Mumbai: Banks plan to collectively raise ₹40,000 crore in the second half for expansion. PNB, Union Bank, and others seek approval at AGMs, adhering to RBI norms. Analysts discuss government shareholding, PNB's sequential growth, fundraising plans, and premium valuations from Motilal Oswal, Dolat Capital, and Ashika Stock Broking for credit growth.

Stocks in Asia show mixed reactions to Trump's increasing chances of winning a second term after surviving an assassination attempt. Market volatility expected due to tariff threats. Federal Reserve Chair hints at possible interest-rate cuts. Investors remain focused on economic and earnings results despite shocking events.

HDFC Bank's stock hit a record high of Rs 1,791 on July 3rd following a strong June quarter business update, but then fell over 9% to Rs 1,624 by July 12th. The bank on 4th July said its gross advances registered 53% year-on-year growth at Rs 24.87 lakh crore in the first quarter. The same stood at Rs 16.3 lakh crore in the last-year quarter.

At 12:01 a.m. ET, the Dow Jones Industrial Average had risen by 328.71 points, or 0.82%, to 40,329.61. The S&P 500 gained 40.53 points, or 0.72%, reaching 5,655.88, while the Nasdaq Composite increased by 163.54 points, or 0.89%, to 18,561.98. The S&P 500 financials index surged 1.5%, with Goldman Sachs reaching a record high after its second-quarter profit more than doubled. In contrast, Macy's shares plummeted 12.9% following the termination of buyout discussions with Arkhouse Management and Brigade Capital.

This stock has skyrocketed 119% in the past year, leaving the Nifty's 25% gain in the dust. Year-to-date, it's up an impressive 81%, dwarfing the Nifty's 13% return.

Earlier in May, the company announced plans to raise up to Rs 8,500 crore to reduce its debt, with shareholder approval secured last month. Vedanta is currently engaged in several growth projects, aiming for a long-term capital expenditure of around $8 billion. For the current fiscal year, Vedanta's capital expenditure target is approximately $1.9 billion, marking an increase of over a third from the $1.4 billion spent last year.

Trump owns a majority stake in Trump Media & Technology Group, worth about $3.8 billion as of June 25 according to LSEG data, and it is the parent of social media platform Truth Social. The U.S. Secret Service is investigating how a gunman armed with an AR-style rifle was able to get on a nearby roof and shoot and injure the former president at a rally Saturday in Pennsylvania.

The company proposes to utilise the proceeds to the tune of Rs 273 crore to set up fibre-to-the-home (FTTH) network solutions, Rs 42.5 crore for setting up an additional 1,000 4G/5G telecom towers, Rs 30 crore for incremental working capital requirements and the balance amount for general corporate purposes in FY 2025.

Domestic benchmark equity indices logged record closing highs on Monday, led by gains in state-owned companies. The S&P BSE Sensex closed 0.18% higher at 80,665, while the NSE Nifty50 index ended above the 24,550 level."The near-term trend of Nifty remains positive. Having sustained above the hurdle of 24400 levels (1.618% Fibonacci extension), there is a higher possibility of further gradual upmove in Nifty towards 24950 levels in the next one week. Immediate support is at 24450," said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities.Here are 5 stock recommendations for Tuesday:

Out of the total votes cast, 78.83% were in favour of the resolution while 21.16% were against it.

Shares of Trump Media & Technology Group (TMTG) soared 35%. Trump owns a majority stake in the company, worth about $3.8 billion as of June 25 according to LSEG data, and it is the parent of social media platform Truth Social.

The benchmark S&P 500 index jumped about 4% in the reported quarter, boosting BlackRock's assets under management to $10.65 trillion, up from $9.43 trillion a year earlier and $10.5 trillion in the first quarter.

Wall Street's primary indices climbed on Monday as investors evaluated the potential for Donald Trump to secure a second presidential term following an assassination attempt.

State-owned Bank of Maharashtra is planning to raise Rs 5,000 crore in equity this year as part of a two-year strategy to pare the government stake to 75% to conform to the market regulation.

The Indian market closed higher on Monday for the second day in a row. The S&P BSE Sensex rose 145 points while the Nifty50 closed above 24,500.

