Stock Market News

5paisa Research Team || Oil prices remain close to a two-week high, supported by rising tensions between Western countries and key oil producers, Russia and Iran. Although prices dipped slightly on Monday after big gains last week, the market is still nervous about possible supply disruptions. 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 || 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

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 || Enviro Infra Engineers' initial public offering (IPO) has received strong investor interest over the two-day period. The IPO witnessed robust growth in demand, with subscription rates improving from 2.09 times on day one to 4.39 times by 10:55 AM on day two. Enviro Infra Engineers IPO, which opened on 22nd November 2024, has seen enthusiastic participation across categories. The Non-Institutional Investors segment has shown exceptional interest, reaching 9.70 times subscription, while the Employee portion demonstrated

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 || The DSP Business Cycle Fund Direct (G) is an open-ended equity thematic fund launched on November 27, 2024, with a minimum investment of ₹100. Managed by Charanjit Singh, the scheme aims to provide long term capital appreciation by dynamically allocating investments across sectors, themes, and stocks at various stages of the business cycle. With a very high risk profile and a benchmark of NIFTY 500 TRI, the fund charges a 0.5% exit load for redemptions within 10 months and offers both growth and IDCW plans. In

5paisa Research Team || This report offers an in-depth analysis of the performance of recently listed IPOs, focusing on stock price trends during the first ten days post-listing. It delves into quarterly results and evaluates sectoral performance to provide investors with valuable insights into the market dynamics of these new entrants. Additionally, the analysis highlights the key factors influencing their stock price movements and overall performance. IPO Stock Performance Overview In the past ten days, newly listed IPOs such as Swiggy,

5paisa Research Team || Kosamattam Finance Limited, a non-deposit-taking NBFC (non-banking financial company) that specializes in gold loans, has been known to periodically roll out Non-Convertible Debentures (NCDs) with appealing interest rates. For example, in July 2024, the company introduced secured NCDs offering interest rates of up to 10.25% per year, with yields reaching as high as 10.75%. These came with flexible tenure options ranging from 18 months to 7 years. Invest in Indian Markets and Unlock Future Potential With 5paisa

5paisa Research Team || Union Active Momentum Fund Direct (G) is an open-ended thematic equity scheme launched by Union Mutual Fund, aiming to generate long-term capital appreciation by investing in stocks exhibiting strong momentum. The fund leverages a proprietary momentum model to identify and invest in stocks showing superior price trends. Managed by experienced fund managers, this scheme offers growth and IDCW plans with a minimum investment of ₹1,000. Benchmarking against NIFTY 500 TRI, the fund actively adjusts its portfolio to capitaliz

5paisa Research Team || The Aditya Birla Sun Life Conglomerate Fund - Direct (G) is an open-ended equity mutual fund scheme that primarily invests in equity and equity-related instruments of large Indian conglomerates. The fund aims to generate long-term capital appreciation by leveraging the growth potential of well-established and diversified businesses across sectors. Invest in Indian Markets and Unlock Future Potential With 5paisa! Open Account Now Details of the NFO: Aditya Birla Sun Life Conglomerate Fund - Direct (G)

5paisa Research Team || Quantum Ethical Fund - Direct (G) is an innovative investment initiative designed to align financial growth with ethical and sustainable principles. Leveraging advanced quantum computing technologies, the fund employs sophisticated data analysis and predictive modeling to identify high-potential investment opportunities in companies and projects committed to environmental, social, and governance (ESG) criteria. By integrating cutting-edge technology with a steadfast commitment to ethical investing, Quantum Ethical Fund -

5paisa Research Team || Groww Multicap Fund - Direct (G) is a diversified equity mutual fund that invests across large-cap, mid-cap, and small-cap companies. It aims to capture growth opportunities in companies of varying market capitalizations and sectors, providing investors with a balanced portfolio. The fund's strategy leverages the potential of established large-cap companies for stability, while mid-cap and small-cap investments offer opportunities for higher growth. Designed for long-term capital appreciation, this fund is suitable for i

5paisa Research Team || Kotak Transportation & Logistics Fund - Direct (G) is designed for investors seeking long-term capital appreciation by leveraging the performance of the Nifty Transportation & Logistics Total Return Index (TRI). With its diversified portfolio, the fund offers potential for steady returns while aligning with India's expanding infrastructure landscape. Invest in Indian Markets and Unlock Future Potential With 5paisa! Open Account Now .login-warning { display: flex; flex-wrap: wrap;

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