NIFTY Financial News

Simbhaoli Sugars(up 1.84%), Dhampur Sugar Mills(up 1.50%), Sakthi Sugars(up 1.42%), Rana Sugars(up 1.26%), Dalmia Bharat Sugar & Industries(up 1.24%), Bannari Amman Sugars(up 1.12%), Rajshree Sugars & Chemicals(up 1.11%), Shree Renuka Sugars(up 1.03%), AVADHSUGAR(up 1.03%) and EID Parry(up 0.85%) were among the top gainers. Mawana Sugars(down 3.29%), Uttam Sugar Mills(down 0.38%), Vishwaraj Sugar Industries(down 0.31%), Triveni Engineering & Industries(down 0.20%), DCM Shriram Industries(down 0.19%), Ugar Sugar Works(down 0.16%) and Balrampur Chini Mills(down 0.03%) were among the top losers.

ZUARIAGRO(up 2.70%), Nagarjuna Fertilizers & Chem(up 0.52%), Aries Agro(up 0.15%) and Mangalore Chemicals & Fertilizers(up 0.05%) were among the top gainers. Bohra Industries(down 4.94%), Paradeep Phosphates(down 2.52%), Rashtriya Chemicals & Fertilizers(down 2.46%), Gujarat Narmada Valley Fertilizers (down 2.01%), National Fertilizer(down 1.71%), Fertilizers & Chemicals Tranvancore(down 1.59%), Madhya Bharat Agro Products(down 1.59%), Madras Fertlizers(down 1.51%), Rama Phosphates(down 1.45%) and Chambal Fertilisers & Chemicals(down 1.44%) were among the top losers.

Canara Robeco Mutual Fund has launched Canara Robeco Multi Cap fund, an open-ended equity scheme investing across large cap, mid cap, small cap stocks. The new fund offer of the scheme is open for subscription and will close on July 21. The scheme will reopen for subscriptions / redemptions, within five business days from the date of allotment, which is on or before August 4. The performance of the scheme will be benchmarked against Nifty 500 Multicap 50:25:25 Index TRI. The scheme will be managed by Shridatta Bhandwaldar and Vishal Mishra.

Tata Consultancy(up 0.08 per cent) were among the top gainers. HCL Technologies(down 1.07 per cent), L&T Technology(down 0.96 per cent), Persistent Systems(down 0.95 per cent), Tech Mahindra(down 0.91 per cent) and Infosys(down 0.81 per cent) were the top losers on the index.

foreign portfolio investors (FPIs), with financial services at the top of the list. The financial services sector saw net inflows of Rs 19,229 crore ($2.3 billion) in June, which is nearly 9% higher from May. Since March, the Nifty Financial Services index has gained a whopping 13% and scaled a lifetime high earlier this week.

Viji Finance, Rachana Infrastructu, Bohra Industries, Goldstar Power and Kshitij Polyline and others were among the stocks that touched their 52-week lows as of 10:35AM(IST)in Friday's session. Domestic benchmark index NSE Nifty fell 26.15 points to 19471.15, while the BSE Sensex traded 78.46 points down at 65707.18.

Vedanta Ltd. traded 0.61 per cent up in Friday's trade at 10:40AM (IST). Around 182,152 shares changed hands on the counter.

On the BSE, Dhyaani Tile and Mar(down 20.00 per cent), Aditya Ispat(down 12.64 per cent), PM Telelinks(down 12.40 per cent), Nila Spaces L(down 10.00 per cent) and Econo Trade(I)(down 8.66 per cent) were among the stocks that plunged over 5 per cent during the session. In the Nifty pack, 11 stocks traded in the green, while 39 stocks traded in the red.

ideaForge Technology, Orient Abrasive, Windlas Biotech, Kalyan Jewellers Ind and Avalon Technologies, hit their fresh 52-week highs at 10:40AM(IST)on NSE. Benchmark NSE Nifty index fell 30.4 points to 19466.9 amid selling in frontline bluechip stocks.

Cholamandalam Investment & Finance Company Ltd. gained 0.98 per cent to Rs 1176.5 in Friday's trade. It hit a high of Rs 1190.25 and low of Rs 1161.35 during the session.

