LPG Price Cut: Oil marketing companies have reduced the price of 19 kg commercial LPG cylinders yet again/ This follows recent cuts, including a Rs 69.50 reduction on June 1. These reductions provide essential relief to businesses, especially in the food and hospitality sectors, amid economic challenges.
Auto stocks were in focus amid the release of June month sales numbers. Shares of Samvardhana Motherson, Hero Moto, Bharat Forge, Maruti Suzuki, and Bajaj Auto rallied over 1% each. Within the Nifty50 pack, JSW Steel, and Bharti Airtel rallied over 1%, while NTPC, Power Grid, and Apollo Hospitals fell up to 2%.
Dr. Reddy's Laboratories Ltd., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 106802.89 Crore) operating in Pharmaceuticals sector.
According to data from stockedge.com on June 28, three stocks from the Nifty50 index were identified in the RSI Trending Up scan.
The Bharatiya Nyaya Sanhita, Bharatiya Nagarik Suraksha Sanhita and the Bharatiya Sakshya Adhiniyam replaced the British-era Indian Penal Code, Code of Criminal Procedure and the Indian Evidence Act, respectively. In a post on X, Chidambaram said, "90-99 per cent of the so-called new laws are a cut, copy and paste job. A task that could have been completed with a few amendments to the existing three laws has been turned into a wasteful exercise."
Satia Industries Ltd., incorporated in the year 1980, is a Small Cap company (having a market cap of Rs 1272.00 Crore) operating in Paper sector.
JK Tyre & Industries Ltd. key Products/Revenue Segments include Tyres, Tubes & Flaps, Other Services and Other Operating Revenue for the year ending 31-Mar-2023.
Morgan Stanley maintained an underweight rating on Amara Raja with a target price of Rs 967. MS thinks that the company now matches Exide on capability but needs to catch up on customer wins and in the ramp-up timeline.
NEET UG Result: The NTA has released the NEET UG re-exam results today, July 1, on exams.nta.ac.in. The re-exam, held on June 23 for 1563 affected candidates, follows a Supreme Court decision to rescind previously granted grace marks. The MCC will begin the counselling process on July 6 based on these results. Candidates can check their results by visiting the official NTA website.
Post their numbers and the management guidance of single-digit growth in the current year, we have seen a decent fall in Sun Pharma. Overall the stock continues to remain strong in the specialty and the overall businesses. The risk versus reward and the valuation remains quite convincing in Sun, says Rahul Shah
PM Modi during the 111th episode of ‘Mann Ki Baat’ on June 30 praised the distinctive taste and importance of Araku coffee from Andhra Pradesh. Here’s why the Prime Minister mentioned it and what sets it apart.
We do see further corrective moves of upto 2 – 3 % in prices in case US macro cues support the dollar further in near term. However silver is still expected to witness new all time highs this year driven by concerns of 2 rate cuts to persist driving investment demand in white metal.
India has seen a significant rise in the number of patents granted, reaching around one lakh in 2024, a substantial increase from the 6,000 patents issued annually a decade ago, according to Union Minister of Commerce and Industry Piyush Goyal. The announcement was made during an outreach program with industry leaders and stakeholders in Hyderabad, Telangana.
When the closing price falls below the VWAP, it signifies that the closing price is lower than the average price at which it was traded throughout the day.
Over the short to medium term ie: next 1-2 years, the markets would focus on earnings delivery as there is limited upside from valuations. Retail investors continue to invest regularly providing long-term support to the markets. We believe that his combination of fundamentals and liquidity will anchor a bull-market in stocks.
The entire ecosystem will see accelerated investments and the government push through regarding the capex needs. Also, railways as a theme, defence as a theme, and shipbuilders as a theme will continue. Execution is going to be extremely important out here, says Mayuresh Joshi. He further says the earnings story and earnings growth should continue to remain strong in select domestic-focused sectors
EURO Cup 2024 match between Cristiano Ronaldo's Portugal and Slovenia will played on Monday. The live telecast of the soccer game will be available in the US.
Momentum moving to many other sectors and stocks
NEET-UG Retest Results: The National Testing Agency (NTA) on Monday released revised results for the NEET-UG retest held on June 23. This retest involved 1,563 students and followed controversy over the awarding of grace marks. Alongside the results, the NEET-UG 2024 rank list has also been updated. NTA confirmed that revised scorecards are now available on their website.
When the closing price rises above the VWAP, it signifies that the closing price is higher than the average price at which it was traded throughout the day, with the average being weighted by trading volume.
Biles launched her night with a soaring version of her Yurchenko double pike vault, and even though she skittered backwards a few steps on landing she scored 15.50 points for a vault so difficult that no other woman has attempted it in competition.
Bharatiya Nagrik Suraksha Sanhita has 531 sections (in place of 484 sections of CrPC). A total of 177 provisions have been changed in the Sanhita and nine new sections as well as 39 new sub-sections have been added to it. The act has added 44 new provisions and clarifications. Timelines have been added to 35 sections and audio-video provision has been added at 35 places. A total of 14 sections have been repealed and removed in the Sanhita.
India is rapidly narrowing the gap with China and Vietnam in mobile phone exports. In FY24, while mobile phone exports from China and Vietnam declined by 2.78% and 17.6% respectively, Indian exports surged by 40.5%, according to officials citing global trade data. India has captured nearly 50% of the reduction in mobile phone exports from these two countries, aligning with its objective of absorbing a significant portion of the supply chain shift from China.
It is said that these laws will affect a large number of citizens at some point in time or the other in their lives. The passing of the three criminal law bills in Parliament last year sparked a series of debates regarding the need to take such steps towards evolution in the field of law with the introduction of new criminal laws.
