Page 573 - Markets

Ashok Leyland advances 10%, nears 52-week high on drawing up EV road map

Ashok Leyland's subsidiary Switch Mobility announced a strategic agreement with Dana Incorporated, the global leader in drivetrain and e-propulsion systems, to make a minority investment in Switch

SRF rallies 8% on strong Q1 performance; market-cap zooms past Rs 50,000 cr

The stock hit a new high of Rs 8,535.95 as shares rallied 8 per cent on the BSE in intra-day trade on Friday

R Systems soars 15% as board to consider share buyback proposal

Buyback is a corporate action in which a company buybacks its shares from the existing shareholders usually at a price higher than the market price

Tech Mahindra surges over 8%, hits new high as Q1 profit beats estimates

The company's order book increased from $290 million in Q1FY21 to $815 million in Q1FY22

Stocks to watch: TechM, Concor, Bandhan Bank, UPL, Tatva Chintan, TVS Motor

State-owned Container Corporation of India (Concor) reported a 409.67 per cent YoY surge in consolidated net profit to Rs 251.22 crore for the first quarter ended June 30

Here's a derivative strategy for Canara Bank by HDFC Securities

The stock price has broken out on the daily line chart with higher volumes to close at its highest level since July 16, 2021

Tech Mahindra Q1 profit jumps 39% YoY to Rs 1,353 crore, beats estimates

The company beat profit expectations by a wide margin as most brokerages had projected the figure to rise between 16-23 per cent YoY

F&O expiry: Sensex gains 209 pts; Nifty Metal index zooms 5%, PSB index 3%

Tata Steel (up 6.8 per cent), Bajaj twins, SBI, HCL Tech, and Sun Pharma were the top gainers on the Sensex today

China's efforts to calm investor jitters help stock markets rebound

China stocks had their best day in two months on Thursday

SBI inches towards record high ahead of Q1 results; stock up 3%

Analysts expected SBI to report a healthy performance, supported by recoveries and modest opex

Metal shares rally; Tata Steel, Hindalco, Vedanta surge up to 10%

At 11:37 am, Nifty Metal and the S&P BSE Metal index were up 4 per cent each, as compared to a 0.50 per cent rise in the benchmark indices Nifty50 and the S&P BSE Sensex

Tech view: These 28 stocks are on the verge of 'Golden Cross' breakout

A "Golden Cross" breakout indicates a firm bullish sentiment in the medium-term

Tejas Networks hits upper circuit as Tata Sons arm to buy controlling stake

Panatone Finvest Limited, a subsidiary of Tata Sons, will buy a 43.3 per cent stake in the telecom related services firm for Rs 1,850 crore

Tatva Chintan makes solid debut; lists at 95% premium over issue price

The stock price of the specialty chemicals more-than-doubled or zoomed 133 per cent at Rs 2,534.20 against its issue price of Rs 1,083 within a few seconds of its listing on the NSE

Maruti Suzuki slips 3% on disappointing June quarter results

The company said profit for Q1FY22 was primarily impacted due to lower sale volumes while the second wave of the pandemic adversely impacted production and sales

Stocks to watch: Tatva Chintan, Nestle India, TechM, Axis Bank, ABB India

HCL Technologies on Wednesday said it has appointed Jill Kouri as its Chief Marketing Officer

Bhavik Patel of Tradebulls Securities is bearish on Silver, Lead; check why

Despite base metals showing healthy upside this week, silver continues to drift downside

3 stock ideas by Ajit Mishra of Religare Broking: Buy BEL, Bharti Airtel

Bharti Airtel has been trading in the consolidation range for the last two months after retesting the major support zone around Rs 520 levels

Market Ahead Podcast, July 29: Top factors that could guide markets today

Over 90 companies, including Tech Mahindra, TVS Motors, Future Retail, Lauras Labs, PVR, Raymond, Stove Kraft and Union Bank will announce their quarterly numbers today

Analysts see up to 34% upside in IndiGo stock despite Covid-19 headwind

Analysts believe IndiGo is well-placed to survive this tough phase