10:49 AM
Stable govt, policy continuity, Budget: Why Nomura is positive on India
The confidence stems from the Narendra Modi-led NDA government taking charge at the Centre which, Nomura believes, appears to be stable, primarily due to the major number of seats held by the Bharatiya Janata Party (BJP) in the coalition government. READ MORE
10:30 AM
ALERT :: Suzlon in focus; stock up over 2%
10:17 AM
RVNL share price surge 3% on multiple order wins; up 52% in 3 months
In an exchange filing, RVNL said, “It is hereby informed that Siemens-RVNL consortium has received Letter of Acceptance (LoA) from Bangalore Metro Rail Corporation Ltd for engineering, supply, erection, testing and commissioning of 33 KV distribution, 750V DC third rail traction electrification including traction substations, auxiliary substations and SCADA system for Phase-2A & Phase 2 B.” READ MORE
9:58 AM
Crude oil strategy for June 11: Trend remains weak, WTI eyes support at $76
Prices have also found some support after US Energy Secretary Jennifer Granholm told media that the US could hasten the rate of replenishing the Strategic Petroleum Reserve as maintenance on the stockpile is completed by the end of the year. The replenishment of the SPR is needed after President Joe Biden ordered the sale of 180 million barrels over six months in 2022 in an effort to control fuel prices after Russia’s invasion of Ukraine. READ MORE
9:43 AM
These 3 F&O stocks have seen up to 35% long buildup; trading guide here
Amid the market rally, one out of every three futures & options stocks has gained more than 10 per cent during this period, with Aditya Birla Fashion Retail, Chambal Fertilisers and Ramco Cements leading the pack with gains in excess of 20 per cent each. READ MORE
9:32 AM
PTC Industries partners with various cos under DTIS scheme
>> The company has partnered with leading entities under the DTIS scheme in the Indian Defence and Aerospace sector to advance the ‘Make in India’ initiative.
9:29 AM
RVNL extends order win streak, bags Rs 138-cr order from Central railway
>> Rail Vikas Nigam Limited (RVNL) has emerged as the Lowest Bidder (L1) from Central Railway for ‘OHE modification work for up-gradation of existing 1 x 25 kV electric traction system to 2 x 25 kV AT feeding system’ in the Nagpur division of Central Railway to meet 3,000 Mt loading target. The project is worth Rs 138.45 crore.
9:28 AM
IndiGo block deal :: Over 8 million shares change hands on BSE
9:26 AM
Block Deal Alert :: IRB Infra sinks 7% after 36 million shares change hands on BSE
>> 502.5 mn changed hands on NSE
9:23 AM
Broader markets :: SmallCaps extend outperformance over benchmarks
9:22 AM
Sectoral trends :: Private banks top laggards on the bourses
9:21 AM
Sensex Heatmap :: Financials, consumer stocks weigh on benchmarks
9:19 AM
Opening Bell :: Nifty opens below 23,250
9:18 AM
Opening Bell :: Sensex in red in early deals
9:10 AM
Pre-Open Session :: Nifty stays below 23,300
