Page 1009 - Markets News

ICICI Bank, TCS, Grasim: 5 F&O stocks with high PCR for your watchlist

F&O trading strategy: A high OI-based PCR suggests that traders were expecting limited downside at these counters, and were comfortable writing Puts.

JSW Infrastructure's shares slump 7% after subdued Q1; check details

Share prices of JSW Infrastructure slipped as much 7.52 per cent at Rs 311 per share on the BSE in intraday deals of Friday.

RVNL signs MoU with Israel-based United Construction; stock 12% off lows

In a separate exchange filing, RVNL informed that the Hon'ble tribunal has passed an award of Rs 584.22 crore in favour of its joint venture company i.e. Krishnapatnam Railway Company Limited (KRCL).

LTIMindtree stock gains on bagging mutli-million dollar contract extension

The share price rose after the company announced that it has secured mutli-million dollar contract extension from Absa Bank.

Capital gains tax on share sale: Calculation, treatment, budget expectation

Long term capital gains (LTCG) tax on the sale of these asset classes stocks, mutual funds, real estate etc. is levied when the holding period of the asset is over one year

'Tax relief for the middle class will be a big positive for the markets'

Nifty is comfortably trading at 15-year average PE of 19.2x. As long as valuations are not frothy in large caps, there's not much to worry about, said Siddharth Vora of Prabhudas Lilladher

Tax overhaul, populism: ICRA on proposals that Modi 3.0 Budget must avoid

The Union Budget for fiscal 2024-25 (FY25) will be presented on July 23, 2024

Capital gains tax rejig on share sale in Modi 3.0 budget can spook markets

Market pundits also expect some changes in the tax treatment of gains arising from trades in the futures & options (F&O) segment

Income tax rate cut, sops for PSUs: Brokerage expectations from budget 2024

Expectations (as measured by pre-budget equity market performance), wrote analysts at Morgan Stanley in a note, are important in determining what the market does immediately after the budget

RVNL, Angel One, Dixon, ITC, SBI: Strategies for Budget 2024 stocks

Stocks in focus ahead of Union Budget 2024: These 11 stocks across sectors are likely to be in focus in anticipation of measures to be announced by the finance minister Nirmala Sitharaman on Tuesday,

Avantel's Q1FY25 net profits tank 39% QoQ: stock hits 10% lower circuit

Avantel registered a decline of 8.75 per cent year-on- year (Y-o-Y) at Rs 7.3 crore in net profits for the June quarter of FY25 versus Rs 8 crore reported in Q1FY24

This Tata group stock has zoomed 37% in 2 days; hit 20-month high

Tata Teleservices (Maharashtra) hit a 20-month high of Rs 111.48, surging 14% amid heavy volumes in intra-day trade on Friday despite weakness in the broader market.

South Indian Bank share price jumps 6% on strong June quarter show

The bank's standalone net profit rose 45.4 per cent to Rs 294.1 crore in Q1FY25, as opposed to Rs 202.4 crore in Q1FY24.

Shoppers Stop stock price falls 6% on weak June quarter results

The fall in the stock price came on the back of weak earnings in the June quarter of financial year 2025 (Q1FY25).

Wipro's stock slips ahead of Q1FY25 earnings; check what analysts expect

Wipro is expected to see a tepid June quarter with revenues estimated to slide on a year on year basis and net profits seeing a marginal rise

ITC gains 2% in weak market, nears record high; stock up 19% from June low

ITC rose 2% to Rs 479.35, quoting higher for the sixth straight trading day, and was 4% shy from its record high level of Rs 499.60 touched on July 24, 2023.

Rallis India's stock tanks 7% after sluggish June quarter; profit drops 24%

The agrochemical firm reported a 23.80 per cent year-on-year (YoY) decline in profit after tax (PAT) to Rs 48 crore for the quarter ending June 30, compared to Rs 63 crore in the same period

Sahaj Solar listing today: Shares make stellar debut, list at 90% premium

Sahaj Solar listing today: Sahaj Solar shares listed at Rs 342 on the NSE SME as against the issue price of Rs 180, yielding a return of Rs 162 per share for the investors

Nifty MidCap, SmallCap indices break 20-DMA support; can fall another 9%

In 2024 so far, the Nifty MidCap and SmallCap indices have slid to the 100-DMA in times of a market correction, show charts; check key levels here

Infosys stock best IT bet post Q1, say analysts; target price increased

This came after Infosys trumped street estimates in its financial performance for the first quarter of financial year 2024-25 (Q1FY25) while also giving higher growth guidance than expected for FY25