Jun 04, 2025, 3:18 pm IST
Russia-Ukraine at war, while trying to show they want peace - Positive momentum for Precious Metals
“The escalation of geo-political tensions between Russia-Ukraine is leading investors to place their bets on Precious metals like gold and silver. Silver has rallied in the international markets from lows of around .76/ounce on 30th May 2025, to around highs of .78 on 2nd June 2025, a rally of around 6 percent. On the MCX , silver prices have rallied from lows of Rs. 96742/kg on 30th May 1015 to highs of Rs.101350/kg as on 3rd June, a rally of around 5 percent on the MCX futures. Continued escalation of war between Russia-Ukraine will lead to further rally in Silver in the near term and MCX futures might soon move higher towards Rs.1,06,000/kg mark. Traders are advised caution as volatility will be key going forward,” said Prathamesh Mallya, Analyst at Angel One Ltd.
Jun 04, 2025, 2:41 pm IST
Strategy | 4QFY25 review: Nifty EPS a beat; but FY26/27 estimates cut
“Nifty50 EPS grew by 4.9% in 4QFY25, ahead of expectations of a 2.2% YoY decline. Factoring in the 4QFY25 results, our Nifty50 EPS for FY26E and FY27E have been cut by 5.3% and 5.9% respectively. Consequently, our Nifty50 EPS growth now stands at 12.0% (vs. 16.4% earlier) for FY26E and 14.3% (vs. 15.1% earlier) for FY27E. Of these, the largest EPS cuts for FY26E are in Automobiles, Cement, Oil & Gas, and NBFCs. For FY26E, we expect Telecom, Metals & Mining, Consumer, Oil & Gas and Banks to do the heavy lifting. Out of the 50 companies in the Nifty, 18% missed estimates in 4Q while 48% beat our estimates and the rest reported an in-line quarter. Further, if we split 4QFY25 performance in terms of market capitalisation, we see that the proportion of misses in small caps was the largest, followed by mid-caps and then large caps; 31% of small-cap companies missed expectations, while the misses were lower in midcaps and large caps at 28% and 17% respectively,” said Venkatesh Balasubramaniam of JM Financial Institutional Securities Limited.
Jun 04, 2025, 1:23 pm IST
Market Live Updates: Yes Bank Stock Jumps
Yes Bank's share price jumped as much as 2.4% and crossed the Rs 21 mark on Wednesday, June 4, a huge rebound from its nearly 11% crash yesterday. The major reason for the return of bulls in Yes Bank is the fundraising plan of Rs 16,000 crore announced in a board meeting.
Jun 04, 2025, 11:58 am IST
Top Gainers on the Nifty 50 Index
Bharti Airtel, Indusind Bank, Shriram Finance and Tata Motors are the top Nigty gainers trading beteen 1-2%.
While, Nifty is trading marginally high at 24,586.80 up by 44.30 points at 11.55 am
Jun 04, 2025, 11:48 am IST
Sun Pharma Advanced Research Shares Plunge 20% After Sun Pharma Halts Key Drug Trial
Sun Pharma Advanced Research Company’s (SPARC) shares tumbled nearly 20% to Rs 156.50 after Sun Pharma announced it is discontinuing development of Vibozilimod (SCD-044), a drug for psoriasis and atopic dermatitis, due to poor results in Phase 2 trials. The drug failed to meet its main goals, leading to the cancellation of further studies. SPARC’s stock is trading at Rs 159.76, while Sun Pharma shares is down by 0.65% to Rs 1,656.70.
Jun 04, 2025, 11:38 am IST
Sensex and Nifty trading on the upper side
Sensex is trading over 80,800 up by 0.18% while nifty is trading over 24,500, witnessing a rise of 0.17%
Jun 04, 2025, 11:27 am IST
Adani Enterprises' subsidiary raises 0 million from international banks
Adani Airports Holdings Ltd (AAHL), a subsidiary of Adani Enterprises, has raised 0 million via External Commercial Borrowings (ECB) from a consortium of international banks, led by First Abu Dhabi Bank, Barclays PLC, and Standard Chartered Bank.
The proceeds will be used to refinance existing debt, invest in infrastructure upgrades, and capacity expansion across the six airports, scale the non-aeronautical businesses, including Retail, F&B, Duty Free and services across the airport network, Adani Enterprises said in a release.
