Page 971 - Markets News
HG Infra stock price up 7% on inking MoU with Ultra Vibrant Solar Energy
The uptick in the stock price came after the company announced that it has signed a Memorandum of Understanding (MoU) with Ultra Vibrant Solar Energy
 "HG Infra stock price up 7% on inking MoU with Ultra Vibrant Solar Energy")
Govt bond yields marginally lower; US Fed chief Powell's speech eyed
Powell's testimony before the Senate on Tuesday and the House on Wednesday could give investors more clues on the likely direction of rates
 "Govt bond yields marginally lower; US Fed chief Powell's speech eyed")
RateGain signs multi-year contract with Malaysia Airlines; stock up 6%
The upward movement in the stock came after RateGain announced that it has been selected for a multi-year partnership by Malaysia Airlines Berhad (Malaysia Airlines)
 "RateGain signs multi-year contract with Malaysia Airlines; stock up 6%")
Pitti Engineering hits 52-week high on robust FY24 profits, up 55% YoY
Shares of Pitti Engineering surged up to 4.3 per cent at Rs 1205.75 per share on the BSE in Tuesday's intraday trade
 "Pitti Engineering hits 52-week high on robust FY24 profits, up 55% YoY")
Godrej Industries shares zoom after promoters buy stake worth Rs 3,800 cr
Shares of Godrej Industries soared up to 3.2 per cent at Rs 928 per share on the BSE in Tuesday's early morning deals
 "Godrej Industries shares zoom after promoters buy stake worth Rs 3,800 cr")
Power shares in demand; Adani, Torrent, CESC rally up to 10% on July 9
Analysts expects the new power minister to continue focusing on infrastructure upgrades, transformer replacements and improving the financial condition of power discoms
 "Power shares in demand; Adani, Torrent, CESC rally up to 10% on July 9")
Torrent Power up 5% on pact with ARS, TU14 for solar projects in Tamil Nadu
The rise in the stock price came after Torrent Power entered into a deal with ARS Steels & Alloy International and Torrent Urja 14 for setting up 50 MWp solar projects in Tamil Nadu (TN)
 "Torrent Power up 5% on pact with ARS, TU14 for solar projects in Tamil Nadu")
KPI Green extends rally on inking hybrid power purchase deal with GUVNL
Notably, the stock has risen 7 per cent in two trading sessions following the deal announcement on Friday, July 5, 2024
 "KPI Green extends rally on inking hybrid power purchase deal with GUVNL")
Swan Energy's shares locked in upper circuit twice in two days; here's why
Shares of Swan Energy got locked in the 5 per cent upper circuit at Rs 727.20 per share on the NSE in Tuesday's early morning deals
 "Swan Energy's shares locked in upper circuit twice in two days; here's why")
LT Foods, KRBL, Kohinoor: Rice stocks zoom up to 15% on Tuesday; here's why
Rice export curb: According to reports, the government may consider scrapping a 20 per cent tax on parboiled rice exports
 "LT Foods, KRBL, Kohinoor: Rice stocks zoom up to 15% on Tuesday; here's why")
Asian shares edge higher, markets hope for dovish stance from Powell
Chinese blue chips edged up 0.1%, while Hong Kong's Hang Seng index was flat
 "Asian shares edge higher, markets hope for dovish stance from Powell")
Crude Oil prices may decline further, test $80-mark; China demand a concern
Weakness in crude demand in China, the world's second-largest crude consumer, is bearish for oil prices, said analyst at Sharekhan by BNP Paribas.
 "Crude Oil prices may decline further, test $80-mark; China demand a concern")
Citi initiates coverage on Affle with 'Buy', sees 20% upside; stock up 6%
Affle (India) share price zoomed as much as 6.68 per cent to hit a fresh 52-week high of Rs 1,461 after Citi's 'Buy' call. In comparison, BSE Sensex was trading 0.24 per cent higher at 80,155.59
 "Citi initiates coverage on Affle with 'Buy', sees 20% upside; stock up 6%")
Maruti, TaMo, M&M: How to trade auto stocks post UP govt hybrid car offer
Auto stocks in focus: Maruti down 6 per cent in last 2 months; trading strategies for Maruti, Tata Motors and M&M as UP government waives-off registration fee on hybrid cars.
 "Maruti, TaMo, M&M: How to trade auto stocks post UP govt hybrid car offer")
Market outlook July 09: Positive start likely; Nifty key levels to watch
All you need to know before market open for trade on Tuesday: Key levels to watch on the Nifty and Bank Nifty as Asian shares trade firm; Emcure Pharma to list today; 8 stocks in F&O ban.
 "Market outlook July 09: Positive start likely; Nifty key levels to watch")
Stocks to watch, July 9: Dixon Tech, Swan Energy, Bajaj Finserv, Senco Gold
Stocks to watch on July 9: Three Blackrock affiliates acquired a stake worth Rs 304 crore in Swan Energy through open market transactions on Monday
 "Stocks to watch, July 9: Dixon Tech, Swan Energy, Bajaj Finserv, Senco Gold")
Nifty Fin Svcs eyes breakout, PSU Banks attractive on dips; key levels here
The Nifty Financial Services Index is currently trading at 23,586.75 and is showing a range-bound pattern on the charts
 "Nifty Fin Svcs eyes breakout, PSU Banks attractive on dips; key levels here")
Hind Copper, Siemens: Top picks by Jatin Gedia of ShareKhan for July 9
Hindustan Copper was trading in a downward sloping channel and has now provided a breakout
 "Hind Copper, Siemens: Top picks by Jatin Gedia of ShareKhan for July 9")
Results preview: India Inc's Q1 FY25 show likely to remain muted
Top line, bottom line growth may be at multi-quarter low
 "Results preview: India Inc's Q1 FY25 show likely to remain muted")
Valuations frothy? Profit and market cap moved in sync in 5 years
Analysts: upside in the markets from here will be driven by earnings growth
 "Valuations frothy? Profit and market cap moved in sync in 5 years")