Live: Nifty scales mount 22,600 but cools off from highs | HDFC Bank, DMart in focus | Closing Bell
Closing Bell: A mix of highs and lows as the Nifty scales the 22,600 mark but retreats from its peak. Broader markets and the midcap index also cool off from their highs, while banks rebound from earlier lows. Despite this, FMCG and oil & gas sectors lag behind. Notable gainers in the Nifty include HDFC Bank, UPL, and Tech Mahindra, while losers include ONGC and Adani Ports. In other news, UPL plans to launch an IPO for its seeds business in early FY25, while Vedanta hits a 52-week high on record volumes. However, Dabur India shares tank on lower revenue growth in Q4. Tune into this live with Nandita Khemka and Yatin Mota.
Live: Will Nifty make a dash at 22,600 amid positive cues? Strong Q4 update from DMart| Opening Bell
The market continued to consolidate in a tight range for last three sessions, especially after hitting a new high on the Nifty 50 in the start of current week. Hence, unless and until the index decisively surpasses the 22,500 in coming sessions, the consolidation may continue with the immediate support at 22,300 level, experts said, adding above 22,500, 22,700-22,800 are the levels to watch on the higher side. On April 3, the benchmark indices ended moderately lower after consolidation. The BSE Sensex declined 27 points to 73,877, while the Nifty 50 fell 19 points to 22,435. Meanwhile, the consistent decline in India VIX, the fear index, for three consecutive sessions has put bulls in a comfortable position as it was down 2.4 percent at 11.37 level, the lowest level since November 24, 2023. The broader markets remained higher for yet another session as the Nifty Midcap 100 and Smallcap 100 indices gained half a percent and 1.2 percent respectively. Among stocks in focus will be Vodafone Idea, RIL & ONGC as govt hikes windfall tax on crude to Rs 6,800/tonne from Rs 4,900/tonne. Catch Nandita Khemka in conversation with Feroze Azeez, Deputy CEO, Anand Rathi Wealth and Chandan Taparia, Senior VP, Head-Derivatives & Technical Research, Motilal Oswal.
Live: Nifty to consolidate further amid subdued global cues? Bharti Hexacom IPO opens | Opening Bell
Indian equity market snapped three-day gains and closed moderately lower on April 2. The consolidation is likely to continue in the coming days too, especially ahead of RBI policy meeting, with the Nifty 50 likely taking support at 22,300-22,200 in coming days, experts said, adding on the higher side, 22,500 is expected to be key hurdle for the index as breaking of the same may take the index towards 22,700-23,000 levels. On April 2, the BSE Sensex was down 111 points at 73,904, while the Nifty 50 fell 9 points to 22,453. The volatility index hit a fresh 2024 closing low, giving more support to the bulls. The India VIX, the fear index, dropped 3.56 percent to 11.65, the lowest level since November 24, 2023. The broader markets outperformed benchmark indices and extended upward journey for yet another session. The Nifty Midcap 100 and Smallcap 100 indices gained 1.2 percent each. JSW Energy, NALCO are some of the stocks that will be in focus today. Meanwhile, Bharti Hexacom IPO will open for subscription today. MPC’s three-day meeting kicks off today and the RBI is expected to hold interest rates in the first policy of FY25. What is the best investment strategy when the market is perched at record high? Should you increase allocation to largecaps? Catch Nandita Khemka in conversation with Aashish Somaiyaa, CEO, WhiteOak Capital AMC and Rajesh Palviya, Senior Vice President Research (Head Technical & Derivatives) at Axis Securities.
Live: New day, new high for Nifty? RIL, Aditya Birla Fashion, Hero Moto in focus | Opening Bell
Indian equity market kicked off the April series and the new financial year on a high, even though the Nifty ended below the 22,500 mark after hitting a new peak of 22,530. Experts feel the market may either reverse some gains or consolidate at current levels, with immediate support at 22,300-22,200 levels, but in case of continuation of uptrend, 22,500-22,600 will be levels to watch on the higher side. On April 1, the benchmark indices gained for a third consecutive session. The BSE Sensex rallied 363 points to 74,015, while the Nifty 50 rose 135 points to 22,462. Meanwhile, the volatility fell sharply during the day, making the trend favourabe for bulls. The India VIX, the fear index, dropped 5.84 percent to 12.08, the lowest level since December 13, 2023. RIL, Hero Motocorp and Aditya Birla Capital will be among the stocks in focus today. Catch Nandita Khemka in conversation with Nirav Harish Chheda, Assistant VP at equity Derivatives & Technical Research Retail, Nirmal Bang and Kunj Bansal, National Institute of Securities Markets.
