Category: Stock

A potential cut in Goods and Services Tax (GST) on automobiles could trigger a strong rally in Indian auto stocks, with Mahindra & Mahindra, Maruti Suzuki, Ashok Leyland, and TVS Motor emerging as the biggest beneficiaries, according to brokerage Nomura. “Our scenario analysis considers three possible outcomes in the event of a GST reduction, with […]

While the broader market advances steadily, the auto sector is shifting into overdrive. The BSE Auto Index has surged nearly 20% so far in FY26, outpacing the Sensex’s modest 5.5% gain. This strong outperformance signals growing investor confidence, led by key players like Hyundai Motor India, Maruti Suzuki India, and Mahindra & Mahindra. Notably, 11 […]

Shares of Vedanta slipped nearly 3% to hit the day’s low of Rs 438.15 on the NSE on Wednesday after the National Company Law Tribunal (NCLT) deferred the hearing on its demerger plan to September 17. The move followed “serious objections” raised by the Centre over alleged concealment and non-disclosure of key details in the […]

China stocks rose to their highest level since 2015 on Wednesday, extending a rally fuelled by a rotation of funds into equities amid easing trade tensions and Beijing’s crackdown on excessive competition. ** China’s blue-chip CSI300 Index closed up 1.1%, while the Shanghai Composite Index rose 1%. Hong Kong benchmark Hang Seng was up 0.2%. […]

Market regulator Securities and Exchange Board of India (Sebi) has directed exchanges to de-freeze Sanjiv Bhasin‘s trading and demat accounts after the former IIFL director deposited Rs 1 crore with the Sebi in compliance with the Securities Appellate Tribunal (SAT). The SAT’s August 1 order came on an appeal filed by Bhasin against a Sebi […]

Wall Street’s major indexes mostly pulled back early Wednesday as investors assessed key retail earnings while awaiting the minutes of the central bank’s most recent policy meeting. About 15 minutes into trading, the Dow Jones Industrial Average added 0.1 percent to 44,984.72, but the broad-based S&P 500 Index dropped 0.3 percent to 6,390.30. The tech-focused […]

Big investors, fearful of September’s typical seasonal declines, exited profitable stock positions on Tuesday, according to investors and trading company research, a sign the selloff in tech may be driven by a broad aversion to risk. The tech-heavy Nasdaq and broad S&P 500 stock index sold off sharply on Tuesday, driven by tech stocks that […]

Indian headline indices ended with gains on Wednesday recording their third successive positive closing propelled by IT and FMCG stocks. The Nifty witnessed a largely positive session, closing above the 25,000 mark.Commenting on the day’s action, Rupak De, Senior Technical Analyst at LKP Securities said that the sentiment is likely to favor the bulls as […]

The Indian market ended in the green for a fifth straight day on Wednesday, lifted by IT shares, as investors looked ahead to the Federal Reserve’s Jackson Hole symposium later this week. The S&P BSE Sensex advanced 213.45 points, or 0.26%, to 81,857.84, while the NSE Nifty 50 gained 69.90 points, or 0.28%, closing above […]

Shares of Nasdaq listed Target Corporation plunged 11% in opening trade hitting a low of $94.15 after the company said that its board has unanimously elected Chief Operating Officer Michael Fiddelke to succeed Brian Cornell as Chief Executive Officer and become a member of its Board of Directors. Both appointments are effective February 1, 2026. […]