Nifty kicks off May series on a muted note after gaining nearly 5% in the April series. However, mid and small-caps continue to outperform benchmark indices. IT, metals, and PSU banks are among top gainers, while weakness in shares of Axis Bank is weighing in on the Bank Nifty. Adani twins, Wipro, HDFC Life, and Britannia are the top gainers on Nifty while Axis Bank, HUL, Bajaj Finserv, Titan, and ONGC are among the losers. Among the midcaps, the top gainers are EIH, PI Industries while Shriram Finance, Raymond and GCPL are on the losing side. Catch this mid-day market mood check with Nandita Khemka and Yatin Mota to know more about all the buzzing stocks.
Nifty continues its upward trend and is approaching the 17,800 mark. Meanwhile the Nifty Smallcap index is outperforming the benchamarks. The top gainers were PSU banks, including SBI and IndusInd Bank, and the Bajaj twins, as well as Airtel. However, pharma and consumer durables sectors are on the losing side today. Among the Nifty losers are HDFC Bank, HDFC Life, UPL, Sun Pharma, and HDFC. Nestle reports 25% jump in Q1 profit, beats estimate. Ipca Labs, CG Consumer and Zomato are other movers in trade. Catch this mid-day market mood check with Nandita Khemka and Yatin Mota to know more about all the buzzing stocks.
Nifty kicks off an earnings-heavy week on a lacklustre note. Pharma stocks are among the top losers, with Dr Reddy's Laboratories, Sun Pharma, and Cipla leading the decline. On the other hand, HDFC Life, Tata Consumer, Wipro, Hero Moto, and ICICI Bank are emerging as the top gainers. Reliance Industries shares gain after reporting their highest-ever quarterly profit, leading to CLSA raising its FY24/25 EPS estimates by 3 percent/4 percent. ICICI Bank also gaining after a strong Q4 performance, with Jefferies raising earnings estimates by 5-9 percent. Meanwhile, IndusInd Bank is expected to post a 43.3 percent rise in Q4 net profit on the back of higher NII. Catch this mid-day market mood, check out with Nandita Khemka to know more about all the buzzing stocks.
Nifty trades flat amid volatility. The index is hovering around the 17,600 mark with ITC, TCS, and ICICI Bank emerging as positive contributors. However, realty and metals are among the top sectoral laggards of the day, with FMCG being the top gainer. HCL Tech rises on guidance beat with Q4 profit above estimates, but Tech Mahindra & Mphasis edge lower due to the JPMorgan downgrade. The Nifty losers include Tech Mahindra, Tata Steel, Hindalco, JSW Steel, and UltraTech, while BPCL, ITC, Asian Paints, Wipro, and Kotak Bank are among the Nifty gainers. Meanwhile, Cyient surges on strong Q4 earnings, hitting a fresh 52-week high. Catch this mid-day market mood check with Nandita Khemka to know more about all the buzzing stocks.
Nifty trades above 17,600 amid gains in the banking and auto sectors. However, pharma and realty stocks are among the top laggards today. Among the Nifty losers are Divi's Lab, Eicher Motors, HUL, and DRL, while NTPC, Tata Motors, Adani Ports, Power Grid, and HDFC Life are the top gainers. Meanwhile, HCL Tech is expected to report a decline of 4.8% in its net profit on a quarter-on-quarter basis. Mastek on the other hand jumps over 10% on the back of strong performance in the quarter gone by. Catch this mid-day market mood check with Nandita Khemka and Yatin Mota to know all about the buzzers in today’s session!
Nifty is off day’s low to trade around the 17650 mark. Meanwhile, mid and small-cap stocks continue to perform benchmark indices. IT resumes selloff, with major players like HCL Tech, Infosys, and Tech Mahindra among the top losers on the Nifty. On the other hand, the metals sector is emerging as the top gainer with stocks like Tata Steel, and JSW Steel leading the Nifty gainers. Divi’s Lab, Bajaj Auto are some of the other gainers on the index. Among the midcaps ICICI Lombard, Piramal Pharma and Zydus are buzzing in trade. Moneycontrol’s Nandita Khemka talks to Ajit Mishra of Religare Securities about the market setup and some of the buzzing stocks in today’s session. Watch!
