Page 119 - Latest Updates on Stock Market
Sensex sheds 505 pts from summit, ends 165 pts up; PSU banks crack; IT gain
CLOSING BELL ON JULY 13, 2023: The NSE Nifty50 hit a new high of 19,567, before finishing with a modest gain of 29 points on Thursday. Broader indices ended in red.
 "Sensex sheds 505 pts from summit, ends 165 pts up; PSU banks crack; IT gain")
 "10 Best Stock Market Training Institutes in India")
$590 bn rally since March faces earning reports, retail pull back tests
Key gauges in India hit records in July on bets that Asia's third-biggest economy will stage a strong recovery even with elevated policy rates
 "$590 bn rally since March faces earning reports, retail pull back tests")
Stocks to Watch today, July 13: Delta Corp, HDFC Bank, Patanjali, SpiceJet
Stocks to watch on July 13, 2023: Shares of TCS and HCL Technologies will react to Q1 earnings on Thursday.
 "Stocks to Watch today, July 13: Delta Corp, HDFC Bank, Patanjali, SpiceJet")
Sensex drops 224 pts in fag-end, Nifty below 19,400; Delta Corp sinks 23%
CLOSING BELL ON JULY 12, 2023: Shares of online gaming firms wilted under selling pressure on Wednesday owing to the 28% GST levy. Meanwhile, HDFC signed-off its from the bourses with a 0.6% loss.
 "Sensex drops 224 pts in fag-end, Nifty below 19,400; Delta Corp sinks 23%")
Stock of this power generation company has zoomed over 8500% since 2021
Thus far in the calendar year 2023, the stock zoomed has 148% as compared to a 7% rise in the S&P BSE Sensex
 "Stock of this power generation company has zoomed over 8500% since 2021")
Sensex ends range-bound session 274 pts up; financials weigh, IT, RIL gain
CLOSING BELL ON JULY 11, 2023: The NSE Nifty ended 84 points or 0.4 per cent higher, while the Bank Nifty and Nifty Financial Services declined 0.2 per cent and 0.4 per cent, respectively on Tuesday.
 "Sensex ends range-bound session 274 pts up; financials weigh, IT, RIL gain")
HCL Tech revenue, profit may rise 15% YoY in Q1FY24; ER&D segment to be hit
HCL Tech Q1FY24 result: On a QoQ basis, its Q1 revenue may grow 1 per cent while net profit could drop 4 per cent
 "HCL Tech revenue, profit may rise 15% YoY in Q1FY24; ER&D segment to be hit")
TCS Preview: Wage hikes to erode margin in Q1FY24; PAT may drop 3.3% QoQ
TCS Q1 result preview: The weakness comes on account of a worsening demand environment, which is leading to cancellation and delay in projects, a longer sales cycle and slower revenue conversion
 "TCS Preview: Wage hikes to erode margin in Q1FY24; PAT may drop 3.3% QoQ")
Kalyan Jewellers extends rally on strong Q1 biz update; zooms 59% in 1 mth
In the past week, the stock has rallied 18 per cent after the company reported over 30 per cent consolidated revenue growth for the June quarter (Q1FY24)
 "Kalyan Jewellers extends rally on strong Q1 biz update; zooms 59% in 1 mth")
Stocks to Watch today, July 11: Vedanta, LIC, Vadilal, PCBL, Tata Comm, PFC
Stocks to watch on July 11, 2023: Shares of Nazara Tech and Satin Creditcare may see some action as the boards approved fund raising proposals.
 "Stocks to Watch today, July 11: Vedanta, LIC, Vadilal, PCBL, Tata Comm, PFC")
RIL shines in lacklustre trade; Sensex ends 64 pts up; broader indices slip
CLOSING BELL ON JULY 10, 2023: Reliance alone contributed 302 points to the BSE Sensex as the stock finished 3.8 per cent higher. The NSE Nifty 50 was up 24 points at 19,356 on Monday.
 "RIL shines in lacklustre trade; Sensex ends 64 pts up; broader indices slip")
Akzo Nobel India surges 5%, hits record high on steady growth outlook
In the past one month, the stock has outperformed the market by gaining 12 per cent as compared to a 4.4 per cent rise in the S&P BSE Sensex
 "Akzo Nobel India surges 5%, hits record high on steady growth outlook")
RIL up 4%; sets July 20 as record date for share allotment in Jio Financial
Under the arrangement, shareholders of RIL will get one share each of Reliance Strategic Investment (RSIL) for every one share held in RIL as of the record date
 "RIL up 4%; sets July 20 as record date for share allotment in Jio Financial")
There's more pain ahead for S&P 500 as profit warnings loom, say investors
The biggest negative for the earnings season will be the impact of further tightening of financial conditions, said 42% of respondents
 "There's more pain ahead for S&P 500 as profit warnings loom, say investors")
Stocks to Watch today, July 10: Cyient DLM, Titan, SBI, Zee, IOC, HDFC Bank
Stocks to watch on July 10, 2023: BHEL, Delta Corp, Granules and India Cements are the four stocks in F&O ban period on Monday.
 "Stocks to Watch today, July 10: Cyient DLM, Titan, SBI, Zee, IOC, HDFC Bank")
After strong Q1 performance, outlook remains robust for Titan Company
But valuations rich after the run-up in the last three months
 "After strong Q1 performance, outlook remains robust for Titan Company")
Hawkish signals by US Fed end domestic market's eight-day winning streak
Nifty falls nearly a per cent after adding 4.5% in the last eight trading sessions
 "Hawkish signals by US Fed end domestic market's eight-day winning streak")
Sensex sinks 505 pts, Nifty gives up 19,350 amid global weakness; PSBs soar
Closing Bell on July 7, 2023: PowerGrid, IndusInd Bank, HUL, NTPC, Bajaj Finance, HCL tech, Tech M, L&T, Asian Paints, ICICI Bank, ITC, Kotak Bank, Infosys, and HDFC twins declined up to 3 per cent
 "Sensex sinks 505 pts, Nifty gives up 19,350 amid global weakness; PSBs soar")
India's demat tally tops 120 mn; June additions highest in 13 months
Benchmarks Sensex and Nifty50 logged fourth straight monthly gain in June, their longest since October 2021
 "India's demat tally tops 120 mn; June additions highest in 13 months")