Live: Nifty hits new high on first day of FY25 | Adani Ent, Globus Spirits in focus | Closing Bell
Nifty hit a fresh high of 22,529.95 on the first day of FY25. Q4 earnings, US PCE data to guide markets. Catch this edition of Closing Bell with Nandita Khemka and Yatin Mota.
Live: RBI, Q4 updates to sway Nifty this week; March sales to further rev up Autos? | Opening Bell
The market momentum turned strong on the monthly F&O expiry day, March 28 as the Nifty 50 closed above 22,300 after recent consolidation. Hence, if the index manages to sustain 22,300, then new record high can't be ruled out in coming sessions of April series, while the 22,200 may be an immediate support, then 22,000 mark, experts said. On March 28, the BSE Sensex rallied 655 points to 73,651, while the Nifty 50 jumped 203 points to 22,327. In FY24, the Nifty surged by nearly 30%, showcasing its most substantial returns since 2010, excluding the turbulent pandemic period. Meanwhile, Sensex recorded a 25% increase. However, stealing the spotlight were the midcap and small-cap indices, with the midcap index skyrocketing by 60%. Will FY25 yield phenomenal market returns as well? It’s a busy week for traders as RBI will announce its interest rate decision on Friday and companies will start coming out with their Q4 updates. Among stocks in news today, watch out for Infosys, HDFC Bank, RVNL, HAL among others. Catch Nandita Khemka in conversation with Aamar Deo Singh, Sr Vice President of Angelone and Asutosh Mishra, Head of Research and Institutional Equity at Ashika Stock Broking.
Live: Nifty ends above 22,100 | Auto and Power stocks rally | Closing Bell
Catch this edition of Closing Bell with Yatin Mota and Rahul Dani Vice President of Research at Monarch Capital.
Live: Nifty hovers around 22,050, amid weakness in Financial, IT and Energy stocks | Closing Bell
Nifty hovers around 22,050 amid weakness in financial, IT and energy stocks. Sensex sheds over 350 points. Broader indices trade with a narrow range. Catch this edition of Closing Bell with Yatin Mota
Market to be rangebound in truncated trade week | In Focus: NBFC & Pharma stocks | Opening Bell
Nifty witnessed two days of recovery to reclaim that 22,000 levels but Nifty needs to cross over 22,100 to witness a clear rally towards the all-time high of 22,525 Across the globe, US stocks lost ground at the start of a holiday-shortened week on Monday as investors positioned themselves ahead of inflation data. Meanwhile Crude and Bitcoin are both trading higher. Among stocks in focus will be NBFCs and Pharma stocks whereas Adani ports and Uno Minda will also be on our radar as we start this truncated holiday week with just 3 sessions. So what should be your strategy? Moneycontrol's Stacy Pereira speaks with Brijesh Ail, Head Technical & Derivatives, Retail Research at IDBI Capital Markets and Securities Limited and Kunal Shah, Senior Research Analyst, Carnelian Capital for more.
Live: Fed sees 3 rate cuts in 2024; Dow hits new high| Sushil Kedia’s market outlook| Opening Bell
Sensex and Nifty are likely to open gap-up as trends in the GIFT Nifty indicates a strong start for the broader index with a gain of 146 points. The market closed with moderate gains on March 20 after a choppy session, as investors remained cautious ahead of the Federal Open Market Committee (FOMC) meeting outcome. The market failed to hold on to the opening gains and gyrated between gains and losses throughout the day but buying in auto and energy names helped the benchmark indices close higher. At close, the Sensex was up 89.64 points or 0.12 percent at 72,101.69, and the Nifty was up 21.60 points or 0.10 percent at 21,839.10 on March 20. Wall Street's main stock indexes closed higher on Wednesday after the Federal Reserve eased investor jitters by keeping borrowing costs unchanged and reinforcing expectations that rates could be cut as many as three times this year. Catch Nandita Khemka in conversation with Peter Mcguire, CEO, XM Australia, Chandan Taparia, Senior VP, Head - Derivatives & Technical Research, Motilal Oswal. Also joining us is a big market voice - Sushil Kedia, Founder, Kedianomics with his outlook on where the Nifty is heading and his top bets.
