Topic
nifty
Business Dalal Street Cheers US-Iran Peace Deal, Oil Slide; Sensex Rises for Fourth Day
The BSE Sensex rose 544 points to 76,808, marking its fourth consecutive gain, driven by the US-Iran peace deal and a sharp drop in crude oil prices. Brent crude fell below $80/barrel for the first time in over three months. Meanwhile, the government's offer for sale in GIC received strong investor response, with plans to raise about Rs 3,000 crore.
Business SBI Securities recommends Karnataka Bank, Avalon Technologies for week; Nifty eyes 23,800
Sudeep Shah of SBI Securities recommends Karnataka Bank (accumulate in 273-278 zone, target 295) and Avalon Technologies (accumulate in 1685-1695 zone, target 1810). Nifty closed the week up 1.10%, with technical indicators supporting further recovery towards 23,800.
Business Sensex and Nifty Rebound, Ending Two-Day Losing Streak
The Sensex and Nifty indices rebounded, gaining over half a percent and ending a two-day losing streak. The Sensex rose 395 points to 73,919, while the Nifty increased by 119 points to 23,242. Midcap and Smallcap indices also saw significant gains.
Business Nifty Outlook: Top Stock Picks for June 1-5
Nuvama Wealth Management Ltd and R R Kabel Ltd are highlighted as top stock picks for the week of June 1-5, 2026. Analysts suggest these stocks based on technical indicators and market trends, offering potential gains amid a volatile Nifty index.