The Indian stock market witnessed a sharp fall in intraday trade on Sunday, after the finance minister presented her ninth consecutive budget. The Sensex closed 1,546.84 points lower at 80,722.94, while the Nifty shed 495.20 points to settle at 24,825.45, reflecting a decline of nearly 2%. Market breadth was negative, with 2,299 shares declining against…
Sectorally, the Nifty PSU Bank and the Nifty Metal were the primary laggards, tumbling over 4% due to concerns over high government borrowing and falling global commodity prices. Conversely, IT stocks bucked the trend, gaining nearly 0.6%, following a supportive change in the taxation of share buybacks. Despite the knee-jerk reaction to transaction costs, the…
Union Budget 2026: The Indian stock market will remain open for trading on Sunday, February 1, as the Union Finance Minister Nirmala Sitharaman will be presenting the Union Budget for the financial year 2026-27 in the parliament today. Despite a non-working day, trading will remain open in the equity and commodity markets. Indian investors have…
Nifty 50 climbed 0.29% to settle at 25,416.65, while the S&P BSE Sensex added 222 points to finish at 82,566. This late-session recovery was largely catalyzed by the tabling of the Economic Survey 2025–26, which bolstered optimism ahead of this weekend’s Union Budget. Despite the headline gains, the overall market breadth remained cautious. The advance-decline…
Market sentiment remained indecisive on Wednesday as persistent volatility prevented any clear directional breakout. With the broader outlook still shadowed by uncertainty, investors should adopt a cautious, data-driven approach rather than chasing momentum in this unforgiving trend. Three stocks to trade today, recommended by NeoTrader’s Raja Venkatraman BANKINDIA (current price: ₹167.34) buy above ₹167, stop…
Market breadth remained firmly positive, with the advance-decline ratio significantly favoring the bulls as 1,901 stocks advanced against 2,209 declines in the broader market, though frontline strength was dominant. On the sectoral front, Nifty CPSE (+5%) and Oil & Gas (+3.4%) led the charge, with Bharat Electronics (BEL) zooming 9% on strong sentiment. Conversely, defensive…
Nifty Metal led the charge, surging nearly 3%, with Adani Enterprises and JSW Steel emerging as top performers. The banking sector also provided significant tailwinds, notably from Axis Bank (+5%) following robust quarterly results. On the other hand, Nifty Auto and FMCG faced selling pressure, with Mahindra & Mahindra dragging after profit-booking. Despite the headline…
Three stocks to trade as recommended by Raja Venkatraman of NeoTrader: Best stocks to buy today (all buy trades are rates of equity and sell rates are based on F&O) Grasim Industries Ltd: buy above ₹2,870 | stop ₹2,790 | Target ₹₹3,100 (Multiday) Eicher Motors Ltd: buy above ₹7,170 | stop ₹7,020 | Target ₹7,420…
Early in the week, concerns around the “Greenland Gambit” narrative and fears of a potential Trump-led tariff shock further weighed on investor confidence, keeping markets under sustained pressure. Two stock recommendations by MarketSmith India: Buy: Hindustan Unilever Ltd (current price: ₹2,400) Why it’s recommended: Market leader in FMCG with a strong brand portfolio, consistent cash…
Nifty 50 advanced 0.53% to settle at 25,289.90, while Sensex climbed nearly 400 points, fueled by a sharp de-escalation in global trade concerns. Market breadth was decisively positive, recording a strong overall advance-decline ratio of 2,344 stocks advancing against 849 declines. Nifty Media (+2.39%) and PSU Banks (+2.34%) were the major gainers, alongside healthy buying…
