TATA STOCKS
US inflation data, IT stocks propel Indian indices to fresh highs The NSE Nifty rose 186.20 points, or 0.77%, to close at 24,502.15, having hit a lifetime high of 24,592.20 during the day. The BSE Sensex rose 622 points, or 0.78%, to end at 80,519.34, down from an intraday record of 80,893.51.
13 Jul, 2024, 07.20 AM ISTIT stocks surge up to 6% led by midcap counter Mphasis as TCS Q1 cheers D-Street Indian IT stocks surged due to TCS's robust June quarter earnings. The Nifty IT index rose 3.7%. Infosys and TCS led gains with Rs 62,613 crore revenue and Rs 12,040 crore net profit. MphasiS had notable intraday gains, while HCL Technologies showed...
12 Jul, 2024, 12.09 PM ISTTCS, Infy power D-Street to fresh record highs! Sensex soars 900 points, Nifty tops 24,500 for the first time Indian markets rose Friday, led by TCS's strong June quarter. Sensex climbed 281 points, Nifty50 up 93 points. Stocks like TCS, Infosys, and Adani Ports surged. Maruti fell. US inflation data raised September Fed rate cut chances, noted by CME FedWa...
12 Jul, 2024, 11.12 AM IST- ADVERTISEMENT
Hot Stocks: Brokerage take on TCS, Zomato, Federal Bank, ABB, Vedant Fashions and Prestige Estates Jefferies upgraded TCS post Q1 earnings, increasing its target. UBS reviewed Zomato, Federal Bank, and ABB India. Morgan Stanley reaffirmed 'Buy' for Prestige Estates, while Axis Capital downgraded Vedant Fashions.
12 Jul, 2024, 09.19 AM ISTExplainer: Vijay Kedia stock, Adani Power among over 1,000 other scrips knocked out of acceptable NSE collateral list. What it means The NSE has revised criteria for securities used as collateral in margin trading. 1,010 stocks, including Adani Power and Yes Bank, will be impacted. New rules require securities to meet specific criteria. Changes to take effect from August 1, 2024.
11 Jul, 2024, 03.32 PM ISTTata Elxsi shares fall 3% on disappointing Q1 results. Should you buy or sell? Tata Elxsi Share Price: Tata Elxsi's shares dropped 3% on BSE after a 3% YoY profit fall to Rs 184 crore in June 2024. Revenue rose 9% YoY to Rs 926 crore; net profit sequentially declined 6%. EBITDA fell 3% QoQ. Margins at 27.23%. CEO Manoj Raghava...
11 Jul, 2024, 01.14 PM ISTOver 1,000 stocks won’t be accepted as collateral from Aug 1; Adani Power, Yes Bank on the list National Stock Exchange updates collateral criteria, leading to exclusion of stocks like Adani Power and Yes Bank. Over 1,000 securities affected. Changes in effect from August 1. Investors advised to review their portfolios.
11 Jul, 2024, 11.24 AM ISTSensex, Nifty rise at open tracking positive cues from Asian peers 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 Nestl...
11 Jul, 2024, 09.54 AM ISTTCS Q1 Preview: PAT may grow 8% YoY to Rs 11,984 crore, revenue uptick seen at 4.8% TCS expects an 8% YoY net profit increase to Rs 11,984 crore and a 4.8% revenue growth to Rs 62,234 crore. Estimates from Kotak, Prabhudas Lilladher, and ICICI Securities highlight BFSI and retail gains. EBITDA is at Rs 16,572 crore. Q1 results on J...
11 Jul, 2024, 08.39 AM ISTStock Radar | Should you buy now? Tata Consumer looks set to resume uptrend: Ajit Mishra “We are seeing recovery in the FMCG pack and Tata Consumer looks set to resume the trend. Traders can buy for a target of Rs 1390 in the next 1-2 months,” Ajit Mishra – SVP, Research, Religare Broking Ltd, said.Stock Radar | Should you buy now? Tata...
