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HCC share price: Support on the counter could be seen at Rs 24.20.
Updated : Aug 11, 2023

Rs 12 to Rs 25: Multibagger HCC shares soared over 100% in a year. More steam left? Analysts divided

HCC share price: On the technical setup, the stock traded higher than the 5-day, 10-, 20-, 30-, 50-, 100-, 150-, and 200-day simple moving averages (SMAs). The counter's 14-day relative strength index (RSI) came at 70.49. A level below 30 is defined as oversold while a value above 70 is considered overbought. The company's stock has a negative price-to-equity (P/E) ratio of 8.39 against a price-to-book (P/B) value of 4.93.

The Noida-headquartered company will utilise the net proceeds from the issue to enhance its working capital requirements
Updated : Aug 11, 2023

169% jump on debut! Oriana Power makes a blockbuster debut on NSE. Check the details here

Shares jump to Rs 317.10 apiece against an issue price of Rs 118. The scrip was listed at Rs 302

Defence stocks are placed favourably because they offer long-term execution growth visibility, backed by robust order book and a healthy pipeline, timely execution due to localisation, integrated modular construction.
Updated : Aug 11, 2023

Defence stocks to buy: HAL, Bharat Dynamics, BEL, MTAR Tech are Phillip Capital's top picks

Defence stocks: Phillip Capital is optimistic on favourable policies with highest priority for local manufacturing, Agnipath Scheme and strategic partnerships.

Axis Bank, Kotak Mahindra Bank, Bajaj Finance, Bharti Airtel, Larsen & Toubro, Wipro, Mahindra & Mahindra, ITC and Maruti Suzuki are some other stocks that are expected to see outflows.
Updated : Aug 11, 2023

RIL, Infosys, ICICI Bank, HDFC Bank, TCS shares to see outflows on drop in MSCI weightages

RIL may see $130 million in outflows. It would be followed by ICICI Bank ($78 million) and Infosys ($77 million). HDFC Bank ($58 million) and TCS ($53 million) would be two other stocks seeing over $50 million in outflows.

ACC, a Adani group stock, would be the only scrip that is excluded from the list. This stock is expected to see $75 million in outflows.
Updated : Aug 11, 2023

PFC, REC, Ashok Leyland, IDFC First Bank shares to see $150-200 million inflows each on MSCI inclusion

Cummins India, HDFC Asset management, IDFC First Bank, Supreme Industries and Astral are other stocks that are likely to see strong inflows on MSCI inclusion.

HAL Q1 results: InCred Equities expects sales to grow 20 per cent YoY, driven by strong execution in services (R&O) segment and some deliveries of manufacturing orders.
Updated : Aug 11, 2023

IRFC, Nykaa, JSPL, ONGC, Patanjali Foods, Info Edge and HAL to share Q1 results today. Analyst views

ONGC Q1 results: ICICI Securities expects ONGC to report a 56 per cent YoY drop in profit at Rs 6,700 crore on a 27 per cent YoY drop in sales at Rs 30,700 crore.

Tata Steel is trading in a ascending triangle pattern since June. It has reversed facing resistance from the upper end of the said pattern.
Updated : Aug 11, 2023

Tata Steel, Jindal Steel, JSW Steel: How should you trade these metal stocks

Jindal Steel has been making higher high- low formations since June and has found good support near 10- and 20-EMAs on the daily chart.

Image: Adani Ports and Adani Enterprises topped among the gainers and rose about 2 per cent each. IndusInd Bank also posted similar gains
Updated : Aug 10, 2023

Sensex, Nifty fall after RBI policy outcome; ZEEL, ZMCL jump up to 18%, Dreamfolks tanks 15%

BSE Sensex shed 307.63 points, or 0.47 per cent, to settle at 65,688.18, while NSE's Nifty50 dropped 89.45 points, 0.46 per cent, to end the day at 19,543.10 for the day

Apollo Hospital could be in for some severe decline in weeks to come. The stock has been trading below its 20- and 50-DMA on the daily scale.
Updated : Aug 10, 2023

SAIL, Apollo Hospital, Hindustan Aeronautics: How should you trade these stocks

After correcting from a high of Rs 96, SAIL found support at Rs 90 level. These are strong supports, as they correspond to intermediate highs tested in the previous month.

Suzlon Energy Ltd topped the volume chart on NSE. The stock was up 4.30 per cent at Rs 19.40, as 11,66,17,767 shares worth Rs 225.70 crore changed hands
Updated : Aug 09, 2023

IRFC, HCC, Suzlon Energy and IRCON shares lead NSE volume chart

Shares of HCC soared 11.91 per cent to Rs 22.55. A total of 9,27,23,286 HCC shares worth Rs 202 crore changed hands so far.

