PI Industries shares gain 3.87% as Sensex rises
The stock quoted a 52-week high of Rs 4032.0 and a 52-week low of Rs 3060.0.
The stock quoted a 52-week high of Rs 4032.0 and a 52-week low of Rs 3060.0.
In theory, carbon capture and storage, or CCS, offers the ultimate climate hedge for fossil fuel producers, albeit at a cost of perhaps $10 trillion through 2050.
According to stockedge.com's technical scan data, on July 8th, eight stocks with market caps exceeding Rs 1000 crore were flagged by the "White Marubozu" bullish scanner.
Marginally up 1 paisa, the rupee traded flat at 83.50 against the US dollar in the interbank forex market by 0925 hrs, opening at 83.49.
A total of 440,432 shares changed hands on the counter till time (IST).
HDFC Life Insurance Company shows signs of momentum as it nears the 200-DMA level. Traders advised to watch for a breakout above Rs 612 for potential further gains. Experts suggest a short-covering rally towards Rs 720-Rs 750 levels.
The 30-share BSE Sensex was up 199.45 points at 80159.83
As of July 8th, three stocks in the Nifty500 pack showing Golden Crosses. This bullish indicator occurs when their 50-day SMAs cross above their 200-day SMAs, suggesting potential upward movement.
Flat owners in Bengaluru are seeking the transfer of title deeds to their association due to builders' non-compliance with legal requirements. Issues include concerns over ownership rights and aintenance charges for unregistered land.
Dalal Street anticipates Finance Minister Nirmala Sitharaman to maintain the capex agenda and fiscal discipline. PSU stocks in railways and defence sectors lead with up to 77% returns in a month. Pre-Budget optimism propels PSU stocks to record highs, despite concerns over stretched valuations. The rally is driven by 'Modi stocks,' linked to capex and infrastructure sectors.
In the Nifty200 pack, we have compiled a list of six stocks that reached a 5-year high at the closing on July 8th, indicating bullish sentiment in those stocks.
Hero MotoCorp Ltd., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 110644.69 Crore) operating in Auto sector.
India has experienced a notable 33% year-on-year increase in diversity hiring, reflecting a heightened emphasis on diversity and inclusion (D&I) policies among companies. The latest foundit Insights Tracker for June 2024 indicates an overall 12% yearly uptick in hiring activity, with the diversity hiring surge underscoring D&I's pivotal role in shaping the country's workforce. CEO Sekhar Garisa emphasizes the importance of inclusion initiatives like mentorship programs and bias training,... Читать дальше...
Hindustan Copper Ltd., incorporated in the year 1967, is a Mid Cap company (having a market cap of Rs 33401.01 Crore) operating in Metals - Non Ferrous sector.
Citi maintains a sell rating on Persistent (TP: Rs 3,080). Q1 shows strong growth but expects sequential margin decline, with Q2 at risk due to wage hikes. Market worries over FY25 margins and stable TCV. Despite a 24% rise, stock beats IT index by 17%. UBS reiterates buy on Dr. Lal Path Labs (TP: Rs 3,500). Potential growth reinvestment not priced in, Tier-3 markets perform well.
Canadian Prime Minister Justin Trudeau arrived in Washington, DC to participate in this year's NATO summit that formally begins on Tuesday. According to his office, the summit will be an opportunity for the prime minister to reaffirm Canada's commitment to Euro-Atlantic security and stability, particularly in the face of ongoing Russian aggression and destabilisation.
Life Insurance Corporation of India, incorporated in the year 1956, is a Small Cap company (having a market cap of Rs 641829.14 Crore) operating in Financial Services sector.
On July 8th, the closing prices of five stocks in the Nifty500 pack surged by more than 1.5% compared to the VWAP. This move above the VWAP indicates a potential bullish trend.
Indian indices rose as markets expected dovish signals from U.S. Fed Chair Powell. Sensex up 223 points to 80,184, Nifty50 up 59 points. Key gainers included Maruti Suzuki, M&M, Adani Ports, while Tech Mahindra, JSW Steel fell. Soft inflation increased odds of U.S. rate cut to 74%. Century Textiles rose 4%. Budget, Q1 results closely watched.
Rahul Gandhi abruptly left after clashing with journalists' questions. Gandhi highlighted the natural beauty of Manipur, a state that has been suffering from continuous riots since May 2023. He requested Prime Minister Narendra Modi to visit Manipur to give solace to the ethnic violence-affected people of the state. Gandhi also said that the Congress will do everything it can to bring peace to Manipur.
Hallucinations are a big issue while deploying GenAI-based chatbots. Hallucination is a phenomenon where an AI chatbot offers factually incorrect information in response to a question. How are companies navigating its pitfalls?
ICICI Prudential Life Insurance Company Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 91875.30 Crore) operating in Financial Services sector.
The SIT investigating the Hathras stampede has submitted its report to the UP government. The report points to the 'Satsang' organizers for exceeding the permitted number of people and inadequate arrangements.