Markets

[ad_1] The BSE Sensex reached its all-time high of 74,254.62 and the NSE Nifty hit the lifetime peak of 22,529.95 on April 1, 2024. Benchmark equity indices started the new fiscal on a bullish note on April 1, with the Sensex and Nifty reaching all-time high levels, amid firm trends from Asian markets and foreign fund inflows. Extending its winning momentum to the third day running, the 30-share BSE…

[ad_1] Stock market today: Indian stock market benchmarks the Sensex and the Nifty 50 hit their fresh all-time highs in intraday trade on Monday, April 1, amid across-the-board buying despite mixed global cues. The Sensex opened at 73,968.62 against the previous close of 73,651.35 and rose about 0.82 per cent to hit its fresh all-time high of 74,254.62 within the first two hours of trade. The Nifty 50 opened…

[ad_1] According to Axis Securities, Nifty 50 may trade between 22,800 and 21,800 with a positive bias for the week. The brokerage firm believes crossing and sustaining above the 22,500 level could trigger buying, driving the index towards 22,650 -22,800 levels. However, if the index breaks below the 22,150 level, it may fall towards 22,000-21,800, the brokerage firm said. Experts expect the market to see some volatility in the…

[ad_1] Last Updated: April 01, 2024, 09:38 IST Sensex Today: Equity benchmark indices opened on a strong note in the first trading session of the financial year 2024-25, amid supportive cues from global peers. The S&P BSE Sensex was up over 500 points at 74,166. The NSE Nifty 50 was seen testing the 22,500 levels. Power Grid, Infosys and Bajaj Finserv were the early movers, while Maruti was down…

[ad_1] Stocks To Watch on April 1: Equity markets ended the last fiscal on a positive note despite uncertainty around valuations in the broader market. In today’s trade, shares of IDFC First Bank, Indian Oil, Infosys, Zomato, JSW Steel will be in focus due to various news developments. Bank Of India: Bank Of India has received a demand notice of just over Rs 1,000 crore from the assessment unit,…

[ad_1] The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 22,530 level, a premium of nearly 40 points from the Nifty futures’ previous close. On Thursday, the domestic equity indices ended sharply higher amid positive global cues, with the benchmark Nifty 50 closing above the 22,300 level. The Sensex spiked 655.04 points to close at 73,651.35, while…

[ad_1] (Bloomberg) — After the worst quarter in five years for Asia Pacific initial public offerings, a pick up activity is expected from South Korea, India and Japan while Chinese deals are likely to remain sparse. New share sales across the region fell to $11 billion between January and March, the lowest tally for a quarter since early 2019, data compiled by Bloomberg show. The amount represents a 46%…

[ad_1] Patience is a virtue, but that may not be the case if you are an investor in Page Industries Ltd’s stock. This is because the wait for an earnings turnaround is getting longer. Weak demand, heightened competition and an inferior product mix is feared to keep its realizations muted in the March quarter (Q4FY24) as well as FY25. Declining cotton prices have prompted competitors to give discounts and…

[ad_1] Indian stock market: The Nifty has made a notable advance above 22,500, following a sustained movement beyond 22,100. Moreover, there’s a visible consolidation breakout on the daily timeframe, indicating an increase in optimism. However, the Nifty faced initial resistance around its previous swing high of 22,526. Therefore, for a further rally, it needs to move decisively beyond 22,525. On the lower end, 22,200 might act as support for…

[ad_1] During FY24, stocks such as Tata Motors, Bajaj Auto, Adani Ports, Coal India, and Hero Motocorp witnessed extraordinary growth, with each of them vaulting over 100 per cent. Surprisingly, out of all Nifty 50 stocks, only two – Hindustan Unilever and HDFC Bank – concluded the fiscal year in the red, experiencing a decline of over 10 per cent each. Also Read: FY24 Review | Bajaj Auto, NTPC,…

[ad_1] During the truncated holiday week, the collective market worth of seven out of the top 10 esteemed companies surged by ₹67,259.99 crore, with Reliance Industries emerging as the primary beneficiary amid a general bullish sentiment in the stock market. The BSE index experienced an ascent of 819.41 points or 1.12 percent over the week. Trading activity was limited to three sessions due to market closures on Monday for…

[ad_1] In the realm of current IPOs, the Radiowalla IPO and TAC Infosec IPO are scheduled to conclude on April 2nd. Meanwhile, bids for the Yash Optics & Lens IPO, Jay Kailash Namkeen IPO, and K2 Infragen IPO, all from the SME segment, will wrap up on April 3rd. The Aluwind Architectural IPO and Creative Graphics Solutions India IPO, also from the SME segment, will close on April 4th.…

[ad_1] Gold And Silver Prices Today: Gold prices saw a slight decrease on Sunday.The cost of 24 carat gold is Rs.6879.9 per gm down by Rs.336.0.The cost of 22 carat gold is Rs.6302.0 per gm down by Rs.308.0.The price change in 24 carat gold in the last one week has been -2.89% .whereas in the last month it has been -7.95%. The cost of silver is Rs.77800.0 per kg…

[ad_1] After an eventful year of record gains by the equity markets during FY24, what are the expectations for FY25? Definitely the FY24 has turned out to be an exceptional year for investors and despite the volatility seen in the last few weeks, the overall return has been still broadly impressive. Nifty50 has given a return of about 30% plus while Nifty Next50 is up by about more than…

[ad_1] Market experts highlighted that there was a rampage in corporate earnings growth, with the 23-24 per cent year-on-year (YoY) earnings per share (EPS) forecast for the Nifty 50 index. Investors became richer by ₹128.77 lakh crore in FY24, driven by strong macroeconomic fundamentals of the Indian economy, increased foreign capital inflows and promising corporate growth earnings. Large caps recorded a hefty 33 per cent return in FY24, midcaps…

[ad_1] With the opening of the new fiscal, investors will eye a host of stock market triggers in the first week of FY25, including the including the Monetary Policy Committee (MPC) meeting by the Reserve Bank of India (RBI), auto sales figures, fourth quarter company updates (Q4FY24) ahead of results, foreign capital inflow, crude oil prices, and global cues. Domestic equity benchmark Nifty 50 ended FY24 on buoyant note…

[ad_1] Oil benchmark Brent crude futures has moved sideways in the last 12 months – between April 2023 to March 2024, majorly due to the supply cuts announced by the Organisation of Petroleum Exporting Countries and its allies (OPEC+) as well as the Israel-Hamas war. Oil producing majors including Saudi Arabia and Russia have since then defended the oil production cuts as a precautionary measure, aimed at the ‘stability…

[ad_1] Dividend Stocks: Shares of several companies such as Ashok Leyland, Varun Beverages, TVS Holdings, among others will trade ex-dividend in the coming week with the onset of the new financial year 2024-25 (FY25), starting from Monday, April 1. Along with these, some other firms will also trade ex-split, ex-rights, and ex-bonus, according to data on the BSE. The ex-dividend date is the day on which the equity share…