Markets@moneycontrol

Live: Will Nifty’s struggle for direction continue amid VIX spike? DRL & GCPL in focus| Opening Bell

Indian equity market trend turned in favour of bears with consistent rise in volatility and the formation of yet another bearish candle on the daily charts. As long as the Nifty 50 holds 22,300, the low of long bull candle of April 25, the consolidation may continue in the coming sessions with hurdle on the higher side at 22,600 levels, but the breaking of 22,300 can raise the chance of weakness in the short term, experts said. On May 6, the BSE Sensex rose 17 points to 73,896, while the Nifty 50 fell 33 points to 22,443. The broader markets were also under pressure, with the Nifty Midcap 100 index falling half a percent and Smallcap 100 index declining 1.5 percent. Meanwhile, the volatility increased for the eighth consecutive session, putting the bulls at uncomfortable position and favouring bears. India VIX, the fear index, jumped 13.56 percent to 16.6, the highest closing level since February 1, 2023, and surged nearly 63 percent in eight days. Among stocks in news, Godrej Consumer, Marico, Lupin and Dr Reddy’s will be in focus among others. Catch Nandita Khemka decode the cues for trade with Asutosh Mishra, head research - inst equity, Ashika Stock Broking and Aamar Deo Singh, senior vice president, Angelone.

Live: Nifty stays below 22,500 as volatility spikes further| REC, PFC & Titan in focus| Closing Bell

Closing Bell: Nifty struggles below 22,500 as volatility rises. Nifty smallcap index underperforms. Titan, SBI, NTPC top losers. Banks, NBFCs will have to make additional provision for Under Construction Infra projects. Additional provision of 5% required as per new RBI Guidelines. From the Q4 Earnings basket; Titan shares drop most since 2020 as Q4 earnings lack shine. While Tata Tech Analysts cut target price post subdued Q4 earnings. Watch this edition of Closing Bell with Nandita Khemka and Yatin Mota.

Poonch IAF convoy attack: Congress' leader Channi calls it BJP's 'Stuntbaazi' to win elections

Congress leader Charanjit Singh Channi on Sunday called the Poonch terror attack, in which an IAF soldier was killed and four were injured, a “stunt” meant to make the BJP win the Lok Sabha elections. The remark by the former Punjab chief minister and Congress' Jalandhar parliamentary constituency candidate triggered a row with the BJP leader Manjinder Singh Sirsa calling his statement appalling and disrespectful towards soldiers.

Live: Will Nifty resume upmove after rollercoaster week? Kotak Bank Q4 impresses| Opening Bell

The market is expected to consolidate with a positive bias in the coming sessions, with immediate resistance on the higher side at 22,600-22,650, followed by 22,800 levels, while the 22,450 may act as a support, followed by 22,300, experts said. On May 3, the BSE Sensex plunged 733 points to 73,878 as the market participants turned cautious ahead US non-payrolls data which was lower than analysts estimates and unemployment rate that rose to 3.9% from 3.8% announced later in the day. The Nifty 50 declined 172 points to 22,476 after hitting a record high during the day. Meanwhile, the India VIX, the fear gauge, jumped 8.7% to 14.62 level, the highest closing level since March 4, and rallied 43.4% in the past seven consecutive sessions. Catch Nandita Khemka decode the cues for trade with Kush Bohra, Founder of kushbohra.com and Sandeep Bagla, CEO of Trust MF.

Live: Nifty takes a sharp u-turn after hitting new high; Coforge, Coal India in focus| Closing Bell

Sensex sheds over 700 points to slip below 74,000. Broader markets in red but outperform benchmarks. All sectoral indices in the red led by banks, IT & autos. India VIX jumps 8%; NSE advance-decline ratio at 1:2. Catch Santosh Nair and Nandita Khemka as they discuss stocks on their radar including Coforge and Coal India

LIVE: Market to witness volatility | Nifty above 22,600 | Stocks in news: Bajaj Finance, CIL | Opening Bell

The benchmark indices closed the session on May 2 in a rangebound manner but on a positive note. The hurdle on the higher side for Nifty 50 is expected to be 22,800, and the support on the lower side is likely to be 22,500-22,400, which coincides with 10-day and 21-day EMAs Among stocks in focus will be Bajaj Finance, Yes bank. Company's announcing their 4Q Earnings include Titan, Britannia, Tata Technologies, Adani Green Energy, Godrej Properties among others. Moneycontrol's Stacy Pereira speaks with Osho Krishan, Sr. Analyst - Technical & Derivative Research, Angel One and Dr. Vikas V. Gupta, CEO & Chief investment Strategist at Omniscience Capital

Live: Nifty trades in a range as VIX rises| Kotak Bank, Godrej Firms in focus| Closing Bell

Nifty rangebound; fails to hold on to 22,700. Mid & smallcaps move in tandem with benchmarks India VIX extends upmove; up another 5% . Autos, metals & pharma among top sectoral gainers . Nifty Bank erases gains; PSU banks, realty among losers . Nifty gainers: BPCL, Power Grid, Asian Paints, Bajaj Auto, Tata Motors. Catch Nandita Khemka and Yatin Mota as they discuss stocks on their radar including REC and Kotak Bank

Live: Nifty to chart new highs? | Fed maintains status quo | Opening Bell

The Nifty index looks subtle, hovering above its 20 DEMA. Traders are advised to maintain a positive stance and view dips as potential buying opportunities. On the global front, The US Federal Reserve maintained interest rates steady at 5.25-5.5% and signaled it is still leaning towards eventual reductions in borrowing cost.

