NIFTY Financial News

17.07 / 11:03

UPS Target Remark NIFTY Here's why Hindalco and ICICI Bank seem attractive short-term bets

Nifty index's break above the consolidation range of 19,300-19,500 suggests increasing optimism in the market. The resistance at 19,500, which was heavily built by Call writers, has been surpassed on a closing basis. This breakthrough is expected to lead to a significant rally as the Call writers unwind their positions.

17.07 / 10:13

UPS Reuters NIFTY SENSEX end Market Wrap: Sensex, Nifty end at fresh record closing highs; investors richer by over ₹5 lakh crore in a day

Nifty, extended their record-setting spree on Monday (July 17). The domestic market rose despite weak global cues stemming from concerns over an economic slowdown in major economies, particularly after China disclosed its second-quarter growth figures. Both key indices hit fresh record highs in intraday trade and closed the day at new closing highs, showcasing the resilience and strength of the domestic market amidst challenging global circumstances.

17.07 / 09:27

COST UPS Parke NIFTY Systematic Transfer Plan in Mutual Funds: How to use STP for fresh investments now

With the Nifty scaling the 19,500-mark, an all-time high, many individuals may be a bit apprehensive about putting fresh money into equity-related investments. Experts suggest individuals should avoid investing lumpsum and instead stagger their investments through systematic transfer plans (STPs) through mutual funds.

17.07 / 09:27

Assurant NIFTY Returns Best Tax-Saving Funds in 3 years (July 2023): Top 11 ELSS schemes with 28% to 40% SIP returns

Best-performing Tax-Saving (ELSS) Mutual Funds in 3 years (till July 14 2023): There is a wide variance in returns of tax-saving ELSS mutual fund schemes in three years. While the direct plan of the top-performing scheme has given over 40% annualised returns in this duration, some low-performing tax-saving schemes have given less than 20% annualised returns in 3 years.

17.07 / 08:09

IPO Provident Booking NIFTY SENSEX Utkarsh Small Finance Bank IPO: What GMP signals as all eyes set on allotment date

Utkarsh Small Finance Bank IPO: The initial public offering (IPO) of Utkarsh Small Finance Bank opened for bidding on 12th July 2023 and bidding for the book build issue closed on 14th July 2023. In three days of bidding, Utkarsh Small Finance Bank IPO subscription status informs that the public issue has been subscribed 101.91 times whereas its retail portion got subscribed 72.11 times. After strong response by investors, all eyes are now set on Utkarsh Small Finance Bank IPO allotment date, which is most likely on 19th July 2023.

17.07 / 07:49

UPS BLOCK Digital Extreme NIFTY Indian How to plan your investments when Indian equities are more attractive than global peers

The Indian stock market has been one of the best-performing markets in the world over the last 3 months. Over the last 1 year, 3 year, and 5 years, the Nifty 50 has delivered a CAGR of 21.6%, 23%, and 12.4%, respectively. This strong performance has been driven by the confluence of a number of factors.

17.07 / 07:19

UPS Lowe's NIFTY Chola Inv Finance shares up 0.08% as Nifty gains

Cholamandalam Investment & Finance Company Ltd. traded 0.08 per cent up in Monday's trade at 12:24PM (IST). Around 15,302 shares changed hands on the counter.

17.07 / 07:19

Lowe's NIFTY Indian fall Indian Hotels shares fall 0.21% as Nifty gains

Indian Hotels Company Ltd. slipped 0.21 per cent to Rs 388.5 in Monday's trade. It hit a high of Rs 393.9 and low of Rs 388.5 during the session.

17.07 / 06:17

Lowe's Aviat NIFTY fall InterGlobe shares fall 0.14% as Nifty gains

InterGlobe Aviation Ltd. slipped 0.14 per cent to Rs 2656.25 in Monday's trade. It hit a high of Rs 2687.0 and low of Rs 2649.0 during the session.

17.07 / 06:17

UPS Lowe's NIFTY Voltas shares up 0.97% as Nifty gains

Voltas Ltd. gained 0.97 per cent to Rs 762.0 in Monday's trade. It hit a high of Rs 762.25 and low of Rs 752.7 during the session.

17.07 / 06:17

UPS Lowe's NIFTY SENSEX week Stock market update: Stocks that hit 52-week highs on NSE

Airan Ltd., DCM Shriram Ind, Hercules Hoists, Agarwal Corp and Bliss GVS Pharma, hit their fresh 52-week highs at 11:27AM(IST)on NSE. Benchmark NSE Nifty index rose 44.7 points to 19609.2 amid buying in frontline bluechip stocks.

