Equity markets reacted harshly to the hike in capital gains tax on Tuesday, but erased all the losses in the end. In today’s trade, shares of L&T, Axis Bank, HUL, Bajaj Finance, Tata Consumer among others will be in focus due to various news developments or quarterly earnings. L&T, Axis Bank, Bajaj Finserv, SBI Life … Read more
The first quarter earnings season is in full swing and about 34 companies will announce their results on Tuesday. Among these, investors can watch out for the key results of HUL, Bajaj Finance, United Spirits, ICICI Sec and ICICI Pru Life. Apart from the above, companies like DCM Shriram, Gard Furnace, Icra, Infobeans Technologies, M&M … Read more
Domestic markets closed lower on Monday due to selling in index heavyweight Reliance Industries and Kotak Bank on muted earnings and caution ahead of the Union Budget. In today’s trade, shares of HUL, Bajaj Finance, Suzlon Energy, Federal Bank, Gensol Engineering among others will be in focus due to various developments and quarterly earnings HUL, … Read more
Indian Railway Finance Corporation Share Price 205.6 02:58 PM | 22 Jul 2024 -0.18(-0.09%) One97 Communications Share Price 454.6 02:58 PM | 22 Jul 2024 -4.15(-0.91%) YES Bank Share Price 25.68 02:58 PM | 22 Jul 2024 0.92(3.68%) ITC Share Price 467.15 02:58 PM | 22 Jul 2024 -7.41(-1.56%) HDFC Bank Share Price 1635.4 02:58 … Read more
Domestic markets sustained their upward trajectory into the new week as indices reached fresh highs on Monday. In today’s trade, shares of Bajaj Auto, SpiceJet, Jio Financial, HUL, Vedanta, ZEE among others will be in focus due to various news developments and first quarter results. Bajaj Auto, L&T Finance, Just Dial Shares of Bajaj Auto, … Read more
DHARMESH SHAH, HEAD OF TECHNICALS, ICICI SECURITIESWhere is Nifty headed this week?We expect Nifty to continue trade with a positive bias and gradually head towards 24,700 by July end. Higher peaks and troughs supported by market breadth signifies inherent strength (currently 86% of stocks are trading above 50-day EMAs), and the global setup continues to … Read more
Eight of the 10 most valued domestic firms together added Rs 3.28 lakh crore to their market valuation last week, with blue-chips Tata Consultancy Services, Hindustan Unilever and Reliance Industries emerging as the biggest winners. In an eventful week, the BSE benchmark jumped 2,732.05 points or 3.69 per cent. The 30-share BSE Sensex jumped 1,720.8 … Read more
Rebounding from their worst single-day slide in four years, benchmark indices Sensex and Nifty soared over 3% each on heavy value buying by investors after NDA alliance partners started talks on government formation. The stocks that were in focus included names like HUL, which rose 4.29%; IRCTC, which gained 0.6%; and RVNL, whose shares rose … Read more
Indian market is expected to trade lower on Wednesday tracking weak domestic cues.The Nifty future closed negative with losses of 6.12% at 21975 levels on Tuesday. India VIX spiked up by 27.75% from 20.94 to 26.75 levels. On the options front, the weekly maximum Call OI is placed at 23000 and then towards 22500 strikes … Read more
Indian market is expected to trade higher on Thursday tracking positive global cues. The Nifty future closed positive with marginal gains of 0.27% at 22666 levels on Wednesday. India VIX was down by 1.56% from 21.81 to 21.47 levels. On the weekly options front, the maximum Call OI is placed at 23000 and then towards … Read more
