INDIGO STOCKS
Sensex sharply tumbles 500 points on first monthly expiry after CAS, Nifty closes below 24,100. What lies ahead?
Indian equities fell sharply on Thursday, erasing gains during the first monthly expiry under the new closing auction session. Sensex dropped 539 points, or 0.7%, while Nifty declined 117 points, or 0.48%. HDFC Bank and NTPC led losses, while Kotak Mahindra Bank, ICICI Bank and Tech Mahindra gained.
Sensex records muted gains on expiry day, Nifty above 24,200. What lies ahead?
Indian equities opened marginally higher on Thursday ahead of expiry-day volatility, with Sensex and Nifty gaining around 10 and 11 points, respectively. India VIX rose 3% to 10.84. Kotak Mahindra Bank led gains, while HCL Technologies and HDFC Bank declined. Consumer durables gained, while FMCG slipped amid mixed market breadth.
Sensex rises 287 points, Nifty closes above 24,300 as market swings into green on first monthly expiry after CAS
The Indian stock market ended higher on Tuesday after a volatile session, with Sensex gaining 287 points and Nifty rising 115 points. Pharma, PSU banks and consumer durables led sectoral gains, while private banks and metals declined. IndiGo, Adani Ports, Infosys and Trent gained, while Eternal and HCLTech fell.
IndiGo co-founder Rakesh Gangwal pledges Rs 300 crore more to IIT Kanpur
IIT Kanpur alumnus and IndiGo co-founder Rakesh Gangwal has pledged an additionalRs 300 croreto the institute’s Gangwal School of Medical Sciences and Technology. Under the commitment, Gangwal will provide matching grants for contributions from other donors, up to Rs 300 crore.
Congress slams government on 'skyrocketing' price rise, takes swipe over 'achche din' promise
The Congress party has criticized the central government for escalating inflation rates. Onion prices have significantly increased, impacting household budgets across the nation. Essential commodities like milk and oil are also becoming unaffordable for many. The party questions how the poor and middle class can manage their expenses.
India wasn't always one: The forgotten story of its unification
India's journey to independence in 1947 initiated a challenging process of national unification. Despite gaining freedom, several former Portuguese and French colonies remained distinct entities for years. Additionally, many princely states pursued their own forms of independence, complicating the national formation. Vallabhbhai Patel emerged as a pivotal figure in integrating these varied regions, showcasing India's complex trajectory towards unity.
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Sensex closes nearly unchanged, Nifty above 23,250 as Middle East uncertainties cap gains. What lies ahead?
Indian equities closed higher on Friday, though Middle East tensions limited gains in benchmark indices. Sensex rose over 3 points to 77,541 and Nifty gained 20 points to 24,252. Power Grid led major gainers, while Trent and Maruti Suzuki declined. Metal stocks outperformed, whereas FMCG and auto sectors slipped modestly.
Why did market rise today? Sensex rallies 628 points, Nifty closes above 23,230. 5 key factors behind market rebound
Indian equities snapped a seven-session losing streak on Thursday, with the Sensex and Nifty closing sharply higher. Falling US bond yields, short-covering and improved sentiment supported the rebound, while broader markets also gained. Realty stocks led sectoral advances, whereas PSU banks lagged amid marginal weakness in select heavyweight stocks.
Sensex drops over 490 points, Nifty closes near 24,150 as Mideast peace hopes fade. More pain ahead?
Indian equities extended their losing streak, with the Sensex falling 493 points and Nifty declining 133 points amid fading Middle East peace hopes. IT stocks led sectoral losses, while realty and PSU banks also weakened. Asian Paints, Infosys, HCL Tech and Bharti Airtel fell around 2%, while Axis Bank and Power Grid gained.
Sensex falls 71 points, Nifty closes below 24,400; broader markets underperform. What lies ahead?
The Indian stock market ended lower on Friday as Sensex dropped 71 points and Nifty closed at 24,366. Broader midcap and smallcap indices underperformed, falling 0.7% each. Analysts cite global yield uncertainty and oil prices for the sideways movement, while technical indicators point to key support near 24,200.
