S&P 500, Nasdaq slip ahead of PMI data - 19 minutes ago
The Dow Jones Industrial Average rose 73.75 points, or 0.19%, at the open to 39,208.51.
Economic Times

Nvidia more valuable than these major global markets - about 1 hour ago
US-based technology giant Nvidia Corporation, currently the second-largest company in terms of global market cap, briefly ranked first on Wednesday, surpassing giants like Microsoft and Apple. Nvidia is now more valuable than some of the largest global markets, according to ET Bureau.
Economic Times

Tech View: Nifty chart shows bearish candle formation. What traders should do on MondayReliance Industries Share Price - about 1 hour ago
Nifty struggled to hold above the day’s opening range, indicating bullish sentiments going sore on the Summer Solstice Day, observed experts.
Economic Times

Hindustan Aeronautics, Piramal Enterprises among 5 stocks with long unwinding - about 1 hour ago
Long unwinding refers to the selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness. In Friday's trading session, five stocks witnessed a long unwinding. Here's the list:
Economic Times

Adani Ports to enter Sensex on Monday, Wipro to exit as part of semi-annual rejigWipro Share Price - about 2 hours ago
Adani Ports’ Sensex inclusion will trigger passive inflows of $259 million and 14.9 million shares are expected to be added, according to Nuvama’s estimates. Wipro’s exclusion could see outflows of $170 million.
Economic Times

Nvidia's more valuable than some of largest global markets - about 2 hours ago
US-based technology giant Nvidia Corporation, currently the second-largest company in terms of global market cap, briefly ranked first on Wednesday, surpassing giants like Microsoft and Apple. Nvidia is now more valuable than some of the largest global markets, according to ET Bureau.
Economic Times

Anil Agarwal likely to sell a 2.5% stake in VedantaVedanta Share Price - about 2 hours ago
Vedanta Resources, which holds a majority stake in Vedanta, is reportedly considering selling a 4-5% stake in the company. The deal could be facilitated by an international bank and is expected to capitalise on the recent surge in Vedanta's share price.
Economic Times

Adani Ports enters Sensex, Wipro exits as part of semi-annual rejigWipro Share Price - about 3 hours ago
Adani Ports’ Sensex inclusion will trigger passive inflows of $259 million and 14.9 million shares are expected to be added, according to Nuvama’s estimates. Wipro’s exclusion could see outflows of $170 million.
Economic Times

Mazagon Dock Shipbuilders, Samvardhana Motherson among 6 midcap stocks outperformed Nifty50 - about 3 hours ago
Indian blue-chip equity indices surrendered early gains on Friday, as a decline in banks outweighed the rise in IT stocks fuelled by Accenture's upbeat revenue growth forecast. As per data available on StockEdge, several midcap stocks from Nifty500 index outperformed the benchmark Nifty50 index on a 1-week and 3-month basis as of June 20. Here's a list:
Economic Times

Sensex, Nifty hit brakes on record run; Nifty IT defies market moodTata Consultancy Services Share Price - about 3 hours ago
Indian equity indices, influenced by global trends, closed lower on Friday. The Sensex fell 269 points to 77,209, and the Nifty dropped 66 points to 23,501, impacted by Reliance Industries, L&T, and HDFC Bank.
Economic Times

Suzlon Energy, Bharat Forge among 6 midcap stocks that hit fresh 52-week highs on Friday - about 4 hours ago
Nifty50 and Sensex surrendered early gains on Friday, dragged by index heavyweights Reliance Industries and HDFC Bank. However, in Friday's trading session, six midcap stocks from the Nifty200 index hit new 52-week highs. Here's the list:
Economic Times

F&O Income May Face Lottery-Like Taxation in New Budget: Report - about 4 hours ago
The government of India is considering a proposal to impose higher income tax on the F&O segment in the upcoming union budget. This is because the government is quite worried about retail traders losing tons of money in the derivatives market. Let's see what the deal is all about in this video.
Economic Times

Triveni Engineering buys addl 36.34 pc stake in sugar firm Sir Shadi Lal Enterprises for Rs 45 cr - about 4 hours ago
Triveni Engineering & Industries Ltd acquires 36.34% stake in Sir Shadi Lal Enterprises Ltd for Rs 45 crore, enhancing its position as a major sugar producer. Vice Chairman Tarun Sawhney views the acquisition as a strategic move to boost Triveni's sugar and alcohol businesses.
Economic Times

