Latest Stock Market News

Stocks that were in focus include names like Bajaj Finance which rallied more than 10 per cent, Bajaj Finserv also closed with gains of more than 10 per cent post Q1 results, and Bharat Dynamics closed with gains of more than 7 per cent on Thursday.

Shares of ABM Knowledgeware (Rs 1.25 per share), MRF (Rs 144 per share), Praj Industries (Rs 2.7 per share), Hawkins Cookers (Rs 60 per share) and TCI Express (Rs 2 per share) had announced final dividend. The stocks went ex-dividend on Wednesday.

"Clearly, July is seeing some form of bottoming out, with a strong dollar induced, lower commodity prices putting natural brakes on inflation and thus accelerating hopes that economies will bottom out faster. This has resulted in interest in good smallcaps as also sectors like pharma and auto where we are seeing buying interest."

“Any incremental money should go into consumption and FMCG as a sector and particularly stocks like ITC, where I have been bullish for the last one year. The other stock that I am adding is United Spirits. And they are ahead of their pre pandemic levels in terms of volumes and which is what the CEO said.”

“Stay away from new age companies like Policybazaar, Paytm and CarTrade. Zomato is a different company. It is part of a duopoly in a market where takeaways are a reality. They will remain and grow. Now the management needs to stop doing random acquisitions and investments and becoming a private equity company. “

Berger Paints (India) Ltd., incorporated in the year 1923, is a Large Cap company (having a market cap of Rs 59951.68 Crore) operating in Building Materials sector.

It’s an increasingly fraught topic around the world. Securities regulators from Spain to Australia are mulling ways to enforce restrictions against social media influencers. Earlier this year, SEBI shut down a Telegram channel called “Bullrun2017” that purported to specialize in penny or small-cap stocks. Group administrators bought shares of small companies, recommended them to their 50,000 or so subscribers, and then sold them for a profit, according to a SEBI order.

In the absence of a clear regulatory segregation mechanism for AIF schemes, many global institutional investors prohibit investment managers of funds from launching multiple schemes.

HDFC, Sun Pharma, NTPC, HDFC Life, Indian Oil, DLF, Ashok Leyland, Cipla, Chola Finance, Torrent Pharma, Piramal Enterprises, Star Health and GMR Infra are among the companies that will announce their earnings for the quarter ended June 2022.

The partners are also shaping the company’s board composition, roping in independent directors, to meet local capital market laws. Rules require the board to be made up of 33% independent directors, if its chairman is an independent director.