Latest news with #Nifty50
Mint
2 hours ago
- Business
- Mint
ACC to TVS Motor -Jay Thakkar suggests three stocks to buy for short-term in F&O segment
Stock market news: Indian stock indices maintained an upward trend for the fourth consecutive session, bolstered by favorable global cues, relative calm regarding the Israel-Iran conflict, and the potential extension of the tariff deadline set for July 9 by the US government. A spokesperson from the White House suggested on Thursday that the reciprocal tariff deadline might be postponed, but emphasized that the final decision rests with President Donald Trump. Meanwhile, President Trump indicated that a "great deal" involving India is forthcoming, which has improved investor confidence. The Indian negotiation team is currently in the United States working on a trade agreement. India's robust domestic fundamentals, an agile RBI, and favorable monsoon conditions are supporting the financial markets. With US markets reaching record highs and the US dollar weakening, emerging markets such as India are expected to gain. The Sensex concluded the day at 84,058 points, rising by 303 points, while the Nifty 50 finished at 25,637 points, up by 89 points. Nifty 50 has provided a clean breakout from the sideways consolidation; thus, the short-term trend is bullish. The June series ended on a positive note as Nifty 50 closed above 25,300 levels and the FIIs also reduced their short positions on the Index to quite an extent i.e. from over 1 lakh to merely 35,000 contracts , they also had bought huge in the equity cash segment of over 12,500 crores. So, the short covering coupled with strong buying in equity cash segment led to a clean breakout and thus the uptrend has been established. There was strong call writing in the range of 25,200-25,300 prior to the breakout, hence this range now becomes an immediate support, whereas, 26,000 to 26,300 are the short to medium term targets. The Bank Nifty has also provided a clean breakout above 56,500 levels, thus the supporting Nifty 50 to inch higher. Jay Thakkar of ICICI Securities recommends TVS Motor Futures, Mahanagar Gas Futures, and ACC Futures. TVS Motor has provided a breakout from the sideways consolidation with a clear long built up, indicating further uptrend in the stock. The stock has been one of the outperformers in the two-wheeler segment and hence the upside probability seems higher. There has been good put additions at the lower levels as well as call unwinding indicating good upside possibility. Currently, the stock is trading above its max pain and modified max pain level as well as its 20-day VWAP levels, hence the short-term trend appears bullish Mahanagar Gas had seen huge short built in the previous fall post which the stock managed to bounced back and consolidate. In the entire consolidation period, the stock had witnessed short covering and finally it has provided a breakout from the consolidation which is much positive in the near term. The stock has now moved above its 20-day VWAP as well as its max pain and modified max pain levels, so the upside potential is higher. The cements sector is witnessing good long built up overall and in the case of ACC short covering is expected in the short term as the stock has formed multiple bottoms as well as the sector is in overall uptrend. Although there is higher call base at 1900 and 2000 strikes, however, there is good unwinding of calls below 1900 strike, hence the uptrend has a higher probability in the near term. The stock is also trading well above its 20-day VWAP now as well as its above max pain level. Disclaimer: The Research Analyst or his relatives or I-Sec do not have actual/beneficial ownership of 1% or more securities of the subject company, at the end of 27/06/2025 or have no other financial interest and do not have any material conflict of interest. The views and recommendations provided in this analysis are those of individual analysts or broking companies, not Mint. We strongly advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and individual circumstances may vary.
