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Can Nifty hit 30,000 in H2 2025? Buy or sell FMCG, Auto stocks? Chart check
The Nifty can potentially surge another 9% to hit levels of around 28,000-mark in the coming months; among sectors, auto and metal may see up to 20 per cent upside, suggest technical charts.
Rex Cano Mumbai
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Benchmark equity indices are set to end the first-half of the calendar year 2025 on a firm note. The National Stock Exchange (NSE) benchmark, the Nifty 50 index, has gained 8.4 per cent thus far this year, while its counterpart the Bombay Stock Exchange (BSE) Sensex has advanced 7.6 per cent. Sectorally, the Nifty Bank index has been the top performer, up 12.7 per cent in the last six months and now quoting at new life-time highs. Followed by, the Nifty Metal and Oil & Gas indices, which have surged more than 10 per cent
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Time of India
14 minutes ago
- Time of India
Surat, A'bad record steep fall in equity investor registrations
Ahmedabad: With the stock market showing high volatility, Gujarat in May saw a steep fall in new equity investor registrations. Surat registered the biggest decrease — 64% — in April and May compared to the monthly average of the 2025 financial year, while Ahmedabad saw a 62% decrease, a National Stock Exchange (NSE) report shows. Ahmedabad, with 10,000, and Surat (9,400) still ranked among the top 10 districts despite the sharp fall as the state overall registered 56,200 new additions in May to cross the 1 crore unique investors mark. Gunjan Choksi, director of a stock broking firm, said, "Since Jan, there has been a drop in new investors because markets witnessed a bear phase. However, June saw revival in sentiments, we will soon see new investors joining the market in significant numbers." You Can Also Check: Ahmedabad AQI | Weather in Ahmedabad | Bank Holidays in Ahmedabad | Public Holidays in Ahmedabad According to the NSE report, within the top 10 districts, Surat saw the steepest drop with a 64% decline in monthly new investor registrations (from ~24,000 in FY25 to ~8,800 in FY26TD), followed closely by 62% in Ahmedabad (from ~24,000 in FY25 to ~9,200 in FY26TD). These two districts significantly influenced the decline in Gujarat's new investor registration momentum. In Maharashtra, Mumbai and Pune recorded 43% and 45% declines respectively in their average monthly run-rates of new investor registrations in FY26TD (as of May 2025) compared to FY25. "In May 2025, investor registrations saw a revival, crossing the 11-lakh mark and breaking a four-month streak of consecutive declines. Uttar Pradesh accounted for the highest share of new additions in May 2025 at 14%, followed by Maharashtra (12%), Tamil Nadu and West Bengal (7% each), and Bihar (6%). Together, these five states contributed 46% of the month's total new registrations. However, the new registration during the month was notably lower than the 17.6 lakh additions recorded in May 2024. During the first two months of FY26, the average monthly investor registrations stood at 10.6 lakh investors — 39% lower than the FY25 monthly average of 17.4 lakh," the report said. It added that all states experienced a decline in their monthly run-rate when comparing the average for FY26TD (as of May 2025) against the full-year average of FY25. "Gujarat recorded the sharpest fall at 63% (from an average of ~1.4 lakh in FY25 to ~52,600 in FY26TD), followed by Rajasthan at 50%. Even the top two states by total investor base saw a notable drop — Maharashtra's monthly average new registrations fell 44% (1.2 lakh in FY26TD vs 2.2 lakh in FY25), while Uttar Pradesh recorded a decline of 39% (1.5 lakh in FY26TD vs 2.5 lakh in FY25)," the report said.


Time of India
29 minutes ago
- Time of India
Sigachi scrip plunges 15% after blast rocks Pashamylaram unit
Hyderabad: The blast that tore through the Pashamylaram facility of Hyderabad-based Sigachi Industries on Monday morning sent the company's scrip plummeting by nearly 15% on the bourses. Shares of Sigachi Industries crashed to Rs47 a piece on the Bombay Stock Exchange (BSE) around noon after news of the reactor blast broke. However, it recovered slightly to close nearly 12% down at Rs48.79 as compared to Friday's closing price of Rs55.18 per share. The chemicals manufacturer, which claims to be the largest producer of microcrystalline cellulose (MCC) in the world, manufactures MCC at this plant. MCC is a partially depolymerised cellulose that is extracted from fibrous plant material and is used as an emulsifier, texturiser, binder, and bulking agent by the pharmaceuticals, cosmetics, and food and nutrition industries. You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad In a regulatory filing on Monday evening, the company said the Pashamylaram plant on Hyderabad's outskirts was contributing around 6,000 metric tonnes per annum (MTPA) of MCC out of the company's total operating capacity of 21,700 MTPA. The company's plants at Jhagadia and Dahej in Gujarat account for the remaining MCC production. Apart from these three facilities, Sigachi also has plants at Sultanpur in Telangana and Raichur in Karnataka. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trade Bitcoin & Ethereum – No Wallet Needed! IC Markets Start Now Undo With Monday's incident forcing the company to pause operations at Pashamylaram for three months, the company said it plans to optimise production at its remaining two MCC plants in Gujarat to limit the impact of the incident. The company also said the Hyderabad facility is fully insured and it is in the process of initiating the necessary claims as per standard procedures. Apart from MCC, the company also manufactures pharmaceutical excipients that are used in drug formulations to help in the delivery and stability of drugs, nutraceutical and food ingredients for dietary supplements and food products, as well as a biodegradable filter medium called filter aid cellulose at the Pashamylaram plant.
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Business Standard
an hour ago
- Business Standard
Nifty ends choppy first half of calendar 2025 with nearly 8% gain
Market performance was initially hampered by US trade tensions, escalating geopolitical risks, and an uncertain global growth outlook, with the Nifty 50 dropping as much as 8 per cent by April Mumbai Listen to This Article After a choppy start to the year, the NSE's Nifty 50 index ended the first half of calendar 2025 with gains of almost 8 per cent. The broader market Nifty Smallcap 100 and the Nifty Midcap indices ended with modest gains of 1.8 per cent and 4.4 per cent, respectively. Market performance was initially hampered by US trade tensions, escalating geopolitical risks, and an uncertain global growth outlook, with the Nifty 50 dropping as much as 8 per cent by April. A strong recovery followed, driven by the Reserve Bank of India's monetary easing, a weaker US dollar,