Page 120 - Latest Updates on Stock Market
Stocks to Watch on July 7: Dabur, Titan, SBI Card, PSBs, Cipla, Sobha, IHCL
Stocks to Watch today, July 7, 2023: Titan Company has registered a 20 per cent year-on-year (YoY) consolidated revenue growth in Q1FY24
 "Stocks to Watch on July 7: Dabur, Titan, SBI Card, PSBs, Cipla, Sobha, IHCL")
Sensex zooms 340 pts, ends near 65,800; Nifty tests 19500; auto stocks lead
Closing Bell on July 6, 2023: This was the Nifty50 index's eighth straight session of gains
 "Sensex zooms 340 pts, ends near 65,800; Nifty tests 19500; auto stocks lead")
Hind Zinc rallies 8%; board to consider interim dividend for FY24 on July 8
The record date for the eligibility of interim dividend payment, if any, will be Saturday July 15, 2023, Hindustan Zinc said in a filing
 "Hind Zinc rallies 8%; board to consider interim dividend for FY24 on July 8")
JBM Auto cracks 15% as investors book profit after a 51% rally in 12 days
In the last session on July 5, JBM Auto had hit a 52-week high of Rs 1,517.5 per share. On a year-to-date basis, the share has more than doubled investors' wealth with a whopping rally of 190%
 "JBM Auto cracks 15% as investors book profit after a 51% rally in 12 days")
Hero MotoCorp surges 9% in 2 days; drives past TVS Motor in mcap ranking
At 12:58 PM; Hero MotoCorp's m-cap stood at Rs 63,076 crore as compared to TVS Motors's m-cap of Rs 62,000 crore, the BSE data shows
 "Hero MotoCorp surges 9% in 2 days; drives past TVS Motor in mcap ranking")
Tata Comm: Upsides in stock limited given execution challenges, valuations
Sharp rally and integration/execution challenges may cap upsides for the stock
 "Tata Comm: Upsides in stock limited given execution challenges, valuations")
Samvardhana Motherson surges 8% on deal to acquire Honda's 4W component biz
As a part of the overall transaction, the 2W business (housed under Goshi Giken) will be transferred to Honda Motor before Motherson acquires 81 per cent stake in Yachiyo's 4W business
 "Samvardhana Motherson surges 8% on deal to acquire Honda's 4W component biz")
HDFC Bank-HDFC's combined loan book up 13.1%; deposits up 16.2% in Q1
Sequentially, merged entity's advances rose by 0.7% to Rs 22.30 trillion as of March 31
 "HDFC Bank-HDFC's combined loan book up 13.1%; deposits up 16.2% in Q1")
HPL Electric & Power surges 18% on bagging smart meter orders of Rs 903 cr
HPL said these orders further bolster the company's total pending pipeline order book, now totaling Rs 2250 plus crore
 "HPL Electric & Power surges 18% on bagging smart meter orders of Rs 903 cr")
Untimely rains dent summer sales; to keep durable stocks in check: Analysts
Analysts expect the stocks to remain weak in the near-term as lower sales offtake will lead to companies missing their earnings estimates for the April-June quarter (Q1FY24)
 "Untimely rains dent summer sales; to keep durable stocks in check: Analysts")
Stocks to Watch on July 4: RIL, IndusInd, IDFC, Adani Transmission, DMart
Stocks to Watch today, on Tuesday: Reliance Jio, the telecom arm of Reliance Industries, has announced the launch of the internet-enabled 'JioBharat' phones, at a price of Rs 999
 "Stocks to Watch on July 4: RIL, IndusInd, IDFC, Adani Transmission, DMart")
GIFT Nifty begins India journey as new hedging option for investors
Investors who were taking cues on the movement of the NSE's blue-chip Nifty 50 index ahead of its opening from the SGX Nifty will now do so with GIFT Nifty
 "GIFT Nifty begins India journey as new hedging option for investors")
HDFC twins hog limelight, settle in positive territory post-merger
The combined market valuation of HDFC and HDFC Bank stood at Rs 14,93,119.33 crore on the BSE
 "HDFC twins hog limelight, settle in positive territory post-merger")
Sensex ends above 65,000, Nifty 19,300 for the first time; RIL zooms 2.5%
Closing Bell on July 3, 2023: The S&P BSE Sensex settled at a fresh closing high of 65,205, soaring 486 points. The broader Nifty50, meanwhile, zoomed 141 points to 19,330
 "Sensex ends above 65,000, Nifty 19,300 for the first time; RIL zooms 2.5%")
OMCs rally up to 7% on improved outlook; HPCL, IOC scale 52-week highs
In the past one-year, shares of OMCs have risen between 18 per cent and 28 per cent on the back of a fall in crude oil prices. Brent crude prices have corrected 20 per cent in the past one year
 "OMCs rally up to 7% on improved outlook; HPCL, IOC scale 52-week highs")
Hospitality firm PKH Ventures IPO subscribed 6% on day 1 of offer
The category for Retail Individual Investors (RIIs) received 13 per cent subscription while the portion for non institutional investors got subscribed 10 per cent
 "Hospitality firm PKH Ventures IPO subscribed 6% on day 1 of offer")
Fresh records on D-St! Sensex ends atop 64,700, up 803 pts; leaps 10% in Q1
CLOSING BELL ON JUNE 30, 2023: The NSE Nifty 50 was up 217 points on Friday. While the NSE benchmark ended 3.5 per cent higher in June, the index registered a 10.5 per cent gain for Q1FY24.
 "Fresh records on D-St! Sensex ends atop 64,700, up 803 pts; leaps 10% in Q1")
Stocks to Watch: BPCL, PowerGrid, ATGL, ICICI Bank, T D Power, CreditAccess
Stocks to Watch on June 30, 2023: MCX has extended the support services deal with its software vendor 63 Moons Technologies; BPCL's board approved raising up to Rs 18,000 crore via rights issue
 "Stocks to Watch: BPCL, PowerGrid, ATGL, ICICI Bank, T D Power, CreditAccess")
Stock market holiday: NSE, BSE to remain shut today on account of Bakri Eid
Stock market holiday was changed from June 28 to June 29 after the Maharashtra government issued an order, postponing the data of the Bakri Eid holiday in the state
 "Stock market holiday: NSE, BSE to remain shut today on account of Bakri Eid")
Markets at new high! Sensex hits 64K, ends 499 pts up; Nifty tests 19K
CLOSING BELL ON JUNE 28, 2023: The BSE Sensex hit a new all-time high at 64,050; Nifty at 19,011 and Bank Nifty at 44,508 on Wednesday.
 "Markets at new high! Sensex hits 64K, ends 499 pts up; Nifty tests 19K")