Page 50 - Stock Market Today

Dream debut: Shares of EMS provider Cyient DLM gain 59% on Day 1

Cyient DLM's key clients include Honeywell International, ABB, and Bharat Electronics

After strong Q1 performance, outlook remains robust for Titan Company

But valuations rich after the run-up in the last three months

Valuations factor in bright prospects for BHEL; order book on positive side

Management guidance was that demand for coal-based thermal power has picked up due to higher demand for power

Nifty50 gains for eighth consecutive trading session, up 99 points

The Sensex last closed at 65,786, up 340 points, or 0.5 per cent

New launches power Hero, Bajaj Auto stocks into gains, Eicher drags

The price point of the new bikes is similar to RE's top-selling Classic 350 but have more power and torque

Street gives thumbs up to Bajaj Finance's strong Q1 biz update, stock up 7%

Though most analysts are bullish on the stock, their average target price indicates that near-term positives are well captured

Demand revival hopes, lower costs driving optimism for UltraTech Cement

While India's largest cement maker is adding capacities to gain market-share, margins are also seen improving

A crystal-ball gaze into second half of calendar 2023's fortunes

HEARD ON THE STREET: Persist, pivot or pause? All eyes on Fed and central banks as brokerages turn market psychics

$7.5 bn derivative trade shifts to India as SGX feud comes to end

SGX Nifty, the Singapore Exchange Ltd.-traded futures on India's key equity NSE Nifty 50 Index, will be known as GIFT Nifty from July 3, and all outstanding orders will be transferred to the GIFT City

Aditya Birla AIF mops up Rs 893 cr commitment; NDR files for Rs 1k-cr InvIT

Aditya Birla Sun Life Mutual Fund garnered a commitment of Rs 893 crore for its India Equity Services Fund

Sprint to a marathon: Longest monthly winning run for MKTS since Oct 2021

Domestic inflows since March have been relatively unassuming, at Rs 28,000 crore

Power Grid stock may be fully pricing in near-term growth prospects

The company is a steady performer with good dividend yield (payout was Rs 14.75 in FY23, same as FY22)

HDFC twins shine: Banking counters stay buoyed up, Sensex up 446 points

The National Stock Exchange Nifty50 gained 126 points, or 0.7 per cent, to close at 18,817

Stock market holiday for Bakri Eid shifted to Thursday instead of Wednesday

The rescheduling of the holiday led to changes to the timelines for derivatives expiry as well as initial public offerings

HAL's prospects are brighter than ever; board announces stock split

But stock appears to have fully priced in the near-term gains

Apollo Tyres: Valuations reflect positives, margin expansion a key trigger

The stock is trading at 16 times its estimated FY25 consolidated earnings per share

Shriram Finance's long-term prospects intact as merger synergies play out

With one-off costs behind it, performance of NBFC should improve as merger synergies play out

Motorcycle to commercial vehicles: Eicher Motors stock cruising smoothly

Business prospects appear good, but the expected launch of Bajaj Auto's line of Triumph bikes could challenge Royal Enfield's dominance

Blue Dart stock flying high on better business prospects, improving volumes

Improving volumes, lower ATF prices have boosted sentiment

Proposal to remove non-F&O stock from Nifty Next 50 index put on hold

If the number of index constituents is less than 50, stocks from the Nifty MidCap 50 Index will be considered