Welspun Living

The Indian stock market will remain closed on June 26 for the Muharram holiday. Benchmark indices extended their winning streak ahead of the holiday, with Nifty 50 closing at 24,056 and Sensex at 77,100.47, boosted by easing crude oil prices and supportive measures for the rupee.

Motilal Oswal has started coverage on eight textile firms, predicting growth due to global demand recovery and capacity expansions. They recommend 'buy' for Gokaldas Exports, Arvind, Pearl Global, Indo Count, and Welspun Living.

The Indian stock market closed sharply lower on June 1, with the Nifty 50 and Sensex both down 0.74%. Selling pressure from foreign investors and weak global cues impacted FMCG, financial, and auto stocks, while Nifty IT gained 2.62% amid broader market declines.

Vardhman Textiles share price jumped over 6%, followed by Pearl Global Industries, Raymond Lifestyle and Trident shares rallying over 5%. Gokaldas Exports, KPR Mill and Welspun Living shares gained over 4% each, while Alok Industries share price surged over 3%.

Stocks to buy under ₹ 200: Mehul Kothari recommends three shares to buy or sell — Central Bank of India, Shree Renuka Sugars, and Welspun Living

The Indian stock market ended February 25 with modest gains, as key indices recovered slightly. IT stocks rallied after previous losses, while metal and auto sectors supported the indices. The Nifty 50 rose 0.23%, and broader markets outperformed frontline indices.

The Indian stock market faced a significant sell-off due to concerns over artificial intelligence and geopolitical tensions. The Nifty 50 and Sensex fell over 1%, with technology stocks hit hardest, marking a steep decline in the Nifty IT index for February.

Textile stocks surged on February 23, with Kitex Garments up 10.4%, Welspun Living by 4.2%, and Trident by 7.5% after the US Supreme Court deemed Trump tariffs illegal. Dr. VK Vijayakumar predicts legal challenges ahead for a new 15% global tariff proposed by Trump.