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Sandip Das

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What changed for the market while you were sleeping? Top 10 things to know

BUSINESS

What changed for the market while you were sleeping? Top 10 things to know

Trends on SGX Nifty indicate a negative opening for the index in India with a 35-point loss.

Auto stocks end with handsome gains; M&M top gainer, Maruti, Tata Motors, Ashok Leyland rise 3-5%

BUSINESS

Auto stocks end with handsome gains; M&M top gainer, Maruti, Tata Motors, Ashok Leyland rise 3-5%

Mahindra & Mahindra ended over 7 percent higher followed by Tata Motors, Ashok Leyland and Maruti Suzuki.

HDFC Bank shares jump 3% on robust loan growth; CLSA retains overweight call

BUSINESS

HDFC Bank shares jump 3% on robust loan growth; CLSA retains overweight call

The bank said that its advances had grown 21 percent year-on-year (YoY) in the April-June quarter to Rs 10,04,500 crore, compared to Rs 8,29,700 crore in the year-ago period. In Q4 FY2o advances stood at Rs 9,93,700 crore.

D-Street Buzz: Banks gain led by HDFC Bank, CLSA maintains buy; IndusInd Bank, SBI rise 2% each

BUSINESS

D-Street Buzz: Banks gain led by HDFC Bank, CLSA maintains buy; IndusInd Bank, SBI rise 2% each

Morgan Stanley has an overweight call on HDFC Bank with target at Rs 1,285 per share while CLSA has maintained a buy call on HDFC Bank with target at Rs 1,250 per share.

Sobha shares surge after sales volume zooms 70% in Q1 FY21; CLSA maintains outperform call

BUSINESS

Sobha shares surge after sales volume zooms 70% in Q1 FY21; CLSA maintains outperform call

Global research firm CLSA has maintained an outperform call on the stock with target at Rs 252 per share while Jefferies has a buy rating on the stock with target of Rs 306 per share.

What changed for the market while you were sleeping? Top 10 things to know

BUSINESS

What changed for the market while you were sleeping? Top 10 things to know

Trends on SGX Nifty indicate a positive opening for the index in India with a 79 points gain.

Defence stocks gain amid border dispute with China; Bharat Dynamics, BEL, Apollo Micro rally

BUSINESS

Defence stocks gain amid border dispute with China; Bharat Dynamics, BEL, Apollo Micro rally

Share price of Bharat Dynamics surged over 10 percent with volumes spurting by more than 4.95 times while Bharat Electronics share price jumped over 6 percent.

Auto stocks gain led by Tata Motors; CLSA retains outperform call on Motherson Sumi

BUSINESS

Auto stocks gain led by Tata Motors; CLSA retains outperform call on Motherson Sumi

Tata Motors jumped over 3 percent followed by Bajaj Auto, Eicher Motors, TVS Motor Company and Balkrishna Industries.

PTC India Financial shares jump 3% after SBI clears Rs 300-crore loan

BUSINESS

PTC India Financial shares jump 3% after SBI clears Rs 300-crore loan

The money will be used to strengthen cash flow and for onward funding of sustainable infrastructure finance projects, the company said.

What changed for the market while you were sleeping? Top 10 things to know

BUSINESS

What changed for the market while you were sleeping? Top 10 things to know

Trends on SGX Nifty indicate a positive opening for the index in India with a 46 points gain.

D-Street Buzz: IT stocks gain led by Infosys; TCS, Wipro, NIIT Tech, Mindtree add 2% each

BUSINESS

D-Street Buzz: IT stocks gain led by Infosys; TCS, Wipro, NIIT Tech, Mindtree add 2% each

Infosys jumped over 3 percent. The other gainers included NIIT Tech, Tata Consultancy Services, Wipro and Mindtree which gained 2 percent each.

Mahindra & Mahindra share price gains 3% after tractor sales rise 10% in June

BUSINESS

Mahindra & Mahindra share price gains 3% after tractor sales rise 10% in June

The company sold 36,544 tractors in the month against 33,094 units in the same period last year.