Nuvama initiates coverage on Bikaji Foods, sees upside potential of over 21% - about 4 hours ago
​Domestic brokerage firm Nuvama initiated coverage on Bikaji Foods, with a target price of Rs 885, as the company has emerged as a heavyweight in the rapidly expanding Indian savoury snacks market.
Economic Times

Small caps: Hard work before buying & patience after buying: 5 stocks from different sector with an upside potential of up to 47 % - about 5 hours ago
As the major event risk is behind it, there is a high probability that except the regular profit booking moves which will keep coming due to one or the other reason, markets are likely to stay under the control of bulls. So there is a high probability that soon we are going to see a phase which we saw in the last quarter of 2023, where there was a mad rush to buy small caps. So before that situation arrives and decision making is more controlled by sentiment than sense, it would be better that one should set the ground rules for buying small caps, so that when the corrective phase and the narrative for the short term changes, there is no fear and panic leading. Another reason why it is important to touch upon this issue at this point of time, is the fact that when it comes to small cap stock there is an interesting equation between desire and challenge. Desire keeps moving up and down but the challenge of finding the right stocks is always present.
Economic Times

Europe's STOXX 600 falls as tech, banks dragABB India Share Price - about 5 hours ago
European shares fell on Friday, with Carlsberg Group dropping 8% after Britvic rejected its $3.9 billion takeover bid, causing a 0.3% decline in the STOXX 600.
Economic Times

Defence and fertilizer stocks decline up to 8% amid profit bookingParas Defence and Space Technologies Share Price - about 5 hours ago
​In the recent few trading sessions, both sectors witnessed a rally as the defence sector was backed by factors like new order wins, positive growth outlook and stability of the PM Narendra Modi-led NDA government.
Economic Times

Equity taxation tweaks, PSU disinvestment among 6 factors that could break markets: Kotak EquitiesThermax Share Price - about 5 hours ago
Indian benchmark index Nifty 50 has surged by 1,682 points or 7.6% since the June 4 debacle, driven by non-institutional investors and select institutional investors, as noted by Kotak Institutional Equities. The market's sentiment remains positive despite potential risks, with a focus on upcoming state elections and regulatory oversight.
Economic Times

Faith by consumers & re-rating by street: 4 jewellery stocks with an upside potential of up to 27% - about 6 hours ago
One thing which every government has tried to control, but has not been successful in taming, generation and absorption of black money in the whole bullion market supply chain which includes the jewellery industry. Right from a token tax on gold buying to track transactions to many other efforts the list is endless. While it might take time, the way the regulatory mechanism is evolving, over a period of time, there is a high probability that there would be more measures which would come into place which will lead to lesser use of cash in this industry. As that happens, two trends are likely to emerge, first there would be a shift toward branded jewellery chains. Second, the street would have faith on the balance sheet of other players besides the largest player which is a well known multibagger.
Economic Times

Vedanta promoted Hindustan Zinc's shares jump 6% on MoU with US battery makerHindustan Zinc Share Price - about 6 hours ago
Hindustan Zinc's shares surged 6% after signing an MoU with AEsir Technologies, Inc. for zinc supply, a key material for next-gen batteries. AEsir specializes in zinc battery tech, part of global energy transition efforts.
Economic Times

Zerodha traders hit by technical glitch as screen freezes - about 7 hours ago
"Hi, we're sorry for the inconvenience. The issue was resolved quickly, and the prices are now updating fine now, please check," Zerodha said on social media platform X while responding to user complaints.
Economic Times

Japan's Nikkei closes lower as tech shares drag; value stocks up - about 7 hours ago
Japan's Nikkei share average closed slightly lower on Friday due to losses in technology shares, offsetting gains in value stocks amidst a weak yen and higher yields.
Economic Times

Microcap stock rallies 15% after announcing plans of bonus, dividend, stock split - about 7 hours ago
Shares of Milkfood surged 15% to Rs 781 on BSE after announcing plans for bonus issue, dividend, and share sub-division in board meeting on June 25.
Economic Times

RailTel, IRCTC among railway stocks rallying up to 9%. What’s the trigger?Titagarh Rail Systems Share Price - about 7 hours ago
Railway stocks like RailTel, IRFC, RVNL, Ircon International, and Titagarh Rail Systems surged up to 9% on BSE today amid positive news flow.
Economic Times

