Scan to Download
Broader Market Indices Marginally Outperformed Benchmark Indices.
Nifty close the session higher, Falls nearly 300 points from high.
Sensex close the session higher, Falls nearly 1000 points from high.
Nifty Midcap 150 and Smallcap 250 gains for the 3rd day in a row.
JM Financial and Usha Martin are the top gainer in Nifty smallcap 250, gains more than 7% for the day.
Adani Ports and Jio Financial Services to gainer in Nifty.
Nifty PSU Bank and Nifty Metal gained 1% each
Nifty PSU Bank emerged as top performing sector, led by Union Bank of India and Canara Bank.
All Sectoral indices end the session higher, barring Media, Defense and Oil and Gas.
Nifty Pharma gains for the 3rd session in a row.
Nifty Oil and Gas and Media snaps two day gaining streak.
Broader Market Indices Marginally Outperformed Benchmark Indices.
Nifty close the session higher, Falls nearly 300 points from high.
Sensex close the session higher, Falls nearly 1000 points from high.
Nifty Midcap 150 and Smallcap 250 gains for the 3rd day in a row.
JM Financial and Usha Martin are the top gainer in Nifty smallcap 250, gains more than 7% for the day.
Adani Ports and Jio Financial Services to gainer in Nifty.
Nifty PSU Bank and Nifty Metal gained 1% each
Nifty PSU Bank emerged as top performing sector, led by Union Bank of India and Canara Bank.
All Sectoral indices end the session higher, barring Media, Defense and Oil and Gas.
Nifty Pharma gains for the 3rd session in a row.
Nifty Oil and Gas and Media snaps two day gaining streak.
Rupee closed 77 paise stronger against US dollar at 85.98
It closed at 86.75 a dollar on Monday
Source: Bloomberg
Rupee closed 77 paise stronger against US dollar at 85.98
It closed at 86.75 a dollar on Monday
Source: Bloomberg
Jefferies remained constructive on India’s defence theme, citing a robust order book and strong earnings visibility over the next five years. Hindustan Aeronautics Ltd. and Data Patterns Ltd. are Jefferies' top picks in the sector, followed by Bharat Electronics Ltd.
Read the full article here.
Polyplex Corporation has disclosed that a minority shareholder of its subsidiary, EcoBlue, has initiated arbitration proceedings against the parent company. The minority shareholder is claiming a consideration of approximately Rs 345 crore from Polyplex for their stake in EcoBlue, as per the exchange filing.
Concord Biotech has received an Establishment Inspection Report (EIR) from the US Food Drug Administration for the inspection conducted at its Dholka unit between April 28 and May 2.
Ambuja Cements shares rise over 5.09% to Rs 562.80 on Tuesday. This comes as the company commissions 2.3 MTPA brownfield expansion of cement unit at West Bengal. Total Cement capacity now stands at 102.95 MTPA.
Ambuja Cements shares rise over 5.09% to Rs 562.80 on Tuesday. This comes as the company commissions 2.3 MTPA brownfield expansion of cement unit at West Bengal. Total Cement capacity now stands at 102.95 MTPA.
Bondada Engineering shares hit upper circuit on Tuesday after it gets letter of acceptance for Rs 836 crore order to set up battery energy storage systems from Tamil Nadu.
Bondada Engineering shares hit upper circuit on Tuesday after it gets letter of acceptance for Rs 836 crore order to set up battery energy storage systems from Tamil Nadu.
HCLTech has entered into a strategic partnership with AMD Forge to drive digital transformation through advanced AI solutions. This collaboration aims to leverage the strengths of both companies to innovate and enhance digital capabilities, as disclosed in an exchange filing.
Bajaj Consumer has announced the appointment of Naveen Pandey as the new Managing Director for a term of five years, effective from July 1. This decision was disclosed in an exchange filing.
Delhivery boosted capacity with Chandigarh Gateway Hub Expansion, the company said in the exchange filing.
The NSE Nifty 50 was trading 1.22% higher at 25,284.45, and the BSE Sensex was trading 1.23% higher at 82,914.13 as of 11:42 a.m.
The NSE Nifty 50 was trading 1.22% higher at 25,284.45, and the BSE Sensex was trading 1.23% higher at 82,914.13 as of 11:42 a.m.
The NSE Nifty 50 was trading 1.22% higher at 25,284.45, and the BSE Sensex was trading 1.23% higher at 82,914.13 as of 11:42 a.m.
