Announcements

Live: Indian equity market braces for weak open after hot US CPI data; BPCL, M&M, Adani Ent in focus

US markets took a sharp knock last night with the Dow Jones clocking its worst drop since March 2023 after US January CPI rises more than expected. Dollar index has jumped to s 3-month high while US 10 year yield has shot up past the 4.3% mark. Meanwhile Asian markets are edging lower amid weak cues from Wall Street and the GIFT Nifty is signalling a drop of over 200 points. Dalal Street braces for a gap down open on Valentine’s Day! Among stocks in focus will be Adani Group firms, IRCTC, BPCL, M&M among others. Catch Nandita Khemka in conversation with Geoffrey Dennis, Independent Emerging Markets Commentator and Hemen Kapadia, Senior Vice President, Institutional Equity, KR Choksey Shares & Securities.

Eris Lifesciences acquires 51% in Swiss Parenterals for Rs 637 crore

This deal also marks the entry of Eris into the RoW Export Markets.

LIVE: Haryana based Vibhor Steel Tubes launches Rs 70 Cr IPO on Feb 13th |IPO Watch

The Rs 72.17-crore initial public offering of Vibhor Steel Tubes will open for public subscription today. The steel pipes and tubes manufacturer has set the price band at Rs 141-151 per share. Vibhor Steel Tubes has collected Rs 22 crore from anchor investors before IPO launch. Watch the management on their plans of going public.

Indian equities set for a cautious start post sharp sell-off; PSUs remain in focus | Opening Bell

The Indian equity market is expected to open on a cautious note on Tuesday tracking mixed global cues. Asian markets traded higher, while the US stock indices ended mixed overnight as investors awaited key US inflation data that will influence the Federal Reserve monetary policy.Stocks to watch out for include Coal India, SAIL, Dilip Buildcon, Ashiana Housing, One 97 Communications amongst others. Catch Nickey Mirchandai in conversation with Ajit Mishra, SVP-Technical Research and Prakash Diwan- Market Expert

Live: Indian market braces for more pain; Is the PSU party over? Coal India, Eicher in focus

Indian equity market continues to see profit booking but experts believe in case of further selling pressure, 21,500 is expected to act as an immediate support for the Nifty 50. On February 12, the BSE Sensex was down 523 points at 71,072, while the Nifty 50 fell 167 points to 21,616, due to selling pressure in the banking & financial services, metal, FMCG and oil & gas stocks. The major selling pressure was seen in broader markets as the Nifty Midcap 100 and Smallcap 100 indices were down 2.5 percent and 4 percent respectively. The increase in volatility above 16 mark also gave discomfort for bull. India VIX, the fear index, jumped 3.98 percent to 16.06, from 15.45 levels. This morning global cues are mixed with the Dow clocking a fresh record ahead of January CPI data and the Japanese Nikkei breaching the 37,000 mark to hit a fresh 34-year high. Meanwhile, Bitcoin surpassed the $50,000 mark for the first time in two years. The GIFT Nifty is hinting at a start above the 21,700 mark. Among stocks in focus will be Coal India, Hindalco, Eicher Motors. What should you do with PSU stocks after selloff? Catch Nandita Khemka in conversation with Sacchitanand Uttekar, Vice President- Research (Derivatives And Technicals) At TradeBulls Securities and Shrikant Chouhan, Head of Equity Research – Retail, Kotak Securities.

Live: Nifty sees triple-digit fall; Smallcaps Bleed, PSUs Crack| Hero, Honasa in focus| Closing Bell

PSU stocks come under pressure dragging the benchmark Sensex & Nifty lower. Sensex sheds over 450 points. Nifty Bank falls below 45,000 while the PSU Bank index cracks over 3%. But the wipe-out wasn't restricted to banking names. Rail PSUs like RVNL, IRFC, IRCTC, BEML crack 8-10% apiece while Power PSUs like SJVN, NBCC, NHPC were down anywhere between 10-20%. However, defensives like I.T. & pharma among top gainers today. Among the stocks in focus were Hero Moto Corp, Divi's Labs and Honasa Consumers post their Q3 earnings and brokerages adjusting their targets for these counters. Nandita Khemka & Yatin Mota discuss the highlights of the trading day on Closing Bell.

