Day: September 2, 2026

UltraTech Cem Share Price Live Updates: UltraTech Cement Trading Below Key Support Level

Kwality Walls shares dropped on Wednesday as Reliance Consumer Products entered India’s ice cream market with Bombay Creamery, raising competition concerns. The stock extended its losing streak to seven sessions, declining 11% during the period. RCPL plans a pan-India rollout after launching the brand in western India, with prices starting at Rs 10.

HDFC Bank shares remain under pressure, falling nearly 30% so far this year as investors assess the lender’s CEO succession process. Technical analysts see a weak trend, with key support around Rs 710 and resistance near Rs 750-780, while Jefferies has identified several potential internal and external candidates for the top job.

Hero MotoCorp shares fell after August dispatch data showed year-on-year declines in motorcycle and export volumes, despite strong scooter sales keeping overall dispatches positive. The stock’s one-week loss widened to 4.64%, underperforming the benchmark’s 1.97% decline.

ACMA and BCG said fast-growing sectors such as data centres and renewables are competing for common inputs and talent, even as vehicle demand remains robust

Swiggy shares fell sharply on Wednesday, extending their two-session decline to 6% and erasing nearly Rs 5,000 crore in market value. The stock faces potential foreign outflows after entering the NSDL red-flag list and possible exclusion from MSCI and FTSE indices. Jefferies, however, retains a Buy rating with a Rs 435 target.

Axis Securities presents a curated list of 15 stocks with potential returns of up to 40%. Discover which sectors and stocks are poised for growth amidst geopolitical tensions and economic shifts.

Analysis by Nikhil Kamath reveals that aggressive selling by FIIs during market crises often precedes gains in the Nifty 50. Historical patterns show domestic investors performed better than FIIs during such sell-offs, indicating FII timing may not always be accurate.

Chinese and Hong Kong stocks fell as rising oil prices, higher bond yields and geopolitical tensions intensified inflation and interest-rate concerns. Major indexes declined, while gold, technology, auto and property stocks weakened. A lacklustre Shein debut added pressure in Hong Kong, although Chinese officials signalled openness to U.S. businesses.

The search operation is continued by the ED’s Mumbai zonal office under section 17 of PMLA, 2002, which grants authorised officers the power to conduct search and seizure operations if they have documented reasons to believe that a person is involved in money laundering or possesses proceeds of crime, covering the premises of the suspects…