Page 45 - Market Trends
TVS Motor may soon cross Rs 1,000-mark; chart strongly in favour of bulls
In the past, the stock had soared up to 7-fold on two instances, a similar trend seems to be playing on the long-term charts currently.
 "TVS Motor may soon cross Rs 1,000-mark; chart strongly in favour of bulls")
This Mahindra Group stock has zoomed over 80% so far in 2022
Mahindra Lifespace hit a record high of Rs 439.85 and surged 6% on expectation of favorable demand situation in the Indian real estate sector.
 "This Mahindra Group stock has zoomed over 80% so far in 2022")
Automotive Axles surges 8%, hits record high on healthy business outlook
The company is a beneficiary of the current cyclical recovery in the domestic commercial vehicle space, especially the medium & heavy commercial vehicle (M&HCV) domain.
 "Automotive Axles surges 8%, hits record high on healthy business outlook")
ONGC, Oil India extend fall; tank up to 20% in two days on windfall tax
Brokerage firm Motilal Oswal reiterates its BUY rating with revised target prices of Rs 171 and Rs 364 for ONGC and Oil India, respectively.
 "ONGC, Oil India extend fall; tank up to 20% in two days on windfall tax")
Stocks to Watch Today: RIL, HDFC, Birlasoft, IndiGo, Coal India, IT shares
Stocks to Watch Today: HDFC and HDFC Bank are likely to be in focus as the stocks exchanges have approved the proposed merger for these two corporates.
 "Stocks to Watch Today: RIL, HDFC, Birlasoft, IndiGo, Coal India, IT shares")
Sensex falls 111 pts, Nifty holds 15,750; RIL sinks 7%, MRPL 10%
Benchmark indices swung wildly in trade on Friday after the government's move to tax oil refiners' windfall gain amid soaring crude oil prices hurt index heavyweight Reliance Industries' stock
 "Sensex falls 111 pts, Nifty holds 15,750; RIL sinks 7%, MRPL 10%")
Beaten down consumer durables still weak; Bajaj Electricals may buck trend
Voltas, Havells, Blue Star and Whirlpool need to conquer their crucial hurdles to exhibit bullishness.
 "Beaten down consumer durables still weak; Bajaj Electricals may buck trend")
Petrol export duty: Will RIL shares fall more after Friday's 9% slide?
The bias for Reliance remains positive, with strong support seen at the 50-WMA, below which the next significant support is at Rs 2,350.
 "Petrol export duty: Will RIL shares fall more after Friday's 9% slide?")
Parag Milk Foods slips 12%, stock hits 52-week low as Q4 loss widens
For the financial year 2021-22, Parag Milk Foods reported a loss of Rs 532.50 crore, due to one-time write down of Rs 509.50 crore.
 "Parag Milk Foods slips 12%, stock hits 52-week low as Q4 loss widens")
ITC gains 2% in a weak market, stock nears 52-week high
A stable tax environment for cigarettes in recent years has allowed ITC to calibrate price increases to avoid a disruption in demand.
 "ITC gains 2% in a weak market, stock nears 52-week high")
Stocks to watch: Maruti Suzuki, Airtel, Hind Copper, IHCL, SAIL, UPL, Lupin
Stocks to watch today: Maruti Suzuki launched refurbished version of popular compact SUV - Brezza; Future Enterprises defaulted on payment of interest of Rs 6.1 crore for NCDs.
 "Stocks to watch: Maruti Suzuki, Airtel, Hind Copper, IHCL, SAIL, UPL, Lupin")
Sensex, Nifty end flat in choppy session; metals, auto, IT packs slip most
Stock market LIVE updates: The broader markets suffered more losses than the frontline indices. The BSE MidCap and SmallCap indices shed 0.5 and 0.7 per cent, respectively.
 "Sensex, Nifty end flat in choppy session; metals, auto, IT packs slip most")
Delta Corp cracks 9%, stock nears 52-week low amid taxation uncertainty
The GST Council has decided to refer the report of the Group of Ministers on casinos, online gaming and horse racing back to the panel of ministers for further deliberation.
 "Delta Corp cracks 9%, stock nears 52-week low amid taxation uncertainty")
This Rakesh Jhunjhunwala-owned stock slipped 31% in 12 trading days
Star Health quoted lower for 12th straight trading day and has slipped 31 per cent to Rs 488.5 from Rs 703.35 that it had touched on June 14, 2022
 "This Rakesh Jhunjhunwala-owned stock slipped 31% in 12 trading days")
Escorts Kubota slips to a 9-mth low, down 27% from record high hit in April
The stock traded lower for the third straight day has fallen 9 per cent during this period; it aslo turned ex-dividend for Rs 7 per share on Thursday.
 "Escorts Kubota slips to a 9-mth low, down 27% from record high hit in April")
Stocks to watch: Tata Steel, HDFC, Jet Airways, JSW Steel, Biocon, PVR
Stocks to watch today: HDFC, slated to merge with HDFC Bank, raised Rs 4,000 crore through a paper with a maturity of 21 months; Jet Airways plans to lease 6 to 8 planes as part of re-launch.
 "Stocks to watch: Tata Steel, HDFC, Jet Airways, JSW Steel, Biocon, PVR")
June qtr could see some more earnings downgrades: Anoop Bhaskar, IDFC MF
We have raised cash levels across several of our funds, both for funding redemption pressure as well as pouncing on emerging opportunities, Bhaskar said
 "June qtr could see some more earnings downgrades: Anoop Bhaskar, IDFC MF")
Sensex snaps 4-day winning run, slips 150 pts; RIL gains 2%, Oil India 4.5%
CLOSING BELL: The Nifty IT, Bank, and FMCG indices dropped over 1 per cent each
 "Sensex snaps 4-day winning run, slips 150 pts; RIL gains 2%, Oil India 4.5%")
Mukesh Ambani readies succession plan; RIL stock may soar 24%, hit new high
According to the technical charts, the range of Rs 2,350 - Rs 2,150 on the stock is seen as a good area for bottom fishing.
 "Mukesh Ambani readies succession plan; RIL stock may soar 24%, hit new high")
Trent, DMart: Retail stocks resilient amid market volatility; time to buy?
Shoppers Stop is expected to rise 15 per cent, while Avenue Supermarts, may decline on breakdown of support.
 "Trent, DMart: Retail stocks resilient amid market volatility; time to buy?")
