Latest Stock Market News

India markets closed in the green for three consecutive days. Realty, auto, metal and consumer durable stocks saw considerable buying action. Godfrey Phillips and Dixon Technologies hit fresh record highs.

WienerAI is a cybernetic dog coin blending AI superpowers, a dog coin theme, and sausage elements. 5th Scape is a VR project offering MMA battles, mediaeval warfare, and sports simulations with Ultra VR Headset and Swiftscape VR Chair. The Sausage Army and VR architects are actively involved in community-building and project development.

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​Short covering signals a shift in view on security from extreme bearishness to bullishness.

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Nifty Bank index breached 48,000 mark after 6 trading sessions. The index rallied 138 points. HDFC Bank, SBI, Bandhan Bank were among top gainers. The index gained over 1% despite volatility, which is a positive sign for the bulls.

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The Nifty Bank index closed 0.29 per cent up at 48115.65.

Led by auto, banking and metal stocks, markets ended the day in green.

Extending the record-breaking run to the second day in a row, silver prices hit lifetime high level of Rs 89,000 in the local market on Friday, even as gold prices fell Rs 150 to Rs 73,900 per 10 grams in line with firm trends in the overseas markets.

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In the Nifty pack, 25 stocks closed in the green, while 25 stocks ended in the red.

Stating that consumption-led sectors will do better, irrespective of which government comes to power, Amnish Aggarwal gave out a list of 35 stocks like FMCG, auto, healthcare, IT services, banks, capital goods, commodities, consumer durables, and telecom.

Niket Shah of Motilal Oswal MF discusses investment themes like AI in Indian IT, re-rating opportunities in EV and medical devices, and triggers in the telecom sector such as 5G adoption and pricing strategies.

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