Page 126 - Bse Nse
Charts indicate temporary pause for D-Street bulls; support at 24,000 mark
From a technical perspective, it is worth noting that Nifty has formed a 'Shooting Star' on a weekly time and a 'Bearish Engulfing' on a daily time frame at record highs
 "Charts indicate temporary pause for D-Street bulls; support at 24,000 mark")
DMart, HUL: Top picks by Osho Krishan of Angel One for July 22
DMart witnessed a substantial increase in price in the last couple of trading sessions from the 21 DEMA on the daily chart.
 "DMart, HUL: Top picks by Osho Krishan of Angel One for July 22")
Correction in sight for Nifty50, MidCap Select index; here's how to trade
On the weekly charts, the Nifty 50 Index has closed down, relinquishing all recent gains, indicating substantial selling pressure at higher levels
 "Correction in sight for Nifty50, MidCap Select index; here's how to trade")
Jigar S Patel of Anand Rathi recommends buying these three stocks today
From a technical standpoint, the daily chart has revealed an inverse head and shoulders pattern with a neckline at Rs 1,620 & Bajaj Finserv stock is holding steady above this level around Rs 1,640.
 "Jigar S Patel of Anand Rathi recommends buying these three stocks today")
JSW Infrastructure's shares slump 7% after subdued Q1; check details
Share prices of JSW Infrastructure slipped as much 7.52 per cent at Rs 311 per share on the BSE in intraday deals of Friday.
 "JSW Infrastructure's shares slump 7% after subdued Q1; check details")
RVNL signs MoU with Israel-based United Construction; stock 12% off lows
In a separate exchange filing, RVNL informed that the Hon'ble tribunal has passed an award of Rs 584.22 crore in favour of its joint venture company i.e. Krishnapatnam Railway Company Limited (KRCL).
 "RVNL signs MoU with Israel-based United Construction; stock 12% off lows")
LTIMindtree stock gains on bagging mutli-million dollar contract extension
The share price rose after the company announced that it has secured mutli-million dollar contract extension from Absa Bank.
 "LTIMindtree stock gains on bagging mutli-million dollar contract extension")
Avantel's Q1FY25 net profits tank 39% QoQ: stock hits 10% lower circuit
Avantel registered a decline of 8.75 per cent year-on- year (Y-o-Y) at Rs 7.3 crore in net profits for the June quarter of FY25 versus Rs 8 crore reported in Q1FY24
 "Avantel's Q1FY25 net profits tank 39% QoQ: stock hits 10% lower circuit")
Shoppers Stop stock price falls 6% on weak June quarter results
The fall in the stock price came on the back of weak earnings in the June quarter of financial year 2025 (Q1FY25).
 "Shoppers Stop stock price falls 6% on weak June quarter results")
Wipro's stock slips ahead of Q1FY25 earnings; check what analysts expect
Wipro is expected to see a tepid June quarter with revenues estimated to slide on a year on year basis and net profits seeing a marginal rise
 "Wipro's stock slips ahead of Q1FY25 earnings; check what analysts expect")
Rallis India's stock tanks 7% after sluggish June quarter; profit drops 24%
The agrochemical firm reported a 23.80 per cent year-on-year (YoY) decline in profit after tax (PAT) to Rs 48 crore for the quarter ending June 30, compared to Rs 63 crore in the same period
 "Rallis India's stock tanks 7% after sluggish June quarter; profit drops 24%")
Infosys stock best IT bet post Q1, say analysts; target price increased
This came after Infosys trumped street estimates in its financial performance for the first quarter of financial year 2024-25 (Q1FY25) while also giving higher growth guidance than expected for FY25
 "Infosys stock best IT bet post Q1, say analysts; target price increased")
Zydus Life Vadodara facility gets OAI report from USFDA, stock falls 3%
The fall in the stock came after the company announced that it has secured an Official Action Indicated (OAI) report from the United States Food and Drug Administration (USFDA).
Realty check: Avoid buying commercial real estate stocks, caution analysts
On the bourses, shares of Prestige Estates, Oberoi Realty, Brigade Enterprises, DLF, Embassy REIT, and Mindspace Business Parks REIT, have surged in the range of 11 to 214 per cent
 "Realty check: Avoid buying commercial real estate stocks, caution analysts")
HUL Q1 preview: FMCG major may see volume-led growth in June quarter
Earlier this week, Hindustan Unilever approved the sale of its water purification business to AO Smith India for an Enterprise Value (EV) of Rs 601 crore or $72 million.
 "HUL Q1 preview: FMCG major may see volume-led growth in June quarter")
Stocks to watch, July 19: Infosys, RIL, Vi, LTTS, Tata Consumer, DRL, CEAT
At 6:36 AM, GIFT Nifty futures were up 19 points, trading at 24,828.50 levels, indicating a higher start for the day.
 "Stocks to watch, July 19: Infosys, RIL, Vi, LTTS, Tata Consumer, DRL, CEAT")
Nifty FMCG in overbought zone; should you lock gains to skip downside?
The Nifty FMCG Index is currently in an overbought zone on the charts, despite the overall bullish trend
 "Nifty FMCG in overbought zone; should you lock gains to skip downside?")
Pricing, unfavourable product mix likely to hit Asian Paints stocks
Some brokerages have reduced target prices after muted Q1 showing
 "Pricing, unfavourable product mix likely to hit Asian Paints stocks")
Mastek shares drop 4% after margins, profits slide in Q1FY25 results
Shares of Mastek fell as much as 4.4 per cent at Rs 2,693 per share on the BSE in Thursday's intraday deals
 "Mastek shares drop 4% after margins, profits slide in Q1FY25 results")
Newgen Software stock price falls 7% on weak June quarter results
The fall in the stock price came after the company announced a weak set of June quarter results (Q1FY25).
 "Newgen Software stock price falls 7% on weak June quarter results")