As of June 7,2024, the RBI decided to keep the Repo rate unchanged at 6.5%. This marks the eighth time in a row the rate has been held steady. Maintaining Focus on Inflation: The RBI prioritizes controlling inflation, especially considering recent food price increases.Even though overall inflation (4.83%) is within […]
On the positive side, overall sales and PC chip sales are up significantly, which is good news. This suggests their new Intel Core Ultra processors for AI PCs are gaining traction. However, the data center and network/edge device segments are showing weakness. The decline in foundry revenue is also concerning. […]
Bajaj Housing Finance (Bajaj HF), a subsidiary of Bajaj Finance, announced plans for an IPO on June 6, The filing with the stock exchange indicates a targeted issue size of ₹4,000 crore ($500 million). This is expected to be an Offer for Sale (OFS), meaning existing shareholders will be selling […]
HDFC Securities is bullish on Jyothy Labs, a stock in the FMCG (Fast Moving Consumer Goods) sector. They believe it’s a good investment opportunity and have given it a “high conviction buy” rating. Their reasoning is that the company is likely to see strong growth in sales volume, profitability, and […]
Live Indian Stock Market Nifty Update (as of Wednesday, June 5th, 2024, 2:58 PM IST) Nifty 50 is currently trading at 22,599.40, which is a significant 3.27% increase from the opening price of 22,128.35. High: 22,638.35 Low: 21,791.95 Market Analysis: The Nifty 50 is experiencing a strong rally today after […]
Stock brokerages are reacting to the recent election results by increasing margin requirements. Stock Brokerages Tighten the Belt:Stock brokerages are reacting to recent market volatility by increasing margin requirements. This means investors will need to put up more of their own money upfront when buying stocks on credit. This move […]
Indian stock market today, June 5th Sensex and Nifty Up 2% in Early Deals: Key indices are showing positive momentum after early jitters. Adani Group Stocks Sizzle Up to 5%: The Adani Group is on fire with a strong surge in share prices. Volatility Takes a Chilling Pill (VIX Down […]
Symbol Open High Low Prev. Close LTP %chng Value(₹ Lakhs) EICHERMOT 4,800.00 4,800.00 4,640.00 4,733.45 4,670.00 -1.34 50,156.45 LTIM 4,825.00 4,825.00 4,639.80 4,701.90 4,649.40 -1.12 20,966.18 HCLTECH 1,350.55 1,354.75 1,309.85 1,324.10 1,316.50 -0.57 71,160.64 SUNPHARMA 1,496.50 1,498.00 1,451.00 1,459.80 1,455.20 -0.32 27,167.42 ASIANPAINT 2,950.00 2,950.00 2,860.05 2,881.20 2,875.00 -0.22 27,452.56 […]
NSE-TOP Gainer Symbol Open High Low PREV. CLOSE chng %Chng Volume(shares) ADANIPORTS 1,549.00 1,621.40 1,535.00 1,437.40 152.6 10.62 2,33,98,319 SBIN 863.55 912 856.75 830.35 78.7 9.48 6,42,68,601 NTPC 385 393.2 373.45 359 33.5 9.33 3,92,58,595 POWERGRID 335 348.7 325.6 310 28 9.03 5,52,16,734 ONGC 277.95 286.55 273.2 264.35 19.65 7.43 […]
Indian Stock Market Soars on Strong Investor Sentiment Market Highlights: Both Sensex and Nifty 50 continued their rally at 11 AM IST. Sensex jumped 2,034 points (2.75%) to 75,995. Nifty 50 surged 615 points (2.73%) to 23,146. Earlier, markets opened at record highs. Nifty 50 climbed 3.58% and Sensex gained […]