Jupiter Wagons’ QIP floor price is Rs 689.47. Nestle declared an interim dividend. Govind Singh remains Utkarsh SFB CEO. Godrej Consumer grew in Q1. Bandhan Bank launched trade products. JSW Steel targets net zero by 2050. Maruti delivered 2 million cars by rail. RailTel suggested FY24 dividend. Preeti Engineering started QIB. Mphasis goes ex-dividend. PG Electroplast stock split.

Asian markets rise ahead of Powell's testimony and US earnings season. Investors eye Fed's rate cut outlook and China's policy meetings. Bond markets react to PBOC actions. S&P 500 hits new high. Earnings season expectations increase. Oil stable amid Hurricane Beryl. Gold rebounds from previous losses.

Over the past year, HAL shares have surged 197%, rising from Rs 1,867 on July 5, 2023, to Rs 5,552 on July 5, 2024. Post reaching a high of Rs 5,585 on June 19, 2024, the stock experienced a slight pullback but continued its upward trajectory. It found support above the 5-day moving average, and a buy signal was triggered by the Supertrend indicator on June 18, 2024, suggesting sustained momentum.

The entry of Taiwanese chip giant TSMC into the elite club of the world's most valuable companies is further proof that the generative AI revolution is shaking up Wall Street. The top ten of the world's most valuable companies is headed by Microsoft and Apple, closely followed by AI chip designer Nvidia.

The slower-than-expected June US job growth, as revealed in Friday's nonfarm payrolls report, has strengthened expectations of interest rate cuts as early as September. While investors seek further clarity on the Federal Reserve's monetary policy path, traders are now pricing in a higher probability of a 25-basis-point cut in September and a total reduction of approximately 50 basis points for the year.

The interim dividend for the financial year 2024-25, along with the final dividend for the 15-month period ending March 2024, will be distributed starting August 6, 2024. Shareholders listed on the company's register or as beneficial owners with depositories on the record date of July 16th will receive the payment.

This railway stock has skyrocketed 319% in the past year, significantly surpassing the Nifty's 25% gain during the same period. The stock's impressive performance has continued into 2024, with a 126% return so far.

New Sebi rules now permit equity-oriented ETFs and index funds tracking widely followed and non-bespoke indices to invest in accordance with the weightage of the constituents of the underlying index, subject to an overall cap of 35% of net asset value of the scheme in the group companies of the sponsor

Damani has increased his stake in VST Industries by 2%, bringing his total shareholding to 34.7%. At the end of the March quarter, he held approximately 32.7% in the company. Conversely, the ace investor reduced his stake in Blue Dart by 0.1%, lowering his holding to about 1.3% at the end of June 2024, down from 1.4% in March 2024.

RKN Enterprises, a part of Godrej Enterprises Group, on Monday sold shares worth Rs 3,803 crore in Godrej Industries Ltd to members of Godrej Industries Group as part of the Godrej family settlement announced in April. According to the block deal data available on the BSE, RKN Enterprises offloaded a total of 4,25,83,272 shares, amounting to a 12.65 per cent stake in Godrej Industries.

Stock market benchmark indices Sensex and Nifty ended almost flat on Monday amid a lackluster trade as investors preferred to stay on the sidelines in the absence of any fresh trigger. Weak cues from Asian markets also added to the muted trend in domestic equities.After beginning the trade on a weak note, the 30-share index declined 36 points or 0.05% to settle at 79,960. The NSE Nifty dipped 3.30 points or 0.01 per cent to 24,320."The short term trend of Nifty continues to be positive. There is a possibility of continuation of this range movement for the next 1 or 2 sessions before witnessing further upmove above 24,400 levels. A sustainable move above the key hurdle of 24,400 levels could open a sharp upmove for the market ahead," said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities.Here are 5 stock recommendations for Tuesday:

The introduction of a CNG model aimed at a rapidly expanding market segment is expected to boost the company's domestic motorcycle sales, which accounted for almost 60% of its total motorcycle sales in the last fiscal year.

At 9:32 a.m. ET, Dow e-minis were up 233 points, or 0.59%, S&P 500 e-minis were up 10.25 points, or 0.18%, and Nasdaq 100 e-minis were up 7.25 points, or 0.04%.

RailTel Corporation of India's board of directors on Monday recommended a final dividend at Rs 1.85 per equity share for the financial year 2023-24.

Nifty's short-term outlook remains positive, with a potential range-bound movement in the coming sessions. However, a decisive move above 24,400 could spark a significant market rally, according to HDFC Securities' Nagaraj Shetti.

