Page 233 - Market Trends
Sensex ends 617 pts up, Nifty near 16K; Bajaj twins gain 5%, HUL 4%
Despite a 0.8 per cent fall in heavyweight Reliance, Bajaj twins, HUL, Asian Paints, Maruti, Titan, Kotak Bank and Nestle led the upmove on the Sensex, moving up to 4.8 per cent higher.
 "Sensex ends 617 pts up, Nifty near 16K; Bajaj twins gain 5%, HUL 4%")
Hero MotoCorp soars 4%, nears 52-week high on hopes of healthy Q1 results
The company expects the positive trend to continue in the coming months, on the back of a decent monsoon, and encouraging farm activity.
 "Hero MotoCorp soars 4%, nears 52-week high on hopes of healthy Q1 results")
5 technical reasons to sell Marico, Dabur and buy Hindustan Unilever
Shares of Hindustan Unilever are exhibiting a major breakout, whereas Dabur India and Marico are not exhibiting much of a promise on the charts.
 "5 technical reasons to sell Marico, Dabur and buy Hindustan Unilever")
Oil India, ONGC tank up to 33% in 1 week on windfall tax, fall in Brent oil
Oil India was down 8 per cent at Rs 176, while ONGC shed 6 per cent in traes on Wednesday.
 "Oil India, ONGC tank up to 33% in 1 week on windfall tax, fall in Brent oil")
Avenue Supermarts gains 11% in three days post June quarter 2022 biz update
The company is scheduled to announce June quarter results on Saturday, July 9, 2022.
 "Avenue Supermarts gains 11% in three days post June quarter 2022 biz update")
Here's why Vinay Rajani recommends buying Godrej Consumer, Finolex Cables
The technical analyst from HDFC Securities expects the bias for the Nifty to remain positive as long as the NSE index holds above 15,704.
 "Here's why Vinay Rajani recommends buying Godrej Consumer, Finolex Cables")
Stocks to Watch Today: Adani Power, Biocon, Tata Steel, NTPC, PSU Banks
Stocks to Watch Today: Among airline shares, SpiceJet has reported seven aircraft related incidents in the last two months; while IndiGo said has hired over 1,500 cabin crew staff to counter likely at
 "Stocks to Watch Today: Adani Power, Biocon, Tata Steel, NTPC, PSU Banks")
Despite biting inflation, analysts bullish on retail stocks for long haul
Analysts believe that the Indian retail sector is on the 'cusp of accelerated earnings growth' as consumer sentiment, and discretionary purchases bounce back from Covid-19 pandemic
 "Despite biting inflation, analysts bullish on retail stocks for long haul")
Sensex falls 732 pts from day's high, ends 100 pts down; Rupee at new low
Stock market LIVE updates: As of 7:28 AM, the SGX Nifty Futures quoted 15,881 levels, hinting an upside of 46-odd points on the Nifty50.
 "Sensex falls 732 pts from day's high, ends 100 pts down; Rupee at new low")
Mahindra group: M&M, Mahindra Holidays may jump up to 25%, charts show
The Mahindra Group stocks, barring Tech Mahindra, have outperformed the benchmark indices considerably so far in 2022, and look fairly strong on the charts poised for more gains ahead.
 "Mahindra group: M&M, Mahindra Holidays may jump up to 25%, charts show")
PSP Projects rallies 11%, nears record high on strong order book position
In the past 11 trading days, the stock price of PSP Projects has zoomed 31 per cent after promoters bought shares from the open market.
 "PSP Projects rallies 11%, nears record high on strong order book position")
Fiem Industries surges 6% on healthy outlook, stock up 56% in one month
Overall, the management believes that the worst is behind the two-wheeler industry and expects the industry to get back on its growth path.
 "Fiem Industries surges 6% on healthy outlook, stock up 56% in one month")
Stocks to Watch Today: Cipla, RIL, PNB, Reliance Power, Metals, Restaurants
Stocks to Watch Today: Shares of metal companies are also to be in focus as copper prices fell to 17-month lows amid new COVID restrictions in China, slowing global manufacturing activity and a jump i
 "Stocks to Watch Today: Cipla, RIL, PNB, Reliance Power, Metals, Restaurants")
ITC, HUL, ICICI Bank help lift Sensex 327 pts; Nifty tops 15800; metals dip
CLOSING BELL: The gains in equities coincided with ease in bond yields, where the returns on 10-year government securities fell to a one-month low of 7.35 per cent
 "ITC, HUL, ICICI Bank help lift Sensex 327 pts; Nifty tops 15800; metals dip")
TVS Motor may soon cross Rs 1,000-mark; chart strongly in favour of bulls
In the past, the stock had soared up to 7-fold on two instances, a similar trend seems to be playing on the long-term charts currently.
 "TVS Motor may soon cross Rs 1,000-mark; chart strongly in favour of bulls")
This Mahindra Group stock has zoomed over 80% so far in 2022
Mahindra Lifespace hit a record high of Rs 439.85 and surged 6% on expectation of favorable demand situation in the Indian real estate sector.
Automotive Axles surges 8%, hits record high on healthy business outlook
The company is a beneficiary of the current cyclical recovery in the domestic commercial vehicle space, especially the medium & heavy commercial vehicle (M&HCV) domain.
 "Automotive Axles surges 8%, hits record high on healthy business outlook")
ONGC, Oil India extend fall; tank up to 20% in two days on windfall tax
Brokerage firm Motilal Oswal reiterates its BUY rating with revised target prices of Rs 171 and Rs 364 for ONGC and Oil India, respectively.
 "ONGC, Oil India extend fall; tank up to 20% in two days on windfall tax")
Stocks to Watch Today: RIL, HDFC, Birlasoft, IndiGo, Coal India, IT shares
Stocks to Watch Today: HDFC and HDFC Bank are likely to be in focus as the stocks exchanges have approved the proposed merger for these two corporates.
Sensex falls 111 pts, Nifty holds 15,750; RIL sinks 7%, MRPL 10%
Benchmark indices swung wildly in trade on Friday after the government's move to tax oil refiners' windfall gain amid soaring crude oil prices hurt index heavyweight Reliance Industries' stock
 "Sensex falls 111 pts, Nifty holds 15,750; RIL sinks 7%, MRPL 10%")