16 июля 2024 года
Economictimes.indiatimes.com
Recent political violence in the US has led to market speculations favoring a potential Trump re-election. Analysts anticipate rate cuts and inflation concerns in the coming years. This bullish news for equities from what the Fed is going to do and at the margin from these terrible events in Pennsylvania is very much a short to medium-term view, not necessarily a long-term view.
SpiceJet shares surged 7% on Tuesday, reaching Rs 60, following the airline's Q4 profit announcement of Rs 127 crore. This marked a turnaround from losses of Rs 6.2 crore and Rs 299 crore in the March and December 2023 quarters, respectively. On a standalone basis, the low-cost carrier reported a sixfold surge in net profit to Rs 119 crore in the fourth quarter
Reliance Securities has identified 7 stock ideas for potential outperformance post the Union Budget. Companies like L&T, SRF, and AU Small Finance are among the recommendations with promising upside potential. Investors should consider these options for their portfolios.
Foreign institutional investors (FIIs) continued buying equities worth Rs 2684 crore, contrasting with domestic institutional investors who sold equities worth Rs 331 crore. July futures closed at 24,621, up 0.41%, with cumulative Open Interest (OI) across current, next, and far series rising over 3%, signaling significant long positions being built up.
Fortis Healthcare Ltd. key Products/Revenue Segments include HealthCare Services, Lease Rentals, Other Operating Revenue and Pharmaceuticals for the year ending 31-Mar-2024.
An automatic pani puri vending kiosk by What The Flavours in Bengaluru's HSR Layout is gaining attention. The kiosk allows customers to customize their panipuri with flavored water. While some praise the innovation, others note similar machines in different cities. Social media reactions are varied, with users appreciating the hygiene and convenience.
Jupiter Life Line Hospitals Ltd., incorporated in the year 2002, is a Small Cap company (having a market cap of Rs 8578.99 Crore) operating in Hospitals & Allied Services sector.
A year and a half after crippling Covid-19 restrictions ended, the property crisis is just one of the deadweights dragging on China's recovery momentum, sending ripples of unease through the country's leaders and citizens.
Indian indices rose 0.12%, with Sensex gaining 97 points and Nifty 50 reaching a new July record, up 29 points at 9:22 am, trading at 24,615. Nifty rose in 8 out of 12 July sessions. Bharti Airtel, Adani Ports, Tata Steel, and Bajaj Finserv led gains, while HCL Tech, L&T, Tata Motors, and Nestle India saw losses.
Suman Bery said all of this has been achieved in a participative, democratic framework with orderly transfers of power at the level of India's states and at the Center following the recently concluded national elections.
Aggressive hybrid funds are one of the popular hybrid mutual fund categories. These schemes are mandated to invest in a mix of equity (or stocks) and debt. As per Sebi norms, these schemes must invest 65-80% in stocks, and 20-35% in debt. This mixed portfolio helps to deal with the market volatility better.
Global Health Ltd. key Products/Revenue Segments include Hospital Services, Pharmaceuticals and Other Operating Revenue for the year ending 31-Mar-2023.
GPT Healthcare Ltd., incorporated in the year 1989, is a Large Cap company (having a market cap of Rs 1356.86 Crore) operating in General sector.
The Tamil Nadu Electricity Regulatory Commission (TNERC) revised power tariffs for various consumer categories in the state on Monday, according to a press release from the state-run discom, TANGEDCO. This move aims to mitigate the financial losses accrued over the years.
Hindustan Unilever Ltd., incorporated in the year 1933, is a Large Cap company (having a market cap of Rs 615663.40 Crore) operating in FMCG sector.
In June, Bajaj Auto's stock peaked at Rs 10,038 before declining to Rs 9,390, where it found support. It later closed above its 10 and 20-day EMAs, breaking out of a downward channel formed after reaching its peak.
Varun Beverages Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 211529.41 Crore) operating in FMCG sector.
Nikkei rose 0.51% to 41,399.72; Topix 0.8%. Investors betting on Trump's tax policies boosted stocks like Mitsubishi Heavy. Speculations on U.S. rate cuts affected yen/dollar. TDK up 4.2%, Tokyo Electron 0.9%, SoftBank 1.1%. Kawasaki Heavy up 5.4%, and U.S. stocks rose. Assassination attempt on Trump increased his win chances.
The high-level General Debate of the 79th session of the UN General Assembly will take place from September 24-30. As per the provisional list of speakers for the General Debate issued by the UN on Monday, India's "Head of Government" is scheduled to address the high-level session in the afternoon of September 26.
HDFC Life Insurance Company Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 137240.99 Crore) operating in Financial Services sector.
Elon Musk plans to donate $45 million monthly to America PAC in support of Donald Trump's presidential campaign. Other backers include prominent figures like Joe Lonsdale and Kelly Craft. Trump, who survived a shooting, has gained support from wealthy donors like Musk.
Mukesh Sahani's father, Jitan Sahani, was killed on Monday night at his residence in Darbhanga, Bihar. The police have initiated an investigation at the scene.
Over the last few years, we have witnessed multiple policy enablers across areas like manufacturing, formalization, taxation, etc which has created a sound platform for future growth. In the upcoming budget we expect continuity in terms of policy measures and fiscal prudence.
JPMorgan has initiated coverage on Bharti Hexacom with an 'Overweight' rating and a target price of Rs 1,280. The brokerage believes the company is the best in the Indian market for repair pure-play, predicting a 20% CAGR driven by tariff repairs, with returns stronger than peers, boosted by ARPU and subscriber growth tailwinds.