Multiple Zerodha users on Monday took to social media to complain about tech glitches related to placed orders. While the broker updated that the glitch has been fixed, investors expressed their anger on social media.

Short covering refers to buying of shares in order to close an existing short position or a position that has been sold. Short covering signals a shift in opinion about a 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:

Kotak Mahindra Bank, ICICI Bank, IndusInd Bank and Federal Bank closed in the green while some selling was seen in PNB, IDFC First Bank, Bank of Baroda and AU Small Finance Bank.

Ace Investor Dolly Khanna has raised her stake in smallcap counter Selan Exploration Technology in the quarter ended June 30, 2024 by 53 bps over the March quarter to 1.56%. Her holding in this oil & gas exploration and production company stood at 1.03%.

There were no casualties and the fire has been contained, said Farrukh Khan, chief executive officer at Pakistan Stock Exchange. The situation is under control and employees have been allowed to get back into their offices, the exchange said in a statement.

Profit-taking, weak Asia cues drag markets lower. ITC, RIL gains were not enough to counter HDFC Bank, Titan drag. In sectoral performance, Nifty Bank, Auto, Media, Metal, Pharma, Realty, and Consumer Durables ended lower, while Nifty FMCG, IT, and Oil & Gas closed higher. Among individual stocks, PC Jeweller surged to lock in the 10% upper circuit after receiving approval from Punjab National Bank (PNB) for a one-time settlement of its outstanding dues.

Just before the election results were announced, some domestic and foreign brokerages came out with a report about a set of stocks which were called Modi stocks. The number varied from 50 to 55 stocks. The reason why they were called modi stocks was the fact that these stocks were from sectors which were expected to get renewed policy push once the third term of the Modi government started. This list had stocks which would power data centers, which is essentially an AI play to green energy stock to PSU stocks from sectors which were getting strong policy push. But then political arithmetic turned different and everybody forgot about them. One month later, if one looks at them, it is clear that while the term “ Modi stocks” might be off the headline, in terms of performance, the picture is very different from what most have been thinking. It is far better and there is a high probability that it might get better.

Rekha Jhunjhunwala trimmed her stake in Raghav Productivity Enhancers to 4.98% by June 30, 2024. The stock surged 70%, outperforming Nifty, and trades above SMAs.

HSBC raises Titagarh Wagons target to Rs 2,000 due to metro contracts and Indian Railways modernization. Despite 5% Q1 FY25 profit growth, a 28% CAGR shows robust potential. Industry seasonality impacts 16% year-on-year IR's wagon additions. A 45x P/E, JVs, and 74% stock surge strengthen Titagarh's promising outlook.

Adani Wilmar saw a 4.4% rise in shares on BSE following a 13% YoY volume growth in June 2024. The company's branded exports also increased by 36%, driven by strategic market-specific initiatives. Adani Wilmar, a major player in the FMCG industry, continues to focus on expanding its product portfolio and market presence.

The Nifty Infrastructure index has risen by approximately 27% in CY24. An ETMarkets analysis reveals that 17 out of 31 Nifty Infrastructure stocks have outperformed the index. We have highlighted 9 stocks that have gained between 40% and 110% in just over six months of CY24, with Cummins India leading the list as a multibagger. (Data Source: ACE Equity)

The stock fell 20% for two consecutive days after January 31, when the Reserve Bank of India imposed restrictions on Paytm Payments bank including accepting fresh deposits and doing credit transactions. On March 11, the RBI barred Paytm Payments Bank from onboarding new customers.

SBI has urged for income tax parity on bank FDs in Budget 2024, highlighting that bank credit growth outpaced deposit increases by Rs 2 lakh crore in FY24. Currently, equity and MF short-term capital gains are taxed at a flat 15%, while long-term gains enjoy a moderate 10% rate with exemptions up to Rs 1 lakh. Loss carry-forward provisions add to the attractiveness of these investments.

Several top brokerages have initiated coverage on a range of stocks, identifying up to 27% upside potential. ETMarkets has compiled a list of these 10 stocks. Here's the full list:

Railway stocks, including RVNL and IRFC, reached new peaks before the upcoming Union Budget. Positive sentiment surrounds RVNL after signing MoU with DMRC. Other companies like Texmaco Rail and RailTel also saw significant gains. Finance Minister to present budget on July 23, with focus on targeted spending.

AU Small Finance Bank's shares declined by 4.25% to Rs 644 on the BSE following a slight 0.4% QoQ decrease in total deposits, totaling Rs 97,290 crore for Q1 ended June 2024. Conversely, CASA deposits rose by 1.8% QoQ, reaching Rs 32,034 crore in Q1 FY25 from Rs 31,456 crore in the previous quarter.

