Page 2236 - Markets News

ITC, HDFC Bank, and 62 other stocks face stiff resistance at 200-DMA

The 200-DMA is acting as a major hurdle for major stocks like ACC Ltd, Adani Ports, and Asian Paints, among others

RIL hits new high on closing deals with 4 investors; m-cap above Rs 12 trn

Altogether, Reliance Industries has sold 25.24 per cent stake in Jio Platforms Ltd and raised over Rs 1.18 trillion in the process

Omaxe hits 11-year low despite clarification, tanks 66% in 12 days

The stock was locked in lower circuit for 12th straight trading day

Avenue Supermarts dips 6% post Q1 nos; Analysts cut target price up to 34%

The quarter, which was nearly washed-out due to the nationwide lockdown imposed to stem the spread of coronavirus, saw the company's profit after tax margin sliding to 1%, compared to 5.5% in Q1FY20

YES Bank declines for second straight day, slips 17% on heavy volumes

The bank on Friday fixed floor price for its FPO at Rs 12 per share and a cap of Rs 13 per unit

Clariant Chemicals up 18%, hits 52-wk high on special dividend of Rs 140/sh

The company has fixed July 18, 2020 as the record date for the purpose of payment of special interim dividend

Nifty topline may dip up to 25% YoY; banks, telecom, agrochem silver lining

In IT services, one can expect a sequential revenue decline of 5-10 per cent due to demand compression from direct hit verticals and supply-side factors.

Biocon hits new high on DGCI nod to market Itolizumab for Covid treatment

Itolizumab will be manufactured and formulated as an intravenous injection at Biocon's bio-manufacturing facility at Biocon Park, Bengaluru

Stocks to watch: RIL, Avenue Supermarts, Biocon, SAIL, IRCTC, IRCON, Infy

Here's a list of stocks that may remain in focus today

Stock picks by Vaishali Parekh: Buy Hindustan Unilever, Divis Labs

The stock of Divis Labs has witnessed some correction and has showed signs of bottoming out near 2140 levels. The RSI is showing a trend reversal from the oversold zone to signal a buy

Market Ahead, July 13: Top factors that could guide markets this week

The Indian markets are likely to open higher today as indicated by the SGX Nifty which was trading around 10,830 levels, up 45 points around 7:20 AM

Equity seems to be losing its charm as long-term returns disappoint

Gold, fixed income do well; Nifty50 stocks do not compensate for extra risk

Commodity picks: 13 July, 2020

Barley prices in Jaipur are trading at Rs 1,416 per quintal. Mustard seed is trading at Rs 4,900 per quintal

Back in vogue: Banks, financial services stocks lead market recovery

Market participants are hopeful the asset quality deterioration of banks and NBFCs would not be to the extent expected earlier, and that the lending books may recover fast enough

India's share in world market capitalisation slips amid Covid-19 crisis

Experts say the reason for the dip in India's market share is largely the increase in the share of the world's two biggest stock markets and economies

Markets have factored in the worst-ever quarterly numbers: Sunil Singhania

Global central banks have used the balance-sheet expansion mode to tide over the near-term economic stress because of the Covid-19 pandemic

Street signs: YES Bank SLB activity spurts, Rossari Biotech stock, and more

Market players said savvy traders are shorting YES Bank shares, given the steep discount between the current and the FPO prices

Defence PSUs can deliver good returns to investors, shield portfolio

The debt-free status is positive; robust order book and execution will drive earnings

Earnings, macro data, global cues to dictate market trend, say analysts

Retail inflation data will be announced on Monday, followed by WPI inflation numbers on Tuesday

Gold ETFs attract Rs 3,500 cr in first half of 2020 amid safe-haven buying

Gold exchange-traded funds saw hefty net inflows of over Rs 3,500 crore in the first six months of this year as investors continued to hedge their exposure to riskier assets amid the Covid-19 crisis