Stock Market Highlights: Tech View: Nifty charts hint at indecisiveness; key hurdle at 24,400. Here’s how to trade on Tuesday
![Stock Market Highlights: Tech View: Nifty charts hint at indecisiveness; key hurdle at 24,400. Here’s how to trade on Tuesday Stock Market Highlights: Tech View: Nifty charts hint at indecisiveness; key hurdle at 24,400. Here’s how to trade on Tuesday](https://img.etimg.com/thumb/height-450,width-600,imgsize-2206051,msid-111564555/stock-market-highlights-tech-view-nifty-charts-hint-at-indecisiveness-key-hurdle-at-24400-heres-how-to-trade-on-tuesday.jpg)
The short term trend of Nifty continues to be positive. There is a possibility of continuation of this range movement for the next 1 or 2 sessions before witnessing further up move above 24400 levels. A sustainable move above the key hurdle of 24400 levels could open a sharp up move for the market ahead, said Nagaraj Shetti of HDFC Securities.
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Akums Drugs gets Sebi's nod to float IPO
Sebi puts SK Finance's Rs 2,200-cr IPO in abeyance
Exxon Mobil expects oil prices to boost second-quarter earnings
Indecisive trading day for Nifty as investors await breakout above 24,400
The short term trend of Nifty continues to be positive. There is a possibility of continuation of this range movement for the next 1 or 2 sessions before witnessing further up move above 24400 levels. A sustainable move above the key hurdle of 24400 levels could open a sharp up move for the market ahead, said Nagaraj Shetti of HDFC Securities.
Pakistan stock exchange resumes trading after 2-hour halt on fire
The stocks trading restarted at about 12.30 pm local time.
Cryptocurrency price on July 8: Bitcoin dips below $57K, altcoins Ethereum, BNB up 1%
RailTel Corp to pay Rs 1.85/share as final dividend: Report
Nifty Bank closes lower; strong support is placed at 52000: Experts
The Nifty Bank closed 176 points lower at 52,484 while the Nifty50 closed flat but with a positive bias at 24,332.
Kotak Mahindra Bank, ICICI Bank, IndusInd Bank and Federal Bank closed in the green while some selling was seen in PNB, IDFC First Bank, Bank of Baroda and AU Small Finance Bank.
Rupee falls 1 paisa to 83.50 against US dollar
The Nifty remained range-bound during the day, as market participants appeared to be in no hurry to decide the market's direction. Support remains at 24,240, and a fall below this level might weaken the strength of the bulls. Until then, dips might be bought into. On the higher end, resistance is seen at 24,375-24,400. Above 24,400, the index might move towards 24,600.
Sensex Today | Stock Market LIVE Updates: HDFC Bank continues to weigh down, whereas RIL continues to provide strong support for Nifty
Rupee falls 1 paisa to close at 83.50 against US dollar
Sensex Today | Sector View: FMCG stocks shine
The market is turning to a consolidation phase due to the absence of major triggers to support the current premium valuation in the near term, prompting investors to book some profits. The earnings season is around the corner, and the initial expectation is subdued. With stable input prices and ongoing price cuts, the period of margin expansion appears to be concluding, which is likely to affect earnings and valuations.
Stock Market LIVE Updates: Railway stocks surge up to 15% ahead of Union Budget
Sensex Heatmap: 15 of 30 Sensex stocks end in the green
Closing Bell: Nifty holds 24,300
Closing Bell: Sensex ends volatile session 36 pts lower, Paytm jumps 8%, YES Bank sheds 4%
Sensex Today | Stock Market LIVE Updates: FMCG bucks the trend, top sectoral gainer
Stock Market LIVE Updates: Japan's net sale of foreign bonds in June biggest in two years
Stock Market LIVE Updates: LIC premium up 13.6%; total APE 20.8% & retail APE 12.7% in June
Stock Market LIVE Updates: CGPower appoints Amar Kaul as MD & CEO for 5 years effective July 25
Sensex Today | Stock Market LIVE Updates | Tata Consumer Products Limited (TCPL) will continue to invest in its brands and accelerate the growth momentum of the core businesses, tea, coffee and salt, the company's annual report said.
Sensex Today | Stock Market LIVE Updates | Sakar Healthcare starts product Dossier submission to overseas countries.
Sensex Today | Stock Market LIVE Updates | GRM Overseas Partners with diplomat, set to expand presence in Georgia; stock rallies 6%
Sensex Today | Stock Market LIVE Updates | ICICI Prudential Life Insurance's Q1FY25 new business premium rises 23.5% YoY
Sensex Today | Stock Market LIVE Updates | GE Power India receives purchase order from NTPC worth Rs 1.87 crore
Sensex Today | Accel and Flipkart-backed Zinka Logistics files DRHP with Sebi for IPO
Sensex Today | Stock Market LIVE Updates | Waaree Renewable Technologies gets 412.5 MW solar project in Rajasthan; stock jumps 5%
Sensex Today | Stock Market LIVE Updates | Railway Stocks in Focus: Surge up to 13% ahead of Union Budget
Sensex Today | Stock Market LIVE Updates | Tata Motors Q1 Update
Sensex Today | Stock Market LIVE Updates | RIL shares hit fresh 52-week high
Stock Market LIVE Updates | French shares dip after left wins most seats in parliamentary elections
Shares of BNP Paribas, France's largest bank, fell by 1.2%, while SocGen saw a dip of 1.4%.
Europe stocks fall on French post-election uncertainty
In the eurozone, the Paris CAC 40 benchmark stocks index sank 0.4 percent and Frankfurt's DAX shed 0.1 percent, while London's FTSE 100 index was down 0.3 percent in value.
