Nifty holds 18,500 amid volatility. The Nifty Midcap index reached an all-time high, while the smallcap index gains nearly a percent. Among the sectors, realty and PSU banks are the top gainers. However, the IT and energy sectors are under pressure today. Hero MotoCorp is the top gainer on the Nifty after strong sales figures for the month of May. The top gainers on the Nifty include Hindalco, Titan, Dr. Reddy's Laboratories, and Adani Ports. On the other hand, the top losers in the Nifty index were Infosys, Eicher, HCL Tech, HDFC Life, and TCS. Catch this mid-day market mood check between Nandita Khemka & Yatin Mota to know more about all the buzzing stocks in today’s session!
Nifty is hovering around the 18,550 mark amid volatility on expiry day. Broader markets is where all the action is given the outperformance by Mid and small-cap indices. Apollo Hospitals, Divi's Lab, Bajaj Auto, Hero Moto, and HUL are among the top gainers, while Coal India, Kotak Bank, Bharti Airtel, Britannia, and Maruti are under selling pressure today. India's Q4 GDP expanded by 6.1%, and FY23 GDP grew by 7.2% YoY, beating govt projection of 7%. The manufacturing sector showed strength, with the May manufacturing PMI reaching a 31-month high at 58.7. May auto sales figures are trickling in with Bajaj Auto reporting 29% rise in sales, while Escorts Kubota saw an 8.9% sales increase on a YoY basis. Coal India under selling pressure as the government initiates an offer for sale (OFS) to divest up to 3% stake. K Krithivasan takes charge as CEO of TCS from today. Catch this mid-day market mood check between Nandita Khemka & Yatin Mota to know more about all the buzzing stocks in today’s session!
Nifty sees triple-digit cut; slips below 18,600. IT & pharma holding up; banks, metals & realty under pressure. Nifty gainers: Asian Paints, Apollo Hospitals, Tata Motors, BPCL & HDFC Life. Nifty losers: ONGC, HDFC, NTPC, SBI & Coal India. SBI falls marginally by 2% as it turns ex dividend. Analysts see 42% upside in Adani Ports but stock falls post Q4 results. Catch this mid-day market mood check between Nandita Khemka & Yatin Mota to know more about all the buzzing stocks in today’s session!
It’s a marvellous Monday for market as the Nifty index reclaimed the 18,600 level with an impressive triple-digit rally. The mid and small-cap indices are also showing strength, adding to the positive sentiment. Global cues playing a significant role in boosting investor confidence, with news of US lawmakers reaching an 'in-principle' agreement on the debt ceiling. Nifty Bank hits a fresh high to trade near the 44,400 mark. Among the other sectors, FMCG, and metals are emerging as top gainers, while pharma and energy are facing some downward pressure. M&M, Hindalco, IndusInd Bank, ITC, and HDFC are among the top Nifty gainers while ONGC, Sun Pharma, Divi's Lab, and HCL Tech are on the losing side today. M&M shares positive growth prospects, expecting the SUV segment to grow over 10% and foreseeing potential market share gains in the tractor business. ICICI Lombard is also witnessing a rally as ICICI Bank has announced plans to increase its stake beyond 50%. Clean Science saw notable equity changing hands, while Balkrishna Industries' shares tumbled by 9% due to a YoY decline in Q4 profits. Investors are also keeping an eye on upcoming earnings reports from IRCTC and Adani Transmission. Catch this mid-day market mood check between Nandita Khemka & Yatin Mota to know more about all the buzzing stocks in today’s session!
Nifty reclaims 18400; Sensex tops 62,000. Metals, IT, autos, PSU banks shine; Realty only loser. Nifty gainers: Hindalco, RIL, Tech Mah, Divi’s Lab, HCL Tech. Nifty losers: ONGC, Grasim, Power Grid, Airtel, HDFC twins. M&M Q4 today: PAT seen up 38%; strong auto, tractor volumes seen. Catch this mid-day market mood check between Nandita Khemka & Yatin Mota to know more about all the buzzing stocks in today’s session!
