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Stock Market Highlights: Nifty snaps 10-day losing streak, ends above 22,300; Sensex soars 740 pts
05 Mar 2025 | 08:25:44 PM IST
A muscular bull charges forward, embodying the strength and upward momentum of a thriving bull market.
Synopsis
Sensex Today | Stock Market LIVE Updates | Indian benchmark indices, Sensex and Nifty traded higher on Wednesday, following gains in Asian peers, after Nifty faced its longest losing streak in three decades on Tuesday, driven by rising global trade tensions from U.S. President Donald Trump's tariff imposition on key trading partners.
Sensex Today | Stock Market LIVE Updates | Shares of Mahindra & Mahindra, Power Grid Corporation of India, State Bank of India, ICICI Bank, and Adani Enterprises led the gains on the Nifty 50 benchmark on Wednesday. The Nifty IT index rose 1.6%, while Nifty Auto gained 1.1%. Nifty Bank edged up 0.3%, buoyed by a 1.2% increase in index heavyweight ICICI Bank.
Why market is rising today? Here are key factors
Highlights of Trade
Top Reads
Global Markets Watch
Stock markets experienced a relief rally after US Commerce Secretary Howard Lutnick suggested the Trump administration might reverse some tariffs. Hong Kong shares led the way, boosted by China's economic growth target, which fueled expectations of additional stimulus.
Show moreWhy market is rising today? Here are key factors
- Rise in IT stocks
- PMI increased to 59.0 in Feb from 56.5 in Jan
- Asian & global markets rise
- Rupee rises 9 paise to 87.10 against US dollar
- Crude oil tumbles
Highlights of Trade
- Nifty IT index jumps over 2%
- HPCL, BPCL, IOC shares rally up to 5% on OPEC+ decision to increase production
- Coforge shares soar 10% on approving stock split, acquisition 2 cos
- BSE shares slump 9% after NSE shifts F&O expiry days to Monday
Top Reads
- Rs 8.2 lakh crore wiped off from Tata counters! Should you buy now or wait for stability?
- Expiry wars: NSE’s Monday move ups the stakes against BSE. What it means for F&O traders
- Jim Walker saw the 2008 stock market crash coming. Here’s what he predicts now
Global Markets Watch
Stock markets experienced a relief rally after US Commerce Secretary Howard Lutnick suggested the Trump administration might reverse some tariffs. Hong Kong shares led the way, boosted by China's economic growth target, which fueled expectations of additional stimulus.
- S&P 500 futures rose 0.6% as of 2:43 p.m. Tokyo time
- Japan’s Topix rose 0.3%
- Hong Kong’s Hang Seng rose 2%
- The Shanghai Composite rose 0.2%
- Euro Stoxx 50 futures rose 1.7%
1 New Update
US stocks open flat as investors focus on data, tariffs
Wall Street's main indexes had a subdued start on Wednesday, after a jobs report fanned concerns of a slowing economy, while investors awaited a potential softer approach from President Donald Trump on trade policy.
The Dow Jones Industrial Average fell 2.6 points, or 0.01%, at the open to 42,518.37. The S&P 500 rose 3.2 points, or 0.06%, at the open to 5,781.36, while the Nasdaq Composite rose 27.8 points, or 0.15%, to 18,312.965 at the opening bell. Read More
The Dow Jones Industrial Average fell 2.6 points, or 0.01%, at the open to 42,518.37. The S&P 500 rose 3.2 points, or 0.06%, at the open to 5,781.36, while the Nasdaq Composite rose 27.8 points, or 0.15%, to 18,312.965 at the opening bell. Read More
US eyes zero tariff on cars in India trade deal as Tesla entry nears, sources say
The United States wants India to eliminate tariffs on car imports under a proposed trade deal between the two nations, but New Delhi is reluctant to immediately bring down such duties to zero even as it considers further cuts, sources told Reuters.
India's high auto tariffs will feature in formal talks for a bilateral trade deal that are yet to begin, said one of the three sources, all of whom were briefed on the matter, paving the way for American electric vehicle maker Tesla, which is gearing up for an India launch.
Taxes on cars imported into India are as high as 110%, which Tesla chief Elon Musk has criticised as being among the steepest in the world. The EV giant last year shelved its plans to enter the world's third-largest car market for a second time.
India's high auto tariffs will feature in formal talks for a bilateral trade deal that are yet to begin, said one of the three sources, all of whom were briefed on the matter, paving the way for American electric vehicle maker Tesla, which is gearing up for an India launch.
Taxes on cars imported into India are as high as 110%, which Tesla chief Elon Musk has criticised as being among the steepest in the world. The EV giant last year shelved its plans to enter the world's third-largest car market for a second time.
