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Buy or sell stocks for today: The 30-share BSE Sensex breached the historic 75,000-mark for the first time in the previous session, while the NSE Nifty 50 also hit its fresh lifetime high of 22,768.40, before both domestic equity benchmarks settled in the red dragged by profit-booking and weak global cues. Investors await the US inflation data, which due later in the evening today, while expectations of Fed rate cuts have been easing over strong macro data and sticky inflation in the world's largest economy.

Day trading stocks for today: Indian stock market is thriving on bullish sentiments as both domestic equity benchmarks Nifty 50 and Sensex achieved lifetime highs in the previous session with the 30-share BSE index breaching the coveted 75,000-mark for the first time. However, the frontline indices shed 0.08-0.10 per cent at the time of closing and settled lower on Tuesday dragged by profit booking and weak global cues.

Also Read: Indian stock market: 7 key things that changed for market overnight - Gift Nifty, US Treasury yields to oil prices Here’s what to expect from Nifty 50 and Bank Nifty today: Analyzing the Nifty Open Interest (OI) data, the call side showed the highest OI at the 22,800 level, followed by the 23,000 strike prices. On the put side, the highest OI was observed at the 22,500 strike price, said Mandar Bhojane, Equity Research Analyst at Choice Broking. The Nifty 50 index slipped into a minor decline amidst volatility on April 9 and closed the day lower by 23 points.

New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) chairman Sanjay Agarwal Tuesday have asked field formations to dispose of legacy cases in which there is no dispute. According to the official data cases with tax demand of about Rs 29,000 crore are stuck, some of which are over 10 years. In most of the cases demand was raised but because of missing assesses, inadequate assets and liquidation of assets recovery is not possible.

Telecom operators, Reliance Jio, Bharti Airtel and Vodafone Idea have demonstrated rare unanimity in opposing the sector regulator’s proposal to have more stringent provisions for improving the quality of services. Consumer advocacy groups, however, have backed the regulator in demanding guardrails that hold telcos accountable for the quality of service, prompting telcos and telecom associations to oppose the draft regulations. The regulator has asked stakeholders to send more comments by April 22.

The technology provider's ‘Investment Bond Service Review 2024' report noted advisers are recommending bonds after personal pensions and investment ISAs. Just over one third (35%) of advisers said they would recommend onshore bonds next and 19% said they would recommend international bonds. UK investors add more to North American equity funds in Q1 than over last nine years combined Last year's review found advisers were recommending an average of 2.7 different types of bonds in 2022. However, the most recent analysis found that the average fell to 1.4 in 2023. Open architecture...

The S&P BSE Sensex climbed Mount 75K for the first time to hit a record high of 75,124 while the Nifty50 hit a record high of 22,768.

Manoj Panda as a member of the 16th Finance Commission. The 16th Finance Commission, chaired by Arvind Panagariya, has four members. Former expenditure secretary Ajay Narayan Jha and retired bureaucrat Annie George Mathew are full-time members of the commission, while SBI Group Chief Economic Advisor Soumya Kanti Ghosh is a part-time member. In a notification, the Department of Economic Affairs said Manoj Panda, former Director, Institute of Economic Growth, is being appointed as a full-time member of the 16th Finance Commission.

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Tata Motors, Wipro, TCS, Tech Mahindra and ICICI Bank were the top gains in the Sensex, while Reliance Industries, JSW Steel, Titan Company and Larsen & Toubro were the top losers. Also Read: Day trading stocks to buy: Anand Rathi expert recommends three shares to buy today Strong domestic macroeconomic fundamentals and positive global market cues also pushed the Indian stock market higher. “After a stellar FY24, Indian equity markets continue to march higher into new territory.

Day trading stocks for today: The Indian stock market began the fresh week on a higher note as two out of three benchmark indices touched a new peak on Monday and the BSE listed stocks crossed ₹400 lakh crore. The Nifty 50 index scaled a new peak of 22,697 mark while the BSE Sensex hit a new high of 74,869 during Monday deals. In the broad market, the small-cap index came close to its lifetime high while the mid-cap index climbed to a new peak of 41,113.

here Motilal Oswal Financial Services expects Nifty earnings to grow 6 per cent year-on-year (YoY). Margin tailwinds are likely to narrow due to a high base. EBITDA margin (ex-Financials) could remain flat for the Nifty at 19.8 per cent (up 10 bps).

