NIFTY Financial News

02.08 / 02:39

NASDAQ DOW NIFTY VIX GIFT Nifty down 25 points; here's what changed for market while you were sleeping

Overall, we expect the market to consolidate in a range with a positive bias as we move further into the earning season," said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a negative startGIFT Nifty on the NSE IX traded 23 points, or 0.12 per cent, lower at 19,779, signaling that Dalal Street was headed for negative start on Wednesday.

02.08 / 01:59

UPS Lowe's Remark NIFTY SENSEX Updates Sensex Today | Share Market Live updates: Sensex, Nifty expect muted start; Gift Nifty trades in red

₹92.85 crore, while DIIs bought securities for a net total of ₹1,035.69 crore.Wall Street took a step back from its big rally so far this year, and most stocks fell Tuesday following a mixed set of earnings reports from U.S. companies.The mood among US investors stayed low as some analysts commented that the US stock market has moved up too quickly. While inflation has indeed come down since the summer and the economy has remained remarkably resilient, critics say it’s no guarantee inflation will continue to cool at the same rate.Wall Street took a step back from its big rally so far this year, and most stocks fell Tuesday following a mixed set of earnings reports from U.S.

02.08 / 01:59

NASDAQ Manufacturing NIFTY Fitch Nikkei KOSPI Indian Gift Nifty, global markets to US credit rating downgrade - key triggers for Indian stock market today

Read here: Fitch cuts US credit rating to AA after debt limit standoffs Meanwhile, a report from the Institute for Supply Management said that in July manufacturing contracted at a slightly worse pace than economists expected, but not as badly as it did in June. A separate report from S&P Global also said US manufacturing is continuing to decline. In Japan, the Nikkei 225 declined 1.48%, while the Topix fell 1.11%.

02.08 / 01:27

UPS Target AXY Manufacturing NIFTY SENSEX Day trading guide for today: Six buy or sell stocks for Wednesday —August 2

Day trading guide for today: Domestic equity benchmarks Sensex and Nifty ended lower during Tuesday’s session on profit-booking select heavyweights, including Reliance Industries, Power Grid, State Bank of India, and ICICI Bank amid mixed global cues. Sensex remained volatile throughout the session and closed 68 points, or 0.10 per cent, lower at 66,459.31 while Nifty closed the day with a loss of 20 points, or 0.10 per cent, at 19,733.55. The BSE Midcpap index underperformed the benchmark Sensex, falling 0.23 per cent.

02.08 / 01:23

UPS Provident Booking Aviat Airlines NIFTY profit booking Britannia hit by profit booking on rural headwinds

Britannia Industries have weakened of late as concerns over rural sales growth and troubles at group company Go First Airlines weighed down investor sentiment. The stock fell 4.2% in the past month to ₹4,818 on Tuesday as against the 0.6% advance in the Nifty FMCG Index. «There is an apprehension that sales may be impacted with slower recovery in rural areas than expected,» said Nirvi Ashar, fundamental research analyst at Religare Broking.

01.08 / 17:53

Target NIFTY VIX performer Buy or sell: Vaishali Parekh recommends three stocks to buy today — 02nd August

Nifty both closed with minor losses of 0.1 per cent each. However, Nifty Midcap and Nifty Smallcap registered gains, closing higher by 0.03 per cent and 0.68 per cent respectively. Among the top gainers were Nifty IT, Nifty Metal, and Nifty Pharma, while Nifty Realty, Nifty PSU Bank, and Nifty FMCG were among the top losers.

01.08 / 17:09

UPS NIFTY small-cap These small-cap stocks will be in focus for tomorrow! Do you own?

Coal India, NTPC, Tech Mahindra, HCL Tech, and LTI Mindtree were the top gainers. PowerGrid, Hero MotoCorp, Apollo Hospitals, Adani Ports, and Bajaj Finserv, on the other hand, were the top laggards in the Nifty basket. Veranda learning solutions: The publicly-listed education firm (BSE: 543514, NSE: VERANDA) recently revealed that it has entered into a share purchase agreement on May 22, 2023, to collaborate with BAssure Solutions.

01.08 / 17:09

Booking Manufacturing Compilation Enterprise NIFTY SENSEX Piramal Enterprises, 2 others placed under F&O ban on NSE for August 2; check details

Piramal Enterprises, Hindustan Copper, and Indiabulls Housing Finance are the tow stocks that are a part of the F&O ban list by the stock exchange for Wednesday. The NSE updates the list of securities in F&O ban for trade everyday. The derivative contracts in the mentioned securities have crossed 95 per cent of the market-wide position limit and have been currently put in the ban period by the stock exchange, said NSE.

01.08 / 16:31

COST NIFTY foreign Fed rate hike Fed rate hike rattles foreign investors with leveraged bets

MUMBAI : The hike in a benchmark interest rate by the US Federal Reserve seems to have spooked Foreign Portfolio Investors (FPIs) who were punting and hedging on Indian index derivatives near record high levels. From holding most bullish positions in index futures (Nifty and Bank Nifty) contracts in four years last month, FPIs sharply cut their positions to a fraction after last Wednesday’s rate hike by the Fed. Their squaring off of leveraged bets was largely responsible for the Nifty correction from a record high of 19991.85 on 20 July to 19753.8 on 31 July because to close out a long position the FPI has to sell the contract, which adds to the overall selling pressure.