Live: Nifty to make new record highs? | Earnings watch: IOC, Exide Ind | Opening Bell

All eyes are now on Fed FOMC meet kicks off on April 30. Global handover seems positive however, the gift nifty is siggesting a rather flat start for Indian equities. Can Nifty hit fresh record highs this week? Investors will also be looking out for stocks that will be reporting their earnings like IOC, REC, Havells and Exide Industries and reacting to earnings of Ultratech cement, UCO bank and others. Moneycontrol's Stacy Pereira speaks with Ajit Mishra--SVP, Technical Research, Religare Broking and Market Expert Prakash Diwan on Opening Bell

Live: Strategies for truncated trade week | Earnings Watch: ICICI Bank, Ultratech | Opening Bell

In a truncated week, the market is expected to consolidate with a positive bias, with focus on Fed interest rate decision, corporate earnings, monthly auto sales numbers, and manufacturing PMI data. If Nifty manages to stay above 22,300 then a further upside towards 22,600 can be expected. Broader indices continue to outperform. The markets will first react to the quarterly results of ICICI Bank, Maruti Suzuki, and HCL Technologies, which were announced over the weekend and also look forward to Q4 numbers from Ultratech cement. Moneycontrol's Stacy Pereira speaks with Milan Vaishnav, Founder and Technical Analyst, ChartWizard FZE and Gemstone Equity Research and Feroze Azeez, Deputy CEO, Anand Rathi Wealth on Opening Bell

Live: JNK India’s Rs 650 Cr IPO kicks off; should you subscribe?| Management on future outlook

Maharashtra-based JNK India’s Rs 650 cr IPO has kicked off for subscription. The price band has been set at Rs 395-415 a share and the IPO will close on April 25. The IPO consists of fresh shares of Rs 300 crore and an offer-for-sale of up to 8.42 million shares by its existing shareholders and promoters. On the upper price band, the issue size will be Rs 650 crore and the post-issue market capitalisation is likely to be Rs 2,300 crore. The company has raised Rs 195 crore from institutional investors on April 22. Institutional investors including Goldman Sachs, Allianz Global Investors Fund, Natixis International Funds, Kotak Mutual Fund, HDFC Mutual Fund, Nippon Life India, Mirae, DSP Mutual Fund, Edelweiss Trusteeship, LIC Mutual Fund, Bajaj Allianz Life Insurance Company and Aditya Birla Sun Life Insurance Company invested in the company via anchor book. Catch Nandita Khemka in conversation with Arvind Kamath, Chairperson and Goutam Rampelli, Director of the company.

Live: Indian market downtrend done? | Q4 earnings: RIL, HDFC bank | Opening Bell

After witnessing a sharp recovery on Friday, Nifty could trade in a range ahead of April series expiry this week. Divergent cues could keep investors on edge as Geo political tensions and elections are factors that could be at play. Big corporate earnings like RIL, HUL expected this week. Moneycontrol’s Stacy pereira discussed all this with Kunal Rambhia—Fund Manager, The Streets and Kranthi Bathini, Equity strategist at WealthMills securities on Opening Bell

LIVE: Wipro Management On Wipro Q4 Earnings & Future Outlook

Wipro Management On Wipro Q4 Earnings & Future Outlook. Watch the presser live on Moneycontrol to know more.

Live: Sensex, Nifty climb despite geopolitical tensions| Bajaj Auto & HDFC Bank In Focus|Closing Bell

BSE Sensex was up by 0.76% or 550 points to 73,041.27 while NSE Nifty was at 22,142 up by 0.65% or 142 points A total of 3,890 stocks were actively traded, 1,698 advanced, 2,071 declined and 121 stocks remained unchanged. 171 stocks hit 52 week high and 19 stocks hit 52 week low on the BSE. Catch Yatin Mota and Santosh Nair as they discuss stocks on their radar including Bajaj AUto and Infosys

LIVE: Infosys management on Infosys Q4 earnings & future outlook

Infosys On Q4 Earnings & Future Outlook. Watch the Presser live on Moneycontrol to know more.

