NIFTY PHARMA
Emcure Pharma shares jump 7% after Q2 profit rises 29% YoY to Rs 325 crore
Emcure Pharmaceuticals shares rose up to 7.3% after the company reported a 29.3% year-on-year increase in Q2 FY27 profit to Rs 325.1 crore. Revenue grew 24.3%, while EBITDA rose 30.9%, supported by strong international business growth.
Why did market rally today? Sensex jumps 1,225 pts, Nifty closes above 23,800. 6 key factors behind today's surge
The Indian stock market witnessed a notable uptick on Tuesday, with Sensex and Nifty showing substantial growth. This surge was primarily driven by declining oil prices and favorable sentiments around the long-term capital gains tax. Enthusiasm among investors surged, particularly following significant net buying from foreign institutional investors. Though sectors such as Nifty Auto and Financial Services rallied, Nifty Pharma lagged behind.
Oil Price Today (November 3): Crude oil rebounds to $105 as fresh attacks outweigh peace talks. What are experts saying?
Crude oil price : Oil prices experienced a slight increase following reports of a US strike on Iran's Qeshm Island. Concerns have risen regarding the potential escalation of the ongoing conflict in the Middle East. Goldman Sachs has revised its oil price forecasts upward, contemplating a possible future increase to $140 per barrel. Meanwhile, Tehran continues discussions with the US to seek peace despite ongoing military tensions.
FPI holding hits multi-year lows in 70% of top 100 Indian companies
Foreign investors have significantly reduced their holdings in nearly 70% of India's leading companies in recent years. Major firms, including banks and IT sectors, are seeing foreign ownership decline to multi-decade lows. This decrease in foreign investments mirrors diminished expectations for growth in India relative to other global markets. Although some companies experience slight increases in foreign ownership, they still remain at historical lows.
Market wrap: RIL, Tata Steel, Infosys, ICICI Bank top gainers and losers on Nifty and Sensex on Monday
Indian markets rallied sharply, with Sensex gaining 1.66% to 75,693 and Nifty rising 1.68% to 23,441. Strong quarterly earnings lifted investor sentiment, led by Reliance Industries, metals and oil and gas stocks, while market breadth remained positive.
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Why did market rally today? Sensex soars 1,233 pts, Nifty ends above 23,400. 7 factors behind Rs 8 lakh crore gains
On Monday, a remarkable surge in the Indian stock market was observed, with the Sensex soaring by 1,233 points. This uplift was driven by plummeting oil prices and robust earnings reports from key players like Reliance Industries. The return of foreign institutional investors as net buyers after a recent retreat, along with the anticipation of potential relief in long-term capital gains tax, spurred a wave of optimism.
Diwali 2026: 77 stocks knock down D-St bears to deliver multibagger returns of up to 4,700% in a year
With Diwali 2026 on the horizon, 77 stocks have thrived despite market fluctuations, marking exceptional returns. Mrugesh Trading showcases an astonishing gain of 4,657%, while Axis Solution follows closely with 1,081%. Other strong performers are Sterlite Technologies and Cupid, each demonstrating impressive growth. Analysts are hopeful for a market rebound thanks to falling crude oil prices, which could positively impact sectors such as automotive, capital goods, and pharmaceuticals.
Nifty’s comeback or a largecap trap? Anand James decodes breadth, IT and Swiggy
Anand James, Chief Market Strategist at Geojit Investments, says the recovery still looks like a narrow largecap-led bounce, even as the 18% surge in Nifty IT points to the early stages of a possible leadership cycle. He also assesses Swiggy’s rebound prospects and names his top stock ideas for the week.
Stocks in news: Reliance Industries, Jio Platforms, M&M, CDSL, ITC, NTPC, IOCL and Hero MotoCorp
Indian equity benchmarks closed higher on Friday, with significant gains recorded in the Nifty 50 and BSE Sensex. Several major companies, including Reliance Industries and Jio Platforms, published positive quarterly earnings results. Reliance Industries saw a 41% increase in net profit, supported by strong performances in various sectors. Other companies like Sun Pharma and Indian Oil Corporation also reported significant changes in their net profits.
Ahead of Market: 10 things that will decide stock market action on Monday
Sensex and Nifty ended the week up about 0.5%, supported by resilient large-cap, IT and healthcare stocks. However, midcap and smallcap indices fell as much as 2% amid rising crude oil prices, inflation concerns and a global technology sell-off.
F&O Talk: Big break above 23,200 can open doors for 23,500 for Nifty; Sudeep Shah picks 6 stocks ahead of Diwali
Nifty could extend its recovery towards 23,500 if it decisively breaks above the 23,150–23,200 resistance zone, says SBI Securities' Sudeep Shah. He also shares his outlook on IT, midcap and smallcap indices, sector trends and six stocks, including TVS Motor, Coforge and ICICI Bank, ahead of Diwali.
Short-term headwinds, yes; owning the ecosystem is better: 20 healthcare stocks with downside risk of 23% to upside potential of 41%
The healthcare sector is under scrutiny. The issue is pricing: What medicines cost and on what hospitals and the rest of the health ecosystem charge. And both the government and the courts have stepped in. At one level, that is not entirely a bad thing. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members.
Dalal Street Weak Ahead: Nifty stands on firmer footing, but can it break past 23,450?
