Tata Technologies' shares fell 2% after reporting a 15% YoY drop in net profit to Rs 162.03 crore, affected by higher technology expenses. Revenue rose 0.9% YoY to Rs 1,269 crore. With VinFast exit, Kotak advised Sell while JM Financial recommended Buy, forecasting growth through BMW JV, 5 deal wins, resilient margins, education business, and resumed projects.

On Friday, LSEG's Workspace experienced a global outage during the Asian session, stopping news publication due to a technical issue. Despite normal operations at the London Stock Exchange, currency pricing at 0600 GMT was disrupted. A London-based trader noted severe financial sector impacts. LSEG, serving a global audience, is investigating and was unavailable for Reuters' comment.

Investing in equity mutual funds comes with market volatility. Understanding standard deviation helps gauge risk. Protecting downside is crucial for long-term wealth creation.

The shares of Damani’s portfolio stock VST Industries soared 17% to its new all-time high of Rs 4,829.95 after the company announced that it will consider issuing bonus shares in its upcoming board meeting on July 25.

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:

A short buildup is when there is a rise in open interest and volumes along with a decrease in the price of the underlying stock in the Futures and Options segment. Short buildup means more people are expecting the prices to go down and creating short positions. In Friday's trading session, five stocks witnessed a build of fresh short positions. Here's the list:

JSW Infrastructure shares fell 7.4% to Rs 311 due to an 8% profit drop to Rs 296.55 crore amid higher expenses.

Focusing on boosting growth and on stability through continuing emphasis on infra and consumption inducing measures, domestic brokerage firm Anand Rathi believes that the Budget is likely to be positive for Indian equity.Consumer and infra/capital goods sectors are likely to be the main beneficiaries. Despite the likely acceleration of revenue spending and the continued high growth in public capex, with favourable receipts, fiscal consolidation is likely to continue.Here are top picks for the Union Budget by Anand Rathi across sectors:

Persistent Systems shares fell 7% after reporting a 2.8% profit decline in Q1FY25, despite a 34% YoY PAT rise. Revenue grew 18% YoY. Orders hit $462.8 million TCV, $337.3 million ACV. CEO Kalra praised 17 growth quarters, AI services. ISG ranked them a leader. Stock rose 80% last year, 26.60% YTD. Considering QIP on July 23. SpiceJet capital raise.

Sahaj Solar saw a successful listing on the NSE SME platform, starting at a premium of 90%. The company's IPO was oversubscribed by 472 times, indicating strong investor interest. With a focus on renewable energy solutions, Sahaj Solar aims to meet working capital needs and expand its operations.

The booming PSU stocks market, which has seen remarkable returns, is now under scrutiny as the Budget approaches. Potential stake divestments in low-float companies could impact prices. Experts caution about high valuations and advise vigilance amidst market uncertainties.

SpiceJet announced plans to raise fresh capital through a Qualified Institutional Placement (QIP), subject to regulatory and shareholder approvals. The move aims to issue eligible securities to qualified institutional buyers as per SEBI regulations. Post the announcement, SpiceJet's shares surged approximately 4% to Rs 58.

American investor and mutual fund manager Peter Lynch is best known for growth at a reasonable price approach to investing. Lynch is often associated with the PEG ratio which measures PE ratios in relation to growth rates. MarketSmith has created a custom screen based on Lynch's investment style, which identifies securities that are trading for below-average prices on a PE or PEG basis and are not already widely owned by institutions.Here are 7 Indian stocks that match Peter Lynch’s approach to investing, as listed on MarketSmith:

Indian indices Sensex and Nifty50 peaked at record highs of 81,587 and 24,850 before dropping, dragged by energy and financial stocks. Sensex rose 146 points, Nifty50 gained 59 points. Infosys surged 3% post US share hike, boosting FY25 outlook. Tech Mahindra, Power Grid, Tata Steel, NTPC, JSW Steel lagged. HCL Tech, Asian Paints, HDFC Bank benefited from demand recovery.

Infosys shares surged 5% to a record high of Rs 1,843 on BSE following a 7% YoY increase in consolidated Profit After Tax (PAT) to Rs 6,368 crore for Q1 FY25. Brokerages raised the stock's target price in response. The results surpassed expectations, driven by revenue of Rs 39,315 crore, up 3.6% YoY.

