In 2024, global elections spark an anti-green trend affecting ESG investments. Marine Le Pen and Trump's influence reshape the environmental landscape. Utility stocks gain prominence amidst shifting policies and investor sentiments.

The other five companies that have reached the $100 billion market capitalisation milestone are Reliance Industries, Tata Consultancy Services, HDFC Bank, Bharti Airtel, and Infosys. Notably, Infosys reached this milestone in January 2022 but could not maintain that level for long.

FedEx anticipates strong profits in fiscal 2025, considering strategic actions like potential freight business sale and ending the unprofitable postal service contract. Despite market challenges, FedEx's revenue grew amidst cost-cutting measures and operational consolidation, reflecting the company's resilience and focus on long-term sustainability.

Rivian secures vital funding through Volkswagen's investment, enabling the launch of new EV models. The partnership signifies a significant step towards technological advancement and financial sustainability in the competitive electric vehicle market.

Short sellers have profited significantly from Nvidia's recent decline, with gains peaking at $2.40 billion in a single day, showcasing the impact of market dynamics on the AI chip designer's stock.

Rakesh K Verma, promoter of CE Info Systems, plans to divest a 0.9% stake worth approximately 115 crore through a block deal. JM Financial has set a floor price of 2,293.20 per share, marking a 5% discount to Tuesday's closing price of 2,413.

Ashok Soota, a promoter of Happiest Minds Technologies, sold 91.3 lakh shares in a BSE bulk deal worth 762.8 crore at 834.87 apiece, reducing his stake by 6% from the company's total equity, where he previously held 38.34% as of March 31, 2024. The company's shares fell 9.44% to 830.45 at Tuesday's close.

"We expect the market to maintain its positive momentum as we draw nearer to the event. Globally, investors would track US Consumer confidence data," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.

“Apollo Tyres stock recently experienced a steep correction, falling from its 52-week high of 557.90 towards 429 levels on the back of profit booking at higher levels. Traders can buy for a target of Rs 550 in the next 6-7 weeks,” Shitij Gandhi, Senior Technical Analyst, SMC Global Securities, said.

The BSE benchmark ended at 78,053.52, up 712.45 points or 0.92% after hitting its lifetime high of 78,164.71. NSE's Nifty rose 183.45 points or 0.78% to a close at a record 23,721.3. The index hit an all-time high of 23,754.15 during the day.

Agarwal has been seeking to slash the group's debt burden. London-listed Vedanta Resources reduced its net debt to $6 billion in FY24 from $9.7 billion in FY22. The company aims to cut it to $3 billion over the next three years. Vedanta Resources has long-term debt maturities of $900 million in FY25 and another $900 million in FY26.

In March 2024, India's external debt reached $663.8 billion, showing a $39.7 billion increase from the previous year. The valuation effect and a decline in short-term debt share contributed to this change, with debt service ratio rising to 6.7% of current receipts. Additionally, the ratio of international financial assets to liabilities increased to 74.0%.

My 2023-24 remittances were influenced by migration trends, job opportunities, and costs, with the US as the primary source. India remained the top recipient, fueled by IT professionals moving to North America and Europe.

The business is housed under wholly owned subsidiary Adani Airport Holdings, which currently owns seven operational airports, in Mumbai, Lucknow, Ahmedabad, Jaipur, Guwahati, Thiruvananthapuram and Mangalore. Phase I of city-side development across 98 acres at airports in Mumbai, Ahmedabad, Jaipur, Lucknow and Guwahati has begun.

Functional committees are the member committee, nomination and remuneration committee, oversight committees, standing committee on technology regulatory oversight committee, and risk management committee and investment committee.

State-owned Punjab & Sind Bank has signed an initial agreement with the Indian Army on defence salary package which will come with a host of facilities, including free insurance cover.

“These stocks have either reversed from a long-term support or made a multiyear breakout retest which make them quite safe as compared to the stocks which are witnessing a breakout which can fail if the markets correct,” said InCred’s VP, Gaurav Bissa, in a client note.

Nvidia's shares finished at $126.09, after a tumble that saw them lose around 13% from their June 18 close of $135.58. The drop followed a rally that accelerated after a 10-for-1 stock split that took effect on June 10.