Nifty trades around 18,250 amid expiry day volatility, however, midcap stocks are performing relatively better. With the exception of FMCG and Realty, all sectors experienced a downward trend, with the Metal sector being the hardest hit. Among the gainers on the Nifty are Bharti Airtel, Bajaj Auto, Divi's Lab, ITC, and Power Grid. On the other hand, Hindalco, Tata Motors, M&M, HDFC, and IndusInd are among the top losers. UBS downgrades Tata Motors to sell, although the target price has been revised upward to Rs 450 from Rs 320. Hindalco is under pressure as analysts reduce their estimated EBITDA for FY24. Adani group stocks are extending losses after Adani Ent comes under short-term surveillance once again. LIC gains as it reports a significant increase in Q4 profit, while Nykaa rises after it reports over 30% YoY revenue growth. Catch this mid-day market mood check between Nandita Khemka & Yatin Mota to know more about all the buzzing stocks in today’s session!
Nifty slips below 18,350 mark amid volatility. However, broader markets are holding out in trade. Realty, Pharma, and FMCG are among the top sectoral gainers today. However, the Metals sector has come under selling pressure following a strong rally in recent sessions. Some of the top gainers on the Nifty index included Sun Pharma, HDFC Life, Power Grid, Dr. Reddy's, and Maruti, while Adani Ports, Divi's Lab, Hindalco, Tata Motors, and IndusInd Bank were among the losers. Mahindra CIE witnessed an 8% increase in its stock price after a significant block deal. Hindalco, on the other hand, is among the losers as its standalone revenue is expected to decline 2.6% YoY. Nykaa is slipping ahead of earnings, although its Beauty, Personal Care business is expected to contribute positively to Q4 results. Dixon Tech exceeded expectations with a 28% YoY rise in profit, impressing the market. Additionally, Biocon shares surged as the company reported a 31% growth in net profit for Q4. Catch this mid-day market mood check between Nandita Khemka & Yatin Mota to know more about all the buzzing stocks in today’s session!
Among the gainers on the Nifty are Divi's Lab, Bajaj Finserv, BPCL, Infosys, and UPL. The Nifty losers are Kotak Bank, Grasim, HDFC Life, and UltraTech. In addition to its gains, the Adani Group's stocks gained another 12%. Among top Nifty gainers, Adani Ports gains over 3%. GRMs top expectations; street is optimistic about BPCL. Catch this mid-day market mood check between Nandita Khemka & Yatin Mota to know more about all the buzzing stocks in today’s session!
The Nifty is back around the 18,300 level, with the broader markets underperforming the benchmarks. IT extends gains, while the banking sector is subdued today. Nifty gainers include Adani Group companies, Divi's Laboratories, Apollo Hospitals, Dr. Reddy's Laboratories, and Sun Pharmaceutical. Siemens is under pressure after it announced plans to sell its low voltage motors and geared motors businesses to its German parent for Rs 2,200 crore. Balaji Amines cracks following the resignation of its CFO and four independent directors, although the company expressed confidence in maintaining its growth trajectory. Zomato narrows its losses in the fourth quarter and achieves positive EBITDA, excluding its subsidiary Blinkit. The company also projected full profitability within the next four quarters. Muthoot Finance witnessed a rally in its stock price after reporting strong Q4 results, with loan growth surging over 9% quarter-on-quarter. Catch this mid-day market mood check between Nandita Khemka & Yatin Mota to know more about all the buzzing stocks in today’s session!
