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Volatile Tuesday: Sensex ends down 600 points, Nifty slips below 24,550; Adani Group stocks, power, finance see sharp cut

The Indian benchmark indices, Sensex and Nifty, ended Tuesday’s session with sharp losses after a subdued start. The Sensex closed at 80,737.51, falling 636.24 points or 0.78%, while the Nifty slipped 174.10 points or 0.70% to settle at 24,542.50. The Nifty Bank index also declined, closing at 55,599.95, down by 0.54%. Here are 5 key

Hindustan Zinc, Vedanta, Tata Steel plunge as much as 4%: Here’s why

The Nifty Metal index hammered 1.6% to the 9,047.95 level on Monday after the US President Donald Trump said that he would double the import duty on steel imports, implying this Wednesday.  On Friday, Trump announced to raise the tariffs on steel imports to 50%. He was addressing a rally at a US steel plant

RBI’s interest rate decision, macroeconomic data, global trends to drive stock markets this week: Analysts

RBI’s interest rate decision, macroeconomic data announcements and global trends are the key factors that would dictate the momentum in the equity market this week, analysts said. Moreover, trading activity of Foreign Institutional Investors (FIIs) and developments on the tariffs front would also guide investors’ sentiment, experts noted. RBI Policy meeting in focus “Looking ahead

5 mutual funds that delivered the highest returns in a decade

The Indian stock market is currently going through a phase of volatility, with the Nifty 50 and BSE Sensex hovering below their record highs. After a good 2023 and 2024, midcaps and smallcaps corrected sharply. This was due to profit-booking, liquidity issues, and high PE multiples, leading investors back to largecaps. Yet, structural growth for

Markets close lower for second consecutive week. Nifty, Sensex end down 0.4% each- 5 key highlights

The markets closed Friday’s session on a lower note. The Nifty 50 closed the session 83 points or 0.33% lower at 24,750, the Sensex fell 182 points or 0.22% to settle at 81,451.  However, the banking stocks surged higher breaking ranks with the overall markets, the Nifty Bank rose 204 points or 0.37% to end

3 “Buy” recommendations from Jefferies; Up to 28% return potential

A rather choppy session for the markets with select pockets of opportunities today. The Financial sector stocks have been in focus after the encouraging Q4 numbers that indicated an overall improvement in asset quality. Key international brokerage house Jefferies has identified three stocks from the banking and financial space. They have a buy rating on

Nifty ends below 24,800 amidst rangebound trade; FMCG under pressure – 5 key highlights

The range-bound session ends on a lower note for the second straight session on Wednesday. The Nifty 50 closed the session 74 points or 0.30% lower at 24,752, the Sensex fell 240 points or 0.29% to settle at 81,312.  Breaking ranks with the overall market sentiments, the Nifty Bank inched up 64 points or 0.12%

Markets end lower: Nifty near 24,800, Sensex falls 590 points; Small and midcap outperform – 5 key highlights

The volatile session ends on a lower note on Tuesday. The Nifty 50 closed the session 163 points or 0.65% lower at 24,838, the Sensex fell 592 points or 0.72% to end at 81,5845.  In line with the overall market sentiments, the Nifty Bank declined 220 points or 0.40% to end at 55,351.30. However, the
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MF inflows dip 22% in August

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UltraTech sharpens southern focus as it nears 200 mtpa target: Analysts

UltraTech Cement is stepping up its play in southern India, with the region emerging as a critical growth engine for the country’s largest cement maker. According to analysts, the company has increased the south’s share of its total grey cement capacity to about 27%, compared with 16% in FY23, while its share of the industry’s