Latest news with #Nifty25500
India Today
4 days ago
- Automotive
- India Today
Sensex opens 69 points lower, Nifty below 25,200; HDFC Bank up 1%
Benchmark stock market indices opened lower on Wednesday, dragged by auto and metal sector stocks as caution prevailed in the market despite seeing an uptick in the last sesion. The S&P BSE Sensex was down by 197.64 points to 82,373.27, while the NSE Nifty50 lost 61.80 points to 25,134.00 as of 9:28 am. Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said that the market has been oscillating in a narrow range during the last two months."A breakout above the upper band of the range, well beyond Nifty 25500, needs positive triggers. Such a trigger may come from an India-US trade deal with tariffs on India pegged at around 20 percent. If this happens, can it trigger a sustained rally in the market? Unlikely," he added. A sustained rally in the market needs earnings support. There are no signs of a strong earnings support and earnings growth visibility. Two big segments of the market - IT services and consumption, particularly FMCG - are struggling with tepid earnings. There are green shoots of earnings recovery in FMCG but IT services continue to struggle. This means earnings growth for FY26 will be around 10 percent only. This is the biggest challenge being faced by the market now. Therefore, investors can be stock- specific, focusing on stocks where growth prospects and earnings visibility are bright.- Ends advertisement
Time of India
4 days ago
- Business
- Time of India
Stock market today: Nifty50 opens in red; BSE Sensex down around 100 points
Market analysts anticipate continued consolidation in the short term, with individual stock movements influenced by first quarter FY26 earnings. (AI image) Stock market today: Nifty50 and BSE Sensex , the Indian equity benchmark indices, opened in red on Wednesday. While Nifty50 was below 25,200, BSE Sensex was down around 100 points. At 9:21 AM, Nifty50 was trading at 25,161.50, down 34 points or 0.14%. BSE Sensex was at 82,475.27, down 96 points or 0.12%. Market analysts anticipate continued consolidation in the short term, with individual stock movements influenced by first quarter FY26 earnings results and management forecasts. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited says, 'The market has been oscillating in a narrow range during the last two months. A breakout above the upper band of the range, well beyond Nifty 25500, needs positive triggers. Such a trigger may come from an India-US trade deal with tariffs on India pegged at around 20 percent. If this happens, can it trigger a sustained rally in the market? Unlikely. A sustained rally in the market needs earnings support. There are no signs of a strong earnings support and earnings growth visibility. Two big segments of the market - IT services and consumption, particularly FMCG - are struggling with tepid earnings.' by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like An engineer reveals: One simple trick to get internet without a subscription Techno Mag Learn More Undo 'There are green shoots of earnings recovery in FMCG but IT services continue to struggle. This means earnings growth for FY26 will be around 10 percent only. This is the biggest challenge being faced by the market now. Therefore, investors can be stock- specific, focusing on stocks where growth prospects and earnings visibility are bright." Asian equities declined at Wednesday's opening following mixed US inflation data, causing investors to reduce expectations of Federal Reserve rate cuts. The Nasdaq Composite reached a new record close on Tuesday, bolstered by rising Nvidia shares. However, other Wall Street indices declined as investors remained unimpressed by inflation data and bank earnings reports. Gold prices increased on Wednesday as market participants analysed US consumer price data and sought clarity regarding US President Donald Trump's trade strategies. Oil prices strengthened on Wednesday, driven by anticipated stable demand from the US and China, amidst positive economic indicators. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Mint
10-07-2025
- Business
- Mint
Can Q1 results drive Nifty 50 to record highs despite the absence of an India-US trade deal?
