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Shree Cements Ltd. slipped 0.16 per cent to Rs 27473.15 in Tuesday's trade as of 01:18PM (IST). It hit a high of Rs 27630.3 and low of Rs 27281.6 during the session. The stock quoted a 52-week high price of Rs 30710.15 and a low of Rs 22601.3. The return on equity for the stock stood at 11.57 per cent. About 236 shares have changed hands on the counter so far.

Federal Bank Ltd. gained 0.71 per cent to Rs 175.6 in Tuesday's trade as of 01:03PM (IST). It hit a high of Rs 176.2 and low of Rs 173.25 during the session. The stock quoted a 52-week high price of Rs 176.2 and a low of Rs 120.9. The return on equity for the stock stood at 14.3 per cent. About 375,718 shares have changed hands on the counter so far.

IPO vs QIP shares: Amid the buzz of around ₹30,000 crore money getting raised in the Indian primary market through fresh Initial Public Offerings (IPOs) in the next two months, retail investors are eagerly waiting for the launch of fresh IPOs from the quality business houses like Bajaj Housing Finance, Haldiram, Prestige Estate, Ola Electric, Swiggy, Waree Energy, etc. However, if we go by the expert's opinion, the Indian stock market is preparing for a fresh rally after Modi 3.0 took charge in the centre.

Also Read: ‘Economy to grow at 8% in FY25, green shoots visible in rural consumption’Amid this backdrop, alcohol companies have seen their volumes grow strongly, leading to higher realisations per case. Notably, the premium segment continued to see strong positive traction, while the demand trends in the regular category remained below expectations owing to a general up-trending by certain consumers and a slowdown at the lower end.

Tata Elxsi Ltd. gained 0.17 per cent to Rs 7278.85 in Tuesday's trade. It hit a high of Rs 7369.95 and low of Rs 7277.95 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 7735.17, while the 50-DMA was at Rs 7279.23. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.

ICRA.While signs of a revival in rural demand have emerged, headwinds such as a slowdown in the Government of India’s (GoI) spending during the Parliamentary elections and onset of monsoon period are likely to weigh on growth in H1 FY2025, ICRA said in a release.However, the operating profit margin (OPM) will remain steady in the range of 15-18%, despite the expected tapering in revenue growth, as raw material costs are expected to remain steady, it added.Also Read: Indian banks well placed with strong balance sheets, record profits, cheap valuations: CLSA“The revenue growth is expected to marginally slow down in Q1 FY2025 (on a QoQ basis), on a relatively high base, amidst a perceived temporary pause in the infrastructural activities for a major part of Q1 FY2025 due to the General Elections and the dependency of rural demand on the monsoon. Moreover, the concerns of the ongoing geopolitical tensions may adversely impact demand sentiments, especially for export-oriented sectors," said Kinjal Shah, Senior Vice President & Co-Group Head – Corporate Ratings, ICRA Limited.The 5.0% YoY and 6.3% sequential revenue growth for Corporate India in Q4FY24 was supported by healthy demand in consumer-oriented sectors like airlines, hotels, automotive and FMCG.

Stock Market News: The domestic benchmark indices, the Sensex and the Nifty 50, gained for the fourth consecutive session, reaching new all-time highs in early trade on Tuesday, aided by strong global market trends, buying in IT sectors, and fresh foreign capital inflows.The Nifty 50 surged by 60 points to 23,529, while the BSE Sensex climbed 101 points to 77,195 immediately after trading began. The markets reopened today after being closed on Monday for Eid al-Agha.According to Geojit Financial Services' Chief Investment Strategist, Dr.

Nifty embarks on the first principle of trend following as the uptrend is likely to continue. Post a dramatic wave of volatility comes a time of complacency, as Vix cools off, and investors readjust to all the sentiments that were out during the last two weeks. The breadth looks positive with more than 70% of stocks in the broader universe above their key short-term and mid-term Moving averages pointing to upside bias while the Advance decline percent has seen a thrust above 75 indicating strong momentum.

Fitch Ratings on Tuesday raised India's growth forecast to 7.2 per cent for FY25. Meanwhile, it said that the global growth is expected to slow in 2025 despite monetary easing in 2024.

SIPs is currently at 9.2 crores. This is now almost 20% of the industry AUM. So, the culture of investing systematically and holding on such assets is well on its way,” says Hitesh Thakkar, Acting Chief Executive Officer, ITI Mutual Fund. In an interview with ETMarkets, Thakkar said: “Markets may likely continue to remain robust over the long run. More importantly the India story will play in the long term,” Edited excerpts: Equity flows almost doubled in May 2024. What could have led to the rise in the flows? Net equity inflows increased 83% to Rs 34,697 crore last month against Rs 18,917.1 crore in April, according to the data released by the Association of Mutual Funds in India on Monday.

«We expect market uptrend to continue next week supported by positive macro trends, expectation of sustained government spending and policy continuity, healthy monsoon and strong earnings,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal.

Buy or sell stocks for today: The Indian stock market continued to move into a narrow range movement with a positive bias and ended higher on Friday last week. The Nifty 50 index gained 66 points and closed at 23,465, while the BSE Sensex surged 181 points and ended at 76,992.

Sensex rose 181.87 points to close at 76,992.77, while the Nifty 50 settled 66.70 points, or 0.29%, higher at 23,465.60. Indian stock market was closed on Monday, June 17, for Eid ul-Adha 2024.

Sensex rose 181.87 points, or 0.24%, to close at 76,992.77, while the Nifty 50 settled 66.70 points, or 0.29%, higher at 23,465.60. Indian stock market was closed on Monday, June 17, on account of Eid ul-Adha 2024.

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Ritholtz Wealth Management, the prominent RIA serving institutional and high-net-worth investors across the country, is bringing on a veteran reporter and investment analyst to a newly created C-suite role.

American rapper Juaquin James Malphurs, better known as Waka Flocka Flame, has come under scrutiny after the controversial launch of his memecoin on the Solana blockchain network.

Oil edged higher after its biggest weekly advance since early April, extending a short-covering rally as traders weighed a raft of data from China.

water crisis as its groundwater levels continue to plummet. Another NCR town in UP, Noida is also not far behind in this trend. According to the National Compilation on Dynamic Ground Water Resources of India, 2023, commissioned by the Central Ground Water Board, Ghaziabad extracted an alarming 123% of its total groundwater last year. This extraction rate surpasses that of 75 districts in the state, where the average was significantly lower at 70.8%, a TOI report stated.

Sensex rose more than 180 points while the Nifty50 closed above 23,400 levels. Sectorally, buying was seen in auto, telecom, consumer durable, and capital goods stocks while selling was seen in IT stocks.