The NSE Nifty 50 was trading 1.22% higher at 25,284.45, and the BSE Sensex was trading 1.23% higher at 82,914.13 as of 11:42 a.m.
Bitcoin extended rally to second session as risk sentiment got a boost after US President Donald Trump announced a tentative ceasefire. However, Iran refuted such claims.
"The ceasefire alleviated immediate concerns about global oil disruptions and restored geopolitical stability, prompting capital to flow back into risk assets. The focus now shifts to Fed Chair Powell’s speech later today. A dovish signal hinting at rate cuts could push Bitcoin past the $107,700 resistance, with the support moving up to $103,200,"Edul Patel, co-founder and CEO,Mudrex.
The Bitcoin rose 4.26% to 103,802.81 on Monday. As of 11:11 a.m., Bitcoin was trading 1.51% higher at 105.371.11.
Embassy REIT has announced the issuance of Non-Convertible Debentures (NCDs) worth Rs 750 crore on a private placement basis. The proceeds from this issuance will be utilized for the repayment of existing debt, as per the exchange filing. Proceeds from the NCDs to be utilised for repayment of existing debt, the company said in the exchange filing.
Ugro Capital Ltd. elevated Anuj Pandey, chief risk officer, to CEO effective July 1, the company said in the exchange filing.
Globe Civil Projects IPO has been subscribed 0.57 times or 57% as of 10:42 a.m. on Tuesday.
Qualified Institutions: nil
Non-Institutional Buyers: 1.00 times
Retail Investors: 0.82 times or 82%
Track live updates on IPOs here.
KPIT Technologies Ltd.'s share price dropped by over 5% on Tuesday. This decrease followed the company's mid-quarter update, which highlighted ongoing uncertainties in the business environment.
KPIT Technologies Ltd.'s share price dropped by over 5% on Tuesday. This decrease followed the company's mid-quarter update, which highlighted ongoing uncertainties in the business environment.
Glenmark Pharmaceuticals has announced the launch of Tevimbra in India, following approval from the Central Drugs Standard Control Organization (CDSCO). Tevimbra is an innovative immunotherapy drug designed to treat specific types of cancer, the company said in the exchange filing.
Poonawalla Fincorp share price advanced 2.13% to Rs 446.85 apiece, the highest level since June 13. It was trading 1.89% higher at Rs 445.8 apiece as of 9:49 a.m., as compared to 0.65% advance in the NSE Nifty 50 index.
Poonawalla Fincorp is no longer part of the Future and Option segments.
Poonawalla Fincorp share price advanced 2.13% to Rs 446.85 apiece, the highest level since June 13. It was trading 1.89% higher at Rs 445.8 apiece as of 9:49 a.m., as compared to 0.65% advance in the NSE Nifty 50 index.
Poonawalla Fincorp is no longer part of the Future and Option segments.
Morgan Stanley has increased the target prices for several non-banking financial companies, factoring in front-loaded rate cuts by the Reserve Bank of India, equity market movements into their earnings per share estimates and cost of equity assumptions.
Read the full article here.
"If Nifty sustains above the 24,860 level, further upside toward 25,100–25,250 is possible; however, a break below 24,800 may invite mild selling pressure. Highest call Open Interest is remained at 25,000 strikes while the downside the highest put is at 25,000 for the weekly expiry,"Vikas Jain, head, research at Reliance Securities.
On National Stock Exchange Ltd., 13 sectoral indices advanced, one decline, and one remained flat. The NSE Nifty PSU Bank was leading gains, while the NSE Nifty Defence declined the most.
On National Stock Exchange Ltd., 13 sectoral indices advanced, one decline, and one remained flat. The NSE Nifty PSU Bank was leading gains, while the NSE Nifty Defence declined the most.
HDFC Bank Ltd., ICICI Bank Ltd., Reliance Industries Ltd., Infosys Ltd., and Larsen & Toubro Ltd. added to the Nifty 50 index.
NTPC Ltd., Oil and Natural Gas Corp, Bharat Electronics Ltd. limited gains in the Nifty 50 index.
HDFC Bank Ltd., ICICI Bank Ltd., Reliance Industries Ltd., Infosys Ltd., and Larsen & Toubro Ltd. added to the Nifty 50 index.
