Page 1027 - Markets News
Market outlook July 03: Gap-up open likely; Vraj Iron, Bank Nifty in focus
All you need to know before the Indian stock market opens for trade on Wednesday: Global markets signal positive cues; FIIs turn net sellers in cash and index futures.
 "Market outlook July 03: Gap-up open likely; Vraj Iron, Bank Nifty in focus")
Gold strategy on July 3: Support at Rs 71,300; Resistance at Rs 72,000
Spot gold rose slightly ahead of the US Fed Chair Powell's speech at the European Central Bank forum on central banking in Sintra, Portugal
 "Gold strategy on July 3: Support at Rs 71,300; Resistance at Rs 72,000")
Should investors book profits in Nifty PSU, Pvt Bank? Insight from charts
he Nifty PSU Bank Index is currently trading at 7,178.00. The near-term trend on the charts indicates a downward movement
 "Should investors book profits in Nifty PSU, Pvt Bank? Insight from charts")
Crude Oil, Copper: Check trading strategy, target price and more
Buy MCX July Crude Oil futures at Rs 6,950-7,000 with a stop loss of Rs 6,860 and a price target of Rs 7,250
 "Crude Oil, Copper: Check trading strategy, target price and more")
Sebi issues showcause notices to Hindenburg Research, five others
Alleges Hindenburg disclosures misleading
 "Sebi issues showcause notices to Hindenburg Research, five others")
Slower than expected pace of foreign inflows keep bond yields steady
Debt market witnessed Rs 3,370 crore inflows in two trading sessions following the inclusion of Indian bonds in JP Morgan's index
 "Slower than expected pace of foreign inflows keep bond yields steady")
Rising demand for room air-conditioners pushes up Voltas's stock
Distribution expansion, launches may perk up firm's showing
 "Rising demand for room air-conditioners pushes up Voltas's stock")
Robust production, new initiatives to drive growth for Coal India
NRS offtake may remain high, leading to higher blended realisation because power plants with FSA have sufficient supply
 "Robust production, new initiatives to drive growth for Coal India")
Trading turnover climbs to new record highs in June, shows data
The ADTV for the cash segment rose 38 per cent month-on-month (MoM) to Rs 1.65 trillion, surpassing the previous record high of Rs 1.28 in February
 "Trading turnover climbs to new record highs in June, shows data")
'Discount broking space getting overcrowded; Sensex can hit 100,000'
Globally, growing number of parliamentarians are worried about legitimised gambling via stock exchanges which has social and financial implications, said CJ George, founder & MD, Geojit Financial
 "'Discount broking space getting overcrowded; Sensex can hit 100,000'")
Broking stocks slide on Sebi pivot; exchanges, depositories feel the heat
The worst impact is seen on discount brokerages that currently pocket a neat spread between what they charge their end-clients and what they pay the exchanges as charges
 "Broking stocks slide on Sebi pivot; exchanges, depositories feel the heat")
Zerodha expects end of zero brokerage business model after new fee rules
The new fee structure, which kicks in from October, has a significant impact on brokers, traders and investors, Nithin Kamath, CEO and co-founder of Zerodha, said on social media platform X
 "Zerodha expects end of zero brokerage business model after new fee rules")
Kotak Mutual Fund lifts investment restrictions in its smallcap fund
Kotak MF said the earnings growth of smallcaps is expected to improve
 "Kotak Mutual Fund lifts investment restrictions in its smallcap fund")
Groww Asset Management, trustee settle case with Sebi; pay Rs 9 lakh
This came after the applicants proposed to settle the alleged violation by "neither admitting nor denying the findings of fact"
 "Groww Asset Management, trustee settle case with Sebi; pay Rs 9 lakh")
Eight states raise Rs 14,092 crore via state bonds at weekly auction
The yield spread between the 10-year government bond and state bonds stood between 34 basis points and 38 basis points
 "Eight states raise Rs 14,092 crore via state bonds at weekly auction")
Wall Street maps out what a Trump election win would mean for bond market
Buy-side investors like Jack McIntyre, a portfolio manager at Brandywine Global Investment Management, are increasingly taking note.
 "Wall Street maps out what a Trump election win would mean for bond market")
Sebi mandates email as default mode for dispatching CAS by depositories
The new framework will come into force from April 1, the Securities and Exchange Board of India (Sebi) said in a circular
Stock Market Highlights, July 02: Sensex, Nifty end marginally in red; Infy, L&T shine
Stock Market highlights on Tuesday, July 02, 2024: The BSE Sensex ended 35 points lower at 79,441, after hitting a record high of 79,856. Bank and midcap stocks crumbled under selling pressure.
 "Stock Market Highlights, July 02: Sensex, Nifty end marginally in red; Infy, L&T shine")
US treasury yields boost dollar, leave Japan's yen dazed at 38-year low
On Tuesday, the yield on the 10-year note was down 2 basis points on the day at 4.4554%, around its highest since the start of the month
 "US treasury yields boost dollar, leave Japan's yen dazed at 38-year low")
Banks under pressure; ICICI, IndusInd, BOB, IDFC First down up to 3%
ICICI Bank, IndusInd Bank, IDFC First Bank, Bandhan Bank and Federal Bank from the private sector and Bank of Baroda PNB and SBI from the public sector slipped in the range of 1 per cent to 3 per cent
 "Banks under pressure; ICICI, IndusInd, BOB, IDFC First down up to 3%")