Page 57 - Indian Stock Markets
Stock market outlook July 01: Nifty may open flat amid mixed Asian cues
Pre-market: Nifty trading guide for Monday; Experts see NSE index trading in 23,850-24,200 band in the near-term.
 "Stock market outlook July 01: Nifty may open flat amid mixed Asian cues")
Buy & sell ideas for July 01 from Anand Rathi: Nestle, SBI Life, ONGC
Notably, SBI Life has recently broken out of this consolidation range and is now sustaining levels above it, indicating a potential upward trend
 "Buy & sell ideas for July 01 from Anand Rathi: Nestle, SBI Life, ONGC")
Stock Market Highlights, June 28: Benchmarks settle lower; Sensex above 79k, Nifty holds 24,000
Stock market highlights on Friday, June 28: BSE Sensex climbed 0.54 per cent or 428 points to hit a fresh record high of 79,671.58 while NSE's Nifty50 rallied 0.53 per cent to a new high of 24,174
 "Stock Market Highlights, June 28: Benchmarks settle lower; Sensex above 79k, Nifty holds 24,000")
Jubilant Ingrevia up 2% USFDA issues Zero observations for Bharuch unit
The market capitalisation of Jubilant Ingrevia is Rs 8,383.76 crore, according to Bombay Stock Exchange (BSE)
 "Jubilant Ingrevia up 2% USFDA issues Zero observations for Bharuch unit")
Tega Industries rallies 6% after arm inks contract in consortium with NMDC
Construction company Kalpataru Projects International Limited is the consortium leader
 "Tega Industries rallies 6% after arm inks contract in consortium with NMDC")
Brigade Enterprises rises 3% on launching residential project in Bengaluru
The development boasts a revenue potential of Rs 1,100 crore
 "Brigade Enterprises rises 3% on launching residential project in Bengaluru")
BHEL up 4% on securing Rs 13,300 cr-order to set up thermal power plant
The increase in share price came after BHEL announced that it has secured an order worth Rs 13,300 crore to establish a 1600 MW thermal power plant in Koderma, Jharkhand, from the Damodar Valley Corp
 "BHEL up 4% on securing Rs 13,300 cr-order to set up thermal power plant")
Market outlook Jun 28: GIFT Nifty hints quiet open; telecom stocks in focus
Pre-market update for Friday: Shares of telecom companies are likely to be in focus following the up to 25 per cent tariff hike by Reliance Jio;.
 "Market outlook Jun 28: GIFT Nifty hints quiet open; telecom stocks in focus")
700% surge in just 6 months: 25 SME stocks double in 2024; sell or hold?
Analysts caution that the sharp rally in SME stocks makes them a risky proposition at current levels, and also highlight the inherent risk associated to such investments.
 "700% surge in just 6 months: 25 SME stocks double in 2024; sell or hold?")
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")
Vraj Iron and Steel IPO Day 2: Subscription status, GMP, Should you apply?
Vraj Iron and Steel IPO has seen a strong demand, with the issue being subscribed 8.3 times on Day 2 by 12:30 PM
 "Vraj Iron and Steel IPO Day 2: Subscription status, GMP, Should you apply?")
JSW Energy stock up 4% after arm inks PPA for 1,325 MW renewable projects
The surge in the share price came after the company revealed that JSW Energy Neo via its subsidiary, has signed a PPA) for wind and solar projects with cumulative capacity of 1,325 MW
 "JSW Energy stock up 4% after arm inks PPA for 1,325 MW renewable projects")
RVNL bags order worth Rs 156 cr from Southern Railway; shares surge 3%
The uptick in stock price came after RVNL announced that it has bagged a contract worth Rs 156.47 crore from Southern Railway
 "RVNL bags order worth Rs 156 cr from Southern Railway; shares surge 3%")
Ramky Infrastructure up 7% on securing orders of Rs 131 cr from Power Grid
The surge in stock price came after the company announced that it has secured contracts worth Rs 131.19 crore from Power Grid
 "Ramky Infrastructure up 7% on securing orders of Rs 131 cr from Power Grid")
KEC International stock price rallies 9% on Rs 1,025 crore-order win
The uptick in share price came after KEC International announced that it has secured new orders worth Rs 1,025 crore for its T&D and cables business
 "KEC International stock price rallies 9% on Rs 1,025 crore-order win")
M&M may surpass Tata Motors, Maruti Suzuki in PV segment in June: Nuvama
Raghunandhan NL, director at Nuvama, predicts a 13 per cent overall volume growth for M&M's automotive sector (including PVs, commercial vehicles, and three-wheelers), reaching 70,500 units
 "M&M may surpass Tata Motors, Maruti Suzuki in PV segment in June: Nuvama")
Profit-taking ahead? GIFT Nifty, Asian markets hint at negative open
All you need to know before the market opens on Thursday, June 27: The Nifty is likely to swing to F&O expiry cues. FIIs net index long-short ratio crosses 2-mark; retail investors up short positions.
 "Profit-taking ahead? GIFT Nifty, Asian markets hint at negative open")
Zee Media rallies over 8% after board approves fundraise of up to Rs 200 cr
The uptick in share price came after the board of directors of the company approved a fund raise of up to Rs 200 crore via all permitted instruments
 "Zee Media rallies over 8% after board approves fundraise of up to Rs 200 cr")
Investors should focus on larger cement players as outlook improves
Cement demand should improve with the focus on affordable housing, and strong demand from commercial real estate, and possible pick-up in industrial capex
 "Investors should focus on larger cement players as outlook improves")
Market Highlights, June 26: Sensex zooms 621 pts, ends atop 78,650; Nifty holds 23,850; RIL soars 4%
Stock Market Highlights on Wednesday, June 26, 2024: The BSE Sensex touched a record high of 78,759, while the Nifty50 scaled 23,890 in the intraday trade