United News of India
7 hours ago
- Business
- United News of India
Sensex Zooms by 1,650.73 points during the week
Mumbai, June 28 (UNI) The Sensex surged 1,650.73 points, or 2 per cent, to settle at 84,058.90 in the week ended June 27, 2025. Supported by easing geopolitical tensions, strong global cues, positive domestic economic data, and robust FII buying. Equity benchmarks saw a strong rebound this week, closing in the green for four out of five sessions. Nifty soared 525.40 points, or 2.09 per cent, to settle at 25,637.80. The BSE Mid-Cap index jumped 2.33 per cent to close at 46541.25. The BSE Small-Cap index zoomed 3.57 per cent to end at 54,249.40. On June 23, as rising tensions in the Middle East spooked investors. BSE Sensex tanked 511.38 points to 81,896.79. Nifty slipped 140.05 points, or 0.56%, to 24,971.90. On June 24, BSE Sensex added 158.32 points to settle at 82,055.11. Nifty rose 72.45 points to 25,044.35. On June 25, buoyed by positive global cues as investor sentiment improved following signs of a tentative ceasefire between Israel and Iran, BSE Sensex surged 700.40 points to close at 82,755.51, while the Nifty 50 jumped 200.40 points to 25,244.75. On June 26, it closed with solid gains on the back of firm global cues and hopes of de-escalation in the Israel-Iran conflict. BSE Sensex zoomed 1,000.36 points to close at 25,755.87. Nifty surged 304.25 points to 25,549. On June 27, driven by strong foreign institutional investor (FII) inflows, the BSE Sensex jumped 303.03 points to 84,058.90. Nifty rose 88.80 points to 25,637.80. Sensex gainers during the week were Asian Paints by 3.06 pc, UltraTech Cement by 2.43 pc, Power Grid Corp by 2.11 pc, ICICI Bank by 1.56 pc, and Reliance by 1.39 pc BEL by 1.19 pc, HUL by 1.14 pc, Sun Pharma by 1.12 pc, SBI by 1.05 pc, Adani Ports by 0.75 pc, Bharti Airtel by 0.68 pc, and Tata Steel by 0.56 pc. Tata Motors by 0.54 pc, L&T by 0.50 pc, NTPC by 0.24 pc, Kotak Mahindra by 0.18 pc, HCL Tech by 0.08 pc and TCS by 0.04 pc Sensex loser during the week Trent by 1.42 pc, Eternal by 1.13 pc, Tech Mahindra by 0.93 pc, Titan Company by 0.79 pc, Axis Bank by 0.74 pc, Maruti Suzuki by 0.56 pc, Bajaj Finance by 0.52 pc, Bajaj Finserv by 0.46 pc, HDFC Bank by 0.43 pc, Infosys by 0.40 pc, ITC by 0.33 and M&M by 0.31 pc. Other gains were Nestle India by 3.99 pc, Adani Enterprises by 8.13 pc, Zed Entertainment Enterprises (ZEEL) by 8.49 pc, Reliance Infrastructure by 10.75 pc, Ask Automotive by 11.67 pc, KNR Constructions by 5.79 pc and Ahluwalia Contracts (India) by 9.35 pc. Sectoral gainers during the week were BSE Auto by 1.56 pc, Bankex by 1.80 pc, Consumer Durables by 3.28 pc, Capital Goods by 1.86 pc, FMCG by 1.35 pc, Health Care by 2.17 pc, Metal by 4.77 pc, Oil & Gas by 3.20 pc, Tech by 0.97 pc and Power by 3.24. Sectoral loser during the week Realty by 2.06 pc and IT by 0.29 pc. UNI JS ARN
Business Upturn
8 hours ago
- Business
- Business Upturn
Nifty 50 top gainers this week (June 28): Jio Financial Services, Adani Enterprises, Hindalco Industries, Adani Ports and more
By Aman Shukla Published on June 28, 2025, 09:27 IST Indian equity markets closed the week on a strong footing, marking their second consecutive weekly gain. Both the Sensex and the Nifty rose more than 2% each, reflecting upbeat investor sentiment across sectors. One of the key highlights of the week was the Nifty Bank index, which touched a new milestone by closing above the 57,400 mark for the first time ever. Several Nifty 50 stocks posted impressive weekly gains, with Jio Financial Services, Adani Enterprises and Hindalco Industries leading the charge. Let's take a look at the top gainers of Nifty 50 this week, as per Trendlyne data. Top Stock Gainers This Week (Ending June 28, 2025) Jio Financial Services closed at ₹323.5, up 9.9% over the week. Adani Enterprises ended at ₹2,646.3, registering a weekly gain of 8.1%. Hindalco Industries settled at ₹697.4, rising 7.4% during the week. Adani Ports and Special Economic Zone closed at ₹1,440.2, gaining 6.7%. UltraTech Cement ended the week at ₹12,213.0, up 6.6%. Tata Steel closed at ₹161.5 with a 6.2% increase. Grasim Industries finished at ₹2,861.1, up 5.5% for the week. Shriram Finance ended at ₹700.0, gaining 5.0%. Bharti Airtel closed at ₹2,027.1 with a 4.7% weekly rise. Bajaj Finance ended the week at ₹947.0, recording a 4.6% gain. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Adani enterprisesAdani PortsHindalco IndustriesJio Financial ServicesNifty Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Upturn
