Page 944 - Markets News
RVNL up 3% on Rs 739 crore-order win; to announce Q1FY25 results on Aug 8
The rise in the stock price came after the company announced that it has secured an order from Himachal Pradesh State Electricity Board limited (HPSEBL).
 "RVNL up 3% on Rs 739 crore-order win; to announce Q1FY25 results on Aug 8")
UBS downgrades BEL stock to 'Neutral' after Q1FY25 results; Here is why
BEL has experienced a significant 145 per cent stock rally over the past 12 months, largely driven by a 70 per cent increase in order intake in FY24 compared to management guidance
 "UBS downgrades BEL stock to 'Neutral' after Q1FY25 results; Here is why")
M&M Q1 Preview: Analysts eye strong revenue growth; Ebitda to rise upto 23%
Most of the brokerages expect M&M's profit to fall up to 15 per cent in Q1FY25.
 "M&M Q1 Preview: Analysts eye strong revenue growth; Ebitda to rise upto 23%")
NTPC stock soars 5%, market-cap crosses Rs 4 trillion; here's why
At 10:03 am; with Rs 3.96 trillion market cap NTPC stock was trading 3.6 per cent higher at Rs 408 on the BSE.
 "NTPC stock soars 5%, market-cap crosses Rs 4 trillion; here's why")
Akums Drugs IPO opens today: GMP up; should you bid? Check brokerage calls
The three-day subscription window of the Akums Drugs & Pharmaceuticals IPO opens today. Should You Subscribe to the public issue? Here's what brokerages recommend
 "Akums Drugs IPO opens today: GMP up; should you bid? Check brokerage calls")
What's moving the Sensex on Tuesday? NTPC, Power Grid, TCS, ICICI Bank
NTPC, Power Grid contributed over 100 points to the BES Sensex so far; while, heavyweights HDFC Bank, Reliance and ICICI Bank were the chief laggards.
 "What's moving the Sensex on Tuesday? NTPC, Power Grid, TCS, ICICI Bank")
This Candlestick Pattern suggests Nifty may consolidate in the near-term
The Nifty has declined up to 7 per cent in the recent past instances after formation of the Bearish Counterattack Candlestick Pattern on the daily scale, shows technical chart.
 "This Candlestick Pattern suggests Nifty may consolidate in the near-term")
Maruti Suzuki Q1 Preview: Profit may jump up to 37% YoY, revenue around 9%
Maruti Suzuki Q1 2024 results: Investors will eye margin trajectory amid commodity pressures, elevated discounting.
 "Maruti Suzuki Q1 Preview: Profit may jump up to 37% YoY, revenue around 9%")
Stocks to Watch Today, July 30: Tata Steel, GAIL, RVNL, HPCL, PNB Housing
Stocks to watch today, July 30, 2024: GIFT Nifty indicates a lacklustre start for the benchmark equity indices on Tuesday. Here are buzzing stocks to watch during today's trading session
 "Stocks to Watch Today, July 30: Tata Steel, GAIL, RVNL, HPCL, PNB Housing")
New IPOs, listings, GIFT Nifty: All you need to know about markets today
All you need to know before market opens today: Technically, Nifty formed a small bearish candle on daily scale, but trend remains up. Support seen at 24,770 and 24,600, says analyst at Asit C. Mehta.
 "New IPOs, listings, GIFT Nifty: All you need to know about markets today")
Jigar S Patel of Anand Rathi recommends buying these three stocks today
Recently, PNB has found a support level, forming a bottom around the Rs 114-116 range. This suggests that stock has likely reached a point where selling pressure is reducing & buyers are stepping in.
 "Jigar S Patel of Anand Rathi recommends buying these three stocks today")
Nifty Fin Services in corrective phase, PSU Banks rangebound; details here
The Nifty Financial Services Index currently shows a downward trend on the charts. Key support levels are anticipated at 23,080, 22,800, and 22,550.
 "Nifty Fin Services in corrective phase, PSU Banks rangebound; details here")
Tata Chemicals, BoB: Top picks by Jatin Gedia of ShareKhan for July 30
The Tata Chemicals stock has found support at the zone of Rs 1,030 - 1,040 which coincides with the 61.82 per cent fibonacci retracement level of the previous rise.
 "Tata Chemicals, BoB: Top picks by Jatin Gedia of ShareKhan for July 30")
BluPine Energy secures Rs 239 cr financial assistance from Tata Capital
The 75 megawatt project is expected to generate nearly 117 million units (MUs) of energy annually and offset more than 107,000 tonne of carbon dioxide emissions
 "BluPine Energy secures Rs 239 cr financial assistance from Tata Capital")
Strong order flows and margins to drive gains for Kaynes Technology
JM Financial Research expects the company to maintain its growth momentum due to a strong product mix and focus on adding high-margin segments
 "Strong order flows and margins to drive gains for Kaynes Technology")
Sebi launches chatbot SEVA, Prudent AUM crosses Rs 1 trillion, and more
One of the largest mutual fund (MF) distributors Prudent Corporate Advisory on Monday informed exchanges that its total MF assets under management (AUM) has crossed Rs 1 trillion
 "Sebi launches chatbot SEVA, Prudent AUM crosses Rs 1 trillion, and more")
Why did IndiGo share price fall 5% post Q1 2024-25 results? Read here
IndiGo share price target: Brokerages have mixed rating on IndiGo stock with ICICI Securities maintaining 'Buy' (unchanged target price of Rs 5,265)
 "Why did IndiGo share price fall 5% post Q1 2024-25 results? Read here")
Power company CESC acquires 64% stake in Purvah Green Power for Rs 205 cr
Power company CESC Ltd on Monday said it has acquired 63.91 per cent equity shares in Purvah Green Power for Rs 205 crore.
 "Power company CESC acquires 64% stake in Purvah Green Power for Rs 205 cr")
ICICI Bank share price target: Stock should re-rate post Q1, say analysts
ICICI Bank share price today: Shares of ICICI Bank rose 2.8 per cent to an intraday high of Rs 1,242.45 per share
 "ICICI Bank share price target: Stock should re-rate post Q1, say analysts")
Market regulator Sebi plans to widen net to curb insider trading
The market regulator has suggested changes in the definition of "connected persons" and "relative" to address any gaps in the norms and possible violations