Eveready Industries shares rise on 3-fold jump in Q4 profit

BUSINESS

Eveready Industries shares rise on 3-fold jump in Q4 profit

Eveready Industries India Ltd on July 1 reported over three-fold jump in its net profit at Rs 179.57 crore for FY2019-20, compared to Rs 47.26 crore in the last fiscal.

What changed for the market while you were sleeping? Top 10 things to know

BUSINESS

What changed for the market while you were sleeping? Top 10 things to know

Trends on SGX Nifty indicate a positive opening for the index in India with a 54 points gain.

D-Street Buzz: Banks gain led by BoB, Axis Bank; PNB, SBI add 2% each

BUSINESS

D-Street Buzz: Banks gain led by BoB, Axis Bank; PNB, SBI add 2% each

Bank Nifty added close to a percent led by Axis Bank which jumped over 3 percent followed by Federal Bank, Bank of Baroda, ICICI Bank, IDFC First Bank, IndusInd Bank and RBL Bank.

What changed for the market while you were sleeping? Top 10 things to know

BUSINESS

What changed for the market while you were sleeping? Top 10 things to know

Trends on SGX Nifty indicate a negative opening for the index in India with a 45 points loss.

HUDCO share price surges 26% in 2 days on stellar Q4 numbers

BUSINESS

HUDCO share price surges 26% in 2 days on stellar Q4 numbers

HUDCO, on June 26, reported a whopping 86.6% YoY growth in consolidated profit at Rs 440.9 crore for the quarter ended March 2020

Bharat Dynamics shares surge on 149% jump in net profit; board recommends dividend

BUSINESS

Bharat Dynamics shares surge on 149% jump in net profit; board recommends dividend

The Board of Directors of the company have recommended a final dividend at Rs 2.55 per share (face value of Rs 10 each) for the year ended March 31, 2020.

What changed for the market while you were sleeping? Top 10 things to know

BUSINESS

What changed for the market while you were sleeping? Top 10 things to know

Trends on SGX Nifty indicate a positive opening for the index in India with a 62 points gain.

D-Street Buzz: Realty stocks in the red; Indiabulls Real Estate, Sobha fall 3-4%, Omaxe hits lower circuit

BUSINESS

D-Street Buzz: Realty stocks in the red; Indiabulls Real Estate, Sobha fall 3-4%, Omaxe hits lower circuit

Indiabulls Real Estate shed 4 percent followed by Godrej Properties, Prestige Estates, DLF, Oberoi Realty, Sobha and Sunteck Realty.

D-Street Buzz: Metal stocks under pressure; Coal India, NALCO top losers, Hindalco, JSW Steel slip

BUSINESS

D-Street Buzz: Metal stocks under pressure; Coal India, NALCO top losers, Hindalco, JSW Steel slip

Coal India and Hindustan Copper were down over 4 percent each followed by Hindalco Industries, NALCO, JSW Steel, Tata Steel, SAIL, Vedanta and Hindustan Zinc.

Ashok Leyland share price falls 4% after CLSA retains underperform call; raises FY21-22 EBITDA by 6-8%

BUSINESS

Ashok Leyland share price falls 4% after CLSA retains underperform call; raises FY21-22 EBITDA by 6-8%

CLSA has raised its FY21-22 EBITDA by 6-8 percent and does not expect any meaningful positive triggers in the near term.

What changed for the market while you were sleeping? Top 10 things to know

BUSINESS

What changed for the market while you were sleeping? Top 10 things to know

Trends on SGX Nifty indicate a negative opening for the index in India with a 51 points loss.

D-Street Buzz: Oil & gas stocks gain led by BPCL, IOC; ONGC, HPCL jump 3-4%

BUSINESS

D-Street Buzz: Oil & gas stocks gain led by BPCL, IOC; ONGC, HPCL jump 3-4%

The stocks to gain the most included BPCL, HPCL and Indian Oil Corporation which jumped 4-5 percent each followed by ONGC which added 3 percent and GAIL India which gained a percent.

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