Live: Mamaearth parent Honasa’s shares soar as much as 10% post Q3 earnings l Earning Express

The company, which also houses brands like The Derma Co. and BBlunt, posted a 264 per cent jump in net profit to Rs 26 crore in the third quarter of FY24. Catch Nickey Mirchandani in conversation with Ram,anpreet Sohi, CFO, Honasa Consumer Limited live on Moneycontrol to know more.

Live: Nifty to consolidate further? Hero, ONGC & Coal India in focus | Oil outlook with Peter Mcguire

Indian equity market is expected to remain in a consolidative phase in the coming sessions with key support at 21,600-21,500 zone, while the hurdle on the higher side is expected to be at 22,050, the high of last week, experts said, adding if the index breaks the support, then selling pressure may extend further to 21,300 but surpassing the resistance (22,050) may take it to a new high. On February 9, the BSE Sensex rallied 167 points to 71,595, while the Nifty 50 rose 64 points to 21,783. The index also held 21-day EMA (exponential moving average 21,670), which can be an immediate support for the index. Meanwhile, the broader markets witnessed a sharp correction. The Nifty Midcap 100 index was down 0.89 percent and Nifty Smallcap 100 index fell 1.4 percent. This morning global cues are largely mixed after S&P 500 ended above the 5,000 level for the first time ever. The Gift Nifty is hinting at an open above the 21,900 mark. Among stocks in focus will be Hero Motocorp, ONGC, Aurobindo pharma and Coal India. Meanwhile shares of Apeejay Surrendra will list on the bourses today. We also have Peter Mcguire of XM Australia joining us in our studio for an outlook on where crude prices are headed amid the ongoing Red Sea tensions. Also joining us will be Rajesh Palviya, Axis Securities for chart checks and your stock related queries.

Live: Closing Bell | Nifty, Sensex rebound from day's low but mid & smallcaps suffer| LIC & Zomato in focus

Nifty rebounds after slipping in early trade, back to 21,790 levels, while Sensex gained 150-odd points. Broader indicies however, faced the wrath, midcap and Smallcap indices down 1 percent each. On the sectoral front, auto, capital goods, oil & gas, metal, power and realty down 0.5-2 percent each. On the other hand, PSU Bank and pharma indices up 0.5 percent each. Among stocks that were abuzz, LIC became India's 4th most valued firm whereas RVNL slumped over 8% after a disappointing Q3 earnings. Meanwhile, HSBC has a buy call on Zomato and has raised its target price to Rs 163 from the earlier Rs 150/share. Watch Nandita Khemka and Yatin Mota discuss details of the trading day on Closing Bell

LIVE: Healthcare Solution provider Entero launches its IPO on Feb 9, 2024 | IPO Watch

Haryana-based Entero Healthcare Solutions has set the price band at Rs 1,195-1,258 per share for its Rs 1,600-crore initial public offering.The IPO will be open for subscription from February 9 to 13, while the bidding for the anchor book will take place for a day on February 8.This will be the fifth public issue to hit the market this month after Apeejay Surrendra Park Hotels, Rashi Peripherals, Jana Small Finance Bank, and Capital Small Finance Bank. Catch Nickey Mirchandani live to know more.

Live: Nifty, Sensex crack post RBI Policy; Banks drag | Paytm, Tata Chemicals in focus| Closing Bell

Nifty erases early gains and slips deep into the red after RBI MPC held the repo rate steady. BSE Sensex tumbled 700 points while Nifty fell nearly 1 percent, dragged by banking stocks. PSU Banks were the clear outliers, with the PSU Bank index up over 3%, Whereas the laggards came from Auto's FMCG & private banks which caused the drag. Zomato posted a Q3 net profit of Rs 138 cr versus a loss of Rs 347 cr reported in the the same quarter the previous year. Other stocks in focus are Tata Chemicals, ITC & PayTM. Catch Nandita Khemka and Yatin Mota as thery discuss all this and more on Closing Bell

LIVE: Post Monetary Policy press conference by RBI Governor Shaktikanta Das | Decodes key decisions

The MPC outcome is on expected lines. RBI will continue to focus on aligning inflation towards its target of 4 percent which is expected to be attained by the June-August quarter. But hopes of a rate cut will have to be pushed towards the second half of the year. Will the RBI throw some colour on the on-going PayTM fiasco? Watch Governor Shaktikanta Das address media queries post the announcement of RBI MPC decision.

