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News18
5 days ago
- Business
- News18
Stock Market Updates: Sensex Falls 350 Points, Nifty Below 25,000; Bajaj Twins, Nestle Top Drags
Domestic equity markets may remain volatile on Friday, the final trading session of the week Sensex Today: Domestic equity markets may remain volatile on Friday, the final trading session of the week, amid multiple market-moving cues. These include Q1 earnings, India's weekly forex reserves data (for the week ended July 18), developments in the India-UK trade agreement, mixed global trends, institutional flows, and ongoing primary market activity. At 8:40 AM, GIFT Nifty futures were trading 131 points lower at 24,964, hinting at a gap-down opening for benchmark indices Sensex and Nifty. Global Cues Asian markets traded largely lower on Thursday as investors digested recent global economic signals and trade developments. Japan's Nikkei 225 slipped 0.55%, and the Topix index fell 0.73%. Australia's ASX 200 declined 0.51%, while South Korea's Kospi remained flat. In the US, weekly jobless claims dropped by 4,000 to 217,000, defying expectations of a rise to 227,000. This marked the sixth straight weekly decline, suggesting a still-resilient labour market. However, continuing claims inched up to 1.955 million, the second-highest level since November 2021—signalling that while layoffs remain low, hiring momentum may be softening. Meanwhile, the S&P Global US Composite PMI rose to 54.6 in July, up from 52.9 in June, pointing to the strongest private sector growth in 2025 so far. The surge was led by a sharp rebound in services activity—the fastest since December—while manufacturing output also improved, albeit more moderately. US stocks extended gains, with the S&P 500 and Nasdaq Composite notching new all-time closing highs. The S&P 500 edged up 0.07% to close at 6,363.35, and the Nasdaq rose 0.18% to 21,057.96. However, the Dow Jones Industrial Average lagged, falling 316.38 points or 0.7% to settle at 44,693.91, weighed down by earnings-related declines in some heavyweight stocks. view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Economic Times
6 days ago
- Business
- Economic Times
Stock Market LIVE Updates: Sensex falls over 600 pts, Nifty below 25,050; IT stocks tumble
Sensex Today | Stock Market LIVE Updates: Sectoral indices traded lower, led by declines in IT, banking, and financial services. The IT index was the worst performer, dragged down by sharp losses in Coforge and Persistent Systems. Broader markets also edged lower, even as Asian peers gained on optimism from a new U.S.–Japan trade pact. Meanwhile, investor sentiment remains upbeat ahead of a potential India–UK free trade agreement during Prime Minister Modi's visit to Britain. Sensex Today | Stock Market LIVE Updates: Indian benchmark indices edged lower on Thursday, dragged by banking and IT stocks, even as hopes of an India-UK free trade agreement during PM Modi's UK visit lent support. The FTA is expected to ease tariffs on key goods and boost bilateral market access. Sensex Today | Stock Market LIVE Updates: Key stocks that hit 52 week high Sensex Today | Stock Market LIVE Updates: Sensex tumbles over 650 pts Sensex Today | Stock Market LIVE Updates: Sensex falls over 500 pts Sensex Today | Stock Market LIVE Updates: Dates announced for Rs 4,000 crore NSDL IPO, NSE to sell 1.8 crore shares The highly anticipated ₹4,000 crore initial public offering (IPO) of National Securities Depository Ltd (NSDL) is set to open for public subscription on July 30. This comes after the company received an extension from market regulator SEBI, allowing it to complete its listing on the stock exchanges by August 14. Read more Sensex Today | Stock Market LIVE Updates: Top movers so far Sensex Today | Stock Market LIVE Updates: Nestle shares tumble 4.5% over weak Q1 earnings Sensex Today | Stock Market LIVE Updates | Nestlé India Q1 Results: PAT drops 13% YoY to ₹647 crore; revenue grows 6% Nestlé India reported a 13% year-on-year decline in consolidated net profit for Q1FY26 at ₹647 crore, even as revenue rose 6%. The decline comes amid higher input costs, impacting profitability despite steady topline