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Business Standard
3 days ago
- Business
- Business Standard
Stocks to buy today: Avenue Supermarts, KPIT Tech on MOFSL's watch list
Stocks to Buy Today, June 19, 2025: Ruchit Jain of Motilal Oswal recommends buying shares of DMart, KPIT Technologies, and AU Small Finance Bank Stock recommendations by Motilal Oswal Financial, June 19: Buy DMart | CMP: ₹4,228 | Stop loss: ₹4,100 | Share price target: ₹4,450 Avenue Supermarts share price has given a breakout from 'Cup & Handle' pattern on the daily chart which is a positive sign. The breakout is supported by surge in volumes which has bullish implications. RSI indicator is rising, which confirms the upwards momentum. CATCH STOCK MARKET UPDATES LIVE Buy KPIT Tech | CMP: ₹1,421 | Stop loss: ₹1,380 | Share price target: ₹1,500 KPIT Tech share price has given a trend line breakout on daily scale. It is perfectly respecting the 20-DEMA and inching higher. The MACD indicator is rising, which confirms the positive momentum.
Time of India
14-06-2025
- Business
- Time of India
Indian Stocks: Indices declines 0.7% amid rising oil prices and geopolitical tensions
ADVERTISEMENT Mumbai: India's equity indices ended 0.7% lower on Friday after falling as much as 1.6% earlier in the day after Israel's strikes on Iran raised fears of supply disruption of crude oil and a wider conflict in the Middle East. Brent Crude Futures jumped over 7% to $74.6 per barrel on said the underlying bullish undertone helped the market cut a portion of its losses in Friday's trading session. "Despite the bearish news flows, the decline in the market was limited as benchmark Nifty held the key support level of 24,460 and recovered the losses made in the early trading session," said Akshay Chinchalkar, head of research, Axis NSE Nifty fell 0.7%, or 169.60 points, to finish at 24,718.60. The BSE Sensex moved 0.7%, or 573.38 points, lower at 81,118.60. Both indices declined by over 1% each in the past five trading has launched unprecedented strikes on Iran, targeting its nuclear programme and military leaders. The event sent oil prices soaring on worries that an escalation could disrupt supplies from the oil-rich region. Iran is one of the world's biggest oil producers. Brent crude has surged about 14% in the past two home, the Volatility Index or VIX-the market's fear gauge-gained 7.6% to 15.08 on Friday, indicating traders expect higher risks in the near do not expect a bigger slide unless key support levels of 24,450-24,500 are breached."Till the support levels are intact, any declines are expected to be bought into," said Ruchit Jain, vice president- head, technical research, Motilal Oswal Financial Services . "Nifty is likely to witness time-wise correction and struggle to move above 25,000 to 25,200 levels."The Nifty Mid-cap 150 and the Small-cap 250 indices declined 0.4% each. In the past week, the mid-cap index shed 1.2% while the small-cap index fell 0.44%. Out of the 4,122 shares traded on the BSE, 1,401 advanced, while 2,595 declined. Foreign portfolio investors (FPIs) sold shares worth a net of ₹3,831 crore on Friday. Their domestic counterparts sold shares worth ₹9,394 crore. In June, overseas investors sold shares worth ₹5,079.8 crore.
Economic Times
14-06-2025
- Business
- Economic Times
Indices declines 0.7% amid rising oil prices and geopolitical tensions
Live Events Agencies (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Mumbai: India's equity indices ended 0.7% lower on Friday after falling as much as 1.6% earlier in the day after Israel's strikes on Iran raised fears of supply disruption of crude oil and a wider conflict in the Middle East. Brent Crude Futures jumped over 7% to $74.6 per barrel on said the underlying bullish undertone helped the market cut a portion of its losses in Friday's trading session. "Despite the bearish news flows, the decline in the market was limited as benchmark Nifty held the key support level of 24,460 and recovered the losses made in the early trading session," said Akshay Chinchalkar, head of research, Axis NSE Nifty fell 0.7%, or 169.60 points, to finish at 24,718.60. The BSE Sensex moved 0.7%, or 573.38 points, lower at 81,118.60. Both indices declined by over 1% each in the past five trading has launched unprecedented strikes on Iran, targeting its nuclear programme and military leaders. The event sent oil prices soaring on worries that an escalation could disrupt supplies from the oil-rich region. Iran is one of the world's biggest oil producers. Brent crude has surged about 14% in the past two home, the Volatility Index or VIX-the market's fear gauge-gained 7.6% to 15.08 on Friday, indicating traders expect higher risks in the near do not expect a bigger slide unless key support levels of 24,450-24,500 are breached."Till the support levels are intact, any declines are expected to be bought into," said Ruchit Jain, vice president- head, technical research, Motilal Oswal Financial Services . "Nifty is likely to witness time-wise correction and struggle to move above 25,000 to 25,200 levels."The Nifty Mid-cap 150 and the Small-cap 250 indices declined 0.4% each. In the past week, the mid-cap index shed 1.2% while the small-cap index fell 0.44%. Out of the 4,122 shares traded on the BSE, 1,401 advanced, while 2,595 declined. Foreign portfolio investors (FPIs) sold shares worth a net of ₹3,831 crore on Friday. Their domestic counterparts sold shares worth ₹9,394 crore. In June, overseas investors sold shares worth ₹5,079.8 crore.
