The green energy sector says certain announcements in the budget can help the country easily meet the government's promise of generating fossil fuel-free energy.
Historical data suggests a post-Budget market crash as investors brace for disappointment. Will Sensex defy the odds this time? Analysts predict fiscal focus on infrastructure, not consumption boost. Stay alert and hedge your investments for Budget Day rollercoaster!
A total of 156,563 shares changed hands on the counter till 10:10AM (IST)
The Nifty Realty index was trading 0.49 per cent down at 1121.15.
Investors anticipate the impending Reliance Jio IPO as billionaire Mukesh Ambani remains tight-lipped. The recent telecom tariff hike is seen as a precursor to this long-awaited event. Jefferies, a global investment banking firm, suggests that the high-profile listing could materialize in 2025, valuing Jio at $112 billion.
A total of 28,658 shares changed hands on the counter till 10:05AM (IST).
Flexi cap mutual funds offer the fund managers the freedom to invest across market capitalisations and sectors/themes. It means the fund managers can invest anywhere based on his outlook on the market. Flexi cap schemes are typically recommended to moderate investors to create wealth over a long period of time. Ideally, one should invest in these schemes with an investment horizon of five to seven years.
On July 10, the closing prices of five stocks in the Nifty500 index fell by more than 2% below the VWAP. This movement below the VWAP indicates a potential bearish trend.
A total of 17,394 shares changed hands on the counter till 10:00AM (IST).
ICAI annoucement: The Chartered Accountants (CA) final and Intermediate Examination results for May 2024 will be released today on icai.nic.in. Candidates must follow strict guidelines regarding electronic devices in exam centers. Visit the official website for more information.
Tide Water Oil (India) Ltd. stock surged 123% over a year, breaking out from a Rounding Bottom pattern on weekly charts. Analyst set a target price of Rs 2,800 with a stop loss at Rs 1,800. The stock is above 21, 50, 100 WEMA, tracked by RSI above 70, and daily MACD.
The world’s largest untapped ore reserve in Guinea’s Simandou is intensifying preparations for production. The project could deliver 5 million tons starting in 2025 before ramping up steadily to 90 million tons a year in 2028, according to Macquarie Group Ltd.
The 30-share BSE Sensex was up 18.81 points at 79943.58
According to data from stockedge.com on July 10, three stocks in the Nifty200 index were identified as trending up in the RSI scan.
Eight mines in countries such as Tanzania, Angola, Malawi and South Africa are expected to start production by 2029 and contribute 9% of global supply, according to Benchmark Mineral Intelligence.
In the Nifty500 pack, we have collated a list of six stocks that witnessed a 5-year swing high at the close on July 10, suggesting bullishness in counters, according to stockedge.com's technical scan data.
Assam Chief Minister Himanta Biswa Sarma announced that proficiency in the local language is now mandatory for government job selection, ensuring local rights and interests. This follows controversy over a notification exempting permanent resident certificates for certain college positions. Sarma also highlighted the success of the Pragyan Bharti scheme, benefiting nearly one lakh students with free education.
On July 10, the closing prices of four stocks in the Nifty500 index surged more than 2% above the VWAP. This movement above the VWAP indicates a potential bullish trend.
Star Cement Ltd., incorporated in the year 2001, is a Mid Cap company (having a market cap of Rs 8499.91 Crore) operating in Cement sectors
Karnataka plans a second Bengaluru airport by 2033 to handle 100 million passengers. An area of about 4,500-5,000 acres will be needed for the new Bengaluru project and it should have good connectivity from the city. Kempegowda International Airport in Bengaluru is currently the third busiest airport in the city.
Japan's Nikkei and Topix surged as Wall Street's Nasdaq and S&P 500 hit records. Nikkei reached 42,179.84, driven by yen depreciation and semiconductor shares like Taiwan Semiconductor Manufacturing Co. Gains in Fast Retailing, Socionext, Sumco, Sony Group, Tokyo Electron, Disco Corp. Kenji Abe from Daiwa Securities expects further price increases amid strong Japanese corporate earnings.
Moosewala was murdered on May 29, 2022, in the Mansa village of Punjab. According to the police, the assailants fired several bullets at him. He was also active in politics. He had fought Punjab assembly polls from Mansa on a Congress ticket but was defeated.
By 9:17 am, Indian benchmark indices saw gains with Sensex at 78,129 and Nifty50 at 24,384. Market rises were led by TCS, ICICI Bank, Infosys, Tata Steel, Titan, SBI, and HCL Tech. In contrast, HDFC Bank, Ultratech Cement, Power Grid, M&M, and Nestle India experienced declines. TCS is set to report June-quarter earnings today.
JK Lakshmi Cement Ltd., incorporated in the year 1938, is a Mid Cap company (having a market cap of Rs 10593.84 Crore) operating in Cement sector.
On July 10, there was a significant rise in futures open interest across five stocks within the NSE F&O segment, leading to a total increase in open interest exceeding 8% compared to the previous trading session.
