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 || Mangal Compusolution IPO has closed with an exceptional response from investors, achieving a remarkable subscription of 34.59 times by 14th November 2024 at 5:21:07 PM (Day 3). The public issue witnessed overwhelming demand across categories. The Retail Investors segment led with an impressive 46.91 times subscription. The Non-Institutional Investors (NII) category showed strong interest with 22.28 times subscription. The Market Maker portion was fully subscribed. This fixed price issue has received a total of 37,190

5paisa Research Team || Mangal Compusolution's initial public offering (IPO) has received overwhelming investor interest over the three-day period. The IPO witnessed strong growth in demand, with subscription rates growing from 2.65 times on day one, to 7.87 times on day two, and reaching an impressive 12.38 times by 11:37 AM on the final day. Mangal Compusolution IPO, opened on 12th November 2024 and has seen enthusiastic participation across categories. The Retail Investors segment has shown exceptional interest, reaching 20.67 times subsc

5paisa Research Team || C2C Advanced Systems Limited, a defence electronics solutions provider, has opened an opportunity for investment with its Initial Public Offering (IPO) totalling ₹99.07 crores. C2C Advanced Systems IPO consists entirely of a fresh issue of 43.84 lakh shares in a book-built format. As a key player in India’s defence electronics space, C2C Advanced Systems offers specialised products like C4I systems, AI/ML-based big data analytics, and anti-drone command systems. The proceeds from the C2C Advanced Systems IPO will be used

5paisa Research Team || Lamosaic India Limited, founded in January 2020, has opened an IPO opportunity for investors looking to enter India’s growing building materials sector. Lamosaic India IPO consists of a fresh issue of 30.6 lakh shares, raising ₹61.20 crores. Known for its range of products, including flush doors, decorative laminates, and acrylic sheets, Lamosaic India has recently diversified into manufacturing with a new facility in Mumbai. The funds from Lamosaic India IPO will help the company repay borrowings, meet working capital r

5paisa Research Team || The National Stock Exchange (NSE) is set to add 45 new stocks to its futures and options segment, effective November 29th. This expansion includes prominent names such as Zomato, DMart, and Jio Financial. "Members are advised to note that based on the stock selection criteria as prescribed by SEBI vide circular no. SEBI/HO/MRD/MRD-PoD-2/P/CIR/2024/116 dated August 30, 2024 and approval received from SEBI, members are hereby notified that the futures and options contracts on following 45 additional securities would be

5paisa Research Team || The Nippon India Nifty Realty Index Fund Direct (G), subject to monitoring mistakes, the scheme's investment goal is to provide returns that are consistent with the total returns of the securities as represented by the Nifty Realty Index before expenses. The Nifty Realty TRI will serve as the scheme's benchmark. The plan will invest 95–100% of its funds in securities that make up the Nifty Realty Index and 0–5% in cash and cash equivalents, money market instruments, and/or funds that invest primarily in liquid or money m

5paisa Research Team || Shares of Swiggy, the popular online food delivery and quick commerce platform, made an impressive debut on the stock exchanges on November 13, 2024, as they surged by approximately 19% following a modest listing. Shares of Swiggy surged as much as 19.44% on the NSE, reaching a day’s high of ₹465.80 on Wednesday, November 13, after a modest debut in the morning. The company’s initial public offering (IPO) saw its shares listed at ₹420 per share on the National Stock Exchange (NSE), a premium of 7.69% over the IPO

5paisa Research Team || Kalyan Jewellers Ltd. reported its financial results for the quarter ending September 2024, showing a decline in net profit despite strong revenue growth. The company posted a net profit of ₹130 crore, down 3.3% from ₹134.8 crore in the same quarter last year. A key factor behind the decline was a one-time loss of ₹69 crore, resulting from a reduction in customs duty in India during the quarter. Revenue surged by 37.5%, reaching ₹6,091.5 crore, up from ₹4,427.6 crore in the previous year. Additionally, EBITDA rose by 4.3

5paisa Research Team || The Tata India Innovation Fund - Direct (G) is an open-ended equity scheme focused on investing in innovative companies across sectors in India. This fund targets businesses that are at the forefront of innovation, whether through new technologies, processes, or unique product offerings. By identifying and investing in forward-thinking companies with strong growth potential, the fund aims to capitalize on the advancements driving India’s economic progress. It is suitable for investors with a high-risk tolerance and a lon

5paisa Research Team || The UTI Nifty Midcap 150 Index Fund - Direct (G) is an open-ended equity index fund that aims to replicate the performance of the Nifty Midcap 150 Index. This index covers a diverse range of mid-sized companies across various sectors, offering investors exposure to the midcap segment of the Indian equity market. By focusing on midcap stocks, the fund seeks to capture the growth potential of emerging companies that are positioned for expansion but may come with moderate volatility. Suitable for investors with a higher ris

5paisa Research Team || The UTI Nifty Alpha Low-Volatility 30 Index Fund is a passively managed index fund designed to track the performance of the Nifty Alpha Low-Volatility 30 Index. The fund's objective is to mirror the total returns of this index while minimizing tracking error, thus offering investors a low-cost approach to gain exposure to a diversified mix of stocks within the index. The fund invests primarily in securities within the underlying index, with potential allocations to money market instruments and derivatives for managing li

5paisa Research Team || Samco Arbitrage Fund – Direct (G) is an equity-oriented mutual fund designed to generate capital appreciation and income by primarily investing in arbitrage opportunities in both the cash and derivative segments of the equity markets. The scheme also allocates a portion of its funds to debt and money market instruments for added stability. Arbitrage, in simple terms, involves simultaneously buying and selling the same security or its derivatives in different market segments to capitalize on price discrepancies, ensuring

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.

5paisa Research Team || Eicher Motors announced a consolidated net profit of ₹1,100.33 crore for the quarter ending September 2024 (Q2FY25), showing an 8.27% increase from ₹1,016.25 crore in the same quarter of the previous year (Q2FY24). However, the profit saw a slight dip compared to ₹1,101.46 crore in the previous quarter. On Wednesday, Eicher Motors' stock closed 3.15% lower at ₹4,589.10 per share on the BSE. Eicher Motors Q2 Results Highlights • Revenue: Up by 3.8% at ₹4,186.38 crore. • Net Profit: 8.27% increase of ₹1,100.33 crore

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

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