Latest news with #VikasJain
Hindustan Times
18 hours ago
- Business
- Hindustan Times
Sensex and Nifty surge on optimism over US trade deal
Benchmark indices Sensex and Nifty rallied in early trade on Wednesday amid optimism around a possible trade agreement with the US. India's manufacturing sector growth rose to a 14-month high of 58.4 in June.(REUTERS file) Buying in IT blue-chip stocks also drove the equity markets higher during the initial trade. The 30-share BSE Sensex climbed 236.56 points to 83,933.85 in early trade. The 50-share NSE Nifty went up by 66.3 points to 25,608.10. From the Sensex firms, Infosys, Tech Mahindra, Tata Steel, Sun Pharma, Tata Consultancy Services and Tata Motors were among the biggest gainers. However, Bajaj Finserv, Asian Paints, Bharat Electronics and Bajaj Finance were among the laggards. India's manufacturing sector growth rose to a 14-month high of 58.4 in June marked by improved trends in output and new orders, alongside a record upturn in employment, a monthly survey said on Tuesday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index – an indicator of sector performance - was 57.6 in May. "The market is expected to open on a positive note, supported by strong domestic cues such as a 14-month high in manufacturing PMI, a narrowing trade deficit, and optimism around a potential trade agreement with the US," Vikas Jain, Head of Research at Reliance Securities, said in his pre-market views. Gross GST collection increased by 6.2 per cent to over ₹ 1.84 lakh crore in June but slipped below the ₹ 2 lakh crore mark recorded in the previous two months. The GST mop-up stood at ₹ 1.74 lakh crore a year ago, as per government data released on Tuesday. "After breaking the 24,500-25,000 range Nifty has moved to the new range of 25,200-25,800. Positive news about a possible trade deal between India and the US can help break the upper limit of the range but it would be difficult to sustain the Nifty at higher levels for long. A surprise element is the resilience of the US economy and corporate earnings, which in turn is imparting resilience to the US market, despite the tariffs," VK Vijayakumar, Chief Investment Strategist, Geojit Investments, said. In Asian markets, South Korea's Kospi, Japan's Nikkei 225 index and Shanghai's SSE Composite index were trading lower while Hong Kong's Hang Seng index quoted higher. The US markets ended on a mixed note on Tuesday. Global oil benchmark Brent crude traded 0.06 per cent up at USD 67.15 a barrel. Foreign Institutional Investors (FIIs) offloaded equities worth ₹ 1,970.14 crore on Tuesday, according to exchange data. In the previous trading session, the Sensex rose by 90.83 points or 0.11 per cent to settle at 83,697.29. The Nifty gained 24.75 points or 0.10 per cent to close at 25,541.80.
The Hindu
19 hours ago
- Business
- The Hindu
Markets rally in early trade amid optimism around India-U.S. trade deal
Benchmark indices Sensex and Nifty rallied in early trade on Wednesday (July 2, 2025) amid optimism around a possible trade agreement with the US. Buying in IT blue-chip stocks also drove the equity markets higher during the initial trade. The 30-share BSE Sensex climbed 236.56 points to 83,933.85 in early trade. The 50-share NSE Nifty went up by 66.3 points to 25,608.10. From the Sensex firms, Infosys, Tech Mahindra, Tata Steel, Sun Pharma, Tata Consultancy Services and Tata Motors were among the biggest gainers. However, Bajaj Finserv, Asian Paints, Bharat Electronics and Bajaj Finance were among the laggards. India's manufacturing sector growth rose to a 14-month high of 58.4 in June marked by improved trends in output and new orders, alongside a record upturn in employment, a monthly survey said on Tuesday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index – an indicator of sector performance —was 57.6 in May. "The market is expected to open on a positive note, supported by strong domestic cues such as a 14-month high in manufacturing PMI, a narrowing trade deficit, and optimism around a potential trade agreement with the US," Vikas Jain, Head of Research at Reliance Securities, said in his pre-market views. Gross GST collection increased by 6.2% to over ₹1.84 lakh crore in June but slipped below the ₹2 lakh crore mark recorded in the previous two months. The GST mop-up stood at ₹1.74 lakh crore a year ago, as per government data released on Tuesday. "After breaking the 24,500-25,000 range Nifty has moved to the new range of 25,200-25,800. Positive news about a possible trade deal between India and the US can help break the upper limit of the range but it would be difficult to sustain the Nifty at higher levels for long. A surprise element is the resilience of the US economy and corporate earnings, which in turn is imparting resilience to the US market, despite the tariffs," V.K. Vijayakumar, Chief Investment Strategist, Geojit Investments, said. In Asian markets, South Korea's Kospi, Japan's Nikkei 225 index and Shanghai's SSE Composite index were trading lower while Hong Kong's Hang Seng index quoted higher. The US markets ended on a mixed note on Tuesday. Global oil benchmark Brent crude traded 0.06% up at $67.15 a barrel. Foreign Institutional Investors (FIIs) offloaded equities worth ₹1,970.14 crore on Tuesday, according to exchange data. In the previous trading session, the Sensex rose by 90.83 points or 0.11% to settle at 83,697.29. The Nifty gained 24.75 points or 0.10% to close at 25,541.80.
