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[hfe_template id='11223'] [ad_1] Asian stocks fell for a sixth straight session — the longest losing streak this year — as President Donald Trump announced new tariff rates and as solid earnings from megacap tech firms failed to lift broader market sentiment. The MSCI Asia Pacific Index dropped 0.5%, led by losses in South Korea. Contracts for the S&P 500 fell 0.3% while those for European stocks retreated 0.4%. Trump will maintain a minimum global tariff of 10%, while imports from countries with trade surpluses with the US face duties of 15% or higher, the White House announced Thursday. The dollar was little changed Friday after posting its best month of the year in July. The Swiss franc edged lower while the Canadian dollar was steady. Thai baht held a small decline. Trump raised levies on Canada to 35% while Switzerland got a 39% rate. The moves signaled that concerns over tariffs and economic growth were starting to outweigh the AI-driven optimism that has buoye...

[hfe_template id='11223'] [ad_1] Markets witnessed volatile swings on the monthly expiry day and ended marginally lower amid mixed cues. In today's trade, shares of ITC, RIL, Swiggy, PB Fintech, JSW Energy among others will be in focus due to various news developments and first quarter results. ITC, Adani Power, Tata Power, PC Jeweller Shares of ITC, Adani Power, Tata Power and PC Jeweller will be in focus as the companies will announce their first quarter results today. RIL Mukesh Ambani-led Reliance Industries (RIL) has set August 14 as the record date to determine eligibility of investors for the final dividend for FY25. Coal India State-owned coal miner Coal India reported 20% YoY decline in its consolidated net profit at Rs 8734 crore in the first quarter. Revenues too fell 4% YoY to Rs 35,842 crore in the same period. Live Events Swiggy Food delivery player Swiggy reported widening of its losses to Rs 1197 crore in the first quarter, compared with Rs 611 crore ...

[hfe_template id='11223'] [ad_1] After showing a narrow range movement on Wednesday, Nifty witnessed high volatility on Thursday on the backdrop of US President Trump imposing a 25% tariff on India and the market closed lower. Analysts say the underlying short-term trend of Nifty remains positive with high volatility. Given the likelihood of volatile swings, analysts recommend maintaining a cautious stance and prefer a hedged approach. Stock-specific action will likely continue as the earnings season gathers pace. STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a negative start GIFT Nifty on the NSE IX traded lower by 109.50 points, or 0.43 per cent, at 24,728.50, signaling that Dalal Street was headed for negative start on Friday. Live Events Tech View: Despite several negative setups, a hidden positive divergence has been observed over the past 2–3 days, indicating a potential bullish reversal. This setup may play out well if the Nifty decisively moves abo...

[hfe_template id='11223'] [ad_1] U.S. stocks closed lower on Thursday as early gains faded, following the latest round of corporate earnings and economic data, as investors awaited results from megacaps Amazon and Apple due after the closing bell. Microsoft shares rose 3.5% after it posted a strong earnings report and briefly surpassed the $4 trillion market cap threshold, becoming only the second publicly traded company to ever touch the milestone after Nvidia. Meta Platforms surged 11.3% to close at a record high of $773.44 as AI-driven growth in its core ad business powered a bullish revenue forecast. Still, other AI-related names were weaker on the session. Names such as chipmakers Broadcom, which lost 2.9%, and Nvidia, off 0.8%, weighed on the PHLX semiconductor index . The chip index dropped 3.1% for its biggest daily percentage decline since April 16. "Looking at the market action today, you have haves and have-nots, and so you have a couple tech companies,...

