Stock Market today: Tata Steel, Steel Authority of India Ltd , NMDC, Hindalco Industries Ltd , Vedanta , Hindustan Copper Hindustan Zinc Ltd were prominent gainers amongst the metal stocks that led to a decline in the Nifty Metal Index. The Nifty Metal Index during the intraday trades on Monday, […]
Tata Steel
After a record-breaking performance in the previous trading session, Indian market struggled to maintain those gains today, with frontline indices losing over 1%. This decline was influenced by a sell-off in global peers, driven by weak US manufacturing and labor market data that reignited recessionary fears. Sector-wise, the metal sector […]
Stock Market Today: Tata Steel, JSW Steel, Jindal Steel and Power, Steel Authority of India Ltd (SAIL) share price have risen 5-36% year to date. While the steel demand is expected firm in the country and Union budget is also expected to provide impetus to infrastructure and housing activities benefitting […]
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 […]
The 30-share BSE Sensex is hovering above the Mount 80,000-mark, which the index first achieved on July 3, fuelled by its fastest-ever 10,000-point bullish rally in a record 58 sessions. The top 10 best-performing Sensex gainers reported a sharp surge of 15-75 per cent in their stock prices during the […]
The 30-share BSE Sensex achieved the historic 80,000 mark for the first time on Wednesday, July 3, fuelled by its fastest-ever 10,000-point bullish rally in record 58 sessions. The benchmark index hit the historic 80,000 level in six months, including a special live trading session on May 18, after hitting […]
Union Budget 2024: The Indian market is experiencing relentless bullish momentum characterized by a series of record highs, frequent milestone achievements, and the establishment of new benchmarks. On Thursday, June 27, the benchmark Nifty breached the 24,000 mark for the first time. Continuing the rally, the Nifty reached 24,100 points, […]
Steel demand in India is booming thanks to rapid economic growth and the government push on infrastructure spending. Yet, the Street does not seem excited about the prospects of JSW Steel, one of the largest domestic producers of the metal. So far this calendar year, JSW Steel shares have risen […]
In the broader markets, the Nifty Midcap 100 rose by 1.05%, and the Nifty SmallCap 100 gained 0.8%, both outperforming the main indices. The India VIX, a gauge of market volatility, closed 4.93% lower on Friday. Vinod Nair, Head of Research at Geojit Financial Services, noted a temporary slowdown in […]
Stock Market Today: Tata Steel share price after declining more than 5% on Thursday post Q4 results a day earlier, rebounded around 1% on Friday, during morning trades. Analysts said that Tata steel Q4 Results performance was decent but the stock reacted to the decline in per tonne India profitability […]