The Nifty gained 2% last week, recovering above the crucial 200-week moving average at 22,700. While easing volatility and buying at lower levels support the rebound, bearish momentum indicators suggest caution. Analysts identify 23,300–23,450 as immediate resistance and 22,750–22,525 as key support for the coming week.
Market wrap: Shriram Finance, Nestle India, Trent, InterGlobe top gainers and losers on Nifty and Sensex on Friday
The Nifty 50 rose 0.51% to close at 23,053.10 on Friday, while the Sensex gained 308 points to 74,459.53. Trent and InterGlobe led the gainers, while Shriram Finance and Nestle India topped the Nifty losers. Broader markets remained weak, with midcap and smallcap indices falling up to 2%.
Sensex rises 308 points, Nifty above 23,000 even as broader markets crash. Will D-Street bulls extend recovery next week?
Indian market indices Sensex and Nifty ended the week on a high note, each climbing by up to 0.5%. Even as the broader market suffered losses, standout performers like Trent and IndiGo flourished thanks to positive earnings. The Nifty IT index was a highlight, soaring over 2%, while Nifty Consumer Durables fell nearly 2%.
Sensex, Nifty turn lower; broader markets crash as oil tops $116/barrel. What lies ahead?
Indian equities turned lower as crude oil prices crossed $116 per barrel, raising concerns about inflation and economic growth. While the Sensex and Nifty posted modest declines, midcap and smallcap indices fell more sharply amid weak market breadth.
Nifty rout hides a striking bull run: Smallcap universe gives 60 multibaggers since last Diwali
The stock market in India has encountered a rough patch, evidenced by the Nifty's decline of over 11% since last Diwali. However, smallcap stocks have emerged as stars, with 60 multibagger stocks tripling investors' money; Sterlite Technologies notably climbed 649.7%. Investors are cautioned to consider valuations seriously while pinpointing companies with significant growth potential for smarter investment decisions.
Stocks in news: RIL, Jio, Trent, Suzlon Energy, IndiGo, Vedanta Power and RVNL
On Thursday, Indian equities experienced a recovery, with Nifty closing above the 22,900 mark. Stocks such as Reliance Industries, Jio Platforms, and IndiGo are expected to remain in focus. Several companies reported varied profit results for the September quarter, impacting market sentiment. Regulatory developments and credit rating updates are also being closely monitored by investors. The upcoming earnings announcements from notable companies will further influence market activity.
Ahead of Market: 10 things that will decide stock market action on Friday
Indian equities rallied over 1% on Thursday as the Federal Reserve held interest rates steady, crude prices eased and institutional buying strengthened sentiment. Sensex gained 905 points, while Nifty rose 238 points, adding nearly ₹5 lakh crore in market value.
Sensex, Nifty fall as IT stocks slide, rising oil prices weigh
Indian equity markets took a hit on Wednesday, primarily due to declines in the IT sector and escalating crude oil prices. Both the Sensex and Nifty closed lower, showcasing investors' cautious mood amidst significant intraday drops. Key downturns were influenced by Reliance Industries along with various IT stocks, but the auto sector and select banking stocks sparked some buying activities that alleviated part of the losses.
Ahead of Market: 10 things that will decide stock market action on Thursday
Indian markets closed lower on Wednesday as rising crude oil prices and Middle East tensions hurt sentiment. Sensex fell 353 points to 73,246, while Nifty slipped 51 points to 22,699 despite a late recovery.
Why did market fall today? Sensex falls 353 points, Nifty closes below 22,700 despite Jio’s solid debut; 4 triggers spooking D-Street
In a challenging session, the Indian stock market dipped into the red due to increased oil prices and a slump in IT stocks. Jio Platforms’ promising launch couldn't counter the broader fears stemming from escalating conflicts in the Middle East. Major indices dropped sharply, impacted by worries about inflation and fluctuating bond yields.
Smallcap stocks rally up to 21% in 2 days: Should you chase the rush or book profits?
In the last two trading sessions, smallcap stocks have experienced an impressive resurgence, with certain stocks posting significant gains. As investors weigh their options, they face the decision of whether to capitalize on this upswing or secure profits amidst growing caution. Technical analysts identify critical resistance levels, foreseeing possible pullbacks. They recommend partial profit-taking at these points while also highlighting several stocks with promising recovery signs for potential purchases.
Ahead of Market: 10 things that will decide stock market action on Wednesday
Sensex and Nifty closed marginally lower as elevated crude oil prices and Fed uncertainty tempered sentiment. Smallcaps surged over 2%, midcaps gained over 1%, and market breadth favoured bulls, with 2,455 NSE stocks advancing.
Market wrap: Bharti Airtel, Tata Consumer, Asian Paints, Coal India top gainers and losers on Nifty and Sensex on Tuesday
Indian equity benchmarks ended nearly flat on Tuesday, with the Nifty 50 slipping 0.02% and the Sensex falling 8 points amid elevated crude prices and caution ahead of the US Fed decision. Tata Consumer and Bharti Airtel led gainers, while Asian Paints and Coal India topped the losers’ list.
Sensex, Nifty close flat while small, midcaps rally. What analysts are saying?
During a day marked by volatility, Indian stock market indices Sensex and Nifty concluded with minor dips, primarily due to oil prices nearing $105 per barrel, instilling caution in the investment community. Conversely, the Nifty Smallcap and Midcap indices thrived, achieving noteworthy gains. Experts suggest that despite pullbacks in IT and private banking segments, the market holds attractive valuations.
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