Stock Market News

5paisa Research Team || Oil prices surged nearly 2% on Thursday as escalating tensions between Russia and Ukraine unsettled markets, raising fears over potential disruptions to crude supplies if the conflict intensifies. Invest in Indian Markets and Unlock Future Potential With 5paisa! Open Account Now .login-warning { display: flex; flex-wrap: wrap; align-items: center; justify-content: space-between; background: #fff; box-shadow: 0 0 2px rgb(51 55 57 / 42%); border-radiu

5paisa Research Team || Oil prices fell more than $1 per barrel Monday, October 14, slipping over 1.5% in early trading, as weak Chinese inflation data and uncertainty over Beijing's new economic stimulus measures rose concerns over demand. Following on Monday, Oil prices slumped with Brent crude futures shedding $1.26, or 1.59%, reaching $77.78 a barrel by 0020 GMT, while U.S. West Texas Intermediate crude futures lost $1.20, or 1.59%, reaching $74.36 a barrel. Negative economic indicators emanating from China overwhelmed market concerns

Tanushree Jaiswal || On Wednesday, August 7, veteran American investor Jim Rogers predicted a substantial rise in gold prices if the global stock market crashes in the upcoming months. He emphasized that during periods of market volatility, investors tend to favor gold for its safe haven qualities. Speaking with Business Today TV Managing Editor Siddharth Zarabi, Rogers advised investors to hold onto their gold, suggesting that its value could increase significantly in the near future. Rogers noted, "Gold prices have been down for many years

Tanushree Jaiswal || Concerns about demand in China and other regions have led to a significant selloff in global copper prices, pushing the metal into a bear market with a 20% decline from the peak levels seen in May this year. Copper prices have dropped below $9,000 per tonne for the first time since early April. Over the past month, copper futures have fallen by up to 7%, reaching near four-month lows, with analysts predicting further declines, reducing net long positions on the London Metal Exchange (LME) by 60%. Check Copper Price Today

5paisa Research Team || Oil prices remained relatively stable in early trading on Tuesday after falling sharply in recent sessions, driven by concerns over China’s stimulus plan and oversupply in the market. As traders await further direction from OPEC's monthly report, both Brent and U.S. West Texas Intermediate (WTI) crude futures showed only slight movements, reflecting uncertainty in the oil market. Brent crude futures were down by just one cent, trading at $71.82 per barrel, while WTI crude saw a modest rise of three cents, reaching $68

5paisa Research Team || Bitcoin’s recent rally continued through Monday night, hitting a peak of $89,599 early Tuesday. Investors seem energized by President-elect Donald Trump’s positive stance on cryptocurrency and his plans to revamp crypto regulations. Since the U.S. election on November 5, Bitcoin has jumped about 32% in value. Some experts are even predicting it could break the $100,000 mark before the end of the year. "Bitcoin is now in price discovery mode," said H.C. Wainwright analyst Mike Colonnese in a CNBC report, meaning the ma

5paisa Research Team || Bitcoin reached a new all-time high on Monday, topping $81,000. This surge came on the heels of Donald Trump’s election win, which has sparked optimism about potential pro-crypto policies in the U.S. By 11 AM, Bitcoin was trading at $81,119.61, bringing its total market value up to a whopping $1.6 trillion. Trump’s campaign promises—like setting up a national Bitcoin reserve and appointing regulators who support crypto—have fueled hopes for a more crypto-friendly regulatory landscape. This has boosted investor confide

5paisa Research Team || The Federal Reserve announced on Thursday that it would be lowering its key interest rate by a quarter percentage point. This decision was widely expected as inflation approaches the central bank’s target of 2%. Consequently, the federal funds rate now stands at a range of 4.5% to 4.75%. The US Federal Reserve opted to cut the benchmark interest rate by 25 basis points (bps) to 4.50% - 4.75%, aligning with Wall Street predictions, as policymakers noted a job market that has “generally eased” while inflation continues

5paisa Research Team || Zinka Logistics Solutions Limited (BlackBuck), founded in April 2015 and operating India's largest digital platform for truck operators with over 963,345 users, made its market debut on Friday, 22nd November 2024, with its shares listing on both BSE and NSE. The company's platform provides comprehensive services, including payments, telematics, freight marketplace, and vehicle financing. Listing Details Listing Time & Price: At market open, Zinka Logistics share price were listed at ₹279.05 on both BSE and N

5paisa Research Team || Abha Power and Steel Limited, a prominent player in the iron and steel foundry sector, is set to launch its Initial Public Offering (IPO) to raise ₹38.54 crores through a combination of fresh issue and offer for sale. Abha Power and Steel IPO aims to fund the modernisation of the company’s manufacturing facilities, support its working capital requirements, and cover general corporate purposes. Established in 2004, Abha Power and Steel operates a fully equipped manufacturing facility in Bilaspur, Chhattisgarh, with an

5paisa Research Team || Agarwal Toughened Glass India Limited, a leader in the toughened glass manufacturing industry, is launching its Initial Public Offering (IPO) to raise ₹62.64 crores through a fresh issue of 58 lakh shares. Agarwal Toughened Glass India's IPO is being introduced to finance strategic expansion, purchase machinery, repay borrowings, and meet working capital requirements. The offering also aims to strengthen the company's presence in both domestic and international markets. With its expertise in manufacturing various glass p

