Stock Market Today: Nifty, Sensex Advance At Open As ICICI Bank, RIL Share Prices Lead
The NSE Nifty 50 and BSE Sensex advanced at open as ICICI Bank Ltd. and Reliance Industries Ltd. share prices led. The Nifty 50 was trading 144.25 points or 0.58% higher at 24,997.40, and the Sensex was 596.02 points or 0.73% higher at 82,317.10.
Stock Market Today: Nifty, Sensex Trade Higher At Pre-Open
At pre-open, the NSE Nifty 50 was trading 0.30% or 75.55 points higher at 24,928.70, and the BSE Sensex was trading 0.17% or 138.84 points higher at 81,859.92.
Yield On The 10-Year Bond Opens Higher
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The yield on the 10-year bond opened 3 basis points higher at 6.28%
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It closed at 6.25% on Friday.
Source: Bloomberg
Rupee Opens Stronger Against US Dollar
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Rupee opened 17 paise stronger at 85.05 against US Dollar
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It closed at 85.22 a dollar on Friday.
Source: Bloomberg
Stock Market Live Update: Citi India Strategy
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Fourth Quarter Ahead But Earnings Downgrades Continue
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Nifty 50 recovered some of the YTD underperformance despite a relatively subdued domestic growth environment
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Believe consumption recovery is key to returns hereon
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Economists expect urban recovery from H2FY26, have a positive outlook on rural consumption demand
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Raise Consumer Discretionary to Neutral from Underweight earlier
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Valuations are no longer inexpensive at 20x 1yr forward P/E.
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See limited upsides from here; would be buyers of dips
Stock Market Live Update: MS On JSW Steel
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Maintain Equal-weight with a target price of Rs 1,000
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Q4 Results In-line; BPSL uncertainty remains
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Standalone EBITDA was 5% below estimates
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Overseas subsidiaries’ performance was weaker
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Management expects improvement in FY26, mainly on back of higher steel prices
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Management believes to have implemented a resolution plan in compliance with the law, and is in discussions with legal advisors for legal remedies
Stock Market Live Update: Cohance Lifesciences’s Telangana Gets US FDA VAI
The US Food Drug Administration classified inspection at Telangana active pharmaceutical ingredient unit as ‘Voluntary Action Indicated’. The regulator inspected Telangana unit from March 3-7, the company said in an exchange filing.
Oil Prices Rise In Asia Session
Oil future prices rose in Asia session as US extended deadline to impose tariff on European Union erased some of the tension related to international trade.
The July future contract of Brent crude was trading 0.08% higher at $64.26 a barrel as of 8:04 a.m.
Asia Market Update: Most Markets Gain As Trump Extends EU Tariff Deadline
Most markets in Asia-Pacific markets were trading higher Monday morning as US President Donald Trump extended deadline on European Union. Trump is about to impose 50% tariff on the bloc from July 9.
The Nikkei 225 and KOSPI were trading 0.43% and 0.96% higher respectively as of 7:50 a.m.
US Market Update: Share Indices Fall As Trump Threats To Impose Higher Tariff On Europe
Share indices on Wall Street ended lower Friday as US President Donald Trump threatened to impose higher tariff on European Union and Apple Inc. which weighed on the sentiments.
The Dow Jones Industrial Average and S&P 500 ended 0.61% and 0.67% down, respectively. The Nasdaq Composite ended 1% down.
GIFT Nifty Implies Positive Open; Airtel, JSW Steel, Glenmark Steel Shares In Focus
The GIFT Nifty was trading 0.31% or 76 points higher at 24,919.50 as of 6:58 a.m., which implied positive start for the Nifty 50 index.
Investors will monitor share prices of Balkrishna Industries Dreamfolks Services Ltd., JSW Steel Ltd., Glenmark Pharma Ltd. and Bharti Airtel Ltd. because of the earnings and news flow overnight.
The benchmark equity indices closed higher on Friday after a day’s respite, amid volatility in domestic markets.
The NSE Nifty 50 closed 243.45 points, or 0.99% higher at 24,853 and the BSE Sensex ended 769 points, or 0.95% up at 81,721.
. Read more on Markets by NDTV Profit.Energy and pharma stocks were leading gains on NSE. Track live updates on Indian stock markets here on May 26. Read MoreMarkets, Notifications
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