Kalyan Jewellers has reported a nearly 31% YoY increase in consolidated revenue growth in the recently concluded quarter, with India operations seeing revenue growth of 34% over the same period last year. The company expects to launch 20 new showrooms across non-south markets before Diwali this year and is set to open its first FOCO showroom in the Middle East

As per our estimates among the Nifty constituents, select large companies - banks and autos have exceeded the net profit estimates. This performance was mainly attributed to the bank's loan growth and improved asset quality.

Stocks listed in the BSE 100 Index, including Bank of Baroda, BPCL, Dr Reddy's Labs, HDFC Life Insurance, HUL, IndiGo, IOC, Larsen & Toubro, Lupin, and M&M, hit new 52-week highs, showing investor confidence and market leadership. The data accessed at 1.10 pm is subject to real-time updates, and individual reports may differ.

Interested candidates can inspect the properties during July 17-21, Sebi said, adding that bidders should make their independent inquiries regarding the encumbrances, title of properties put on auction, and claims, among others, before submitting their bids.

The stock also closed below the lower Bollinger Band on the daily charts, which suggests weakness. Traders should avoid catching the falling knife and look to sell the stock for a downside target between Rs 300-400, suggest experts.

In the last many months when IT stocks came under pressure it was financial service stocks including banks which have been able to help the nifty recover. In fact after auto it has been the financial services stocks which has led to nifty touch new highs. On days when global markets are under pressure and the nifty is showing signs of out performance. A number of times this up move is led by financial service and bank stocks. We take a look at what analysts are saying for select financial service stocks.

The Nikkei has fallen 2.41% this week, after closing at a 33-year high on Monday. Since mid-March, it has rallied nearly 27%. After the rally of the past three months, I think many investors are selling to take profits," said Kenji Abe, a strategist at Daiwa Securities.

Party time for those who have invested in initial public offerings of IdeaForge Technology, as the company on Friday made its stock market debut with a sharp premium over its issue price. It listed on the stock markets at Rs 1,305 against its issue price of about Rs 672, thus accumulating 94 per cent listing gains for the investors. IdeaForge Techology, a startup incorporated in 2007, is into drone manufacturing. Here is what Founder, CEO, Ankit Mehta, and CFO, Vipul Joshi had to say about IdeaForge.

As per Trendlyne data, the average target price of Sobha stock is Rs 778, which shows an upside potential of 36% from the current market prices. The consensus recommendation from 15 analysts for the stock is a 'Buy'.

While the spike in global sugar price is a recent phenomena and has brought focus on the sugar stocks, the Indian sugar sector has gone through a transformation. Many may not know that the first attempt to mix ethanol with other fuels and achieve the twin objective of reducing oil import bill and helping industry was made even in the year 2001 but it did not succeed. As the underlying macro changes sugar companies are making a comeback on the analyst and some of them have seen more domestic institutional investor participation.

Various biofuels covered under this MoU include Sustainable Aviation Fuel (SAF), Ethanol, Compressed Bio-Gas (CBG), Biodiesel and Bio-bitumen among others, the company said in an exchange filing.

Logistic player witnessing a breakout and option strategy with a bullish bias.

While there is no doubt that this was a great opportunity for investors, and it has delivered some surprising returns, we would recommend that investors should book profits and exit their positions," said Anubhuti Mishra, Equity Research Analyst at Swastika Investmart.

The Nifty Auto index has rallied more than 3000 points in four months and scaled a record high of 15,471 points on Thursday. The sector has seen foreign inflows for six months in a row till June.

In a regulatory filing, after market hours on Thursday, Titan said it recorded revenue growth of 20% year-on-year (YoY) for Q1 with all key consumer businesses exhibiting double-digit growth in the June quarter.

Logistic player witnessing a breakout and option strategy with a bullish bias.

Sensex falls 200 pts, Nifty below 19,500; Titan rises 3%, Ashok Leyland drops 2%; Indian Oil Corporation, Tata Power, SJVN are some of the gainers in the morning trade.

