NIFTY Financial News

₹436.45 apiece, and have gained 34% so far in 2023, sharply outperforming the nearly 9% rise in the Nifty 50 index. Recall that the stock had already seen a strong rally in 2022. In the June quarter (Q1FY24), IHCL’s occupancy and ARR for its domestic business stood at 67.1% and ₹9,128, respectively.

Is there a simple way to invest in Nifty Next 100 and Nifty Microcap 250 companies? Please suggest some ETFs (exchange traded funds) or mutual funds investing in these indexes. —V Muralidhar Naidu At present, there are prominent ETFs offered by mutual funds that invest passively in Nifty Next 50 Index, which are Nifty 100 companies after excluding the top-50 companies in terms of market capitalization (Nifty 50 companies). While you plan to invest in companies beyond the top 100 then you can consider investing in Nifty Mid Cap 150 ETFs where the investment is done in companies ranked 101-250 based in terms of market capitalization (m-cap).

₹9,005.65 crore of Indian equities, while they sold ₹9,764.20 crore --- resulting in an outflow of ₹758.55 crore. Meanwhile, DIIs infused ₹7,203.95 crore and offloaded ₹7,175.84 crore, registering an inflow of ₹28.11 crore. Domestic equity benchmarks Sensex and Nifty settled at a more than one-month high on Thursday, led by gains in banks and power stocks, with a technical breakout lending support - even as global cues were weak amid concerns over higher interest rates for an extended period.

Shares of Natco Pharma Ltd.(up 2.11 per cent), Granules India Ltd.(up 1.7 per cent), Dr. Reddy's Laboratories Ltd.(up 0.57 per cent), Gland Pharma Ltd.(up 0.47 per cent) and Glenmark Pharmaceuticals Ltd.(up 0.11 per cent) ended the day as top gainers in the pack. On the other hand, Torrent Pharmaceuticals Ltd.(down 1.58 per cent), Sun Pharmaceutical Industries Ltd.(down 0.81 per cent), Biocon Ltd.(down 0.66 per cent), Cipla Ltd.(down 0.59 per cent) and Zydus Lifesciences Ltd.(down 0.53 per cent) finished as the top losers of the day. The Nifty Pharma index closed 0.32 per cent down at 15306.15. Benchmark NSE Nifty50 index ended up 116.0 points at 19727.05, while the BSE Sensex stood up 385.04 points at 66265.56. Among the 50 stocks in the Nifty index, 33 ended in the green, while 17 closed in the red. Shares of JP Power, Vodafone Idea, YES Bank, Indian Railway Fin and Suzlon Energy were among the most traded shares on the NSE. Shares of Cochin Shipyard, Usha Martin, GTL Ltd, Responsive Ind.

The NSE Nifty index closed 116.0 points up at 19727.05, while BSE Sensex ended up 385.04 points at 66265.56. On the other hand, Tata Consumer Products Ltd.(down 2.30 per cent), Britannia Industries Ltd.(down 0.84 per cent), Sun Pharmaceutical Industries Ltd.(down 0.81 per cent), Infosys Ltd.(down 0.76 per cent) and Mahindra & Mahindra Ltd.(down 0.71 per cent) were among the top losers of the day.

On the BSE, Ind-Swift Labs(down 19.85 per cent), Escorp Asset Manage(down 10.00 per cent), Kaarya Facilities(down 9.93 per cent), Billwin Industries L(down 9.82 per cent) and Indian Card Clothing(down 8.25 per cent) stood among the top losers in today's trade. In the Nifty pack, 33 stocks closed in the green, while 17 stocks ended in the red. The index closed 116.0 points up at 19727.05. On the BSE, Continental Sec, Ambassador Intra, Toyam Industries, Shoora Designs and Natura Hue Chem hit their fresh 52-week lows, while L P Navel Engg, Cochin Shipyard, Usha Martin, Adishakti Loha and Shree Karthik touched their fresh 52-week highs in today's trade.

Domestic benchmark index NSE Nifty ended 116.0 points up at 19727.05, while the BSE Sensex closed 385.04 points up at 66265.56. On the other hand, Cochin Shipyard, Usha Martin, GTL Ltd, Responsive Ind.

