BENCHMARKS
Benchmark Gsec yield eases on demand ahead of new LCR rules
India's 10-year benchmark yield declined to 6.932% as domestic banks showed interest following the RBI's plan to tighten liquidity coverage ratio (LCR) guidelines. The rules aim to increase the run-off factor for retail deposits, which will affect banking liquidity by 12% to 18%, boosting demand for government bonds.
Japanese stocks, bonds fall ahead of BOJ decision: Markets wrap
Japanese stocks declined by over 1% and bond yields rose in anticipation of the Bank of Japan's interest rate decision. Meanwhile, tech stocks experienced a downturn, and Nvidia's market value plummeted. Oil prices increased following a report on US crude stockpile drawdowns. Market watchers also looked ahead to potential Fed rate cuts predicted by Goldman Sachs for later this year.
No specific inputs to Sebi on alleged stock market manipulation via exit polls: Finance Ministry
Markets regulator Sebi hasn't received any specific inputs on allegations of stock market manipulations through exit polls in the recently-concluded general election, the Rajya Sabha was informed on Tuesday.
Mcap of 6 of top-10 valued firms jumps Rs 1.85 lakh cr; LIC, Infosys biggest winners
The market capitalisation (mcap) of Tata Consultancy Services (TCS) jumped Rs 30,826.1 crore to Rs 15,87,598.71 crore and that of Bharti Airtel climbed Rs 30,282.99 crore to Rs 8,62,211.38 crore.HDFC Bank's valuation rallied Rs 8,140.69 crore to Rs 12,30,842.03 crore
- Go To Page 1
Rupee slumps to a record low amid oil demand, month-end pressures
The local currency closed at 83.7275 per US dollar on Friday, versus the previous close of 83.6975/$1, LSEG data showed. The rupee has weakened for four out of five trading sessions this week. On a weekly basis, the currency weakened 0.1%
Benchmark g-sec yield eases further following Budget announcements
A fall in government bond yields lowers borrowing costs across the economy as sovereign debt yields are the benchmarks for determining the price of corporate borrowing. Bond yield and prices move inversely.
Sensex falls 1,500 points intraday, closes flat; caution over valuations
Indian equity benchmarks saw minor declines: Nifty dropped 0.12%, Sensex 0.09%. Investor caution persisted over high valuations and new capital gains tax. Nikhil Ranka predicted consolidation between 23,700 and 24,500, while Chirag Mehta foresaw potential corrections. Mid-cap and small-cap stocks weakened; 2,223 BSE stocks fell. Quantum Mutual Fund noted capex disappointment and lack of demand-boosting measures.
Sebi did not get specific information on unfair trading on poll results day
Capital markets regulator Sebi has not received any specific information on any 'unfair trading' in the stock market crash on the Lok Sabha poll results day on June 4, which wiped out billions of investors wealth, Parliament was informed on Monday.
Mcap of 8 of top-10 most valued firms jumps Rs 2.10 lakh cr; TCS, LIC sparkle
The combined market valuation of eight of the top-10 most valued firms jumped Rs 2,10,330.26 crore in a holiday-shorted last week, with Tata Consultancy Services (TCS) and Life Insurance Corporation of India emerging as the biggest gainers. Last week, the BSE benchmark climbed 85.31 points or 0.10 per cent. The 30-share BSE Sensex hit its new all-time high of 81,587.76 on Friday.
GIFT Nifty signals a muted start for D-Street. Here's the trading setup for today's session
Despite weak global cues, the market showed resilience and confidence. Experts predict key support at 24500 levels. Nifty advancing towards 24960 resistance. India VIX rises slightly. FII buying increases, Rupee depreciates. Q1 results awaited for major companies.
Motilal Oswal sells Zomato shares for Rs 646 crore in block deal
Motilal Oswal Mutual Fund sold ₹645.84 crore worth of Zomato shares, causing a 4.71% drop in stock price, despite a 15.8% gain over the past month.
Asia sees cautious open; US stocks buoyed by Trump: Markets wrap
Stocks in Asia show mixed reactions to Trump's increasing chances of winning a second term after surviving an assassination attempt. Market volatility expected due to tariff threats. Federal Reserve Chair hints at possible interest-rate cuts. Investors remain focused on economic and earnings results despite shocking events.
57% of equity mutual funds outperform respective benchmarks in June
Around 57% equity mutual funds have outperformed their respective benchmarks in June. As many as 159 out of 281 open-ended equity diversified funds outperformed the benchmarks in June, according to a study by PL Wealth Management.
SBI hikes benchmark MCLR rate
SBI, India's largest lender, has raised the MCLR by 5-10 basis points for tenures from one month to three years, effective July 15. Updated rates on SBI's website range from 8.35% for one month to 9% for three years, including 8.40% for three months, 8.75% for six months, 8.85% for one year, and 8.95% for two years. This is the second consecutive hike after June. MCLR, the minimum lending rate since April 1, 2016, primarily affects corporate loans. Retail loans are tied to external benchmarks like the unchanged RBI repo rate since February 2023. One basis point is 0.