JM Financial shares fall 5% on SEBI ban from managing debt public issuesJM Financial Share Price - about 7 hours ago
Shares of JM Financial declined by 5% to Rs 83 during Friday's intraday trading on the BSE. This drop followed a decision by the markets regulator SEBI on Thursday, confirming interim measures to prohibit the company from serving as a lead manager for public issues of debt securities until March 31, 2025.
Economic Times

MapMyIndia shares rally 37% in 2 days. Here's why Goldman recommended this stockC.E. Info Systems Share Price - about 7 hours ago
CE Info Systems shares surged 37% on BSE in response to a 'buy' rating from Goldman Sachs, targeting Rs 2,800.
Economic Times

IT stocks rally up to 4% as an early indicator of Q1 earnings just gave green signalsWipro Share Price - about 8 hours ago
Indian IT stocks surged following positive results from Accenture, with Persistent Systems leading the gains. Analysts expect a strong demand environment to drive healthy earnings growth.
Economic Times

Weekly Top Picks: These mid and small cap stocks scored 10 on 10 on Stock Reports Plus - about 8 hours ago
Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analysis, the report also collates analysts’ forecasts and trend analysis for each component. An average score in Stock Reports Plus is calculated by undertaking quantitative analysis of five key investment tools - earnings, fundamentals, relative valuation, risk and price momentum.
Economic Times

Hot Stocks: Brokerages on Polycab, Endurance Tech, Bikaji Foods and AstralPolycab India Share Price - about 8 hours ago
nvestec maintained a buy rating on Astral with a TP of Rs 2,370. The brokerage expects imposition of anti-dumping duty on PVC pre-September. Potential levy of anti-dumping duties on CPVC resin/compound in the $593-792/t range across countries.
Economic Times

​10 smallcap stocks delivered high dividend yields of up to 33% in last 12 months. Take a look​ - about 9 hours ago
The dividend yield is the annual dividend payment to shareholders expressed as a percentage of the stock's current price. According to an Axis Securities report, 10 small-cap stocks paid a dividend yield of up to 33% in the last 12 months. Here is the list:
Economic Times

Infosys, Indiamart Intermesh among 5 stocks with long buildup - about 9 hours ago
A long buildup occurs when there is an increase in open interest and trading volumes alongside a rise in the price of the underlying stock in the Futures and Options segment, indicating a bullish trend in the market. In Friday's trading session, five stocks experienced a buildup of fresh long positions. Here's the list:
Economic Times

Pakistan benchmark share index crosses 80,000 points, up 1.5% at record high - about 9 hours ago
Pakistan's benchmark share index surged 1.5% to a record high, surpassing 80,000 points for the first time in early trade on Friday, buoyed by optimism following the government's recent budget presentation.
Economic Times

Sebi orders Religare to apply for open offer before July 12Religare Enterprises Share Price - about 9 hours ago
Sebi directs Religare Enterprises to obtain approvals from all regulators by July 12 for Burman family's open offer to buy more shares. The regulator's order challenges Religare's management, led by Rashmi Saluja, who opposes the Burmans' bid to increase their stake in the company.
Economic Times

Stock Radar: Formation of flag pattern supports bullish outlook for Can Fin Homes; time to buy?Can Fin Homes Share Price - about 9 hours ago
Can Fin Homes Ltd remained range-bound in the last year, forming a Bullish Flag after a breakout from a Cup & Handle pattern in May 2023. Short to medium-term traders can consider buying the stock for a possible target above 1,000 once it closes above Rs 905.
Economic Times

Tech heavyweights drive Sensex over 150 points higher, Nifty above 23,600Wipro Share Price - about 9 hours ago
Indian benchmark equity indices opened higher led by information technology stocks after U.S. IT firm Accenture forecasted annual revenue growth above expectations.
Economic Times

TRADERS’ CORNER: A radiator maker and metal major, both for swing trade of close to 6% - about 10 hours ago
A midcap from different sectors getting for a short term swing trade.
Economic Times

Rs 7 lakh crore profit in 10 days! Why PSU stocks are rallying like Modi managed '400 paar'State Bank of India Share Price - about 10 hours ago
Investors initially skeptical of PSU stocks after BJP's election setback on June 4 have seen a reversal. PSU stocks, down 16% post-election, now lead a bull run akin to Modi's '400 paar' ambition. Mazagon Dock's 48% rise drove the BSE PSU index cap up by Rs 7.24 lakh crore in 10 sessions. RCF surged 33%, Cochin Shipyard 24.5%, HUDCO and MMTC 23%, with HAL, BEL, and BHEL also gaining.
Economic Times