Euro rallies as Germany's historic debt overhaul boosts growth outlook
The euro extended its rally on Wednesday and hovered near four-month highs as Germany's proposed 500 billion euro ($531 billion) infrastructure fund boosted Europe's growth prospects despite global trade tensions worrying investors.
The single currency is up nearly 3% this week, already on track for its best week since November 2022, taking another leg higher after a late Tuesday announcement from the parties hoping to form Germany's next government of the planned new fund and an overhaul of borrowing rules. Read More
The single currency is up nearly 3% this week, already on track for its best week since November 2022, taking another leg higher after a late Tuesday announcement from the parties hoping to form Germany's next government of the planned new fund and an overhaul of borrowing rules. Read More
Number of HNIs in India rises 6% in 2024 to 85,698; billionaires count moves up to 191: Knight Frank
Number of Indian high-net-worth individuals (HNWIs), those having assets more than USD 10 million, rose 6 per cent last year to 85,698 while billionaires count increased to 191 due to wealth creation, according to property consultant Knight Frank. On Wednesday, Knight Frank released its 'The Wealth Report 2025', which estimated the HNWI population in India at 85,698 in 2024, against 80,686 in the preceding year.
The number of HNWIs is expected to rise to 93,753 by 2028, reflecting India's expanding wealth landscape, the consultant forecast.
The number of HNWIs is expected to rise to 93,753 by 2028, reflecting India's expanding wealth landscape, the consultant forecast.
Oil drops for third day on OPEC+ output increase, Trump tariffs
Oil prices declined for a third day on Wednesday, as investors worried about OPEC+ plans to proceed with output increases in April, and U.S. President Donald Trump's tariffs on Canada, China and Mexico escalated trade tensions.
Brent futures fell $1.02, or 1.44%, to $70.02 a barrel by 1149 GMT. U.S. West Texas Intermediate (WTI) crude declined $1.33, or 1.95%, to $66.93 a barrel.
Brent futures fell $1.02, or 1.44%, to $70.02 a barrel by 1149 GMT. U.S. West Texas Intermediate (WTI) crude declined $1.33, or 1.95%, to $66.93 a barrel.
Tesla's German car sales continue their decline in February
Tesla saw its sales volume in Germany decline by more than three quarters in February, according to the German road traffic agency KBA, even though sales of electric vehicles picked up overall.
According to the KBA's website, Tesla sold 1,429 cars in Germany, a decline of 76%, an even bigger decline than the 60% drop in January. Overall, sales of electric vehicles rose 30.8% to 35,949 in Germany.
According to the KBA's website, Tesla sold 1,429 cars in Germany, a decline of 76%, an even bigger decline than the 60% drop in January. Overall, sales of electric vehicles rose 30.8% to 35,949 in Germany.
UK watchdog urges private asset firms to improve valuation processes
Britain's Financial Conduct Authority has urged firms managing private assets to improve how they identify and disclose potential conflicts of interest in valuation processes, as retail investors increase their exposure to non-public assets.
Britain is one of the largest centres for private market asset management in Europe with global demand for private equity, venture capital, private debt and infrastructure assets soaring.
In a speech in October 2024, FCA Chief Executive Nikhil Rathi estimated global private capital assets under management had risen to more than $14 trillion, triple the volumes estimated a decade ago.
Britain is one of the largest centres for private market asset management in Europe with global demand for private equity, venture capital, private debt and infrastructure assets soaring.
In a speech in October 2024, FCA Chief Executive Nikhil Rathi estimated global private capital assets under management had risen to more than $14 trillion, triple the volumes estimated a decade ago.
US stock futures bounce back after Trump official hints at potential tariff relief
U.S. stock index futures rose on Wednesday, bouncing back from a selloff in the previous session, after a top official said President Donald Trump could ease tariffs he has imposed on the country's top trade partners.
Late on Tuesday, Commerce Secretary Howard Lutnick said Trump, who has imposed 25% tariffs on Canada and Mexico, is considering granting some relief on imports, such as cars and autoparts, that comply with the U.S.-Mexico-Canada free-trade agreement.
In premarket trading, Ford rose 2.6%, General Motors added 5.4% and Tesla gained 1.8%, after logging sharp declines in the previous session.
Late on Tuesday, Commerce Secretary Howard Lutnick said Trump, who has imposed 25% tariffs on Canada and Mexico, is considering granting some relief on imports, such as cars and autoparts, that comply with the U.S.-Mexico-Canada free-trade agreement.
In premarket trading, Ford rose 2.6%, General Motors added 5.4% and Tesla gained 1.8%, after logging sharp declines in the previous session.
InCred Equities sees strong buying opportunity in Nifty, sets 12-month target at 27,000
The Indian indices ended their historic 10-day losing streak in today’s session as Nifty and Sensex both closed higher by over 1%. With this, domestic brokerage firm InCred Equities believes that Nifty at current prices make a compelling case for buying nifty for the next 9-12 months as it sets a target of 27,000 for the same.
