Page 4 - Hdfc Securities
Agilus Diagnostics files for IPO to raise funds via 142.3 mn shares
The diagnostics giant partners with ICICI Securities, Axis Capital, and Citigroup for public offering, aiming to sell equity shares held by key investors
 "Agilus Diagnostics files for IPO to raise funds via 142.3 mn shares")
HDFC Securities looks to gain active clients with a new trading app
With the launch, the broker will be competing with low-price broking services with a flat pricing of Rs 20 per all intraday trades and delivery
 "HDFC Securities looks to gain active clients with a new trading app")
F&O Strategy: Bear spread on Bank Nifty, suggests HDFC Securities
Momentum Oscillators- RSI (11) has fallen below benchmark level of 50, which indicates bearish trend
 "F&O Strategy: Bear spread on Bank Nifty, suggests HDFC Securities")
Siemens: Here's why Bear Spread strategy may be profitable for this stock
Short-term trend of the Siemens turned weak as the stock price is trading below its 5,11 and 20-day EMA
 "Siemens: Here's why Bear Spread strategy may be profitable for this stock")
F&O Strategy: Bear spread on Bank Nifty, suggests HDFC Securities
RSI has fallen below benchmark level of 50 for Bank Nifty, indicating a bearish trend, says Nandish Shah of HDFC Securities
Broking industry revenues could be healthy in FY24, says Dhiraj Relli
As trading volumes are likely to be firm, broking industry revenues could be healthy in fiscal 2023-24 (FY24), even as the yields may not have much further to fall
 "Broking industry revenues could be healthy in FY24, says Dhiraj Relli")
Godrej Properties: Bull Spread Strategy apt for July expiry; here's why
The stock of Godrej Properties saw 1 per cent addition in Open Interest (Prov) on Thursday, July 13, with price rising by 1.40 per cent
 "Godrej Properties: Bull Spread Strategy apt for July expiry; here's why")
HDFC twins' merger may take effect July 1; boards to meet on June 30
HDFC shares will not be traded after July 13
 "HDFC twins' merger may take effect July 1; boards to meet on June 30")
HDFC Sec sees up to 16% upside in Firstsource Solutions, Marico; check why
Midcap IT as a sector has been outperforming and the same is expected to continue
 "HDFC Sec sees up to 16% upside in Firstsource Solutions, Marico; check why")
Hold longs on Nifty with a stop at 17,500: HDFC Securities
Among individual stocks, Vinay Rajani the technical & derivative analyst recommends to Buy Ircon International and ABFRL.
 "Hold longs on Nifty with a stop at 17,500: HDFC Securities")
HDFC Securities picks two stocks with bullish breakout patterns; Check here
The stock of Bank of Baroda is on the verge of breaking out from the symmetrical triangle
 "HDFC Securities picks two stocks with bullish breakout patterns; Check here")
Here's why Vinay Rajani is bullish on Pidilite Industries, Delhivery
Among individual stocks, the technical & derivative analyst from HDFC Securities recommends to buy Pidilite Industries and Delhivery
 "Here's why Vinay Rajani is bullish on Pidilite Industries, Delhivery")
Nandish Shah of HDFC Securities suggests Bull Spread strategy on M&M Fin
The primary trend of the stock is bullish as it trades above its 50, 100 and 200 day-EMA
 "Nandish Shah of HDFC Securities suggests Bull Spread strategy on M&M Fin")
Nandish Shah of HDFC Securities suggests Bull Spread strategy on IGL
The stock price of Indraprastha Gas (IGL) has been taking support at 200 day EMA since January 2023
 "Nandish Shah of HDFC Securities suggests Bull Spread strategy on IGL")
Gold declines Rs 153 amid fall in precious metal prices globally
Gold price in the national capital declined Rs 153 to Rs 55,650 per 10 grams on Friday amid a fall in precious metal prices globally, according to HDFC Securities. The yellow metal had ended at Rs 55,803 per 10 grams in the previous trade. Silver also fell Rs 7 to Rs 68,700 per kilogram. "Gold price fall was extended after stronger than expected US job market data allowed US Fed to continue with higher interest rate," said an analyst at HDFC Securities. In the overseas market, gold was quoting lower at USD 1,839.6 per ounce while silver was flat at USD 23.46 per ounce. The US job market data pushed US dollar to a fresh one-month high. Rising interest rates and higher dollar index tend to weigh on yellow metals, the analyst added.
 "Gold declines Rs 153 amid fall in precious metal prices globally")
Sensex, Nifty snap eight-day winning streak ahead of US jobs data
Both shed 0.6% but end in green for second straight week; Broader markets play catch-up
 "Sensex, Nifty snap eight-day winning streak ahead of US jobs data")
Rupee gains sharply against US dollar as MSCI rejig spurs flows
The rupee closed at 81.43 per US dollar on Wednesday as against 81.72 per dollar on Tuesday
 "Rupee gains sharply against US dollar as MSCI rejig spurs flows")
Forex reserves rise for second week in a row; up $2.5 bn to $547.25 bn
The latest data marks the first time since May that the RBI's reserves have risen for two consecutive weeks
 "Forex reserves rise for second week in a row; up $2.5 bn to $547.25 bn")
Rupee logs best single-day gain since September 30 on strong FPI flows
The rupee settled at 82.44 per dollar on Friday versus 82.89 on Thursday
 "Rupee logs best single-day gain since September 30 on strong FPI flows")
Rupee marks biggest monthly losing streak since 1985, braces for Fed move
Oil importers' dollar purchases, breach of technical levels drag rupee lower