Page 1023 - Markets News
IRB Infrastructure share price soars 4% on robust May toll collection
The uptick in share price came on the back of strong toll revenue collection in May 2024
 "IRB Infrastructure share price soars 4% on robust May toll collection")
Soft US jobs data may push Gold to Rs 74000; check today's trading strategy
A soft US nonfarm payroll report will be positive for gold as it will increase the possibility of a rate cut happening as early as in July
 "Soft US jobs data may push Gold to Rs 74000; check today's trading strategy")
Insurers to invest more in private credit market: Moody's Ratings report
In a survey this week of the world's largest insurers, Moody's found that nearly 80% of respondents planned to increase their holdings in at least one class of private credit
 "Insurers to invest more in private credit market: Moody's Ratings report")
Silver outlook: Post ECB rate cut boost all eyes on US jobs data
Silver is expected to consolidate its gains ahead of the US nonfarm payroll report due Friday. Traders are expected to buy the dips, says Praveen Singh of Sharekhan by BNP Paribas.
 "Silver outlook: Post ECB rate cut boost all eyes on US jobs data")
Traders left stunned by surprise election results from India to Mexico
In India, exit polls drastically overestimated the size of victory for Modi's Bharatiya Janata Party
 "Traders left stunned by surprise election results from India to Mexico")
TBI Corn, IRB Infra, Mastek, Rites among seven stocks to watch on June 07
Stocks to watch on June 07: TBI Corn's initial public offering (IPO) is set to list on NSE SME on Friday, June 07, 2024
 "TBI Corn, IRB Infra, Mastek, Rites among seven stocks to watch on June 07")
Stocks to watch on June 07: Bajaj Fin, Wipro, ICICI Bank, PB Fintech, RVNL
Stocks to watch on June 07: Bajaj Finance's subsidiary, Bajaj Housing Finance, approved an IPO worth of Rs 4,000 crore
 "Stocks to watch on June 07: Bajaj Fin, Wipro, ICICI Bank, PB Fintech, RVNL")
Stock market guide for Jun 07: Nifty may open flat; RBI policy in focus
All you need to know before the market opens on Friday, June 07: Global markets traded with marginal gains. Shares of auto, bank and realty companies to be in focus owing to the RBI policy today.
 "Stock market guide for Jun 07: Nifty may open flat; RBI policy in focus")
Nifty IT rangebound, Auto in overbought zone; target, support levels here
The Nifty IT Index is currently trading at 34,023.80, displaying a range-bound pattern in the near term
 "Nifty IT rangebound, Auto in overbought zone; target, support levels here")
Copper, Crude Oil: Check key trading strategy, target price and more
On the daily chart, MCX Copper has been unable to sustain the breakout of its rising channel pattern and has moved down, forming a lower high, lower low pattern, indicating bearish sentiment
 "Copper, Crude Oil: Check key trading strategy, target price and more")
New government to boost infrastructure sector, but expect some hurdles
Core sector growth rose to 6.1 per cent YoY in Apr'24 over Apr'23, as every sector except fertilisers and cement saw strong growth
 "New government to boost infrastructure sector, but expect some hurdles")
Over $2 bn exodus: PEs, promoters swiftly reacted before poll verdict
Share sales hold breath for government clarity
 "Over $2 bn exodus: PEs, promoters swiftly reacted before poll verdict")
Electric vehicle portfolio to drive auto component maker Uno Minda growth
The management highlighted that the partnership will significantly expand Uno Minda's e-4W product portfolio, enabling it to effectively cater to the growing Indian EV market
 "Electric vehicle portfolio to drive auto component maker Uno Minda growth")
Naidu-linked firm Heritage Foods that raked in moolah on D-Street
Dairy firm with ties to TDP chief aiming for national brand status with Rs 6K cr revenue
 "Naidu-linked firm Heritage Foods that raked in moolah on D-Street")
Mkt regulator Sebi's warning to ICICI Bank over ICICI Securities delisting
Shareholders of the brokerage firm complained that bank officials sought screenshots and influenced them to vote in favour
 "Mkt regulator Sebi's warning to ICICI Bank over ICICI Securities delisting")
Rahul misleading investors out of frustration after defeat: Piyush Goyal
From Rs 67 trillion during UPA govt, India's market cap surged to Rs 415 trillion; domestic, retail investors benefitted most, Goyal said in a press conference
 "Rahul misleading investors out of frustration after defeat: Piyush Goyal")
Sebi asks KRAs to integrate systems with Central KYC Records Registry
In a circular, Sebi asked registered intermediaries to continue to upload or modify the KYC information with proper authentication on the systems of KRA
 "Sebi asks KRAs to integrate systems with Central KYC Records Registry")
Rahul seeks JPC probe into June 4 crash, calls it biggest stock market scam
Rahul Gandhi questioned why Prime Minister Narendra Modi, Home Minister Amit Shah, and Finance Minister Nirmala Sitharaman made remarks concerning the stock market
 "Rahul seeks JPC probe into June 4 crash, calls it biggest stock market scam")
Sebi to penalise stock exchanges for any lapses in surveillance
Under the new framework effective July 1, Sebi will impose penalties in case of surveillance-related lapses on stock exchanges, clearing corporations, and depositories
 "Sebi to penalise stock exchanges for any lapses in surveillance")
Stock Market Highlights: Indices stabilise after poll shocker; Mid, SmallCap indices add up to 3%
Stock Market Highlights on June 6: Among sectors, the Nifty Realty climbed 4.7 per cent, the Nifty PSU Bank 2.9 per cent, and the Nifty IT 2.8 per cent
 "Stock Market Highlights: Indices stabilise after poll shocker; Mid, SmallCap indices add up to 3%")