Page 116 - Latest Updates on Stock Market
At 2.9 mn, new demat account additions hit 18-month high in July
10 IPOs with a prospective fund raise of Rs 8,000 cr will decide August trajectory
 "At 2.9 mn, new demat account additions hit 18-month high in July")
Sensex snaps 3-day losing run, up 481 pts; Nifty holds 19,500; SBI down 3%
Closing Bell on August 4: Among sectors, the Nifty IT index added 1.45 per cent, while the Nifty PSU Bank index fell 0.86 per cent
 "Sensex snaps 3-day losing run, up 481 pts; Nifty holds 19,500; SBI down 3%")
Zomato surges 14% as firm turns profitable for first-time in June quarter
Food aggregator platform company reported a consolidated profit after tax of Rs 2 crore compared to a loss of Rs 186 crore in the year-ago period.
 "Zomato surges 14% as firm turns profitable for first-time in June quarter")
Jhunjhunwala-backed Concord Biotech IPO opens today: What do analysts say?
Concord Biotech IPO: The stock is commanding a 20 per cent premium in the grey market, as per ipowatch.com
 "Jhunjhunwala-backed Concord Biotech IPO opens today: What do analysts say?")
Nifty Realty may see profit booking; Buy Nifty Infra at support of 5,864
The best trading strategy for Nifty Realty would be to exercise patience and wait for the index to undergo a corrective phase, says Ravi Nathani
 "Nifty Realty may see profit booking; Buy Nifty Infra at support of 5,864")
IndusInd Bank: Adopt a bear spread strategy for the August expiry
Short build up seen in Indusind bank Futures on Thursday, with a 2 per cent addition in Open Interest (Prov) and price falling 1.21 per cent: HDFC Securities
 "IndusInd Bank: Adopt a bear spread strategy for the August expiry")
New era of Indian equity outperformance is dawning: Morgan Stanley
In India, Morgan Stanley believes, the situation is in stark contrast to that in China. India, it said, is arguably at the start of a long wave boom
 "New era of Indian equity outperformance is dawning: Morgan Stanley")
Sensex slips 542 pts, Nifty holds 19,350; Vedanta sinks 7%, Adani Ent up 2%
Closing Bell on August 3: 39 of the 50 Nifty stocks ended in the negative zone led by Titan, Bajaj Finserv, ONGC, ICICI Bank, Nestle India, Ultratech Cement
 "Sensex slips 542 pts, Nifty holds 19,350; Vedanta sinks 7%, Adani Ent up 2%")
ADTV for equities cash market segment hits a 21-month high in July
F&O volumes log new highs, increase by 2.8 times over a year earlier
 "ADTV for equities cash market segment hits a 21-month high in July")
Sensex sinks 677pts, Nifty nears 19,500 amid global rout; all sectors bleed
CLOSING BELL on August 2, 2023: Equity markets roiled under global pressure on Wednesday after rating agency Fitch downgraded credit rating of the US
 "Sensex sinks 677pts, Nifty nears 19,500 amid global rout; all sectors bleed")
Sun Pharma Q1 profit may be weighed by weak US generic sales and Taro nos
Sun Pharma Q1 results: The company's Q1 net profit could dip fractionally by 0.15 per cent to Rs 2,058 crore against Rs 2,061 crore reported a year ago
 "Sun Pharma Q1 profit may be weighed by weak US generic sales and Taro nos")
Sanghi Ind freezes at 5% upper circuit as Ambuja eyes buying majority stake
The acquisition would further strengthen the presence of Ambuja-ACC in the Western market (whose current share is 20 per cent), according to ICICI Securities
 "Sanghi Ind freezes at 5% upper circuit as Ambuja eyes buying majority stake")
Singapore's Indian origin investment guru Narayana Iyer Narayanan dies
Narayanan, who had deep knowledge of the stock and share market dating back to the 1960s, died after suffering a heart attack on June 23
 "Singapore's Indian origin investment guru Narayana Iyer Narayanan dies")
Stocks to Watch on Aug 2: HeroMoto, Campus Activewear, Adani Wilmar, Titan
Stocks to Watch today, August 2, 2023: According to reports, Campus Activewear is expected to see a block deal for eight million shares at a price of Rs 295-300 apiece.
 "Stocks to Watch on Aug 2: HeroMoto, Campus Activewear, Adani Wilmar, Titan")
After missing 1st shot at listing, firms re-file DRHPs with lower size
Investment bankers said smaller issues are a relatively easy pitch for investors
 "After missing 1st shot at listing, firms re-file DRHPs with lower size")
Stock market settlement cycles: India's shift from T+2 to T+1 explained
As the stock market shift from T+2 to T+1 settlement cycle, find out what settlement cycles are and what this means for India's stock market
 "Stock market settlement cycles: India's shift from T+2 to T+1 explained")
Sensex, Nifty end choppy day flat; Power Grid slides 5%, Hero Moto 3%
Closing Bell on August 1, 2023: Power Grid, Hero MotoCorp, Apollo Hospitals, IndusInd Bank, Bajaj Finserv, SBI, Adani Ports, Reliance Industries, and Maruti Suzuki were the top laggards
 "Sensex, Nifty end choppy day flat; Power Grid slides 5%, Hero Moto 3%")
Stocks to Watch on Aug 1: Adani Total, PVR Inox, Maruti, ITC, SBI, autos
Stocks to Watch on Tuesday, August 1, 2023: The Board of ITC will meet on August 14 to announce Q1FY24 results, and consider the Scheme of Arrangement for the demerger of Hotels Business
 "Stocks to Watch on Aug 1: Adani Total, PVR Inox, Maruti, ITC, SBI, autos")
Nifty Financial Services may see correction; PSB index eyes profit booking
Within the range of 19700 to 19425, investors are advised to accumulate the Nifty Financial Services index and its constituents, says Ravi Nathani
 "Nifty Financial Services may see correction; PSB index eyes profit booking")
BSE SmallCap index hits fresh high; eyes 35,000 after surging 28% in FY24
Around 40 stocks on the BSE SmallCap index scaled new record highs, including The Anup Engineering, Bector Food, Cholamandalam Fin, CMS Info, CreditAccess Grameen, RPG Life, Escorts, Inox Green
 "BSE SmallCap index hits fresh high; eyes 35,000 after surging 28% in FY24")