News18
6 days ago
- Entertainment
- News18
Laughter Chefs 2: Vikas Jain Posts BTS Moments With Ankita Lokhande, Karan Kundrra
Last Updated: Vikas Jain shared pictures of himself alongside Elvish Yadav, Ankita Lokhande, Samrath Jurel and Karan Kundraa. As Laughter Chefs Season 2 inches closer to its grand finale, emotions are running high on the celebrity cooking show. Known for its hilarious kitchen mishaps, light-hearted comedy, and star-studded cast, the show has been a fan favourite since its debut. Now, with the end in sight, Vikas Jain, who has been part of the journey since season 1, shared a heartfelt note reflecting on his time with the show and the special bond he's built with the cast and crew. After shooting Laughter Chefs 2's final episode, Vikas Jain shared some behind-the-scenes pictures with the co-contestants, showing the bond they share. The first snippet showed Vikas and Elvish Yadav, dressed in their crisp formal suits, striking some cool poses for the lenses. Following this, we can see the two clicking a goofy picture with Ankita Lokhande. In the next picture, Vikas is seen standing in front of a mirror as he gets clicked from behind. Then, there are some pictures of him alongside Samrath Jurel, Karan Kundraa, the director and writer of the show. The last picture is our favourite! It is a perfect frame showing the entire Laughter Chefs team smiling and posing for the camera. Alongside the bunch of pictures, he penned, 'Laughter Chefs is a show that is very close to my heart – not just mine but everyone's. I will not call the people part of it my co-contestants, as they have become my family in Mumbai. I will always be grateful to each and every one of the contestants and the makers for giving us this beautiful opportunity that will always remain special." 'And I promise this bond will not break. Laughter Chefs reunions will keep happening at my place. Miss you all. Love you all," he added. View this post on Instagram A post shared by Vikas Jain (@realvikasjainn) In no time, reality TV star Elvish Yadav chimed in the comments section of the post and responded, 'Love you." Karan Kundrra and Samarth Jurel dropped red heart emoticons, while fans bombarded the post with heartfelt reactions. 'Teen bhai teeno tabaahi," a fan wrote. Another commented, 'My favourites," with an evil-eye emoji. 'Beautiful people and beautiful bond," an individual stated. Hosted by Bharti Singh, Laughter Chefs season 1 premiered in 2024 with a star-studded lineup. The show, based on a Tamil show titled Cooku With Comali, features celebrity participants in pairs who are required to cook dishes with particular criteria assigned by chef Harpal Singh Sokhi. After a successful season one, the show returned for a second chapter, which had double the fun, comedy and star power. The second season aired on January 25, with Bharti Singh returning as the host and Harpal Singh Sokhi as the judge. Within just a few weeks, the team saw some changes in the contestants. Abdu Rozik and Mannara Chopra were part of the initial line-up but were later replaced by Karan Kundrra and Nia Sharma. Reem Shaikh and Aly Goni returned to the show mid-season. As of now, the season features popular names like Rubina Dilaik, Rahul Vaidya, Elvish Yadav, Karan Kundrra, Reem Shaikh, Aly Goni, Ankita Lokhande, Vicky Jain, Krushna Abhishek, Kashmera Shah, Samarth Jurel, Nia Sharma and Sudesh Lehri. First Published:
NDTV
25-06-2025
- Business
- NDTV
Sensex, Nifty Jump In Early Trade As Tensions Ease In Middle East