Vodafone Idea’s mega Rs 18,000 Cr FPO opens| GQG among investors| CEO Akshaya Moondra on future plans

Vodafone Idea’s mega Rs 18,000 cr FPO opens for subscription. The company has raised Rs 5,400 crore from 74 anchor investors, the company announced in a press statement on Wednesday. The investors include GQG Partners, The Master Trust Bank of Japan, UBS, Morgan Stanley Investment Management, Citigroup Global Markets, Australian Super, Fidelity, Quant, and Motilal Oswal. In an interview to Moneycontrol’s Nandita Khemka, CEO Akshay Mundra highlights the company's strategy to address subscriber loss by prioritising 4G coverage and capacity growth. Despite challenges, including a significant portion of 2G subscribers, Vodafone Idea aims to align ARPU growth with industry peers.

LIVE: Nifty sees triple-digit fall for third day| Bharti Hexacom, Exide in focus| Closing Bell

Third day of selloff; Nifty drops below 22,200. Sensex drops below 73,000; India VIX rises further Broader markets outperform benchmarks. Breadth in favour of gainers; NSE advance-decline ratio at 2:1 .Nifty Bank below 47,500; IT top laggard. PSU Banks, metals among sectoral losers. Catch Nandita Khemka and Yatin Mota as they discuss stocks on their radar including Exide and Bharti Hexacom

LIVE: Tata Consultancy Services management on Q4 earnings & future outlook

Tata Consultancy Services Management On Q4 Earnings & Future Outlook. Watch the Presser live on Moneycontrol to know more.

Live: Nifty drops over 200 points amid broad-based weakness| Closing Bell

Nifty snaps record run; index skids over 200 points .Benchmarks underperform broader markets Breadth weak; advance-decline ratio at 1:2. All sectors in the red led by pharma, FMCG & IT. Catch Yatin Mota and Nandita Khemka as they discuss stocks on their radar including TCS and Entero Healthcare

Live: Hot US CPI data to halt D-Street rally? TCS Q4, Bharti Hexacom listing today | Opening Bell

Indian equity market hit yet another high in Wednesday’s session with the Nifty shutting shop above the 22,750 mark and the Sensex surging 350 points to end above the 75,000 level. If the index sustains above the resistance trendline and decisively surpasses 22,800 mark, then all eyes will be on much-awaited psychological 23,000 mark in the coming sessions, while the 22,600 is expected to be immediate support followed by 22,500 mark, experts said. However, the GIFT Nifty is signalling a gap down start today after US CPI dampened hopes of an early rate cut by the US Federal Reserve. Meanwhile, TCS kicks off the fourth quarter earnings season today. Omkar Tanksale, Senior Research Analyst - IT, Axis Securities shares his expectations from the IT bellwether. Among other stocks to watch would be Dr Reddy’s, Uno Minda and NTPC. Bharti Hexacom is likely to make a strong debut on Dalal Street today with the grey market premium signalling a 15% listing pop. Catch Nandita Khemka decode the cues for trade with market expert Ajay Bagga and Raja Venkatraman, Co-Founder, NeoTrader.

Live: Indian equity market poised for a firm start | Paytm & IndusInd Bank in focus | Opening Bell

Trends in the GIFT Nifty indicate a firm start for indices in India however, Indian benchmarks failed to hold on to their record levels and ended with marginal losses amid volatile trade. Globally, indices on wall street posted modest gains ahead of major inflation data while asian markets are trading uder pressure. Among stocks in focus will be Paytm as FPIs increase stake by 2% in Q4FY24. Indusind Bank, Lupin, PB Fintech will be in focus. Moneycontrol's Stacy Pereira speaks with Rajesh Palviya, Senior Vice President Research-Head Technical & Derivatives at Axis Securities Limited and Nikhil Oswal, Founder & Director, Finterest Capital on Opening Bell.

Live: Further up move for Indian Market | Block deal bonanza: Axis Bk & Gland Pharma | Opening Bell

Indian equity markets saw a strong start to the week with the benchmarks conquering new highs.Investors seem hopeful for further rally towards 22,800 level on the Nifty 50. ON wall street stocks traded rather flat, while asian markets are poised for a positive start given the jump in U.S. Treasury yields. Among stocks in focus will be Axis Bank, Gland pharma on reports of likely block deals, Tata Motors & Eicher motors will be in focus as well as stocks like Dixon tech in the midcap space. Moneycontrol's Stacy Pereira speaks with Kunal Rambhia, Fund Manager, The Streets and Rishi Kohli, Managing Partner & CIO, Hedge Fund Strategies, InCred Alternative Investments on Opening Bell.

Live: Indian equity market to continue its positive momentum? Wipro, Vi in focus | Opening Bell

Indian equity markets are poised for some volatility in yet another truncated trading week. Gift Nifty is looking at a positive start as investors shift focis of Q4 earnings which will kick of on April 12. Stocks in focus will be wipro, VI, titan among others. Moneycontrol's Stacy Pereirs speaks with Prashant Sawant-Founder Catalyst Wealth & Prakash Diwan, Market Expert on Opening Bell.