There were 39 schemes in the ELSS category. All the schemes in the category were in green. SBI Long Term Equity Fund offered the highest return of around 12.64%, followed by JM Tax Gain Fund (12.26%). Quant Tax Plan offered the lowest return of 2.08%.Quarterly performance

ideaForge Technology Ltd.(Rs. 770.41 crore), RIL(Rs. 591.14 crore), Titan Company (Rs.

rupee depreciated by 28 paise to end at 82.51 against the American currency. Investors will now focus on the crucial US non-farm payrolls (NFP) data to be released later in the day.

equity market is expected to open lower Friday following weakness in global peers. The Asian markets traded lower amid a sell-off on Wall Street triggered after stronger than expected jobs data increased fears of more interest rate hike by the Federal Reserve. Trends on Gift Nifty also indicated a flat-to-lower start for the Indian indices.

₹2,641 crore, while Domestic Institutional Investors (DIIs) sold shares worth a net amount of ₹2,351 crore. Moving into July till date, FIIs continued to show interest in the Indian market by buying shares worth a net amount of ₹8,374.55 crore, while DIIs sold equities worth a net amount of ₹3,913.95 crore.Vinod Nair, Head of Research at Geojit Financial Services said, “Foreign investors continue to provide unwavering support to the domestic market, helping to sustain the ongoing rally despite weak global cues.

labour market data spurred the threat of inflationary pressures, leaving room for more rate hike by the Fed. Earlier, the minutes of the Federal Reserve’s June meeting also showed that most central bank officials would support more interest rate increases ahead. In Asia, Japanese household spending fell 4.0% in May from a year earlier, a third month of decline, government data showed, Reuters reported.

«We expect the market uptrend to continue with stock-specific action. Global cues were weak due to the release of hawkish minutes of the Federal Reserve’s June meeting,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Option data suggests a broader trading range in between 19200 to 19700 zones while an immediate trading range in between 19350 to 19600 zones. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a negative start GIFT Nifty on the NSE IX traded 61.5 points, or 0.31 per cent, lower at 19,488, signaling that Dalal Street was headed for negative start on Friday.

Nifty futures traded 61.5 points, or 0.31 per cent, lower at 19,488, signaling that Dalal Street was headed for a negative start on Friday. Here's a slew of stocks that will be in focus today for various reasons.TitanTitan registered a 20% year-on-year (YoY) revenue growth for the June quarter, with all the key consumer businesses witnessing double-digit growth in the quarter.DaburFMCG major Dabur India's consolidated business is expected to register a growth of over 10% for the first quarter ended June.Read more: What changed the market while you were sleepingJK CementJK Maxx Paints, wholly owned subsidiary of JK Cement, has invested Rs 60.24 crore towards the acquisition of 20% stake in Acro Paints.Indian OilIndian Oil Corporation (IOC) and Praj Industries signed a term sheet to advance plans to strengthen biofuels production capacities in India.Adani GreenAdani Green announced that it intends to raise funds to the tune of Rs 12,300 crore through the qualified institutional placement (QIP) route.Healthcare GlobalThe company has entered into a share purchase agreement with NCHRI for the acquisition of entire equity share capital in NCHRI.SobhaSobha has achieved the highest ever quarterly sale value of Rs 1465 crore, with a growth of 28% YoY.

indices advancing 0.5%. The Nifty briefly surpassed 19,500 — a crucial resistance — and the Sensex moved closer to the 66,000 mark.Reliance Industries as well as state-owned oil and gas companies, property, automobile and heavyweight financials were at the vanguard of Thursday's rally that also pushed the broader market to newer heights. After halting the five-day winning run on Wednesday, the Sensex hit fresh highs on Thursday.

Buy or sell stocks for today: Despite weakness in global market sentiments, Indian stock market extended its upside movement for yet another session on Thursday. NSE Nifty and BSE Sensex hit a new life-time high on the previous session.

MNC profits last fiscal led to a record outflow of foreign exchange — nearly double the net foreign direct investments. As more private equity investments mature in the next few years, the outflows could be more than inflows.Forex outflows under the head 'Income on equity and investment fund shares' in the balance of payments, which represents repatriation of income from foreign investments such as MNC profits, hit a record $40 billion compared with net foreign direct investment of $27 billion, data from the Reserve Bank of India (RBI) showed.