Live: Indian equities in reverse gear; Sensex negative for 2024| Fed to hit pause again| Opening Bell
Indian equity benchmarks are poised to open higher as indicated by the GIFT Nifty. Global cues are strong ahead of the US federal Reserve’s rate decision later tonight. Amid the selloff on March 19, the Sensex gave up YTD gains, while the Nifty slipped to a 1 month low. With the increasing weakness in the market after the breaking down of the consolidation range as well as upward sloping support trendline and 50-day EMA (exponential moving average placed at 21,865), the market participants seem to be cautious now. If the Nifty fails to hold on to the 21,800 in the coming sessions, it is likely to extend a southward journey, initially towards 21,700 and then 21,500, experts said, adding that in the case of a bounce back, the index may face resistance at 22,000 and 22,200 levels. On March 19, the BSE Sensex lost 736 points or 1.01 percent to end the day at 72,012, while the Nifty 50 fell 238 points or 1.08 percent to 21,817. The Nifty Midcap 100 and Smallcap 100 indices declined 1.2 percent each on weak breadth. Among stocks in news watch out for TCS, Vodafone Idea. Catch Nandita Khemka in conversation with Rajesh Palviya · Senior Vice President Research - Head Technical & Derivatives at Axis Securities and Siddhartha Khemka, Head of Retail Research, Broking & Distribution, MOFSL.
Live: Nifty to tread water ahead of Fed decision | Why is Tata Sons selling TCS stake? | Opening Bell
Indian equity market remained uncertain in trend with consistently taking support at 21,900 level and resistance at 22,200 mark for third consecutive session on March 18 after sharp correction on March 13, which overall indicates that the benchmark indices may be waiting for the outcome of central bank meetings (US, Japan and Bank of England) scheduled later this week. Hence, 21,900-21,850 is expected to act as a support for the Nifty 50 as breaking down of the same can bring more selling pressure, but trading consistently above 22,200 can strengthen the bulls for a move towards record high, experts said. On March 18, the market had a choppy session as some buying interest in second half helped the benchmark indices close moderately higher. The BSE Sensex rose 105 points to 72,748, while the Nifty 50 gained 32 points at 22,056 and formed small bullish candlestick pattern with upper and lower shadows on the daily charts, indicating volatility. However, the broader markets underperformed frontline indices, as the Nifty Midcap 100 and Smallcap 100 indices fell 0.4 percent and 0.6 percent respectively. Watch out for TCS as Tata Sons will sell 0.65% stake via block deal. Meanwhile, Popular Vehicles & services makes its Dalal Street debut today. Catch Nandita Khemka in conversation with Ajit Mishra--SVP, Technical Research, Religare Broking and Shrikant Chouhan, Head of Equity Research, Kotak Securities.
Live: Nifty sees triple-digit recovery from day's low; Metals shine | Coforge slumps | Closing Bell
Closing Bell: Nifty and Sensex staged impressive rebounds, with triple-digit gains from their respective lows. However, mid and small-cap indices struggled to keep pace with the broader benchmarks. The NSE advance-decline ratio hovered close to 1:1, indicating mixed market sentiment. India VIX witnessed a notable uptick of nearly 2%, reflecting increased volatility. Among the top sectoral gainers were metals, autos, and pharma, while IT and FMCG sectors lagged behind. Notable gainers in the Nifty included Tata Steel, M&M, and JSW Steel. While Tata Consumer, Infosys, and TCS were among the losers. Catch Nandita Khemka in conversation with Kush Bohra, Founder of kushbohra.com in today's edition of Closing Bell.