growth. Read more Sensex Today | Stock Market LIVE Updates: Sensex falls over 400 pts Sensex Today | Stock Market LIVE Updates: Nestle Q1 Results PAT: Rs 647 cr vs Rs 747 cr, down 13.4% YoY Revenue: Rs 5,096 cr vs Rs 4,814 cr, up 6% YoY Sensex Today | Stock Market LIVE Updates: Fertiliser stocks rise after govt withdraws quality control order for acetic acid, methanol & aniline Nifty Today | Stock Market LIVE Updates: Nifty50 slips below 25,150 Sensex Today | Stock Market LIVE Updates: Sensex drops over 300 pts Sensex Today | Stock Market LIVE Updates: Natco Pharma shares slip after announcing ₹2,000 crore stake buy in Adcock Ingram Natco Pharma shares declined over 2% on Thursday after the company announced plans to acquire a 35.75% stake in South Africa's Adcock Ingram Holdings for around ₹2,000 crore, marking a major overseas investment move. Read more Sensex Today | Stock Market LIVE Updates: Eternal shares rally 20% this week on strong Q1 revenue growth despite profit drop Eternal shares have surged 20% this week after its Q1FY26 results impressed investors with strong revenue growth and solid performance across key verticals, despite a sharp drop in profitability. The company reported a 70% year-on-year jump in revenue, boosting market sentiment. Read more Sensex Today | Stock Market LIVE Updates: EaseMyTrip partners with Timbuckdo to offer student travel discounts EaseMyTrip has signed an MoU with student-focused platform Timbuckdo to provide curated discounts on flights, buses, hotels, and experiences, aiming to make travel more affordable and accessible for students across India. Sensex Today | Stock Market LIVE Updates: Nifty sectoral indices Bonds Market LIVE Updates: DLF Cyber City Developers to issue 3-year bonds, bankers say India's DLF Cyber City Developers plans to raise 11 billion rupees ($127.50 million) through the sale of bonds maturing in three years, two bankers said on Thursday. The company will pay a coupon of 6.92% on this issue, which would be payable on a quarterly basis, and has invited bids from bankers and investors on Friday, they said. The issue will have a call option three months before the bond's maturity. Sensex Today | Stock Market LIVE Updates: Persistent Systems shares fall 9% post mixed Q1 results. Should you buy now? Shares of Persistent Systems fell sharply by 7% to touch an intraday low of ₹5,217.25 on the BSE during early trade on Thursday, July 24, despite the company posting a 38.7% year-on-year (YoY) rise in consolidated profit after tax (PAT) for the June quarter of FY26. The PAT came in at ₹425 crore, marking a 7.4% increase compared to the previous quarter. Read more Sensex Today | Stock Market LIVE Updates: Top gainers and losers in the early trade Sensex Today | Stock Market LIVE Updates: Coforge shares slide over 5% after Q1 earnings miss estimates Sensex Today | Stock Market LIVE Updates: Vijay Kedia portfolio stock jumps 4% after stellar Q1 earnings. Check details Mahindra Holidays & Resorts, a stock in ace investor Vijay Kedia's portfolio, jumped 4% in Thursday's trade after reporting a sharp rise in standalone net profit for the June quarter. The company posted robust earnings growth, supported by steady revenue improvement. Read more Nifty Today | Stock Market LIVE Updates: Nifty IT drops over 1% Sensex Today | Stock Market LIVE Updates: Sensex falls over 200 pts Sensex Today | Stock Market LIVE Updates: BEML gains over 3% after Defence Ministry awards ₹294-crore HMV order BEML shares rose more than 3% in Thursday's trade after securing a ₹293.82-crore order from the Defence Ministry for the supply of High Mobility Vehicles (HMV) 6x6, boosting investor sentiment. Read more Sensex Today | Stock Market LIVE Updates: IEX hit 10% lower ciruit after CERC clears market coupling plan ahead of Q1 results Indian Energy Exchange (IEX) shares sank 10% to hit the lower circuit at ₹169.10 on the BSE after the CERC approved the rollout of market coupling in the power sector. The sharp drop comes just ahead of the company's Q1FY26 earnings announcement. Read more Sensex Today | Stock Market LIVE Updates: Tata Consumer Products jumps 4% post Q1 earnings; what should investors do? Tata Consumer Products surged 