Nifty erases early gains to slip below the 17,700 mark. However, mid and small-cap stocks continue to outperform benchmark indices. The Nifty IT index extends its losses even, but realty and banks are emerging as top sectoral gainers. IndusInd, HCL Tech, Dr Reddy’s, Coal India, and Nestle are among the top Nifty gainers while Power Grid, Bajaj Auto and Titan are among the losers. Lots of result reactions when it comes to some midcap names like JustDial, Angel One and Quickheal. Catch this mid-day market mood check with Nandita Khemka and Yatin Mota to know all about the buzzers in today’s session!
Nifty snaps a 9-day run, its longest winning streak in 2 years, to trade around 17,650. Nifty IT index nosedives nearly 6% following dismal Q4 show by Infosys. Shares of the tech giant slump 11% after brokerages downgrade stock and cut consensus EPS estimate by anywhere between 7-8%. Tech Mahindra sulks after being downgraded to Sell by Citi. Meanwhile, HDFC Bank hit a slips after hitting 52-week high at open. Catch this mid-day market mood check with Nandita Khemka and Yatin Mota to know all about the buzzers in today’s session!
The Nifty slips below 17,800, snapping an eight-day winning streak. Nifty IT is the biggest laggard after disappointing Q4 earnings from TCS. Meanwhile, Infosys is also expected to hand in a muted report card for the fourth quarter and street will be watching out for guidance and management commentary on deal wins, and the BFSI segment amid the US banking turmoil. Banks and FMCG are holding out today on April 13, 2023. Catch this mid-day market mood check with Nandita Khemka and Yatin Mota to know all about the buzzers in today’s session!
Nifty inches towards 17,800 levels amid a volatile trading session but mid and small-cap indices are outperforming the benchmarks. The pharma sector is emerging as the top sectoral gainer of the day. Nifty IT sector remains upbeat ahead of TCS Q4 earnings, one of the major players in the sector. On the other hand, the FMCG and PSU bank stocks are under pressure. Some of the top gainers on the Nifty include Divi's Labs, Bajaj Auto, Dr Reddy's and Cipla. Catch this mid-day market mood check with Nandita Khemka and Yatin Mota to know all about the buzzers in today’s session.
The Nifty surpassed 17700 mark in intra-day trade led by Banks & Autos. Mid & small-cap stocks are fairly buoyant as well. Kotak Bank's weight on MSCI may increase as foreign holdings dip to 41.22%, while the FII room for the bank has increased to 25% after the March quarter. Bank of Baroda's shares are up over 4% due to a strong business update for Q4. However, the IT sector remains cautious ahead of TCS earnings tomorrow. Catch this mid-day market mood check with Nandita Khemka and Yatin Mota to know all about the buzzers in today’s session.
Nifty trades around the 17650 mark while the Sensex surges past the 60,000 mark. Realty, power, oil & gas sectors are leading the rally. Tata Motors has reported a rise in global wholesales during Q4, leading to a near 8% surge in its stock prices. Goldman Sachs has upgraded Tata Motors from Neutral to Buy and raised its target to Rs 550, indicating a 26% upside. However, the demand for small cars has slowed down, leading to a downgrade of Maruti by Goldman Sachs from Neutral to Sell. The brokerage has also cut Maruti's target by 20% to Rs 8,800 from Rs 11,000 earlier. In the meantime, the stocks of MGL, IGL, and Adani Gas have surged amid a relief in input cost pressures. Catch this mid-day market mood check between Nandita Khemka and Anuj Singhal for more on all the buzzing stocks in today’s session!
