Latest Stock Market News

Ambuja Cements shares down 0.42% as Sensex falls

Updated at : 2024-07-08 13:25:01

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A total of 41,873 shares changed hands on the counter till 12:58PM (IST)

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Billionaire Ajay Piramal’s firm is in talks with a group of global investment banks to raise $300 million to $500 million via such notes with a tenor of three to five years, the people said, asking not to be identified as the discussion are private.

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Investing in ETFs tracking Nifty50, including Nifty50 Value 20, provides long-term stability and tax efficiency. Large Cap ETFs use market capitalization to minimize risks, with periodic rebalancing for optimal performance. Brokerage platforms facilitate investments, supporting margin trading. These strategies leverage blue-chip stocks, particularly beneficial in broad-based or bull markets, with dividend yield enhancing stock selection.

Investor Ashish Kacholia raised his stake in Dhabriya Polywood to 6.67% in June. The microcap company, valued at over Rs 400 crore, manufactures PVC doors and saw its stock rise 200% in two years. RSI is 71.7, indicating overbought status. MACD at 14.5 indicates a bullish trend.

The economic environment remains on a sound footing, as reflected in the various indicators (PMIs, GST, CAD, Forex Reserves, etc.), and so does the overall corporate earnings momentum, which is also supporting the buoyancy.

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The Relative Strength Index of the stock stood at 52.94 on Monday.

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​A short buildup occurs when there is an increase in open interest and trading volumes accompanied by a decline in the price of the underlying stock in the F&O segment.

Vinit Sambre says that given today’s valuations, incrementally investors should align to slightly longer-term thinking. Near-term could be challenging and maybe for one year, one should give up returns expectation is what I can sort of guide or warn the investors, is what Sambre says to guide or warn the investors.

​So, it is great that more and more people are coming into the formal sector and organised employment. And as they come into organised employment, they get PF, ESIC, they pay your taxes and eventually they want to save on those taxes.

Pidilite Ind shares drop 0.88% as Sensex falls

Updated at : 2024-07-08 12:20:01

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The stock quoted a 52-week high of Rs 3232.3 and a 52-week low of Rs 2293.1.

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