Institutional investors are showing renewed confidence in India’s largest public sector lender, State Bank of India (SBI), as both foreign and domestic players raise their stakes amid strong earnings momentum and a positive outlook from analysts. In the September quarter, SBI reported a 10% year-on-year rise in standalone net profit to Rs 20,159 crore, up…
Stock Market Opening Bell: Indian stock markets opened on a positive note on Tuesday as investors awaited the outcome of the U.S. Federal Reserve’s monetary policy meeting, scheduled for announcement on Wednesday, September 17. At the opening bell, the BSE Sensex rose 109 points, or 0.13 per cent, to 81,895, while the NSE Nifty50 added 24 points,…
Trump’s tariff moves, coupled with weak Q1 earnings, weighed on domestic equities in August, pulling the BSE 500 index down nearly 2% during the month.. The gloom on D-Street was evident as 360 stocks in the broader index ended lower, with 65 names plunging up to 24%. PSU, infrastructure, and energy stocks bore the brunt,…
Market closing update: Indian equity markets ended lower on Thursday, August 28, as investors continued to digest the effect of new 50 per cent tariffs on US exports that came into force on Wednesday. At closing, the BSE Sensex dropped 562 points, or 0.70 per cent, settling at 80,224. The Nifty50 index closed down 163 points,…
Stock Market Closing: Indian equity benchmarks extended their winning streak for the fourth straight session, buoyed by strong gains in Reliance Industries and select auto stocks. The Sensex closed 371 points higher at 81,644.39 (+0.46 per cent), while the Nifty 50 ended just below the 25,000 mark at 24,981, up 104 points (+0.42 per cent). The…
Several stocks from the Nifty Mid-Small Cap 400 index are projected to deliver strong returns in the coming year, according to analyst estimates compiled by Trendlyne. Top picks include Bombay Burmah, Transformers & Rectifiers, Gravita, Sagility India, and Brainbees Solutions, with potential upsides ranging from 40% to over 90%. Source link