Page 34 - Market News

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

Downturn in sight for Nifty50, MidCap Select indices; here's how to trade

When examining the Nifty 50 Index, currently trading in the overbought zone, technical indicators such as MACD, RSI, and Stochastic suggest it is challenging to recommend initiating fresh long

Market Highlights, July 5: RIL, SBI lead fag-end recovery; benchmarks end flat; HDFC Bank down 4%

Stock Market Highlights on July 5: Shares of RIL gained 2.58 per cent, helping the Sensex, and Nifty indices recoup losses

Stocks to Watch, July 5: HDFC Bank, Bajaj Auto, Raymond, VST Ind, RBL Bank

Stocks to watch today, Friday, July 5: Bajaj Auto is all set to become the world's first two-wheeler company to launch a CNG bike

Protect market gains, book your profit: Top personal finance stories

Also this week, we write about why Indians love Frontier food

Tyger Capital to list by next year, targets Rs 20,000 crore book

Gaurav Gupta said that in keeping with growing business, company expects to take on board 600 people in the current financial year as it is opening 60-65 new branches for broadening its network

SME IPO opening price to be capped at 90% in pre-open on listing day: NSE

NSE price cap on SME IPO: The price control cap of 90 per cent shall be applicable only to the SME segment and not for Mainboard IPOs, NSE said

Vedanta, Tata Steel, LT Fin, Brigade Ent among top buzzing stocks on July 4

Stocks to Watch today, July 4, 2024: L&T Finance's retail disbursements increased by 33 per cent Y-o-Y to Rs 14,830 crore in the June quarter (Q1-FY25)

Stocks to Watch, July 4:HDFC Bank, Bajaj Fin, Bandhan Bank, ITD Cementation

Stocks to Watch today, Thursday, July 4: Mitsubishi UFJ Financial Group Inc.'s negotiations for a minority stake in HDFC Bank's consumer lending unit are stalling

Stock Market Highlights, July 3: Sensex rises 545 pts, ends near 80,000; HDFC, Axis Bank gain 2%

Stock Market Highlights on July 3: In the broader markets, the BSE MidCap and the BSE SmallCap index rose 0.86 per cent each.

KEC International hits 52-week high on securing large order; details here

EC International's shares jumped 7.3 per cent to Rs 968.20 per share on the BSE in Wednesday's early morning trade

Buzzing stocks, July 3:YES Bank, ZEE, DMart, IEX, Hindustan Zinc, KEC Int'l

Buzzing stocks to watch today, July 3: Avenue Supermarts, the DMart chain of stores' operator reported a provisional standalone revenue of Rs 13,712 crore for the June quarter, up 18 per cent Y-o-Y