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Shivam Shukla

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CSB Bank shares marginally in red despite robust Q1 numbers

BUSINESS

CSB Bank shares marginally in red despite robust Q1 numbers

CSB Bank stock has given a return of 11.27 percent over the last six months. Thus outperforming the benchmark Nifty Bank index which has given a return of 8.66 percent.

Godawari Power jumps 8% on the back of Rs 174-crore equity deal

BUSINESS

Godawari Power jumps 8% on the back of Rs 174-crore equity deal

Godawari Power stock has given a return of 34.73 percent over the last six months.

IndusInd Bank jumps 2% post key appointments at top management level

BUSINESS

IndusInd Bank jumps 2% post key appointments at top management level

IndusInd Bank stock has given a return of 10.92 percent over the last six months.

KNR Constructions gains after subsidiary bags road project in Karnataka

BUSINESS

KNR Constructions gains after subsidiary bags road project in Karnataka

The stock has lost 8.17 percent over the last six months. Axis Securities, however, maintains a 'buy call on the stock with a target price of Rs 325

Stock Market Today: Top 10 things to know before the market opens

BUSINESS

Stock Market Today: Top 10 things to know before the market opens

Foreign institutional investors (FII) bought shares worth Rs 12,350 crore, whereas domestic institutional investors (DII) sold shares worth Rs 1,021.01 crore on June 28, provisional data from the National Stock Exchange shows.

BEML gains 3% on bagging Rs 385-crore order for high mobility vehicles

BUSINESS

BEML gains 3% on bagging Rs 385-crore order for high mobility vehicles

BEML stock has given a return of 16.78 percent over the last six months.

Outlook Favours Banks Over IT in Near Future: Motilal Oswal

BUSINESS

Outlook Favours Banks Over IT in Near Future: Motilal Oswal

The banking sector continues to perform solidly, with RoE, asset quality and credit costs in good shape, says the brokerage, adding it anticipates a 20 percent earnings CAGR for banks over FY23-25

Adani stocks trade mixed after large trade deals, Adani Enterprises jumps 5%

BUSINESS

Adani stocks trade mixed after large trade deals, Adani Enterprises jumps 5%

The Adani portfolio companies and its businesses have acted according to the regulations and accounting standards of the jurisdictions in which they operate the group stated.

Stock Market Today: Top 10 things to know before the market opens

BUSINESS

Stock Market Today: Top 10 things to know before the market opens

Foreign institutional investors (FII) bought shares worth Rs 2,024.05 crore, whereas domestic institutional investors (DII) sold shares worth Rs 1,991.35 crore on June 27, provisional data from the National Stock Exchange shows.

Investor Jeffrey Gundlach warns of ticking bomb as US national debt approaches $33 trillion

BUSINESS

Investor Jeffrey Gundlach warns of ticking bomb as US national debt approaches $33 trillion

Since March 2022, the fed has implemented ten successive rate hikes before deciding to pause them in the latest Federal Open Market Committee meeting held on June 14.

ICICI Prudential trades flat after getting Rs 492-crore GST notice

BUSINESS

ICICI Prudential trades flat after getting Rs 492-crore GST notice

ICICI Prudential is the second insurance firm to get a GST demand notice in recent days. Last week, HDFC Life Insurance received a demand notice for Rs 942 crore

Sapphire Foods edges up after 3 million shares change hands

BUSINESS

Sapphire Foods edges up after 3 million shares change hands

Sapphire Foods India Ltd stock has given a return of 0.83 percent over the last six months. Thus, underperforming the benchmark Nifty50 index which has given a return of 3.08 percent over the last six months.

Stock Market Today: Top 10 things to know before the market opens

BUSINESS

Stock Market Today: Top 10 things to know before the market opens

Foreign institutional investors (FII) sold shares worth Rs 409.43 crore, whereas domestic institutional investors (DII) purchased shares worth Rs 250.12 crore on June 26, provisional data from the National Stock Exchange shows.

US stocks face downside risk amid frothy markets, may see a boil-the-frog recession: JP Morgan

BUSINESS

US stocks face downside risk amid frothy markets, may see a boil-the-frog recession: JP Morgan

The big worry for central banks is a wage-price spiral, where both wages and prices move up in lockstep, forcing rates to move ever higher.

PB Fintech jumps 7%; hits new 52-week high on robust management commentary

BUSINESS

PB Fintech jumps 7%; hits new 52-week high on robust management commentary

IIFL Securities has a buy rating on PB Fintech with a target price of Rs 750.

Adani ports trades flat post resignation of director

BUSINESS

Adani ports trades flat post resignation of director

Adani Ports and Special Economic Zone Ltd stock has lost 10.92 percent of its value over the last six months. Thus, considerably underperforming the benchmark Nifty50 index which has given a return 3.62 percent over the same duration.

TCS refutes any fraud in recruitment process; check stock reaction

BUSINESS

TCS refutes any fraud in recruitment process; check stock reaction

Motilal Oswal in a research report dated June 10, 2023 has given a target price of Rs 3860 per share signifying a potential upside of 20 percent from the current market price of Rs 3210.

Stock Market Today: Top 10 things to know before the market opens

BUSINESS

Stock Market Today: Top 10 things to know before the market opens

Foreign institutional investors (FII) sold shares worth Rs 344.81 crore, while domestic institutional investors (DII) offloaded shares worth Rs 684.01 crore on June 23, provisional data from the National Stock Exchange shows.

PNB Housing Finance board approves Rs 5,000 crore fundraise; check stock reaction

BUSINESS

PNB Housing Finance board approves Rs 5,000 crore fundraise; check stock reaction

PNB Housing Finance stock has given a return of 55.33 percent over the last six months. Thus, considerably outperforming the benchmark Nifty50 index which has given a return of 5.42 percent over the same duration.

Vedanta refutes news of selling Sterlite copper plant; check stock reaction

BUSINESS

Vedanta refutes news of selling Sterlite copper plant; check stock reaction

Vedanta Ltd stock has lost 1.47 percent of its value over the last six months. Thus, underperforming the benchmark Nifty50 index which has given a return of 5.42 percent over the same duration.

Stock Market Today: Top 10 things to know before the market opens

BUSINESS

Stock Market Today: Top 10 things to know before the market opens

Foreign institutional investors (FII) sold shares worth Rs 693.28 crore, while domestic institutional investors (DII) purchased shares worth Rs 219.42 crore on June 22, provisional data from the National Stock Exchange shows.

IIFL Securities gives ‘buy’ rating to CMS Info Systems, expects potential upside of 21%

BUSINESS

IIFL Securities gives ‘buy’ rating to CMS Info Systems, expects potential upside of 21%

Cms Info Systems Ltd stock has given a return of 22.06 percent over the last six months. Thus, considerably outperforming the benchmark Nifty50 index which has given a return of 3.55 percent over the same period.

LTIMindtree shares rise post launching of generative AI platform Canavas.ai

BUSINESS

LTIMindtree shares rise post launching of generative AI platform Canavas.ai

LTIMindtree Ltd stock has given a return of 14.22 percent over the last six months. Thus, considerably outperforming the benchmark Nifty50 index which has given a return of 4.02 percent.

Stock Market Today: Top 10 things to know before the market opens

BUSINESS

Stock Market Today: Top 10 things to know before the market opens

Foreign institutional investors (FII) bought shares worth Rs 4,013.10 crore, while domestic institutional investors (DII) purchased shares worth Rs 550.36 crore on June 21, provisional data from the National Stock Exchange shows.

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