Live stock market updates: Computer, metals and pharmaceutical stocks under sell pressure as India VIX surges 5%. Indiabulls up 14%, Oberoi Realty 5%
National equity benchmarks started the week on a strong note amid buying interest in financials, metals and real estate stocks. UltraTech Cement, Shree Cement and JSW Steel were among Nifty’s top winners, each jumping 2%. Financial stocks benefited from the RBI’s decision to allow reverse mergers of banks over five years old with their holdings. Sentiment was helped by a rally of relief among Asian peers. Among several companies to publish results this week, all eyes will be on the figures for the main software services of Infosys due Wednesday.
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India VIX fear gauge index increases 5%
Sensex and Nifty move to the red zone
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Paytm requires shareholders to raise 12,000 crore rupees; founder Vijay Shekhar Sharma to be declassified as promoter: ET Now
No case for inclusion of DMart in Nifty: Sandip Sabharwal
“In my opinion, there is no reason for Avenue Supermarts to enter the Nifty given their overall profit. Market capitalization should not be the only criterion; profit should also be the criterion, ”said market expert Sandip Sabharwal.
Cement stocks on the rise
Price as of Jul 12, 2021 13:03Click on the names of the companies for their live prices.
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Ador Welding shares up 3% after buying Ashish Kacholia
The latest data from Trendlyne showed that the leading investor held 153,402 shares, or 1.1% stake, in Ador Welding as of June 30, 2021. His stake was hardly worth more than Rs 10.1 crore.
The Firm cleared LIC’s IPO last week: ET Now
The most important factors to watch would be the June quarter results and the unfolding of a third wave of COVID-19
– Aishvarya Dadheech, fund manager at Ambit Asset Management
Godrej Properties shares gain more than 4%
Shares of Godrej Properties gained more than 4% on Monday after the company said it planned to invest more than $ 1 billion over the next two years to acquire and develop new projects under its aim to achieve higher growth.
Vijay Kedia reduces stake in Cheviot Company
Value investor Vijay Kedia offloaded 15,565 shares (worth around Rs 3 crore) of jute maker Cheviot Company during the June quarter, according to the latest shareholder data. With this, his stake in the company fell to 1.29 percent.
Kitex Garments increases 46% in one week. here’s why
Shares of Kitex Garments have seen a secular rise recently, following the company’s intention to relocate to Telangana after a split with the Kerala government. The stock has jumped more than 46% in the past week. The meter has generated a 55 percent return over the past year.
Rupee gains 21 paise to 74.43 against US dollar at start of trade
The Indian rupee strengthened 21 paise to 74.43 against the US dollar early in Monday, following a firm trend in the domestic stock market. At the interbank exchange rate, the national unit opened at 74.49 against the dollar, then edged up to 74.43, recording a gain of 21 paise from its previous close.
Maruti Suzuki increases car prices; stock up 1.5%
Maruti Suzuki India said it has increased the prices of the Swift hatchback and CNG variants of other models up to Rs 15,000. The price change for Swift and all CNG variants is due to an increase in various input costs , said Maruti Suzuki India in a regulatory case.
Top winners and losers in the wider market
IDFC, Ujjivan Small Finance Bank, Edelweiss Financials, Concor, Oberoi Realty and Federal Bank were winners in the wider market, while Adani Total Gas, Coromandel International, AU SSFB, APL Apollo, Just Dial and Vakrangee were under sales pressure.
Gautam Adani to address shareholders at Adani Ports AGM later today
Equitas Holdings stock jumped 20%. here’s why
Equitas Small Finance Bank has received approval from the Reserve Bank of India (RBI) to request the merger of the promoter, Equitas Holdings, into itself.
Intraday selections by Reliance Securities:
Buy Bharti Airtel: For today’s trade, a long position can be initiated in the range of Rs 532-528 for a target of Rs 549 with a strict stop loss at Rs 518. Buy Bosch: For trade of today, a long position can be initiated in the range of Rs 15,235 to 15,175 for a price target of Rs 15,700 with a strict stop loss at Rs 14,890. 1,097 with a strict stop loss at Rs 1,033 .
First Quarter Results Today
HFCL, HMT, Steel Strips: HFCL, HMT, Steel Strips Wheels, Authum Investment & Infrastructure and Indbank Merchant Banking Services are among the companies that will report their quarterly results today.
Asian markets rebound
Asian stocks enjoyed a rally of relief on Monday as record highs on Wall Street and policy easing in China helped calm some of the recent global growth nervousness, though many potential pitfalls lie ahead. this week. On Monday, the largest MSCI index of Asia-Pacific equities excluding Japan gained 0.9%, after losing 2.3% last week. Japan’s Nikkei rebounded 2.3%, and away from a two-month low hit on Friday, while South Korea added 0.9%. Chinese blue chips rose 1.7%.
Nifty Auto up 1%. Here are the best pack winners
Price as of Jul 12, 2021 09:31Click on the names of the companies for their live prices.
Most Sensex stocks open in green; Best winner of the ICICI Bank
Sensex climbs 250 points, Nifty reaches 15,770 points; Ujjivan and Equitas soar by 20% each
Nifty is likely to find support at 15,600
Crude prices have changed little
Oil prices were little changed in early Asian trade on Monday, as a deadlock in talks among major producers to increase production in the coming months kept supplies tight, offsetting concerns about the impact of the coronavirus on the world. ‘Mondial economy. Brent crude for September fell 4 cents to $ 75.51 a barrel at 12:32 a.m. GMT, while US West Texas Intermediate crude for August was at $ 74.57 a barrel, up 1 cent.
Pressure on risky currencies eases
Risk currencies hovered above their recent lows against the dollar and yen on Monday, as fears of a slowing global economic recovery appeared to have subsided for the time being. per dollar Yuan flat at 6.4785 against the greenback
Clever technical view
The NSE barometer tested its recent low at around 15,630, before gaining ground again late in the day. The index formed a small bearish candle, with a long wick, reflecting intraday buying. Analysts said the index is taking a hiatus and the rise appears to be capped for now.
Most Asian Markets Open Up
Asian stock markets opened higher on Monday as investors cheered for Wall Street rebounds, ignoring concerns over the Delta variant of Covid-19. The largest MSCI index of Asia-Pacific stocks outside of Japan rose 0.69%. Japan’s Nikkei rose 2.03% Korea’s Kospi jumped 0.79% Australia’s ASX 200 jumped 0.73% China’s Shanghai Composite added 0.31% Le Hong Kong’s Hang Seng gained 0.40%
US stocks ended at record highs
The three major US stock indexes hit record closing highs on Friday. Bond yields rebounded strongly and stock indexes hit new highs on Friday as Wall Street closed a choppy, holiday-cut trading week with the market’s third consecutive weekly gain. % at 14,701.92