Profit by knowlytics
Investors will focus on the U.S. Federal Reserve’s meeting minutes and the start of the second-quarter earnings season this week to gauge the outlook for interest rates and the sustainability of the recent U.S. stock market rally. While technology stocks, especially semiconductors, have driven market gains, investors are also watching for broader participation from sectors…
Gold and silver prices dipped on the MCX Monday, ending a four-day rally as investors took profits. This occurred despite easing concerns about U.S. Federal Reserve rate hikes, following softer jobs data and falling oil prices.
Shakti Pumps shares rose sharply on Monday trade after the company won a Rs 353.89 crore order from MSEDCL. The contract covers the supply, installation and commissioning of 15,000 off-grid solar photovoltaic water pumping systems under Maharashtra’s Magel Tyala Saur Krushi Pump Yojana.
Four Nifty500 stocks, Poly Medicure, Aditya Birla Real Estate, Siemens Energy India, and Onesource Specialty Pharma, closed over 2% below their VWAP on July 3, indicating potential bearish momentum and heightened selling pressure, according to technical scan data.
India’s top IT firms like TCS and Infosys face a crucial earnings season after a massive Rs 17 lakh crore market value erosion. Analysts anticipate muted results and weak future guidance, citing client spending slowdowns, pricing pressures, and the disruptive impact of AI. Investors are keenly watching if current valuations reflect the anticipated slower growth…
Four Nifty500 stocks, Zensar Technologies, Adani Enterprises, Astral, and ABB India, closed more than 1% above their VWAP on July 3, signaling potential bullish momentum and strengthening positive market sentiment, according to technical scan data.
HDFC Bank shares rose 2% after the lender reported healthy business growth for the April-June quarter of FY27. Gross advances increased 15.4% year-on-year to Rs 30.61 lakh crore, while advances under management rose 12.4% to Rs 31.27 lakh crore. Period-end deposits climbed 14.7% to Rs 31.71 lakh crore, reflecting steady credit and deposit growth.
Indian stock markets surged on Monday, with Sensex and Nifty extending gains for a fourth straight session. Heavy rainfall revived monsoon hopes, while foreign investors turned net buyers, boosting investor confidence. Infosys led the gains, though some stocks like IndiGo saw declines. The market anticipates Q1 results, with financials and autos expected to perform well,…
Foreign investors are holding their lowest stake in India’s top 10 companies in two decades, coinciding with valuations dipping below long-term averages. This presents a potential contrarian opportunity for long-term investors, as these high-quality stocks now appear undervalued. Experts suggest this under-ownership could reverse, leading to outperformance by large-caps, especially as geopolitical risks subside and…
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