LIVE:Indian equity market to tread through turmoil | OMCs in focus | SEBI board meet | Opening Bell
Indian equity market are likely to trade under pressure despite the solid rebouce seen in trade on March 14. Gifty Nifty indicating a gap down start for india equity markets. Mutual Funds will declare stress test results putting Mid & small cap stocks in focus. As for the handover.Wall Street ended down after PPI data made investors nervous and as chipmakers Nvidia stock fell. All eeyes will be on the Fed FOMC next week. Across in Asia too markets are trading lower.Among the stocks to watch out for, Paytm, Ashok Leyland, Tata Consumer, Crompton Greaves, RailTel will be in news. Moneycontrol's Stacy Pereira discusses all this and more with Brijesh Ail,Head Technical & Derivatives, Retail Research at IDBI Capital Markets and Securities Limited & Deven Choksey, Managing Director, DRChoksey FinServ
Live: Krystal Integrated Services to hit the primary markets with an IPO of ₹300 crore | IPO Watch
Krystal Integrated Services IPO is a book built issue of Rs 300.13 crores. The issue is a combination of fresh issue of 0.24 crore shares aggregating to Rs 175.00 crores and offer for sale of 0.18 crore shares aggregating to Rs 125.13 crores. Catch Nickey Mirchandani live on Moneycontrol to know more.
Live: Mid & Smallcaps poised for more pain after worst drop in two years?| Opening Bell
With the nervousness across large-, mid- and small-caps, the bears are expected to keep control over Dalal Street in the coming sessions too. If the Nifty 50 decisively breaks the 21,860 level (the key level for the continuation of higher highs and higher lows formation), then 21,700-21,500 can be the levels to watch going ahead, but if the index manages to rebound, it may face a hurdle at 22,200-22,300 on the higher side, experts said. On March 13, the bloodbath in broader markets on overvaluation concerns raised by the market regulator dented sentiment. The Sensex plunged 906 points to 72,762, while the Nifty 50 fell 338 points or 1.51 percent (the biggest single-day correction since January 23) to 21,998. The broader markets saw major selling pressure with the Nifty Midcap 100 index falling 4.4 percent and Smallcap 100 declining 5.3 percent. About 23 shares declined for every rising share on the NSE. What is making the market nervous and how should you navigate the selloff? RIL, ITC and Tata Motors are among the stocks to watch out for today. Meanwhile, Gopal Snacks is likely to see a muted debut amid the broader market selloff. Catch Nandita Khemka in conversation with Chandan Taparia, Senior VP, Head - Derivatives & Technical Research, Motilal Oswal, Sandeep Raina, Exec VP - Research, Nuvama Professional Clients Group and market expert Anshul Saigal
ITC shares clock best gains in almost 4 years as BAT sells 3.5% stake; Is this a buying opportunity?
British American Tobacco (BAT) has sold a 3.5% stake in ITC in a Rs 17,491-crore block deal. BAT, the largest ITC shareholder, sold around 43.7 crore shares, at an average price of Rs 400, which was at a 0.01 percent discount to the previous session’s closing price of Rs 404.45. The share sale has cut the holding of BAT to about 25.5 percent from about 29 percent. BAT will have to wait for 180 days before paring its stake further. Is this an opportunity to buy ITC and what's the outlook on the stock going forward? Catch this conversation between Moneycontrol's Nandita Khemka and Kaustubh Pawaskar, Deputy VP - Fundamental Research, Sharekhan by BNP Paribas to know more.
Live: Indian equity market to react to in-line inflation | ITC, Vedanta in focus | Opening Bell
Volatility is the name of the game. Digesting the positive CPI data in the US and India, investors look for the next big trigger to swing direction of the markets. Broader markets underperformed frontline indices and is likely to see more pressure going ahead. Among stocks in focus will be ITC, Vedanta and ICICI Prudential among others.
Moneycontrol's Stacy Pereira discusses all this and more with Rajesh Palviya, Senior Vice President Research (Head Technical & Derivatives ) at Axis Securities Limited and Andrew Holland, CEO, Avendus Capital Public Markets Alternate Strategies LLP on Opening Bell
Live: Popular Vehicles & Services hits primary market with a Rs 601.55 crore IPO on March 12|IPO Watch
Popular vehicles & services IPO will open for subscription on March 12. price band for the issue has been fixed at Rs 280-295/share. It is a mix of fresh issue and an offer for sale. Nickey Mirchandani speaks with the management.
