Stock market update: Nifty Auto index falls 0.34% in a weak market
(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)
Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mint
15 minutes ago
- Mint
Shares to buy in short term: Mehta Equities' Riyank suggests Laurus Labs, UPL, PNB stock to buy in short term
Stock market today: Indian stock markets began on a positive note on Tuesday, maintaining their upward momentum. Both key indices recorded early increases, although investor sentiment is still cautious as markets anticipate clarity on significant global events, especially regarding the Trump administration's proposed tax reforms in the US. At 11:56 IS, the Nifty 50 index was flat at 25,504 . 65, and Sensex too was flat at 83,588.14. Riyank Arora of Mehta Equities believes Nifty 50 is poised for a breakout above 25,650 level, which could lead the index toward 25,750, and eventually 26,000 in the coming sessions. Arora suggests three stocks to buy. Here's what he says about the overall market. Nifty 50 continues to trade with a positive bias and is approaching a key overhead resistance at 25,650. A breakout above this level could lead the index toward 25,750, and eventually 26,000 in the coming sessions. On the downside, 25,500 acts as a major support level; if breached, the next key support lies at 24,400. Overall trend remains positive, with momentum indicators supporting further upside, but traders should monitor price action closely near resistance levels for confirmation of continuation. Bank Nifty is maintaining strength but now faces a critical resistance at 57,600. A decisive close above this zone could take the index higher toward 58,000, where further supply pressure may emerge. On the lower side, 57,000 is an important support, and a breakdown below this could drag the index down to 56,750. Despite short-term consolidation, the trend remains positive, with higher support levels and strong participation from leading banking names. Riyank Arora recommends these three stocks in the short term - Laurus Labs Ltd, UPL Ltd, and Punjab National Bank (PNB). Buy | CMP: ₹ 724 | Stop Loss: ₹ 700 | Target: ₹ 800 Laurus Labs is witnessing bullish momentum after consolidating near its support zone. The breakout above ₹ 720 is supported by rising volumes and a firm RSI reading. The stock is trading above key moving averages, suggesting sustained strength. A move toward ₹ 800 is expected in the short term, while ₹ 700 should be kept as a protective stop loss. Buy | CMP: ₹ 660 | Stop Loss: ₹ 625 | Target: ₹ 750 UPL has shown a strong rebound from its support near ₹ 625 and has now crossed above the ₹ 655 resistance zone with good volume. RSI and MACD both indicate strengthening momentum. If the price sustains above current levels, it could head toward ₹ 750. A stop loss at ₹ 625 is advised to manage risk in case of reversal. Buy | CMP: ₹ 110 | Stop Loss: ₹ 104 | Target: ₹ 125 PNB has been showing steady accumulation and recently broke above the ₹ 108 resistance mark. The price structure is bullish, supported by rising RSI and a favorable MACD crossover. The banking sector's positive sentiment further enhances the setup. The stock looks well-positioned to rally toward ₹ 125, with a stop loss at ₹ 104 to safeguard positions. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Economic Times
16 minutes ago
- Economic Times
Bitcoin to $1 million? Rich Dad Poor Dad author Robert Kiyosaki stands firm on bold prediction with fresh investment
Robert Kiyosaki, author of the best-selling personal finance book Rich Dad Poor Dad, has once again backed Bitcoin—this time with a fresh investment, despite acknowledging the risk involved. ADVERTISEMENT 'Bought another Bitcoin today. I realize I could be wrong and a sucker. Would not be the first time in my life I was played for a fool,' Kiyosaki wrote in a post on X (formerly Twitter). Yet, he remains optimistic, 'I believe Bitcoin will one day soon be $1 million a coin. If I am a sucker, I'd rather be a sucker than a loser if Bitcoin does go to $1 million.' He also noted that he could afford to lose $100,000 because past mistakes had taught him valuable lessons. 