Buy or sell stocks for today: Following positive global market sentiments, the Indian stock market ended higher on Monday. Two out of three frontline indices hit a new lifetime high and the market cap of the BSE-listed stocks crossed ₹400 lakh crore. The Nifty 50 index touched a new lifetime high of the 22,697 mark and finished 152 points higher at the 22,666 level.

Sensex surged 494.28 points, or 0.67%, to end at 74,742.50, while the Nifty 50 settled 152.60 points, or 0.68%, higher at 22,666.30. Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — April 9 “After a stellar FY24, Indian equity markets continue to march higher into new territory. Hopes of a favourable outcome from the ensuing general elections and the subsequent policy thrust are keeping sentiments upbeat.

Gujarat International Finance Tec-City may soon enjoy a five-day work week, months after the government eased alcohol consumption rules in GIFT City to make it more attractive to global financial institutions. A working group set up by the International Financial Services Centres Authority (IFSCA) on uniform working hours and a holiday list for IBUs has recommended a five-day work week and a decision in this regard may be announced soon, according to two officials aware of the matter. «The recommendations are being examined, and we expect a nod for a five-day work week within the first quarter of 2024-25,» said one of the officials, who did not wish to be identified, adding that IBUs will also adopt the Mumbai holiday calendar. «This is required because most of the IBUs are involved in treasury operations, which, for Indian lenders, are mostly done through Mumbai, and also because overseas units of Indian banks follow the Mumbai holiday calendar.» The working group said in its recommendations that a five-day work week will align with practices adopted in international financial centres and offshore units of Indian banks. «The government wants to position GIFT City as a major financial hub. All these steps are very important benchmarks for an aspiring international financial centre like GIFT IFSC,» said another official.

Energy & power based mutual funds gave an average return of 23.40% in five years (April 2019-April 2024). There were around three schemes in the category that completed five years of existence. Nippon India Power & Infra Fund gave 26.35% return. Tata Resources & Energy Fund and DSP Natural Resources & New Energy Fund gave 22.87% and 20.98% returns respectively in the same time period.

GAIL (India) Ltd. traded 3.43 per cent up at Rs 197.25 at 10:35AM (IST) on Monday, even as BSE benchmark Sensex gained 380.45 points to 74628.67. The stock had closed at Rs 190.7 in the previous session. The stock quoted a 52-week high price of Rs 197.7 and 52-week low of Rs 102.95, respectively. As per BSE data, total traded volume on the counter till 10:35AM (IST) stood at 836633 shares with a turnover of Rs 16.31 crore.

Stock market today: On account of weak global cues, the Indian stock market ended flat on Friday last week. Out of three frontline indices, the Nifty 50 and the BSE Sensex ended flat whereas the Bank Nifty index surged 0.90 percent by adding around 432 points on the previous session. The board market also outshined the Nifty 50 index as both small-cap and mid-cap indices finished 0.50 percent higher on the last session of the week gone by.

Stock market today: Ashok Leyland, ICICI Bank to NCC — 7 buy or sell stock ideas by experts Experts recommend focussing on technically and fundamentally sound stocks for the short term. Based on the recommendations of several experts, below are 12 stocks that one can consider buying for the next three to four weeks. Take a look: On the weekly chart, BEL has broken out of an eleven-week consolidation zone ranging between ₹217 and ₹179.

Day trading stocks, 8 April 2024: Following weak global market sentiments, the Indian stock market ended flat on Friday last week. The Nifty 50 index finished marginally lower at 22,513 level, the BSE Sensex added 20 points and ended at the 74,248 mark while the Bank Nifty index shot up 432 points and ended at 48,493 level.

Sensex inched up 20 points to settle at a fresh record of 74,248 and the broader Nifty ended with a marginal loss of 0.95 points at 22,513. Stocks that were in focus included names like CG Power, which jumped nearly 1%, JK Lakshmi, which fell 3%, and Metro Brands, whose shares declined 0.4% on Friday.