On Monday, the benchmark indices Sensex and Nifty closed lower after reaching record high levels earlier in the session, with blue-chip IT stocks experiencing selling pressure.

This is the first time the Bhatia Family is offloading their stake in IndiGo post the IPO. InterGlobe Enterprises, through which Rahul Bhatia, one of the company's promoters, held a 37.91% stake in the company as of March 2024, according to BSE filings. Following the block deal, there will be a lock-up period of 365 days for the seller.

While it became clear on the day of the election result only that the same government is going to continue. Some doubts were raised as to whether there would be a shift in policy focus. A part of the answer has come in the form of portfolio allocation. Some of the key sectors which mattered to the street because they had seen a re-rating and valuations are high, the continuation with the same minister is an indication that government is clearly focussed on continuation not only with a policy focus but it also does not want to waste time in getting a new minister and spending time in him/ her understanding the core work. Now this should bring relief to some companies as their projected plans and workflow will continue. Which means that expected growth which the market has put in its estimates of earning has a high probability of continuing.

Bata India Ltd, a key player in the footwear industry, has experienced a significant 17% drop from its recent high. Despite this, the stock is showing signs of stabilization and potential recovery.

Shares of Honasa Consumer, owner of Mamaearth, dropped 4% post a block deal where 66.20 lakh shares exchanged at Rs 439 each, totaling Rs 291 crore. The deal, equivalent to a 2% stake, likely saw Fireside Ventures and Sofina Ventures as sellers, both holding significant stakes in Honasa Consumer.

The markets have now recovered the losses made in the election week and seem to be resuming their upward journey, making new highs frequently. Keeping the bullish momentum in view, Yes Securities has recommended 4 stocks with a horizon of one year and with potential upside scope of up to 28%. Here is the list of stocks that Yes Securities has recommended to ‘buy’:

Nifty opened higher but spent the session trading in a sideways trajectory without any directional bias. It closed with a loss.

JPMorgan upheld a neutral outlook on GAIL India, while Morgan Stanley advised an underweight position on Tata Chemicals. Elara Securities commenced coverage on HCC, and Jefferies reaffirmed a buy recommendation on ONGC.

Indian government bond yields expected to remain stable as market watches inflation data in India and the U.S. and the Federal Reserve's monetary policy decision on Wednesday.

Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analysis, the report also collates analysts’ forecasts and trend analysis for each component. An average score in Stock Reports Plus is calculated by undertaking quantitative analysis of five key investment tools - earnings, fundamentals, relative valuation, risk and price momentum.

On Monday, the benchmark indices Sensex and Nifty closed lower after reaching record high levels earlier in the session, with blue-chip IT stocks experiencing selling pressure.

This is the first time the Bhatia Family is offloading their stake in IndiGo post the IPO. InterGlobe Enterprises, through which Rahul Bhatia, one of the company's promoters, held a 37.91% stake in the company as of March 2024, according to BSE filings. Following the block deal, there will be a lock-up period of 365 days for the seller.

While it became clear on the day of the election result only that the same government is going to continue. Some doubts were raised as to whether there would be a shift in policy focus. A part of the answer has come in the form of portfolio allocation. Some of the key sectors which mattered to the street because they had seen a re-rating and valuations are high, the continuation with the same minister is an indication that government is clearly focussed on continuation not only with a policy focus but it also does not want to waste time in getting a new minister and spending time in him/ her understanding the core work. Now this should bring relief to some companies as their projected plans and workflow will continue. Which means that expected growth which the market has put in its estimates of earning has a high probability of continuing.

Indian equity indices opened lower, dragged by financial stocks. Sensex down 107 points at 76,382, Nifty50 down 21 points at 23,238.

Countdown for the first 100 days of Modi 3.0 has stock market investors debating over the continuation of winners from Modi 2.0, with Sensex performance in focus.

Bata India Ltd, a key player in the footwear industry, has experienced a significant 17% drop from its recent high. Despite this, the stock is showing signs of stabilization and potential recovery.

Bhatia Family selling 2% stake in IndiGo for ₹3,292.3 crore through a block deal. First stake sale post IPO. InterGlobe Enterprises selling shares. Lock-up period of 365 days post deal. IGE to invest in hospitality, launching Miiro hotels in Europe.

Fertiliser and agrochemical companies like FACT, Nova Agritech, and Rallis India saw a boost in shares as the monsoons arrived early. Analysts expect increased demand for products due to favorable weather conditions, with specific bullish recommendations for Coromandel International and other companies.

State Bank of India and other public sector lenders are urging the government to allow incentives to boost deposits, addressing a slump in credit flows.

Indian government bond yields expected to remain stable as market watches inflation data in India and the U.S. and the Federal Reserve's monetary policy decision on Wednesday.

Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analysis, the report also collates analysts’ forecasts and trend analysis for each component. An average score in Stock Reports Plus is calculated by undertaking quantitative analysis of five key investment tools - earnings, fundamentals, relative valuation, risk and price momentum.

On Monday, the benchmark indices Sensex and Nifty closed lower after reaching record high levels earlier in the session, with blue-chip IT stocks experiencing selling pressure.

A dividend is a share of profits and retained earnings that a company pays out to its shareholders. According to StockEdge data, 10 stocks are paying a consistent dividend to their investors and paid dividends up to 60 times since 2011.