At 11:20 AM, Adani Enterprises share price was trading 0.32% higher at Rs 2,479.60 apiece on the BSE.
Jun 04, 2025, 11:09 am IST
Maruti Suzuki expands solar capacity by 30MWp with new projects at Kharkhoda and Manesar
Maruti Suzuki India Limited (MSIL) has commissioned a 20MWp solar power plant at its new Kharkhoda facility and added another 10MWp at its Manesar plant as per its corporate update on the NSE.
With these additions, the company’s total solar capacity has grown from 49MWp to 79MWp over the past year.
Looking ahead, MSIL aims to increase its total solar capacity to 319MWp by FY2030-31, backed by an investment of over Rs 925 crore. The company also plans to source 85% of its total electricity consumption from renewable energy by the same timeline.
Jun 04, 2025, 10:52 am IST
Neptune Petrochemicals Listed at 8.8% Premium over IPO price on NSE SME
Neptune Petrochemicals made a strong debut on the NSE SME platform, listing at Rs 132.75 per share, an 8.8% premium over its issue price of Rs 122. Shortly after trading began, the stock saw further gains, rising 1.09% to Rs 134.20 per share, signaling positive investor sentiment.
Jun 04, 2025, 10:42 am IST
Gold Prices remained on the upside on June 4, Near Record Highs in India
Gold prices in India remained firm on Wednesday, June 4. The price of 24-karat gold stood at Rs 99,170 per 10 grams, while 22-karat was priced at Rs 90,900 per 10 grams. The gold prices are on the upward direction from the start of this week's trading session.
Jun 04, 2025, 10:05 am IST
Stock Market Live: Nifty Bank Under Pressure Ahead of RBI MPC meeting
Stock Market Live: Nifty Bank stock market index remained under pressure ahead of the RBI MPC repo rate. Additionally, all the public sector bank stocks were also trading under pressure on Wednesday including Punjab & Sind Bank, Maharashtra Bank, IOB, Indian Bank, Union Bank, Central Bank, etc.
Jun 04, 2025, 10:02 am IST
Stock Market Live: RBI MPC Meeting To Begin Today
Stock Market Live: Reserve Bank of India's Monetary Policy Committee (MPC) meeting is all set to begin on Wednesday, June 4. RBI Governor Sanjay Malhotra will announce MPC's decision on RBI repo rate on June 6. Several experts have indicated a 25 bps rate cut by RBI MPC in June, according to a Goodreturns RBI MPC Poll for June.
Jun 04, 2025, 9:59 am IST
Stock Market Live Updates: Indian Rupee Opens Lower Against US Dollar
Stock Market Live: The Indain Rupee opened lower against US Dollar on Wednesday, June 4. Earlier, the 1-month non-deliverable forward indicated an open in the 85.66-85.68 range, versus 85.59 in the previous session, reported Reuters.
Jun 04, 2025, 9:37 am IST
Stock Market Live: Defence Stocks Remain Strong With Mazagon Dock, Cochin Shipyard Among Top Volume-Led Gainers
Stock Market Live: Several defence sector stocks including Cochin Shipyard, BEML, Mazagon Dock, etc trading nearly 2% higher on Wednesday. Nearly 4 defence sector companies emerged as the top volume led gainers on NSE during Wednesday's morning trading session
Jun 04, 2025, 9:18 am IST
Stock Market Live: Nifty Opens Above 24,560, Sensex Up 130 Points, Airtel, Eternal, Dr Reddy’s Top Gainers
Stock Market Live: Nifty Opens Above 24,560, Sensex Up 130 Points, Airtel, Eternal, Dr Reddy’s Top Gainers
Jun 04, 2025, 8:57 am IST
Stock Market Live: Asian Stock Market Remains Firm During Wednesday’s Session
Stock Market Live: The Asian stock market remained firm on Wednesday’s morning session, a sentiment which is expected to be transferred during the Indian stock market today.
Jun 04, 2025, 8:37 am IST
Stock Market Live: Welcome To Our Live Coverage of Indian Stock Market Today
Stock Market Live: Welcometo our coverage of the Indian stock market where we bring the top latest updates of Nifty, Sensex, and all developments related to stock market.