4% to an intraday high of ₹1,104.80 on the BSE after posting a 15% YoY increase in consolidated net profit to ₹334 crore for Q1FY26, up from ₹290 crore in the same quarter last year. Tata Consumer Products surged 4% to an intraday high of ₹1,104.80 on the BSE after posting a 15% YoY increase in consolidated net profit to ₹334 crore for Q1FY26, up from ₹290 crore in the same quarter last year. Read more Sensex Today | Stock Market LIVE Updates: Dr Reddy's jumps nearly 3% after Q1 results The pharmaceutical giant reported a modest 2% year-on-year (YoY) rise in consolidated net profit to ₹1,418 crore for the quarter ended June, as it navigated a tough pricing environment in the generics segment. FOREX News: China's yuan rises to 8-month high as PBOC moves to boost investor confidence FOREX News: Indian rupee opens up 0.1% at 86.33 per U.S. dollar, versus 86.4075 previous close Nifty Today | Stock Market LIVE Updates: Nifty50 tests 25,200 Sensex Today | Stock Market LIVE Updates: Vijay Kedia portfolio stock in focus after stellar Q1 earnings. Check details Mahindra Holidays & Resorts, part of Vijay Kedia's portfolio, posted a strong 69% year-on-year jump in standalone net profit to ₹76 crore for the June quarter. Revenue rose 5% to ₹369 crore, while EBITDA surged 42% to ₹161 crore. MD & CEO Manoj Bhat attributed the performance to solid domestic growth and resilient European operations, despite facing currency-related challenges. Sensex Today | Stock Market LIVE Updates | Opening Bell: Sensex falls 100 pts, Nifty below 25,200; Trent, Bajaj Finance drop 1% each Sensex Today | Stock Market LIVE Updates: India's economy shows resilience amid global tariff challenges, macroeconomic risks RBI economists have flagged concerns over underpriced macroeconomic risks and escalating global trade tariffs, which are approaching levels seen during the 1930s. Despite these headwinds, India's economy remains resilient, supported by solid fundamentals, moderating inflation, and proactive fiscal policies. Encouraging monsoon forecasts and strong growth in the services sector continue to strengthen the economic outlook, even as industrial activity stays relatively subdued. Sensex Today | Stock Market LIVE Updates: Sensex rises over 50 pts in pre-open session, Nifty tops 25,200 Sensex Today | Stock Market LIVE Updates: Can Infosys maintain its momentum after reporting strong June 2025 quarter growth? Infosys reported strong sequential revenue growth for the June 2025 quarter, supported by a lower base, better pricing, and improved employee utilization—outpacing its industry peers. Buoyed by healthy new deal wins, the company raised its FY26 constant currency revenue growth guidance to 1–3%. Sensex Today | Stock Market LIVE Updates: Brigade Hotel plans to raise Rs 759.6 crore through IPO to reduce debt, purchase land Brigade Hotel Ventures is set to raise ₹759.6 crore via an IPO aimed at reducing debt and acquiring land, which could lower the promoter stake to 74.1%. A substantial share of its revenue comes from Bengaluru, especially the Sheraton Grand Bangalore. Although the company has seen growth in revenue and occupancy, analysts advise investors to closely watch its post-listing performance, given its relatively high valuation compared to industry peers. Sensex Today | Stock Market LIVE Updates: Small stocks, big surge: Over 50 microcaps soar up to 5,500% despite market turmoil Despite sustained market sell-offs since last September, nearly 50 smallcap, microcap, and penny stocks have delivered staggering gains, with returns between 200% and 5,500%. However, a large number of these high-flyers have posted losses or modest revenues, prompting concerns about a potential bubble. Experts urge caution, highlighting that only a select few exhibit strong fundamentals amid the speculative surge. Global Market Updates: Japan's Nikkei share average rises 2% to top 42,000 for first time since July 2024 Sensex Today | Stock Market LIVE Updates: Fitter & Stronger: Midcaps outperform smallcaps in long term Mutual funds with a midcap focus have delivered solid long-term returns for SIP investors. Over 10- and 15-year periods, the Nifty Midcap 150 TRI has outperformed the Nifty Smallcap 