NTPC Ltd., Oil and Natural Gas Corp, Bharat Electronics Ltd. limited gains in the Nifty 50 index.
The NSE Nifty 50 and BSE Sensex rebounded sharply from Tuesday's lows as HDFC Bank and Larsen & Toubro Ltd. shares led. The Nifty 50 was trading 260.45 points or 1.04% higher at 25,232.35, and the Sensex was trading 882.26 points or 1.08% higher at 82,779.05.
The NSE Nifty 50 and BSE Sensex rebounded sharply from Tuesday's lows as HDFC Bank and Larsen & Toubro Ltd. shares led. The Nifty 50 was trading 260.45 points or 1.04% higher at 25,232.35, and the Sensex was trading 882.26 points or 1.08% higher at 82,779.05.
All stocks of Adani Group companies advanced in Tuesday's session before annual general meeting, which scheduled at 10:30 a.m. Adani Ports And Special Economic Zone Ltd., and Adani Green Energy Ltd. were leading gains.
Track live updates on Adani Group Annual General Meeting here.
All stocks of Adani Group companies advanced in Tuesday's session before annual general meeting, which scheduled at 10:30 a.m. Adani Ports And Special Economic Zone Ltd., and Adani Green Energy Ltd. were leading gains.
Track live updates on Adani Group Annual General Meeting here.
Disclaimer: NDTV is a subsidiary of AMG Media Networks Limited, an Adani Group Company.
At pre-open, the NSE Nifty 50 was trading 0.83% higher at 25,179.90, and the BSE Sensex was trading 0.78% higher at 82,534.61.
The 10-year bond yield opened flat at 6.30%
Source: Cogencis
Rupee opened 64 paise stronger against US dollar at 86.11
It closed at 86.75 a dollar on Monday.
Source: Cogencis
Acme Solar Holdings Ltd. has successfully commissioned an additional 60 MW of its Bikaner solar project in Rajasthan through its subsidiary. With this new addition, the company's total operational renewable energy capacity has now reached 2,890 MW. This milestone was announced in an exchange filing.
Down but may not rebound soon
All key asset classes have had a better return than Indian equities the last 12 months
Equity inflows could come under pressure; performance begets flows
Indian equity multiples remain elevated due to big cuts in the Nifty’s EPS estimates
Combination of poor 12-month performance and elevated multiples along with a huge line-up of capital raising and IPOs may pressure equity inflows
Getting sector rotation right may hold the key: IT may be back in favour
Also like staples, real-estate, utilities, banks and energy in our India focus portfolio
Oil prices continued to slide in Tuesday's session as tensions between Israel and Iran continued to decrease after US President Donald Trump announced a ceasefire between Israel and Iran for 12 hours.
In Monday's session Brent crude slumped 9.70% to $69.54 a barrel. As of 7:48 a.m., it was trading 2.11% down at $69 a barrel as of 7:49 a.m.
Markets in Japan, China, Hong Kong, and Australia advanced on optimism that the war in the Middle-East may stop after US President Donald Trump announced a tentative ceasefire between Israel and Iran.
The Nikkei 225 and Hang Seng were trading 1.36% and 1.59% higher, respectively as of 7:27 a.m. Australia's benchmark index S&P ASX was 1.11% higher.
US Futures were trading nearly 1% higher Tuesday as sentiment improved after US President Donald Trump announced a ceasefire between Israel and Iran for 12 hours. However, Israel and Iran have not confirmed it.
The S&P 500 and Dow Jones Industrial Average were trading 0.96% and 0.89% higher, respectively. The Nasdaq 100 was 0.94% higher as of 7:21 a.m.
On Monday, US stocks ended higher as Iran's missile attack on US military base is seen as symbolic rather than cue to intensify the conflict between Iran and Israel.
The GIFT Nifty was trading 0.43% or 107 points higher at 25,157 as of 6:50 a.m., which implied a higher open for the NSE Nifty 50.
Traders may keep an eye on Cochin Shipyard Ltd., Larsen & Toubro Ltd., Tata Motors Ltd., and H.G. Infra Engineering Ltd. shares in Tuesday's session.
The benchmark indices ended lower on Monday despite recovering from the sharp intraday lows that were triggered by the escalating geopolitical tensions.
The Nifty 50 closed 0.55% lower at 24,975.10, while the BSE Sensex ended 0.61% lower at 81,907.15.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