RBI has to navigate its path towards the 4% inflation target with a "clear and unambiguous focus and (its) commitment to bring down the inflation to 4% cannot be any wavering," Das said in a speach at the Annual General Meeting of local industry lobby group Bombay Chamber of Commerce and Industry.

The other five companies that have reached the $100 billion market capitalisation milestone are Reliance Industries, Tata Consultancy Services, HDFC Bank, Bharti Airtel, and Infosys. Notably, Infosys reached this milestone in January 2022 but could not maintain that level for long.

Experts suggest buying this tyre stock, targeting Rs 550 in the coming weeks. After hitting a 52-week high in February, the stock rebounded from the 200-day exponential moving average in March and June, also reclaiming its 50-day moving average, indicating renewed momentum.

AI chip firm Nvidia soared 6%, recovering some of the steep losses it had notched in three consecutive declining sessions. At current levels, the stock is still 12% away from last week's record high. The Dow pulled back from a one-month high hit on Monday, while the small-cap Russell 2000 index also lost some steam.

Benchmark Sensex breached the historic 78,000 level for the first time while Nifty settled at a new record high on Tuesday on buying in blue-chip bank stocks and Reliance Industries. The 30-share index jumped 712.44 points to settle at a new closing peak of 78,054. The Nifty went up by 183.45 points or 0.78 per cent to settle at a fresh record high of 23,721.30. "On the daily charts we can observe that Nifty witnessed follow through buying interest. The consolidation of the last ten trading sessions is breaking out on the upside and trending moves are likely to begin. Thus, we shall continue to ride the up move till there is weakness on the price front," said Jatin Gedia – Technical Research Analyst at Sharekhan by BNP Paribas.Here are 7 stock recommendations for Wednesday:

Nvidia Corp. shares showed signs of steadying after a $430 billion selloff sent traders searching for signals as to where the bottom may be.

Goldman Sachs sells additional stake in RBA, the second within two weeks. On June 14, the firm sold shares worth Rs 43 crore at Rs 105.53 each, a 1.30% discount.

Nvidia short sellers have raked in nearly $5 billion in paper profits from the AI chip designer's sharp selloff over the past three sessions, according to data analytics firm Ortex Technologies.

HDFC Bank's recent market surge has propelled it to become the 18th most valuable bank globally, surpassing UBS. This intraday surge boosted HDFC Bank's market capitalization to over $162 billion, making it the second most valuable lender in India after ICICI Bank.

A transfer of Rs 2.11 lakh crore by the RBI implies excess receipts of about Rs 1.5 lakh crore in FY25, the MOFSL note said. MOFSL sees the new government largely retaining its tax and non-debt capital receipt (including disinvestment) projections as presented during the interim Budget in February.

The Dow Jones Industrial Average fell 12.42 points, or 0.03%, at the open to 39,398.79.

Nifty maintains positive momentum, poised for potential breakout towards 24,000 with immediate support at 23,550, says HDFC Securities analyst. According to experts, Nifty moved above 23,700 to make a new all-time high of 23,754, showing resilience amid global sluggishness.

The Indian market hit a fresh record high on Tuesday, tracking positive global and domestic cues. The S&P BSE Sensex rose over 700 points to close above the 78,000 mark for the first time while Nifty50 rallied nearly 200 points to end above 23,700.

The promoters proposed to sell 90,92,000 shares of the total issued and paid-up equity share capital. On June 26 (T day), Wednesday, the issue will open only for non-retail investors while for retail investors and those non-retail investors who choose to carry forward their unallotted bids from T day, on June 27, Thursday (T+1 day). Ambuja Cements held 60.44% stake in Sanghi Industries as on March 31, 2024.

Analysts view the central bank move as administrative in nature to ensure a smooth leadership transition in the Kolkata-based lender, but concerns over Bandhan Bank's asset quality perhaps kept investors anxious.

YES Bank intends to raise funds through the issuance of debt securities, potentially including non-convertible debentures (NCDs), bonds, or Medium Term Notes (MTNs). The bank's board approved this fundraising plan during a meeting on Tuesday, where they also finalized the draft notice for the annual general meeting scheduled for August 23rd. YES Bank's shares have surged 50% over the past year, significantly outperforming the Bank Nifty index, which gained 21% in the same period.