Nifty is hovering around the 17500 mark in trade. However, midcaps are underperforming the benchmark indices. Realty and FMCG are the top sectoral gainers but autos and PSU banks are among the laggards today. The gainers on the Nifty included L&T, HDFC twins, ITC, and Titan, while Eicher, IndusInd, Apollo Hospitals, NTPC, SBI are among the top laggards. L&T jumps over 3% on winning a mega order for its hydrocarbon business, and Bajaj Finance shares rose due to new loan bookings surging 20% in Q4. HDFC Bank shares also gaining as advances and deposits surged in Q4. Moneycontrol’s Nandita Khemka talks to Ajit Mishra of Religare Securities about the market setup and some of the buzzing stocks in today’s session. Watch!
Nifty opened strong and reclaimed 17400 at open but failed to hold on to the crucial level. Autos and PSU banks are the top gainers today, while FMCG, metals, and IT are among the top losers. Mid and small-cap indices are outperforming the benchmarks in today’s session. Meanwhile, a surprise output cut by OPEC+ may lead to a rise in oil prices to $90-95 by the end of 2023, as per Goldman Sachs. This caused a spike of over 5% in crude prices, leading to gains for ONGC and Oil India, while OMCs took a beating. Meanwhile, the auto industry maintained its momentum in March, with autos in top gear in terms of sales. Catch this mid-day market mood check between Nandita Khemka and Yatin Mota to know about all the movers and shakers in today’s session!
Nifty is back below 17,000, slipping off the day's high on F&O expiry day. Mid and smallcap indices have staged a rebound. Autos and metals emerging as the top sectoral gainers, with Energy being the only laggard. Meanwhile, Adani Transmission and Adani Ports are facing contagion risks, as per Fitch's assessment, even though Adani Group has confirmed that all margin loans of promoters have been fully paid. Most of the Adani stocks have staged a rebound today. Bajaj Auto received an Overweight Call from JPMorgan, with a target of Rs 4,400 per share. Catch this mid-day market mood check with Nandita Khemka and Yatin Mota to know more!
Nifty fails to sustain 17,000 for yet another day on March 28. The broader markets are underperforming once again as small-caps clocked deeper cuts after the index lost over one and a half percent yesterday. Autos, public sector banks, realty and metals are among the top sectoral losers today. Adani stocks continued their selloff, with Adani Ports and Adani Enterprises being the top Nifty losers, along with BPCL, Tech Mahindra, and Bharti Airtel. Meanwhile, Hindalco, UPL, Dr Reddy’s, Coal India, and ICICI Bank are among the Nifty gainers. Catch this mid-day market mood check with Nandita Khemka and Yatin Mota to know more!
Nifty trades above thew 17000 mark as markets look past the STT hike on F&O contracts announced on Friday. Global cues are also supportive with US futures and Asian markets largely in the green. However, broader markets are underperforming the benchmark indices today. Pharma is the top gainer while real estate is emerging as the top loser today. Catch this mid-day market mood check between Nandita Khemka and Yatin Mota to know about all the movers and shakers in today’s session!
The Nifty tests 17000; metals are the biggest losers. IT stocks gain after Accenture's strong quarterly show. Govt may do away with LTCG benefit for debt MFs; AMC stocks sulk. Metals top sectoral laggards; Hindalco top Nifty Loser. Nifty Gainers include Infosys, TCS, Tech Mah, Cipla. A few Nifty losers include Bajaj twins, Hindalco, Tata Steel, and HDFC Life. Catch this mid-day market mood check with Nandita Khemka and Yatin Mota to know about all the gainers and losers in today's session.
