Latest Stock Market News: This site aggregates the latest stock market information from The Economic Times, The Financial Express, Business Standard, Business Line, Mint, Moneycontrol.com, NSE, IIFL, Rediff, Value Pickr Forum, RJ Fan Club, Twitter etc. If you have any suggestions on how to improve the service, please mail admin@rakesh-jhunjhunwala.in
Economic Times
ETMarkets pinpointed 7 stocks within the Nifty50 index that consistently saw a fall in price throughout the last 5 trading sessions. - Concurrent Losers: These 7 Nifty stocks slipped for 5 trading days in a row
Raymond managed to give a breakout of its multiple supply zone. The stock is comfortably holding above all its near-term, short-term moving average. The way the stock has shown breakout on the daily time frame with the volume action, that clearly shows... - Use stock market volatility as buying opportunity: Rajesh Palviya
Market expert predicts growth in capital goods, infrastructure, and domestic cyclicals while cautioning about global cyclicals. FMCG sector set to benefit from monsoon. Banks may rally after July budget. Iran's supply chain control impacts oil markets. - Expect banks to start rallying from June: Ajay Bagga
HDFC Bank declared a Rs 19.50 dividend per equity share for the March quarter. Bank's profit surged 37.1% YoY to Rs 16,512 crore. - HDFC Bank declares Rs 19.5 dividend for FY24. Check record date
HDFC Bank Q4 Results: HDFC Bank's profit rose 37.1% YoY to Rs 16,512 crore, with NII growing by 24.5% to Rs 29,077 crore. The bank declared a dividend of Rs 19.5 per share for FY24 and reported an improved GNPA at 1.24%. - HDFC Bank Q4 Results: Profit jumps 37% YoY to Rs 16,512 crore, NII up 24.5%
Financial Express
Discrepancies related to Anti-Money Laundering and Combating Financing of Terrorism (AML and CFT) regulations were observed against brokers and depository participants by two exchanges -- BSE and NSE -- as also depositories -- CSDL and NSDL. - 380 market members violated anti-money laundering rules in FY15
'Auto-Cancellation of Reversal Trades' would focus on prevention of reversal trades on the exchange trading platform. - BSE to introduce auto-cancellation of reversal trades soon
Domestic equity markets registered their biggest weekly gains in more than two months after the US Federal Reserve raised interest rates without any disruptions to global markets. - Weekly review: Sensex, Nifty register biggest weekly gains in more than 2 months
Reiterate ‘buy’ on Hindustan Unilever (HUL) with a target price of Rs 1,020 per share. We remain positive on HUL given its superior product portfolio... - Reiterate ‘buy’ on HUL, target price Rs 1,020: Nomura
Buy Sadbhav Engineering with a 12-month target of Rs 375 per share. - ‘Buy’ Sadbhav, 12-month price target Rs 375: Ambit Capital
Business Standard
Biocon announced that it has received an approval from South African Health Products Regulatory Authority (SAHPRA) for their vertically integrated, complex drug product Tacrolimus capsule in South Africa. - Biocon gets nod from SAHPRA for Tacrolimus capsules
At meeting held on 20 April 2024 - Board of India Cements approves sale of its grinding unit to UltraTech Cement
ICICI Bank announced that its board will meet on 27 April 2024 to consider raising funds through issuance of debt securities. - ICICI Bank board to mull fund raising proposal
At meeting held on 20 April 2024 - Board of UltraTech Cement approves investment of Rs 504 cr in capacity expansion
Reported sales nil - Ind Bank Housing reports standalone net loss of Rs 0.06 crore in the March 2024 quarter
Business Line
FPIs also turned net sellers in equities in April, with outflows of ₹5,254 crore, influenced by escalating tensions in the Middle East and a surge in U.S. bond yields - Geopolitical jitters pause FPIs’ Indian debt investments, net outflows reach ₹6,124 crore in April
Anand Rathi - Broker’s call: Senco Gold (Buy)
SEBI is working with the MF industry to bring the SIP level to as low as ₹250 a month - Sachetisation of mutual funds, a small step in right direction
ICICI Securities - Broker’s call: Tata Communications (Hold)
The NSE Nifty jumped 151.15 points or 0.69 per cent to close at 22,147. The broader index dropped to a low of 21,777.65 in early trade before paring its losses to end in the green - Stock markets stage strong rebound after four days of slump; Sensex rallies 599 pts
Mint
Blames game developers for not warning him, as his wife left him and he lost his job after a three-week gaming marathon - Man sues Bethesda over his ‘Fallout 4’ game addiction
Thee Delhi high court asks the govt not to force miners to pay retrospectively for a social impact fund - High court breather for miners over social impact funds
R-Com said it has entered into a 90-day exclusive period of discussions with Maxis Communications and Sindya Securities, the shareholders of Aircel - R-Com in exclusive discussion with Aircel for wireless business
Next year, Isro will begin with the launch of the fourth satellite in IRNSS in January, which will be followed by tech demo of the reusable launch vehicle - Isro’s small steps towards developing its own reusable rocket
Industry experts state that both films have suffered because of the competition for limited space in a single weekend - How did the opening weekend look for ‘Dilwale’ and ‘Bajirao Mastani’?
