Page 969 - Markets News
YES Bank stock rallies 8% on Moody's rating upgrade to 'positive'
Moody's outlook revision was on expectation of a gradual improvement in YES Bank's depositor base and lending franchise, which will help improve its core profitability over the next 12-18 months.
 "YES Bank stock rallies 8% on Moody's rating upgrade to 'positive'")
Crude Oil remains in 'buy on dips' mode; US CPI inflation data eyed
US June CPI will be out tonight, and consensus is looking for a 0.2 percent monthly rise and 3.4 per cent annual gains in the crucial monthly core CPI reading.
 "Crude Oil remains in 'buy on dips' mode; US CPI inflation data eyed")
Zydus Lifesciences hits all time high on USFDA nod for multiple drugs
Shares of Zydus Lifesciences zoomed up to 1.93 per cent, hitting its all time high at Rs 1203.20 per share on the BSE in Thursday's intraday trade
 "Zydus Lifesciences hits all time high on USFDA nod for multiple drugs")
Satin Creditcare up 4% on securing 15 million euro debt funding from OeEB
The uptick in the share price came after the company announced that it has secured 15 million euro debt funding from Asutira's OeEB, to empower rural women entrepreneurs
 "Satin Creditcare up 4% on securing 15 million euro debt funding from OeEB")
TCS share price zooms ahead of Q1FY25 results; key things to watch
Tata Consultancy Services (TCS) shares were trading 1.79 per cent higher at Rs 3979.90 per share on the BSE in Thursday's intraday trade
 "TCS share price zooms ahead of Q1FY25 results; key things to watch")
Sula Vineyards stock price gains on highest ever Q1 revenue of Rs 130 crore
The uptick in the stock price came after the company said it has recorded its highest ever Q1 net revenue and own brands revenue
 "Sula Vineyards stock price gains on highest ever Q1 revenue of Rs 130 crore")
IRB Infrastructure jumps over 2% on strong June toll revenue growth
The uptick in the stock price came after the company announced a strong set of June toll revenue collections
 "IRB Infrastructure jumps over 2% on strong June toll revenue growth")
Ambuja Cements poised for highest volume growth: Nomura upgrades to 'Buy'
Japanese brokerage firm Nomura has upgraded India's second biggest cement company Ambuja Cements to Buy with a target price of Rs 780, an upside of 17 per cent
 "Ambuja Cements poised for highest volume growth: Nomura upgrades to 'Buy'")
Earnings likely to disappoint investors amid expensive market valuations
The earnings slowdown is caused in part by a severe heat wave, drawn-out election activity, and central bank curbs on unsecured loans
 "Earnings likely to disappoint investors amid expensive market valuations")
Sahaj Solar IPO opens today; check price band, GMP, other details here
The subscription for Sahaj Solar IPO closes on July 15, 2024. The price band for Sahaj Solar IPO is fixed at Rs 171 to Rs 180 per share
 "Sahaj Solar IPO opens today; check price band, GMP, other details here")
Top five things investors should watch out in TCS Q1FY25 results
Information Technology major, Tata Consultancy Services is set to deliver its financial performance on Thursday July 11, 2024 for the first quarter of fiscal year 2024-25 (Q1FY25)
 "Top five things investors should watch out in TCS Q1FY25 results")
Stocks to watch, July 11: YES Bank, Glenmark Pharma, Nykaa, SBI, Tata Elxsi
Stocks to watch, July 11: Global rating agency Moody's has revised its outlook on Indian private sector lender Yes Bank from "stable" to "positive"
Trading guide July 11: Global shares, GIFT Nifty hint positive open; TCS Q1
All you need to know before market opens on Thursday: The S&P 500 crossed 5,600-mark, Asian shares rallied up to 1% this morning; FIIs pared long holdings in index futures; Ambey Labs to list
 "Trading guide July 11: Global shares, GIFT Nifty hint positive open; TCS Q1")
Jigar S Patel of Anand Rathi recommends buying these three stocks today
Over the past few weeks, Aether has shown a consistent uptrend by forming higher highs and higher lows, which is a positive indicator of its market performance
 "Jigar S Patel of Anand Rathi recommends buying these three stocks today")
Profit booking on cards for Nifty Pharma, FMCG; check trading strategy
The Nifty Pharma Index is currently showing a bullish trend on the near-term charts but is approaching a significant resistance level around 20,850
 "Profit booking on cards for Nifty Pharma, FMCG; check trading strategy")
Stocks to buy and sell on July 11: India Cements, GMDC, Marico
Markets fluctuated sharply within a range and ended up losing nearly half a percent, wiping out the gains from Tuesday's session
 "Stocks to buy and sell on July 11: India Cements, GMDC, Marico")
Big players missing, corp bond issuances drop 36% in Apr-Jun period
HDFC's large fund raise stimulated the bond market, creating a momentum that continued into the subsequent months
 "Big players missing, corp bond issuances drop 36% in Apr-Jun period")
Ireland pips Mauritius to 4th spot on preferred FPI destinations list
Ireland takes the fourth spot with over Rs 4.41 trillion assets under custody
 "Ireland pips Mauritius to 4th spot on preferred FPI destinations list")
Milk price rise: Will dairy stocks milk gains for investors? Analysts weigh
Analysts believe the momentum in dairy stocks such as Dodla Dairy, Heritage Foods, Hatsun Agro is here to stay
 "Milk price rise: Will dairy stocks milk gains for investors? Analysts weigh")
Global gold ETFs lose $6.7bn in 2024; worst H1 drop in 11 years: WGC
WGC defines gold ETFs as regulated securities that hold gold in physical form. These include open-ended funds traded on regulated exchanges and other regulated products like closed-end funds and MFs
 "Global gold ETFs lose $6.7bn in 2024; worst H1 drop in 11 years: WGC")