5paisa Research Team || Ganesh Infraworld Limited, a prominent engineering and construction company in India, is launching its Initial Public Offering (IPO) to raise ₹98.58 crores through a fresh issue of 1.19 crore shares. Ganesh Infraworld IPO aims to meet the company’s long-term working capital requirements and cover general corporate purposes. With a focus on integrated engineering, procurement, and construction (EPC) services, Ganesh Infraworld operates across the civil, electrical, road, rail, and water infrastructure sectors. Establis

5paisa Research Team || The primary objective of the Franklin India Long Duration Fund Direct(G) is to generate consistent returns by strategically investing in debt and money market instruments, ensuring the portfolio's Macaulay duration exceeds 7 years. This approach aims to balance long term growth with risk management. However, it is important to note that achieving the stated investment objective cannot be assured or guaranteed. Invest in Indian Markets and Unlock Future Potential With 5paisa! Open Account Now .login-warning {

5paisa Research Team || The Axis Momentum Fund – Direct (G) is designed to offer investors an opportunity to achieve longterm capital appreciation by investing in a diversified portfolio of equity and equityrelated instruments. The fund actively identifies companies that demonstrate robust momentum characteristics, focusing on those with a consistent upward price trajectory and favourable market dynamics. To ensure a systematic and efficient selection process, the portfolio is constructed using a quantitative model that evaluates and ranks s

5paisa Research Team || The Life Insurance Corporation of India (LIC) has increased its stake in LTIMindtree, boosting its holding to 2,08,34,009 equity shares, up from 1,49,06,665 shares. This move raises LIC’s ownership in the company to 7.034% of its paid-up capital, compared to 5.033% earlier. Invest in Indian Markets and Unlock Future Potential With 5paisa! Open Account Now .login-warning { display: flex; flex-wrap: wrap; align-items: center; justify-content: space-between; background:

5paisa Research Team || Tata Power and the Asian Development Bank (ADB) have signed an MoU (memorandum of understanding) to finance clean energy projects in India, totaling an estimated $4.25 billion. The collaboration focuses on supporting renewable energy projects and strengthening the nation’s energy infrastructure. Invest in Indian Markets and Unlock Future Potential With 5paisa! Open Account Now .login-warning { display: flex; flex-wrap: wrap; align-items: center; justify-content: space-betwee

5paisa Research Team || Tata BSE Select Business Groups Index Fund - Direct (G) is a passively managed mutual fund that seeks to replicate the performance of the BSE Select Business Groups Index. This index comprises a basket of stocks representing well-established business groups in India, such as Tata, Reliance, and Adani, among others, that are pivotal to the Indian economy. By investing in this fund, investors gain exposure to a diversified portfolio of leading companies across various sectors, providing an opportunity to benefit from the g

5paisa Research Team || HDFC Nifty India Digital Index Fund - Direct (G) focuses is a passive equity scheme designed to track the Nifty India Digital Index (TRI), offering investors exposure to the digital sector of India. The Nifty India Digital Index comprises the top 30 stocks from India’s digital sector, selected based on their six-month average free-float market capitalization. Invest in Indian Markets and Unlock Future Potential With 5paisa! Open Account Now .login-warning { display: flex; flex-wrap: wrap;

5paisa Research Team || PGIM India Healthcare Fund - Direct (G) focuses on equity and equity-related securities in the healthcare and pharmaceutical industries. It provides exposure to various sub-sectors, such as healthcare services, pharmaceutical manufacturing, and more. With a flexible investment strategy aimed at generating long-term returns and actively managing risks, this fund is for those who want to capitalize on the growth potential of India’s healthcare sector while mitigating market volatility. Details of the NFO: PGIM India Hea

5paisa Research Team || Edelweiss CRISIL IBX AAA Financial Services - Jan 2028 Index Fund - Direct (G) is an investment opportunity designed to align with the CRISIL-IBX AAA Financial Services Index – Jan 2028. This passively managed index fund focuses on fixed-income securities, primarily AAA-rated corporate bonds, providing stability and predictable returns. With a maturity date set for January 2028, it offers investors a clear investment horizon and targets a buy-and-hold strategy to minimize market risks. The scheme ensures diversificati

5paisa Research Team || Godavari Biorefineries' shares dropped 4.42% to ₹293.80 after the company reported a consolidated net loss of ₹74.99 crore in Q2 FY25, compared to a net loss of ₹65.14 crore in Q2 FY24. The company's revenue from operations fell by 33.73% year-on-year to ₹320.05 crore for the quarter ended 30 September 2024. Additionally, it recorded a pre-tax loss of ₹64.11 crore in Q2 FY25, marginally improving from a pre-tax loss of ₹65.14 crore in the same quarter of the previous year. Godavari Biorefineries Q2 Results Highlights

5paisa Research Team || Waaree Energies has announced its financial results for the quarter ended on September 30, 2024. The company reported a 14.7% rise in net profit to ₹361.6 crore, compared to ₹315 crore in the same period last year. Revenue increased slightly by 1% to ₹3,574.3 crore from ₹3,537.2 crore in Q2 FY24. The company's primary business segment, Solar Photovoltaic Modules, recorded a nearly 10% decline in revenue, amounting to ₹3,053.24 crore in the July-September quarter, down from ₹3,392.40 crore in the same period last year.

