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Maruti Suzuki shares fell over 2% after the automaker reported an 11% YoY decline in June-quarter standalone net profit, even as revenue rose 36% and sales volumes hit a record high. While Nomura retained a Neutral rating citing margin risks, Motilal Oswal reiterated its Buy call, expecting market share gains, easing input costs and strong…
The Rs 1,800-crore Juniper Green Energy IPO closes for subscription today with a subdued grey market premium of 1%. While institutional demand remains strong, high valuation concerns linger. Proceeds will primarily fund debt reduction, offering a long-term play on India’s expanding renewable energy sector despite limited short-term listing gain prospects.
Domestic markets extended their winning streak for a third consecutive session. Nifty advanced nearly two percent last week, driven by strong quarterly earnings. Analysts expect Indian equities to trade with a positive bias this week. Investors will monitor the RBI’s monetary policy decision and PMI data. Crude oil prices and geopolitical tensions in West Asia…
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India’s stock market introduces new closing times and auction sessions starting today. Continuous trading for F&O stocks ends at 3:15 p.m. for a new auction process. Other stocks will continue trading until 3:30 p.m. while derivatives trade until 3:40 p.m. This new system aims to improve price discovery and reduce market impact. The closing price…
Five stocks in the Nifty500 pack that gained over 5% featured in the RSI Trending Up scan on July 31 after showing improving momentum. The RSI moved above the 50 mark from lower levels, signalling strengthening price action, improving sentiment and potential short-term buying opportunities for traders tracking bullish technical setups.
On July 31, four stocks in the Nifty500 appeared on the White Marubozu bullish scanner, according to StockEdge’s technical scan data. The White Marubozu is a bullish candlestick pattern that signals strong buying pressure throughout the trading session, indicating sustained bullish momentum and the potential for further upside.
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On July 31, five stocks in the Nifty500 closed more than 2% above their Volume Weighted Average Price (VWAP), according to StockEdge’s technical scan data. A close above the VWAP is considered a bullish signal, indicating that buying momentum strengthened during the session and suggesting the potential for further upside.
The Nifty index is approaching a critical juncture after a prolonged consolidation period. Foreign institutional investors are showing early signs of returning after significant outflows this year. The unwinding of global artificial intelligence trades may encourage capital reallocation into India. Recent market gains were supported by strong domestic institutional buying and easing inflation concerns. Technical…