Stock Market News

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

Tanushree Jaiswal || Oil prices fell on Friday, marking second consecutive weekly decline due to mixed economic data & stronger dollar. Brent crude dropped to $84.50 per barrel, & U.S. WTI fell to $82.10 per barrel. Decline was influenced by strong U.S. labor data, slower growth in China, & Japan's inflation, which impacted market sentiment. Despite decrease in U.S. stockpiles, rising global stocks led to bearish trends, with OPEC+ unlikely to change output cuts. Check MCX Crude Oil Rate Today Live Check MCX Crude Oil Mini Rat

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 || Neelam Linens and Garments' initial public offering (IPO) has received strong investor interest over the three-day period. The IPO witnessed robust growth in demand, with subscription rates growing from 2.72 times on day one, to 8.90 times on day two, and reaching 12.00 times by 11:05 AM on day three. Neelam Linens and Garments IPO, which opened on 8th November 2024, has seen enthusiastic participation across categories. The Retail Investors segment showed overwhelming interest reaching 19.55 times subscription, while

5paisa Research Team || Sagility India Limited, established in July 2021 and specialized in providing technology-driven healthcare solutions to US health insurance payers and providers, made its market debut on Monday, 12th November 2024, with its shares listing on both BSE and NSE. The company, which serves five of the ten largest US payers with an average customer tenure of 17 years, emerged from acquiring the healthcare services division of Hinduja Global Solutions. Listing Details Listing Price: Sagility India shares were listed at

5paisa Research Team || Niva Bupa Health Insurance IPO has closed with a positive response from investors, achieving a final subscription of 1.90 times by 11th November 2024 at 5:21:08 PM (Day 3). The public issue witnessed strong demand across most categories. The Retail Investors segment led with an impressive 2.88 times subscription. The Qualified Institutional Buyers (QIB) portion showed strong interest with 2.17 times subscription. The Non-Institutional Investors (NII) category showed moderate interest with 0.71 times subscription, with

5paisa Research Team || Zinka Logistics Solution Company Profile Zinka Logistics Solution Limited, known for its digital platform BlackBuck, brings a unique investment opportunity to India’s logistics sector. Zinka IPO, totalling ₹1,114.72 crores, includes a fresh issue of 2.01 crore shares worth ₹550.00 crores and an offer for sale of 2.07 crore shares worth ₹564.72 crores. Through BlackBuck, Zinka provides essential logistics services like payments, telematics, and vehicle financing to truck operators across India to improve logistics effi

5paisa Research Team || Swiggy, one of the big names in food and grocery delivery in India, has been on a hiring spree, pulling in top talent from e-commerce giants like Flipkart (owned by Walmart) and Amazon. It’s all part of a strategy to fuel its expansion, diversify its revenue streams, and strengthen its position in the rapidly growing quick commerce sector. Over the past year, at least twelve senior execs from these major companies have jumped ship to Swiggy, which is gearing up for a public listing. Recently, Swiggy has brought in som

5paisa Research Team || Our analysts at 5paisa scan through the financial markets and select the few trending stocks in the news and in the limelight for the day. Here is the list of a few trending stocks with their latest News and Updates. Join the club of lakhs of tech-savvy investors! 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-rad

5paisa Research Team || The stock markets have declared a holiday on November 20, 2024 due to the Maharashtra state assembly elections. The National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) announced the holiday in an official circular shortly before last week’s trading session concluded. This will be the third market holiday in November 2024. In a notification released on Friday, November 8, the NSE stated, “The Exchange hereby notifies Wednesday, November 20, 2024, as a trading holiday on account of Assembly Elections in M

5paisa Research Team || Shares of Azad Engineering, a key supplier of high-tech parts for the aerospace and energy sectors, climbed about 2% on November 11. The bump came after news broke about a potential partnership with Baker Hughes to build a precision manufacturing facility in Saudi Arabia. Azad Engineering and Baker Hughes signed a Memorandum of Understanding (MoU) for the collaboration. The signing took place at the local content forum in Riyadh, witnessed by Prince Abdulaziz bin Salman Al Saud, Saudi Arabia’s Energy Minister, and oth

5paisa Research Team || In a landmark achievement for India's mutual fund industry, the monthly SIP inflow has crossed the ₹25,000 crore mark for the first time. Data released by the Association of Mutual Funds in India (AMFI) shows that the total SIP contribution in October 2024 stood at ₹25,323 crore, a significant rise from ₹24,509 crore recorded in September 2024. This achievement marks a strong upward trajectory for SIP inflows, especially considering that monthly SIP contributions were recorded at just ₹16,928 crore in October 2023.