Sensex Today | Stock Market LIVE Updates | BUZZING! Paytm shares surge 8%
Sensex Today | PC Jewellers shares hit 10% upper circuit on PNB approval for one-time settlement of dues
Sensex Today | Stock Market LIVE Updates | Sensex drops 200 points
Sensex Today | Stock Market LIVE Updates | Adani Group stocks tick lower
Sensex Today | Stock Market LIVE Updates | Top gainers & losers at this hour
Sensex Today | Stock Market LIVE Updates | Man Industries receives order for offshore line pipesworth Rs 1,850 crores; stock jumps 6%
Sensex Today | Stock Market LIVE Updates | Edelweiss Financial Services announces Rs 200 crore public issue of secured redeemable Non-Convertible Debentures (NCDs)
Sensex Today | L&T wins Rs.10,000- 15,000 crore order to build solar plants in Middle East
Sensex Today | Stock Market LIVE Updates | Phoenix Mills Q1 Update
Sensex Today | Stock market today: Asian stocks mostly fell, Euro drop on French election outcome
The Euro briefly surpassed $1.08 before its gains were restrained by surprising results from the French parliamentary elections.
China stocks fall for fifth session as economic, geopolitical woes weigh
Sensex Today | Stock Market LIVE Updates | Tata Motors shares surged 1.5% in early trade after the company posted a 5% year-on-year growth in JLR factory-level sales in the June quarter.
Sensex Today | Stock Market LIVE Updates | Nestle India announces dividend of Rs 2.75 per share
Sensex Today | Stock Market LIVE Update | Titan share price declined 4% after the company reported weak growth in the jewellery business during the first quarter of FY25, disappointing the street.
Sensex Today | Stock Market LIVE Updates | BEL, NHPC among most active stocks in morning trade
Rupee rises 5 paise to 83.44 against US dollar in early trade
Sensex Today | Stock Market LIVE Updates | Heatmap: Top Sensex gainers & losers in today's trade
Sensex Today | Stock Market LIVE Updates | Nifty tests 24,300
Sensex Today | Stock Market LIVE Updates | Opening Bell: Sensex falls over 150 points, Nifty tests 24,300; BoB drops 3%, Titan 2%
Sensex Today | Stock Market LIVE Updates: Sensex drops 300 points; Nifty below 24,300 in pre-open trade
Stock Market LIVE Updates: Saurabh Mukherjea gives 3 themes that can create new opportunities for Indian investors
Stock Market LIVE Updates | Positive Breakout: These 4 stocks cross above their 200 DMAs
Brokerage Radar: JPMorgan on Marico
- Overweight with TP of Rs 660
- Q1 revenue ahead of expectations; on track to reach double-digit growth in H2
- Expect pricing growth to turn more favorable in coming quarters as edible oil prices o by normalize
- Expect Value Added Hair Oils (VAHO) growth to turn positive Pin Q2
Stock Market LIVE Updates | Brokerage Radar: CITI On Bank Of Baroda
- Maintain Buy with target price of Rs 300
- Q1FY25 Business Update Growth Moderates Sharply
- Balance Sheet Consolidation, NIM Management Seems The Priority
- Normalization of credit cost seofcould be offset by higher Q1
- seasonality
- Absence of wage revision impact to provide support to broadly stable ROA
Stock Market LIVE Updates | Brokerage Radar: Goldman Sachs On Titan
- Maintain Buy; Cut target price of Rs 3,700 from Rs 3,800
- Q1 revenue update was disappointing
- Jewellery slowdown much sharper than expected
- Key competitor did much better in 1Q, which is a cause for concern
- Titan's jewellery margins also ON likely to be weak
Stock Market LIVE Updates: Sebi likely to act against ‘silent’ PMS firms
Stock Market LIVE Updates | Brokerage Radar: Investec On Power Utilities
- NHPC - Initiate Buy with TP of Rs 124
- Inox Wind - Initiate Buy with TP of Rs 176
- Kalpataru Projects – Initiate Buy with TP of Rs 1,473
- KEC International - Initiate Buy with TP of Rs 1,002
- JSW Energy – Initiate Hold with TP of Rs 687
- Power demand to remain strong over FY24-FY32
- Onus back on thermal to meet rising demand
- Wind and Transmission space to witness fresh capex on RES play
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- Despite these developments, country could witness peak deficit
Stock Market LIVE Updates | Big movers on D-Street: What should investors do with Raymond, RBL Bank and AstraZeneca India?
Euro dips as markets brace for post-election gridlock in France
During Asian trading, the euro fell by approximately 0.2% to $1.0819, while long-term French bond futures dropped by 20 ticks, leading to an implied yield of 3.13%.
Sensex Today | Stock Market LIVE Updates | D-Street Recap
Here's how analysts the market pulse:
“Looking forward, market direction will largely be influenced by upcoming earnings reports and discussions on the Union Budget. Global market trends, particularly the robust performance of US markets, will also be closely watched,” said Ajit Mishra – SVP, Research, Religare Broking.
Oil little changed as investors eye impact of storm Beryl on Texas
Brent crude futures inched up 11 cents, or 0.1%, to $86.65 a barrel as at 0042 GMT after closing down 89 cents on Friday.
Sensex Today | Stock Market LIVE Updates | Forex News
- The euro fell 0.2% to $1.0823
- The Japanese yen was little changed at 160.63 per dollar
- The offshore yuan was little changed at 7.2914 per dollar
Sensex Today | Stock Market LIVE Updates | Global Market Update
- S&P 500 futures fell 0.2% as of 9:37 a.m. Tokyo time
- Hang Seng futures fell 0.3%
- Japan’s Topix fell 0.4%
- Australia’s S&P/ASX 200 fell 0.4%
- Euro Stoxx 50 futures were little changed