Posts in category All News
Hyundai under pressure from Tata, Mahindra as $3.5 billion India IPO looms (09-07-2024)
Tata Motors and Mahindra challenge Hyundai for India's No.2 spot amid Hyundai's $3.5 billion IPO plan. Hyundai held 13.5% sales, Tata 13.2%, Mahindra 12.4%, Maruti Suzuki tops with 40%. Hyundai faces market challenges, acknowledges COO Tarun Garg. Significant investments in EVs and capacity expansions are planned by 2026, according to the Federation of Automobile Dealers.
Hyundai under pressure from Tata, Mahindra as $3.5 billion India IPO looms (09-07-2024)
Tata Motors and Mahindra challenge Hyundai for India's No.2 spot amid Hyundai's $3.5 billion IPO plan. Hyundai held 13.5% sales, Tata 13.2%, Mahindra 12.4%, Maruti Suzuki tops with 40%. Hyundai faces market challenges, acknowledges COO Tarun Garg. Significant investments in EVs and capacity expansions are planned by 2026, according to the Federation of Automobile Dealers.
Stocks to watch, July 9: Dixon Tech, Swan Energy, Bajaj Finserv, Senco Gold (09-07-2024)
Stocks to watch on July 9: Three Blackrock affiliates acquired a stake worth Rs 304 crore in Swan Energy through open market transactions on Monday
Oil settles lower on worries Hurricane Beryl could hit US demand (09-07-2024)
Oil prices declined as Hurricane Beryl impacted U.S. refinaries, lowering Brent futures to $85.75. Gaza ceasefire hopes eased supply concerns. Texas faced significant damage; Kazakhstan to compensate for OPEC+ excess. China’s imports fell, India’s fuel consumption rose. Analysts, including Gelber and Ritterbusch, noted de-risking. U.S. and UK elections may influence outcomes.
Stocks that will see action today: July 9, 2024 (09-07-2024)
Buzzing stocks: VA Tech Wabag, Godrej group cos, Dixon Tech, Jupiter Wagons, Mahanagar Gas, HEC Infra
ET Analysis: Investing in an ageing bull market (09-07-2024)
India's stock indices saw record gains in 2024, signaling an ageing bull market. Investors exhibit 'bear fatigue,' with Reliance Industries leading. Despite positive cycles, fine-tuning portfolios and risk management is key. Interest rates by the US Federal Reserve and potential Black Swan events could impact the market, reinforcing the need for cautious investment strategies, particularly in smaller shares.
ET Analysis: Investing in an ageing bull market (09-07-2024)
India's stock indices saw record gains in 2024, signaling an ageing bull market. Investors exhibit 'bear fatigue,' with Reliance Industries leading. Despite positive cycles, fine-tuning portfolios and risk management is key. Interest rates by the US Federal Reserve and potential Black Swan events could impact the market, reinforcing the need for cautious investment strategies, particularly in smaller shares.
Bernstein expands IT coverage: Outperform ratings on Persistent, KPIT (09-07-2024)
Bernstein expands IT services coverage, adding Persistent, KPIT, Tata Elxsi, and Coforge, with Outperform ratings on Persistent and KPIT, Market-Perform on Coforge, and Underperform on Tata Elxsi.
Nifty 500 trading has a bullish bias, but only minor bumps expected in near term (09-07-2024)
The NSE 500 index sees 86% of stocks trading above the 200-DMA, indicating a strong bullish trend. Analysts suggest potential minor corrections but no significant reversal expected soon. Fifth bull run in Nifty 500 continues.