Mumbai: Benchmark indices Sensex and Nifty surged in early trade on Wednesday mirroring a rally in global markets amid signs of easing tensions in the Middle East following a ceasefire between Iran and Israel. The 30-share BSE Sensex jumped 426.79 points to 82,481.90 in early trade. The 50-share NSE Nifty climbed 123.25 points to 25,167.60. From the 30-Sensex firms, Titan, HCL Tech, Reliance Industries, UltraTech Cement, Hindustan Unilever and Tata Steel were among the major gainers. Kotak Mahindra Bank and ICICI Bank were the laggards. "Markets are expected to open on a positive note, supported by easing geopolitical tensions following the ceasefire between Iran and Israel, US market closing on a 4-month high, and a sharp drop in crude oil prices- down over 15 per cent in the past few days to below $68 per barrel, a 5-month low," Vikas Jain, Head of Research at Reliance Securities, said, in his pre-open market commentary. In Asian markets, South Korea's Kospi, Shanghai's SSE Composite index and Hong Kong's Hang Seng were trading higher while Japan's Nikkei 225 index quoted marginally lower. US markets ended significantly higher on Tuesday. "A significant feature of the recent market trend has been its resilience despite major challenges like the West Asian crisis. Even during the short India-Pak conflict the market has been resilient. A significant contributor to this resilience has been FII buying during the crisis. Interestingly FIIs have been selling, like yesterday, after the crisis blows over. "On the other hand DIIs have been sustained buyers in the market, thanks to the continuing inflows into mutual funds. This will impart resilience to the market even when FIIs sell on valuation concerns," VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said. Global oil benchmark Brent crude jumped 1.30 per cent to USD 68.01 a barrel. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 5,266.01 crore on Tuesday, according to exchange data. Domestic Institutional Investors (DII) bought stocks worth Rs 5,209.60 crore. On Tuesday, the 30-share Sensex settled in the green, climbing 158.32 points or 0.19 per cent to 82,055.11. On similar lines, the Nifty rose by 72.45 points or 0.29 per cent to end at 25,044.35.
The Hindu
25-06-2025
- Business
- The Hindu
Markets surge in early trade tracking rally in global peers
Benchmark indices Sensex and Nifty surged in early trade on Wednesday (June 25, 2025) mirroring a rally in global markets amid signs of easing tensions in the Middle East following a ceasefire between Iran and Israel. The 30-share BSE Sensex jumped 426.79 points to 82,481.90 in early trade. The 50-share NSE Nifty climbed 123.25 points to 25,167.60. From the 30-Sensex firms, Titan, HCL Tech, Reliance Industries, UltraTech Cement, Hindustan Unilever and Tata Steel were among the major gainers. Kotak Mahindra Bank and ICICI Bank were the laggards. "Markets are expected to open on a positive note, supported by easing geopolitical tensions following the ceasefire between Iran and Israel, US market closing on a 4-month high, and a sharp drop in crude oil prices— down over 15% in the past few days to below $68 per barrel, a 5-month low," Vikas Jain, head of research at Reliance Securities, said, in his pre-open market commentary. In Asian markets, South Korea's Kospi, Shanghai's SSE Composite index and Hong Kong's Hang Seng were trading higher while Japan's Nikkei 225 index quoted marginally lower. U.S. markets ended significantly higher on Tuesday (June 24, 2025). "A significant feature of the recent market trend has been its resilience despite major challenges like the West Asian crisis. Even during the short India-Pak conflict the market has been resilient. A significant contributor to this resilience has been FII buying during the crisis. Interestingly FIIs have been selling, like yesterday, after the crisis blows over. "On the other hand DIIs have been sustained buyers in the market, thanks to the continuing inflows into mutual funds. This will impart resilience to the market even when FIIs sell on valuation concerns," V.K. Vijayakumar, chief investment strategist, Geojit Investments Limited, said. Global oil benchmark Brent crude jumped 1.30% to $68.01 a barrel. Foreign Institutional Investors (FIIs) offloaded equities worth ₹5,266.01 crore on Tuesday, according to exchange data. Domestic Institutional Investors (DII) bought stocks worth ₹5,209.60 crore. On Tuesday, the 30-share Sensex settled in the green, climbing 158.32 points or 0.19% to 82,055.11. On similar lines, the Nifty rose by 72.45 points or 0.29% to end at 25,044.35.
