Nifty Wrap Up For 6 May,2024:
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15h ago
Share Market Closing Note Sensex, Nifty end flat; broader indices fall 1% as financials bleed: After starting higher on Monday, lifted by healthy global cues, Indian equity markets ended flat amid selling in financial shares. READ MORE The S&P BSE Sensex ended at 73,896, up 17 points or 0.02 per cent, while the Nifty50 closed at 22,443, down 33 points or 0.15 per cent.  In the broader markets, the BSE MidCap and SmallCap indices declined 0.95 per cent and 1 per cent, respectively.  The volatility gauge, India VIX, meanwhile, soared nearly 14 per cent. Among sectors, the Nif ..read more
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India's T20 World Cup squad announced; Rohit Sharma to lead side, Hardik Pandya vice-captain
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1w ago
Rohit Sharma will lead Team India in the upcoming ICC Men's T20 World Cup while Hardik Pandya will be the Vice Captain, the BCCI announced on Tuesday. Rishabh Pant, Sanju Samson and Yuzvendra Chahal will be part of the squad. Notably, KL Rahul has been dropped from the side. Pant will make his return to international cricket after recovering from a life-threatening car accident in 2022. He is currently representing Delhi Capitals in IPL. All-rounder Hardik Pandya has been retained as vice-captain despite his poor run as Mumbai Indians captain in the ongoing IPL. Samson, who has had a good ..read more
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Nifty Wrap Up For 26 April,2024
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1w ago
Share Market Closing Note Nifty at 22,450, Sensex falls 440 pts; financials major drag Except auto, bank, metal, all other sectoral indices are trading in the red. -------------------------------------------------------------------------------------------- Topic :- Time:3.00 PM Nifty spot if manages to close above 22380 level then expect some further upmove in coming sessions and if it breaks and closes below above mentioned level then some sluggish move may follow. Avoid open short positions for Monday ..read more
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Nifty Trading Wrap Up For 25 April,2024
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1w ago
Share Market Closing Note Sensex up 470 pts, Nifty at 22,550 on another day of gains; PSU Bank outshines: Indian benchmark indices ended higher for the fifth consecutive session on April 25 led by buying across the sectors barring realty. Biggest gainers on the Nifty were Axis Bank, SBI, Dr Reddys Labs, JSW Steel and Nestle India, while losers included Kotak Mahindra Bank, LTIMindtree, HUL, SBI Life Insurance and Titan Company. Among sectors, except realty, all other indices ended in the green with PSU Bank index rose nearly 4 percent. The BSE midcap and the smallcap indices gained 0.5 pe ..read more
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Can Vodafone Idea's successful Rs 18,000 cr FPO end the telecom duopoly?
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2w ago
Vodafone's Idea (VI's) mega Rs 18,000 crore follow-on public offer (FPO) was successfully subscribed before bidding closed on April 22. The FPO is part of the debt-laden telecom operator's broader plan to raise Rs 45,000 crore through debt and equity, and may help it challenge the duopoly in the sector. With the completion of the first part of the fund raise, analysts at Ambit Capital said the company may well be able to raise Rs 45,000 crore through  government backing , anchor investors, and a gamut of qualified institutional buyers (QIBs). The government holds a little over 32 percen ..read more
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Wipro Q4 results: Net profit falls 8% to Rs 2,835 crore, beats estimates
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2w ago
Wipro Ltd said net profit fell 8 percent to Rs 2,835 crore for the fiscal fourth quarter, beating estimates. The company reported a profit of  Rs 3,074.5 crore in the year-ago period. The software services company's revenue fell to Rs 22,208.3 crore in the three months ended March 31, according to an exchange filing on April 19. It reported consolidated revenue of Rs 23,190.3 crore in the year-ago period. Analysts projected a profit of Rs 2,748 crore on revenue of Rs 22,117 crore, based on an average of 13 brokerage estimates. IT services segment revenue was at $2,657.4 million, an inc ..read more
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Elon Musk a supporter of India, says PM Modi ahead of Tesla CEO's India visit
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3w ago
Prime Minister Narendra Modi has said that Tesla CEO Elon Musk is a "supporter of India" ahead of the billionaire's much-anticipated visit to the country later this month. In an interview with ANI, the Prime Minister was asked about Musk's visit to India and how the Tesla CEO is a "fan" of Modi. "Elon Musk being a supporter of Modi is one thing, but basically he is a supporter of India," PM Modi said. The full version of the interview will be released later. In the trailer of the interview, PM Modi also speaks about electoral bonds and the buzz about his third term. PM Modi's latest remark ..read more
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IndiGo becomes world's 3rd largest airline by m-cap as shares hit record high
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3w ago
In December 2023, it surpassed United Airlines to become the sixth largest airline in the world. Data shows that Delta Air and Ryanair Holdings are the top two airlines with $30.4 billion and $26.5 billion mcap, respectively. Shares of InterGlobe Aviation Limited scaled fresh record high on April 10 by trading 5 percent higher at Rs 3,801 apiece during afternoon trade, thus extending their gains for fourth day in a row. Wednesday's gains made the carrier world's third largest airline in terms of market capitalisation. The 22 percent rally in the last one month has taken the stock of InterGlo ..read more
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Nifty Wrap Up For 10 April,2024
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1M ago
Share Market Closing Note Nifty at 22,750, Sensex up 350 pts; FMCG, metal, oil & gas rally: Indian benchmark indices ended higher on April 10 with Nifty hitting fresh record high. At close, the Sensex was up 354.45 points or 0.47 percent at 75,038.15, and the Nifty was up 111.00 points or 0.49 percent at 22,753.80. About 1761 shares advanced, 1617 shares declined, and 81 shares unchanged. Top gainers on the Nifty included Coal India, BPCL, Kotak Mahindra Bank, ITC and Hindalco Industries, while losers were Cipla, Maruti Suzuki, HDFC Life, Divis Labs and SBI Life Insurance. Except pha ..read more
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Nifty Trading View Wrap Up For 02 April,2024
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1M ago
Market ends flat amid volatility; metal, realty, auto rally: Indian equity market ended marginally lower in the volatile session. At close, the Sensex was down 110.64 points or 0.15 percent at 73,903.91, and the Nifty was down 8.70 points or 0.04 percent at 22,453.30. About 2686 shares advanced, 1015 shares declined, and 111 shares unchanged. Top losers on the Nifty were Hero MotoCorp, HCL Technologies, Kotak Mahindra Bank, ICICI Bank and SBI Life Insurance, while gainers Tata Consumers Products, M&M, BPCL, Bajaj Auto and Adani Ports. Among sectors, realty, metal, oil & gas, media ..read more
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