Big movers on D-Street: What should investors do with TCS, Hindalco and Shipping Corp?

Big movers on D-Street: What should investors do with TCS, Hindalco and Shipping Corp?

Benchmark Sensex and Nifty closed marginally down in a volatile session on Thursday as investors booked profits in heavyweights ahead of quarterly results. Stocks that were in focus include names like TCS, which fell 0.18%, Hindalco, which gained 0.25%, and Shipping Corp, whose shares Jumped 20% on Thursday. Here’s what Riyank Arora, Technical Analyst at … Read more

F&O stocks to buy today: Havells, Exide among top 6 trading ideas for 11 July 2024

F&O stocks to buy today: Havells, Exide among top 6 trading ideas for 11 July 2024

Indian market is likely to edge higher on Thursday tracking positive global cues, but may face selling pressure at higher levels. The volatility index, India VIX has failed to sustain above the 200-day EMA level and thereafter witnessed minor correction on Wednesday. Both FIIs and DIIs were net buyers on Wednesday to the tune of … Read more

This smallcap multibagger stock to consider bonus issue on July 19. Check details

This smallcap multibagger stock to consider bonus issue on July 19. Check details

The Board of BigBloc Construction, which has delivered multibagger returns to investors over the last few years, will meet on July 19 to consider and approve the bonus issue of shares. The company’s Board will also consider a proposal to increase the authorised share capital. The company’s current share capital stands at Rs 14.14 crore … Read more

Medicamen Organics IPO opens today: Check issue size, price band, GMP and other details

Medicamen Organics IPO opens today: Check issue size, price band, GMP and other details

The SME IPO of Medicamen Organics opened for subscription on Friday and will close on June 24. The company aims to raise about Rs 10.54 crore through the SME IPO and list the shares on BSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the … Read more

F&O Talk | Markets may expect buying on dips with cool-off in India VIX: Sudeep Shah of SBI Securities

F&O Talk | Markets may expect buying on dips with cool-off in India VIX: Sudeep Shah of SBI Securities

Bulls returned to Dalal Street with full force on Friday, as the Sensex closed over 1,600 points higher, reaching a new all-time high, while the Nifty 50 advanced over 468 points. Both indices successfully erased all losses from June 4. Nifty50 closed 2.05% or 468.75 points higher on Friday at 23,290 while the 30-component BSE … Read more

Apollo Hospitals shares rally 3% after reporting Rs 258 crore profit. Should you buy, sell or hold?

Apollo Hospitals shares rally 3% after reporting Rs 258 crore profit. Should you buy, sell or hold?

Shares of Apollo Hospitals rallied 3.4% in Friday’s early trade to the day’s high of Rs 5,955 after the company reported a 77% year-on-year (YoY) jump in its net profit. The company’s revenue from operations in the January-March 2024 period increased 15% YoY to Rs 4,944 crore and the board of directors have also recommended … Read more

Hot Stocks: Brokerage view on HDFC Bank, Apollo Hospitals & Zomato; BofA upgraded M&M

Hot Stocks: Brokerage view on HDFC Bank, Apollo Hospitals & Zomato; BofA upgraded M&M

We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Macquarie on Zomato: Underperform| Target Rs 96Macquarie maintained an underperform rating on Zomato with a target price of Rs 96. The competitive intensity is rising. Multiple incumbent e-commerce platforms have announced renewed ambitions in Qcom. The global investment bank … Read more

Hot Stocks: Brokerage view on Phoenix Mills, Anupam Rasayan; CLSA downgrades Delhivery

Hot Stocks: Brokerage view on Phoenix Mills, Anupam Rasayan; CLSA downgrades Delhivery

Brokerage firm CLSA downgraded Delhivery to underperform, Jefferies has a hold rating on Zydus Life and an underperform rating on Anupam Rasayan. Citigroup recommended a buy on Phonix Mills. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: CLSA on Delhivery: Underperform| Target Rs 488 CLSA downgraded Delhivery … Read more

Is the stock market closed tomorrow for Mumbai elections?

Is the stock market closed tomorrow for Mumbai elections?

Equity markets will remain closed on Monday on account of the Mumbai elections, according to the market holiday calendar of BSE. Accordingly, all the segments including, the equity segment, derivative segment, and SLB segment will be closed tomorrow. The Multi-Commodity Exchange (MCX) will remain closed for the morning session but will be open for the … Read more