NSE indices to have new faces from this evening
The quarterly changes in key
equity indices
on the NSE are set to be implemented on June 27. Strategic indices—Nifty 200 Momentum 30, Nifty Midcap 150 Momentum 50, and Nifty 500 Momentum 50—are set to undergo reshuffles on June 27, while broader benchmarks like
Nifty 50
, Nifty Next 50, Nifty Midcap 150, and Smallcap 250 will see weight adjustments, according to a report by
Nuvama Alternative and Quantitative Research
.
These changes would lead to passive inflows and outflows across several large-cap and mid-cap stocks.
On the Nifty 50, weight adjustments in
ICICI Bank
, Bharti Airtel and Bajaj Finance may see inflows, while Reliance, Mahindra & Mahindra , and Infosys could face outflows.
The Nifty 200 Momentum 30 index could see 20 inclusions and 20 exclusions.
HDFC Bank
, HDFC Life and ICICI Bank are expected to be added, while Mahindra and Mahindra, Tech Mahindra and Sun Pharmaceuticals are among those set to be removed.
The index changes will take effect after market hours on June 27 and will be reflected in trading from the next session.
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Hindustan Times
9 hours ago
- Hindustan Times
Table Space leases over 5 lakh sq ft office space in Gurugram for a monthly rent of ₹3.5 crore
Table Space Technologies Private Limited, a flexible workspace solution provider, has taken on lease 5.34 lakh sq ft of office space for ₹3.47 crore per month in Intellion Park in sector 59, Gurugram, according to the property registration document reviewed by NSE-listed real estate data analytics firm PropEquity. Table Space Technologies Private Limited, a flexible workspace solution provider, has taken on lease 5.34 lakh sq ft of office space for ₹ 3.47 crore per month in Intellion Park in sector 59, Gurugram for six years. (Photo for representational purposes only)(Unsplash) The transaction was registered on July 25, 2025 between Table Space Technologies Private Limited and Mikado Realtors Private Limited, a Tata Group Company (Tata Realty and Infrastructure Ltd). The per sq ft rate works out to be ₹65, the documents showed. Intellion Park is located right off the Golf Course Extension Road, in Gurugram. It offers connectivity through the main access roads - Golf Course Road, MG Road and Faridabad Road and is also well connected to Sohna Road, NH 8 and Delhi. The Southern Peripheral Road, Dwarka Expressway and Delhi-Mumbai Expressway are within easy reach. The metro station is at a 10-minutes drive. According to the registration document reviewed by PropEquity, which also tracks residential and commercial transactions, the lease agreement has been signed for six years starting from lease commencement date of August 1, 2024 till July 31, 2030. The lease deed is also subject to a lock-in period of three years. Table Space will have 11 months for carrying out fit-outs. The lease deed also provides for a fit-out period of eleven months from the Lease Commencement Date (August 1, 2024) to June 30, 2025 during which Table Space will be required to pay only 50% of the maintenance charges, i.e ₹6.5 per sq. ft, the documents showed. The rent commencement and full maintenance charge of ₹13 per sq. ft. shall begin from July 1, 2025 amounting to a monthly rent of ₹4,16,93,496. The agreement provides for 15% escalation in lease rent after every three years, it showed. The agreement also requires the deposit of three month rent as interest free refundable security deposit with 15% escalation after every three years. The lease agreement, upon expiry, can be renewed for a period of four years and thereafter an additional five years, the documents showed. The G+12 structure office building will also have 617 covered car parking spaces in the basement. The transaction incurred a stamp duty payment of ₹1,58,53,000 and registration charges of ₹50,003, the documents showed. Table Space is a flexible workspace solution providers in India and specializes in providing enterprise-managed workspace solutions to global enterprises. Founded in 2017, Table Space's portfolio comprises 100.5 lakh sq. ft of custom workspaces for enterprises as of December 2024, with over 75+ centres across key clusters in India. According to PropEquity, Golf Course Extension Road saw the supply of 5.23 million sq. ft. office space between 2022-24 while leasing stood at 2.72 million sq. ft. The average rentals stood at ₹78 per sq. ft.