The Indian stock market has been rangebound for almost a month now. The benchmark index has traded in a range of 24,470-25,670 since June. At first glance, it appears that the Indian stock market lacks fresh triggers to sustain gains above 25,600, which can drive it to fresh highs. However, the Indian stock market has exhibited remarkable resilience since March despite geopolitical tensions, tariff-related uncertainties, and elevated domestic market valuations. The Nifty 50 has been in the green monthly since March. However, in July so far, it has lost about half a per cent. The biggest factor limiting the gains of the domestic market is lingering uncertainty over an India-US trade deal. Despite prolonged negotiations and positive signals from Washington, India and the US have yet to finalise a trade pact. Both countries have now pushed back their deadline to finalise the trade deal to mid-July as US President Donald Trump extended the deadline for reciprocal tariffs to 1 August. While hopes are high that India and the US will strike a deal before the deadline, a full agreement between the two countries could be a multi-phased process. In that case, it is too early to conclude whether a potential preliminary deal will significantly trigger the market. Indian corporates will release their June quarter (Q1FY26) scorecard in the coming days. IT major TCS will report its Q1 results on July 10. Experts say that while an India-US trade deal will be an immediate trigger, the market needs significant earnings growth to sustain gains and touch record highs. Some experts highlight that the market has largely discounted a trade ideal, and it may not push the market beyond a range. "A clear breakout of the upper range of Nifty 25500 may happen on positive news of a trade deal between the US and India. But this is partly discounted by the market and, therefore, will not be sufficient to sustain the rally well beyond Nifty 25,500," said VK Vijayakumar, Chief Investment Strategist, Geojit Investments. The Nifty 50 may see limited upside in the short term, primarily due to muted earnings growth. Profit growth for index-heavy companies is expected to remain in single digits, which could cap gains in the coming months. According to most experts, the June quarter results may not push the market to fresh highs. Experts expect a significant recovery in earnings only from Q3 onwards, even though they highlight that Q1 results will be better than the previous quarter. "The market's move will depend on what kind of deal we get on tariffs. Q1 earnings are expected to be slightly better than Q4, so that may not trigger a broad-based excitement in the market," said Pankaj Pandey, the head of research at ICICI Securities. "We will see more of a stock-specific action. At this time, the market has limited triggers for a breakout. The range-bound trade may continue for some time. We can see significant earnings growth in the second half of the current financial year (H2FY26)," Pandey said. In the near term, with mild earnings growth, stock-specific action is likely to dominate rather than a broad-based market rally. Brokerage firm JM Financial expects Nifty Q1 PAT (profit after tax) to rise 10.4 per cent year-on-year (YoY), led by strong performance in oil and gas. Excluding BFSI, Q1 Nifty PAT is expected to rise at 14 per cent. "Weak BFSI performance can be attributed to moderating loan growth, NIM (net interest margin) compression of 30 bps YoY, weak fee income growth and elevated credit costs," JM Financial said. Barring short-term obstacles, experts say any correction in the market is an opportunity to buy because India's long-term story remains intact. "Most domestic macroeconomic indicators remain supportive. Low inflation, robust GDP growth, strong foreign exchange reserves, a surplus monsoon, and the prospect of RBI rate cuts all paint a favourable backdrop for the economy," said G. Chokkalingam, the founder and head of research at Equinomics Research Private Ltd. However, Chokkalingam added that a key near-term concern is the ongoing trade uncertainty between India and the US. Markets are closely watching for signs of a deal, and sentiment may remain cautious until there is clarity on that front. From an earnings perspective, Chokkalingam believes a meaningful recovery may still be one to two quarters away. "At the current pace of earnings growth, the Sensex could rise another 7–8 per cent during this fiscal year," he said. Amid expectations of moderate gains in the benchmarks, experts believe real opportunities are in the broader market. "With over 4,000 small- and mid-cap stocks, investors have a wide universe to explore compelling opportunities—whether it's unique growth stories, deep-value plays, or acquisition candidates," said Chokkalingam. "The rise in India's retail investor base is also encouraging: more than 22 crore investors are now registered, with nearly six lakh new investors joining every week. This expanding participation bodes well for sustained interest in mid- and small-cap stocks," Chokkalingam added. Chokkalingam suggests investors may consider allocating at least 30 per cent of their equity portfolio to large-cap stocks like those in the Sensex and Nifty, while 60–70 per cent can be exposed to mid- and small-caps, depending on individual risk appetite for the next two quarters. Read all market-related news here Read more stories by Nishant Kumar Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.
