Stock Market LIVE: Nifty, Sensex Fall At Pre-Open; BHEL, Sun Pharma, Biocon Shares In Focus
At pre-open, the Nifty 50 and Sensex were trading 0.29% and 0.25% down, respectively as of 9:08 a.m., which indicated a positive opening for the NSE Nifty 50.
KEY HIGHLIGHTS
Market Expert's View On Bond: Seen Steady; Traders Await Govt's Borrowing Plan Details
Market Expert's View On Rupee: Indian Unit To Open Weaker Against US Dollar
Stock Market News: Trump Slaps 100% Pharma Tariffs: What It Means For Indian Companies
Pre-Market Experts' View: Nifty Reflects Neutral-To-Bearish Bias
LIVE: Yield On 10-Year Bond Opens Flat
The yield on the 10-year bond opened flat at 6.51%
Source: Bloomberg
LIVE: Rupee Opens Weaker Against US Dollar
Rupee opened 2 paise weaker at 88.69 against the greenback
It closed at 88.67 a dollar on Thursday
Source: Bloomberg
Stock Market LIVE: L&T Tech Expands Pact With Siemens
L&T Technology Services expanded pact with Siemens to advance machine and line smulation technology. The company will utilise digital technology portfolio of Siemens to deliver simulation-driven automation for sectors, the company said in the exchange filing.
Many Traders Replacing Large FMCG Stocks With IT, Says Sowlio Investment's Sandip Agarwal
Sowlio Investment Fund Manager And Co-Founder not much negative on Indian IT companies. Accenture's numbers tells a fact that it is an ex-growth sector. There will be a similar commentary from Indian IT companies.
Large-cap Indian IT companies are replacing some of the FMCG companies. Traders are buying these companies because they are delivering similar growth, margins at half the multiples, he said.
More experts' view on NDTV Profit
Stock Market News: Should FPIs Return To India? HSBC Says Time's Right
As the Indian market gears up for another earnings season, HSBC believes the time is right for foreign investors to return after an extended period of weakness and macro turmoil that has stifled growth.
In its latest India Strategy report, HSBC analyst Prerna Garg pointed out that a combination of low valuation, a slow recovery in earnings and a low foreign fund positioning makes it an ideal staging ground for foreign investors to return to India.
