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 || BlackBuck IPO saw a significant anchor allocation response, with 44.97% of the total IPO size subscribed by anchor investors. Out of 40,834,701 shares on offer, anchors picked up 18,363,915 shares, demonstrating strong market confidence. The anchor allocation details were reported to the stock exchanges on 12th November 2024, just ahead of the IPO opening on 13th November 2024. The book-built issue of ₹1,114.72 crores comprises a fresh issue of 20,146,520 shares aggregating to ₹550.00 crores and an offer for sale of 2

5paisa Research Team || NTPC Green Energy Limited, a renewable energy subsidiary of NTPC Limited, opens an investment opportunity with its initial public offering (IPO) totalling ₹10,000 crores. NTPC Green Energy IPO consists entirely of a fresh issue of 92.59 crore shares aimed at bolstering NTPC Green’s role in India's renewable sector, providing clean energy solutions through solar and wind projects. The proceeds from NTPC Green Energy IPO will support the company’s debt repayment and general corporate purposes, positioning NTPC Green as a k

5paisa Research Team || BlackBuck's initial public offering (IPO) has received moderate investor interest on its opening day. The IPO witnessed cautious demand, resulting in a 0.05 times subscription by 11:25 AM on day one. This initial response indicates measured investor sentiment towards BlackBuck's shares at the start of the subscription period. BlackBuck IPO, which opened on 13th November 2024, has seen varied participation across categories. The Employee segment has shown strong interest reaching 1.78 times subscription, while Retail I

5paisa Research Team || ACME Solar Holdings Limited, established in June 2015 and ranking among India's largest renewable energy producers with 1,320 MW operational capacity, made a disappointing debut on the Indian stock market on Wednesday, 13th November 2024, with its shares listing at a significant discount on both BSE and NSE. The company, which specializes in development and operation of large-scale renewable energy projects, entered the public markets with a substantial contracted project pipeline of 1,650 MW. Listing Details Li

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 || On November 13, the NSE Nifty 50 index officially entered "correction" territory, sliding over 10% from its peak of 26,277.35 reached on September 27, 2024. As afternoon trading progressed, the Nifty fell by 374 points, touching a low of 23,509.6—a 1.6% drop from the previous close. Meanwhile, the BSE Sensex took a hit as well, sinking more than 1,100 points to reach 77,533.3 at its lowest point of the day. This marks the fifth consecutive day of losses for these indices, as persistent selling by foreign institutio

5paisa Research Team || On November 13, Ashoka Buildcon's stock saw an impressive 8% jump, reaching ₹240 per share. The company caught investors' attention after posting strong results for the July-September quarter. Ashoka Buildcon, a major player in highway development, reported a remarkable fourfold increase in net profit, reaching ₹462 crore in Q2FY25, compared to ₹106 crore during the same period last year. Revenue also climbed, growing 15.5% year-over-year to ₹2,489 crore. The company’s operating performance was also impressive, wit

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 || 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

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 {

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