250 TRI, reflecting midcaps' superior risk-adjusted returns and stronger fundamentals. Recent inflows into mutual funds have also driven up midcap valuations, underscoring growing investor interest in the segment. Sensex Today | Stock Market LIVE Updates: Dixon Technologies reports doubled Q1 net profit, analysts predict continued growth Shares of Dixon Technologies rallied after the company reported a twofold jump in its Q1 net profit, prompting several brokerages to hike their target prices. Analysts anticipate sustained earnings growth, with revenue expected to double by FY27, driven by robust mobile orders and the scaling up of its joint venture with Vivo. While growth outlook remains positive, some analysts caution that valuations appear steep relative to global peers. Sensex Today | Stock Market LIVE Updates: Yen, euro lifted by progress on trade The euro is approaching a four-year high, and the yen has strengthened, driven by progress in U.S. trade agreements with the EU and Japan, which have lifted market confidence. These deals have eased fears of trade retaliation, enhancing risk sentiment. In Japan, despite political uncertainty around Prime Minister Ishiba, the trade agreement has contributed to stock market gains. Sensex Today | Stock Market LIVE Updates: Oil prices climb on US trade optimism, drop in crude stockpiles Oil prices climbed on Thursday, supported by upbeat sentiment around U.S. trade negotiations and a sharp decline in U.S. crude inventories. Hopes that progress in tariff discussions will avert worst-case outcomes boosted market confidence. However, lingering uncertainties in U.S.-China trade talks and ongoing Russia-Ukraine tensions are capping further upside. Sensex Today | Stock Market LIVE Updates: Gold flat as easing trade tensions offset boost from soft dollar Gold prices steadied after a prior session dip, as easing trade tensions reduced demand for the safe-haven asset. However, a weaker dollar offered some support. Optimism over progress in the U.S.-Japan trade deal and a possible U.S.-EU agreement lifted risk appetite. Investors now turn their focus to upcoming U.S. jobless claims and PMI data, ahead of the Federal Reserve's next monetary policy decision. Sensex Today | Stock Market LIVE Updates: S&P 500 and Nasdaq rally to record highs on optimism about trade deals The S&P 500 and Nasdaq hit record highs, driven by strong performances from Nvidia and GE Vernova. GE Vernova surged on the back of robust earnings, while Nvidia continued to propel market momentum. Hopes of a potential U.S.-EU trade deal also lifted sentiment. Meanwhile, investors remain focused on Tesla's performance, balancing optimism over future developments with caution over past hurdles. Global Market LIVE Updates: Asian shares rise on hopes for more trade deals Asian equities rallied for a sixth consecutive session, driven by optimism over potential US trade agreements with Japan and the European Union. The MSCI Asia Pacific index posted solid gains, tracking the S&P 500's record highs. Strong earnings from major players like Alphabet and SK Hynix boosted investor confidence, offsetting concerns over a dip in Tesla's sales. Sensex Today | Stock Market LIVE Updates: Stocks in news: Infosys, Bajaj Finance, Nestle, Dr Reddy's, Inox Wind In today's session, stocks such as Infosys, Bajaj Finance, Nestle, IndusInd Bank, and Inox Wind will be in the spotlight amid key news developments and first-quarter earnings announcements. GIFT Nifty LIVE Updates: GIFT Nifty (Earlier SGX Nifty) signals a positive start GIFT Nifty on the NSE IX traded higher by 42 points, or 0.17 per cent, at 25,290.50, signaling that Dalal Street was headed for positive start on Thursday. Sensex Today | Stock Market LIVE Updates: Ahead of Market: 10 things that will decide D-Street action on Thursday Indian markets ended on a positive note, lifted by encouraging global cues after the U.S.-Japan trade agreement, which sparked optimism around potential progress in India-U.S. trade negotiations. The Sensex rose 0.66% to close at 82,726.64, while the Nifty advanced 0.63% to 25,219.90. Technical indicators point to sustained bullish momentum, indicating scope for further upside in the near term. Read more Sensex Today | Stock Market LIVE Updates: Sensex, Nifty on Wednesday Indian stock markets closed on a strong note on Wednesday, with both the Sensex and Nifty posting solid gains, mirroring the upbeat sentiment across Asian markets. The rally was fueled by the recent trade agreement between the United States and Japan, which has boosted hopes for meaningful progress in India-US trade talks. Investor optimism was further reflected in a notable rise in market capitalization on the Bombay Stock Exchange, signaling strengthening market confidence. Read more