CAS chaos continues: Sensex rises 114 points, but Nifty closes below 24,400. What lies ahead?
Indian benchmark indices ended mixed on expiry day, with the Sensex gaining 114 points while the Nifty slipped over 40 points. Broader markets advanced, while metal stocks declined and FMCG and realty gained. Analysts said softer inflation supported sentiment, but elevated crude prices and geopolitical risks remained key market overhangs.
Sensex falls 300 points, Nifty below 24,350. Here’s why analysts see range-bound trade
Indian stock markets opened lower on Friday, with Sensex falling over 300 points and Nifty declining 68 points, remaining range bound despite stable oil prices near $87 a barrel. Metal and auto stocks led losses, while broader markets stayed muted. Market breadth remained positive, with advances outnumbering declines on NSE.
Stocks in news: Indigo Paints, LG Electronics India, Tata Motors PV, Honasa Consumer, Ashok Leyland, Physicswallah
Indian equity markets saw a decline on Thursday, August 13, with the Nifty 50 closing lower. Persistent Middle East tensions and a stronger US dollar influenced investor sentiment negatively. Several companies like Indigo Paints and LG Electronics India reported their first-quarter earnings results. Other firms such as Ashok Leyland and Physicswallah will release their results on Friday. Corporate developments and earnings will guide trading in upcoming sessions.
Why is market falling today? Sensex falls over 450 points, Nifty below 24,450. 4 key factors
On Tuesday, Indian stock markets experienced a downturn influenced by increasing oil prices and escalating tensions in the Middle East. Nevertheless, the broader markets displayed resilience as small and midcap indices thrived. Foreign institutional investors found encouragement in favorable Q1 outcomes and a stable rupee, suggesting that the market could maintain its strength with a slight upward trend. Strong domestic consumption is projected to support earnings growth through FY27.
Centre says no policy bars airport operators from owning airlines, confirms AAI receiving waiver request
The government stated no policy prevents airport operators from holding airline equity. However, existing contracts may restrict such cross-ownership arrangements. Airports Authority of India received a waiver request for these contractual restrictions. This request is currently under examination by the Ministry of Civil Aviation. Incumbent airlines have voiced concerns about potential conflicts of interest.
Adani Group 'lying brazenly' to stock exchanges: Mahua Moitra over group's alleged airline plans
A purported June 4 letter from Adani Airports to the Airports Authority of India (AAI) seeks a waiver that would allow Adani Defence & Aerospace and its affiliates to invest in, establish, own or control a scheduled airline.
Sensex rises 152 points, Nifty closes above 24,600 as market trims gains. What lies ahead?
Indian equity benchmarks Sensex and Nifty ended higher on Wednesday after the RBI MPC maintained interest rates and raised the FY27 GDP growth outlook. Despite early upswings, markets trimmed gains due to rising crude prices and West Asia tensions. Auto and realty stocks outperformed, while IT shares faced selling pressure.
Why is market rising today? Sensex jumps over 400 pts, Nifty above 24,600. 8 factors behind D-St rebound
The Indian stock market saw a rebound on Wednesday, with Sensex and Nifty 50 trading higher. Easing oil prices and strong foreign institutional investor buying boosted investor sentiment significantly. Bharti Airtel and IndiGo shares led the gains, while Titan experienced a slight decline. Broader markets also performed well, with midcap and smallcap indices showing gains. Several sectors contributed to the positive movement, with realty leading the advance.
IndiGo should remain disciplined, resilient: CEO Willie Walsh tells staff
In his first address to employees, new IndiGo CEO Willie Walsh said the airline must remain agile, disciplined and resilient amid airspace disruptions, supply chain constraints and changing global conditions. As IndiGo marks 20 years of operations, Walsh said the carrier is well placed to expand internationally, with over 900 aircraft on order and ambitious growth plans through 2030.