Asian Paints top Nifty loser as Jefferies advises selling on rally. Jefferies has Underperform Rating on Asian Paints; Target At Rs 2,500/Sh. Anil Agarwal denies any intention to sell stake in Vedanta. Top Nifty losers: Asian Paints, HCL Tech, Bajaj Auto, Infosys & RIL. Top Nifty gainers: Hindalco, Nestle, Maruti, Axis Bank, ITC. HAL OFS kicks off; shares tumble nearly 5%. Global Surfaces debuts with 17% premium at Rs 164. Anupam Rasayan stock gains on bagging Rs 984-crore order. Top Nifty 500 losers: HAL, Vedanta, Berger Paints, Max Financial. Top Nifty 500 gainers: GR Infra, Adani Green, Adani Total, Balaji Amines & APL Apollo. Catch this mid-day market mood check with Nandita Khemka and Yatin Mota to know about all the gainers and losers in today's session.
PSU Banks, Autos top sectoral gainers. Almost all the sectors trading in the green. Life insurance companies surge; HDFC Life up on CLSA upgrade. M&M mulling over $1 bn fund raise for its EV arm, shares up. Top Nifty gainers: Bajaj twins, HDFC Life, SBI Life, Hindalco. Top Nifty losers: BPCL, Coal India, Apollo Hospital, Cipla, HDFC Bank, Axis Bank. Catch this mid-day market mood check with Nandita Khemka to know about all the gainers and losers in today's session.
Reliance Industries (RIL) rebounds as government slashes windfall tax on crude production. RIL is among the top Nifty gainers; CLSA says stock is a bargain buy now; sees 35 percent upside. Airtel introduces new cheaper family plan to counter Jio post-paid plans. Airtel introduces Rs 599 plan where you get 1 extra SIM. Earlier, the cheapest plan was Rs 999 which offered 4 SIMs. IGL, Mahanagar Gas up over 2 percent on the back of CLSA report. CLSA says regulatory regime to become more favourable from April 1; pricing power is set to return for city gas companies. Catch this mid-day market mood check with Nandita Khemka and Yatin Mota to know about all the gainers and losers in today's (March 21) session. Disclaimer: Moneycontrol is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
The contagion risk caused by the fall of SVB and now Credit Suisse has got the Indian investor worried. Nifty is trading below the 17,000 mark while Sensex dipped further in the red. Metal stocks were underperformer followed by PSU stocks. The FMCG index was seen bucking the trend. Santosh Nair & Yatin Mota decode the volatility in the market. Berger Paints, Godrej Cons, SBI Cards & Thermax are also on the radar.
Adani Group shares slide amid a freeze on Rs 35k crore Mundra Petchem project. Tata Consumer ends talks for a potential acquisition of Bisleri, stock down. SJVN bags order to develop 200 mw solar power project. Cochin Shipyard bags order worth Rs 550 cr, stock up 4%. RVNL emerges as lowest bidder for HORC project worth Rs 1,088.49 crore. Catch this mid-day market mood check between Nandita Khemka and Yatin Mota to know about all the gainers and losers in today's session
Nifty off day’s high but hovers around 17000. Nifty IT top sectoral index followed by realty and metals. HCL Tech, Infosys top Nifty gainer. TCS trades flat after CEO Gopinathan resigns. Autos, FMCG under pressure. Nifty losers: ITC, Eicher Motors, NTPC, BPCL. Nifty gainers: HCL Tech, HDFC Life, Infosys, Nestle. Catch this mid-day market mood check between Nandita Khemka and Yatin Mota to know about all the gainers and losers in today's session.
Markets swing between gains and losses amid volatility. Nifty is back in the fed after briefly reclaiming the 17000 mark. Metals, banks, and IT sectors are among the top laggards. Among stocks in news, JPMorgan maintains overweight rating on RIL with a target price of Rs 2960. Meanwhile. Samvardhana Motherson shares decline over 10% following a large block deal. DLF rallies as the company sells over 1,137 flats in Gurugram for more than Rs 8,000 crores within just three days. Catch this mid-day market mood check between Nandita Khemka and Yatin Mota to know about all the gainers and losers in today's session.