News18
18-07-2025
- Business
- News18
Stock Market Updates: GIFT Nifty Hints A Muted Start For Sensex, Nifty; RIL, Axis, Wipro Q1 In Focus
Last Updated: Sensex Today: The benchmark indices, Sensex and Nifty, are expected to open on a cautious yet slightly positive note on Sensex Today: The benchmark indices, Sensex and Nifty, are expected to open on a cautious yet slightly positive note on Friday, as investors monitor a range of domestic and global factors. The market sentiment will likely be shaped by corporate Q1 earnings, institutional flows, forex reserve updates, developments on the India-US trade front, Japan's inflation data, and key economic releases from the US. At 8:50 AM, GIFT Nifty futures were trading 16 points higher at 25,190, hinting at a flat-to-positive start for the Indian bourses. Global cues remain broadly supportive. On Wall Street, all major indices ended higher after upbeat economic data and robust earnings lifted investor confidence. US retail sales rose by 0.6% month-on-month in June 2025, exceeding expectations of just 0.1% and breaking a two-month decline. Weekly jobless claims also dropped by 7,000 to 221,000—marking the lowest level since April—contrary to forecasts of a rise to 235,000. This optimism was reflected in US equity markets, where the S&P 500 climbed 0.54% to 6,297.36, the Dow Jones rose 0.52% to 44,484.49, and the Nasdaq Composite added 0.7% to 20,885.65. In Asia, markets offered mixed cues. The ASX 200 in Australia rose 0.69%, touching a new record high. However, Japan's Nikkei slipped 0.20% while the broader Topix index remained flat with a slightly negative bias. South Korea's Kospi also declined by 0.4%. Japan Inflation in Focus Japan's inflation data released today showed signs of easing, which could impact the Bank of Japan's monetary stance. Core inflation dropped to 3.3% in June from 3.7% in May, in line with market expectations. Headline inflation also cooled to 3.3%. Interestingly, the BOJ's preferred core-core inflation measure—which excludes volatile food and energy prices—rose slightly to 3.4% from 3.3%, signaling that underlying price pressures still persist. Overall, with mixed regional cues and a data-heavy day ahead, the markets may see a cautious start, with stock-specific action dominating due to Q1 results announcements. view comments First Published: July 18, 2025, 09:14 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Economic Times
17-07-2025
- Business
- Economic Times
Stock Market LIVE Updates: Sensex drops over 150 pts, Nifty below 25,200; IT, financials under pressure
Sensex Today | Stock Market LIVE Updates: Eleven of the thirteen major sectors opened with marginal gains, while the broader market saw a slight uptick in small-cap and mid-cap stocks in early the previous session, Indian equities recovered early losses to close flat on Wednesday. Key Q1 earnings due today include Axis Bank, Wipro, Jio Financial, LTI Mindtree, HDFC AMC, and Indian Hotels. Analysts expect the market to consolidate with a positive bias, supported by improving trends in rural demand and healthcare, as well as potential progress in India–US trade talks. Stock-specific action will likely continue as the earnings season gathers pace. Sensex Today | Stock Market LIVE Updates: Indian equity benchmarks, Sensex and Nifty, traded lower on Thursday, mirroring subdued sentiment across Asian markets as investor caution grew amid uncertainty surrounding the future of US Federal Reserve Chair Jerome Powell. Sensex Today | Mahindra Logistics' board has approved a rights issue to raise Rs 749 crore by offering shares at Rs 277 each Record