Vedanta Oil & Gas shares fell despite the company reporting a sharp turnaround in Q1 FY27, posting a consolidated net profit of Rs 945 crore against losses in both the year-ago and previous quarters. Revenue rose 8.5% YoY to Rs 2,507 crore, even as the company recorded an exceptional loss of Rs 441 crore during…

Asian Paints shares fell 3% despite better-than-expected Q1 FY27 earnings and multiple target price hikes by brokerages. Nomura retained its Buy rating with a Street-high target of Rs 3,750, citing strong demand and easing competitive pressures. Goldman Sachs maintained Sell, while Motilal Oswal stayed Neutral, highlighting margin resilience despite inflationary pressures and stiff competition.

Eicher Motors shares remained flat on Thursday following a 21% YoY rise in Q1 FY27 net profit to Rs 1,462 crore, backed by record Royal Enfield sales. International brokerages Nomura, Morgan Stanley, and Nuvama issued mixed ratings, setting target prices between Rs 7,763 and Rs 8,900 for the motorcycle maker.

The IPO is a fresh issue of 8 crore equity shares, with no offer-for-sale component. The company has fixed the price band at Rs 214 to Rs 225 per share, while investors can bid in lots of 66 shares. At the upper end of the price band, the minimum investment required for retail investors is…

MV Electrosystems IPO opened for subscription on July 30, 2026, aiming to raise Rs 289 crore via a fresh issue. While the grey market indicates a 25% premium, brokerage firm Swastika Research has recommended avoiding the issue due to FY26 revenue decline, net losses, and ongoing profitability concerns.

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Nine stocks in the Nifty500 pack that gained over 5% featured in the RSI Trending Up scan on July 29 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 29, 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.

Four Nifty500 stocks, including PCBL Chemical, Blue Jet Healthcare, Gland Pharma, and International Gemological Institute, closed above their Volume Weighted Average Price on July 29. Technical data from StockEdge indicates potential bullish momentum as these closing prices exceeded their daily volume-weighted average trading levels.

Indian IT stocks saw a remarkable July rally, adding significant market value and reversing investor pessimism. This surge was largely driven by short sellers closing bearish positions and reassessing AI disruption concerns. Several major IT companies experienced substantial gains, contributing to the sector’s overall market capitalization increase. Investors are now questioning if this rebound signals…