Bhatia Family selling 2% stake in IndiGo for ₹3,292.3 crore through a block deal. First stake sale post IPO. InterGlobe Enterprises selling shares. Lock-up period of 365 days post deal. IGE to invest in hospitality, launching Miiro hotels in Europe.

Fertiliser and agrochemical companies like FACT, Nova Agritech, and Rallis India saw a boost in shares as the monsoons arrived early. Analysts expect increased demand for products due to favorable weather conditions, with specific bullish recommendations for Coromandel International and other companies.

State Bank of India and other public sector lenders are urging the government to allow incentives to boost deposits, addressing a slump in credit flows.

Indian government bond yields expected to remain stable as market watches inflation data in India and the U.S. and the Federal Reserve's monetary policy decision on Wednesday.

Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analysis, the report also collates analysts’ forecasts and trend analysis for each component. An average score in Stock Reports Plus is calculated by undertaking quantitative analysis of five key investment tools - earnings, fundamentals, relative valuation, risk and price momentum.

On Monday, the benchmark indices Sensex and Nifty closed lower after reaching record high levels earlier in the session, with blue-chip IT stocks experiencing selling pressure.

Blackstone, promoter of Mphasis, divested a 15.08% stake in the IT and consulting firm for ₹6,735 crore through an open market transaction on the NSE.

Bhatia Family selling 2% stake in IndiGo for ₹3,292.3 crore through a block deal. First stake sale post IPO. InterGlobe Enterprises selling shares. Lock-up period of 365 days post deal. IGE to invest in hospitality, launching Miiro hotels in Europe.

Fertiliser and agrochemical companies like FACT, Nova Agritech, and Rallis India saw a boost in shares as the monsoons arrived early. Analysts expect increased demand for products due to favorable weather conditions, with specific bullish recommendations for Coromandel International and other companies.

State Bank of India and other public sector lenders are urging the government to allow incentives to boost deposits, addressing a slump in credit flows.

Indian government bond yields expected to remain stable as market watches inflation data in India and the U.S. and the Federal Reserve's monetary policy decision on Wednesday.

Blackstone, promoter of Mphasis, divested a 15.08% stake in the IT and consulting firm for ₹6,735 crore through an open market transaction on the NSE.

Bhatia Family selling 2% stake in IndiGo for ₹3,292.3 crore through a block deal. First stake sale post IPO. InterGlobe Enterprises selling shares. Lock-up period of 365 days post deal. IGE to invest in hospitality, launching Miiro hotels in Europe.

Fertiliser and agrochemical companies like FACT, Nova Agritech, and Rallis India saw a boost in shares as the monsoons arrived early. Analysts expect increased demand for products due to favorable weather conditions, with specific bullish recommendations for Coromandel International and other companies.

State Bank of India and other public sector lenders are urging the government to allow incentives to boost deposits, addressing a slump in credit flows.

ICICI Securities Primary Dealership report suggests India may cut rates before the Federal Reserve, citing strong US employment data weakening the case for Fed easing.

ARC expected to see 5-7% increase in recovery rates of stressed residential projects. Recovery rates to reach 16-18% by March 2025 due to rising prices, demand, and investor interests.

Indian government bond yields expected to remain stable as market watches inflation data in India and the U.S. and the Federal Reserve's monetary policy decision on Wednesday.

U.S. stock indexes cautiously higher ahead of CPI report and Fed policy meeting.

MSCI's global equities index rose while investors awaited U.S. inflation data and central bank policy meetings. The euro fell after French President Emmanuel Macron called a snap election.

Analysts expect a modest 2.5-3% sequential increase in revenue growth for the telecom sector in the June quarter. Despite higher data usage during the IPL cricket tournament and increased demand for international roaming packs during the summer holiday season, revenue growth is expected to be limited. This is due to many mobile users still paying lower 4G rates even after opting for 5G packs, and most subscribers having large amounts of unused data, reducing the need for costlier mobile broadband plans.

The stock hit a record high of Rs 6,871 on February 22, 2021, but the momentum fizzled out, leading to a steady decline that found support above the 5,700 level in May. It subsequently rebounded after repeatedly testing resistance levels above 5,730-5,750 on the weekly charts, suggesting strong support at those levels.

Domestic markets opened lower with focus on various companies' developments including IndiGo, Mphasis, IRB Infra, Cintra, RVNL, Siemens, Raymond Realty, BPCL, JSW Steel, Bharat Petroleum Corporation, Lupin, Global private equity, and Central Railway project.

Blackstone, promoter of Mphasis, divested a 15.08% stake in the IT and consulting firm for ₹6,735 crore through an open market transaction on the NSE.

Bhatia Family selling 2% stake in IndiGo for ₹3,292.3 crore through a block deal. First stake sale post IPO. InterGlobe Enterprises selling shares. Lock-up period of 365 days post deal. IGE to invest in hospitality, launching Miiro hotels in Europe.

Fertiliser and agrochemical companies like FACT, Nova Agritech, and Rallis India saw a boost in shares as the monsoons arrived early. Analysts expect increased demand for products due to favorable weather conditions, with specific bullish recommendations for Coromandel International and other companies.

State Bank of India and other public sector lenders are urging the government to allow incentives to boost deposits, addressing a slump in credit flows.