There is improvement in demand trends, topline growth, and gross margins. Easing inflation is likely to expand margins after 1000 nine quarters decline. The management is optimistic about the outlook.

On the weekly options front, the maximum Call OI is placed at 19,500 and then towards 19,700 strikes while the maximum Put OI is placed at 19400 and then towards 19,500 strikes.

IdeaForge, India's leading drone maker, made a bumper listing in its stock debut, skyrocketing 94.21% to Rs 1,305.10 per share on BSE, while it debuted at Rs 1,300 on NSE. Despite expensive valuations, the drone maker attracted strong responses to its IPO offer, with subscription levels reaching 106 times at close. The company aims to utilise the proceeds from its fresh issuance mainly for working capital requirements and product development, among others.

The Futures Long Position Scan performed on Thursday revealed Aggressive New Long positions on 10 smallcap counters. This indicates a bullish sentiment in the market, as the average traded and delivered quantity for 5 days, the cumulative open interest, and the price of the stocks have increased. (Source: StockEdge)

"Higher treasury yields weighed on the tech sector, with Nasdaq receiving fresh drubbing. Also, escalating US-China tensions, and rising recession fears as Chinese data showing industrial activity weakened in June could dent market sentiment. Technically, Nifty may face a hurdle at the 195,77 mark, while any further escalation could push the index towards the 19,900-20,000 zone," said Prashanth Tapse of Mehta Equities.

While the headline valuation may not look very expensive, it could be misleading due to the large contribution of banks to overall profits of Nifty. A sectoral break-up of net profits of Nifty50 index across shows that the contribution of banks has gone up from 21% in 2022 to 27% in 2023.

In the Nifty200 pack, we have collated a list of seven stocks that witnessed a 5-year swing high at the close on July 6, suggesting bullishness in counters, according to stockedge.com's technical scan data. Take a look.A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant resistance point where the price has historically struggled to go beyond. This occurrence may be seen as a bullish sign, indicating the potential for further upward movement in the stock.However, it's worth noting that this is different from a 5-year breakout, which occurs when a stock's price surpasses a key resistance level that has held for five years.

In the NSE list of stocks, eight stocks with a market cap of over Rs 1000 crore are witnessing Golden Crossovers, according to stockedge.com's technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside. These stocks' 50-day simple moving averages (SMA) crossed their 200-day SMAs on July 06.

In the Nifty500 pack, nine stocks crossed above their 200 DMAs (Daily Moving Averages) on July 6, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be in an overall uptrend. Take a look:

Using the candlestick scanner, one can identify stocks where the bulls are currently ruling the roost, nonetheless the bears are quietly making a move. So, here are 4 leading stocks that established Bearish Harami Cross in trade on July 6, 2023. This pattern is indicative of an upcoming change in the current bullish trend. (Source: StockEdge).

ET Now spoke to various experts and here's what they have to recommend for today's trading session. Kunal Bothra has a buy/sell recommendation on Tata Chemicals and Bandhan Bank while Nooresh Merani has a buy/sell recommendation on Bosch and HUL for today's trading session. Check out the targets and stoploss.

Stocks that were in focus on Thursday include names like Hindustan Zinc, which gained 8.22%, Marico, which was down 2% and JSW Steel, whose shares rose 0.3%.

On the candlestick screener, a bullish reversal pattern helps identify stocks that can move up from a downward zone in the future. Here's a list of 3 stocks that have established a Bullish Harami pattern and hint at bullish reversal in the future. (Source: StockEdge)

GIFT Nifty on the NSE IX traded 61.5 points, or 0.31 per cent, lower at 19,488, signaling that Dalal Street was headed for negative start on Friday. Here's a slew of stocks that will be in focus today for various reasons.

Stocks that were in focus on Thursday include names like Hindustan Zinc, which gained 8.22%, Marico, which was down 2% and JSW Steel, whose shares rose 0.3%.

