Indian benchmark indices Sensex and Nifty closed in the green on Monday, lifted by auto and metal shares, as optimism over sweeping GST tax cuts and China’s steel reforms supported sentiment alongside expectations of a Federal Reserve rate cut this month. The S&P BSE Sensex added 76.54 points, or 0.09%, to finish at 80,787.30, while […]
GST cut a near-term cushion, but tariff uncertainties and global risks keep India’s growth outlook delicately poised: Suvodeep Rakshit
The recent GST rate rationalisation could provide a timely cushion to India’s economy as it faces the headwinds of steep US tariffs, according to Suvodeep Rakshit, Chief Economist at Kotak Institutional Equities. Speaking to ET Now, Rakshit said the GST move had been in the works for over a year, and its implementation coincided with […]
Explained: Why are Vedanta investors disappointed on Rs 17,000-crore Jaiprakash acquisition bid
Vedanta‘s Rs 17,000 crore winning bid for Jaiprakash Associates’ assets under NCLT has drawn a lukewarm response from analysts. Brokerages have flagged weak synergies, debt risks, and limited visibility on any turnaround, suggesting that the deal could do more harm than good for the Anil Agarwal-led company. Nuvama Institutional Equities called the move “negative for […]
Lemon Tree Hotels, M&M among 11 consumer discretionary stocks that hit 52-week highs & rallied up to 25% in a month – Fresh Highs
On Monday, the benchmark Sensex ended with a modest gain of around 76 points, closing at 80,787. Despite the mild rise, as many as 11 stocks from the BSE Consumer Discretionary index hit their 52-week highs — their highest levels in a year. Such breakouts are often seen by traders and investors as bullish indicators, […]
Ahead of Market: 10 things that will decide stock market action on Tuesday
The Indian market ended higher on Monday, lifted by auto and metal shares, as optimism over sweeping GST tax cuts and China’s steel reforms supported sentiment alongside expectations of a Federal Reserve rate cut this month. The S&P BSE Sensex added 76.54 points, or 0.09%, to finish at 80,787.30, while the NSE Nifty 50 rose […]
Infosys to consider share buyback proposal on Thursday
India’s second largest IT services company Infosys will consider a proposal for buyback of company’s equity shares at its meeting to be held on September 11, 2025. The company informed about the development today after market hours. Infosys shares ended at Rs 1,436.10 on the NSE, down by Rs 8.50 or 0.59%. The share buyback […]
US stocks open higher as Fed rate cut expectations firm
Wall Street’s main indexes opened higher on Monday, rebounding from the previous session’s decline, amid hopes that the Federal Reserve could lower borrowing costs soon in response to the latest jobs data. The Dow Jones Industrial Average rose 29.8 points, or 0.07%, at the open to 45,430.61. The S&P 500 rose 16.6 points, or 0.26%, […]
Smallcap tourism stock can rally up to Rs 1,800: Jefferies lists 3 reasons for upside
International brokerage Jefferies has termed TBO Tek’s latest acquisition a “classic opportunity” to expand its global reach, after the company announced the purchase of Classic Vacations, a US-based luxury travel wholesaler, for about $125 million. The brokerage has raised its price target on the stock to Rs 1,800 from Rs 1,625 and reiterated its Buy […]
Market Trading Guide: Buy Ashok Leyland, HDFC AMC and 3 more stocks on Tuesday for gains up to 11% – Stock Ideas
Indian headline indices closed with modest gains after a volatile session, as weakness in IT and pharma stocks was offset by strong buying in auto counters. The markets once again encountered resistance at higher levels, with the Nifty unable to sustain above the 100-DMA, currently positioned around 24,800. Decoding the day’s action, Nilesh Jain, Head […]
No sector mispriced, market remains efficient despite global uncertainty
The Indian consumption story received a fresh boost with the government’s sweeping GST rate cuts, particularly benefiting automakers, insurers, and FMCG companies. Experts believe this move will revive momentum across the consumption basket, even as global trade uncertainties continue to weigh on investor sentiment. When asked about the outlook for autos, Mark Matthews in an […]