Sensex falls 210 points, Nifty closes below 24,650 as market snaps 4-day gaining streak
Indian benchmark indices ended lower on Tuesday, snapping a four-day winning streak as the Sensex dropped 210 points to 78,429 and the Nifty fell 159 points to 24,615. Volatility stemmed from weekly expiry and discrepancies under the newly introduced Closing Auction Session (CAS) framework, which triggered forced square-offs ahead of the RBI policy outcome.
Stocks in news: Paytm, LIC, Airtel, BSE and ONGC
Markets extended gains on Monday, driven by easing oil prices and strong quarterly earnings. Paytm's parent company sees investors selling shares worth up to Rs 2,002 crore. The government will offer shares in LIC to non-retail investors starting Tuesday. Airtel, ONGC, and BSE will announce their first quarter results today. ONGC's petroleum facility will reserve half its capacity for strategic reserves.
Market wrap: TCS, IndiGo, Sun Pharma among top gainers and losers on Nifty and Sensex on Monday
Indian benchmark indices surged on Monday after easing crude oil prices, sparked by renewed US-Iran talks, boosted investor sentiment. The Sensex jumped 544 points and the Nifty climbed 1.6%, adding nearly Rs 5 lakh crore to BSE market capitalisation. TCS, IndiGo and Infosys led gains, while Sun Pharma and Apollo Hospitals lagged.
Why did market rise today? Sensex surges 540 points, Nifty tops 24,770. 6 key factors fueling Rs 5 lakh crore rally
Indian stock markets experienced a significant surge on Monday. Nifty and Sensex indices both closed higher after positive news emerged. President Donald Trump's statement on Iran talks boosted investor sentiment considerably. Major companies like IndiGo, Infosys, and TCS saw substantial share price increases. Broader market indices also reflected the overall bullish trend across exchanges.
If India wants to compete with the world, it has to have one or two large airlines: IndiGo’s Rahul Bhatia
IndiGo MD Rahul Bhatia defended the airline’s 66% domestic market share, saying 34% of its capacity operates on routes where no rival flies. He said scale is essential for India to build global aviation champions and dismissed criticism of IndiGo’s service as “noise”.
Two Trades for Today: A leading airline for a 4.35% rise, a mid-cap IT services stock for an almost 7% upmove
Our technical analysts identify select stocks every trading day that may gain momentum even in volatile markets. Here are the technical calls for today.
IndiGo parent InterGlobe Aviation appoints Kiran Thadimarri as CFO; Gaurav Negi takes advisor role
InterGlobe Aviation announced a significant finance leadership change on Monday. Kiran Thadimarri will assume the Chief Financial Officer role starting July twenty-eighth. Current CFO Gaurav Negi transitions to Advisor to the Managing Director. Thadimarri brings over twenty-four years of extensive financial experience to his new position. The board approved this leadership transition during their recent meeting.
Why did market rise today? Sensex jumps 780 points, Nifty ends near 24,000. 6 key factors behind bulls’ return to D-Street
Indian stocks surged on Monday, ending a five-day decline. Easing Iran-US tensions and falling oil prices boosted investor sentiment significantly. The Sensex and Nifty both experienced sharp gains, adding substantial market capitalization. Broader markets and most sectoral indices also traded positively. Value buying and dropping bond yields further supported the upward movement.
Adani shows interest to start airline in letter; denies plans in stock exchange filing
Adani Airports seeks a waiver to operate an airline alongside its airport holdings. The conglomerate is evaluating airline participation to bridge connectivity gaps in smaller cities. This move aims to address systemic risks from a concentrated airline market. Existing airlines express concerns about potential conflicts of interest and consumer impact. The group's strategy aligns with plans for an aircraft manufacturing facility.
IndiGo shares sink 3% after Rs 238 crore Q1 loss, but why are Citi and Nuvama raising target prices?
InterGlobe Aviation (IndiGo) reported a Q1FY27 net loss of Rs 238 crore as soaring fuel costs pushed expenses ahead of revenue growth. Despite the earnings miss, brokerages including Citi and Nuvama retained their 'Buy' ratings and raised target prices, citing strong yields, pricing power, disciplined capacity expansion and long-term growth prospects driven by international expansion.
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