Mint
10 hours ago
- Mint
Buy or sell: Sumeet Bagadia recommends three stocks to buy on Monday — 18 August 2025
Buy or sell stocks: The Indian stock market finally snapped a six-week losing streak as extreme oversold conditions and supportive global cues lifted investor sentiment. The Nifty 50 and Sensex ended the week with gains of around 1%, though momentum remained muted due to persistent foreign outflows. Foreign Institutional Investors (FIIs) continued their aggressive selling, offloading nearly ₹ 10,000 crore in the cash market, while Domestic Institutional Investors (DIIs) absorbed the pressure with strong buying worth ₹ 19,000 crore. Broader markets staged a recovery across sectors, led by pharma and auto stocks, though FMCG lagged. Sumeet Bagadia, Executive Director at Choice Broking, believes the Indian stock market sentiment has improved after successive rallies in two straight sessions. However, the Choice Broking expert said the Nifty is facing an immediate hurdle at 24,650. On breaking above this level on a closing basis, Bagadia predicted another 100-point rally in the 50-stock index. Speaking on the outlook of the Indian stock market, Sumeet Bagadia said, "The Indian stock market bias has improved after the relief rallies on the last two sessions last week; however, the 50-stock index trades in a tight 24,300 to 24,650 range. The broader range of the key benchmark index is 24,000 to 24,800. A bullish or bearish trend can be assumed on the breakage of either side of this range. If the rally extends further, we may see the Nifty 50 index touching 24,800 levels." Sumeet Bagadia of Choice Broking advised investors to maintain a stock-specific approach and look at stocks that look strong on the technical chart. Asked about such stocks, Bagadia recommended buying these three shares: Maruti Suzuki India Ltd, Bajaj Finserv, and Power Grid Corporation of India. 1] MSIL: Buy at ₹ 12,936, Target ₹ 14,300, Stop Loss ₹ 12,300. Maruti Suzuki India Ltd's share price is currently ₹ 12,936, consolidating within a defined range over recent sessions. The stock is now on the verge of breaking out of this range, with price action supported by consistent trading volumes, a sign of steady accumulation and strong market participation. If Maruti Suzuki India Ltd's share manages to sustain above the ₹ 13,000 mark, it could confirm the breakout and open the door for further upside toward higher targets. Such a move would indicate the continuation of its prevailing bullish trend. Momentum indicators back this view. The Relative Strength Index (RSI) is at 63.90, trending upwards, signalling strengthening momentum. Maruti Suzuki India Ltd's share price is comfortably trading above all its key moving averages, short-term, medium-term, and long-term EMAs, which suggests robust underlying strength and a supportive trend structure. From a price action standpoint, the consolidation near the highs and volume-backed breakout potential point toward bullish dominance and an attractive risk-reward opportunity. Given the emerging technical setup, traders may consider buying Maruti Suzuki India Ltd shares at the current market price of ₹ 12,936, with a stop-loss set at ₹ 12,300 to manage downside risk. A sustained move above ₹ 13,000 could propel the share price toward the ₹ 14,300 target in the near term. 2] Bajaj Finserv: Buy at ₹ 1925.10, Target ₹ 2130, Target ₹ 1830. Bajaj Finserv's share is currently trading at ₹ 1,925.10, having seen a strong upmove from lower levels in the past. After a record high, the stock witnessed a healthy retracement, allowing it to cool off from overbought conditions. Recently, it has been taking support from its long-term EMA, a key dynamic support level, and is now showing early signs of a potential reversal. A sustainable move above ₹ 1,980 could confirm this reversal and open the door for further upside in the near term. Such a move would suggest that the bulls are regaining control after the corrective phase. Momentum indicators support this outlook. The Relative Strength Index (RSI) stands at 39.84 and shows a reversal from lower levels with a positive crossover, indicating an emerging uptrend. Additionally, Bajaj Finserv's share is trading above its long-term EMA and is now approaching its short-term and medium-term EMAs, signalling improving technical strength. From a price action perspective, the rebound from the long-term EMA combined with early momentum recovery suggests that the downside risk is limited, making the current setup attractive from a risk-reward standpoint. Given the emerging reversal signals, traders may consider buying Bajaj Finserv shares at the current market price of ₹ 1,925.10, with a stop-loss set at ₹ 1,830 to manage downside risk. A sustained