At 09:30 IST, the barometer index, the S&P BSE Sensex was down 71.27 points or 0.09% to 79,926.47. The Nifty 50 index lost 29.20 points or 0.12% to 24,165.30.
Posts in category All News
Sensex, Nifty flat in early trade as mixed global cues weigh on D-St (27-11-2024)
Indian benchmark equity indices opened flat on Wednesday, with gains in some stocks offset by losses in others. The Sensex traded slightly lower, while the Nifty50 also dipped. Adani Group stocks saw gains of up to 4%, countering losses in companies like Reliance Industries and Bharti Airtel.
Gold Price Today: Gold prices fall by Rs 1,900/10 gm this week, silver down by Rs 2,150/kg (27-11-2024)
Gold prices fell by Rs 1,900/ 10 grams in this week so far while silver prices fell by Rs 2,145/kg in the same period.
Buy SBI Life Insurance, target price Rs 1,978: ICICI Securities (27-11-2024)
ICICI Securities maintains a buy call on SBI Life with a target price of Rs 1978. The brokerage cites attractive valuation and strong long-term growth potential, despite potential near-term adjustments in channel preferences. They believe the current valuation correction is overdone, given SBI Life’s distribution and margin levers. The company reported strong Q2 earnings, with net profit up significantly year-over-year.
Mahindra & Mahindra Ltd Spikes 2.55% (27-11-2024)
Mahindra & Mahindra Ltd has added 10.17% over last one month compared to 2.53% fall in BSE Auto index and 0.02% drop in the SENSEX
Prestige Estates Projects Ltd Falls 3.44% (27-11-2024)
Prestige Estates Projects Ltd has lost 0.36% over last one month compared to 3.48% gain in BSE Realty index and 0.02% drop in the SENSEX
F&O Radar| Deploy Bull Call Spread in Nifty for potential gains from bullish stance (27-11-2024)
The Nifty 50 index closed lower after giving up morning gains. The index formed a bearish candle. Analysts suggest the index needs to hold above 24150 for a potential uptrend towards 24350 and 24500. Support levels are at 24150 and 24000. Options data indicates a trading range between 23700 and 24700.
Ola Electric shares climb 6% following the launch of 2 affordable electric scooters (27-11-2024)
Ola Electric shares are in focus following the launch of two new affordable electric scooter ranges, the S1 Z and Gig, starting at Rs 39,000. The scooters feature removable batteries and are aimed at urban commuters and gig workers. Deliveries will begin in April 2025. Ola’s shares rose 5.7%, despite a 41% decline over the past three months, with a market cap of Rs 32,406 crore.
Hot Stocks: Morgan Stanley, JPMorgan initiates coverage on Hyundai Motor; sees 17-24% upside in 1 year (27-11-2024)
Hyundai Motor is attracting attention from global brokerage firms like JPMorgan and Morgan Stanley, both giving it an ‘Overweight’ rating. They predict substantial returns for investors, setting target prices of Rs 2,200 and Rs 2,418 respectively. Hyundai’s strong SUV and EV portfolio, coupled with India’s growing auto market and premiumization trend, positions it for success.