InCred’s target indicates nearly a 21% upside potential from today’s close at 22,337.
InCred’s target indicates nearly a 21% upside potential from today’s close at 22,337.
60% of Nifty 50 companies saw EPS cuts in February, JM Financial sees more pain for banks
Earnings downgrades continued for Nifty 50 companies in February, with 60% of the index constituents witnessing cuts to their FY26 earnings estimates, according to JM Financial. While the proportion of downgrades eased from 72% in January, the brokerage remained cautious amid ongoing weakness in key sectors, including banks, cement, oil & gas, and consumer stocks.
"Nifty 50 has broadly remained flat over the last 12 months, while both FY25 and FY26 EPS were cut by 5.8%," JM Financial said. The brokerage added that downward revisions across FY25-27 estimates continued in February, with cuts in the range of 0.5-0.9%.
"Nifty 50 has broadly remained flat over the last 12 months, while both FY25 and FY26 EPS were cut by 5.8%," JM Financial said. The brokerage added that downward revisions across FY25-27 estimates continued in February, with cuts in the range of 0.5-0.9%.
Vipul Organics to raise Rs 20.41 cr via rights issue
pecialty chemicals maker Vipul Organics on Wednesday announced plans to raise up to Rs 20.41 crore via rights issue. Shares will be allotted in the ratio of 1:3. The rights issue price has been fixed at Rs 46 per share, according to a regulatory filing. The record date for the rights issue has been fixed on March 10 and will open on March 21, it added.
Retail investors moving away from F&O trading as Sebi curbs cut option premiums by 20%
Capital markets regulator Sebi's moves to take Indian retail investors away from the high risk derivatives trading seems to be working fine for now. Now that a large part of futures and options (F&O) regulations are in play, Kotak Equities found that there is nearly a 20% drop in retail premium turnover and traders.
Sebi, through its six-step framework, brought in various checks late last year that ranged from increasing the contract size of options to limiting weekly expiries to one per exchange. These rules were introduced after a study found that retail traders gambled their savings in these volatile trades over the last three years and lost nearly Rs 1.8 lakh crore.
Sebi, through its six-step framework, brought in various checks late last year that ranged from increasing the contract size of options to limiting weekly expiries to one per exchange. These rules were introduced after a study found that retail traders gambled their savings in these volatile trades over the last three years and lost nearly Rs 1.8 lakh crore.
Axis Mutual Fund appoints Nandik Mallik as Head - Equity & Hybrid for its proposed SIFs
Axis Asset Management Company has announced the proposed appointment of Nandik Mallik as Head - Equity and Hybrid for its proposed SIFs. Axis Mutual Fund recognizes the significant potential in the newly notified product category i.e. Specialised Investment Funds (SIFs) space Nandik will spearhead Axis AMC’s efforts in this emerging category..
Nandik is a seasoned financial services professional with over two decades of experience, most of it in the asset management space.
Nandik is a seasoned financial services professional with over two decades of experience, most of it in the asset management space.
Auto sector valuation premium over Nifty falls from Sept 27 peak
Auto sector's valuation premium over the Nifty has dropped to 20% from 37% at the September 27, 2024 peak, thanks to a sharp fall of 27% in the auto stocks versus 16% fall in the Nifty during this period. The auto sector current price-to-earnings (P/E) multiple based on FY26E EPS stands at 22.4X versus Nifty's 18.5X, according to a note published by SBI Securities.
Nifty Auto's P/E multiple at the lifetime high of 27,696.10 stood at 30 as against Nifty's P/E multiple of 21.9 at an all-time high level of 26,277.35, the SBI Securities note said. Read More
Nifty Auto's P/E multiple at the lifetime high of 27,696.10 stood at 30 as against Nifty's P/E multiple of 21.9 at an all-time high level of 26,277.35, the SBI Securities note said. Read More
Broad dollar weakness helps rupee post best day in over three weeks
The rupee gained 0.3% to 86.9550 against the dollar, its best rise since Feb 11, aided by dollar sales and a weaker US dollar. Asian currencies rose as the dollar index dropped to a four-month low.
Sector View: Nifty sectoral indices ended in green
Nifty sectoral indices saw broad-based gains, with Nifty Metal leading at +4.04%, followed by PSU Bank (+3.00%) and IT (+2.13%). All sectors closed positive, indicating strong market sentiment across industries.
Market Stats: Advance-decline ratio in favour of buyers
The market saw strong breadth with 3,241 advancing stocks against 771 declines. While 52 stocks hit 52-week highs, 196 touched lows. Notably, 371 stocks hit the upper circuit, while 193 were in the lower circuit.
Top Nifty gainers and losers in today's session
Price as on 03.38.52 PM, Click on company names for their live prices.