5paisa Research Team || Shriram Multi Sector Rotation Fund – Direct (G) is an investment strategy that involves shifting investments between different sectors of the economy based on their performance during various occasion or the business cycle. The goal is to maximize returns by investing in sectors that are expected to perform well at specific times, and moving out of sectors that may underperform. Details of the NFO: Shriram Multi Sector Rotation Fund – Direct (G) NFO Details Description Fund Name Shri

5paisa Research Team || The Scheme- Motilal Oswal Nifty MidSmall Healthcare Index Fund Direct (G), in general, will hold all the securities that comprise of underline Index in the same proportion as the index. Expectation is that, over a period of time, the tracking error of the Scheme relative to the performance of the Underlying Index will be relatively low. The Investment Manager would monitor the tracking error of the Scheme on an ongoing basis and would seek to minimize tracking error to the maximum extent possible. There can be no as

5paisa Research Team || The Zerodha Gold ETF FoF - Direct (G) is a Fund of Funds (FoF) investment offering from Zerodha that primarily invests in units of Gold Exchange Traded Funds (ETFs). Designed to give investors a convenient way to gain exposure to gold without physically holding it, this scheme is ideal for those looking to diversify their portfolio with a relatively safer asset class. By pooling resources into gold ETFs, the fund aims to mirror gold’s performance, offering a hedge against inflation and a safeguard during market volatilit

5paisa Research Team || Samvardhana Motherson International Ltd. (SAMIL), a leading auto component manufacturer, announced its financial results for the quarter ended September 2024 (Q2 FY25) on November 12. Samvardhana Motherson's consolidated net profit showed remarkable growth, soaring by 222.5% to ₹948.81 crore, compared to ₹294.15 crore during the same period last year. Net profit nearly doubled from the previous quarter, increasing by 95%, from ₹451 crore in Q2 FY24 to ₹880 crore in Q2 FY25. Revenue for the quarter was ₹27,812 crore, mark

5paisa Research Team || FSN E-Commerce Ventures, the company behind the Nykaa brand, reported a consolidated net profit of ₹10.04 crore for the quarter ending September 30, 2024 (Q2FY25), reflecting a 71.6% increase from ₹5.85 crore in the same period last year. On a sequential basis, this net profit rose by 4.1%. Despite the positive earnings report, Nykaa’s share price closed 1.73% lower on Tuesday at ₹179.35 per share on the BSE. Invest in Indian Markets and Unlock Future Potential With 5paisa! Open Account Now .login-warning {

5paisa Research Team || Hyundai Motor India Limited (HMIL) announced its Q2 FY25 financial results for the quarter ended September 30, 2024. The company reported a decline in revenue and profitability, with net profit falling by 16% year-over-year due to lower domestic and export sales. The company's revenue from operations decreased by 7.5% YoY, reflecting challenging market conditions. Hyundai Motors India Q2 Quick Insights Revenue: ₹17,260 crore, down by 7.5% YoY. Net Profit: ₹1,375 crore, decreased by 16% compared to last year.

5paisa Research Team || Hindalco Industries Ltd. announced its financial results for the quarter ended September 30, 2024. In its Q2 results, the company reported a net profit of ₹3,909 crore on Monday, November 11. This marks a 78% increase from ₹2,196 crore in the same quarter last year. The total income rose to ₹59,278 crore, reflecting an 8.5% growth from ₹54,632 crore year-on-year. The company reported a substantial 123% year-on-year (YoY) increase in standalone net profit, reaching ₹1,891 crore, up from ₹847 crore in the same quarter

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