Page 1050 - Markets News
Block deal: Mamaearth slides 5% after 6.6 mn shares change hands
Shares of Honasa Consumer, parent company of Mamaearth dropped by 4.8 per cent at Rs 435.05 per share on the BSE in Tuesday's early morning trades
 "Block deal: Mamaearth slides 5% after 6.6 mn shares change hands")
Tata Chemicals share price jumps 3% after ANSAC raises soda ash prices
Shares of Tata Chemicals soared by 3.1 per cent at Rs 1,120 per share on the BSE in Tuesday's intraday trade
 "Tata Chemicals share price jumps 3% after ANSAC raises soda ash prices")
Repco Home shares drop over 2% on CFO resignation; up 28% in 3 months
The fall came after the company announced that K Lakshmi tendered her resignation as chief financial officer (CFO)
 "Repco Home shares drop over 2% on CFO resignation; up 28% in 3 months")
This infra stock has zoomed over 100% in 1 year; Elara sees more upside
Hindustan Construction Company rallied 15% to Rs 45.62 amid heavy volumes as Elara Capital initiated coverage on the stock with a 'Buy' rating
 "This infra stock has zoomed over 100% in 1 year; Elara sees more upside")
Paytm, Zomato: Key levels to track on new-age stocks amid F&O entry buzz
New-age stocks such as PolicyBazaar, Nykaa and Delhivery too may be included in the F&O segment as Sebi proposes key changes in stock selection.
 "Paytm, Zomato: Key levels to track on new-age stocks amid F&O entry buzz")
Stable govt, policy continuity, Budget: Why Nomura is positive on India
The confidence stems from the NDA government taking charge at the Centre which, Nomura believes, appears to be stable, primarily due to the major number of seats held by BJP in the coalition govt
 "Stable govt, policy continuity, Budget: Why Nomura is positive on India")
CBI searches PNC Infra offices, summons MD Yogesh Jain; stock slips 10%
ICICI Securities believe there could be an interim overhang until there is clarity and final decision from NHAI is taken.
 "CBI searches PNC Infra offices, summons MD Yogesh Jain; stock slips 10%")
JBM Auto rallies 4% on inking pact with MUON India for 2,000 electric buses
Macquarie Group has rolled out 'Vertelo,' an EV financing platform in India, offering financing, fleet management, and charging infrastructure solutions
 "JBM Auto rallies 4% on inking pact with MUON India for 2,000 electric buses")
IRB Infra block deal: Stock drops 9% after over 600 mn shares change hands
Reports suggested Cintra, a toll road subsidiary of the Dutch major Ferrovial, was looking to sell up to 5 per cent stake in IRB Infrastructire Developer
 "IRB Infra block deal: Stock drops 9% after over 600 mn shares change hands")
This defense stock soared 114% in last six months, rallied 214% in one year
Shares of PTC Industries, an Indian defense manufacturing company rose 5.2 per cent at Rs 11,753.95 per share on the BSE in Tuesday's early morning trades
 "This defense stock soared 114% in last six months, rallied 214% in one year")
Govt bond yields little changed ahead of US inflation data, Fed meet
India consumer inflation likely snapped a four-month downward trend in May due to rapidly rising food costs
 "Govt bond yields little changed ahead of US inflation data, Fed meet")
Crude oil strategy for June 11: Trend remains weak, WTI eyes support at $76
Oil prices are moving higher after posting three straight weekly declines following Opec+ decision on June 2
 "Crude oil strategy for June 11: Trend remains weak, WTI eyes support at $76")
RVNL share price surge 3% on multiple order wins; up 52% in 3 months
The uptick in share price came after the state-owned railway company secured multiple orders on June 10, after market hours
 "RVNL share price surge 3% on multiple order wins; up 52% in 3 months")
These 3 F&O stocks have seen up to 35% long buildup; trading guide here
In the last four days, one out of every 3 futures & options stocks has gained more than 10 per cent as the Nifty surged 6.3 per cent in the post Lok Sabha 2024 verdict cheer.
 "These 3 F&O stocks have seen up to 35% long buildup; trading guide here")
Stocks to Watch, June 11: IndiGo, Siemens India, PTC Industries, APL Apollo
Stocks to Watch today: Rahul Bhatia's promoter entity, InterGlobe Enterprises, is expected to off load around 2 per cent stake in IndiGo Airlines through a block deal on Tuesday
 "Stocks to Watch, June 11: IndiGo, Siemens India, PTC Industries, APL Apollo")
Buzzing: IRB Infra block deal, Vi Board meet, RVNL, Raymond order win
Stocks to Watch on Tuesday, June 11, 2024: Domino's, a franchise of Jubilant FoodWorks, opened its 2000th store in the country on Monday
Will the stock market rise or fall on Tuesday? Here's all you need to know
Stock market guide for June 11, Tuesday: Global shares exhibit mixed trend a day ahead of the US Fed meet; Gift Nifty hints at a subdued start to the trading action on the Nifty 50 index.
 "Will the stock market rise or fall on Tuesday? Here's all you need to know")
Nifty PSU Bank bearish, Fin Svcs rangebound on charts; here's how to trade
The Nifty PSU Banks Index is currently showing signs of potential underperformance, making a bearish trading strategy favourable in the near term
 "Nifty PSU Bank bearish, Fin Svcs rangebound on charts; here's how to trade")
Buy ideas for June 11: Apollo Hospitals, Infy, Divi's Labs; key levels here
On the daily chart, Apollo Hospitals has formed a double bottom pattern at the 200-day Exponential Moving Average (DEMA), which is considered a strong support level
 "Buy ideas for June 11: Apollo Hospitals, Infy, Divi's Labs; key levels here")
Buy & Sell: Top picks by Sharekhan for June 11; check key levels here
Jubilant FoodWorks stock is likely to test the previous swing high of Rs 543, and can extend towards Rs 549 from a short-term perspective. A stop loss of Rs 507 should be kept for the long positions
 "Buy & Sell: Top picks by Sharekhan for June 11; check key levels here")