Shares of Larsen & Toubro have extended the post Q4 results rally, and appreciated another 3.6 per cent in trades on Monday. The stock has now gained 7.4 per cent in the last two trading sessions. In the process, the stock is now seen trading above its 200-Day Moving Average (200-DMA) for the first time since January 8, 2025. In general, the 200-DMA is considered as a key technical indicator in determining the long-term trend of a particular
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12May
Stock Market Close: Sensex jumps 2975-pts as India-Pak tensions ease, investors richer by ₹16.15 tn
Confluence of positive geopolitical and economic developments—the ceasefire between India and Pakistan, coupled with a breakthrough trade agreement between the US and China—sparked the strongest daily market rally in recent times. Tarriff issue had the pivotal role in the stock market’s consolidation over the year. Sudden easing of the US-China tariff war unlocked multiple investment avenues for investors. Sustained foreign institutional investor (FII) inflows, along with a resurgence in retail participation fuelled by expectations of
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Shares of Birla Corporation were locked in a 20 per cent upper circuit on Monday after it reported a 32.72 per cent year-on-year (Y-o-Y) rise in consolidated net profit in the January–March quarter (Q4FY25). Birla Corp.’s stock rose as much as 20 per cent during the day to an upper circuit of ₹1,268.8 per share, the biggest intraday gain since May 26, 2020. This compares to a 3 per cent rise in the benchmark Nifty50 as of
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Defence-related stocks gained up to 4.8 per cent in trade on Friday, May 9, 2025, amid escalating border tension between India and Pakistan. On Thursday, Pakistan fired eight missiles directed at Satwari, Samba, RS Pura, and Arnia, all in Jammu & Kashmir, which were all intercepted or neutralised by air defence units, according to reports. At 10:20 AM, individually, shares of Bharat Dynamics were up 3.31 per cent, Hindustan Aeronautics (HAL) were up 2.34 per cent, Paras Defence and Space Technologies were up
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India’s volatility gauge rose another 8 per cent on Friday as tensions mounted after Pakistan fired missiles in Jammu and Kashmir last evening, in a significant escalation along the border. India VIX, the measure of market volatility in the domestic market, jumped as much as 8.19 per cent to 22.7, the highest level jump since April 8 this year, according to Bloomberg data. This volatility came after the index spiked as much as 12 per cent on
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