Posts tagged BL
Stock Market Live Updates 23 July 2024: Asian stocks rebound led by Taiwan’s semiconductor surge (23-07-2024)
Sensex, Nifty, Share Prices LIVE: Asian stocks rebounded from one-month lows on Tuesday, led by Taiwan’s market, which ended a five-day losing streak with a 1.6% rise in early trade. Semiconductor shares, particularly TSMC, surged over 2%, taking cues from a Wall Street recovery where the S&P 500 rose 1.1% and the Nasdaq gained 1.6%. Japan’s Nikkei also steadied, gaining 0.2% due to stabilizing chip stocks. Investors are anticipating earnings reports from Tesla and Alphabet. U.S. yields remained steady in bond markets, while China’s yuan held firm after surprising markets with interest rate cuts. Commodity prices fell, impacting the Australian and New Zealand dollars, though analysts suggest a rebound is likely. The euro and yen saw marginal gains against the dollar amid U.S. rate cut expectations and election uncertainties.
Broker’s call: JSW Energy (Sell) (22-07-2024)
Elara Securities
Broker’s call: JSW Energy (Sell) (22-07-2024)
Elara Securities
Broker’s call: Fedfina (Outperform) (22-07-2024)
BNP Paribas
Economic Survey wants sensitive commodities kept away from derivatives trading (22-07-2024)
After selecting commodities for trading, regulators should have minimal interventions
Sensex, Nifty settle lower ahead of Budget (22-07-2024)
Besides, a weak trend in global equity markets also hit investors sentiment, traders said
Reliance shares drop over 3% following 5% decline in Q1 net profit (22-07-2024)
The blue-chip stock dropped 3.38 per cent to ₹3,004.25 on the BSE
Suzlon’s growth trajectory prompts ‘Buy’ recommendation from Anand Rathi (22-07-2024)
Anand Rathi maintains a 12-month target price of ₹58, reflecting a 35x FY26e P/E, despite potential risks such as adverse government policies and intense competition
Crude oil up as China lowers lending rate (22-07-2024)
At 9.56 am on Monday, September Brent oil futures were at $83.11, up by 0.58 per cent, and September crude oil futures on WTI (West Texas Intermediate) were at $79.05, up by 0.52 per cent