01.08 / 14:40

UPS Booking NIFTY SENSEX VIX performer Support end FIIs sell ₹92.85 crore, DIIs buy 1,035.69 crore shares; step in to support markets, Sensex, Nifty end flat

FIIs) were the net sellers of securities worth of ₹92.85 crore, while domestic institutional investors (DIIs) bought securities for a net total of ₹1,035.69 crore. Domestic equity markets experienced minor losses. The market started positively, but profit booking led to a range bound trading session.

01.08 / 11:39

Booking NIFTY SENSEX Power Top gainers, losers today: Tech Mahindra, NTPC, Bajaj Finserv, Power Grid; check full list

Nifty closed in the red on Tuesday on profit booking in select heavyweights, including Reliance Industries, Power Grid, SBI and ICICI Bank amid mixed global cues. Investors booked some profit in the absence of any fresh trigger.

01.08 / 11:07

UPS NIFTY SENSEX Power Stock market update: Power stocks up as market falls

Jaiprakash Power Ventures(up 9.84%), Orient Green Power Company(up 8.42%), Indo Tech Transformers(up 4.99%), Indowind Energy(up 4.94%), Jyoti Structures(up 4.69%), RTNPOWER(up 4.00%), DPSC(up 3.64%), Power & Instrumentation(Gujarat)(up 3.50%), Reliance Power(up 3.34%) and Tata Power Company(up 3.25%) stood among the top gainers. Power Grid Corporation of India(down 5.36%), Karma Energy(down 3.75%), Adani Transmissions(down 2.04%), Gujarat Industries Power(down 1.46%), Inox wind(down 1.37%), KEC International(down 1.34%), CESC(down 1.28%), GE Power India Limited(down 1.17%), Alstom T&D India(down 0.87%) and Kalpataru Projects International(down 0.71%) were among the top losers of the day.

01.08 / 10:49

UPS Booking NIFTY SENSEX end profit booking Market Wrap: Sensex, Nifty end in the red on profit booking; IT stocks buck the trend

Reliance Industries, Power Grid, SBI and ICICI Bank amid mixed global cues. Investors booked some profit in the absence of any fresh trigger. The domestic market is trading at a premium valuation.

01.08 / 08:45

UPS Target NIFTY track Akshay Bhagwat picks 2 stocks to buy now; sees quiet August series

Akshay Bhagwat, Senior Vice-President, Derivatives Research, JM Financial Services, says that on the Nifty, 19,600 is the key level to keep a track of if one is looking from a short-term trend deciding level for the market. Till this level is held, the market should trade in a range – 19,600 on the lower end and 19,850 on the upper end. Till 19,600 is intact, there is no problem with the trend.

01.08 / 08:45

UPS Lowe's NIFTY SENSEX SBI Card shares rise 2.06% as Nifty gains

SBI Cards and Payment Services Ltd. traded 2.06 per cent up at Rs 872.3 on Tuesday at around 01:39PM (IST), while the benchmark BSE Sensex advanced 31.29 points to 66558.96. As many as 24,265 shares changed hands on the counter with a total value of Rs 209.0 crore.

01.08 / 07:48

UPS FIVE ETF Manufacturing HSBC NIFTY Mutual fund houses launches 36 active, 30 passive NFOs in 2023

The thematic funds — other category had around 10 new fund offers during January to July 2023. The new schemes were from business cycle, innovation fund, defence, active momentum, non-cyclical consumer, quant, manufacturing, and transportation and logistics theme. The multi cap category had five new fund offers in the first seven months of 2023. Mutual fund houses such as HSBC Mutual Fund, Mirae Asset Mutual Fund, Tata Mutual Fund, Bank of India Mutual Fund, and Canara Robeco Mutual Fund came up with new fund offerings of multi cap schemes.

01.08 / 07:48

UPS NIFTY SENSEX For risk takers: 5 midcap stocks from different sectors with score improvement and potential upside of up to 31%

While consolidation at the level of Nifty and Sensex is taking place, bulls are taking control of more sectors. Even the internal breadth of sectoral indices are on the positive side on most of the day.

01.08 / 07:47

Lowe's NIFTY SENSEX Drop Havells India shares drop 0.63% as Sensex falls

Havells India Ltd. traded 0.63 per cent lower in Tuesday's session at 01:03PM (IST).

01.08 / 07:47

UPS NIFTY IRCTC shares up 0.47% as Nifty drops

On the technical charts, the 200-DMA of the stock stood at Rs 649.73, while the 50-DMA was at Rs 634.92. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.

01.08 / 07:34

UPS Lowe's Aviat NIFTY fall Shares of InterGlobe fall as Nifty drops

InterGlobe Aviation Ltd. slipped 1.53 per cent to Rs 2554.55 in Tuesday's trade as of 12:48PM (IST). It hit a high of Rs 2608.0 and low of Rs 2551.6 during the session.

01.08 / 06:55

Provident ETF Action Strategy NIFTY Accumulate quality stocks; overweight on banks, financials, real estate: Gaurav Dua of Sharekhan by BNP Paribas

Gaurav Dua, Senior VP & Head of Capital Market Strategy at Sharekhan by BNP Paribas believes the second half could be tough for developed economies as the impact of rate hikes starts to reflect on consumer spending, real estate and other key constituents of the economy. In the domestic market, the elections in key states and the run-up to general elections next year could result in some volatility. Markets have touched all-time high levels lately.

NIFTY Financial News

popular questions about NIFTY

What is NIFTY and why is it relevant?

Where can I find the latest updates on NIFTY?

How can I verify the accuracy of information on NIFTY?