Posts in category All News
GIFT Nifty signals a negative start for D-Street. Here’s the trading setup for today’s session (08-07-2024)
Benchmark indices closed with minor gains, marking a positive week. Analysts expect Q1FY25 earnings and inflation cues to guide markets. Gift Nifty signals a negative start. India VIX fell 1.24%. Mixed global trends; S&P 500 futures down. Rupee at 83.49 vs. USD. Brent crude at $86.65. F&O ban includes PEL, Bandhan Bank. Tropical Storm Beryl impacts oil supply.
Osho Krishan of Angel One recommends buying these two stocks today (08-07-2024)
MIDHANI witnessed a decisive breakout in the last trading week, soaring nearly 8 percent. The counter has witnessed very strong traction its 21 DEMA after consolidating near the 20 DEMA
Stocks in news: Nykaa, Adani Wilmar, Titan, Bandhan Bank, IndusInd Bank, Marico, Dabur (08-07-2024)
Markets uptrend; focus stocks: Nykaa, Adani Wilmar, Titan, Bandhan Bank, IndusInd Bank, Marico, Dabur, BigBloc Construction, Tinna Rubber and Infra, ASM Technologies. Punjab & Sind Bank to open 100 branches. PC Jeweller’s settlement approved. Tata Motors 5% growth. Union Bank and Bank of Baroda growth. AB Capital COO retires. Nykaa 22-23% revenue growth. Adani Wilmar 13% volume growth.
Asia shares firm, euro dogged by French election deadlock (08-07-2024)
Asian stocks increased on U.S. rate cut anticipation and French elections blocking Marine Le Pen's far-right. S&P 500 futures fell 0.1%, dollar weakened by U.S. jobs report. Earnings season approaches with Citigroup, JP Morgan, Well Fargo reporting. Investors expect September rate cuts, Treasury yields down, gold prices high. Fed Chair's testimony, German inflation, U.S. consumer price report, oil prices awaited.
Stock Market Live Updates July 8, 2024: Global Trends, IT majors’ earnings to guide market sentiment this week (08-07-2024)
Sensex, Nifty, Share Prices LIVE: Equity markets are expected to take cues from global trends and foreign investor activity this week, with first-quarter earnings from IT majors TCS and HCL Technologies likely to influence investor sentiment, analysts said. Following a record rally last week, markets may consolidate, they added. Pravesh Gour, Senior Technical Analyst at Swastika Investmart Ltd, noted that key earnings reports from TCS and HCL Technologies on July 11 and 12, along with the Union budget and monsoon developments, are significant events. Additionally, US Federal Reserve Chair Jerome Powell’s testimony on July 9 will be closely monitored.
Gour said investors will also track the activities of foreign and domestic institutional investors and crude oil prices. The BSE Sensex and Nifty hit all-time highs on July 4. Economic data, including India’s CPI and industrial production and US and UK economic indicators, will also guide market outlooks, said Arvinder Singh Nanda of Master Capital Services Ltd.
Buy ideas for July 8: HDFC Life, Cipla, SJVN; check target prices here (08-07-2024)
HDFCLIFE recently gave a clean breakout on the weekly chart, signalling a potential bullish trend. Prior to this breakout, the stock had been consolidating for 2 weeks
Downturn in sight for Nifty50, MidCap Select indices; here’s how to trade (08-07-2024)
When examining the Nifty 50 Index, currently trading in the overbought zone, technical indicators such as MACD, RSI, and Stochastic suggest it is challenging to recommend initiating fresh long
Pepperfry puts IPO plans on hold, to focus on growth revival (08-07-2024)
Pepperfry, an omnichannel furniture retailer, has pushed its public listing plans, as the company aims to bring growth and profitability into focus in the ongoing fiscal. Founded in 2012 by Ashish Shah, the startup had converted to a public company in 2022 and was looking to raise $250-300 million through its IPO.
Meet David Ellison, the CEO of Skydance and Paramount’s New Owner (07-07-2024)
He left college to try out acting. Now, he’s set to become one of the most powerful people in Hollywood.