Indian stock market: Market benchmarks, the Sensex and the Nifty 50, reached new closing highs, marking their fifth consecutive day of gains. The Sensex set a new all-time high of 82,129.49, while the Nifty 50 hit a new peak of 25,078.30 during the session. “Nifty index opened positive above 25k […]
Motilal Oswal
Indian stock market: Market benchmarks—the Sensex and the Nifty 50—continued their losing streak for the fourth consecutive session. The Sensex dropped by 280 points, or 0.35 per cent, closing at 80,148.88. Similarly, the Nifty 50 ended the day down by 66 points, or 0.27 per cent, at 24,413.50. Despite these […]
In a significant uptrend, the total number of Demat accounts surged to 16.2 crore in June 2024, according to a report by Motilal Oswal Financial Services. As per the report, new additions spiked by 42 lakh in June, marking the highest account opening rate since February 2024. This indicates a […]
In its recent earnings preview for the June quarter (Q1FY25), domestic brokerage Motilal Oswal Financial Services (MOFSL) forecast a 4 percent year-on-year (YoY) growth in Nifty50 earnings. Excluding global commodities like Metals and Oil & Gas (O&G), the Nifty is expected to see a 10 percent YoY earnings growth for […]
In its recent June quarter (Q1FY25) earnings preview note, domestic brokerage house Motilal Oswal Financial Services (MOFSL) predicted that the Nifty50 earnings are likely to grow by 4 percent percent on a year-on-year (YoY) basis. Excluding global commodities like Metals and Oil & Gas (O&G), the Nifty is anticipated to […]
Indian stock market: Indian benchmark indices – Nifty and Sensex – ended Monday’s trading session in a flat note. The Sensex opened at 79,915, down from its previous close of 79,996.60, and remained in negative territory for most of the session. The index ultimately closed 36 points, or 0.05 percent, […]
Indian stock market: On Thursday, June 13, the Sensex and Nifty 50, India’s leading stock market indices, reached new all-time highs during the session. This surge was driven by robust macroeconomic indicators, fostering optimism regarding India’s economic growth prospects in the medium to long term. In the trading session, the […]
Trendlyne data shows that the Sensex closed the month of May down 521.47, or 0.70%, while the Nifty 50 concluded the month down 74.15, or 0.33%. Also Read: Sensex, Nifty 50 break 3-month gains to end May in red; 5 major triggers to watch out for in June The S&P […]
The brokerage firm Motilal Oswal (MOFSL) has revised upward potential target of gold to ₹81,000, while maintaining a positive bias on the precious metal. MOFSL, in its latest report, recommended ‘buy on dips’ approach on the yellow metal with advice to accumulate near ₹69,000. Meanwhile, the brokerage firm further advised […]
Mumbai: Top brokers have reopened the currency derivatives door for clients willing to declare that they comply with rules, after trading volumes plunged following the implementation of recent central bank directions. Zerodha, Motilal Oswal and Kotak Securities have begun seeking self-declarations from clients stating that such positions are taken only […]