Moneycontrol.com
IIFL
Value Pickr Forum
No fireworks, profit slightly below expectations. Don’t think markets will be distributing sweets unless the management has a palatable explanation for the floating provision it has made.
c519bb2e-9c54-4d27-a1eb-dc2dd9c09be6 (1).pdf (901.5 KB) - HDFC Bank- we understand your world
1957:
However, there are two major challenges which the company is trying to navigate- (1) We import 80% of our crude oil and 50% of our Natural gas / CNG / LNG …so always carry Geo-political risks and volatile pricing international market. So ho... - Green Hydrogen as a Fuel – Indian Companies leading the Green Revolution
BHEL - Investment case
Company Overview - BHEL
BHEL - PSU is India’s dominant producer of power & industrial machinery since 1964
200 GW+ installed capacity (70% power generation in India from BHEL Installed capacity in India)
Key beneficiary ... - Bhel
Quarterly updates
Driving_Force_Apr_2024.pdf (3.2 MB) - Force Motors – racing ahead!
So just trying summarize the the current developments.
IG happens to the largest player in the industry (275l Mt pa) close to 50% of total domestic capacity. One of their key customers has actually backward integrated into PAN production for DEP. Mean... - I G Petrochemicals Ltd
Rakesh Jhunjhunwala Fan Club
Top 15 Stock Picks for Nifty Dec'24 target of 23000. Past recos delivered impressive YoY return of 46% vs Nifty's 27% return. Return since inception is 264% vs Nifty's 137% return. Picks are superior quality stocks with growth potential at reasonable valuations
Download research report
- Top 15 Stock Picks for Nifty Dec’24 target of 23000
Evergreen Stock Basket: Stock selection is based on:
Longevity
Predictability of business cycle
Consistent revenue/profit compounder
Valuation comfort
Product relevance
Market share vis-à-vis competition &
Earnings growth rate going ahead (Future ... - Evergreen Stock Basket & Dark Horses Stock Basket
Key re-rating triggers are in place for Can Fin Homes. Credit growth expected to accelerate from FY25, strong distribution channel, centralising of credit underwriting process, stable NIM & return ratios & improvement in asset quality. BUY for ... - Key re-rating triggers are in place for Can Fin Homes
Kenneth Andrade has revealed his latest stock picks & strategy for 2024. He is very bullish about Pharma. It is the largest holding in his portfolio. He is also bullish about premium Liquor & Metal stocks as they are cheap. He is avoiding banki... - Kenneth Andrade has revealed his latest stock picks & strategy for 2024
5 Top Pharma picks. Pharma sector is now on a recovery path due to moderating price erosion & USFDA regulatory issues. Costs are stabilizing. Domestic formulation growth is steady. BSE Healthcare index has outperformed Sensex by ~15/25% in past 6/1... - 5 Top Pharma picks
Rediff
The Insurance Regulatory and Development Authority of India (IRDAI) has removed the age cap on buying health insurance policies, effective from April 1, 2024. Earlier, individuals were restricted to purchasing new insurance policies only until the ag... - Age limits on health insurance policies removed
American tech billionaire Elon Musk on Saturday said his proposed visit to India has been postponed due to "very heavy Tesla obligations". The electric carmaker Tesla CEO -- who was expected to be in India on April 21 and 22 and scheduled to meet Pri... - Why Elon Musk has postponed India visit
Air India will soon have a new crew management system that will help strengthen rostering rules and enable faster recovery from scheduled disruptions. In a message to the staff on Friday, Air India CEO and MD Campbell Wilson said that in the next two... - Air India to soon have new crew management system
India's foreign exchange reserves declined in the week that ended on April 12, after having risen for the seventh straight week to hit an all-time high of $648.56 billion. As per the latest data released by the Reserve Bank of India (RBI), the countr... - India’s forex reserves down after seven-week rise
In its first official engagement with the Indian government, Elon Musk-led Tesla and other global automotive (auto) manufacturers sought clarification on the new electric vehicle (EV) policy, specifically regarding investment guidelines and the timeli... - Tesla begins formal talks with govt
NSE
N R Agarwal Industries Limited has informed the Exchange about Copy of Newspaper Publication. Pursuant to Regulation 47(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing...... - N R Agarwal Industries Limited – Copy of Newspaper Publication
Pursuant to Regulation 24A of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we attach herewith Annual Secretarial Compliance Report for the year ended 31 March,...... - Timken India Limited – Annual Secretarial Compliance Report
PSP Projects Limited has informed the Exchange regarding 'Intimation of receipt of Work Order'....... - PSP Projects Limited – Updates
we submit herewith Annual Compliance Report of the company and its subsidiary under Reg 24A of SEBI (LODR) for financial year 2022-23...... - 21st Century Management Services Limited – Annual Secretarial Compliance Report
Gillanders Arbuthnot & Company Limited has informed the Exchange regarding Publication of Financial Results in Newspaper...... - Gillanders Arbuthnot & Company Limited – Copy of Newspaper Publication
Traderji