Citi has maintained a neutral rating on Infosys but increased the target price significantly from Rs 1,550 to Rs 1,850. This suggests they expect the stock price to rise, albeit without a strong buy recommendation. The guidance for future revenue growth was revised to 3-4%, partly due to recent acquisitions.

There are two parts to what make the stock prices move the way they do. One is the actual performance of business. Second, expectations of the street on how the business will perform. Sometimes expectations go much ahead of the time. The result, a painful period where the readjustment of expectations takes place and during that period even the valuation may come down. and also valuation. Whether the readjustment of expectations is over or not is reflected in the reaction of the street around the time of quarterly results. While it did not make it to headlines, there has been a clear change in the stance for IT stocks post election results. It is probably the result of the Infy which might change the narrative for the sectors.

Dividends are paid to shareholders whose names are listed on the record date in the company's database. With the T+1 framework, the record date typically aligns with the ex-date, except when a market holiday follows the ex-date. Shareholders who buy the stock at least one day before the ex-date qualify for dividends, settled the next day.

Old guys are back in momentum action

Stock markets hit new highs as Sensex crosses 81,000 and Nifty tops 24,800. Expert opinions on Bajaj Auto, Ultratech, and KEC International provide insights for investors. Recommendations include price targets and stop loss levels for risk management.

Several major companies, including Reliance Industries, Wipro, and Paytm, are set to announce their first quarter results today. Expectations range from profit growth to revenue declines across different sectors. Investors are advised to stay informed and watch out for key updates.

Eleven stocks including Balrampur Chini, Bandhan Bank, and GMR Airports are in F&O trade ban due to MWPL over 95% and OI data reported by Trendlyne. GNFC, HAL, Hindustan Copper, The India Cements, PEL, RBL Bank, SAIL, Vedanta included. Index traders unaffected. Ban reverses if OI falls below 80%. MWPL limits apply. Chambal Fertilizers exited.

Taipei-listed shares of TSMC dropped 1.79% at Friday's market open, despite the company raising its full-year revenue forecast and reporting a market-beating net profit for Q2, with Taiwan's main index opening down 0.73%.

InCred Asset Management, led by Bhupinder Singh, is closing the multi-cap AIF India Value Growth Fund I, returning ₹80 crore. Managed by Aditya Sood, the fund delivered 165.0% returns since September 2019. Steep valuations, increased 15-25% cash holdings ahead of Union Budget, and new investor warnings drove the decision. Market risks come from US economic conditions.

BSE Sensex hit 81,343.46, NSE Nifty 24,800.85, driven by large-cap IT stocks like Infosys, TCS, Wipro. Bank Nifty rose 0.4%, VIX gained 2.02%. Small and mid-caps saw profit-taking. Rajesh Palviya and Andrew Holland noted strong IT results. Infosys' Q1 results awaited. Union Budget on July 23 may further influence markets.

U.S. stocks dropped Thursday, with the Dow Jones down 1.29%. Tim Ghriskey noted a broad selloff from growth stocks, impacting Russell 2000 and Nasdaq. CBOE Volatility index rose. Jobless claims increased, aiding inflation control. Healthcare declined, energy gained. Philadelphia SE Housing index soared; D.R. Horton +10.1%, Domino's -13.6%, Warner Bros split plan, Netflix fell.

TSMC raises revenue forecast due to AI chip demand, rejects U.S. joint venture. Profits exceed expectations. Company investing in new plants globally. CEO expects tight capacity until 2026. Strong smartphone and AI demand projected for next quarter.

“HDFC AMC stock has broken out of a rectangle formation on a smaller time frame, suggesting a continued positive direction. Traders can buy for a target of Rs 4370-4630 in the next few weeks,” Kkunal V. Parar, Vice-President of Technical Research and Algo, Choice Broking, said.

Asian and US stock markets experience a decline as economic concerns outweigh optimism from interest-rate cuts. Chip stocks show signs of recovery after US-China trade tensions. Investors await updates on market trends and economic data releases.

Nifty50 reaches 24,800; RIL, Wipro, Infosys, Tata Technologies reveal first-quarter results. Vodafone Idea issues Rs 615 crore in equity shares. Infosys records 3.6% revenue growth, broad-based in constant currency. Tata Technologies' profit falls 15%. CIE Automotive earns Rs 217 crore. JSW Steel's results await.