​HPCL, ONGC and Gujarat State Petronet (GSPL) are the only stocks with value in the Indian oil and gas sector, domestic brokerage firm Motilal Oswal stated in its report, noting that value trade has faded away in the sector.

Investors face volatility as Bitcoin and Nvidia suffer losses, emphasizing the need for market diversification beyond technology.

The performance across Nifty sectoral indices was mixed, with 6 out of 16 indices showing gains. Notable performers included Nifty Financial Services, Nifty IT, and Nifty PSU Bank. Conversely, sectors such as Nifty Auto, Nifty FMCG, and Nifty Metal faced declines. In the broader markets, the Nifty Midcap 100 dropped by 0.45% to 55,324.45, while the Nifty Smallcap 100 saw an increase of 0.21%, reaching 18,255.10.

The performance across Nifty sectoral indices was mixed, with 6 out of 16 indices showing gains. Notable performers included Nifty Financial Services, Nifty IT, and Nifty PSU Bank. Conversely, sectors such as Nifty Auto, Nifty FMCG, and Nifty Metal faced declines. In the broader markets, the Nifty Midcap 100 dropped by 0.45% to 55,324.45, while the Nifty Smallcap 100 saw an increase of 0.21%, reaching 18,255.10.

​Japan's Nikkei share average rose on Tuesday to its highest close in more than two months, as investors shifted focus to value stocks from semiconductor and other high-tech, while a weaker yen also lent support to export-related shares.

What is the deal with Quant mutual fund? Why is SEBI investigating it and what should you know as an investor? Quant MF front-running case decoded.

​Shares of HDFC Bank have rallied 13% so far in the month of June to hit day’s high at Rs 1,710 on BSE today, managing to erase all the losses incurred so far in the calendar year 2024.

With election results behind us, the focus of the street is on the first budget of this government. In the run up to the budget market may stay in range bound mode and post budget there could be a strong directional move. If that directional move is in upward direction, there is a high probability that mid caps would once again see another round of party. So, while being bullish, one should also be more careful in selecting the stocks. See if the company has a track record of paying dividends. While the dividends are ignored in general by investors and more particularly in a bullish market as the whole focus is on capital gains. The fact is that a dividend is a reflection of the underlying business and that is what one owns when one buys a stock. We take a look at 4 stocks, which on one hand have seen an improvement in their score in the last one month, plus they have outperformed nifty and they also meet the certain critical criteria on financial ratios.

Since 1999, in election years, Nifty has gained median 21% post-election outcome lows, till end of the year and such moves occur with 4-6% intermediate corrections which would offer buying opportunity. Nifty continues on the path of CY30 target of 50,000, according to a report by ICICI Direct Research, and the Nifty CY24 target is projected at 25,200. With this outlook, the domestic brokerage firm emphasizes its bullish stance across sectors along with their top picks. These are listed below:

ICICI Securities' technical analysis forecasts Nifty reaching 25,200 by December 2024, supported strongly at 22,200. Midcaps and smallcaps indices are in a structural uptrend, expected to gain over 16% by year-end.

​NSE’s index services subsidiary NSE Indices has launched 'Nifty Top 10 Equal Weight' index, which aims to track the performance of top 10 companies selected from the Nifty 50 based on free-float market capitalisation. All stocks in the index are equally weighted, an NSE release of Monday, said.

The smallcap stocks held by renowned investors like Mukul Agrawal, Vijay Kedia, and Dolly Khanna have displayed varying performance levels over the past year. These investments in companies such as Neuland Laboratories, Prakash Industries, and Shankara Building Products have been closely monitored for their profitability and stability.

Sebi is intending to advance the timing of terminating special rights, from the date of listing of IPO shares to the date of filing of updated DRHP.

There are 9 smallcap stocks favored by D-Street bulls and ace investors like Ashish Kacholia, Rekha Jhunjhunwala, and Vijay Kedia. These investments have demonstrated significant profitability over the past year.

15 companies show over 5,000% growth, turning Rs 1 lakh into Rs 50 lakh in 3 years. Diamond Power Infrastructure and Dhruva Capital Services lead with up to 84,000% returns. Expert advice urges caution and sector-specific focus for investors eyeing multibagger stocks.