Shares of Tech Mahindra Ltd.(up 1.62 per cent), HCL Technologies Ltd.(up 1.46 per cent), LTIMindtree Ltd.(up 1.45 per cent), Wipro Ltd.(up 0.82 per cent) and Tata Consultancy Services Ltd.(up 0.73 per cent) ended the day as top gainers in the pack. On the other hand, Infosys Ltd.(down 0.76 per cent), Persistent Systems Ltd.(down 0.29 per cent), MphasiS Ltd.(down 0.29 per cent) and Coforge Ltd.(down 0.27 per cent) finished as the top losers of the day. The Nifty IT index closed 0.42 per cent up at 32448.35. Benchmark NSE Nifty50 index ended up 116.0 points at 19727.05, while the BSE Sensex stood up 385.04 points at 66265.56. Among the 50 stocks in the Nifty index, 33 ended in the green, while 17 closed in the red. Shares of JP Power, Vodafone Idea, YES Bank, Indian Railway Fin and Suzlon Energy were among the most traded shares on the NSE. Shares of Cochin Shipyard, Usha Martin, GTL Ltd, Responsive Ind.

Nifty settled higher for the fifth consecutive session on Thursday, September 7, supported by gains in select heavyweights, including Larsen & Toubro, HDFC Bank, and ICICI Bank, even as global cues were weak amid concerns over higher interest rates for an extended period. In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong ended lower. European markets were trading in the green in early deals.

Shares of Macrotech Developers Ltd.(up 2.9 per cent), Sobha Ltd.(up 2.4 per cent), DLF Ltd.(up 2.26 per cent), Brigade Enterprises Ltd.(up 1.72 per cent) and Indiabulls Real Estate Ltd.(up 1.32 per cent) ended the day as top gainers in the pack. On the other hand, Prestige Estates Projects Ltd.(down 0.26 per cent) finished as the top losers of the day. The Nifty Realty index closed 1.48 per cent up at 579.1. Benchmark NSE Nifty50 index ended up 116.0 points at 19727.05, while the BSE Sensex stood up 385.04 points at 66265.56. Among the 50 stocks in the Nifty index, 33 ended in the green, while 17 closed in the red. Shares of JP Power, Vodafone Idea, YES Bank, Indian Railway Fin and Suzlon Energy were among the most traded shares on the NSE. Shares of Cochin Shipyard, Usha Martin, GTL Ltd, Responsive Ind.

Benchmark NSE Nifty closed 116.0 points up at 19727.05 amid buying in frontline bluechip counters. However, stocks such as Penta Gold, Bombay Metrics Suppl, Redtape L, Atam Valves and Pyramid Technoplast, touched their fresh 52-week lows. Overall, 33 shares ended in the green in Nifty50 index, while 17 closed in the red. In the Nifty 50 index, Coal India Ltd, L&T, IndusInd Bank, SBI Life and Tech Mahindra were among top gainers during the day, while Tata Consumer, Britannia, Sun Pharma, Infosys and M&M ended in the red. The BSE Sensex closed 385.04 points up at 66265.56. Traders piled up positions in Mining, Term Lending Institutions, Glass, Construction and Telecommunications sectors, while selling was witnessed in Banks, Irrigation & Allied Services, Fertilisers, Building Materials and Metals — Ferrous sectors during the day.

Golden Crossover is, why it's essential to assess stock movements based on it, and highlight 10 stocks from the pack that have experienced this pattern. The Golden Crossover is a technical analysis pattern used by traders and investors to gauge the momentum and potential future performance of a stock. It occurs when a stock's 50-day Simple Moving Average (SMA) crosses above its 200-day SMA. To put it simply, it signifies a shift from short-term weakness to long-term strength, and it can serve as a bullish signal for traders. Now, let's take a closer look at 10 Nifty stocks that have recently witnessed the Golden Crossover, along with their current 50-day and 200-day SMAs: 1) Hindalco Industries Ltd.

Jio Financial Services shares were trading flat at Rs 254 in Thursday's trade after the stock was excluded from Nifty and other NSE indices. However, in today's intraday trade, the stock rallied up to 2% to Rs 257. Earlier, NSE Indices said in a release that Jio Financial Services will exit Nifty 50 and other indices of the NSE effective from September 7.

Macrotech Developers shares have rallied nearly 60%, Prestige Estates Projects jumped over 58%, DLF shares surged 48%, Godrej Properties up over 41% and The Phoenix Mills soared 36%. Among other Nifty Realty constituents, Brigade Enterprises, Indiabulls Real Estate, Oberoi Realty and Sunteck Realty are up in the range of 25%-35% in the last six months.

Midcap 250 Index Fund and the Zerodha Nifty Large Midcap 250 Index Fund (ZN250), in accordance with its mandate to establish passive schemes. In September 2021, the Competition Commission of India (CCI) gave its approval to stock and mutual funds platform Groww's parent Nextbillion Technology Pvt Ltd's to acquire Indiabulls Asset Management Company (AMC) and Indiabulls Trustee Company.