Despite a 42% share-price rally this year, the valuation is “still reasonable,” according to Weiss. The stock’s so-called PEG ratio, or the price-earnings multiple divided by the expected percentage growth in earnings, “remains in line with historical averages, despite the unrivaled generative AI positioning,” he wrote. The PEG ratio is a metric often used by growth-focused investors.

Two-year Treasury yields burst above 5% and futures pricing started to admit the possibility that the Federal Reserve will raise rates twice before the year is out. Ten-year yields rose more than 17 basis points in two sessions to 4.05%, and selling wrapped around the globe as investors who had positioned for a peak in interest rates bailed out.

The S&P 500 posted its biggest daily percentage drop since May 23. The Dow logged its biggest single-day fall since May 2. Private payrolls surged far more than expected in June, data showed, suggesting the labor market remained solid despite growing risks of a recession. A separate report showed U.S. job openings dropped in May, but remained at elevated levels.

Option data suggests a broader trading range in between 19200 to 19700 zones while an immediate trading range in between 19350 to 19600 zones.

PharmEasy is faced with a steep cut in its valuation, with the new funding round pegging its shares at Rs 5 each compared to the Rs 50 per share that it secured in 2021. The huge fall in value has triggered questions about the fate of Velumani’s purchase of a 5% stake in the firm in 2021 when it was valued at $4 billion.

"This FMCG stock is on the verge of a breakout, and traders are advised to buy the stock above Rs 2715 with stop loss can then be placed below Rs 2660. The potential target post the breakout will be seen around Rs 2790 and Rs.2840," Ruchit Jain, Lead Research, 5paisa.com, said.

The funds will be used to expand green energy operations. QIPs allows listed companies to raise capital without depending on foreign capital resources.

Titan registered a 20% year-on-year (YoY) revenue growth for the June quarter, with all the key consumer businesses witnessing double-digit growth in the quarter.

"About 25% of our book is retail loans within which there is now a potentially growing book for micro finance loans. In the last three quarters we have acquired about ₹470 crore of micro finance loans where the recovery has been even better than our projections. We expect this pace to continue," Manhas said.

Apple stock’s gain accelerated after reporting higher-than-expected revenue and profit in March quarter

Reliance Industries as well as state-owned oil and gas companies, property, automobile and heavyweight financials were at the vanguard of Thursday's rally that also pushed the broader market to newer heights.

"Despite the rise in interest rates over the past year, the retail credit demand in the country remained strong, resulting in increased financing requirements for the NBFCs and HFCs. Lenders continue to depend on securitisation as a means to raise funds as it helps in diversifying their fund-raising avenues," Abhishek Dafria, senior VP and group head, structured finance ratings, ICRA, said.

The division bench of Justice GS Patel and Justice Dr Neela Gokhale has directed the capital markets regulator to file its response by July 20 in the matter, and has adjourned the case to August 2 for further hearing.

IBBI had published a discussion paper on measures for increasing the possibility of resolution and proposed that financial creditors will be required to vote for all the plans while mentioning grading of the resolution plan on June 7, 2023.

"He emphasized on the need for the states to focus on fiscal consolidation, improving quality of expenditure and other issues related to the fiscal health of states such as contingent liabilities/guarantees, etc," the RBI said in a release.

This March, RIL had said it plans to demerge its financial services undertaking into Reliance Strategic Investments Limited (RSIL) and rename and list it as Jio Financial Services Limited (JFSL).

Growth visibility has done enough to burnish the allure of these stocks with investors - both at home and overseas. It is no wonder, therefore, that the India-listed stocks of these MNCs trade at premium valuations relative to their parent entities beset with inevitable growth challenges that mature markets present.

Rally in the stock price of Hindustan Unilever may not be over yet, suggest market analysts. It is trading above most of the short- and long-term moving averages. Daily RSI is placed at 67.7. MACD is above its center and signal line — a bullish indicator.