Sensex Today | Stock Market LIVE Updates: GIFT Nifty signals a negative start; Asian shares slip

22 Jul 2024 | 09:32:10 AM IST

Domestic markets saw profit booking on Friday following a global selloff, following a period of record-breaking rallies in recent days.

“Investors are also exercising caution ahead of the Union Budget scheduled for next week on 23rd July, which will provide the next market directions. The earnings season is also gaining momentum, leading to specific stock movements. Besides the Budget, key events to monitor include US Core PCE data and PMI data,” commented Siddhartha Khemka, Head of Retail Research at Motilal Oswal.

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Sensex Today | Nifty Realty top sectoral loser in early trade

Price as on 09.26.51 AM, Click on company names for their live prices.

Stock Market LIVE Updates | Q1 earnings impact

Price as on 09.21.40 AM, Click on company names for their live prices.

Rupee rises 5 paise to 83.65 against US dollar in early trade

Opening Bell: Nifty below 24,400

Heatmap: Top Sensex gainers & losers in today’s trade

Sensex cracks 500 points; Wipro tanks 7%, RIL 3% post Q1 results

Stock Market LIVE Updates | Q1 results today: IDBI Bank, Suzlon Energy among 44 companies to announce earnings on Monday

The first quarter earnings season has commenced, with 44 companies scheduled to announce their results on Monday. Investors are particularly interested in the outcomes of IDBI Bank and Suzlon Energy among these announcements.

Stock Market LIVE Updates | Stocks in news: IDBI Bank, Suzlon Energy, RIL, HDFC Bank, Kotak Bank, JSW Steel

Equity indices declined sharply on Friday as investors chose to take profits following a four-day record-breaking rally, influenced by weak trends in global markets. In today’s trading session, attention will be on IDBI Bank, Suzlon Energy, RIL, HDFC Bank, Kotak Bank, JSW Steel, and others due to significant news developments and quarterly results.

Stock Market LIVE Updates | At multi-year highs: These 5 stocks witness 5-year swing high breakout

In the NSE list of stocks with a market cap of over Rs 1,000 crore, we have collated a list of five stocks that witnessed a 5-year swing high at the close on July 19, suggesting bullishness in counters, according to stockedge.com’s technical scan data. A 5-year swing high represents the highest price a stock has reached within a five-year timeframe.

Sensex Today | Stock Market LIVE Updates: Sensex tumbles 900 pts, Nifty slips below 24,550 in pre-opening trade

Stock Market LIVE Updates: HCL Technologies among 21 stocks to trade ex-dividend on Tuesday. Last date to buy today

HCL Technologies, Data Patterns, and Shriram Finance, along with several other companies, are expected to be closely watched on Monday, as they have set July 23 as the record date to determine eligible shareholders for dividend payments.

Going into the Budget the market will be trading cautiously. The pressure on the broader market is likely to continue since there is more scope for profit booking.It is important to understand that the market expects a positive Budget which is growth oriented and fiscally prudent with income tax reliefs for the middle class. Also the market expects status quo on the Long Term Capital Gains taxation. If there is any disappointment in these areas the market can react negatively. On the other hand, if the Budget delivers on expectations, aggressive retail buying can lift the market to new highs.President Biden opting out of the presidential race is unlikely to influence the market now. Market will wait for clarity to emerge on Trump’s winning chances.

– V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services

Sensex Today | Stock Market LIVE Updates | Brokerage Radar: Nuvama On Kotak Mahindra Bank

Maintain Reduce With Target Price At Rs 1,650
Sharp decline in NIM due to higher CoF and lower share of unsecured loans
PAT expanded 51% QoQ due to exceptional post-tax gain
Working hard to correct gaps pointed Job by RBI
CEO maintains target of growing unsecured loans to mid-teens in due course

Sensex Today | Stock Market LIVE Updates | Nuvama On HDFC Bank

Maintain Buy with target price at Rs 1,850
NIM expansion driven by an increased share of retail loans and higher LCR
CEO reiterated that while there is no regulator-imposed LDR, the bank shall likely lower LDR sooner
Asset quality remains strong

Stock Market LIVE Updates: JSW Energy says unit gets Letter of Award from Solar Energy Corporation Of India

Stock Market LIVE Updates: GIFT Nifty falls 100 points; here is the trading setup for today

Domestic markets saw profit-taking on Friday following a global selloff, following a period of record-breaking rallies in recent days.

Sensex Today | Stock Market LIVE Updates | D-Street Recap

Indian benchmark equity indices closed in the deep red on Friday due to broad-based profit booking ahead of the union budget next week. Selling was observed in all sectors.

The NSE Nifty 50 fell 1.09% to 24,531, while the S&P BSE Sensex settled 0.91% lower at 80,604.

The drop on Friday trimmed weekly gains to 0.1% for the benchmarks, which have risen for seven weeks, their longest weekly winning streak since January 2018.

Stock Market LIVE Updates | Gold rises

Gold prices edged higher on Monday, aided by a softer dollar and expectations of a U.S. interest rate cut, while spotlight shifted to economic data for further insights into the Federal Reserve’s monetary policy path.

Stock Market LIVE Updates | Oil rises

Oil prices increased early on Monday as investors monitored signals indicating the start of an anticipated rate-cut cycle, potentially beginning as early as September.

Brent crude prices rose by 48 cents, or 0.57%, to reach $83.10 per barrel by 0035 GMT, while U.S. West Texas Intermediate crude futures climbed 42 cents, or 0.52%, to $80.55.

Stock Market LIVE Updates | Dollar Slips

The dollar declined on Monday following U.S. President Joe Biden’s announcement to halt his reelection campaign, paving the path for another Democrat to contest Donald Trump.

Meanwhile, China’s yuan remained stable despite the central bank’s move to reduce a crucial interest rate.