LIVE: Will Nifty scale past the record high | Opening Bell

The domestic equity market is expected to open positively tracking optimistic trends across the globe. The next big trigger for equity markets will be RBI policy meeting outcome on Feb 8th. Analysts believe that stock-specific action and sector rotation are likely to continue during this period of consolidation. Stocks to watch out for include Paytm, Britannia, Nykaa and Berger Paints amongst others. Within primary markets, Jana and Capital Small Finance Bank will open for subscription. Raashi Pheripherals to gain limelight too. Catch Nickey Mirchandani live in conversation with Rajesh Palviya · Senior Vice President Research (Head Technical & Derivatives ) at Axis Securities and Asutosh Mishra, Head-Research, INSTL EQUITY at Ashika Stock Broking.

Live: Nifty poised to reclaim 22,000? Ajay Bagga on Paytm fiasco| Nykaa profit doubles

Indian equity market saw a healthy bounceback after a day of correction. The Nifty seems to be on positive footing amid positive global cues and as the GIFT Nifty indicates a reclaim of 22,100 mark. Experts feel 21,600-21,500 area will remain a crucial support zone for the index. On February 6, the BSE Sensex jumped 455 points to 72,186, while the Nifty 50 rose 158 points at 21,929. Among stocks in focus will be Britannia, Nykaa, Tata Consumer and also watch out for Paytm. Catch Nandita Khemka in conversation Market Expert Ajay Bagga and Hemen Kapadia, Senior VP-Institutional Equity, KR Choksey Securities.

Live: Nifty reclaims 21,900 as stocks claw back from day's low| Banks, Airtel in focus | Closing Bell

Nifty reclaims 21,900; sees strong rebound after wobbly start. Broader markets outperform; Nifty Midcap 100 hits all-time high. NSE advance-decline ratio at 1.8:1. IT & energy clocking in big gains; metals, pharma & autos upbeat .Banks & FMCG under selling pressure. Catch Yatin Mota and Nandita Khemka as they discuss stocks on their radar including Bharti Airtel and Banks

LIVE: Rashi Peripherals IPO: Madhu Kela wife backed firm IPO to open for bidding on Feb 7th | IPO WATCH

Rashi Peripherals IPO will open on Feb 7 and remain open till Friday, Feb 9, 2024, The retail investors can bid for a minimum of 48 shares and in multiples of 48 after that. The minimum investment required by retail investors would be ₹ 14,160. Catch Nickey Mirchandani in conversation with Mr. Kapal Suresh Pansari, Managing Director and Rajesh Goenka, CEO of Rashi Peripherals to know more.

Judicious, visionary budget: IMF ED KV Subramaniam on Interim budget 2024 | Moneycontrol

In an exclusive conversation with Moneycontrol, IMF ED KV Subramaniam called the last budget of Modi 2.0 govt before the general elections, judiciary and visionary. Watch more to know his take on the interim budget

Election Budget — Rural development, consumption get a boost

Allocations for the MNREGA and road & highway construction hiked

LIVE: Indian equities set for a cautious start ahead of two big triggers | Opening Bell

Domestic stock indices are likely to open lower on Wednesday amid mixed cues. Domestic traders will be on the tenterhooks ahead of the interim Budget on Thursday. Stocks to watch out for includes L&T, M&M Financial Services, PB Fintech and Voltas amongst others.Shares of Nova AgriTech will be listed on bourses today. Catch Nickey Mirchandani in conversation with Rajesh Palviya · Senior Vice President Research (Head Technical & Derivatives ) at Axis Securities and Sandeep Raina, Executive Vice President - Research, Nuvama Professional Clients Group