Time of India
14-06-2025
- Business
- Time of India
Indices declines 0.7% amid rising oil prices and geopolitical tensions
Mumbai: India's equity indices ended 0.7% lower on Friday after falling as much as 1.6% earlier in the day after Israel's strikes on Iran raised fears of supply disruption of crude oil and a wider conflict in the Middle East. Brent Crude Futures jumped over 7% to $74.6 per barrel on Friday. Analysts said the underlying bullish undertone helped the market cut a portion of its losses in Friday's trading session. "Despite the bearish news flows, the decline in the market was limited as benchmark Nifty held the key support level of 24,460 and recovered the losses made in the early trading session," said Akshay Chinchalkar, head of research, Axis Securities. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 23.7% Returns in last 5 years with Shriram Life's ULIP Shriram Life Insurance Undo The NSE Nifty fell 0.7%, or 169.60 points, to finish at 24,718.60. The BSE Sensex moved 0.7%, or 573.38 points, lower at 81,118.60. Both indices declined by over 1% each in the past five trading sessions. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Israel has launched unprecedented strikes on Iran, targeting its nuclear programme and military leaders. The event sent oil prices soaring on worries that an escalation could disrupt supplies from the oil-rich region. Iran is one of the world's biggest oil producers. Brent crude has surged about 14% in the past two days. At home, the Volatility Index or VIX-the market's fear gauge-gained 7.6% to 15.08 on Friday, indicating traders expect higher risks in the near term. Live Events Agencies Analysts do not expect a bigger slide unless key support levels of 24,450-24,500 are breached. "Till the support levels are intact, any declines are expected to be bought into," said Ruchit Jain, vice president- head, technical research, Motilal Oswal Financial Services . "Nifty is likely to witness time-wise correction and struggle to move above 25,000 to 25,200 levels." The Nifty Mid-cap 150 and the Small-cap 250 indices declined 0.4% each. In the past week, the mid-cap index shed 1.2% while the small-cap index fell 0.44%. Out of the 4,122 shares traded on the BSE, 1,401 advanced, while 2,595 declined. Foreign portfolio investors (FPIs) sold shares worth a net of ₹3,831 crore on Friday. Their domestic counterparts sold shares worth ₹9,394 crore. In June, overseas investors sold shares worth ₹5,079.8 crore.
News18
12-06-2025
- Business
- News18
BSE Share Price Falls 8% From Record High; Should You Buy, Sell Or Hold?
Last Updated: Shares of BSE Ltd. continued to decline for the second consecutive session on Thursday; What should investors do now? BSE Shares BSE Share Price: Shares of BSE Ltd. continued to decline for the second consecutive session on Thursday, falling as much as 4.24% to Rs 2,760 apiece on the NSE. The stock has now dropped over 8% from its record high of Rs 3,030, hit on June 10, 2025, as investors rushed to book profits after a sharp rally. Pressure from Surveillance Framework The recent sell-off follows BSE's inclusion in the Additional Surveillance Measure (ASM) list by the NSE. The move, aimed at curbing speculative trading, mandates a 100% margin requirement for trading the stock. This heightened scrutiny has weighed on sentiment, especially after BSE surged nearly 140% from its March 2025 lows, driven by rising interest in equity derivatives and buzz around NSE's potential IPO. Elevated Valuations Raise Red Flags At a market cap of around Rs 1.13 lakh crore, BSE is currently trading at a significant premium to its BFSI peers. Analysts have raised caution flags, pointing to a FY27E price-to-earnings (P/E) ratio of 35.1x—well above sector norms. 'Despite strong FY25 numbers, BSE's dependence on volatile trading volumes and high settlement costs make its current valuation difficult to justify," said Arihant Capital in a note. The firm flagged potential risks from macroeconomic uncertainty, competitive pressures, and inconsistent profitability. The brokerage also warned that geopolitical tensions could impact market sentiment and, in turn, BSE's performance. Additionally, though the company announced a healthy dividend of Rs 23 per share (28.4% of FY25 profits), analysts question the sustainability of such payouts amid rising infrastructure investments. Given the risks and stretched valuations, Arihant Capital has issued a 'Sell' rating on the stock, suggesting investors reallocate capital to more stable BFSI stocks. Ruchit Jain of Motilal Oswal also expects a short-term correction. 'Momentum indicators are in overbought territory. A decline to the 20-day exponential moving average near Rs 2,650 seems possible. A breach there could push it down further to Rs 2,500," he added.