Zomato co-founder and CEO Deepinder Goyal, who left an MNC job to start the food delivery platform in 2008, has joined India's growing but elite club of billionaires. The surge in the entrepreneur's net worth comes from a 4.2% stake in Zomato, the shares of which have grown over 300% in just two years. Watch!

Short covering refers to the buying of shares in order to close an existing short position or a position that has been sold. It signals a shift in view on security from extreme bearishness to bullishness. In Monday's trading session, five stocks saw top short covering. Here's the list:

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 Monday's trading session, five stocks witnessed a long unwinding. Here's the list:

The near-term trend of Nifty remains positive. Having sustained above the hurdle of 24,400 levels (1.618% Fibonacci extension), there is a higher possibility of further gradual up move in Nifty towards 24950 levels in the next one week. Immediate support is at 24,450, said Nagaraj Shetti of HDFC Securities.

The 30-share benchmark index jumped 145 points to settle at 80,665. The broader NSE Nifty gained 84 points to strengthen its hold above 24,580. From the Sensex pack, SBI, NTPC, and UltraTech Cement were the top gainers, rising 2-2.5%. M&M, Bajaj Finance, Tata Motors, and Maruti Suzuki also closed with gains

The Indian hospital sector market cap surged 9x from Rs 37,500 crore in FY20 to Rs 3.5 lakh crore now. At a time when the sector was grappling with inefficiencies, high leverage and low ROCEs, Covid provided a much-needed impetus. This came from improved pricing, higher insurance coverage and dedicated shift towards complex surgeries such as transplants.

The Indian hospital sector market cap surged 9x from Rs 37,500 crore in FY20 to Rs 3.5 lakh crore now. At a time when the sector was grappling with inefficiencies, high leverage and low ROCEs, Covid provided a much-needed impetus. This came from improved pricing, higher insurance coverage and dedicated shift towards complex surgeries such as transplants.

Phillip Capital maintains a sell view on IREDA, citing concerns over earnings growth not keeping pace with loan growth. Despite strong loan growth prospects, the company faces challenges in maintaining return ratios and credit costs.

Thanks to the fact that the auto industry has been going through a transformation even the auto ancillary sector is witnessing a major change. In the auto ancillary sector the companies and their management can be divided into 4 categories. First, companies who were quick enough to understand and started work on EV transformation year's back, even before auto majors announced their intentions. Second, companies which were late because the company to whom supplies were to be made itself was not clear its plan on EV space. Third, companies which were not able to anticipate that speed at which transition to EV would come. Fourth, companies who cannot make that transition because their products are not required in an EV. There is a sub category in this fourth one where some companies are making adjustments to stay relevant in EV space. So when looking at auto ancillary it is better to look at the whole picture, including whom the supplies are being made.

MM Forgings' 1:1 bonus share issuance is set for July 16, marking its golden jubilee. Eligible shareholders will receive one bonus share per share, credited by July 28. This, the fourth issuance, capitalizes Rs 24.14 crore from reserves. Q4 2024 saw revenue up 20%, profits up 36%, and shares surged 48%, per Trendlyne. Today is the last qualifying day.

In June 2024, Mutual Funds showed a strong optimism towards the IT sector. About 10 IT stocks were added in the portfolios of more than 5 MF schemes in the month of June as compared to the month of May, and the majority of these stocks have delivered promising returns in FY25 so far. ETMarkets specifically highlighted four stocks from this group that were added to over 10 MF schemes. Interestingly, all four of these stocks have achieved double-digit returns in FY25 to date. (Data Source: ACE Equity, ACE MF).

A rights issue occurs when a company asks its current shareholders to buy additional shares at a discount before a certain date. This gives shareholders the right, but not the obligation, to purchase new shares at a discount to the market price up to a specified future date.

Jio Financial Services shares rose 2% to Rs 355 on the BSE before Q1 FY25 results and RBI's CIC conversion approval. Q4 FY24 net profit was Rs 311 crore, revenue Rs 418 crore. FY24 net profit hit Rs 1,604 crore. Application to RBI in November 2023 after demerging from Reliance Industries Limited, RSI currently at 46.8 per Trendlyne data.