Live: Market turns volatile ahead of Budget; How should you position yourself? L&T, Maruti in focus

Indian equity market turned rangebound ahead of couple of key events like FOMC meet outcome and interim budget. Experts say the Nifty 50 may take support at 21,400-21,300 area in case of further correction and on the higher side, it may face resistance at 21,700-21,800 zone. On January 30, the BSE Sensex dropped 802 points to 71,140 points, while the Nifty 50 declined 216 points to 21,522, after hitting the hurdle of 21,800. The volatility climbed above 16 mark for the first time since March 16 last year, which seems to have created discomfort for bulls. The India VIX, a fear index, rose 3.65 percent to 16.10, from 15.68 level. Global cues are mixed this morning with the Gift Nifty hinting at a lower start. Among stocks in focus will be L&T, Dr Reddy’s, Maruti, Sun Pharma and PB Fintech. Catch Nandita Khemka in conversation with Kush Bohra ,Founder, kushbohra.com and Market Expert Anshul Saigal

Live: BLS E-Services, a digital service provider launches its IPO on January 30, 2024 | IPO Watch

BLS E-Services, a digital services provider launches its IPO on January 30, 2024.The company's extensive network enables them to offer a wide range of (B2C) and (G2C) services. The IPO price band has been fixed in the range of Rs 129 to Rs 135 per equity. Hear out from the management on why they chose to go public. Catch Nickey Mirchandani in conversation with Mr. Shikhar Aggarwal, Chairman and Non-Executive Director, BLS E-Services Limited live on Moneycontrol to know more.

LIVE: Indian equities to extend previous session’s gains | Opening Bell

The domestic equity indices, Sensex and Nifty 50, are expected to open higher on Tuesday, extending gains from previous session’s sharp rally, amid positive global market cues. Globally, the equity rally comes at the start of a week packed with big corporate earnings, European inflation data, Federal Reserve and Bank of England policy meetings and U.S. employment data that could shape the market's direction for months to come.For Indian equity markets, the key trigger will be Interim Budget which will be presented on February 1st. Stocks to watch out for include ITC, Bajaj Finance, Voadafone Idea, Marico amongst others. Catch Nickey Mirchandani in conversation with Sandip Agarwal -Fund manager, Sowilo Investment Managers & Brijesh Ail Head Technical & Derivatives, Retail Research (IDBI Capital Markets and Securities Limited) live on Opening Bell.

Live: Sensex pares losses, Nifty below 21,400 | I.T., FMCG see selling | Bajar Gupshup

The Sensex was down 359.64 points or 0.51 percent at 70,700.67, and the Nifty was down 75.80 points or 0.35 percent at 21,378.20. About 1811 shares advanced, 1422 shares declined, and 56 shares unchanged. Catch Sumit Mehrotra live on Bajar Gupshup to know more.

Live: Nifty staring at more downside after yesterday’s crash? Axis, Bajaj Auto & Tata Steel in focus

After a severe correction of 1.5%, the market may make an attempt to bounce back in the coming session, but the sustainability of higher levels is a key to watch out given the bears having in a strong position and the continuity of lower highs, lower lows formation on the daily charts. Hence, in case of bounce back, 21,300-21,500 are the levels to watch, whereas 21,200 may act as an immediate support followed by 21,000 as a key support, experts said. On January 23, the BSE Sensex plunged 1,053 points to 70,371, while the Nifty 50 tanked 333 points to 21,239. The broader markets fell more than the benchmarks as the Nifty Midcap 100 and Smallcap 100 indices corrected around 3 percent each on disappointing breadth. About six shares declined against one rising share on the NSE. Among stocks in focus will be Axis Bank, Pidilite, Bajaj Auto among others. Catch Nandita Khemka in conversation with Hemen Kapadia Senior Vice President, Institutional Equity, KR Choksey Shares & Securities and Kunal Shah, Senior Research Analyst, Carnelian Capital and Kunal Shah, Senior Research Analyst, Carnelian Capital.