Stocks to Watch Today, July 3: Maruti Suzuki, Tata Steel, BPCL, Coal India and others (Image: AI/ET Now) Stocks to Watch Today, July 3: Indian equities are likely to see stock-specific action on Friday as investors react to a series of quarterly business updates and corporate developments. Financial stocks including Bajaj Finance, Union Bank, Central…
A strong July performance for the Nasdaq-100 may not be a sure thing now. A strong July performance for the Nasdaq-100 may not be a sure thing now. Continue Reading with CNBC-TV18 Access Membership Priority Access and Networking: CNBC-TV18’s flagship events Interaction with CNBC-TV18’s journalists Webinars & LIVE Q&As with India Inc. Leaders Exclusive CNBC-TV18…
Shares of Zee Entertainment Enterprises Ltd. are trading as much as 3% lower on Thursday, July 2, after the company’s board approved a capital infusion of up to ₹3,143.52 crore through a preferential issue of fully convertible warrants to promoter group entity Sunbright Mauritius Investments Ltd. According to the company’s exchange filing, the board approved…
Shares of CSM Technologies Ltd. made a flat listing at Dalal Street on Thursday, July 2. The stock was listed at par at ₹113 per share, at the issue price on both NSE and BSE. Ahead of the listing, sentiment in the grey market remains subdued, with the IPO commanding a nil premium, indicating expectations…
The Margin Trading Facility continue to grow in the month of June, as it hit another record level of ₹1.35 lakh crore at the end of the month, a growth of 6.9% from the ₹1.26 lakh crore size at the end of May. What Is The Margin Trading Facility? A Margin Trading Facility (MTF) is…
Benchmark indices on Wall Street had another mixed session on Thursday, July 2, but ended the truncated week on a positive note as a disappointing jobs report allayed some concerns about the US Federal Reserve raising interest rates in its upcoming policy on July 29. The Dow Jones gained over 600 points to close at…
Shares of Bajaj Auto Ltd. and TVS Motor Company Ltd. will be in focus on Thursday, July 2, after both two-wheeler manufacturers reported robust sales for June. While Bajaj Auto’s growth was driven by strong export demand, TVS Motor delivered a better-than-expected performance across key segments. Bajaj Auto Bajaj Auto reported total sales of 4.63…
Bernstein upgraded Ambuja Cements Ltd. to “Outperform” from its earlier rating of “Market Perform” on Thursday, July 2, saying the valuation gap between India’s two largest cement producers has become unsustainable. Despite the upgrade, Bernstein cut its price target on Ambuja Cements to ₹486 from ₹542 per share, which implies an upside potential of 16%…
Shares of state-run lender Bank of India Ltd. surged on Thursday, July 2, in reaction to its provisional business update for the June quarter, where all metrics were higher between 10% to 20% on a year-on-year basis. Bank of India’s global deposits grew by 15% from the same quarter last year to ₹9.58 lakh crore….
Shares of Tata Technologies Ltd. rose as much as 7.5% on Thursday, July 2, after the company announced that it has expanded its partnership with Tenneco LLC through a $100 million strategic engagement over the next five years. With this, the stock has reversed a five-day losing streak. In an exchange filing released after market…
