Tech Mahindra Share Price Live Updates: Tech Mahindra’s Weekly Returns Reflect a -0.77% Change
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Three Nifty500 stocks, Cochin Shipyard, Solar Industries India and CreditAccess Grameen, formed the bullish White Marubozu pattern on June 30, signalling strong buying interest and positive momentum for traders.
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KPIT Technologies anticipates a significant drop in its first-quarter FY27 financial performance, with revenue expected to decline by approximately 1% year-on-year. This downturn is attributed to unexpected actions by European automakers facing profit warnings. While short-term challenges are acknowledged, the company remains optimistic about long-term growth driven by outsourcing and automation, expecting a strong rebound…
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Kotak Mahindra Bank will acquire Deutsche Bank India’s retail banking, private banking and wealth management business, adding a sizeable loan book, deposits, assets under management and customers. The deal is expected to strengthen Kotak’s affluent banking franchise while supporting Deutsche Bank’s strategy to focus on its core businesses.
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Four stocks from the Nifty500 segment that gained over 4% featured in the RSI Trending Up scan on June 30 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.
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Kotak has reclaimed the top position in India’s equity capital markets league tables, driven by strong deal execution. With several large public offerings and fundraising transactions in the pipeline, the investment bank is well positioned to strengthen its leadership in the country’s booming capital markets.