'That's life. That's called wisdom and experience... which can be priceless,' he added. blockquote class="twitter-tweet"p lang="en" dir="ltr"Bought another Bitcoin today. I realize I could be wrong and a sucker. Would not be the first time in my life I was played for a I believe Bitcoin will one day soon….be $1 million a coin. If I am a sucker…. I'd rather be a sucker than a LOSER if Bitcoin does go to…/p— Robert Kiyosaki (@theRealKiyosaki) a href=" 1, 2025/a/blockquote script async src=" charset="utf-8"/script Kiyosaki's comments reflect his long-standing investment philosophy—prioritising the accumulation of assets like Bitcoin, gold, and silver over tracking short-term price movements. ADVERTISEMENT 'Poor people focus on price. Rich people on quantity,' he posted in a tweet on June 19, underlining his belief that long-term ownership matters more than market revealed he started buying Bitcoin when it was priced at $6,000 and regrets not buying more. He blamed "fake money"—a term he uses to describe fiat currency—for limiting his ability to accumulate further, criticising it for being inflationary and manipulated by central banks. ADVERTISEMENT 'In 2030, the probability is Bitcoin will be $1 million a coin,' he is not the first time Kiyosaki has made such a prediction. In April, he forecasted Bitcoin would surpass $1 million by 2035, gold would touch $30,000 per ounce, and silver would reach $3,000 per coin. He also warned of an impending financial crisis, urging investors to hedge against it with alternative assets. ADVERTISEMENT 'The quantity you own is more important for your future than the prices,' he said, summing up his broader message for those navigating volatile markets. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
&w=3840&q=100)
Business Standard
21 minutes ago
- Business Standard
Stock Market LIVE: Sensex, Nifty flat; PSB, pharma, metal stocks face heavy selling; SMIDs slip
Sensex Today | Stock Market LIVE on Tuesday, July 1, 2025: In the broader markets, the Nifty MidCap, and the Nifty SmallCap index were down 0.16 per cent and 0.11 per cent, respectively 12:10 PM Stock Market LIVE Updates: Eicher Motors shares rise after company posts June sales figures; Details Stock Market LIVE Updates: Eicher Motors known for its brand of Royal Enfield motorcycles, shares rose 1.6 per cent in trade on Tuesday, logging an intraday high at ₹5,742 per share on BSE. At 11:41 AM, Eicher Motors share price was trading 1.36 per cent higher at ₹5,731.35 per share on the BSE. The two-wheeler company in June posted a 22 per cent year-on-year (Y-o-Y) rise in overall sales to 89,540 units as compared to 73,141 units sold in June 2024. The company sold 76,680 units of models with engine capacity up to 350cc in June 2025 as compared to 61,465 units a year ago. READ MORE 12:00 PM Stock Market LIVE Updates: 12 PM Update- Sensex, Nifty muted amid broad-based selling Stock Market LIVE Updates: In the midday deals, BSE Sensex was at 83,652.77, up 46.31 points or 0.06 per cent and NSE Nifty50 was at 25,517.40, up 0.35 points. Among the sectoral indices, expect oil & gas, all traded in red. 11:39 AM Stock Market LIVE Updates: In an exchange filing, Eicher Motors revealed that its total sales for June increased 22 per cent year-on-year (Y-o-Y). 11:20 AM Stock Market LIVE Updates: M&M's auto sales volumes for June rises 14% Stock Market LIVE Updates: Mahindra & Mahindra in its June business update said that its overall auto sales for the month of June 2025 stood at 78,969 vehicles, a growth of 14 per cent, including exports. In the Utility Vehicles segment, Mahindra sold 47,306 vehicles in the domestic market, a growth of 18 per cent and overall, 48,329 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 20,575. 11:10 AM Stock Market LIVE Updates: This smallcap media company's stock zoomed 15% in trade Stock Market LIVE Updates: Prime Focus shares zoomed 15.2 per cent in trade on Tuesday, logging an intraday high at ₹160 per share on BSE. At 9:36 AM, Prime Focus share price was trading 8.03 per cent higher at ₹150 per share on the BSE. In comparison, the BSE Sensex was down 0.24 per cent at 83,807.06. The company's market capitalisation stood at ₹4,649.05 crore. Its 52-week high was at ₹164.9 per share and 52-week low was at ₹85 per share. In one year, Prime Focus shares have gained 4 per cent as compared to Sensex's rise of 5 per cent. READ MORE 11:02 AM Stock Market LIVE Updates: 11 AM Update- Sensex, Nifty flat; SMIDs slip further Stock Market LIVE Updates: At 11 AM, BSE Sensex was at 83,670.15, up 63.69 points or 0.08 per cent and NSE Nifty50 was up 6 points or 0.02 per cent at 25,524.95. On the broader markets front, Nifty Midcap and Smallcap were down 0.42 per cent and 0.33 per cent respectively. 10:38 AM 10:33 AM Stock Market LIVE Updates: VST Tillers share price sees sharp swing post June auto sales update Stock Market LIVE Updates: VST Tillers shares jumped 8.1 per cent from the day's low of Rs 3,659.4 per share, to hit an intraday high of Rs 3,957.25 per share. The sudden spike in VST Tillers share price came after the company reported a robust growth in June 2025 sales update. VST Tillers sold 7,149 units in the previous month, higher from 3,710 units sold in June 2024.