Live: Indian equity market to remain under pressure |Eye on CPI Data, RK Swamy listing |Opening Bell
Given the sharp uptrend, Indian markets have gone into consolidation mode. But overall the trend is still in favour of bulls. GIFT Nifty indicates a firm start, but It was the broader markets reversed previous day's gains with the smallcap index shedding over 2%. After SEBI's comments remains to be seen if further downside continues. As for an handover from overseas weak global cues amid uncertainty over U.S Fed's rate cuts mars sentiment. All eyes will be on US & India inflation data due later tis evening. Among stocks in focus are ITC, pharma & chemical stocks. Moneycontrol's Stacy Pereira discusses all this and more with Aamar Deo Singh-Sr Vice President, Angelone & Market Expert Prakash Diwan on Opening Bell
Live: Indian equity market to trade rangebound | HDFC bank downgraded | Opening Bell
Indian equity market is most likely to continue its northward journey in the coming sessions. The GIFT Nifty indicate a negative start for the broader index in India, with a loss of 53 points or 0.23 percent.Traders could maintain stock-specific trading approach and prefer index majors and large midcaps for long trades. Globally, the S&P 500 and Nasdaq closed lower on Friday after touching record highs during the session, with high-flying chip stocks going into reverse and a mixed labor market report that showed more new jobs than expected. Among stocks in focus HDFC Bank, Vodafone Idea, Interglobe Aviation. Stacy Pereira Discusses all this and more with Prashant Sawant, Founder Catalyst Wealth and Aishvarya Dadheech, Founder & CIO, Fident Asset Manegement on Opening Bell
Live: Nifty just shy of 22,500; Banks, M&M, NLC India in focus| Opening Bell Women’s Day Special
Indian equity market almost moved closer to its immediate hurdle of 22,500 and also climbed back above the upward sloping resistance trendline on the Nifty 50, following rebound in last couple of hours of trade on March 6. This indicates the bulls retained upper hand over Dalal Street and are likely to lift Nifty towards 22,600-22,700, the immediate area of resistance, with support at 22,400-22,200 levels, experts said. On March 6, the benchmark indices ended at new closing high with the BSE Sensex rising 409 points to 74,086, while the Nifty 50 recovered 250 points from day's low and ended at 22,474, up 118 points. Also, the index defended 10-day EMA (exponential moving average placed at 22,270). The volatility dropped further with the India VIX falling 0.59% to 14.30, giving support to bulls. The VIX fell for sixth consecutive session. However, the broader markets remained under pressure, with the Nifty Midcap 100 index declining half a percent and Smallcap 100 down 2%. Lots of stocks in focus this morning including M&M, NLC India and RBL Bank. Meanwhile Mukka Proteins is set for a healthy D-Street debut. In our Women’s Day Special, catch Nandita Khemka decode the cues for trade with Shilpa Rout, Lead Derivatives Analyst, Prabhudas Lilladher and Sanchita Mukherji, Senior Finance Professional and MF distributor
Live: Family Dispute Led to Muted Sales Growth For Gopal Snacks From FY21-FY23: Gopal Snacks’ IPO
GSL: Second largest snack manufacturer in Gujarat. It offers ethnic and western snacks under 'Gopal' brand
The IPO sale opens on March 6 and closes on March 8. Catch Nickey Mirchandani in conversation with Raj Bipinbhai Hadvani, CEO & Mukesh Kumar Shah, CFO of Gopal Snacks live on IPO Watch to know more.
Live: Will Nifty resume uptrend after a day’s break? RBI setback for JM Financial | Opening Bell
Indian equity market is likely to consolidate further in the coming sessions, though overall trend remains positive, experts said, adding the 22,200 is expected to be immediate support for the Nifty 50 followed by 22,000 mark, with hurdle on the higher side at 22,500 mark. On March 5, the benchmark indices snapped four-day winning streak with the BSE Sensex falling 195 points to 73,677, while the Nifty 50 declined 49 points to 22,356. Meanwhile, India VIX was down by 3.63% from 14.92 to 14.38 levels. The broader markets were also under pressure with the Nifty Midcap 100 and Smallcap 100 indices down 0.3 percent and 1.2 percent respectively. Among stocks in focus, watch out for Bajaj Auto as its Rs 4,000 cr share buyback opens today. JM Financial will be in focus after RBI directs the firm to halt financing against shares, debentures. Two block deals likely today – Zomato & Samvardhana Motherson. Meanwhile, lots of action in the primary markets. Gopal Snacks IPO kicks off for subscription today. Catch Nandita Khemka decode the cues for trade with Rajesh Palviya, Senior Vice President Research (Head Technical & Derivatives ) at Axis Securities and Swarnendu Bhushan, Co-Head of Research, Prabhduas Lilladher.
