Sensex tumbles over 1,000 points, Nifty below 24,700; IT, bank stocks top drags
https://economictimes.indiatimes.com/markets/stocks/news/sensex-tumbles-over-500-points-nifty-below-24800-it-bank-stocks-top-drags/articleshow/121126699.cms
Indian benchmark indices Sensex and Nifty experienced a decline on Tuesday morning, reversing gains from the previous day's surge. This downturn followed a fragile ceasefire agreement with Pakistan. While some stocks like Sun Pharma saw gains, Infosys and Kotak Mahindra Bank led the losses among Sensex constituents.
https://economictimes.indiatimes.com/markets/stocks/news/sensex-tumbles-over-500-points-nifty-below-24800-it-bank-stocks-top-drags/articleshow/121126699.cms
Indian benchmark indices Sensex and Nifty experienced a decline on Tuesday morning, reversing gains from the previous day's surge. This downturn followed a fragile ceasefire agreement with Pakistan. While some stocks like Sun Pharma saw gains, Infosys and Kotak Mahindra Bank led the losses among Sensex constituents.
Reduce Asian Paints, target price Rs 2,000: ICICI Securities
https://economictimes.indiatimes.com/markets/stocks/recos/reduce-asian-paints-target-price-rs-2000-icici-securities/articleshow/121097109.cms
ICICI Securities suggests reducing Asian Paints holdings, setting a target price of Rs 2,000. They anticipate revenue and PAT growth, but also a decline in RoCE. The brokerage highlights potential risks like commodity price corrections. Asian Paints reported a consolidated total income of Rs 8458.76 crore for the quarter ended March 31, 2025.
https://economictimes.indiatimes.com/markets/stocks/recos/reduce-asian-paints-target-price-rs-2000-icici-securities/articleshow/121097109.cms
ICICI Securities suggests reducing Asian Paints holdings, setting a target price of Rs 2,000. They anticipate revenue and PAT growth, but also a decline in RoCE. The brokerage highlights potential risks like commodity price corrections. Asian Paints reported a consolidated total income of Rs 8458.76 crore for the quarter ended March 31, 2025.
Swiggy plunges 6% to 52-week low after lock-in expiry unlocks 83% shareholding
https://economictimes.indiatimes.com/markets/stocks/news/swiggy-plunges-6-to-52-week-low-after-lock-in-expiry-unlocks-83-shareholding/articleshow/121127010.cms
Swiggy shares tumbled 6.4% to a 52-week low after the expiry of a major lock-in period freed up 83% of its shareholding for trade. JM Financial warned of potential outflows worth Rs 120 billion. Despite a Q4 loss and slower Instamart growth, the brokerage retained its ‘Buy’ call, citing possible recovery in profitability going forward.
https://economictimes.indiatimes.com/markets/stocks/news/swiggy-plunges-6-to-52-week-low-after-lock-in-expiry-unlocks-83-shareholding/articleshow/121127010.cms
Swiggy shares tumbled 6.4% to a 52-week low after the expiry of a major lock-in period freed up 83% of its shareholding for trade. JM Financial warned of potential outflows worth Rs 120 billion. Despite a Q4 loss and slower Instamart growth, the brokerage retained its ‘Buy’ call, citing possible recovery in profitability going forward.
JM Financial maintains Buy on Paradeep Phosphates, raises target price to Rs 160
https://economictimes.indiatimes.com/markets/stocks/recos/jm-financial-maintains-buy-on-paradeep-phosphates-raises-target-price-to-rs-160nbsp/articleshow/121097657.cms
JM Financial maintains a buy call on Paradeep Phosphates, revising the target price to Rs 160. The brokerage anticipates robust volume growth driven by favorable monsoons and capacity debottlenecking. Expected benefits from backward integration and efficiency projects should further boost EBITDA, leading to a positive outlook with a projected EBITDA/EPS CAGR of 14%/19% over FY25-28E.
https://economictimes.indiatimes.com/markets/stocks/recos/jm-financial-maintains-buy-on-paradeep-phosphates-raises-target-price-to-rs-160nbsp/articleshow/121097657.cms
JM Financial maintains a buy call on Paradeep Phosphates, revising the target price to Rs 160. The brokerage anticipates robust volume growth driven by favorable monsoons and capacity debottlenecking. Expected benefits from backward integration and efficiency projects should further boost EBITDA, leading to a positive outlook with a projected EBITDA/EPS CAGR of 14%/19% over FY25-28E.