After a period of mild consolidation since February 2024, HDFC AMC's stock broke out of its range in early July, forming a Rectangular pattern on the daily charts. This breakout propelled the stock to an all-time high of Rs 4,295 on July 15th. However, it then experienced a slight consolidation as it retested the crucial support level above Rs 4,000.

The Dow Jones Industrial Average was down 257.34 points, or 0.62%, at 40,940.74, the S&P 500 was down 37.93 points, or 0.68%, at 5,550.34. Traders slightly raised bets on a 25-basis-point rate cut from the Federal Reserve by September to over 95%, according to CME's FedWatch, despite much stronger than expected manufacturing data from the Federal Reserve Bank of Philadelphia.

Stock markets remained on record-smashing course for the fourth straight day on Thursday with benchmark Sensex breaching the 81,000 mark for the first time and Nifty scaling the record 24,800 level driven by buying in IT, oil & gas and FMCG shares. Rebounding from its early lows, the 30-share index rose by 626.91 points or 0.78% to settle at a fresh closing high of 81,343.46. The broader Nifty also pared early losses and climbed 187.85 points or 0.76% to settle at an all-time closing high of 24,800.85. "Nifty remained volatile during the session, engulfing Tuesday's Doji pattern. The trend and momentum remain positive, with the index staying above critical short-term moving averages and a positive crossover in the daily RSI. In the short term, the trend is likely to remain positive as long as the index stays above 24,500. On the higher end, the current trend might take the index towards 25,000 in the near term," said Rupak De of LKP SecuritiesHere are 4 stock recommendations for Friday:

Vi added that following this allotment, the telco’s paid-up share capital stands increased to Rs 684,540,864,730, comprising 68,454,086,473 equity shares of the face value of Rs 10 each.

Short covering refers to the buying of shares to close an existing short position, signaling a shift from extreme bearishness to bullishness. In Tuesday's trading session, five stocks saw short covering. Here's the list:

“Today's rating action reflects IndusInd's improved financial metrics and our view that India's strong operating environment will continue to support the bank's credit fundamentals over the next 12-18 months,” the agency said. “IndusInd's profitability has improved, supported by lower credit costs and stable net interest margin, while its asset quality is stable and its strong capital remains a key credit strength.”

The report said most of the group's debt of about $39 billion as of March 31 could remain with the pay-TV networks business if Warner Bros Discovery breaks up.

The fund house manages assets worth Rs 8.11 lakh crore as of June 2024. It has 255 mutual fund schemes in its portfolio. Here are the top 10 stock holdings of the fund house, according to a report by Motilal Oswal Financial Services.

A short buildup is when there is a rise in open interest and volumes along with a decrease in the price of an underlying stock in the Futures and Options segment. Short buildup means more people are expecting the prices to go down and creating short positions. In Tuesday's trading session, five stocks witnessed a build of fresh short positions. Here's the list:

The Indian market recouped initial losses to hit fresh record highs on Thursday. The S&P BSE Sensex rallied over 600 points while the Nifty50 hit 24,800 levels.The S&P BSE Sensex hit a record high of 81,522 while the Nifty50 recorded a life high of 24,837 in intraday trade on Thursday.

Indian benchmark equity indices recovered from a weak start to end at record closing highs on Thursday, led by IT stocks as LTIMindtree's better-than-expected results added to expectations of a turnaround in the sector's fortunes. Meanwhile, in Thursday's trading session, six stocks from the Nifty50 index hit new 52-week highs. Here's the list:

The company's upgrade follows a Bloomberg report that revealed plans to significantly increase investment in its southern India trans-shipment container port to Rs 100 billion. This ambitious move aims to attract some of the world's largest ships, according to sources familiar with the matter.

Vodafone Idea has approved the allotment of 41.52 crore shares worth Rs 615 crore to Nokia and Ericsson at Rs 14.80 per share.

Following a strong Q1 performance and positive momentum in financial services deals in North America, the company has revised its FY25 revenue growth guidance upwards, projecting a 3-4% increase in constant currency, compared to the previous 1-3% estimate. This upward revision reflects increased confidence in the company's outlook for the remainder of the fiscal year.

The Dow Jones Industrial Average fell 41.52 points, or 0.10%, at the open to 41,156.56.

From LTCG exemption limit to the new tax regime, here is what the tax industry is expecting from Modi 3.0's budget 2024. Take a look.