Nifty snaps 10-day losing streak
Sensex Heatmap: 26 of 30 Sensex stocks end in the green
The market closed with strong gains, led by Adani Ports, Tata Steel, and Tech Mahindra. Banking stocks like HDFC Bank and IndusInd Bank declined, while Bajaj Finance saw the biggest drop at 3.49%.
Sensex soars 740 points; Adani Ports, Tata Steel up 5% each
Sensex Today | Up to 40% return! Top equity mutual funds that gave highest return on lumpsum investments in 5 years
- Quant Small Cap Fund led with 39.60% CAGR, turning Rs 1 lakh into Rs 5.30 lakh in five years.
- Bandhan Small Cap Fund delivered 30.90% CAGR, reaching Rs 3.84 lakh from Rs 1 lakh.
- Nippon India & ICICI Prudential Infra Funds posted 29.54% CAGR, growing Rs 1 lakh to Rs 3.64 lakh.
- SBI Contra, Quant, Bank of India, Motilal Oswal & Tata Small Cap Funds yielded 26-28% CAGR.
Stock Market LIVE Updates | Abhay Agarwal sees market bottoming out as aggressive FPI selling slows
Market volatility stems from low trading volumes, with a potential bottom by April. Rising domestic consumption and FPI inflows favor banking and financial stocks, while focus shifts from large-cap defensives to high-growth small and midcap opportunities. Read More
Sensex Today | Samco Large Cap Fund opens for subscription. Are largecaps right choice now?
Samco Mutual Fund’s NFO for Samco Large Cap Fund is open until March 19. The open-ended equity scheme targets large-cap stocks, aiming for long-term growth using SAMCO’s C.A.R.E. momentum strategy to identify high-quality, growth-driven opportunities. Read More
Sensex Today | Stock Market LIVE Updates | India VIX down nearly 2%
Sensex Today | Stock Market LIVE Updates | Sebi's F&O cleanup takes 20% retail options traders away from derivatives market
Sebi's F&O regulations have cut retail premium turnover by 20% and options contracts by 80%. Retail participation fell sharply, especially for small traders. Institutional volumes also declined, with further restrictions under discussion. More tightening appears unlikely for now.
Stock Market LIVE Updates | Russian rouble firms towards 89 against dollar
The Russian rouble rebounded 0.3% to 89.50 per dollar after five losing sessions, driven by hopes of sanctions relief. Analysts expect consolidation against the yuan and potential strengthening as exporters convert FX for tax payments.
Stock Market LIVE Updates | European shares jump as Germany loosens debt brake
European stocks rebounded after Germany eased fiscal rules, with the DAX surging 2.6% and STOXX 600 up 1.1%. Markets recovered from their worst day in six months, triggered by Trump’s 25% tariffs on Mexican and Canadian imports.
Sensex Today | Stock Market LIVE Updates | Crude oil price falls to $70 per barrel. Emkay likes these stocks
Brent crude fell to $70 as OPEC+ unwinds production cuts. Emkay Global sees this as favorable for Indian OMCs but with limited impact on upstream players. Oil stocks rallied, with ONGC, Oil India, and GAIL gaining on Wednesday.
Sensex Today | Stock Market LIVE Updates | Top gainers and losers at this hour
Price as on 02.05.00 PM, Click on company names for their live prices.
Sensex Today | Rs 94 lakh cr investor wealth wiped-off from stocks markets, but tax loss harvesting can salvage your income
- Tax-Loss Harvesting: Investors can offset stock market losses against capital gains to reduce tax outgo.
- Revised Tax Rates: STCG increased to 20%, LTCG to 12.5% post-July 23, 2024.
- Market Impact: Nifty & Sensex down 15% from peak, investor wealth eroded by Rs 94 lakh crore.
- Tax-Saving Tips: Offset short-term gains, optimize dividends, consider ELSS, carry forward losses.
- Portfolio Strategy: Regular rebalancing, tax-efficient investments, and smart deductions help minimize tax liability.
Sensex Today | Markets in flux: The valuation framework investors need to navigate uncertainty
- Markets in correction for five months, longest since 1996.
- Newer investors haven't seen such prolonged declines.
- Ups and downs are a natural market cycle.
- Understanding framework behind stock movements is key. Read More
Sensex Today | BEL fixes March 11 as record date for Rs 1.50 per share interim dividend
- BEL sets March 11 as the record date for interim dividend.
- Dividend per share: Rs 1.50 for FY25.
- Board approval aligns with SEBI regulations.
- Exchange filing confirms shareholder eligibility. Read More
Price as on 01.50.00 PM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | Gensol Engineering shares plunge 28% in 2 days after CARE Ratings downgrade
Gensol Engineering shares tumbled 10% to a 52-week low after a 28% two-day slide. The drop followed CARE Ratings' downgrade over loan repayment delays, triggering heavy selling and a lower circuit hit.
