Page 13 - Stock Market Today

Tech outage: Exchanges say business as usual, some brokers face issues

Cash, derivatives segment volumes hold steady

Friday fright: Nearly Rs 8 trillion wiped out as stock markets tumble

Benchmarks snap 4-day winning run amid global IT outage

NSE, BSE say functioning remains normal; unaffected by Microsoft outage

Meanwhile, the two leading Indian stock exchanges announced that they are not impacted due to Microsoft outage.

Multiple triggers ahead for affordable housing finance companies

Investor interest in AHFCs has increased, given expectations of measures in the Budget to boost the affordable housing market as well as the growth trajectory

Stock exchanges, MIIs to face independent evaluation on eight parameters

Independent evaluation to be done on eight broad parameters

Demand recovery hopes, valuations to support Hindustan Unilever stock

The FMCG sector is hoping for demand recovery with hopes of a better monsoon helping rural demand and expectations of a pro-consumption Budget

Trading activity to hinge on Q1 results, global trends in the week ahead

In the week ahead, economic data like China GDP, EuroZone CPI inflation, ECB policy, and the US Fed chair speech will be watched by investors to get cues on market momentum

Mcap of 7 of top-10 most valued firms jump Rs 1.72 trn; TCS steals show

Reliance Industries retained the title of the most valued firm followed by TCS, HDFC Bank, ICICI Bank, Bharti Airtel, State Bank of India, Infosys, LIC, Hindustan Unilever and ITC

Market capitalisation of BSE Midcap firms a whisker away from $1 trn

On Friday, the cumulative mcap of midcap firms settled at $0.96 trillion

Rerating potential in Axis Bank stock, may be among top outperformers

Axis Bank may be capable of growing faster than peers and it may see a decline in operating expenses ratio from current levels

Yen choppy amid intervention concerns, Asian shares eye weekly gain

Moves in the yen against the dollar and other major currencies stole the spotlight on Friday

Reliance Jio listing: Tariff hikes a trigger, but spinoff better option

The current minority investors in Jio may prefer the spin off route and RIL could also consider buyout of current institutional stakeholders in Jio after the spin off if it wanted to shore up stake

Optimism in natural gas distribution co MGL's stock appears fully priced in

MGL distributes gas through an extensive CGD network of pipelines, and supplies CNG to 0.77 million vehicles and PNG to 1.53 million domestic households

Analysts divided on GAIL's prospects; limited fresh gains in the offing

Analysts believe that there could be tariff hikes of 10-12 per cent starting in H2FY25 and continuing through FY26 and this could boost FY26 net profit as well

Maruti drives mkt euphoria: Nifty hits fresh high, Sensex up over 300 pts

M&M, Tata Motors also drive up gains despite strong hybrid absence

Downgrades, competition likely to keep Titan Company's stock under pressure

Titan reported sales growth of about 9 per cent Y-o-Y in Q1FY25

Earnings upgrade, valuation uptick for consumer companies' stocks

Increasing trends of premiumisation and volume growth may also expand operating margins by 50-75 basis points, despite higher marketing expenses and competition

Rebound from election-result day setback; Nifty up 11% in one month

Sensex has added nearly 10,000 points over the past one month

Largecap, midcap threshold rises around 25% amid stock market rally

The threshold has jumped from Rs 67,000 crore and Rs 22,000 crore after the end of the previous rebalancing in December 2023

Asian stocks notch records, pound stable after Labour Party's victory

A slowdown in hiring and small uptick in unemployment is forecast, would leave open the door for US rate cuts