Indian Market News

Bernstein has revised its India model portfolio by dropping exposure to the Nifty IT index and reducing its allocation to private sector banks, citing the absence of a broad market trigger and continued macroeconomic uncertainties. In its July 1 note

Retail investors stepped up participation in the Indian equity market during the April-June quarter, purchasing shares worth ₹35,328 crore, according to NSE data. The buying marked the strongest quarterly inflow from individual investors since the

Information technology stocks staged a strong comeback on 2 July, lifting the Nifty IT index more than 4% after it had declined for four consecutive trading sessions. The recovery was driven by gains in large-cap software companies, helping the secto

Indian benchmark indices are expected to begin Thursday’s session on a firm note after Gift Nifty indicated a higher opening, even as weakness in global technology shares weighed on sentiment across Asian markets. Gift Nifty was trading around 24,1

Indian equities are likely to witness stock-specific action on 2 July as companies across banking, pharmaceuticals, retail, infrastructure and manufacturing announced operational updates, business performance and regulatory developments. Quarterly bu

India’s manufacturing activity slowed to a three-month low in June, reflecting softer international demand and a moderation in production, hiring, and purchasing activity. According to the HSBC India Manufacturing Purchasing Managers’ Index (PMI)

The Nifty IT index was under pressure on Tuesday, extending its losing streak to four days even when the broader market was trading on an uptrend. Investors' sentiment on the sector stayed negative, due to fears over the slowdown in technology spend,

Shares of Mahindra & Mahindra (M&M) rose nearly 3% in early trade on Wednesday after the company reported June sales that surpassed market expectations across its automotive and tractor businesses. At around 10:01 am, the stock was trading

Gift Nifty indicated a muted opening for Indian benchmark indices on Wednesday despite positive cues from Wall Street, as investors continued to monitor geopolitical developments in West Asia and global financial markets. Gift Nifty was trading near

Several stocks are expected to remain in focus on Wednesday after companies announced fundraising plans, project wins, acquisitions and debt issuances following Tuesday’s market hours. Bank of Maharashtra, NTPC Green Energy, Axis Bank, RailTel, Max

Proprietary trading companies in India and other stock market participants are bracing themselves for changes in their funding systems due to the RBI’s new guidelines on bank guarantees taking effect from July 1. The new system will require bank gu

The Nifty IT index dropped nearly 2% on Tuesday, marking its third straight session of losses, as investors trimmed exposure to technology stocks amid concerns that elevated U.S. interest rates could delay corporate technology spending. At around