Price as on 01.45.00 PM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | Nifty sectoral indices trading in green
Nifty sectoral indices are in the green, with Nifty Auto (+2.46%), Media (+2.56%), and IT (+2.20%) leading gains. PSU Bank (+2.17%) and Realty (+2.02%) also surged, signaling broad market strength.
Sensex Today | Stock Market LIVE Updates | Market Stats: Advance-decline ratio in favour of buyers
Stock Market LIVE Updates | Japan's Nikkei closes higher after choppy session amid trade war fears
Japan's Nikkei edged up 0.2% to 37,418.24 after volatile trade, while Topix gained 0.3%. Early gains of 0.7% faded as focus returned to U.S. tariffs, despite no fresh negative signals from Trump’s congressional address, analysts noted.
Sensex Today | Stock Market LIVE Updates | Sector Watch: Sea of Green
Sensex Today | Stock Market LIVE Updates: IT raid underway at Arihant Superstructures and unlisted co-Global Group: Report
Price as on 01.08.28 PM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates: Nifty snaps 10-day losing streak. Is it just a dead cat bounce rally?
In a sharp reversal, the Sensex soared 900 points on Wednesday, while the Nifty ended its historic 10-day losing streak—the longest since its inception in 1996. The rally followed oversold signals from technical indicators, sparking debate on whether this marks a true recovery or a temporary bounce amid persistent concerns over Trump’s tariff threats.
Also Read: Sensex jumps 900 points, Nifty snaps 10-day losing streak. Is it just a dead cat bounce rally?
Also Read: Sensex jumps 900 points, Nifty snaps 10-day losing streak. Is it just a dead cat bounce rally?
Sensex Today | Stock Market LIVE Updates: Global Market Check
- S&P 500 futures rose 0.5% as of 6:31 a.m. London time
- Nasdaq 100 futures rose 0.6%
- The MSCI Asia Pacific Index rose 0.8%
- Japan’s Topix rose 0.3%
- Hong Kong’s Hang Seng rose 2.2%
- The Shanghai Composite rose 0.4%
- Euro Stoxx 50 futures rose 1.8%
Sensex Today | Stock Market LIVE Updates | Sensex rallies over 900 points
Sensex Today | Stock Market LIVE Updates | Nifty metals stocks trading in green
Sensex Today | Stock Market LIVE Updates | Top gainers and losers at this hour
Price as on 12.28.19 PM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | BEL shares rise 3%
The company declared dividend of Rs 1.5 per share
Price as on 12.27.39 PM, Click on company names for their live prices.
Stock Market LIVE Updates | Global Markets Watch
- S&P 500 futures rose 0.6% as of 2:43 p.m. Tokyo time
- Japan’s Topix rose 0.3%
- Hong Kong’s Hang Seng rose 2%
- The Shanghai Composite rose 0.2%
- Euro Stoxx 50 futures rose 1.7%
Sensex Today | Steel Stocks In Focus: Tata Steel, SAIL shares rise up to 4% after China announces plans for steel output cuts
China will restructure its giant steel industry through output cuts, although it did not announce any target in its most recent intervention to address overcapacity in the sector, which is sparking world trade frictions.
The world's largest steelmaker and consumer will "promote restructuring of the steel industry through output reduction", according to an official report on Wednesday.
The world's largest steelmaker and consumer will "promote restructuring of the steel industry through output reduction", according to an official report on Wednesday.
Price as on 12.05.06 PM, Click on company names for their live prices.
FOREX NEWS | Dollar Index drops to 105.48, its lowest level since December 6
Stock Market LIVE Updates | Sensex soars over 800 pts, Nifty above 22,350; here are top factors aiding the rally
- Rise in IT stocks
- PMI increased to 59.0 in Feb from 56.5 in Jan
- Asian & global markets rise
- Rupee rises 9 paise to 87.10 against US dollar
- Crude oil tumbles
Sensex Today | Stock Market LIVE Updates | Top Nifty50 Gainers
Trent shares rise 6%, M&M 5%
Price as on 11.49.43 AM, Click on company names for their live prices.
Stock Market LIVE Updates | SENSEX SOARS 700 PTS
Nifty50 Today | Stock Market LIVE Updates | Nifty back above 22,300 level
The 50-share index rose over 200 pts to the day's high of 22,324.80.
Sensex Today | Patanjali Foods shares rise after LIC inceases sake in the company
LIC increases stake in Patanjali Foods to 7.063% from 5.020%.
Price as on 11.35.45 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | Muthoot Microfin shares rise
The company has received approval to conduct Aadhaar enabled e-KYC for customer onboarding.
Price as on 11.27.55 AM, Click on company names for their live prices.
