Markets
Markets News
Sensex · Nifty · NSE · BSE
marketsNifty Gains as Defence Leads, Sensex Slips 200 Points
The Nifty index tested 23,350, driven by gains in the defence sector, while the Sensex fell by 200 points. IT stocks, led by Infosys, continued to decline, impacting overall market sentiment.
markets12% Return in Markets is a Strong Performance, Says HSBC MF CEO
HSBC MF CEO Kailash Kulkarni highlights the value of steady compounding, stating that a 12% return in the stock market is strong. He sees opportunities in India's manufacturing exports, supported by free trade agreements, and views AI as a tool for informed investment decisions.
marketsMidcap Stocks Surge as Nifty 50 Declines: Key Performers Identified
The Nifty Midcap 150 outperformed the Nifty 50 over the past three months, with 13 midcap stocks surging between 30% and 55%. This highlights selective opportunities in the midcap segment amid broader market weakness.
marketsNeeraj Dewan Advises Caution on IT, Favors Power and Steel
Market expert Neeraj Dewan advises caution on IT stocks amid weak guidance, while highlighting opportunities in power, energy, and steel sectors. He remains optimistic about aviation and commercial vehicles, citing stabilizing oil prices and strong demand. Despite market corrections, Dewan suggests investors focus on long-term growth sectors.
marketsRupee Weakens; RBI Intervention May Not Sustain Without Inflow Measures
The Indian rupee weakened to 95.7550 per U.S. dollar, with recent RBI interventions providing temporary relief. Market participants are cautious about the sustainability of this recovery without further measures to boost inflows. The RBI's upcoming policy announcement is crucial for the rupee's future trajectory.
marketsIT Stocks Plunge as Profit Booking Hits Nifty IT Index
The Nifty IT index fell nearly 6% on Wednesday, led by an 8% drop in TCS shares. Analysts attribute the decline to profit booking after a recent bull run driven by AI optimism. Continued volatility is expected as the market assesses global economic conditions and AI's impact.
marketsReliance Industries Sets June 4 as Deadline for Rs 6 Dividend Eligibility
Reliance Industries has set June 4 as the deadline for investors to purchase shares to be eligible for a Rs 6 dividend. The company has a history of consistent dividend payouts and remains a key player in the Indian market.
marketsReliance Industries Dividend: Last Day to Buy Shares for Rs 6 Payout
Reliance Industries shareholders must buy shares by June 4 to qualify for a Rs 6 dividend. The company has a strong dividend history and a diverse portfolio aiding its resilience amid economic challenges.
marketsWipro Sets June 5 as Record Date for Rs 15,000 Crore Buyback
Wipro has set June 5 as the record date for its Rs 15,000 crore share buyback, requiring investors to purchase shares by June 4 to participate. The buyback offers a 22.5% premium over the last closing price, with analysts projecting potential returns for retail investors.
marketsSensex and Nifty 50 Decline Amid Geopolitical Tensions
The Nifty 50 resumed its decline on Wednesday amid geopolitical tensions in West Asia, elevated crude oil prices, and continued foreign institutional investor selling. Asian markets also traded lower, reflecting broader regional uncertainties.
marketsNifty Resumes Decline Amid Geopolitical Tensions and FII Selling
The Nifty resumed its decline on Wednesday amid geopolitical tensions in West Asia, elevated crude oil prices, and continued FII selling. Meanwhile, IIFL Finance raised $500 million through an overseas dollar bond issuance, attracting strong global investor interest.
markets12 NSE Stocks Fall Below 200-Day Moving Average
Twelve NSE-listed stocks with market capitalisation over Rs 10,000 crore have fallen below their 200-day moving average, signaling a potential bearish trend. This development may influence trading strategies and investor decisions.
marketsOil Prices Drop Amid U.S. Resolution on Iran and Middle East Tensions
Crude oil prices fell on June 4 as the U.S. House passed a resolution to limit President Trump's military actions against Iran. Despite recent rallies, tensions in the Middle East and potential disruptions in the Strait of Hormuz continue to influence market stability.
marketsOil Prices Dip as U.S. House Moves to Limit Trump's Iran War Powers
Crude oil prices fell as the U.S. House passed a resolution to limit President Trump's military actions against Iran. The resolution aims to prevent further escalation, though it faces hurdles in the Senate. Analysts warn of potential supply disruptions if tensions persist.
marketsUS Stocks Decline as Middle East Tensions Impact Markets
U.S. stock indexes closed lower amid rising Middle East tensions and inflation concerns. Financials and tech sectors led the declines, while chipmakers showed resilience. Investors are wary of potential Federal Reserve rate hikes.
marketsUS Treasury Yields Rise Amid Middle East Tensions and Economic Data
U.S. Treasury yields rose amid Middle East tensions and strong economic data, with the 10-year note yield climbing 3.4 basis points. Despite inflation risks, the Fed sees no need to change rates. Investors focus on geopolitical developments and upcoming economic reports.
marketsAI Debt Bubble Looms, Warns DoubleLine's Robert Cohen
Robert Cohen of DoubleLine warns of an impending AI debt bubble, urging focus on strong balance sheets. AI-related debt issuance has surged, supported by major tech firms. Market participants are advised to remain cautious.
marketsSebi Uncovers Massive Revenue Inflation at Rajesh Exports
Sebi has uncovered evidence suggesting Rajesh Exports inflated its revenue by 97-99%. The regulator has barred promoter Rajesh Mehta from trading and ordered a new forensic audit. The investigation follows a shareholder complaint and highlights significant financial discrepancies.
marketsUS Stocks Open Lower Amid Rising Middle East Tensions
US stocks opened lower as Iran's missile launches toward Kuwait and Bahrain heightened Middle East tensions. Despite this, strong U.S. corporate earnings and AI enthusiasm keep Wall Street near record highs.
marketsTom Gayner's Insight: Equities as Congealed Intellectual Capital
Investor Tom Gayner emphasizes the importance of viewing equities as ownership stakes in businesses driven by human ingenuity and innovation. This perspective highlights the role of intellectual capital in long-term wealth creation, urging investors to focus on companies that leverage these intangible assets.
marketsMarket Correction Nears End; Banking and Pharma in Focus
Market expert Rohit Srivastava indicates that the Nifty is nearing a key support zone, potentially ending the current correction phase. Banking and pharmaceuticals are highlighted as promising sectors, while energy and metals gain momentum. Investors are advised to exercise patience as the market approaches a possible turnaround.
marketsBroader Market Indices Plunge as Midcap and Smallcap Stocks Tumble
The Nifty Midcap 100 and Smallcap 100 indices experienced significant declines, with IT stocks leading the downturn. Rising crude prices and a weakening rupee add to market concerns. Retail investor confidence, however, offers some resilience.
marketsTCS shares plummet 9%, worst fall since COVID-19 market crash
TCS shares fell 9% to Rs 2,224.80, marking the worst single-day drop since March 2020. The decline follows a recent rally in IT stocks, with technical indicators suggesting further downside risks.
marketsMorgan Stanley Bullish on 10 Indian Stocks for 2024
Morgan Stanley is optimistic about the Indian stock market, highlighting 10 stocks with 'overweight' ratings. The brokerage anticipates strong earnings growth and improved valuations, suggesting a promising upcycle for 2024.