date for rights issue will be July 23. Sensex Today | ITC Hotels shares hit record high, rise over 3% after Q1 profit jumps 54% YoY ITC Hotels' Q1FY26 net profit rose 54% YoY to Rs 133 crore; revenue grew 15.5%. Stock surged over 3% after results; touched record high of Rs 246 on BSE. Sequentially, PAT fell 48% due to a 23% QoQ drop in revenue. Expenses rose 13% YoY; realty business reported no revenue this quarter. Sensex Today | Stock Market LIVE Updates: IT stocks fall up to 2% in early trade Sensex Today | Stock Market LIVE Updates: Hexaware to acquire Tech SMC Square India, Tech SMCSquared for ₹1,029 cr Hexaware Technologies has signed share purchase agreements to acquire Tech SMC Square India and Tech SMCSquared (GCC) India in an all-cash deal worth up to ₹1,029 crore ($120 million). The acquisition is expected to be completed on July 17, 2025. Sensex Today | Stock Market LIVE Updates: Kalpataru Projects shares rise on Rs 2,293 crore orders win Kalpataru Projects International has bagged new orders worth ₹2,293 crore, including contracts in the Buildings & Factories (B&F) segment in India and a Power Transmission & Distribution (T&D) project in the overseas market. Sensex Today | Tech Mahindra shares fall 2% on missing Q1 estimates. Should you buy, sell or hold? Tech Mahindra Q1 profit up 34% YoY to Rs 1,141 crore, but misses Street estimates of Rs 1,211 crore. Brokerages divided: Some cite margin gains and strong deal wins; others highlight weak revenue, macro headwinds, and valuation concerns. Motilal Oswal, Nomura bullish with target prices of Rs 2,000 and Rs 1,810, seeing margin turnaround and deal momentum. Emkay, Nuvama, Jefferies, Morgan Stanley cautious, flagging stretched valuations, low growth, and tough path to 15% EBIT margin target. Sensex Today | Stock Market LIVE Updates: Top gainers and losers at this hour Sensex Today | Stock Market LIVE Updates: Axis Bank shares trade marginally lower ahead of Q1 results today Nifty Today | Stock Market LIVE Updates: Nifty50 opens above 25,200 Sensex Today | Stock Market LIVE Updates | Opening Bell: Sensex off to a flat start, Nifty holds 25,200; IT, financials under pressure Sensex Today | Stock Market LIVE Updates: SBI shares in focus as lender launches ₹25,000 crore QIP at discount Shares of State Bank of India will be in focus on Thursday, July 16, after the country's largest public sector bank launched a ₹25,000 crore Qualified Institutional Placement (QIP), one of the largest capital-raising moves by an Indian bank in recent years. Sensex Today | Stock Market LIVE Updates: Tech Mahindra shares in focus after 34% YoY profit rise, but Q1 misses estimates Tech Mahindra shares will be in focus on Thursday after the company posted a 34% year-on-year rise in consolidated net profit for Q1FY26 at ₹1,141 crore, up from ₹851 crore a year ago. However, the figure came in below Street expectations of ₹1,211 crore. Revenue grew 2.7% YoY to ₹13,351 crore, also slightly missing estimates of ₹13,374 crore. Read more Sensex Today | Stock Market LIVE Updates: Global market update S&P 500 futures fell 0.2% as of 11:41 a.m. Tokyo time Japan's Topix rose 0.1% Australia's S&P/ASX 200 rose 0.7% Hong Kong's Hang Seng was little changed The Shanghai Composite was little changed Euro Stoxx 50 futures rose 0.6% Sensex Today | Stock Market LIVE Updates: Sensex drops over 50 pts in pre-open session, Nifty trades flat Sensex Today | Stock Market LIVE Updates: FOREX news The euro fell 0.2% to $1.1622 The Japanese yen fell 0.4% to 148.41 per dollar The offshore yuan was little changed at 7.1796 per dollar Sensex Today | Stock Market LIVE Updates: Reliance Power shares in focus after board clears ₹6,000 crore QIP plan Reliance Power shares will be in focus on Thursday after the board approved a ₹6,000 crore fundraising plan through Qualified Institutions Placement (QIP) and other permissible routes. The company plans to issue equity shares or equity-linked instruments to qualified institutional buyers (QIBs). Read more Sensex Today | Stock Market LIVE Updates: L&T Tech shares in focus as Q1 profit inches up, revenue grows 16% YoY Shares of L&T Technology Services (LTTS) will be in focus on Thursday after the company