Page 50 - Indian Stock Market
IEX share price up 3% on strong Q1 update; electricity volumes jump 25%
The rise in the share price came after IEX announced a strong Q1 power market update
 "IEX share price up 3% on strong Q1 update; electricity volumes jump 25%")
Force Motors shares fall over 2% after June auto sales disappoint
The fall in the share price came on the back of weak June sales numbers. Force Motors' total sales slipped 2.9 per cent to 2,553 units
 "Force Motors shares fall over 2% after June auto sales disappoint")
Welspun Specialty stock zooms 9% after securing contract worth Rs 117 cr
The share price soared after the company announced that it has secured a contract worth Rs 117.17 crore for supply of seamless stainless steel boiler tubes
 "Welspun Specialty stock zooms 9% after securing contract worth Rs 117 cr")
Cochin Shipyard rallies over 4% after unit bags order worth Rs 1,100 crore
UCSL, under contract terms, will undertake the design and construction of four 6300 TDW dry cargo vessels, the company said in a statement
 "Cochin Shipyard rallies over 4% after unit bags order worth Rs 1,100 crore")
Top stock picks for July 01 by Angel One; check key levels here
On the weekly chart, Mahindra Logistics stock prices have confirmed a bullish reversal pattern breakout known as the Cup and Handle
 "Top stock picks for July 01 by Angel One; check key levels here")
Stock market highlights H1CY24: Sensex, Nifty hit new high; midcaps shine
According to the available data, domestic institutional investors (DIIs) have pumped in Rs 2.3 trillion in the Indian equities during H1-CY24. 37 mid, smallcap stocks have doubled during this period
 "Stock market highlights H1CY24: Sensex, Nifty hit new high; midcaps shine")
RBL Bank stock gains 3% on board's nod for Rs 6,500 cr fund raise
RBL Bank stock update: The stock hit a high of Rs 270 in Friday's intra-day deals after the bank's board approved fund raise by way of QIP and debt sale.
 "RBL Bank stock gains 3% on board's nod for Rs 6,500 cr fund raise")
Weak monsoon, populist Budget: 7 risks for stock markets in next 6 months
Indian stock markets H2 CY2024 outlook: Investors need to stay cautious as headwinds, including any delayed interest rate cut and below-par monsoon, may challenge the current market rally
 "Weak monsoon, populist Budget: 7 risks for stock markets in next 6 months")
Stock Market Highlights, June 27: Nifty hits 24,000 on June F&O expiry day; Sensex rises 567 pts
Stock Market Highlights on Thursday, June 27, 2024: The BSE Sensex topped the 79,000-mark for the first time on Thursday, touching an all-time high of 79,396. The Nifty50 hit a record high of 24,087
 "Stock Market Highlights, June 27: Nifty hits 24,000 on June F&O expiry day; Sensex rises 567 pts")
Nifty's 22 components record new highs in June; Five on Wednesday
Given the market buoyancy a total of 34 out of the 50 Nifty components have clocked fresh highs in 2024
 "Nifty's 22 components record new highs in June; Five on Wednesday")
Here's why Nuvama remains upbeat on Prince Pipes; Check target price here
Analysts attributed this outlook to India's burgeoning real estate sector recovery and robust infrastructure developments, which are driving demand for plastic pipe manufacturers like Prince Pipes
 "Here's why Nuvama remains upbeat on Prince Pipes; Check target price here")
Top stock picks for June 26 by HDFC Securities; check target prices
Birlasoft stock price has broken out from the consolidation, which held for the previous two weeks. Price breakout is accompanied by rise in volumes
 "Top stock picks for June 26 by HDFC Securities; check target prices")
Stock Market Highlights, June 25: Sensex jumps 712pts, surpasses 78k for 1st time; Nifty tops 23,700
Stock Market Highlights on Tuesday, June 25, 2024: The m-cap of all the companies listed on the BSE stood at Rs 436 trillion at the end of the session
 "Stock Market Highlights, June 25: Sensex jumps 712pts, surpasses 78k for 1st time; Nifty tops 23,700")
Craftsman zooms 13%, nears record high on Sunbeam's biz acquisition plan
The stock of auto ancillary company is trading close to its record high of Rs 5,510 touched on December 22, 2023.
 "Craftsman zooms 13%, nears record high on Sunbeam's biz acquisition plan")
RVNL stock hits fresh 52-week high on securing order worth of Rs 192 cr
The uptick in share price came after the RVNL announced that it has emerged as the lowest bidder (L-1) for a project worth Rs 192 crore from South Eastern Railway
 "RVNL stock hits fresh 52-week high on securing order worth of Rs 192 cr")
Sensex may hit the 81,000 mark by 2024-end: Ravi Singh of Religare
Markets are showing strong momentum, with Nifty firmly holding above the 23,300 mark, indicating that bulls are in strong control
 "Sensex may hit the 81,000 mark by 2024-end: Ravi Singh of Religare")
Stock Market Highlights, June 21: Indian bourses settle lower; Nifty holds 23,500
Stock market Highlights on Friday, June 21: On BSE, Bharti Airtel, Infosys were among the top gainers while UltraTech Cement and L&T were among the top laggards
 "Stock Market Highlights, June 21: Indian bourses settle lower; Nifty holds 23,500")
Time Technoplast gets nod to make Type-IV composite cylinders; stock up 13%
The uptick in share price came after the company secured final nod for manufacturing of Type-IV composite cylinders for Hydrogen issued by the Government authority
 "Time Technoplast gets nod to make Type-IV composite cylinders; stock up 13%")
Wanbury surges 5% after USFDA issues Zero observations for Patalganga site
At 9:55 AM, the shares were off highs, trading 2.25 per cent higher at Rs 163.95 per share. In comparison, BSE Sensex was trading 0.16 per cent lower at 77,211.40 levels.
 "Wanbury surges 5% after USFDA issues Zero observations for Patalganga site")
Blue Dart inks pact with Skye Air for drone delivery service; stock up 3%
The uptick in share price came after the company rolled out drone delivery service in pact with Skye Air, a drone delivery service provider
 "Blue Dart inks pact with Skye Air for drone delivery service; stock up 3%")