Markets staged a strong rally on Monday and ended with gains of over a percent. In today’s trade, shares of Vedanta, LIC, Reliance, GMR Airports, Vodafone Idea among others will be in focus due to various news developments. LICInsurance behemoth Life Insurance Corporation of India (LIC) on Monday announced the launch of a month-long campaign […]
Motilal Oswal identifies HDFC Bank, Eternal among 40+ stocks as GST cut beneficiaries
The upcoming GST reforms 2.0 aim to simplify India’s tax structure by reducing slabs to 5% and 18%. Expected to lower retail prices, ease household budgets, and boost consumption, the changes could benefit autos, consumer durables, cement, banking, retail, insurance, and hospitality sectors significantly. Source link
Maruti Suzuki, M&M, among 11 stocks that hit 52-week high; rally up to 30% in a month – Trend tracker
On Monday, the benchmark Sensex surged by approximately 676 points, closing at 81,273. Boosted by a broader market rally, 11 stocks from the BSE Consumer Discretionary index hit their 52-week highs — marking their highest levels in a year. These breakouts are typically viewed by traders and investors as bullish signals, reflecting strong upward momentum […]
Gainers & Losers: Maruti Suzuki among 5 major movers on Monday. Here’s why
Indian markets closed higher on GST reform optimism, with Nifty up 246 points and Sensex gaining 676. Auto, pharma, and FMCG stocks led gains, while Godfrey Phillips and Suzlon faced pressure amid sector-specific concerns. Source link
GST reform push: Emkay raises Nifty target to 28,000 for September 2026, picks its 5 top beneficiary stocks
Brokerage firm Emkay Global Financial Services has raised Nifty’s target to 28,000 for September 2026 with autos and cement as the preferred plays. The upgrade comes on the back of the Goods and Services Tax (GST) rationalisation proposal which could act as a rerating catalyst for the market, given its long-term growth benefits. In its […]
US stocks open flat, focus on retail earnings and Jackson Hole summit
Wall Street’s main indexes were subdued at the open on Monday, in a quiet start to a week packed with corporate earnings reports from major retailers and the Federal Reserve’s annual symposium in Jackson Hole. The Dow Jones Industrial Average rose 17.0 points, or 0.04%, at the open to 44,963.17. The S&P 500 fell 4.8 […]
Vedanta board to consider second interim dividend on Aug 21. Check record date
Metal major Vedanta‘s board of directors will meet on Thursday, August 21 to consider and approve the second interim dividend on equity shares for the financial year 2025-26. The company has fixed the record date to determine the eligibility of shareholders for dividend on Wednesday, August 27. Vedanta’s first interim dividend was Rs 7 per […]
Sebi mulls relaxing minimum public offer size for large cos; retains retail quota of 35% in IPO
Capital markets regulator Sebi on Monday proposed relaxing the minimum public offer requirements for very large companies, while also extending the timelines for them to meet minimum public shareholding norms. The proposed framework, if implemented, aims to ease the immediate dilution burden on issuers, while still ensuring gradual compliance with public shareholding requirements. As part […]
Market Trading Guide: Blue Star and a midcap stock are buy recommendations for Tuesday. Up to 6% upside seen – Stock Ideas
Stop loss – 1,856 Target: 2,031BLUESTARCO has witnessed a decisive breakout from a rounding bottom formation on the daily timeframe, ending the session with a bullish candlestick supported by volumes above the 20-day average, signaling heightened buying interest. The stock continues to trade well above its 20, 50, 100, and 200-day EMAs, reaffirming the strength […]
Ahead of Market: 10 things that will decide stock market action on Tuesday
The Indian market ended in the green on Monday, lifted by easing concerns over Russian oil supplies following a meeting between the U.S. and Russian presidents, alongside optimism over the Indian government’s proposed goods and services tax (GST) reforms. The BSE Sensex jumped 676.09 points, or 0.84%, to 81,273.75 at the close, while the NSE […]