Porinju Veliyath highlights Ixigo, Protean and Indegene as strong long-term investment picks
I do not think budget is going to make any sea change to the situation. Budget, I do not think people are having much expectation.
ONGC shares tumble 3% on reporting 19% YoY fall in Q3 PAT
ONGC reported a 19% YoY decline in Q3FY25 net profit at ₹8,622 crore, missing estimates. Revenue fell marginally by 0.75% to ₹1,66,097 crore. Despite lower earnings, CLSA maintained an ‘Outperform’ rating with a ₹360 target, citing strong oil and gas sales. ONGC shares rose 2.3% but remained down 21.48% in six months.
Budget 2025 stocks to buy: Over 100 scrips across 12 themes could benefit from FY26 financial plan. Here’s how
Top brokerages suggest investment themes for Budget 2025, highlighting sectors like infrastructure, defense, and railways poised for significant growth. Analysts expect increased capex allocation and fiscal deficit targets, alongside potential boosts for financials, health, consumption, automobiles, real estate, and power sectors.
Will Budget move the needle for stock market investors? 4 things to watch out for
Investors are hopeful that the Union Budget 2025 will deliver measures to revive consumption and economic growth. Key expectations include income tax relief, avoiding new taxes on investors, boosting capex, and setting clear divestment goals. The Budget’s impact on the stock market remains crucial.
How to trade smartly: A 5-point guide for intraday traders to make money on volatile Budget day
Budget Day triggers significant market volatility, with the Nifty often fluctuating within a 2-3% range. Experts suggest focusing on key technical levels, proper risk management, and suitable strategies like Short Iron Fly and Short Iron Condor. Traders are advised to monitor sectors like railways, defense, and infrastructure for profitable opportunities, while employing confirmation-based trades.
Budget day trading strategy: What should Nifty traders do on D-Day?
Nifty may show higher-than-usual volatility on Budget day with historical intraday fluctuations of 2-3%. Sujit Modi of Share.Market suggests vega-based strategies like Short Iron Fly and Short Iron Condor, while HDFC Securities recommends a Long Butterfly Strategy to capitalize on expected IV changes.
Stock market open today: Is NSE, BSE open for Union Budget 2025 special session?
Share Market Open Today: National Stock Exchange (NSE) and the BSE confirmed in a circular issued earlier this week that trading will continue as per regular market hours. Pre-market trading will begin at 9:00 AM and run until 9:08 AM, after which equity market trading will take place from 9:15 AM to 3:30 PM.
Back in running, Street bulls hope for steroids on Budget Day
The NSE Nifty gained 1.11%, or 258.90 points, to close at 23,508.40. The BSE Sensex advanced 1%, or 740.76 points, to close at 77,500.57. For the week, both indices rose 1.8% in a relief rally marked by scepticism. They are down less than a percent in January.
RBI does dollar/rupee swap for $5 billion, injects liquidity
The Reserve Bank of India (RBI) conducted a dollar-rupee buy/sell swap for $5 billion on Friday, with the transaction to be reversed on August 4. The RBI received bids worth five times the notified amount at $25.6 billion.
L&T surges over 4% on strong Q3, order inflows
Shares of L&T have broadly remained range bound in 2024. It made a high of ₹3,963 in December and has fallen 11.2% since then.