Confused between Swiggy and Zomato? Retail investors, HNIs say: Why not both
https://economictimes.indiatimes.com/markets/stocks/news/confused-between-swiggy-and-zomato-retail-investors-hnis-say-why-not-both/articleshow/121127339.cms
Despite share price drops, Swiggy and Zomato attract retail and HNI investors. Swiggy sees strong buying interest, followed by Zomato. Investors bet on familiarity and potential turnaround. Analysts warn of continued losses and future competition. HSBC prefers Eternal (Zomato) due to Swiggy's cash burn. Brokerages cut target prices for both. Currently, investors are ordering both stocks.
https://economictimes.indiatimes.com/markets/stocks/news/confused-between-swiggy-and-zomato-retail-investors-hnis-say-why-not-both/articleshow/121127339.cms
Despite share price drops, Swiggy and Zomato attract retail and HNI investors. Swiggy sees strong buying interest, followed by Zomato. Investors bet on familiarity and potential turnaround. Analysts warn of continued losses and future competition. HSBC prefers Eternal (Zomato) due to Swiggy's cash burn. Brokerages cut target prices for both. Currently, investors are ordering both stocks.
Sensex falls! But these stocks are up over 15% on BSE
https://economictimes.indiatimes.com/markets/stocks/stock-watch/sensex-falls-but-these-stocks-are-up-over-15-on-bse/articleshow/121127472.cms
In the Nifty50 index, 13 stocks were trading in the green, while 37 stocks were in the red.
https://economictimes.indiatimes.com/markets/stocks/stock-watch/sensex-falls-but-these-stocks-are-up-over-15-on-bse/articleshow/121127472.cms
In the Nifty50 index, 13 stocks were trading in the green, while 37 stocks were in the red.
Stock market update: Nifty IT index falls 1.35% in a weak market
https://economictimes.indiatimes.com/markets/stocks/stock-watch/stock-market-update-nifty-it-index-falls-1-35-in-a-weak-market/articleshow/121127593.cms
The Nifty IT index was trading 1.35 per cent down at 37765.4.
https://economictimes.indiatimes.com/markets/stocks/stock-watch/stock-market-update-nifty-it-index-falls-1-35-in-a-weak-market/articleshow/121127593.cms
The Nifty IT index was trading 1.35 per cent down at 37765.4.
I-Sec maintains Add on Kalyan Jewellers, raises target price to Rs 550
https://economictimes.indiatimes.com/markets/stocks/recos/i-sec-maintains-add-on-kalyan-jewellers-raises-target-price-to-rs-550/articleshow/121098077.cms
ICICI Securities maintains an 'Add' call for Kalyan Jewellers, setting a target price of Rs 550. The brokerage anticipates strong growth, projecting revenue, EBITDA, and PAT CAGRs of 28%, 32%, and 49% respectively, over FY24-FY27E. For the quarter ended March 31, 2025, Kalyan Jewellers reported a consolidated total income of Rs 6222.
https://economictimes.indiatimes.com/markets/stocks/recos/i-sec-maintains-add-on-kalyan-jewellers-raises-target-price-to-rs-550/articleshow/121098077.cms
ICICI Securities maintains an 'Add' call for Kalyan Jewellers, setting a target price of Rs 550. The brokerage anticipates strong growth, projecting revenue, EBITDA, and PAT CAGRs of 28%, 32%, and 49% respectively, over FY24-FY27E. For the quarter ended March 31, 2025, Kalyan Jewellers reported a consolidated total income of Rs 6222.
Pharma stocks rally up to 4%, but will Trump order really have minimal impact?
https://economictimes.indiatimes.com/markets/stocks/news/pharma-stocks-rally-up-to-4-but-will-trump-order-really-have-minimal-impact/articleshow/121127822.cms
The Nifty Pharma index gained around 2% on Tuesday, defying the broader market trend, as the Nifty slipped nearly 0.5% amid profit-booking following Monday’s sharp rally — the strongest single-day gain in the past four years for the benchmark indices.
https://economictimes.indiatimes.com/markets/stocks/news/pharma-stocks-rally-up-to-4-but-will-trump-order-really-have-minimal-impact/articleshow/121127822.cms
The Nifty Pharma index gained around 2% on Tuesday, defying the broader market trend, as the Nifty slipped nearly 0.5% amid profit-booking following Monday’s sharp rally — the strongest single-day gain in the past four years for the benchmark indices.