Nifty manages to recover from its early lows and is hovering around the 18,150 mark. The IT and realty sectors emerged as the top gainers of the day, while the pharma and metals sectors are under pressure. Top Nifty gainers are Tech Mahindra, Tata Motors, HCL Technologies, Infosys, and Wipro. On the other hand, Tata Consumer, UPL, Britannia, Titan, and JSW Steel are among the Nifty losers. AMC stocks decline following SEBI's proposal for a uniform total expense ratio for mutual funds. Meanwhile, brokerages are optimisticon ITC and set target prices ranging between Rs 440 and Rs 500. Gland Pharma witnessed a significant drop as its fourth-quarter net profit slumped by 72.5% year-on-year. NTPC, Power Grid and Zomato reports earnings today. Catch this mid-day market mood check between Nandita Khemka & Yatin Mota to know more about all the buzzing stocks in today’s session!
Nifty trades near day’s low, slipping below the crucial level of 18,200. While small-cap stocks are outperforming, major sectors such as IT, Realty, and Media are witnessing losses. However, the Auto sector is managing to hold its ground. Bharti Airtel exceeded profit estimates, recording a significant 50 percent jump in net profit. However, the average revenue per user (ARPUs) remained muted. Bank of Baroda also delivered impressive results, with a record 168 percent surge in quarterly profit, leading to bullish sentiments among brokerages for the stock. On the flip side, Goa Carbon faced a substantial decline of 9 percent due to dismal Q4 earnings. Meanwhile, LIC Housing Finance witnessed a sharp decline of 6 percent following muted Q4 results. On the other hand, CreditAccess Grameen experienced a 7 percent climb, driven by an 86 percent jump in Q4 profit. Moneycontrol’s Nandita Khemka talks to Gaurav Bissa of InCred about the market setup and some of the buzzing stocks in today’s session. Watch!
Catch this mid-day market mood check with Nandita Khemka and Yatin Mota to know more about all the buzzing stocks in today's session.
Nifty surges past the 18,400 mark, driven by strong performances in the realty, auto, and banking sectors. Tata Motors emerged as one of the top gainers, along with Tech Mahindra, Hero MotoCorp, Eicher Motors, and Infosys. Investors showed confidence in Tata Motors as the company reported a return to profitability, with the market anticipating ambitious targets set by its subsidiary, Jaguar Land Rover, and a reduction in debt. However, the pharma pack is under stress largely influenced by Cipla. Nifty Bank surpasses the 44,000 mark and aiming for a record high. DLF, DMart & Ethos are some of the stocks reacting to their quarterly earnings. Catch this mid-day market mood check with Nandita Khemka and Yatin Mota to know more about all the buzzing stocks in today's session.
Nifty has managed to recover from its intraday lows but remained below the crucial 18,300 mark, while the mid and smallcap segments displayed a lackluster performance. The metals and media sectors emerged as the top laggards, while the automobile and FMCG sectors experienced gains. Eicher Motors witnessed a remarkable surge following its outstanding Q4 earnings report. On the other hand, Tata Motors is expected to witness a significant YoY revenue growth of 30% in Q4, with its profit after tax potentially soaring by nearly 5-7 times compared to the previous year. Cipla, buoyed by its strong presence in the Indian market, is projected to witness a two-fold jump in its Q4 profit after tax. Zee shares plummeted by 6% due to potential setbacks in its merger plans with Sony. Additionally, Max Health, Sona BLW, and HAL were added to the MSCI India Index. Catch this mid-day market mood check with Nandita Khemka and Yatin Mota to know more about all the buzzing stocks in today's session.
Nifty trades flat around the 18,300 mark, while mid- and small-cap stocks are outperforming the benchmark indices. With the exception of the pharma sector, all other sectors are showing positive trends. Some of the top losers in the Nifty index include DRL, L&T, Hindalco, JSW Steel, and Divi's Labs. On the other hand, Adani Ports, IndusInd Bank, NTPC, HCL Tech, and HUL are among the top gainers in the Nifty index. Catch this mid-day market mood check with Nandita Khemka and Yatin Mota to know more about all the buzzing stocks in today's session.
