Category: Stock

Indian headline indices ended with sharp cuts on Thursday as US tariffs and monthly expiry weighed on markets. Bears remained at the helm as the index slipped below the 100-EMA on the daily chart, confirming a short-term bearish trend. Commenting on the day’s action, Rupak De, Senior Technical Analyst at LKP Securities, said the Nifty […]

On Thursday, the benchmark Sensex declined by nearly 705 points, ending the session at 80,080. Despite the broader market correction, eight stocks from the BSE Smallcap index hit their 52-week highs, marking their highest levels in a year. Traders and investors often view such breakouts as bullish signals, indicating strong upward momentum and the possibility […]

Sunil Singhania, founder of Abakkus Asset Manager LLP, has advised investors to stay cautious on IT services stocks while selectively building positions in banking, pharma, metals, and capital goods, as valuations in several sectors begin to look more attractive after recent corrections. Speaking to ET Now, Singhania said Indian IT, despite its global strengths, faces […]

India’s equity market is expected to remain range-bound in the near term, but largecap stocks present a favourable risk-reward opportunity for those looking to invest over the medium to long-term, according to Prashant Jain, CIO of 3P Investment Managers. Speaking to ET Now, Jain noted that while consumer-facing sectors could see some outperformance if markets […]

Prashant Jain, Chief Investment Officer at 3P Investment Managers, believes that Indian stocks are moving into a stage of reasonable valuations, where large-cap companies are in a better spot to provide consistent returns. In an interview with ET Now, Jain warned investors not to get caught up in pricey trends in capital goods and new-age […]

European shares climbed on Thursday, as Nvidia’s strong results quelled worries over weakening AI demand, although uncertainty over the U.S. chipmaker’s China business clouded the outlook. The pan-European STOXX 600 was up 0.3% at 556.53, as of 0704 GMT. Semiconductor stocks in the region were mixed as investors parsed Nvidia’s data center outlook, which fell […]

The Indian stock market is in the grip of a tariff-induced sell-off that has wiped out over 1,500 points from the Sensex in just two trading sessions, with the Nifty plunging perilously close to the 24,500 level. The carnage comes as markets digest the implications of a 50% tariff on Indian goods exports to the […]

The Indian stock market seems to have absorbed the shock of the additional 25% U.S. tariffs announced earlier this week, according to market veteran Ajay Bagga. Speaking to ET Now, Bagga noted that while the initial reaction was strong, most of the tariff-related pain has already been taken into account. “The market knew very well […]

India’s solar industry faces another challenge in the form of China. Most of the solar cells and silicon wafers used in Indian panel production are imported from Chinese suppliers. At the same time, China itself dominates the sector, controlling more than 80% of global solar manufacturing across all stages, according to the International Energy Agency. […]

Shares of Mangal Electrical Industries listed at a slight discount of 0.9% on Thursday. The stock debuted at Rs 556 on NSE and Rs 558 on BSE, compared with the issue price of Rs 561. The Rs 400 crore issue was subscribed nearly 10 times overall, with robust participation across investor categories. However, in the […]