News for Sundaram Finance Limited (SUNDARMFIN.NS)

The Nifty Pharma index was trading 0.66 per cent up at 21815.05.

The Nifty Bank index was trading 0.26 per cent up at 56608.75.

Sundaram Finance Holdings Limited acquires 4.99% stake in India Motor Parts & Accessories Limited to consolidate group holdings.

The Nifty Auto index was trading 0.82 per cent down at 23610.15.

Sundaram Finance, Suven Life Sci, Fusion Micro Finance(PP), Krishana Phoschem and Reliance Home Fin, hit their fresh 52-week highs at 10:42AM.

The Nifty IT index closed 1.26 per cent up at 38784.3.

The Nifty Bank index closed 0.3 per cent down at 56459.75.

The Nifty Auto index closed 0.19 per cent up at 23805.2.

Wockhardt, Prabha Energy, Capital India Fin, Camlin Fine Sc and Sundaram Finance, hit their fresh 52-week highs during the day.

Sundaram Finance Ltd (SFL) reports improved profitability and slower growth in FY25, expecting macro-economic sentiments to improve.

Stock Market Today: Trump Tariffs have become a grim reality for the markets, geopolitics and economies globallyUS President Donald Trump announced a 25 per cent tariff on imports from Canada and Mexico and a 10 per cent tariff on Chinese goods.

The NSE Nifty index was trading 124.06 points down at 24064.6

Indian markets surged on Thursday, with Sensex climbing 1,436 points to 79,943.71 and Nifty rising 445 points to 24,188.65, driven by financial, auto, and IT stocks ahead of the upcoming earnings season.

In the Nifty50 index, 48 stocks closed in the green, while 2 stocks ended in the red.

The Indian stock market closed in the green on Monday, breaking a five-session losing streak. Strong gains in heavyweight financial and metal stocks, coupled with positive cues from regional markets after subdued U.S. inflation data, lifted the benchmarks higher.

Indian equity indices Sensex and Nifty50 registered their steepest drop in two months due to profit booking and weak Asian markets, breaking below key support levels. Analysts highlight potential further weakness with key support at 25,750 and resistance at 26,000. The bearish sentiment affected both major and smaller stocks.

Indian equity indices closed lower as investors booked profits after record highs, though the Nifty and Sensex maintained weekly gains, indicating strong market sentiment.

A long bullish candle appeared on the Nifty daily chart, signaling a decisive breakout above the 26,000 level after a period of consolidation. The daily chart shows positive patterns, including higher highs and lows, indicating strong upward momentum with minimal downward corrections.

Indian indices hit new highs for the fifth straight session, led by financials and energy, while small-caps declined. Nifty closed at 26,004, up 0.25%. Analysts remain positive on the market, with support at 25,800 and resistance at 26,200-26,250.