Stocks in news: Tata Chemicals, Paytm, Inox Wind, Adani Ports, Adani Green and more
Updated : Aug 08, 2023

Stocks in news: Tata Chemicals, Paytm, Inox Wind, Adani Ports, Adani Green and more

Stocks to watch out for today: Torrent Pharma, Tata Chemicals, Paytm, Sobha, Godrej Consumer, Inox Wind, BEML, Adani Ports, Coal India, Siemens, Hindalco, Adani Green and more

 Hindalco has been gradually rising from the strong support zone of Rs 400-410 levels, as it moved past the important moving averages of 50-EMA and 200-DMA.
Updated : Aug 08, 2023

Tata Power, Hindalco, Coal India: Key levels to watch out for in these buzzing stocks

Tata Power has witnessed decent gains recently as it touched the peak zone of Rs 245 level. From there, it faced resistance and has fallen to some extent.

Lloyds Engineering share price: The stock saw profit booking today and settled 9.30 per cent lower at Rs 50.45 against a previous close of Rs 55.62.
Updated : Aug 07, 2023

Lloyds Engineering shares dive 9%, off one-year high on profit booking; here's what analysts say

Lloyds Engineering share price: On the technical front, analysts largely said that the counter looked 'overbought'. Bourses BSE and NSE have put the securities of Lloyds Engineering under the long-term ASM (Additional Surveillance Measure) framework. Exchanges put stocks in short-term or long-term ASM frameworks to caution investors about high volatility in share prices.

IRCON International, a turnkey construction company, saw its shares surging 6.75 per cent to Rs 102.33. Rail Vikas Nigam advanced 1.59 per cent to Rs 124.65.
Updated : Aug 07, 2023

IRFC, IRCON, RVNL, RailTel, other railways-linked stocks rally on $3 billion Amrit Bharat Station Scheme

Shares of Indian Railway Finance Corporation Ltd, the dedicated funding arm of Indian Railways, climbed 6.01 per cent to Rs 47.89 on BSE.

Top stock picks for today: In the banking space, Choksey picked HDFC Bank, Axis Bank and ICICI Bank as long-term fundamental bets.
Updated : Aug 07, 2023

HDFC Bank, Axis Bank, ICICI Bank & Bajaj Finance among Deven Choksey's top stock picks

Top stock picks for today: Deven R Choksey on Monday told BT TV that if the economy has to move to $5 trillion mark in the next 3 to 5 years, banking and finance companies with a larger balance sheet would remain extremely effective preposition.

This week, the market will be looking for major economic data such as RBI interest rate decision, industrial production data, and core inflation data in the US
Updated : Aug 06, 2023

Sensex, Nifty this week: From RBI rate decision to US inflation, factors that may drive Dalal Street

This week, the market will be looking for major economic data such as RBI interest rate decision, industrial production data, and core inflation data in the US

Nifty bounced a little on Aug 4 on expected lines. It is in the process of a small pullback.
Updated : Aug 05, 2023

Weekly Market Wrap: D-Street extends losses amid weak global macros. What lies ahead?

Indian equity benchmarks ended lower in the recently-concluded trading week after Fitch Ratings downgraded the US sovereign credit grade

The dollar meanwhile fell 0.5% against a basket of major currencies, a reversal after two consecutive weekly gains.
Updated : Aug 04, 2023

Wall St extends gains on slowing but strong US labor market

The Dow Jones Industrial Average rose 0.35%, to 35,338.46 and the S&P 500 gained 0.59%, to 4,528.33.

Delhivery Q1 results: Net loss narrows to Rs 89 cr, revenue up 10%
Updated : Aug 04, 2023

Delhivery Q1 results: Net loss narrows to Rs 89 cr, revenue up 10%

The revenue of the company grew by 10% to Rs 1,929.7 crore compared to Rs 1,745.7 crore in the previous year

Dixon Tech shares climbed 8.42 per cent to hit a high of Rs 4,812.70 on BSE. The stock is up 16.68 per cent for the two-day period.
Updated : Aug 04, 2023

Dixon Tech, Netweb shares gain up to 17% in 2 days. Analyst views on govt import restriction

Dixon Tech, Netweb: This announcement will give thrust to important electronics where India is reliant on imports, said Divam Sharma, Founder and CEO of Green Portfolio PMS.

Top stock picks for today: MGL's consolidated net profit stood at Rs 368.40 crore in Q1 FY24, compared to Rs 185 crore in the year-ago period.
Updated : Aug 04, 2023

Mahanagar Gas, Deep Industries: Here's what Avinash Gorakshakar of ProfitMart says on these 2 stocks

Top stock picks for today: Avinash Gorakshakar on Friday told BT TV that MGL posted strong numbers in the first quarter of the current financial year (Q1 FY24). The company's operating EBITDA almost doubled. "Buy at current levels for a target price of Rs 1,500 in the next 12-15 months," he suggested.