Analyst said that demand and consumption of electricity may further rise due to more intense heatwaves, with more frequent use of air conditioners, air coolers, and other appliances. AC, power stocks rally: Shares of cooling products manufacturers and power generation and distribution companies gained in trade today as an intensifying heat wave, especially in…
JP Morgan’s 2026 year-end bull / base / bear case targets for the Nifty 50 stand at 30,000 / 27,000 / 20,500 levels, respectively. JP Morgan has downgraded Indian equities to ‘neutral’ amid elevated valuations relative to emerging market (EM) peers, earnings risks, dilution concerns and limited exposure to ‘next-gen’ technology. The downgrade comes…
The equity benchmark indices Sensex and Nifty declined on Thursday, tracking a surge in crude oil prices, foreign fund outflows and weak cues from Asian markets. The Sensex settled 852.49 points or 1.09 percent lower at to 77,664, while the broader Nifty declined to 24,173.05, down 205.05 points or 0.84 percent. Twelve of…
Vodafone Idea stock has rallied up to 12 per cent thus far in April amid the broader market pullback. Hopes of a favourable Adjusted Gross Revenue (AGR) due assessment has also aided the up move. Despite the gains the stock still trades roughly 11 per cent in loss on a year-till-date basis. However, going…
The Nifty SmallCap index is the top performing broader market index in Tuesday’s trade thus far. The Nifty SmallCap 100 and SmallCap 250 have surged nearly 1 per cent today. The Nifty SmallCap index has rallied as much as 16.8 per cent from its recent low of 14,143 hit on March 23 to Tuesday’s…
Nifty 50 index hovers above the crucial resistance zone of 24,300 – 24,400, which remains a key hurdle for further upside. Analysts believe a sustained breakout above this range will be essential to strengthen bullish momentum and extend the rally towards the 24,800 – 25,000 levels. The Indian stock market traded with strong gains on…
Market outlook: While there are no immediate signs of weakness, a fresh leg of momentum would require a decisive breakout, which could pave the way for the next phase of the rally. Stock market outlook for Friday, April 17: Benchmark indices Sensex and Nifty gave up morning gains to settle in the red on Thursday.…
After an over 11 per cent crash in the month of March, benchmark indices – the Sensex and have rallied up to 9 per cent thus far in the month of April 2026 amid hopes of an end to the US-Iran conflict. On Wednesday, the Sensex quoted above the 78,000-mark for the first time…
DMart is unlikely to see meaningful same-store sales growth improvement, except for seasonal fluctuations and possible price hikes by brands, given the competitive intensity in the sector Emkay Global has initiated coverage on Avenue Supermarts, operating as DMart, with a ‘Sell’ rating, citing concerns over limited total addressable market (TAM) expansion, rising competition from quick…
Q4 results 2026: Around 50 companies will be releasing their March quarter results in the coming week. Here’s a full list of companies expected to report their Q4 earnings next week. Q4 results 2026: The earnings season has finally begun, with Tata Consultancy Services among the first companies to declare their financial results for the…