posted a slight 0.7% year-on-year rise in consolidated net profit for Q1FY26, coming in at ₹316 crore compared to ₹314 crore in the year-ago period. Read more Sensex Today | Stock Market LIVE Updates: Angel One shares in focus after Q1 profit falls 61% YoY Angel One shares will be in focus on Thursday after the company posted a sharp 61% year-on-year decline in net profit to ₹114.4 crore for the June 2025 quarter, compared to ₹292.7 crore in the same period last year. Revenue also dropped 19% YoY to ₹1,140 crore from ₹1,405 crore. Sensex Today | Stock Market LIVE Updates: Are asset managers a safer bet than brokers in India's capital market? Amid regulatory scrutiny affecting exchanges and brokerage firms, money managers are viewing asset management companies (AMCs) as a safer bet in India's capital markets. While broking stocks may see potential degrowth, AMCs are expected to benefit from steady inflows. Experts also recommend selective exposure to banking stocks with AMC arms, citing attractive valuations. Sensex Today | Stock Market LIVE Updates: Transrail Lighting stock soars 58% in 3 months driven by strong revenue growth, robust order pipeline Transrail Lighting's stock rallied after the company posted strong Q1 results, marked by double-digit growth in both revenue and profit. The EPC firm, focused on power transmission and distribution, is gaining momentum from a healthy order book and ongoing capacity expansion initiatives. Sensex Today | Stock Market LIVE Updates: Steel firms to see profit growth amid price hikes, cheaper coking coal Steelmakers are expected to post higher profits in the fiscal first quarter, supported by a recovery in domestic steel prices and a drop in coking coal costs, despite a likely dip in sales volumes. In contrast, non-ferrous metal producers are likely to face a tough quarter, with projected declines in revenue and EBITDA amid weaker commodity prices and subdued demand. Sensex Today | Stock Market LIVE Updates: Jio Financial to announce Q1 results today Sensex Today | Stock Market LIVE Updates: Jio Financial Services is scheduled to announce its Q1 earnings today, accompanied by an analyst presentation. Key players such as Axis Bank, Wipro, and LTIMindtree are also set to release their quarterly results. In Q4 FY25, Jio Financial reported a modest rise in profit and revenue. Meanwhile, its mutual fund subsidiary, Jio BlackRock, recently received SEBI approval to launch five new index funds. Forex Market LIVE Updates: Dollar on shaky ground as markets fret about Fed independence The dollar remained fragile amid concerns that President Trump might remove Federal Reserve Chair Jerome Powell, unsettling U.S. market confidence. Although Trump denied any immediate plans, he kept the possibility open while criticizing Powell's interest rate decisions. Investors worry that any threat to the Fed's independence could further erode confidence in the dollar. Sensex Today | Stock Market LIVE Updates: Oil rises as demand hopes and economic data lift sentiment Oil prices rebounded after earlier declines, supported by strong economic data from key oil-consuming countries and signs of easing trade tensions. A sharp drop in U.S. crude inventories pointed to rising refinery activity and stronger demand. While concerns persist over tariffs and slowing growth in China, optimism around U.S. trade negotiations provided additional support. Sensex Today | Stock Market LIVE Updates: Gold dips as dollar firms, Trump's Powell remarks ease market jitters Gold prices slipped in early Asian trading on Thursday, weighed down by a stronger dollar and easing market jitters after U.S. President Donald Trump stated it was "highly unlikely" he would remove Federal Reserve Chair Jerome Powell. US Market LIVE Updates: Wall Street closes higher after brief dip sparked by confusion over Powell firing rumors Wall Street benchmarks ended modestly higher on Wednesday, with the Nasdaq Composite hitting another record close, despite a brief period of turmoil sparked by reports that U.S. President Donald Trump might fire Federal Reserve Chair Jerome Powell. Asian Market LIVE Updates: Asian stocks waver at open after Trump-Powell saga Asian stocks struggled