Sensex falls! But these stocks are up over 10% on BSE
https://economictimes.indiatimes.com/markets/stocks/stock-watch/sensex-falls-but-these-stocks-are-up-over-10-on-bse/articleshow/121127883.cms
In the Nifty 50 index, 14 stocks were trading in the green, while 36 stocks were trading in the red.
https://economictimes.indiatimes.com/markets/stocks/stock-watch/sensex-falls-but-these-stocks-are-up-over-10-on-bse/articleshow/121127883.cms
In the Nifty 50 index, 14 stocks were trading in the green, while 36 stocks were trading in the red.
Axis Securities highlights 3 technical picks for up to 24% returns
https://economictimes.indiatimes.com/markets/stocks/news/axis-securities-highlights-3-technical-picks-for-up-to-24-returns/slideshow/121128013.cms
Nifty is expected to trade between 23,500 and 24,800 with mixed bias. Axis Securities has recommended three stocks based on technical analysis for a 3-4 week holding period. Apollo Micro Systems, BEL, and Nazara Technologies show potential returns of up to 24%, 13.7%, and 17% respectively, based on their breakout patterns and RSI indicators.
https://economictimes.indiatimes.com/markets/stocks/news/axis-securities-highlights-3-technical-picks-for-up-to-24-returns/slideshow/121128013.cms
Nifty is expected to trade between 23,500 and 24,800 with mixed bias. Axis Securities has recommended three stocks based on technical analysis for a 3-4 week holding period. Apollo Micro Systems, BEL, and Nazara Technologies show potential returns of up to 24%, 13.7%, and 17% respectively, based on their breakout patterns and RSI indicators.
Ideaforge shares slip 3% after 3-day rally on India-Pakistan military escalation
https://economictimes.indiatimes.com/markets/stocks/news/ideaforge-shares-slip-3-after-3-day-rally-on-india-pakistan-military-escalation/articleshow/121127774.cms
Ideaforge Technology shares experienced a dip following a 37% surge driven by heightened India-Pakistan tensions, as investors cashed in on profits. Despite easing hostilities, the stock's rally, fueled by increased defence spending expectations, showed signs of overbought conditions. While a near-term pullback is anticipated, brokerages remain optimistic about Indian defence stocks due to favourable geopolitical factors and export potential.
https://economictimes.indiatimes.com/markets/stocks/news/ideaforge-shares-slip-3-after-3-day-rally-on-india-pakistan-military-escalation/articleshow/121127774.cms
Ideaforge Technology shares experienced a dip following a 37% surge driven by heightened India-Pakistan tensions, as investors cashed in on profits. Despite easing hostilities, the stock's rally, fueled by increased defence spending expectations, showed signs of overbought conditions. While a near-term pullback is anticipated, brokerages remain optimistic about Indian defence stocks due to favourable geopolitical factors and export potential.
Stock market update: Fertilisers stocks up as market falls
https://economictimes.indiatimes.com/markets/stocks/stock-watch/stock-market-update-fertilisers-stocks-up-as-market-falls/articleshow/121128014.cms
The 30-share BSE Sensex was down 616.35 points at 81813.55
https://economictimes.indiatimes.com/markets/stocks/stock-watch/stock-market-update-fertilisers-stocks-up-as-market-falls/articleshow/121128014.cms
The 30-share BSE Sensex was down 616.35 points at 81813.55
Share market update: Most active stocks of the day in terms of total traded value
https://economictimes.indiatimes.com/markets/stocks/stock-watch/share-market-update-most-active-stocks-of-the-day-in-terms-of-total-traded-value/articleshow/121128207.cms
The NSE Nifty index was trading 154.36 points down at 24770.35
https://economictimes.indiatimes.com/markets/stocks/stock-watch/share-market-update-most-active-stocks-of-the-day-in-terms-of-total-traded-value/articleshow/121128207.cms
The NSE Nifty index was trading 154.36 points down at 24770.35
Stocks to buy today: TCS, L&T among top 6 trading ideas for 13 May 2025
https://economictimes.indiatimes.com/markets/stocks/news/stocks-to-buy-today-tcs-lt-among-top-6-trading-ideas-for-13-may-2025/articleshow/121128248.cms
Nifty futures ended Monday on a strong note, rising 4.10% to close at 25,051. Meanwhile, India VIX dropped nearly 15%, settling at 18.39, indicating a decline in market volatility.