move above ₹ 1,980 could propel the stock toward the ₹ 2,130 target soon. 3] Power Grid Corporation of India: Buy at ₹ 288.70, Target ₹ 320, Stop Loss ₹ 275. Power Grid Corporation of India's share price is currently trading at ₹ 288.70. After bouncing from lower levels, the stock has entered a consolidation phase within a defined range. This consolidation has also taken the shape of an Ascending Triangle pattern on the daily timeframe. The stock is currently taking support near the lower boundary of this formation, hinting at a potential base for the next directional move. If the stock manages to sustain above the ₹ 300 level, it could confirm a breakout from this pattern and open the way for further upside toward the ₹ 325 target. Such a breakout would mark a shift in momentum from consolidation to bullish continuation. Momentum indicators support this view. The Relative Strength Index (RSI) stands at 45.75, showing an upward trend after reversing from lower levels and forming a positive crossover, signalling improving buying interest. Power Grid Corporation of India's share is also trading near its short-term EMA and is approaching its medium-term and long-term EMAs. A sustained move above these levels would further strengthen the bullish case. From a price action standpoint, the combination of firm support at the lower end of the formation and improving momentum suggests the potential for an upward breakout, offering an attractive risk-reward setup. Given these technical signals, traders may consider buying Power Grid Corporation of India shares at the current market price of ₹ 288.70, with a stop-loss set at ₹ 275 to manage downside risk. A sustained move above ₹ 300 could soon drive the stock toward the ₹ 325 target. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Time of India
11 hours ago
- Time of India
Nifty may swing -11% to +4% around 25,000; macro uncertainty clouds outlook: Report
Representative image Nifty 50 could fluctuate between 11 per cent below and 4 per cent above its year-end target of 25,000 as markets face a host of uncertainties, according to a report by BofA Securities. As per news agency ANI, the brokerage said that possible US trade tariffs on Indian goods, a shaky US economic outlook, delays in policy responses, and upcoming elections in six major Indian states could all weigh on investor sentiment. These six states together account for more than 16 per cent of India's public subsidy and capital expenditure. 'We keep our Nifty year-end target intact at 25,000 but expect Nifty to swing -11 per cent to +4 per cent versus this target as markets react to emerging developments around key factors such as trade tariffs, US economic outlook, Fed/RBI cuts, and potential fiscal support to offset tariff impact,' the report noted. BofA expects Nifty earnings to grow 7 per cent in FY26 and 11 per cent in FY27, well below market expectations of 9 per cent and 15 per cent respectively and warned that each earnings season could trigger short-term corrections rather than sustained rallies. The firm added that timely legislative and fiscal reforms, funded by higher RBI dividends, asset sales, fuel duties and leveraged infrastructure spending, could lift market sentiment and provide upside potential. Publicly available data show that both the Nifty 50 and BSE Sensex have been struggling, each in the midst of their longest losing streak in over two decades. They are down about 12.6 per cent and 11.7 per cent respectively from their record highs in September last year, with a roughly 3 per cent decline so far this year. On Thursday, however, both indices ended slightly higher in a volatile session. The Sensex rose 57.75 points (0.07 per cent) to 80,597.66, while the Nifty gained 11.95 points (0.05 per cent) to close at 24,631.30. Gains in IT, pharma, banking and consumer durables were offset by losses in metals, oil and gas, and FMCG. Vinod Nair, head of research at Geojit Financial Services, was quoted by news agency PTI as saying that softer US inflation data and a dovish outlook supported IT and pharma stocks, while hopes for a consumption-led recovery lifted banking and consumer durables. Adding to the broader macro picture, S&P Global Ratings has upgraded India's sovereign credit rating to 'BBB' with a stable outlook, the first such improvement in nearly 19 years, citing robust growth, fiscal discipline, and favourable monetary policy. S&P said the possible impact of US tariffs on India would be 'manageable,' pointing out that around 60 per cent of the country's economic growth comes from domestic consumption, making it less reliant on trade. Stay informed with the latest business news, updates on bank holidays , public holidays , current gold rate and silver price .
