Page 30 - Market News

Market Highlights, July 16: Sensex, Nifty end flat after hitting record highs; RIL, HDFC Bank weigh

Stock Market Highlights today, Tuesday, July 16, 2024: In the broader markets, the BSE MidCap slipped 0.29 per cent, but the BSE SmallCap added 0.32 per cent

Bajaj Auto Q1FY25 results: Profit rises 19% YoY to Rs 1,988 cr; stock up 2%

Bajaj Auto Q1 results: The share price surged after Bajaj Auto reported a solid performance in the first quarter ending June 30, 2024 (Q1FY25)

NSE tightens margin funding rules, excludes 1010 stocks including Paytm

The NSE has drastically reduced the list of stocks eligible for collateral in margin funding, removing 1,010 stocks, including Adani Power, Yes Bank, and Paytm, effective August 1

This real estate stock has jumped 30% in 8 sessions; hit record high today

Sunteck Realty share price: Shares of Sunteck Realty extended their rally into the eighth trading session on Tuesday, July 16, as they jumped 15 per cent to Rs 698.35 per share on the BSE

DB Corp net profits surge 50% YoY in June quarter; stock hits 52-week high

The share price gained after the print media firm reported a strong performance in the first quarter ending June 30, 2024, with a 49.68 per cent year-on-year (Y-o-Y) increase in net profit

Nomura ups target price for Fortis, sees 12% upside; reiterates 'Buy'

The global brokerage firm maintained its 'Buy' call for Fortis Healthcare with an updated twelve month forward target price of Rs 547, a 12 per cent upside to Monday's close

Gold price slips Rs 10 to Rs 73,630, silver declines Rs 100 to Rs 95,100

The price of 22-carat gold also declined Rs 10, with ten grams of the yellow metal selling at Rs 67,490

Nifty Bank, Fin Svcs eye breakout: Should you wait or buy near support?

The Nifty Bank Index is currently range-bound on the charts, oscillating between 52,800 and 51,750. A decisive close above or below this range will likely trigger a significant move

Stock Market Highlights, July 15: Mid-caps outshine Sensex, Nifty in range-bound session; PSBs zoom

Stock Market Highlights, July 15, 2024: Among sectors, the Nifty PSU Bank surged 3 per cent, while the Nifty Auto, Media, Pharma, and Realty indices edged over 1 per cent higher each

Brokerages raise target price for HCLTech after solid Q1 performance

Shares of HCL Tech zoomed 4.83 per cent at Rs 1635.85 per share on the BSE in Monday's early morning trade. This came after the IT services major reported a 20.4 per cent year on year increase profits

Stock market holidays: Are NSE, BSE closed on July 17 for Muharram? Update

The equity segment, equity derivative segment, and SLB segment will remain closed for the entire day on July 17.

Markets in overbought zone, avoid aggressive bets; Nifty's support at 24k

Bulls continued their strong performance, extending their lead for the sixth consecutive week. Throughout the week, various sectors maintained optimism, while the benchmark index traded within a range

Zerodha confirms users may face connectivity issues with BSE F&O orders

A glitch on the BSE resulted in orders appearing in the 'Open Pending' state affecting brokers across platforms on Thursday

Bull spread on Bank Nifty, recommends Nandish Shah of HDFC Securities

Short covering is seen in the Bank Nifty Futures at lower levels, where Open Interest fell by 1 per cent (Prov) with Bank Nifty future rising more than 500 points from the intraday lows

Indegene inks pact with Microsoft to scale Gen AI adoption: stock jumps 5%

Indegene and Microsoft have committed to developing resources in specialised and skilled medical and technology tools to co-innovate generative AI services and workflows

Tata Elxsi falls 3% as analysts caution on high valuation, near term risks

According to analysts, Tata Elxsi's revenue growth was led by ramp-up of deals in the transportation vertical but was offset by softness in the media and communication

Zydus Lifesciences hits all time high on USFDA nod for multiple drugs

Shares of Zydus Lifesciences zoomed up to 1.93 per cent, hitting its all time high at Rs 1203.20 per share on the BSE in Thursday's intraday trade

TCS share price zooms ahead of Q1FY25 results; key things to watch

Tata Consultancy Services (TCS) shares were trading 1.79 per cent higher at Rs 3979.90 per share on the BSE in Thursday's intraday trade

HCL Tech Q1 Preview: Weak deals, client spending to dent profits by 5-7%

According to analysts, HCL Tech is likely to report a revenue increase of 6-7 per cent year-on-year (Y-o-Y) between Rs 27,900 crore to Rs 28,034 crore

Stock Market Highlights, July 8: Indices end flat after listless day; PSBs fall, FMCGs buck trend

Stock Market Highlights on July 8: The broader indices, though, hit all-time highs in the intraday trade, ended with a negative bias as well