Asian shares end the week with a whimper, yen struggles - about 11 hours ago
Asian shares end week with profit-taking as U.S. dollar strength pressures yen towards intervention zone.
Economic Times

Wall Street bucks global rally as bond yields rise - about 11 hours ago
Wall Street's rally, driven by Nvidia and AI enthusiasm, saw record highs. European stocks were boosted by tech and real estate sectors. The STOXX 600 and FTSEurofirst 300 indexes rose, reflecting market optimism.
Economic Times

Nvidia’s $2.1-trillion gain in 2024 bigger than Sensex 30’s m-cap - about 11 hours ago
Nvidia’s m-cap exceeds the m-cap of countries like France, Canada, Germany, and Australia.
Economic Times

Nvidia loses top spot to Microsoft after 3% drop - about 11 hours ago
Nvidia's shares declined, losing its title as the world's most valuable company to Microsoft. Nvidia's market capitalization dropped by $91 billion to $3.34 trillion, while Microsoft's value also decreased to $3.30 trillion.
Economic Times

BPCL bonus issue: Last day to buy shares to qualify before record dateBharat Petroleum Corporation Share Price - about 11 hours ago
BPCL had announced June 22 as the record date for its 1:1 bonus share issuance. Friday is the last day to buy shares to qualify for receiving the company's bonus shares. The bonus shares are expected to be credited to shareholders' accounts by July 8, as per a previous filing with the stock exchanges.
Economic Times

Realty sector sees debt sanctions of Rs 9.63 lakh crore during 2018-23 - about 12 hours ago
Real estate sector witnessed debt sanctions of ₹9.63 lakh crore during 2018-23, with a potential of ₹14 lakh crore in the next three years, per JLL India and Propstack report.
Economic Times

Stanley Lifestyles high on luxury quotient, raises Rs 161 cr from anchors - about 12 hours ago
Private equity-backed Stanley Lifestyles, the fourth-largest player in India's home furniture market, is set to launch a ₹537 crore IPO. The company's revenues have more than doubled, and net profit has grown significantly in recent years.
Economic Times

Wall Street’s $5.5 trillion triple-witching to test market calm - about 12 hours ago
This quarter’s expiration comes as implied volatility on S&P 500 options is holding near the lowest level since before the coronavirus pandemic, with the US benchmark index riding the surge in shares of Nvidia Corp. and other artificial intelligence-linked companies. The expiration coincides with index rebalancing, when S&P Dow Jones Indices shuffles company weightings and ETFs that track its gauges make similar adjustments.
Economic Times

Insurers asked not to advertise ULIPs as investment products - about 12 hours ago
IRDAI has directed insurers to refrain from promoting unit-linked and index-linked plans as investment products, issuing new guidelines for clear, accurate, and straightforward advertising of these products.
Economic Times

Foreign investors sell shares worth Rs 1,004 cr in PNB HousingPNB Housing Finance Share Price - about 12 hours ago
General Atlantic Singapore Fund Fii Pte and Asia Opportunities V (Mauritius) offloaded ₹1,004.29 crore worth of PNB Housing shares in a major transaction on the NSE. Selling 1.27 crore shares at ₹786 each, they reduced their holdings from 9.82% and 9.88% as of March 31. The buyers included Morgan Stanley Asia Singapore PTE and BNP Paribas Financial Markets, as PNB Housing shares closed lower by 5.43% at ₹794.4 amidst recent gains of 7.27% over the past month.
Economic Times

‘Mania’ could drive S&P to 6,000 before plunge, Stifel says - about 12 hours ago
Stifel, Nicolaus & Co. predicts a potential 10% rally for the S&P 500 Index this year, reaching 6,000 by 2024. However, Barry Bannister warns of a subsequent drop to 4,800 by mid-2026, erasing 20% of its value.
Economic Times

Stock Radar | Why Godrej Properties could hit fresh record highs in next few weeks: Kkunal V. Parar - about 13 hours ago
“On the daily chart, Godrej Properties stock has been consistently trading within a Broadening Rising Wedge formation for several days. Traders can buy for a target of Rs 3260-3580 in the next 1-2 months,” Kkunal V. Parar, Vice-President of Technical Research and Algo, Choice Broking, said.
Economic Times