https://economictimes.indiatimes.com/markets/stocks/news/stocks-to-buy-today-tcs-lt-among-top-6-trading-ideas-for-13-may-2025/articleshow/121128248.cms
Nifty futures ended Monday on a strong note, rising 4.10% to close at 25,051. Meanwhile, India VIX dropped nearly 15%, settling at 18.39, indicating a decline in market volatility.
Sensex falls! These stocks are down 5% or more on BSE
https://economictimes.indiatimes.com/markets/stocks/stock-watch/sensex-falls-these-stocks-are-down-5-or-more-on-bse/articleshow/121128335.cms
In the Nifty pack, 11 stocks were trading in the green, while 39 stocks were trading in the red.
https://economictimes.indiatimes.com/markets/stocks/stock-watch/sensex-falls-these-stocks-are-down-5-or-more-on-bse/articleshow/121128335.cms
In the Nifty pack, 11 stocks were trading in the green, while 39 stocks were trading in the red.
Stock market update: FMCG stocks up as market falls
https://economictimes.indiatimes.com/markets/stocks/stock-watch/stock-market-update-fmcg-stocks-up-as-market-falls/articleshow/121128423.cms
The 30-share BSE Sensex was down 1002.84 points at 81427.06
https://economictimes.indiatimes.com/markets/stocks/stock-watch/stock-market-update-fmcg-stocks-up-as-market-falls/articleshow/121128423.cms
The 30-share BSE Sensex was down 1002.84 points at 81427.06
Share market update: Most active stocks on D-Street today in terms of volume
https://economictimes.indiatimes.com/markets/stocks/stock-watch/share-market-update-most-active-stocks-on-d-street-today-in-terms-of-volume/articleshow/121128538.cms
The NSE Nifty index was trading 252.8 points down at 24671.9
https://economictimes.indiatimes.com/markets/stocks/stock-watch/share-market-update-most-active-stocks-on-d-street-today-in-terms-of-volume/articleshow/121128538.cms
The NSE Nifty index was trading 252.8 points down at 24671.9
Jindal Stainless shares rise 2% as Motilal Oswal initiates coverage with buy call, sees 24% upside
https://economictimes.indiatimes.com/markets/stocks/news/jindal-stainless-shares-rise-2-as-motilal-oswal-initiates-coverage-with-buy-call-sees-24-upside/articleshow/121128562.cms
Jindal Stainless shares: Jindal Stainless has shown strong growth momentum, recording a 12% compound annual growth rate (CAGR) in revenue from FY22 to FY25, primarily supported by a matching 12% increase in volumes, according to the brokerage.
https://economictimes.indiatimes.com/markets/stocks/news/jindal-stainless-shares-rise-2-as-motilal-oswal-initiates-coverage-with-buy-call-sees-24-upside/articleshow/121128562.cms
Jindal Stainless shares: Jindal Stainless has shown strong growth momentum, recording a 12% compound annual growth rate (CAGR) in revenue from FY22 to FY25, primarily supported by a matching 12% increase in volumes, according to the brokerage.
Stock market update: Nifty Pharma index advances 1.66% in a weak market
https://economictimes.indiatimes.com/markets/stocks/stock-watch/stock-market-update-nifty-pharma-index-advances-1-66-in-a-weak-market/articleshow/121128615.cms
The Nifty Pharma index was trading 1.66 per cent up at 21452.45.
https://economictimes.indiatimes.com/markets/stocks/stock-watch/stock-market-update-nifty-pharma-index-advances-1-66-in-a-weak-market/articleshow/121128615.cms
The Nifty Pharma index was trading 1.66 per cent up at 21452.45.