11 Jul, 2024, 07.00 AM ISTStocks in news: Nykaa, TCS, Tata Elxsi, Glenmark Life, YES Bank, Siemens Markets fell half a percent. TCS, Tata Elxsi, Anand Rathi Wealth, and Akme Fintrade Q1 results are in focus. Canada Pension Plan sold Nykaa shares at Rs 174 apiece. Glenmark promoters to sell a 7.85% stake. Moody's affirmed YES Bank's Ba3 rating. Si...
11 Jul, 2024, 06.42 AM ISTStock Radar: FMCG stocks in focus! Tata Consumer forms strong base above 1000 since March; time to buy? The FMCG stock hit a record high of Rs 1,269 on March 7, 2024, but soon after the rally lost steam. Treading below the 20- & 30-week moving average, it found support above the 1,000 level. This is the level in which it has consolidated in a range si...
11 Jul, 2024, 05.00 AM ISTBillion-dollar specialists! Persistent, KPIT to outperform with up to 30% returns, says Bernstein Bernstein has an outperform rating for Persistent Systems and KPIT, setting a target price of Rs 5,920 for Persistent, reflecting a 30% upside scope, and Rs 2,120 for KPIT, indicating a 25% upside potential.
10 Jul, 2024, 04.25 PM ISTSensex ends over 400 points lower, smallcaps worst hit. 5 factors brought the bears out Stock Market Crash: Sensex plunged over 800 points intraday on Wednesday, with Nifty dropping over 1%, shaking retail investors accustomed to daily gains but recovered half of the losses towards the end of the day. Smallcap and midcap indices saw th...
10 Jul, 2024, 03.44 PM ISTStocks in news: Nykaa, Adani Wilmar, Titan, Bandhan Bank, IndusInd Bank, Marico, Dabur Markets uptrend; focus stocks: Nykaa, Adani Wilmar, Titan, Bandhan Bank, IndusInd Bank, Marico, Dabur, BigBloc Construction, Tinna Rubber and Infra, ASM Technologies. Punjab & Sind Bank to open 100 branches. PC Jeweller’s settlement approved. Tata M...
08 Jul, 2024, 06.44 AM ISTSKF India, Tata Power among 5 stocks to trade ex-dividend tomorrow Investors rejoice as lucrative dividend opportunities await with Tide Water Oil Company (India) trading at around Rs 2,389.85 on BSE, declaring a generous dividend of Rs 20 per share for eligible shareholders on July 4.
03 Jul, 2024, 11.08 AM ISTStock Radar: TCS showing signs of bottoming out; likely to reclaim 4,000 level The IT stock hit a high of Rs 4,254 on the S&P BSE Sensex on March 18, but experienced a subsequent decline, reaching levels around 3,500 points. A rebound followed, with the stock reaching a low of approximately 3,600 points on June 4, 2024. A stea...
02 Jul, 2024, 12.00 PM ISTStocks in news: Patanjali Foods, IOL Chemicals, Carysil, Tata Steel, Coal India Coal India's coal production rose 8% to 189.3 million tonnes in the first quarter. Patanjali Foods approved the acquisition of the home and personal care business. DCX Systems received a Rs 1,250 crore order.
02 Jul, 2024, 06.42 AM ISTCorporate Watch: M&M, Tata Comm among 36 stocks in spotlight this week Welspun Enterprises and DJ Mediaprint declared dividends with ex-dates on July 5. Escorts Kubota also set July 5 as the ex-date for dividend issuance. Several other companies like Tide Water, SKF India, and Balaji Amines have dividend and ex-date an...
01 Jul, 2024, 09.58 AM ISTHot Stocks: Brokerages view on Kotak Bank, Tata Motors, Uno Minda, and Tata Technologies Macquarie upgraded Kotak Mahindra Bank, City Union Bank, and Bandhan Bank to outperform with raised target prices. They downgraded SBI to underperform but increased its target price.
20 Jun, 2024, 10.41 AM IST