In the month of June, Sensex lost 4.5 percent and Nifty50 shed 4.8 percent. While FIIs sold equities worth Rs 58,112.37 crore, DIIs bought equities worth Rs 46,599.23 crore during the month
The massive loss was due to a one-time write-down of inventory worth Rs 509.50 crore.
Among sectors, Realty and FMCG indices up 1-2 percent, while oil & gas index shed 3 percent. BSE midcap index rose 0.6 percent and smallcap index ended flat.
TCS results, services PMI, minutes of the US Federal Open Market Committee meeting are key data points to track
On the BSE, Shalimar Paints, ITC, and Insecticides (India) touched their 52-week highs. On the other hand, Parsvnath Developers, Chambal Fertilisers & Chemicals, Parag Milk Foods, Hindustan Zinc, and Inox Wind hit their 52-week low.
The US economy contracts 1.6% in the first quarter. Amid rising inflation, slowing growth and recession concerns, how to guard your investments? Watch Karunya Rao in conversation with Anubhav Sahu of Moneycontrol Pro and Santosh Rao of Manhattan Venture Partners as they simplify the key numbers and share their advice for new investors.
The government's surprise new windfall gains tax on the oil and gas sector has spooked investors. Watch Santo & CJ discuss how it could hit the market's performance in the near term. Plus, tune into the dynamic duo's views on HAL, Oil India, and Bajaj Auto.
Hem Securities is bullish on Action Construction Equipment has recommended buy rating on the stock with a target price of Rs 250 in its research report dated June 30, 2022.
Hem Securities is bullish on Mahindra and Mahindra Financial Services has recommended buy rating on the stock with a target price of Rs 193 in its research report dated June 29, 2022.
Sharekhan is bullish on Sundram Fasteners has recommended buy rating on the stock with a target price of Rs 1030 in its research report dated June 30, 2022.
The new excise duty will severely restrict the benefits from elevated global crude oil prices for ONGC, Oil India
Overall, two-wheeler sales rose merely 2 percent year-on-year to 315,948 units in the previous month
The board has fixed August 18, 2022 as a record date for ascertaining entitlement of eligibility of shareholders for bonus shares.
According to Geojit , Prices of eggs have skyrocketed to six-month highs in key consuming cities across India due to a spike in cost of rearing broilers, even as demand remains firm.
ICICI Direct, The euro edged higher by 0.43% on Thursday amid weak dollar. Further, euro was supported by strong euro area unemployment rate data.
ICICI Securities has tanked 45% in 2022 while Deepak Fertilisers is up 59%. Watch Santo & CJ argue over which stock is worth considering for the remainder of the year. Plus the duo share their views on current market set-up, one dividend stock, and one consumer-centric play.
After short term correction, Talbros Automotive Components took support near 200 day SMA (Rs 413) and reversed sharply. Post reversal, in this week so far, it rallied over 15 percent and also formed a long bullish candle on weekly and daily charts.
As June sales numbers are awaited, will the period be another healthy month for auto stocks? We ask Piyush Parag of Sharekhan by BNP Paribas. And as usual, we answer all your stock queries LIVE with Ashish Chaturmohta of JM Financial
Stocks to Watch: Check out the companies making headlines before the opening bell.
Talking about overall mood in market, Vidnyan Sawant of GEPL Capital said the current trend in Nifty is rangebound between 15,930 and 15,367 but is negative-biased
Among sectors, Realty and FMCG indices up 1-2 percent, while oil & gas index shed 3 percent.
Sharekhan recommended Hold rating on Nippon Life India Asset Management with a target price of Rs 305 in its research report dated June 29, 2022.
Sharekhan is bullish on KEI Industries has recommended buy rating on the stock with a target price of Rs 1300 in its research report dated June 29, 2022.
Sharekhan is bullish on Tata Power Company has recommended buy rating on the stock with a target price of Rs 250 in its research report dated June 29, 2022.
CD Equisearch recommended hold rating on Escorts Kubota with a target price of Rs 1550 in its research report dated June 30, 2022.