Page 41 - Market Trends

Tata Steel, Vedanta can surge 14%, provided they defy this chart formation

All metal stocks have "Death Cross", and if the current rally shows sustainability, the pullback rally would see added interest, indicate charts.

Earnings impact: eMudhra hits record high, surges 26% in two trading days

Revenue from operations registered a strong growth primarily led by increase in Enterprise Solution business especially in international markets which grew by 140 per cent YoY.

Chip crunch, high RM to dent Bajaj Auto's margins in Q1FY23, say analysts

Analysts, on average, expect the revenue to fall up to 7 per cent quarter-on-quarter (QoQ) to Rs 7,416 crore in Q1FY23.

GMDC, NMDC are the top picks of technical analyst Mehul Kothari

According to the analyst from Anand Rathi, GMDC can rally to Rs 168 on the upside, while NMDC can jump to Rs 114.

Infosys Q1FY23 results: Here's how brokerages have interpreted the numbers

Going ahead, brokerages believe that the margin headwinds like travel costs, wage inflation will continue to persist in Q2FY23 as well.

Sensex falls 306 pts; Nifty holds 16,600; Zomato cracks 11%, RIL 3%

CLOSING BELL: Among sectors, the Nifty Auto fell 1.7 per cent, while the Nifty Metal added 1.5 per cent

Gokaldas Exports extends rally, up 8% in two days post June quarter results

Despite near term headwinds, the management anticipate good growth in FY23 and a surge from FY24.

Prashant Jain quits HDFC AMC: Here's how the stock looks on the charts

Shares of HDFC AMC had rallied significantly post its debut in July 2018. However, after hitting a peak at Rs 3,681 in November 2019, the stock has since then declined over 50 per cent.

How to trade RIL, ICICI Bank, Infosys, UltraTech Cement post Q1 results?

ICICI Bank can rally to a new high if the stock manages to sustain above its 200-DMA; Infosys and UltraTech Cement too look promising, while Rs 2,350-level remains the key for Reliance Industries.

Zomato tanks 14%, hits new low as lock-in for pre-IPO investors ends

That apart, according to Reuters, Domino's Pizza India franchise to consider taking some of its business away from popular food delivery apps, Zomato and Swiggy, if their commissions rise further.

Stocks to watch: Infosys, RIL, ICICI Bank, YES Bank, Glenmark, Tata Motors

Stocks to watch today: Axis Bank, Tata Steel will report their June quarter 2022 results (Q1FY23) on Monday, July 25; Infosys delivered net profit for Q1 below street expectations at Rs 5,360 crore.

Consumer IT spending to slide further amid recession fears in Asia-Pacific

Consumer IT spending in the Asia-Pacific region, already taking the brunt in the ongoing tight market conditions, is set to further slide in 2023, depending on the severity of the economic slowdown

Banks lift Sensex 390 pts, Nifty reclaims 16,700; Ultratech Cement up 5%

CLOSING BELL: Ultratech Cement, Grasim, UPL, HDFC, HDFC Bank, Eicher Motors, and ICICI Bank were the top gainers, ralling over 2 per cent each

Sugar stocks in focus: Short-term reversal or have they bottomed out?

After the massive slaughtering post April 2022, sugar stocks consolidated in June and are now witnessing a pullback rally.

GSFC soars 15% as Q1 profit more-than-doubles; stock up 39% from June low

Going forward, higher Agri commodity prices, Government agriculture focus, the expectation of a normal monsoon and higher reservoir levels bodes well for agriculture.

Hindustan Foods hits new high post 1:5 stock split, zooms 37% in two days

The company had fixed July 22, 2022 as the record date for the purpose of sub-division of every 1 equity share of the face value of Rs 10 each into 5 equity shares of the face value of Rs 2 each.

Infosys net profit likely to surge up to 10% YoY in Q1FY23, say analysts

Infosys Q1 preview: Investors will closely monitor the management's commentary on clients' IT spending, demand environment amid macro stress, margin outlook, and growth guidance for FY23

TMSEp221: Service price, FMCG recovery, Reliance Industries, pullback rally

Why are service prices not transparent? Is the FMCG sector coming out of the woods? Will RIL Q1 numbers spring a surprise? What is a pullback rally? All answers here

What is a pullback rally?

Markets witness pullback rallies or reversal, after witnessing steep one-sided moves. Our next report will help you understand the three key parameters to identify a pullback and how can you use it

Sensex rises 284 pts, Nifty tops 16,600; IndusInd jumps 8%, Bajaj Fin 3%

CLOSING BELL: Among sectors, the Nifty PSB index rose 1.56 per cent, while the Nifty Pharma slipped 0.4 per cent