Share price of Indian Oil Corp. rises as Nifty strengthens
A total of 625,452 shares changed hands on the counter till 10:04AM (IST).
A total of 625,452 shares changed hands on the counter till 10:04AM (IST).
Larsen & Toubro anticipates a surge in its international business following higher global credit ratings than the sovereign. With increased access to international projects, the company aims to strengthen its presence in the Middle East, focusing on renewable energy, urban infrastructure, and oil and gas projects.
According to technical scan data from stockedge.com, on July 15, three stocks in the Nifty500 closed more than 2.5% below VWAP, indicating a potential bearish trend.
A total of 633,639 shares changed hands on the counter till 10:00AM (IST)
Wipro has surged nearly 30% since June 2024, breaking out from a Cup & Handle pattern. Short-term traders advised to consider buying with a target above Rs 600. Stock shows bullish momentum and positive price stability. Expert recommendations highlight potential further gains with a stop loss at 525.
FIFA is seeking broadcast rights for the 32-team Club World Cup in the U.S., with key teams like Real Madrid and Manchester City participating. The tournament, to be held in June-July, aims to offer substantial prize money to teams. Talks with Apple for global rights reportedly faced challenges, with the European Club Association expressing concerns. The revamped tournament will serve as a rehearsal for the 2026 World Cup in the same U.S. venues.
On July 15, there was a significant rise in futures open interest for four stocks in the NSE F&O segment, resulting in a total open interest increase of more than 10% compared to the previous trading session.
Recent political violence in the US has led to market speculations favoring a potential Trump re-election. Analysts anticipate rate cuts and inflation concerns in the coming years. This bullish news for equities from what the Fed is going to do and at the margin from these terrible events in Pennsylvania is very much a short to medium-term view, not necessarily a long-term view.
SpiceJet shares surged 7% on Tuesday, reaching Rs 60, following the airline's Q4 profit announcement of Rs 127 crore. This marked a turnaround from losses of Rs 6.2 crore and Rs 299 crore in the March and December 2023 quarters, respectively. On a standalone basis, the low-cost carrier reported a sixfold surge in net profit to Rs 119 crore in the fourth quarter
Reliance Securities has identified 7 stock ideas for potential outperformance post the Union Budget. Companies like L&T, SRF, and AU Small Finance are among the recommendations with promising upside potential. Investors should consider these options for their portfolios.
Foreign institutional investors (FIIs) continued buying equities worth Rs 2684 crore, contrasting with domestic institutional investors who sold equities worth Rs 331 crore. July futures closed at 24,621, up 0.41%, with cumulative Open Interest (OI) across current, next, and far series rising over 3%, signaling significant long positions being built up.
Fortis Healthcare Ltd. key Products/Revenue Segments include HealthCare Services, Lease Rentals, Other Operating Revenue and Pharmaceuticals for the year ending 31-Mar-2024.
An automatic pani puri vending kiosk by What The Flavours in Bengaluru's HSR Layout is gaining attention. The kiosk allows customers to customize their panipuri with flavored water. While some praise the innovation, others note similar machines in different cities. Social media reactions are varied, with users appreciating the hygiene and convenience.
Jupiter Life Line Hospitals Ltd., incorporated in the year 2002, is a Small Cap company (having a market cap of Rs 8578.99 Crore) operating in Hospitals & Allied Services sector.
A year and a half after crippling Covid-19 restrictions ended, the property crisis is just one of the deadweights dragging on China's recovery momentum, sending ripples of unease through the country's leaders and citizens.
Indian indices rose 0.12%, with Sensex gaining 97 points and Nifty 50 reaching a new July record, up 29 points at 9:22 am, trading at 24,615. Nifty rose in 8 out of 12 July sessions. Bharti Airtel, Adani Ports, Tata Steel, and Bajaj Finserv led gains, while HCL Tech, L&T, Tata Motors, and Nestle India saw losses.
Suman Bery said all of this has been achieved in a participative, democratic framework with orderly transfers of power at the level of India's states and at the Center following the recently concluded national elections.
Aggressive hybrid funds are one of the popular hybrid mutual fund categories. These schemes are mandated to invest in a mix of equity (or stocks) and debt. As per Sebi norms, these schemes must invest 65-80% in stocks, and 20-35% in debt. This mixed portfolio helps to deal with the market volatility better.
Global Health Ltd. key Products/Revenue Segments include Hospital Services, Pharmaceuticals and Other Operating Revenue for the year ending 31-Mar-2023.
GPT Healthcare Ltd., incorporated in the year 1989, is a Large Cap company (having a market cap of Rs 1356.86 Crore) operating in General sector.
The Tamil Nadu Electricity Regulatory Commission (TNERC) revised power tariffs for various consumer categories in the state on Monday, according to a press release from the state-run discom, TANGEDCO. This move aims to mitigate the financial losses accrued over the years.
Hindustan Unilever Ltd., incorporated in the year 1933, is a Large Cap company (having a market cap of Rs 615663.40 Crore) operating in FMCG sector.
In June, Bajaj Auto's stock peaked at Rs 10,038 before declining to Rs 9,390, where it found support. It later closed above its 10 and 20-day EMAs, breaking out of a downward channel formed after reaching its peak.
Varun Beverages Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 211529.41 Crore) operating in FMCG sector.