Posts in category All News
Equity markets to take cue from global trends this week: Analysts (07-07-2024)
Last week, the BSE benchmark jumped 963.87 points or 1.21 per cent, and Nifty gained 313.25 points or 1.30 per cent.
PNGS Gargi Fashion Jewellery Limited (07-07-2024)
PNGS Gargi has intimated the exchanges that they are raising funds through preferential allotment for which the meeting of board of directors is convened on 10 th July 2024 . I think this news might be the reason why the stock has zoomed in the last one week or 10 days
Polycab, United Spirits among 38 companies with dividend bonus, stock split this week. Do you own any? (07-07-2024)
Polycab, United Spirits, Mahindra Logistics are in focus for dividends, bonuses, and stock splits. Key stocks include Clara Industries (4:1 bonus July 8), Deep Industries (Rs 2.44 dividend July 9), JSW Steel (Rs 7.3 dividend July 9), Mphasis (Rs 55 dividend July 10), Mahindra Lifespace Developers (Rs 2.65 dividend July 12), and Vantage Knowledge Academy (stock split July 12).
F&O Talk | Sector rotation propelling markets to a new high: Sudeep Shah of SBI Securities (07-07-2024)
Market analysts predict continued bullish momentum for Indian equity indices. Traders advised to focus on sectors like IT, Pharma, and Defense for potential gains. HDFC Bank's fluctuating performance raises concerns. Excitement builds up for the upcoming budget as Railways and Defence sectors show strong bullish momentum. ONGC and Lupin identified as promising stocks for potential trading opportunities.
Global trends, earnings from TCS, HCLTech to guide mkts this week: Analysts (07-07-2024)
Equity markets will take cues from global trends and trading activity of foreign investors, while in the latter part of the week the first quarter earnings from IT majors TCS and HCL Technologies would guide investor sentiments, analysts said.
Markets may consolidate after the record rally last week, experts added.
"On the domestic front, the Q1 earnings season begins this week. Key companies such as TCS and HCL Technologies will release their earnings on July 11 and 12, 2024, respectively. Additionally, India's Union budget in July is a key event, with hopes pinned on growth-oriented policies and development of monsoon season, which will also be significant points of interest for investors and traders," said Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd.
The US Federal Reserve Chair Jerome Powell's testimony is scheduled for July 9, 2024, he added.
"Furthermore, the activities of both foreign and domestic institutional investors (FII & DII) will be tracked, ...