Page 1010 - Markets News
HUL Q1 preview: FMCG major may see volume-led growth in June quarter
Earlier this week, Hindustan Unilever approved the sale of its water purification business to AO Smith India for an Enterprise Value (EV) of Rs 601 crore or $72 million.
 "HUL Q1 preview: FMCG major may see volume-led growth in June quarter")
Asia stocks dip as geopolitical uncertainty adds headwinds fro investors
MSCI's broadest index of Asia-Pacific shares outside Japan slid 0.1 per cent and was headed for its worst week in over a month with a 2.4 per cent loss
 "Asia stocks dip as geopolitical uncertainty adds headwinds fro investors")
India in early stages of equity cult; budget eyed for populism: Chris Wood
Capital gains tax rate change in the Budget 2024 on July 23 can trigger a bigger correction than seen post Lok Sabha election outcome, Wood said
 "India in early stages of equity cult; budget eyed for populism: Chris Wood")
Stocks to watch, July 19: Infosys, RIL, Vi, LTTS, Tata Consumer, DRL, CEAT
At 6:36 AM, GIFT Nifty futures were up 19 points, trading at 24,828.50 levels, indicating a higher start for the day.
 "Stocks to watch, July 19: Infosys, RIL, Vi, LTTS, Tata Consumer, DRL, CEAT")
Market outlook July 19: Nifty eyes 25,000, but global mood down; key levels
All you need to know before market opens on Friday: Analysts believe the trend to remain bullish as long as Nifty holds 24,500; Infy in focus post better-than-expected Q1 results. Sahaj Solar to debut
 "Market outlook July 19: Nifty eyes 25,000, but global mood down; key levels")
Nifty FMCG in overbought zone; should you lock gains to skip downside?
The Nifty FMCG Index is currently in an overbought zone on the charts, despite the overall bullish trend
 "Nifty FMCG in overbought zone; should you lock gains to skip downside?")
Bull spread on Nifty Financial, recommends Nandish Shah of HDFC Securities
Nifty Financial has broken out on the daily chart, where it closes at highest level since 04-July-2024.
 "Bull spread on Nifty Financial, recommends Nandish Shah of HDFC Securities")
Are global financial markets ready for Trump trade? What analysts say
As a sign of continuity at the US Federal Reserve (US Fed), however, Trump, reports suggest, wants Jerome Powell to continue till his term ends
 "Are global financial markets ready for Trump trade? What analysts say")
Domestic brokerage Prabhudas Lilladher ups Nifty target to 26,398
Some of the tailwinds identified by the brokerage are a normal monsoon and stable global commodity prices helping tame inflation and boost rural demand
 "Domestic brokerage Prabhudas Lilladher ups Nifty target to 26,398")
Tech stock rally drives mkts to fresh highs; Nifty a whisker away from 25K
The Sensex closed at 81,343, with a gain of 627 points, or 0.8 per cent. From the intra-day lows, the index climbed nearly 1,000 points
 "Tech stock rally drives mkts to fresh highs; Nifty a whisker away from 25K")
Former Alibaba India head, 9Unicorn partner launch Rs 1,000 cr fund
Both Bahl and Avlani have been involved in investing and managing large portfolios, which includes brands such as Swiggy, Paytm, BigBasket, XpressBees, TaxiForSure, VideoVerse, and PharmEasy
 "Former Alibaba India head, 9Unicorn partner launch Rs 1,000 cr fund")
Pricing, unfavourable product mix likely to hit Asian Paints stocks
Some brokerages have reduced target prices after muted Q1 showing
 "Pricing, unfavourable product mix likely to hit Asian Paints stocks")
Vedanta's QIP receives bids for Rs 23,000 cr against offer of Rs 8,000 cr
QIP or qualified institutions placement, which is likely to close on Friday, will enable the company to deleverage its balance sheet and fund growth projects
 "Vedanta's QIP receives bids for Rs 23,000 cr against offer of Rs 8,000 cr")
Market Highlights, July 18: IT stocks drive benchmarks to record; Sensex tops 81k, Nifty at 24,800
Stock Market Highlights, today, July 18, 2024: The Sensex index ended at 81,343, up 627 points, while Nifty ended at 24,801, up 188 points
 "Market Highlights, July 18: IT stocks drive benchmarks to record; Sensex tops 81k, Nifty at 24,800")
Defence, rail shares under pressure; HAL, Siemens, ABB down up to 7%
Defence, railways stocks in focus: In the past one month, most of these stocks had hit their respective record highs
 "Defence, rail shares under pressure; HAL, Siemens, ABB down up to 7%")
Mastek shares drop 4% after margins, profits slide in Q1FY25 results
Shares of Mastek fell as much as 4.4 per cent at Rs 2,693 per share on the BSE in Thursday's intraday deals
 "Mastek shares drop 4% after margins, profits slide in Q1FY25 results")
This Dolly Khanna-owned stock has dipped 24% in July thus far
Shares of Tinna Rubber and Infrastructure were locked in the 5 per cent lower circuit at Rs 1,658.85 in Thursday's intra-day deals on the BSE.
 "This Dolly Khanna-owned stock has dipped 24% in July thus far")
Newgen Software stock price falls 7% on weak June quarter results
The fall in the stock price came after the company announced a weak set of June quarter results (Q1FY25).
 "Newgen Software stock price falls 7% on weak June quarter results")
Infosys hits 52-week high ahead of Q1 results; check what street expects
Shares of Infosys, the second biggest domestic information technology (IT) company soared up to 1.90 per cent, hitting their 52-week high at Rs 1,758.60 per share on the BSE
 "Infosys hits 52-week high ahead of Q1 results; check what street expects")
MapmyIndia share's 11% fall today has links with Google Maps. Explained
MapmyIndia shares fall 11% today: According to reports, Google has announced its decision to slash the pricing of Google Maps Platform by as much as 70 per cent from August 1, 2024
 "MapmyIndia share's 11% fall today has links with Google Maps. Explained")