The Indian market extended its losses on Friday, with all 13 major sectors closing in the red, as investors fretted about the impact of U.S. President Donald Trump's proposed reciprocal tariffs. Pharma stocks, heavily reliant on U.S. revenue, faced the sharpest declines.
The NSE Nifty 50 and BSE Sensex were trading near day's high around noon. The benchmarks have risen 0.83% and 0.78%, respectively so far on Thursday. As of 11:58 a.m., the Nifty 50 and Sensex were trading 0.76% and 0.73% higher, respectively.
India's benchmark indices fell sharply, with Sensex down 1.59% and Nifty 1.62%, driven by broad-based selling and cautious investor sentiment over Human Metapneumovirus (HMPV) cases and global economic uncertainties, including the Fed's hawkish stance and strong dollar.
Oct 29, 2024 / 10:30AM GMTOperator Ladies and gentlemen, good day and welcome to the SBI Cards and Payment Services Limited Q2 FY25 earnings conference call. (O
SBI Card stock is seen trading above its 200-DMA after one month. Technical chart shows, the stock can potentially rally up 15% from present level; read details here
Vodafone and 26 other stocks are exiting the Nifty 500 index while Trent and Bharat Electronics joined the Nifty 50, from which LTI Mindtree and Divi's Laboratories exited. Effective from September 30, 2024, these changes will come into effected.
JM Financial reports that Canara Bank's addition to the 12-stock Nifty index is projected to attract inflows of $84 million, while Bandhan Bank's removal could lead to outflows of $47 million. The NSE Indices committee announced these changes on Friday, set to take effect from September 30th (based on the closing prices of September 27th).
Stocks to watch today, July 29, 2024: GIFT Nifty indicates a positive start for the benchmark equity indices on Monday. Here are buzzing stocks to watch during today's trading session
Maruti Suzuki India, HCL Technologies, Bajaj Finserv, SBI Life Insurance Company and Shriram Finance would be announcing their quarterly earnings later today.
This week's quarterly results of prominent companies, India’s manufacturing PMI, services PMI, and Foreign Exchange Reserves data, are major events that will move the markets
Based on the OI percentage, 109 stocks saw long unwinding which were ONGC, Alkem Laboratories, United Breweries, Bharti Airtel, and Britannia Industries.
A long build-up was seen in 77 stocks, which included Zee Entertainment Enterprises, Britannia Industries, Indraprastha Gas, Pidilite Industries, and Bank of Baroda.