Automobile, pharma rally hits bulls’ high
Nifty and Sensex soared to all-time highs with stocks like Maruti Suzuki and Divi's Labs, driven by ₹40,000 crore mutual fund inflows. Analysts see technical resistance and possible consolidation, awaiting Powell’s testimony on rates and inflation. Sensex hit an intraday record, with the July budget and June quarter earnings as key events.
Think largecap investing, think Exchange Traded Funds
Investing in ETFs tracking Nifty50, including Nifty50 Value 20, provides long-term stability and tax efficiency. Large Cap ETFs use market capitalization to minimize risks, with periodic rebalancing for optimal performance. Brokerage platforms facilitate investments, supporting margin trading. These strategies leverage blue-chip stocks, particularly beneficial in broad-based or bull markets, with dividend yield enhancing stock selection.
Miners drag Australian shares lower on weaker iron ore prices
Australian shares fell due to iron ore price drops, affecting hot metal output and the S&P/ASX 200 index (7799.00). Energy stocks dropped amid Gaza ceasefire and Gulf storms. Financials and Commonwealth Bank of Australia dipped. Gold stocks rose, hitting June 11 highs, following U.S. jobs data and possible rate cuts. The S&P/NZX 50 declined 0.5%.
Mcap of 8 of top-10 most-valued firms jumps Rs 1.83 lakh cr; TCS, Infosys biggest gainers
The BSE benchmark rose 963.87 points, up 1.21%. Eight leading firms added Rs 1,83,290.36 crore, led by TCS, Infosys, Reliance, ICICI Bank, LIC, Hindustan Unilever, ITC, and SBI. TCS increased by Rs 38,894.44 crore, Reliance by Rs 32,611.36 crore. HDFC Bank and Bharti Airtel saw declines in market valuation.
For a handful of equity and shine, investors open 4.3 m Demat a/cs
In recent activity, nearly 3.9 million new investor accounts were opened with the Central Depository Services Ltd (CDSL), and an additional 0.4 million accounts were registered with the National Securities Depository (NSDL). By comparison, May witnessed a total of 4 million new accounts, while April saw 2.6 million new accounts.
Mcap of BSE-listed firms hit all-time high of Rs 447.40 lakh cr
The market capitalisation of BSE-listed firms hit a record high of Rs 447.30 lakh crore on Thursday with the benchmark Sensex closing at a fresh all-time high level. The 30-share BSE Sensex scaled an intraday record high of 80,392.64 in early trade. The index pared most of the gains later due to volatility and profit-taking by investors and settled 62.87 points or 0.08 per cent higher at 80,049.67.
GIFT Nifty signals a positive start for D-Street. Here's the trading setup for today's session
Indian equities surge with Nifty crossing 24300 and Sensex breaching 80000. Tech view sets 24900 as the next target. Dollar weakens, oil prices fall, and rupee settles lower. FII net long increases to Rs 3.78 lakh crore. DIIs buy shares worth Rs 924 crore.
European shares rise after Powell's dovish comments; focus on elections
European shares rose on Wednesday as investors welcomed dovish comments from Federal Reserve Chair Jerome Powell and looked ahead to the second round of the French vote and a national election in the UK.
GIFT Nifty jumps 90 points; here's the trading setup for today's session
Market anticipates Nifty consolidation post-profit booking. Brent crude, US WTI futures rise on strong fuel demand hopes. Currency markets stable as rupee weakens. FIIs cut net long positions, adding to market uncertainty.
M-cap of nine of top-10 most valued firms jumps Rs 2.89 lakh crore; Reliance biggest winner
Nine of the top-10 most valued firms together added Rs 2,89,699.42 crore in market valuation last week, with Reliance Industries emerging as the biggest gainer, in line with a rally in equities. Last week, the BSE benchmark jumped 1,822.83 points or 2.36 per cent.
Where US stock market is headed after wild first half: 5 charts
A boom in artificial intelligence fueled a blistering first half for the US stock market, and traders expect to see the same — and more — in the remainder of the year.
First day JPM flows not a deluge, but bankers confident of steady flow going ahead
From Thursday to Friday, foreign portfolio investors (FPIs) increased their holdings in the index-eligible Fully Accessible Route (FAR) suite of government bonds by Rs 1,545.16 crore, bringing the total to Rs 1.86 lakh crore, according to data from the Clearing Corporation of India Ltd (CCIL) released at 6 pm. This increase left traders somewhat disappointed, as some market segments had anticipated a surge exceeding Rs 10,000 crore on Friday alone.
Global trends, trading activity of foreign investors to guide movement in mkts this week: Analysts
Stock markets will take cues from trading activity of foreign investors and global trends this week with benchmark equity indices likely to face volatility amid the scheduled monthly derivatives expiry, analysts said. Moreover, factors such as the progress of monsoon and Brent crude oil would also dictate investors' sentiment during the week.
Load More
