Page 118 - Latest Updates on Stock Market
US Fed rate decision, June qtr earnings to drive markets this wk: Analysts
Besides, trends in global markets and the trading activity of foreign investors would also influence domestic equities
 "US Fed rate decision, June qtr earnings to drive markets this wk: Analysts")
Sensex drops 888pts, Nifty below 19,750; Infy sinks 8%, HUL, RIL up to 3.5%
Closing Bell on July 21, 2023: The benchmarks snapped their 6-day winning run. Among sectoral indices, the Nifty IT index shed 4 per cent, followed by the Nifty FMCG index (down 1 per cent)
 "Sensex drops 888pts, Nifty below 19,750; Infy sinks 8%, HUL, RIL up to 3.5%")
More downside seen in Infosys earnings estimate; stock to derate: Analysts
Infosys Q1 result review: Brokerages have unanimously reduced FY24 EPS estimates for the company in the range of 2-4 per cent, though the Street is likely fearing even further downside, they say
 "More downside seen in Infosys earnings estimate; stock to derate: Analysts")
Hindustan Unilever stock falls 2.4% after costs hit quarterly profit
Fast-moving consumer goods markets are recovering gradually although the operating environment remains "challenging," CEO Rohit Jawa said
 "Hindustan Unilever stock falls 2.4% after costs hit quarterly profit")
Stocks to watch: RIL, Infosys, HUL, Ultratech Cement, Union Bank, L&T, DLF
Stocks to watch on July 21, 2023: From Reliance Industries to Infosys, check out the top stocks to watch in Friday's trading session
 "Stocks to watch: RIL, Infosys, HUL, Ultratech Cement, Union Bank, L&T, DLF")
Markets end at record closing highs; Sensex tops 67,500, Nifty nears 20,000
Closing Bell on July 20: The market discovered price of Jio Financial Services as Rs 261.85 per share, much higher than estimates
 "Markets end at record closing highs; Sensex tops 67,500, Nifty nears 20,000")
$46 bn rally shows optimism is returning for India's IT companies
The NSE Nifty IT Index has climbed 18% from an April low, adding about $46 billion in market value. The 10-member gauge has turned the rally up a notch in July
 "$46 bn rally shows optimism is returning for India's IT companies")
Stocks to watch: RIL, HUL, Infosys, Bank of Maha, L&T Finance, Tata Coffee
Stocks to watch on July 20, 2023: From Reliance Industries to Hindustan Unilever, check out the top stocks to watch in Thursday's trading session
 "Stocks to watch: RIL, HUL, Infosys, Bank of Maha, L&T Finance, Tata Coffee")
Markets are at starting point of a mid-to-long term bull run: Ajit Banerjee
The mid and small caps look a bit heated up from a near-term perspective. The earning yields of mid and small-cap stocks on a trailing 12-month basis are higher than that of largecaps
 "Markets are at starting point of a mid-to-long term bull run: Ajit Banerjee")
IndusInd Bank surges 4% to highest level since Jan 2020 on healthy Q1 nos
The stock was trading at its highest level since January 2020 and has rallied nearly 30% in the past three months
 "IndusInd Bank surges 4% to highest level since Jan 2020 on healthy Q1 nos")
Stocks to watch: L&T Tech, Paytm, Rallis India, Piramal Pharma, NMDC
Stocks to watch on July 19, 2023: From Paytm to Piramal Pharma, here are the top stocks to watch in Wednesday's trading session
 "Stocks to watch: L&T Tech, Paytm, Rallis India, Piramal Pharma, NMDC")
Infosys surges 4% on signing a 5-year AI deal with $2 billion target spend
Infosys was trading at its highest level since March 2023. In the past four trading days, the stock has rallied 11 per cent after sector major TCS and HCL Tech released their Q1FY24 results
 "Infosys surges 4% on signing a 5-year AI deal with $2 billion target spend")
Firm buying to keep the rally going in gold jewellery stocks, say analysts
Gold jewellery retailers: Kalyan Jewellers, Titan, PC Jewellers, Thangamayil Jewellery, and Tribhovandas Bhimji Zaveri have rallied 21-72% so far since April as compared to a 13% gain in the Sensex
 "Firm buying to keep the rally going in gold jewellery stocks, say analysts")
Stocks to watch: IndusInd Bank, Ashok Leyland, Patanjali Foods, Ircon, IOC
Stocks to watch on July 18, 2023: From Ashok Leyland to Tata Elxsi, check out the top stocks to watch in Tuesday's trading session
 "Stocks to watch: IndusInd Bank, Ashok Leyland, Patanjali Foods, Ircon, IOC")
BSE-listed firms' market valuation touches all-time high of Rs 303.59 trn
The rally came despite weakness in European markets and a mixed ending in key Asian gauges
 "BSE-listed firms' market valuation touches all-time high of Rs 303.59 trn")
Sensex adds 529pts, ends near 66,600; Nifty at 19700; SBI up 3%, HDFC Bk 2%
CLOSING BELL on July 17: The benchmark S&P BSE Sensex notched a new high of 66,656 in the intra-day trade, while the Nifty50 hit a new record high of 19,732
 "Sensex adds 529pts, ends near 66,600; Nifty at 19700; SBI up 3%, HDFC Bk 2%")
Stocks to watch: HDFC Bank, Bandhan Bank, LTIMindtree, Angel One, D-Mart
Stocks to watch on July 17, 2023: From HDFC Bank to Angel One, here are the top stocks to watch in Monday's trading session
 "Stocks to watch: HDFC Bank, Bandhan Bank, LTIMindtree, Angel One, D-Mart")
Sensex rallies 502 pts, ends above 66K; Nifty near 19,600; IT stocks sizzle
CLOSING BELL ON JULY 14, 2023: The BSE benchmark index scaled a fresh summit at 66,160, while the NSE Nifty50 registered a record high at 19,595.
 "Sensex rallies 502 pts, ends above 66K; Nifty near 19,600; IT stocks sizzle")
Why individual investors' share in mutual funds assets is surging
Nearly six rupees out of every ten in individual MF investments are in equity schemes
 "Why individual investors' share in mutual funds assets is surging")
Stocks to Watch today, July 14: Senco Gold, Wipro, Dixon, Aptech, Patanjali
Stocks to watch on July 14, 2023: Bandhan Bank, JSW Energy, Just Dial and Kesoram Industries among prominent firms scheduled to announce June quarter earnings on Friday.
 "Stocks to Watch today, July 14: Senco Gold, Wipro, Dixon, Aptech, Patanjali")