Dabur India and Marico witness stock price surge following positive Q1 updates. Dabur anticipates single-digit growth with focus on India and international segments. Marico reports uptick in volume growth and strategic collaboration with Kaya. Global brokerage firms maintain ratings and set target prices for both companies.

PC Jewellers' shares surged 10% to Rs 56.2 in Monday's BSE trade following approval from PNB for a one-time settlement of its dues. The OTS terms include cash and equity components, release of securities, and mortgaged properties. However, specific details regarding outstanding dues with other banks and OTS specifics were not disclosed.

The IT industry anticipates a slow start to the year with concerns over weak first-quarter performance. Mid-tier companies may see growth opportunities in 'pre-GenAI' spending. Margins are expected to be stable amid macro uncertainties. TCS and Cyient are highlighted as potential investment options.

Nestle India declares an interim dividend of Rs 2.75 per share for eligible shareholders. The company's standalone net profit increases by 27% YoY.

Investor Ashish Kacholia raised his stake in Dhabriya Polywood to 6.67% in June. The microcap company, valued at over Rs 400 crore, manufactures PVC doors and saw its stock rise 200% in two years. RSI is 71.7, indicating overbought status. MACD at 14.5 indicates a bullish trend.

Amid investor concerns over potential fiscal policy shifts towards welfare spending, Goldman Sachs holds a contrary view, citing limited fiscal room due to high public debt. They emphasize India's infrastructure improvements, suggesting policymakers may prioritize sustained growth over short-term boosts.

Crude oil prices rose 6% in June due to OPEC+ production cuts and US summer fuel demand. WTI, Brent, and MCX futures gained. Geopolitical risks, hurricanes, like Hurricane Beryl, influenced prices. Energy agencies predict slower oil demand growth and surplus amid energy transitions. China's and India's demand are key. Fed rate cut decisions also impact oil markets.

Titan Company's shares dropped 4% on Monday due to lower-than-expected business growth, prompting target price cuts from global brokerages. The company reported varied performance in different divisions, with challenges like high gold prices affecting consumer demand.

Several top brokerages have initiated coverage on a range of stocks, identifying up to 27% upside potential. ETMarkets has compiled a list of these 10 stocks. Here's the full list:

Investing in ETFs tracking Nifty50, including Nifty50 Value 20, provides long-term stability and tax efficiency. Large Cap ETFs use market capitalization to minimize risks, with periodic rebalancing for optimal performance. Brokerage platforms facilitate investments, supporting margin trading. These strategies leverage blue-chip stocks, particularly beneficial in broad-based or bull markets, with dividend yield enhancing stock selection.

The BSE Sensex was trading 170 points, or 0.21%, lower at 79,829. The Nifty50 was down 24 points, or 0.1%, trading at 24,300 around 9:20 am.

Domestic markets had yet another week of breaching all-time highs on buying in heavyweight stocks in the run-up to the Budget. Looking forward, analysts say the market direction will largely be influenced by upcoming earnings reports and discussions on the Union Budget. Global market trends, particularly the robust performance of US markets, will also be closely watched. In this setup, here are 5 stocks that you can consider buying for robust returns in the short term.

Wipro, a key player in the Indian IT industry, has seen a significant uptrend, hitting a fresh record high after a strong rally. Experts suggest short-term traders consider buying the stock with a target of Rs 590 in 1-2 months, backed by positive technical indicators.

Nomura reaffirms a buy rating on Bajaj Auto, setting a target price of Rs 10,207. They highlight the CNG bike's premium design, potentially creating a new market segment. Expected sales of 5-10K per month by year-end, though limited by CNG pump wait times.

The BSE Sensex was trading 170 points, or 0.21%, lower at 79,829. The Nifty50 was down 24 points, or 0.1%, trading at 24,300 around 9:20 am.

Momentum is back in select large cap stocks.

NSE Nifty hit a record for the third session, Sensex fell below 80,000. Stocks: Raymond (+10%), RBL Bank (-1.28%), AstraZeneca India (-3.77%). Pravesh Gour of Swastika Investmart noted Raymond's bullish flag formation with MACD and RSI support. Demand zones and support levels for RBL Bank and AstraZeneca India were also provided.

Regulator Sebi expresses concern over unresponsive PMS firms in the market. Compliance issues and potential misuse of licenses highlighted. APMI maintains communication with compliant members. Sebi closely monitoring the PMS sector with a dedicated team. Further developments expected in this industry.