Suzlon Energy’s meteoric 1,300% surge from Rs 6 three years ago to its 52-week high of Rs 86 in September (NSE) marked a stellar run. However, the rally has since hit a consolidation phase. Despite still delivering a staggering 980% return at current levels, the stock’s muted performance over the past 10 months signals growing … Read more
“Look at companies like UltraTech Cement. They have performed very well, much better than market expectations. Yes, monsoon is not a time for cement, but in spite of that market is appreciating the performance of some of these large companies,” says Sudip Bandyopadhyay, Group Chairman, Inditrade Capital.Give us a sense of what you have made … Read more
Domestic brokerage firm Motilal Oswal expects a muted earnings performance in Q4FY25, projecting just 2% year-on-year (YoY) growth for the Nifty 50 index. The subdued growth outlook reflects persistent challenges across key sectors, particularly Oil & Gas (O&G), Cement, and Real Estate, even as segments like Technology, Auto, and BFSI are expected to provide moderate … Read more
The Indian market witnessed the biggest single day fall in over 4 years on Tuesday as the actual election results significantly deviated from the exit polls as well as expectations of market participants. The S&P BSE Sensex plunged over 4000 points while the Nifty50 closed below 22,000 to record its biggest single-session fall in over … Read more
Benchmark indices snapped two days of losses to close higher on Tuesday. The 30-share BSE Sensex rose 204 points to settle at 66,174 and Nifty gained 95 points to end at 19,889. Stocks that were in focus included names like NDTV, which rose 12%, TCS, which jumped 0.4%, and Suzlon Energy, whose shares declined 4% … Read more
After the market climbed walls of worries posed by two wars, a slowing global economy and higher for longer interest rates in Samvat 2079, market insiders expect strong earnings and a healthy economic outlook to support gains in Samvat 2080. The Hindu accounting year began with an upgrade from global brokerage Goldman Sachs which said … Read more
Indian equity indices closed in the red on Wednesday, tracking muted global cues. The S&P BSE Sensex fell more than 550 points while the Nifty50 closed below 19700 levels. Sectorally, buying was seen in healthcare and auto stocks while power, banks, the public sector, and utilities sectors saw some selling pressure. Stocks that were in … Read more
Renewable energy solution provider Suzlon Energy hit a 5% upper circuit and 52-week high at Rs 23 in Monday’s trade on BSE after the firm announced a significantly large new order acquisition for its 3 MW series of wind turbines from Teq Green Power XI Private Limited, part of O2 Power Private Limited. “Suzlon will … Read more
The Indian market closed higher for the sixth consecutive day on Thursday. The S&P BSE Sensex rose nearly 500 points, while the Nifty50 inched closer to the 20,000 mark. Sectorally, buying was seen in FMCG, banks, healthcare, and energy stocks while some profit-taking was seen in IT, power, and capital goods stocks. Stocks that were … Read more
Indian markets closed in the green for the fourth consecutive day in a row on Monday. The S&P BSE Sensex rose nearly 500 points to end above the historic 65,000-mark while the Nifty50 closed above 19,300 to a fresh record high. Sector-wise, oil & gas, energy, public sector and metals while selling was seen in … Read more