Nifty started on a positive note but the index has erased its opening gains and is now trading around that 18,250 mark. The Nifty PSU Bank index is the top loser, followed by the IT and Pharma sectors. On the other hand, the Nifty FMCG and Realty sectors are among the top gainers. The top losers on the Nifty include UPL, SBI, DRL, and Coal India, while the gainers include HDFC Life, IndusInd Bank, Britannia, and HUL. Lots of midcaps like Apollo Tyres, SCI, Aarti Industries, Rain Industries are reacting to their earnings. Catch this mid-day market mood check with Nandita Khemka and Yatin Mota to know more about all the buzzing stocks in today's session.
Nifty cruises above 18,300 with mid and small-cap indices outperforming benchmark indices. All sectors, except PSU banks, are showing positive growth. The top gainers in the market are from the auto, IT, and metal sectors. Nifty gainers include Coal India, IndusInd, Bajaj Finserv, and Tata Motors; while UPL, ITC, Sun Pharma, and Hindalco are among the losers. JPMorgan is bullish on RIL and has set a target price of Rs 2,960 per share. MGL shares have reached a 52-week high due to strong Q4 earnings. Birlasoft is experiencing gains due to favourable Q4 results, with quarter-on-quarter CC revenue growth of 3.1%. Zomato's stock is down 5% due to concerns about competition from ONDC. Kansai Nerolac has seen an 8% surge in its stock price following a strong Q4 performance and the announcement of a bonus issue. Catch this mid-day market mood check with Nandita Khemka and Yatin Mota to know more about all the buzzing stocks.
Catch this mid-day market mood check with Nandita Khemka and Yatin Mota to know more about all the buzzing stocks.
Markets take a breather after hitting a 4-month high with the Nifty slipping below 18,150and Sensex shedding nearly 600 points. PU Banks continue to perform well, but HDFC twins are weighing on the Nifty Bank index. IT and Metals are under pressure while the Autos and FMCG sectors are among the top sectoral movers. Nifty gainers include Titan, Adani Ports, L&T, and UltraTech, while HDFC Bank, HDFC, Tata Steel, Hindalco, and Infosys are among the top losers. The MSCI's decision to assign a lower weight for the merged entity of HDFC twins has come as a surprise to the market. Catch this mid-day market mood check with Nandita Khemka and Yatin Mota to know more about all the buzzing stocks.
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Nifty is trading firmly above 18,150 after a muted start. Midcap Index continues to outperform the benchmark indices. Metals and PSU Banks are among the top gainers while FMCG and realty sectors are under pressure. SBI Life, Bajaj Finance, HDFC Life, BPCL, and Tata Steel are among the top gainers on the Nifty, whereas Power Grid, Tata Consumer, ICICI Bank, are on the losing side. RIL edges higher as shareholders and creditors have approved the demerger of its financial services arm, Jio financial services. Titan's Q4 numbers and jewellery business growth have received positive feedback from brokerages, with Macquarie giving an Outperform rating on Titan and a target of Rs 3,200/share. HDFC, Hero Moto and Dabur will be reporting Q4 earnings today. Catch this mid-day market mood check with Nandita Khemka and Yatin Mota to know more about all the buzzing stocks.
After a six-day winning streak, the Nifty was able to snap that streak; it traded below 18,100. PSU banks, IT and metals are among the sectoral drags on the index; however, FMCG posted gains in the index. The Nifty gainers are HUL, Asian Paints, Coal India, and ITC, whereas the losers are Hindalco, ONGC, Axis Bank, L&T, and Bajaj Finance. InterGlobe Aviation soars as a result of Go First's move to increase fares and market share. BofA ML on Interglobe: Buy with target at Rs 2,700/share. Nifty 500 losers: Manappuram, Central Bank, Indus Towers, DCM Shriram. Nifty 500 gainers: EIL, RVNL, BHEL, Allcargo, Aptus. Catch this mid-day market mood check with Nandita Khemka and Yatin Mota to know more about all the buzzing stocks.
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.