India Today
10-07-2025
- Business
- India Today
Sensex opens 85 points higher, Nifty above 25,400; Tata Steel up 1%
Benchmark stock market indices opened higher on Thursday, but quickly erased the gains to trade lower. IT sector stocks fell in early trade, dragging the S&P BSE Sensex was down by 43.60 points to 83,492.48, while the NSE Nifty50 lost 15.90 points to 25,460.20 as of 9:28 VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said that market is unlikely to break the narrow range in which it has been trading for more than a month now."Resilience of the global markets and sustained fund flows into Indian markets have the potential to support the market at the bottom end of the range. A clear break out of the upper range of Nifty 25500 may happen on positive news of a trade deal between US and India. But this is partly discounted by the market and, therefore, will not be sufficient to sustain the rally well beyond Nifty 25500," he top five gainers in early trade were Tata Steel up 0.37%, Power Grid up 0.32%, Bajaj Finance up 0.16%, Axis Bank up 0.15%, and Bajaj Finserv up 0.51%.Tata Motors crashed 0.92%, Bharti Airtel fell 0.58%, Infosys dropped 0.47%, Mahindra & Mahindra declined 0.47%, and HDFC Bank was down 0.43%. The broader market indices opened positively with Nifty Midcap100 up 0.21%, Nifty Smallcap100 rising 0.36%, and India VIX rising 1.15%.Among the sectoral indices, the gainers were Nifty Financial Services up 0.23%, Nifty Metal rising 0.65%, Nifty Pharma up 0.33%, Nifty PSU Bank gaining 0.03%, Nifty Private Bank up 0.10%, Nifty Realty rising 0.39%, Nifty Consumer Durables up 0.23%, and Nifty Oil & Gas gaining 0.18%.The losing sectors included Nifty Auto down 0.24%, Nifty FMCG falling 0.02%, Nifty IT declining 0.50%, Nifty Media down 0.19%, and Nifty Healthcare falling 0.43%."With the results season kicking in from today there will be lots of stock-specific action in response to results. Expectations from the IT sector are limited. However, midcap IT is likely to post good results and positive commentary," said Vijayakumar. "Banks, despite strong balance sheets and abundant liquidity are struggling with low credit growth. Outperformers in the banking segment will be those who post good credit growth. In autos M&M and Eicher have the potential to outperform," he added. - Ends
Time of India
10-07-2025
- Business
- Time of India
Stock market today: Nifty50 opens flat; BSE Sensex near 83,550
Indian markets are expected to be cautious, awaiting the finalisation of the India-US mini trade deal. (AI image) Stock market today: Nifty50 and BSE Sensex , the Indian equity benchmark indices, opened flat in trade on Thursday. While Nifty50 was near 25,475, BSE Sensex was above 83,550. At 9:18 AM, Nifty50 was trading at 25,475.90. BSE Sensex was at 83,570.32, up 34 points or 0.041%. Indian markets are expected to be cautious, awaiting the finalisation of the India-US mini trade deal, which could influence immediate market trends. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited says, 'Market is unlikely to break the narrow range in which it has been trading for more than a month now. Resilience of the global markets and sustained fund flows into Indian markets have the potential to support the market at the bottom end of the range. A clear break out of the upper range of Nifty 25500 may happen on positive news of a trade deal between US and India. But this is partly discounted by the market and, therefore, will not be sufficient to sustain the rally well beyond Nifty 25500.' 'With the results season kicking in from today there will be lots of stock-specific action in response to results. Expectations from the IT sector are limited. However, midcap IT is likely to post good results and positive commentary. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Binghatti Twilight: Dubai's New Architectural Marvel Binghatti Developers FZE Learn More Undo Banks, despite strong balance sheets and abundant liquidity are struggling with low credit growth. Outperformers in the banking segment will be those who post good credit growth. In autos M&M and Eicher have the potential to outperform. " US stock indices advanced on Wednesday after Federal Reserve minutes suggested that inflationary effects from President Donald Trump's tariffs would not prevent interest rate reductions this year. The technology-focused Nasdaq led the gains as Nvidia momentarily achieved a $4 trillion market value. Asian equities displayed varied performance at opening, with Bitcoin maintaining its record levels from Wednesday. Wall Street's positive momentum continued despite ongoing tariff discussions. Gold prices increased on Thursday, influenced by US President Donald Trump's recent tariff announcements. Investors remained attentive to trade discussions, whilst the dollar's slight decline provided additional support. Oil prices decreased on Thursday as market participants interpreted Trump's latest tariff announcements as potentially detrimental to global economic growth and resource demand. FIIs' position in the futures market increased from a net short of Rs 70,513 crore on Tuesday to Rs 75,705 crore on Wednesday. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