for direction at the open after US markets had a volatile session amid speculation about the future of Federal Reserve Chair Jerome Powell. Sensex Today | Stock Market LIVE Updates: Stocks in news: Axis Bank, Tech Mahindra, Wipro, LTIMindtree, Angel One In today's session, stocks like Axis Bank, Tech Mahindra, Wipro, LTIMindtree, and Angel One will be in focus amid key news developments and their Q1 earnings announcements. GIFT Nifty LIVE Updates: GIFT Nifty (Earlier SGX Nifty) signals a positive start GIFT Nifty on the NSE IX traded higher by 40 points, or 0.16 per cent, at 25,271, signaling that Dalal Street was headed for positive start on Thursday. Sensex Today | Stock Market LIVE Updates: Ahead of Market: 10 things that will decide stock market action on Thursday Indian markets ended marginally higher on Wednesday, supported by gains in PSU banks and IT stocks. Positive domestic cues helped offset global worries surrounding persistent U.S. inflation and trade tariff tensions. Read more Sensex Today | Stock Market LIVE Updates: Sensex, Nifty on Wednesday Indian benchmark indices, Sensex and Nifty, ended slightly higher on Wednesday, recovering early losses as gains in PSU banks and IT stocks helped counter broader regional weakness triggered by renewed concerns over rising U.S. inflation. Read more
News18
17-07-2025
- Business
- News18
Stock Market Updates: Sensex, Nifty Trade Flat; Mid, Smallcap Indices Edge Higher; IT Drags
Last Updated: Benchmark indices Sensex and Nifty are expected to open on a flat-to-positive note on Thursday Sensex Today: Indian stock markets opened on a cautious note Thursday as investors weighed June quarter earnings and global signals, including recent comments from former US President Donald Trump on the India-US trade deal. The session is also expected to remain volatile due to the weekly expiry of Nifty50's F&O contracts. At 9:30 AM, the BSE Sensex was up 30 points at 82,665, while the Nifty50 slipped marginally by 3 points to 25,208, indicating a flat start. Among the top gainers on the Sensex were Trent, M&M, Sun Pharma, BEL, Bharti Airtel, Tata Motors, and Titan Company, rising up to 0.6% in early trade. On the flip side, Tech Mahindra, ICICI Bank, Zomato (Eternal), Reliance Industries, HUL, and Adani Ports were among the laggards, falling as much as 1.2%. In the broader market, the Nifty MidCap and Nifty SmallCap indices gained up to 0.4%, reflecting a slightly positive undertone. Sectorally, Nifty IT and Nifty Private Bank indices were trading in the red, albeit off their early lows. Meanwhile, Nifty Realty outperformed, rising 1% in early trade. Global Cues Markets were also unsettled by Trump's contradictory statements regarding Federal Reserve Chairman Jerome Powell. While Trump told reporters that he had no immediate plans to remove Powell, he added, 'I don't rule out anything," following earlier reports suggesting the opposite. He further escalated trade tensions by reiterating plans to impose a 25% tariff on Japanese imports, dimming hopes for a near-term US-Japan trade agreement. Asian markets reacted cautiously to these developments. Japan's Nikkei 225 slipped 0.46%, South Korea's Kospi declined 0.79%, and Topix remained flat. Australia's ASX 200 stood out with a 0.54% gain, offering a rare bright spot in the region. Meanwhile, US equity futures edged lower in early Asian trade. S&P 500 futures dropped 0.17%, Nasdaq 100 futures fell 0.18%, and Dow futures were down by nearly 80 points or 0.18%. This comes after a volatile session on Wall Street on Wednesday that ended with modest gains. The S&P 500 rose 0.32% to 6,263.70, the Dow Jones gained 231.49 points (0.53%) to settle at 44,254.78, and the Nasdaq Composite added 0.26%, ending at a record 20,730.49 for the ninth straight session. Looking ahead, investors will closely monitor key data releases including US June retail sales, trade figures, and weekly jobless claims for the period ended July 12. In the Eurozone, focus will be on June inflation and core inflation data, which are expected to provide further direction to the global risk appetite. view comments First Published: July 17, 2025, 09:13 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
