BUSINESS
Nifty tops 25000, Sensex gains as Street cheers Fed's rate cut hints; bullish trend to persist
Maruti Suzuki, Hindalco, JSW Steel, Coal India and ONGC were among major gainers on the Nifty, while losers were Hero MotoCorp, UltraTech Cement, Infosys, Sun Pharma and Asian Paints.
BUSINESS
Short Call: Retail investors fuel climate change in markets; Trent, IndiaMart, Tata Consumer, Ajanta Pharma in limelight
“Advances are followed by mere corrections, and bull markets by bear markets. But booms and bubbles are followed by much more harmful busts and panics.” - Howard Marks
BUSINESS
Fed hints at September rate cut; How will Indian markets react?
Federal Reserve Chairman Jerome Powell hints at a potential rate cut in September, sparking expectation of positive impact on Indian equity markets and emerging market investments.
BUSINESS
Are you rich or poor? Depends if you ask the FinMin or Sebi
SEBI’s proposed increase in options contract sizes could significantly impact retail investors by raising trading costs and potentially reducing market participation.
BUSINESS
Sensex edges higher, Nifty nears 25000 amid mixed cues; analysts suggest 'buy on dips'
India VIX fell around 9 percent to around 11.5. Sectorally, all NSE indices were trading higher with gains led by Nifty Metal and Nifty Realty.
BUSINESS
Morgan Stanley 'overweight' on BEL after robust Q1 results; see 15 percent upside in PSU stock
Bharat Electronics (BEL) stock has delivered multibagger returns of around 140 percent in the last one year, more than doubling investors' money.
BUSINESS
Ramco Cements Q1 Preview: Weak prices, realisations, stiff competition pour concrete on profit hopes
According to a Moneycontrol poll, Ramco Cements' net profit is expected to slump 51 percent on-year to Rs 38 crore in Q1FY25. Revenue is seen falling around 1.3 percent YoY to Rs 2,221 crore.
BUSINESS
Suzlon at multi-year high as brokerages raise targets, shares zoom 227% in a year
In the FY24–26E period, Geojit Financial Services expects Suzlon’s revenue CAGR & ROE to surpass those of the industry peers.
BUSINESS
PFC, REC may benefit from enhanced 54 EC bonds attraction after real estate tax shift: Bernstein
REC and PFC stocks have zoomed 251 percent and 175 percent respectively in the last one year, beating benchmark Nifty's returns of 23 percent during this period.
BUSINESS
RVNL stock falls despite bagging LoA for Rs 191-cr project from South Eastern Railway
RVNL stock has a 'hold' rating from three analysts and zero buy or sell calls, according to Bloomberg data.
BUSINESS
Brokerages bullish on L&T after Q1 results beat estimates; Nuvama raises target price
L&T has been amongst the few players to exit from non-core businesses generating huge balance sheet muscle over recent years, according to analysts.
BUSINESS
Removal of indexation benefit raises tax burden, may dampen investor sentiment
If a property's value has increased more than the inflation rate, the new 12.5 percent tax rate is expected to be more advantageous for real estate sellers compared to the previous 20 percent tax rate after adjusting for indexation.
BUSINESS
Aptech, TeamLease, other job-related stocks surge on Budget proposals to boost employment
The Union Budget introduced a comprehensive job creation and skilling package, including significant investments in internships, skill loans, and education, boosting job-related stocks.
BUSINESS
DLF, Macrotech, other realty stocks in focus as sector awaits tax relief, Industry status in Budget 2024
Budget 2024 is expected to significantly enhance the real estate sector with industry status, tax reliefs, and reforms to boost affordable housing and project funding.
BUSINESS
Infra stocks rise as market expects increased capex, new project announcements in Budget 2024
Budget 2024: Key sectors such as roads, railways, airports, and urban infrastructure are expected to see increased funding, including for projects like Bharatmala and Sagarmala.
BUSINESS
Shipping stocks rally as industry expects Maritime Development Fund, PLI scheme revival in Budget 2024
Shipping and shipbuilding stocks surged as investors anticipate the Union Budget 2024 will boost the sector with a revived PLI scheme, a maritime development fund, and green shipping initiatives.
BUSINESS
L&T Q1 Preview: Robust order wins, sales growth, margin improvement to drive earnings
Larsen and Toubro (L&T) is expected to report a 15% YoY increase in net profit to Rs 2,876 crore and a 9.6% YoY rise in revenue to Rs 52,518 crore for Q1FY25.
BUSINESS
GRSE, Mazagon Dock, Cochin Shipyard, other shipping stocks surge on hopes of higher budgetary allocation
Mazagon Dock, Cochin Shipyard, Shipping Corporation of India, Seamec, other shipping stocks were trading with gains of up to five percent amid expectations of positive announcements for the sector in the upcoming Union Budget on July 23.
BUSINESS
Citi, Nuvama up UltraTech's target prices after Q1 earnings; stock gains 2%
Ultratech Cement expects to increase prices in the second half of the year, driven by strong demand and a resurgence in construction activity.
BUSINESS
UltraTech Cement's expansion, efficiency boosts to help lower costs by Rs 300 per tonne
UltraTech Cement aims to cut costs by Rs 300 per tonne over the next three years through expanded plant networks, reduced lead distances, and increased use of Waste Heat Recovery Systems (WHRS).
BUSINESS
UltraTech's 23% stake in India Cements seen as promising market investment: CFO Atul Daga
UltraTech Cement's acquisition of a 23 percent stake in India Cements is a strategic non-controlling financial investment, expected to capitalize on market conditions, according to CFO Atul Daga.
BUSINESS
Price hikes possible after monsoon in second half of 2024: Ultratech Cement
Ultratech Cement expects to increase prices in the second half of the year, driven by strong demand and a resurgence in construction activity.
BUSINESS
HAL, BEL, other defence stocks slump on profit booking ahead of Budget 2024
Hindustan Aeronautics stock has declined nearly 10 percent in the last two trading sessions. Mazagon Dock and peers have also corrected from record high levels.
BUSINESS
Budget 2024: Shipping industry eyes revamped PLI scheme, green initiatives
Union Budget 2024: The shipping industry anticipates the Budget to greenlight revised PLI schemes, port modernization funding, green shipping incentives, and potential extensions of financial aid policies.