Gold Price Today: Yellow metal trades flat at Rs 85,950/10 gms, silver gains Rs 425/kg
Driven by safe-haven buying, Gold April futures contracts on the MCX remained flat during Wednesday’s trade, following a rise in the previous session. Around 10:40 am, they were trading at Rs 85,950 per 10 grams, showing little change with a slight negative bias, down by Rs 76 or 0.09%.
In contrast, Silver March futures were slightly higher, up by Rs 425 or 0.45%, trading at Rs 95,155.
In contrast, Silver March futures were slightly higher, up by Rs 425 or 0.45%, trading at Rs 95,155.
Sensex Today | Stock Market LIVE Updates | KEC International shares rise 2%
The company has received Rs 177 cr income tax refund.
Price as on 11.12.17 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | Adani Group stocks surge up to 8%
Shares of Adani Green and Adani Transmission soared over 7.5%. Adani Ent gains 4%.
Price as on 11.07.59 AM, Click on company names for their live prices.
Stock Market LIVE Updates | Brokerage Take: Morgan Stanley on Coforge
Morgan Stanley (MS) has assigned an Overweight (OW) rating to Coforge, with a target price of Rs 11,500.
The company has secured its largest deal to date, expected to contribute to revenue starting from Q1 FY26. If the deal progresses as projected, it could generate an additional $80–120 million in revenue for FY26, resulting in a 5–8% growth for the following year.
The company has secured its largest deal to date, expected to contribute to revenue starting from Q1 FY26. If the deal progresses as projected, it could generate an additional $80–120 million in revenue for FY26, resulting in a 5–8% growth for the following year.
Price as on 10.57.02 AM, Click on company names for their live prices.
Stock Market LIVE Updates | Sensex rallies over 600 pts; RIL, M&M lead contributors
Sensex Today | Textile stocks jump up to 5%; Welspun Corp, Siyaram Silk shares rise
India aims to increase textile exports to the U.S. market; the Textile Ministry will soon chair a key meeting with industry stakeholders.
Price as on 10.41.14 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | Larsen & Toubro receives work order
L&T gets orders in the range of ₹1,000-₹2,500 cr for building & factories business.
Price as on 10.36.45 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | India composite PMI at 58.8 vs 57.7 in Jan
Sensex Today | Tata Motors shares jump 2% after Morgan Stanley sets Rs 853 target
Morgan Stanley assigned an Equal-Weight rating to the stock, setting a target price of Rs 853 per share. The target price suggests an upside potential of nearly 38% from the stock's closing price on Tuesday.
Price as on 10.25.37 AM, Click on company names for their live prices.
Stock Market LIVE Updates | China, HK shares gain as Beijing vows more support for consumption, AI
China and Hong Kong shares rose on Wednesday after Beijing set an ambitious economic growth target and promised more support for domestic consumption and the tech sector amid escalating trade tensions with the United States.
- The blue-chip CSI300 Index and the Shanghai Composite both gained 0.3%
- Hong Kong's Hang Seng Index rose 1.7%
- Hang Seng Tech Index climbed 1.9%.
Sensex Today | Stock Market LIVE Updates | Rupee rises 9 paise to 87.10 against US dollar in early trade
The rupee gained 9 paise to reach 87.10 against the US dollar in early trade on Wednesday, supported by the broad weakening of the US dollar and falling crude oil prices.
Forex traders mentioned that US President Donald Trump's tariff escalation triggered a chain reaction in global markets, causing the dollar to slide.
Forex traders mentioned that US President Donald Trump's tariff escalation triggered a chain reaction in global markets, causing the dollar to slide.
Sensex Today | Stock Market LIVE Updates | Indian bonds consolidate as 10-year bond yield tops 6.75%
Indian government bond yields consolidated on Wednesday after the benchmark bond yield rose above the 6.75% mark to its highest in over six weeks as broader sentiment remained cautious amid heavy debt supply.
The benchmark 10-year yield was at 6.7401% as of 10:00 a.m. IST, compared with its previous close of 6.7447%. Earlier in the day, it had hit 6.7530%, its highest since January 20.
The benchmark 10-year yield was at 6.7401% as of 10:00 a.m. IST, compared with its previous close of 6.7447%. Earlier in the day, it had hit 6.7530%, its highest since January 20.
Stock Market LIVE Updates | Brokerage Take: JPMorgan on M&M Financial Services
--Maintain Overweight (Assume Coverage)| Target Rs 320 (from 235)| LTP Rs 266| Upside 20%
The firm believes M&M Financial is well-positioned to capitalize on positive rural momentum, which could drive its growth in the upcoming quarters. The company's Return on Assets (ROA) has stabilized within a reasonable range of 1.8-2%.
Additionally, Net Interest Margins (NIMs) are expected to improve due to a favorable interest rate cycle, stronger core fee income, and a robust tractor cycle. Significant improvements in flow rates were observed in Q3, indicating healthier asset quality.