17.07 / 06:17

UPS Lowe's NIFTY Ambuja Cements shares up 0.14% as Nifty gains

Ambuja Cements Ltd. traded 0.14 per cent up in Monday's trade at 11:22AM (IST). Around 63,588 shares changed hands on the counter.

17.07 / 05:47

Digital Booking Software NIFTY TCS IT stocks having their own Chandrayaan-3 moment. Did you miss the fineprint in Q1 results?

IT stocks suddenly rocketed into a higher orbit like Chandrayaan-3 on Friday in their biggest single-day jump since September 2020. All this despite the Q1 headline numbers of TCS, HCL Tech and Wipro had little or nothing to boast about. While TCS' June quarter numbers did not lead to upgrades, HCL Tech's figures were an all-round miss and Wipro's weak guidance drew bearish comments.

17.07 / 05:47

UPS Lowe's NIFTY Power share price Share price of Tata Power rises as Nifty strengthens

Tata Power Company Ltd. gained 1.16 per cent to Rs 223.65 in Monday's trade as of 11:01AM (IST).

17.07 / 05:47

UPS Lowe's NIFTY SENSEX Sensex rises! But these stocks are down 5% or more on BSE

On the BSE, Nexus Commoditie(down 19.90 per cent), Pasari Spinning(down 16.17 per cent), Ishaan Infrastru(down 13.45 per cent), Transvoy Logistics(down 11.43 per cent) and Minaxi Textiles(down 10.26 per cent) were among the stocks that plunged over 5 per cent during the session. In the Nifty pack, 36 stocks traded in the green, while 14 stocks traded in the red.

17.07 / 05:47

UPS AXY NIFTY index Stock market update: Nifty Bank index falls 0.07% in an upbeat market

Federal Bank(up 1.93 per cent), State Bank of India(up 0.68 per cent), Punjab National Bank(up 0.49 per cent), Kotak Mahindra Bank(up 0.47 per cent) and IndusInd Bank(up 0.15 per cent) were among the top gainers. Bandhan Bank(down 2.59 per cent), IDFCBANK(down 0.85 per cent), Bank of Baroda(down 0.53 per cent), ICICI Bank(down 0.46 per cent) and Axis Bank(down 0.43 per cent) were the top losers on the index.

17.07 / 05:11

Citi COMPOSITE NIFTY SENSEX KOSPI Asian stocks Asian stocks muted, Chinese shares slide on weak GDP

Investing.com-- Most Asian stocks moved in a flat-to-low range on Monday, while Chinese markets fell sharply after data showed that economic growth in the country slowed substantially through the second quarter.

17.07 / 04:21

UPS Target NIFTY SENSEX VIX Stocks to buy today: Infosys, ICICI Bank among top 8 trading ideas for 17 July 2023

The 30-share BSE Sensex jumped 502 points to settle at its new all-time closing high of 66,060, while the broader Nifty went up by 150 points to end at a new record peak of 19,564 on Friday. India VIX was down by 2.33% from 10.93 to 10.68 levels on Friday.

17.07 / 04:01

COST UPS NIFTY SENSEX etmarkets ETMarkets Smart Talk: 2H2023 will be driven by how earnings pan out: Ruchit Mehta

“We expect equity returns to be modest as earnings growth will get eaten away by moderation in valuations. 2H2023 will be driven by how earnings are panning out,” says Ruchit Mehta, CFA, Head of Research at SBI Mutual Fund. In an interview with ETMarkets, Mehta said: “There has been a marginal uptick in valuations of the Nifty with the recent rally. The Nifty was trading around the 17-18x range in December 2022 and currently is at the 18-19x range” Edited excerpts: Sensex hit record highs while Nifty was above 19500 levels. How do you see the Indian market performing for the rest of 2023? We have been cautious on equity markets, primarily because of the high valuations.

17.07 / 03:53

NIFTY SENSEX Rupee opens marginally higher at 82.14 against the US dollar

Crude oil prices fell after major Libyan fields resumed output, supporting the rupee. Brent crude futures declined 0.89% to $79.16 per barrel, while US West Texas Intermediate crude futures fell 0.86% to $74.77.

17.07 / 03:49

UPS Target NIFTY SENSEX Support Nifty predictions July 17: Next upside target seen at 19,800; Support for Bank Nifty at 44,700

Indian market is likely to open on a cautious note on Monday following weakness in Asian peers after key economic data from China, while corporate earnings also dictate the sentiment. The trends on Gift Nifty indicate a higher start for the Indian benchmark indices. The Gift Nifty was trading at 19,629 as compared to Nifty’s Friday’s close of 19,564.50.

NIFTY Financial News

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