5paisa Research Team || Hindustan Aeronautics Ltd., a government-owned company, released its financial results for the September quarter on Thursday, November 14, showing year-over-year growth in several key areas. The company’s revenue rose 6% compared to the same quarter last year, reaching ₹5,976.3 crore. Additionally, net profit for the period increased by 22%, climbing to ₹1,510.5 crore from ₹1,236.7 crore the previous year. Hindustan Aeronautics Q2 Results Highlights • Revenue: Increased by 6% from last year to ₹5,976.3 crore. • Ne

5paisa Research Team || Torrent Power has announced its Q2 FY25 financial performance, reflecting year-over-year (YoY) growth in both revenue and profit. The company reported a 3.1% increase in revenue, reaching ₹7,175.81 crore in Q2 FY25, up from ₹6,960.92 crore in the same quarter last year. However, on a quarter-over-quarter (QoQ) basis, revenue declined from ₹9,033.73 crore in Q1 FY25, indicating a sequential drop. Torrent Power Q2 Results Highlights • Revenue: 3.1% increase to ₹7,175.81 crore in Q2 FY25. • Net Profit: 14.8% to ₹495.

Tanushree Jaiswal || The recent decline of the rupee against the US dollar, enhancing India's export competitiveness, might be a deliberate result of strategic central bank measures to address the perceived overvaluation of the rupee. This perception arose after the real effective exchange rate (REER) surged to nearly a four-year peak in June. After appreciating against the dollar in June, the rupee has continued to depreciate through July and early August. Money market analysts attribute this trend to potential actions by the Reserve Bank o

Tanushree Jaiswal || The Indian rupee is expected to reach a record low at the opening on Wednesday, ahead of significant U.S. inflation data and new interest rate projections from Federal Reserve officials. Non-deliverable forwards suggest the rupee will start trading at 83.58-83.60 to the U.S. dollar, down from 83.5650 in the previous session and surpassing the all-time low of 83.5750 set in April. On Tuesday, the rupee fell below the long-standing support level of 83.50-83.55. The rupee has faced challenging days recently. Weighed down by

Tanushree Jaiswal || The Foreign Exchange Derivatives market in India is undergoing a substantial disruption on April 5, due to the implementation of newly announced regulations by the Reserve Bank of India (RBI). It is anticipated that the implementation of these regulations, which mandate an underlying foreign-exchange exposure for currency derivatives trading on stock exchanges, will significantly affect the market, specifically affecting retail traders and speculators, who make up a substantial proportion of the participants. To comply w

Tanushree Jaiswal || In a rather low-profile move, the RBI has decided to officially withdraw the ₹2,000 notes from the currency circulation. This will be effective from 30th September 2023. Between March 23, 2023 and September 30, 2023, the RBI will offer a special window for the people holding these ₹2,000 currency notes to either exchange their notes or deposit these notes into the bank account. Banks will offer this window only up to September end and after that the ₹2,000 note cannot be either exchanged or even deposited in any of the comm

Tanushree Jaiswal || The attractiveness of buybacks from information technology (IT) companies is expected to diminish following the Budget 2023-24 announcement, which states that income from share buybacks will now be taxed as dividends for the recipient investor. Analysts anticipate this change will make buybacks less appealing due to increased compliance burdens and potentially higher taxes. Under the current system, companies are charged an additional income tax for buybacks. However, starting October 1, 2024, the income from share buyba

Tanushree Jaiswal || The Union Budget for 2024-25, unveiled today, marks the inaugural budget of the new coalition government, meeting high expectations from both industry stakeholders and the general public. The budget's central theme aligns with the ambitions of a youthful nation—focusing on employment, skills development, MSMEs, and the middle class. As the world's fastest-growing large economy, the budget needed to not only reinforce fiscal stability but also set the stage for sustained economic growth, a delicate balance the finance mi

Tanushree Jaiswal || The Union Budget for the fiscal year 2025 places a strong emphasis on the financial sector's vital role in fostering economic growth. This is achieved through several strategic announcements designed to enhance credit flow to key sectors and optimize outcomes in three critical areas: credit expansion, financial inclusion, and stressed assets resolution. The DFM Troika: Digital, Financial Inclusion, and MSME Support Measures Digital Initiatives First, the budget underscores technology initiatives in agriculture, par

Tanushree Jaiswal || Union Finance Minister Nirmala Sitharaman took center stage on July 23, 2024, as she presented the Union Budget for 2024-25, marking her seventh consecutive Budget presentation. The stock market's reaction was heavily influenced by the Budget proposals across various sectors. Earlier in the day, the Indian stock market erased its initial gains due to caution ahead of the Budget announcement. Although the NSE Nifty 50 and S&P, BSE Sensex opened about 0.3% higher, they were trading flat at 24,516.65 points and 80,553.9