The firm believes M&M Financial is well-positioned to capitalize on positive rural momentum, which could drive its growth in the upcoming quarters. The company's Return on Assets (ROA) has stabilized within a reasonable range of 1.8-2%.
Additionally, Net Interest Margins (NIMs) are expected to improve due to a favorable interest rate cycle, stronger core fee income, and a robust tractor cycle. Significant improvements in flow rates were observed in Q3, indicating healthier asset quality.
Sensex Today | Stock Market LIVE Updates | Coforge shares surge 10% on approving 1:5 stock split, acquisition of Rythmos, TMLabs
the company announced a 1:5 stock split and the acquisition of two companies through its subsidiaries: Rythmos Inc. and TMLabs Pty.
Read More
Read More
Price as on 09.52.31 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | Sensex gains over 500 pts
Sensex Today | Stock Market LIVE Updates | Nifty IT rises over 2%; check out the top gainers from the pack
Coforge shares surge 9%, HCL Tech 3%.
Price as on 09.47.00 AM, Click on company names for their live prices.
Stock Market LIVE Updates | HPCL, BPCL, IOC shares rally up to 5% on OPEC+ decision to increase production
The oil group's decision to gradually increase production is seen as positive for India’s state-owned refiners, as it will enhance their gross marketing margins on retail fuel. According to Citigroup Inc., Hindustan Petroleum, Bharat Petroleum, and Indian Oil should be able to compensate for the losses from LPG (cooking gas) sales with higher margins on gasoline and diesel.
Price as on 09.42.00 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | Top Sensex Gainers
HCL Tech, Tech Mahindra among top gainers at this hour.
Price as on 09.37.27 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | Sensex rises over 400 pts
Stock Market LIVE Updates | Trump wants to kill $52.7 billion semiconductor chips subsidy law
President Donald Trump said Tuesday U.S. lawmakers should get rid of a landmark 2022 bipartisan law to give $52.7 billion in subsidies for semiconductor chips manufacturing and production and use the proceeds to pay debt.
"The CHIPS act is a horrible, horrible thing. We give hundreds of billions of dollars and it doesn't mean a thing. They take our money and they don't spend it," Trump said in a speech to Congress. "You should get rid of the CHIPS Act and whatever is left over, Mr. Speaker, you should use it to reduce debt."
"The CHIPS act is a horrible, horrible thing. We give hundreds of billions of dollars and it doesn't mean a thing. They take our money and they don't spend it," Trump said in a speech to Congress. "You should get rid of the CHIPS Act and whatever is left over, Mr. Speaker, you should use it to reduce debt."
Sensex Today | Stock Market LIVE Updates | BSE shares slump 7% after NSE shifts F&O expiry days to Monday
The National Stock Exchange (NSE) announced that it has shifted the F&O expiry days for Nifty, Bank Nifty, FinNifty, Nifty Next50, and Nifty Midcap Select to Mondays.
Price as on 09.29.58 AM, Click on company names for their live prices.
Forex News | Rupee falls in early trade
Rupee falls 1 paisa to 87.20 against US dollar.
Sensex Today | Stock Market LIVE Updates | Top Movers
IDBI Bank, RVNL among top movers in morning trade.
Price as on 09.21.43 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates | Nifty50 rises above 22,100 level
Sensex Today | Stock Market LIVE Updates | Opening Bell
Sensex gains 200 pts, Nifty above 22,100; M&M, Power Grid rise 2% each
Sensex Today | Stock Market LIVE Updates | Pre-open numbers
Sensex marginally higher, Nifty below 22,100 in pre-open session
Sensex Today | Stock Market LIVE Updates | Is Indian market, specially IT, facing structural issues? Anand Tandon explains
Anand Tandon, Independent Analyst, highlights that while two lakh people are added to the IT workforce annually, not all will secure jobs in the future, and some may face gradual layoffs. He emphasizes that this issue is not getting enough attention and is not cyclical but structural. Tandon suggests that India must identify another industry capable of growing in the same manner.
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Stock Market LIVE Updates |Rupee, alongside Asian peers, to sway to US tariff news flow
The Indian rupee's intraday direction on Wednesday will be dictated by moves in the Asia FX space amid news on U.S. President Donald Trump's tariffs.
The 1-month non-deliverable forward indicated that the rupee will open largely unchanged to the U.S. dollar from 87.2650 in the previous session.
The 1-month non-deliverable forward indicated that the rupee will open largely unchanged to the U.S. dollar from 87.2650 in the previous session.
Stock Market LIVE Updates | Australia shares hit 10-week low on trade war worries; banks bleed
Australian shares hit a 10-week low on Wednesday, led by a sharp sell-off in banking stocks, as markets panicked over the fallout of a trade war triggered by U.S. President Donald Trump's fresh tariffs.
