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Siemens shares down 2.93% as Nifty drops

Updated at : 2024-07-19 14:20:01

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A total of 15,504 shares changed hands on the counter till 01:44PM (IST).

The shares of Damani’s portfolio stock VST Industries soared 17% to its new all-time high of Rs 4,829.95 after the company announced that it will consider issuing bonus shares in its upcoming board meeting on July 25.

The market should not be disappointed with any direct-to-market taxes, which is primarily true with capital gains tax. There are indications that SEBI, FinMin and RBI are uncomfortable with the extent of speculation or derivatives and futures and options and that they will discourage it, says Samir Arora, founder, Helios Capital.

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A total of 90,215 shares changed hands on the counter till 12:48PM (IST)

Investing in equity mutual funds comes with market volatility. Understanding standard deviation helps gauge risk. Protecting downside is crucial for long-term wealth creation.

BEL shares drop 1.65% as Sensex falls

Updated at : 2024-07-19 13:20:01

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On the technical charts, the RSI of the stock stood at 47.33.

Paytm Q1 Results: One 97 Communications, the parent company of Paytm, reported a widened cons loss of Rs 838.9 crore in the June quarter, compared to Rs 357 crore in the same quarter last year. Revenue for Q1 declined by 36% YoY to Rs 1,502 crore from Rs 2,342 crore in Q1 FY24. Despite this, the company indicated that its revenue and EBITDA, excluding the ESOP loss of Rs 545 crore, met its guidance.

​Anand Rathi has identified top stock picks for the upcoming Union Budget, emphasizing sectors such as auto, capital goods, consumer durables, cement, and infrastructure. The Budget is expected to boost growth and stability with a focus on infrastructure and consumption inducing measures. Investors may find opportunities in companies like Ultratech Cement and Ashok Leyland.

​So, I think you will probably see a divergence in their performances just given the fact that some companies are specifically focused on discretionary spending without exposure and some are not. And I think that is probably how investor is going to play it for the next few quarters.

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