While the nifty might be correcting for the last six weeks, the strength of the ongoing rally in the market is clear from the fact market breadth in all the segments of the market was largely positive. That is, more stocks were rising then falling and this story is getting weaved across all sectors.

auto stocks, whose fortunes will be aligned with the performance of the companies during this period, have come under the spotlight. Top brokerages along with analysts that ETMarkets spoke to remain gung ho on the prospects of the sector. A look at the Nifty Auto index’s performance over the past one year suggests that it has done better than Nifty50 and also outperformed Nifty IT, Nifty Bank, Nifty FMCG, Nifty Metal and Nifty Media during this period while underperforming Nifty Pharma and Nifty Realty. https://datawrapper.dwcdn.net/fER2n/2/" scrolling=«no» frameborder=«0» style=«border: none;» width=«600» height=«478» data-external=«1»> Kranthi Bathini, Director-Equity Strategy at WealthMills Securities opines that the outperformance of the auto sector will likely continue going ahead in the wake of the upcoming festive season. The strength in the economy, disposable income and the growing preference for big cars will see the auto industry sail comfortably through the season, Bathini said. The auto sales have been strong on a year-on-year and quarter-on-quarter basis with traction for sports utility vehicles (SUVs) growing among vehicle buyers, he said, while highlighting that the future is EVs (electric vehicles) and India is witnessing a transformational shift towards them. The WealthMills Securities Director remains bullish on Tata Motors, Mahindra & Mahindra and Maruti Suzuki among the OEMs while he is betting on Minda Corporation and Samvardhana Motherson International among the ancillaries.

Punjab National Bank(up 1.59 per cent), Federal Bank Ltd.(up 1.25 per cent), State Bank of India(up 0.65 per cent), Au Small Finance Bank Ltd.(up 0.5 per cent) and ICICI Bank Ltd.(up 0.39 per cent) were among the top gainers. IDFC First Bank Ltd.(down 0.66 per cent) were the top losers on the index. The Nifty Bank index was up 0.23 per cent at 44512.75 at the time of writing this report. Benchmark NSE Nifty50 index was up 7.45 points at 19618.5, while the BSE Sensex was up 19.25 points at 65899.77. Among the 50 stocks in the Nifty index, 26 were trading in the green, while 24 were in the red. Shares of JP Power, Indian Railway Fin, Vodafone Idea, YES Bank and Reliance Power were among the most traded shares on the NSE. Shares of Responsive Ind., Cochin Shipyard, Usha Martin, TVS Supply Chain Sol and GRSE hit their fresh 52-week highs in today's trade, while Bombay Metrics Suppl, Penta Gold, Redtape L, Sanco Industries and Pyramid Technoplast hit fresh 52-week lows in trade.

On the BSE, Ind-Swift Labs(down 15.80 per cent), Mukta Agriculture(down 13.00 per cent), Unitech Intnl(down 11.04 per cent), Promax Power(down 10.00 per cent) and Filtra Consultants &(down 9.62 per cent) were among the stocks that plunged over 5 per cent during the session. In the Nifty pack, 23 stocks traded in the green, while 26 stocks traded in the red. The Nifty index was trading 15.65 points up at 19626.7. On the BSE, Continental Sec, Shoora Designs, Colorchips New Media, Redtape L and Atal Realtech hit their fresh 52-week lows, while Adishakti Loha, Shree Karthik, Responsive Ind., Usha Martin and Cochin Shipyard touched their fresh 52-week highs.

The NSE Nifty index was trading 11.35 points up at 19622.4, while BSE Sensex was up 39.8 points at 65920.32 at the time of writing this report. In the Nifty index, Coal India Ltd.(up 3.60 per cent), Larsen & Toubro Ltd.(up 1.73 per cent), Tech Mahindra Ltd.(up 1.13 per cent), UPL Ltd.(up 0.86 per cent) and State Bank of India(up 0.74 per cent) were among the top gainers. While Tata Consumer Products Ltd.(down 2.46 per cent), UltraTech Cement Ltd.(down 0.95 per cent), Britannia Industries Ltd.(down 0.94 per cent), Sun Pharmaceutical Industries Ltd.(down 0.84 per cent) and Cipla Ltd.(down 0.81 per cent) were among the top losers in the index.

Cochin Shipyard jumped nearly 14% to hit their 52-week high of Rs 1,096 on the NSE on Thursday. Today's rally takes the gains to over 20% in four trading sessions. The rally was supported by strong volumes with more than 70 lakh shares trading on the NSE around 9:50 am.