex holds steady, Nifty 50 closes below 25,000; IT, pharma under pressure
Nifty Pharma and Nifty Healthcare indices faced significant pressure, each dropping over 2 percent, with Sun Pharmaceutical Industries, Lupin, and Cipla leading the declines in these sectors.
BUSINESS
Sensex, Nifty close near flatline as heavyweights spoils the party
FMCG and energy stocks weighed down the market, while gains in the banking, IT, and auto sectors offered some respite.
BUSINESS
Sensex, Nifty at day's high after RBI MPC keeps repo rate unchanged at 6.5%; Nifty Realty shines
Nifty IT extended its winning streak for the fourth consecutive session, rising 0.8 percent ahead of the Q2 FY25 earnings season, driven by gains in Tech Mahindra, HCLTech, and TCS.
BUSINESS
Short Call | Can Indian IT finally break the cycle of earnings gloom? Varun Beverages, Skipper in focus
History shows us, over and over, that bull markets can go well beyond rational valuation levels as long as the outlook for future earnings is positive. - Peter Bernstein
BUSINESS
Sensex, Nifty rally after six-session slump; banking, oil stocks surge, metals falter
Nifty Bank soared over 1 percent, snapping a six-day losing streak, boosted by strong performances from HDFC Bank, SBI, and Kotak Mahindra.
BUSINESS
BJP's return to power in Haryana likely to lift market sentiment, say analysts
The election, which surprised analysts, is expected to have a short-term sentimental impact on the markets considering the ruling party might come back to power for the third time.
BUSINESS
TCS Q2 Earnings Preview: BSNL deal to power over 2% revenue jump
Brokerages attribute TCS’s likely revenue growth in the September quarter to the ramp-up of deals in North America, BFSI, retail, and, of course, BSNL.
BUSINESS
Indices turn green on boost from banking stocks; metal, IT stocks weigh on Nifty
Metal stocks dropped over 2 percent following a decline in SGX iron ore prices. Tata Steel, Hindalco, and JSW Steel led the decline in Nifty Metal.
BUSINESS
Sensex, Nifty close in red for fifth session, Middle East tension rattles market
Concerns over the escalating conflict in the Middle East have raised fears of potential disruptions to crude supplies from the top oil-producing region, pushing prices higher—a situation that impacts net importers like India.
BUSINESS
Sensex, Nifty stumble on geopolitical fears; financials, energy stocks drag
Financial services, oil & gas, and auto stocks led the decline in Nifty, while IT stocks bucked the trend, providing a rare glimmer of strength amidst the broader market slump.
BUSINESS
Sensex, Nifty close 2% lower as geopolitical tensions, regulatory changes weigh on markets
The sell-off was driven by rising geopolitical tensions in the Middle East, regulatory changes in the futures and options (F&O) segment, and concerns over foreign investment outflows.
BUSINESS
Sensex, Nifty plunge over 1% amid rising tensions in Middle East; India VIX surges 8%
Excluding metal, the remaining 12 sectoral indices traded in the red, with financial services, auto, and oil and gas stocks leading the declines.
BUSINESS
Sensex, Nifty close flat; IT stocks rally while energy, infra witness selling pressure
All 10 constituents of the Nifty IT index were up. Tech Mahindra rose nearly 3 percent and emerged as the top gainer on Nifty 50 after CLSA upgraded it to 'Outperform' from 'Hold' on the back of a recent price correction.
BUSINESS
Sensex, Nifty rebound after two sessions of losses; IT, auto stocks lead rally
Auto stocks were in focus as monthly sales data started trickling in, with M&M, Tata Motors, and Ashok Leyland driving the Nifty Auto index up by 0.3 percent.
BUSINESS
Sensex crashes over 1,200 points, Nifty sinks below 26,000; bank, energy stocks worst hit
Market experts pointed to several triggers for today's downturn, including escalating Middle East tensions, investor jitters ahead of Federal Reserve Chair Jerome Powell's speech, and the natural profit booking that followed a recent record-breaking rally.
BUSINESS
Sensex, Nifty slip at open amid mixed global cues; banking, auto stocks weigh
Of the 13 major sector indices, 11 were in the red today. Nifty FMCG and Nifty Metal were the only gainers, rising 0.3 percent and 1 percent, respectively.
BUSINESS
Sensex, Nifty snap six-day record-breaking rally, lose momentum amid sell-off in banking stocks
The Nifty Bank index fell by nearly a percent after two days of gains, with heavyweights Axis Bank, Kotak Mahindra, and HDFC Bank losing over 1 percent each.
BUSINESS
Sensex, Nifty surge to new heights for seventh session; IT, metal stocks lead the charge
Nuvama said that looking ahead, the ongoing bullish undertone is expected to persist, bolstered by ample liquidity in the market.
BUSINESS
Sensex, Nifty hit new peaks for sixth session; all sectoral indices close in green
The auto index rose over 2 percent with M&M, Maruti Suzuki, and Tata Motors leading the charge. Meanwhile, the metal index extended its five-day winning streak and also rose over 2 percent, fueled by optimism from China's stimulus measures aimed at reviving its economy.
