Posts in category All News
Market outlook July 09: Positive start likely; Nifty key levels to watch (09-07-2024)
All you need to know before market open for trade on Tuesday: Key levels to watch on the Nifty and Bank Nifty as Asian shares trade firm; Emcure Pharma to list today; 8 stocks in F&O ban.
Stock ‘GIFT’ to founders of tech cos, unicorns comes under ED lens now (09-07-2024)
The Enforcement Directorate is investigating technology firms and unicorns for violating FEMA through offshore fundraising tactics. The 'gift' of shares to Indian founders is under scrutiny, raising concerns over overseas direct investment. Indian promoters are being questioned and may need to explain past transactions.
Stock ‘GIFT’ to founders of tech cos, unicorns comes under ED lens now (09-07-2024)
The Enforcement Directorate is investigating technology firms and unicorns for violating FEMA through offshore fundraising tactics. The 'gift' of shares to Indian founders is under scrutiny, raising concerns over overseas direct investment. Indian promoters are being questioned and may need to explain past transactions.
Stock Market LIVE: Sensex up nearly 250 pts, Nifty nears 24,400; Maruti stock up 5% (09-07-2024)
Stock Market LIVE on July 09, 2024: BSE Sensex was trading 0.31 per cent or 251 points higher at 80,211.59 levels while Nifty50 rose 0.24 per cent or 59 points to 24,380 levels
S&P 500 and Nasdaq notch record highs; chipmakers climb (09-07-2024)
The S&P 500 and Nasdaq hit records, boosted by Nvidia, Intel, and AMD. Investors await inflation data, Powell's semiannual testimony, and earnings from Citigroup, JPMorgan Chase, and Wells Fargo. Concerns grow over labor markets and rate cuts. Declines in communication services and energy; Paramount merged with Skydance; Boeing resolves fraud investigation.
GIFT Nifty signals a muted start for D-Street. Here’s the trading setup for today’s session (09-07-2024)
Domestic markets closed unchanged as investors brace for earnings season. Analysts predict a consolidation phase with stable input prices. Global markets show mixed movements. Foreign investors turn net buyers. Rupee ends slightly lower against the US dollar.
Stocks in news: Jupiter Wagons, Nestle, RailTel, Bandhan Bank, Godrej Consumer, PG Electropast (09-07-2024)
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.
Stock Market Live Updates July 9, 2024: Stock to buy today: Shriram Finance (₹2,805.3) (09-07-2024)
Sensex, Nifty updates on 9 July 2024: The stock of Shriram Finance has been on a decline for nearly two weeks. The price started to moderate on the back of the resistance at ₹3,000. But the downswing is likely to come to an end as the stock is near the 20-day moving average support, which is now at ₹2,800. Just below this is another support at ₹2,770.
Asian stocks edge higher before Powell’s testimony: Markets wrap (09-07-2024)
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.