8 hours ago
- Business
- Business Upturn
Nifty 50 top losers this week (June 28): ONGC, Dr. Reddy's, Tech Mahindra, Maruti Suzuki India and more
By Aman Shukla Published on June 28, 2025, 09:32 IST Indian stock markets wrapped up the week on a strong note, with benchmark indices extending their gains for the second consecutive week. Both the Sensex and Nifty 50 advanced over 2%, supported by broad-based buying across sectors. A major milestone came from the Nifty Bank index, which closed above the 57,400 mark for the first time. However, not all stocks participated in the rally. Several major stocks underperformed this week, with ONGC, Dr. Reddy's and Tech Mahindra leading the losses. Let's take a closer look at the top 10 losers of the Nifty 50 this week, according to Trendlyne. Nifty 50 Top Losers This Week Oil and Natural Gas Corporation (ONGC) closed at ₹242.8, down 3.6% for the week. Dr. Reddy's Laboratories ended the week at ₹1301.0, registering a 1.8% drop. Tech Mahindra declined 1.3% , closing at ₹1674.4. Maruti Suzuki India slipped 1.2% during the week to ₹12,642.0. HCL Technologies ended the week lower by 1.0% , closing at ₹1723.3. Infosys closed at ₹1608.0, posting a 0.9% weekly decline. Wipro slipped 0.6% this week to close at ₹265.1. Hero MotoCorp saw a minor weekly dip of 0.4%, ending at ₹4320.3. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Dr Reddy'sMaruti Suzuki IndiaNiftyONGCTech Mahindra Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Mint
12 hours ago
- Business
- Mint
Nifty 50 jumps 8% YTD: Five key risks that could derail Indian stock market rally in H2CY25
Defying global turmoil and tariff-related uncertainties, the Indian stock market is set to wrap the first half of calendar year 2025 (H1CY25) with a healthy gain. The Nifty 50 has gained 8 per cent this year so far even as it hit a 52-week low of 21,743.65 on April 7. The index maintained its upward march despite US President Donald Trump's tariff policies, weak earnings, stretched valuations, foreign capital outflow, geopolitical turmoil and faltering global economic growth. The Nifty 50 is now just 640 points, or 2.4 per cent below its all-time high of 26,277.35 hit on September 27 last year. The Nifty 50 has been in the green since March this year. Stocks such as BEL, Bajaj Finance, SBI Life Insurance and Bajaj Finserv have surged 30-40 per cent this year so far. Heavyweights such as Reliance Industries, HDFC Bank, Bharti Airtel, Maruti Suzuki and ICICI Bank have gained 10-25 per cent this year. However, shares of TCS, Trent, Infosys, IndusInd Bank, Sun Pharma, Wipro and HCL Tech have declined 10-15 per cent this year. The resilience of the Indian stock market could be attributed to India's durable economic growth and healthy domestic demand. "Strong domestic demand, government-led capex, and steady sectoral growth, especially in banking and infrastructure, have supported investor confidence," Pawan Jain, the founder and chairman of Ashika Group, told Mint. The medium-term outlook of the Indian stock market remains positive. However, there are also risks that investors should not overlook. Although markets have largely priced in existing trade agreements between the US and its key trading partners, any unforeseen developments could rattle investor sentiment. Trump on Friday said that the White House was looking into an agreement that would give it the 'right to go in and trade' with India. "A key risk on the horizon is the looming 9th July'25 deadline when the US could begin imposing the steep 26 per cent reciprocal tariffs on Indian goods—unless an