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Posted on March 6, 2025, by Niftynews The Dow Jones soared by 485 points on March 6, 2025, driven by positive global market cues. The surge came after the Trump administration announced a one-month exemption on auto import tariffs for Canada and Mexico. This news has provided a much-needed boost to global market sentiment. Additionally, oil…
Posted on March 6, 2025, by Niftynews Shares of Shakti Pumps, a leading manufacturer of pumps, motors, and spare parts, surged to a 5% upper circuit for the second consecutive day on March 6, 2025. The rally follows the company securing a ₹24 crore order from the Maharashtra Energy Development Agency (MEDA) for the supply of…
Posted on March 6, 2025, by Niftynews Reliance Industries (RIL stock) has been under pressure, trading 37% lower from their all-time high of ₹1,608.80 reached on July 8, 2024. As of the most recent trading session on Thursday, March 6, 2025, RIL’s stock was seen rising by 1.9%, reaching ₹1,198 per share after Jefferies released a…
Posted on March 6, 2025, by Niftynews VBL Stock has experienced a significant correction of nearly 30% from its peak, mainly due to concerns about the growing competition from Reliance Campa Cola. However, Jefferies has maintained its ‘BUY’ recommendation on the stock, setting a target price of ₹715, which indicates a potential 56% upside from current…
Posted on March 6, 2025, by Niftynews The gensol share price has suffered a significant decline, hitting a new all-time low on March 6, 2025, following recent credit downgrades. The gensol engineering share price was locked at a 10% lower circuit limit, reaching ₹334.80, marking a 35% drop in just three days. These declines came after…
Posted on March 5, 2025, by Niftynews The US stock market witnessed a major downturn after President Donald Trump announced new tariffs on key trade partners Canada, Mexico, and China. The Dow Jones Industrial Average plummeted by nearly 800 points (1.9%), while both the Nasdaq and the S&P 500 saw drops of around 2%. The sharp…
Lupin’s Share Price Surges on Citi’s Bullish Outlook Shares of Lupin Ltd rose over 3% intraday on March 5, 2025, after global brokerage firm Citi issued a bullish outlook on the stock. The positive sentiment is driven by sustained margin strength and upcoming product launches for the US market. At 2:40 PM, its shares were…
Posted on March 5, 2025, by Niftynews Varun Beverages stock is receiving positive attention after several top brokerages, including CLSA, upgraded the stock to their high-conviction outperform list. Despite increasing competition from Campa Cola and Coca-Cola, Varun Beverages remains a strong performer with a 61% upside potential. Shares of Varun Beverages Ltd. (VBL) closed flat at…
Market Overview: Indices Rebound Despite Stock Lows Even as benchmark indices bounced back after a 10-day losing streak, several prominent stocks, including Asian Paints, Bajaj Auto, and FirstCry (Brainbees Solutions), plunged to their 52-week lows on Wednesday, March 5, 2025. Key Market Highlights Despite the market’s positive momentum, as many as 113 stocks registered their…
Posted on March 5, 2025, by Niftynews Avanti Feeds shares surged 10% on March 5, 2025, reaching a 52-week high of ₹810, following a significant announcement from its subsidiary, Avanti Pet Care Pvt. Ltd. (APCPL). APCPL made its debut in the growing Indian pet food market with the launch of its cat food brand, “Avant Frust,”…