The S&P/ASX 200 index was trading 1.1% lower at 8,109.60 points as of 0156 GMT, its lowest since December 23, 2024. The benchmark has lost 6% since the all-time high scaled on February 14.
The S&P/ASX 200 index was trading 1.1% lower at 8,109.60 points as of 0156 GMT, its lowest since December 23, 2024. The benchmark has lost 6% since the all-time high scaled on February 14.
Sensex Today | Stock Market LIVE Updates | Sebi looking at proposal to ease curbs on short-selling in stocks
The Securities and Exchange Board of India (Sebi) is considering a proposal to relax restrictions on short-selling, a trading strategy that involves betting on a decline in the prices of assets, for most stocks.
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Sensex Today | Stock Market LIVE Updates | AU Bank can beat stress by growing its secured book
The stock of AU Small Finance Bank (AUSFB) has fallen by 8% over the past month, underperforming the 4% decline in the BSE Bankex. The bank's credit cost and non-performing assets (NPA) were higher during the first nine months of FY25, primarily due to challenges in the microfinance and credit card segments.
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Sensex Today | Stock Market LIVE Updates | Shock Market: Index yearly return charts slip into red
The stock market's nearly continuous decline since late September has erased all the gains made by Indian benchmark indices over the past year. The Nifty 50 and Sensex are down 1.4% and 1.2%, respectively, on the yearly returns charts, while the Nifty Smallcap 250 has seen the steepest drop, falling by 7.7%.
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Stock Market LIVE Updates | Oil falls as OPEC+ plans to raise output, U.S. tariffs hammer sentiment
Oil prices fell for a third session on Wednesday as plans by major producers to raise output in April combined with concerns U.S. tariffs on Canada, Mexico and China will slow economic and fuel demand growth hammered investor sentiment.
Brent futures eased 15 cents lower to $70.89 a barrel at 0200 GMT. In the previous session, the contract fell to as low as $69.75, its lowest since September 11, and settled at their lowest since that day as well.
Brent futures eased 15 cents lower to $70.89 a barrel at 0200 GMT. In the previous session, the contract fell to as low as $69.75, its lowest since September 11, and settled at their lowest since that day as well.
Sensex Today | Stock Market LIVE Updates | Sentiment on D-Street most bearish since Covid
Investor sentiment is at its most bearish since March 2020, when the market crashed at the onset of COVID-19. The Advance Decline Ratio, a key indicator of investor sentiment and market strength, was at 0.72 in February, marking the lowest level in five years.
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Sensex Today | Stock Market LIVE Updates | Stocks in news: Adani Wilmar, Ola Electric, Ambuja Cements, Power Grid, JSW Energy
Markets remained subdued for another day, closing slightly lower and continuing the ongoing corrective phase. In today's session, shares of Adani Wilmar, Ola Electric, Ambuja Cements, Power Grid, JSW Energy, and others will be in focus due to various news developments.
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Sensex Today | Stock Market LIVE Updates | GIFT Nifty (Earlier SGX Nifty) signals a muted start
GIFT Nifty on the NSE IX traded lower by 20 points, or 0.09 per cent, at 22,124.50, signaling that Dalal Street was headed for muted start on Wednesday.
Sensex Today | Stock Market LIVE Updates | ONGC In Focus
Indian oil explorer Oil and Natural Gas Corp announced that its subsidiary has acquired clean energy company PTC Energy for Rs 925 crore ($106.02 million) as part of its efforts to expand its green energy portfolio.
Stock Market LIVE Updates | Tariff-exposed stocks feel the squeeze as trade war heats up
Shares of U.S. companies were under pressure after the latest escalation in Washington's trade war, with new tariffs on Canada and Mexico expected to hit earnings in several sectors, including automobiles, aerospace, retail and housing.
Economically sensitive stocks such as airlines and banks led declines on Wall Street's main indexes on Tuesday on the new tariffs. Monday, the benchmark S&P 500 suffered its worst day of this year after the U.S. tariffs were confirmed.
Economically sensitive stocks such as airlines and banks led declines on Wall Street's main indexes on Tuesday on the new tariffs. Monday, the benchmark S&P 500 suffered its worst day of this year after the U.S. tariffs were confirmed.
Sensex Today | Stock Market LIVE Updates | Forex News
- The euro was little changed at $1.0617
- The Japanese yen was little changed at 149.90 per dollar
- The offshore yuan fell 0.2% to 7.2643 per dollar
Sensex Today | Stock Market LIVE Updates | Global Markets Watch
- S&P 500 futures rose 0.5% as of 10:06 a.m. Tokyo time
- Hang Seng futures rose 0.5%
- Nikkei 225 futures (OSE) fell 0.2%
- Japan’s Topix was little changed
- Australia’s S&P/ASX 200 fell 1%
- Euro Stoxx 50 futures rose 1.4%