interim agreement is signed or the tariff pause is extended," said Divya Agrawal, Research Analyst & Advisory (Fundamental), Wealth Management, Motilal Oswal Financial Services. Madhavi Arora, Lead Economist at Emkay Global, pointed out that "while it's widely believed that this 'second trade war' would play out differently than the China+1 dynamics, some scepticism remains over India's ability to scale meaningfully, given infra/other limitations." Experts say a spike in US inflation could aggravate foreign capital outflow and delay the US Fed rate cut. If foreign portfolio investors (FPIs) go on a prolonged selling spree, the domestic market could come under pressure. "The US inflation and consequently the Fed rate cut constraints are the only risks, in our opinion, to watch out for," said Vikas Gupta, CEO and Chief Investment Strategist at OmniScience Capital. Gupta, however, believes the chances of a spike in US inflation are low because of the US-China trade deal. Vinit Bolinjkar, the head of research of Ventura, underscored that the market has discounted two US Fed rate cuts by December. Fed officials are now openly debating whether only one or none is needed if tariffs keep core inflation sticky. "A hawkish surprise would push up global bond yields, drain emerging-market liquidity and revive FPI outflows from India," said Bolinjkar. Concerns over tensions in the Middle East have eased significantly. However, experts point out that geopolitical uncertainty and its potential to drive crude oil prices higher remain a key risk for the Indian market. "A renewed flare-up in any of several geopolitical flashpoints—ranging from a fraying Middle East cease-fire to fresh Russia–Ukraine escalations—could push Brent crude back toward the USD 90–95/bbl range," said Bolinjkar. Bolinjkar pointed out that historically, every USD 10 per barrel increase widens India's current account deficit by roughly 0.4 percentage points of GDP and raises consumer inflation by 30–40 basis points, eroding real incomes, pressuring the rupee, and squeezing corporate margins, just as market valuations appear stretched. "Any renewed escalation in the Middle East could trigger risk-off sentiment, impacting FII flows and driving crude oil prices higher. A sustained rise in oil prices above $90/barrel could widen India's current account deficit, fuel inflation, and compel the RBI to turn to a hawkish policy stance, reducing the likelihood of future rate cuts. This could negatively impact investor sentiments and put a pause on the ongoing market rally," said Agrawal of Motilal Oswal Financial Services. Upcoming earnings will be perhaps the biggest trigger for the domestic market. Experts say if Q1FY26 earnings come out weaker-than-expected, the domestic market may see a deeper correction of about 10 per cent due to EPS growth-valuation mismatch. "The Nifty's forward PE sits a standard-deviation above its 10-year mean, while mid-caps trade at a 40 per cent premium to large-caps. At the same time, 72 per cent of index constituents have seen FY26 EPS cuts, and street-wide growth expectations have slipped to nearly 12 per cent. Any miss in the June-quarter numbers could trigger a derating," said Bolinjkar. Agrawal said that on the earnings front, FY26 is expected to follow a two-speed trajectory—with muted growth in H1 and a pick-up in H2. "Any delay or disappointment in the anticipated H2 recovery could hurt investor sentiments and derail current market momentum," said Agrawal. An even monsoon could increase food inflation risk and cap the prospects of further rate cuts by the RBI. "The IMD still projects an above-normal season overall, yet large deficits (-40% to -70%) are developing in parts of Marathwada and Vidarbha. Any sustained shortfall would revive cereal and pulse inflation, erode rural demand and cap the RBI's newfound easing room," said Bolinjkar. Read all market-related news here Read more stories by Nishant Kumar Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions, as market conditions can change rapidly, and circumstances may vary.
