All that happened in the markets today
Panacea Biotec, Nectar Lifesciences, and Vimta Labs, too, were frozen at 20 per cent upper circuit on the BSE.
The Wall Street bank sees downside risks in agricultural and energy markets, citing the recent strength as surprising given the massive inventory overhangs and depressed demand
Thus far in the month of June, it has rallied 8 per cent, as compared to 7 per cent rise in the S&P BSE Sensex
The stock of Gujarat Pipavav had hit a 52-week high of Rs 99.30 on February 6, 2020, while its 52-week low stands at Rs 45.50, touched on March 24 this year.
Major stocks are facing resistance at a 100-day moving average (DMA).
The stock is trading close to its 52-week high level of Rs 210.60, touched on April 28, 2020
ICICI Securities downgraded the stock from 'Add' to 'Hold' with the revised target price of Rs 2,386
Jubilant Life Sciences reported 92 per cent year on year (YoY) jump in normalised profit after tax at Rs 260 crore in Q4FY20. Ebitda margin also improved to 23.7 per cent from 16.3 per cent in Q4FY19.
ICICI Securities downgraded the stock from 'Add' to 'Hold' with the revised target price of Rs 2,386
Here's a look at the top stocks that may remain in focus today
The SGX Nifty is indicating an open at around 10,100 mark for the broader index
Looking at the strong setup on the medium term charts, it would be advisable to buy Nifty around 9,900, for the upside target of 10,300.
So far this year, only seven companies, looking to raise less than Rs 6,500 crore, have filed their DRHPs
Of the 685 stocks from the smallcap index, more than half or 429 stocks beat the index by gaining over 16 per cent during the period.
The markets regulator said firms with average market capitalisation of Rs 500 crore will now be eligible to bring out an FPO under the fast track record
The move comes a day after the National Stock Exchange announced that it would discontinue NOW trading platform from mid-September
Fund house confirms the e-voting process to remain suspended till further notice
Dollar assets also make sense if you are planning to settle abroad
Margins to get better once supplies start from expanded capacities next year