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On August 5, six NSE stocks with market caps over Rs 50,000 crore closed below their 200 DMA, signaling a negative trend as their prices fell beneath the long-term trend line.

After Monday’s surge, the India VIX dropped over 13% to 17.7. All 30 Sensex stocks were in the green, with Tata Motors, Tech Mahindra, L&T, Infosys, JSW Steel, HCL Tech, and Maruti leading gains of up to 3%. All major sectoral indices were trading with gains, with auto, IT, media, Metal, PSU bank, realty, cons durables, and oil & gas rising between 1-3%.

Max Healthcare Institute Ltd., incorporated in the year 2001, is a Small Cap company (having a market cap of Rs 84143.32 Crore) operating in Hospitals & Allied Services sector.

The Indian market was projected to open higher on Tuesday, driven by global optimism. The Nifty Future fell by 2.50% to 24,094 on Monday. Analysts outlined key trading ranges and provided stock recommendations, including ITC, Tata Motors, and HPCL, with target prices and stop losses for short-term investors.

Promoters held 0.0 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 54.11 per cent and 12.52 per cent, respectively.

Three Nifty500 stocks appeared on the "White Marubozu" bullish scanner. This candlestick pattern shows strong buying pressure, with no upper shadow and a small lower shadow.

Gold October futures opened flat at Rs 69,302 per 10 grams, seeing a minor dip while silver September futures increased marginally. Ongoing volatility is expected due to geopolitical tensions and fluctuations in the dollar index, prompting cautious trading.

A total of 15,171 shares changed hands on the counter till 10:05AM (IST)

Goldman sees Airtel’s growth sharply accelerating on the back of last month’s headline tariff hike and estimates the Sunil MIttal-led telco’s India business sustaining around 20% EBITDA growth for the foreseeable future.

On Tuesday, Bharti Airtel, Eicher Motors, and NTPC declared August 7 as the record date for dividend eligibility. Bharti Airtel announced a dividend of Rs 8 per share, Eicher Motors Rs 51, and NTPC Rs 3.25. Yesterday was the final day to buy shares to qualify for these dividends.