MRF, India's highest-priced stock, gained attention on Monday's BSE session due to reports of a price increase effective July 18. This led to a surge in tyre stocks: JK Tyre & Industries rose 13%, CEAT jumped 7%, Apollo Tyre gained 5%, and MRF shares increased 4% to Rs 1,34,281.

The insurance industry in India is gearing up for the Union Budget with expectations for tax reforms, universal health schemes, and social security measures. Collaborative efforts and proactive risk management strategies are highlighted as crucial for creating a financially secure and resilient India.

As NDA 3.0 prepares for the upcoming budget, Finance Minister Nirmala Sitharaman faces the task of balancing economic growth with political demands. Strong economic indicators allow for potential tax relief for the middle class and increased welfare spending.

Aurobindo Pharma board meeting on July 18, 2024, to discuss share buyback. Stocks hit Rs 1,394, a record. First-ever buyback. Shares soared 86% in a year, 27.3% YTD.

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 Monday's trading session, five stocks witnessed a build of fresh short positions. Here's the list:

India's real consumption is expected to reach Rs 70 trillion by 2025, driven by demographics and rising incomes. By 2030, consumer spending may hit $4 trillion. Agriculture sees 6% growth, with budget support. Manufacturing and infrastructure expand through policies. The 2024 budget, at Rs 47.66 trillion, allocates 3.3% of GDP to infrastructure, smart cities, highways, and logistics parks.

India's capital markets' resilience mirrors the T20 World Cup win. Market capitalization surpasses USD 5 trillion with 160 million Demat accounts. Mutual fund equity assets support BFSI and automotive earnings. The Modi-led government ensures economic momentum and infrastructure development. The Union Budget is critical for growth. Apollo Hospitals and Hindalco anticipate superior EBITDA growth.

One of the primary reasons traders lose money is the absence of a clear trading strategy. According to research by Bloomberg, over 80% of day traders quit within the first two years, often due to insufficient strategies.

Small & midcap funds outperformed Nifty50 in June 2024, with PMS managers advising caution due to stretched valuations. Top performers achieved 14-24% returns. Fund managers express confidence in stock selection. Small & midcaps have surged in the past year, outperforming largecaps. InCred Multicap portfolio delivered a 14% return.

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 Monday's trading session, five stocks experienced a buildup of fresh long positions. Here's the list:

Jio Financial Services shares rose 2% to Rs 355 on the BSE before Q1 FY25 results and RBI's CIC conversion approval. Q4 FY24 net profit was Rs 311 crore, revenue Rs 418 crore. FY24 net profit hit Rs 1,604 crore. Application to RBI in November 2023 after demerging from Reliance Industries Limited, RSI currently at 46.8 per Trendlyne data.

The 41-year-old Goyal, who studied Mathematics and Computing at IIT Delhi, owns about 36.95 crore shares in Zomato. The new-age stock zoomed over 4% in Monday's session, on the back of an increase in platform fee, to a fresh all-time high of Rs 232.

Tanla Platforms' shares surged 13% to Rs 1,080 after partnering with Meta-owned WhatsApp to deploy Wisely ATP against fraud, in line with the telecom regulator's AI mandate.

Shares of IREDA rallied 9% to a fresh 52-week high of Rs 310 on BSE after the company reported a net profit of Rs 384 crore for the quarter ended June 30, 2024, compared to Rs 295 crore in the year-ago period.

BHEL broke out from a narrow consolidation range since May 2024 on daily charts, signaling potential for new 52-week highs. Experts suggest short-term traders consider buying with a target of Rs 365 in the coming weeks. The scrip surged from Rs 93 on July 11, 2023, to Rs 332 on July 11, 2024, marking a 256% increase in a year.

Nifty50 hit a record high driven by IT stocks on U.S. rate cut hopes. HCL Tech and BSE Sensex rose. Nifty IT, Auto sectors rose; Private Bank, FMCG, Realty sectors saw cuts. HCL, SBI, Infosys, Tech Mahindra gained. Likely 25 basis point rate cut amid rising food prices.

Sensex and Nifty rose 5% last month, with markets largely flat pre-Budget. Historically, Nifty shows -0.3% pre-Budget and -0.5% post. Post-Budget, Nifty sees 5.7% average gain in one month.