[hfe_template id='11223'] [ad_1] Indian benchmark indices opened sharply lower on Thursday after U.S. President Donald Trump threatened to impose a 25% tariff on goods imported from India starting August 1, along with an unspecified penalty. As of 9:20 am, the BSE Sensex had dropped 604 points, or 0.74%, to 81,668, while the Nifty50 was down 183 points, or 0.73%, at 24,668. The total market capitalisation of BSE-listed companies declined by Rs 5.5 lakh crore to Rs 453.35 lakh crore. On the sectoral front, Nifty Auto slipped 1%, while banking, metal, pharma, and realty indices were also trading in the red. Factors behind the market decline: 1) Trump threatens 25% tariff, penalty Live Events The proposed 25% tariff would disproportionately impact India compared to other major trading partners and could derail months of diplomatic and trade negotiations between the two countries.Analysts believe sectors such as textiles, pharmaceuticals, and auto components—key Indian expor...

[hfe_template id='11223'] [ad_1] Microsoft Corp. is set to become the second company in the world to reach a $4 trillion market capitalization after reporting quarterly earnings that beat Wall Street’s expectations, sending the stock soaring in extended trading Wednesday. Shares of the technology behemoth jumped as much as 9% to more than $560 in late New York trading, and if even a portion of the gain holds through Thursday’s market open, Microsoft will reach a market value of $4 trillion. Nvidia Corp. became the first company to hit the milestone earlier this month. “Microsoft is getting the recognition that it deserves because it is the operating system for business. All of us run our businesses on Microsoft with Word, with Outlook, with Excel,” said Kim Forrest, chief investment officer at Bokeh Capital Partners LLC. “This quarter’s results point to an even better position for Microsoft because, like Nvidia, there appear to be no substitutes.” Bloomberg The company’s...

[hfe_template id='11223'] [ad_1] Tata Motors shares slid 2.4% to an intraday low of Rs 652.05 on the BSE on Thursday, July 31, after the company announced the incorporation of a new wholly-owned subsidiary in the Netherlands to streamline and expand its global commercial vehicle (CV) business. Additionally, the pressure of US President Donald Trump’s 25% reciprocal tariffs weighed in on the sentiment, pushing the stock down. Here are the details: Trump tariffs The US administration’s sudden announcement of a 25% tariff on all Indian imports, starting August 1, appears to have injected some volatility into the Indian markets, affecting export-driven sectors to the US, such as the pharmaceutical and automotive industries, among others. While automobiles and auto parts are mostly exempt under Section 232 provisions, Indian auto component manufacturers remain vulnerable to shifts in U.S. demand cycles. Live Events “Sectors under ongoing Section 232 investigation (pharmaceuti...

[hfe_template id='11223'] [ad_1] India's benchmark Nifty index is crashing through a critical support level, ending a four-month winning streak in dramatic fashion as foreign institutional investors (FIIs) unleash a massive Rs 25,000 crore sell-off over just eight trading days. With August historically delivering punishing losses, Trump’s higher than expected 25% tariff on Indian goods and disappointing Q1 earnings season, market veterans are bracing for an intensified sell-off in the coming month. In the last 10 years, August month has seen losses in four of the last 10 years. While the average return sits at a modest 1%, the brutal reality of sharp corrections looms large as multiple headwinds converge. FIIs have already played it safe by being net sellers in all the last 8 sessions and offloaded around Rs 25,000 crore worth of stocks from the Indian market. Brent crude oil prices have also jumped 7% in the last one week to $72-23 a barrel and on Wednesday, Indian ...

[hfe_template id='11223'] [ad_1] The National Stock Exchange (NSE) of India is poised to book a staggering return of 6,415% on its early investment in National Securities Depository Limited (NSDL), with its Rs 59 crore stake now valued at Rs 3,840 crore, in the wake of NSDL’s Rs 4,012 crore IPO, which opened on Wednesday, July 30 and is expected to unlock significant value for its long-term shareholders. NSE was among the earliest institutional backers of NSDL, India’s first and largest securities depository, having picked up a 24% stake, equivalent to 4.8 crore shares, at an average cost of just Rs 12.28 apiece. That investment, made well before NSDL’s public debut, has since appreciated sharply in value. At the IPO’s upper price band of Rs 800 per share, NSE’s total holding is now worth Rs 3,840 crore, underscoring the windfall gains that long-term investors in India’s market infrastructure ecosystem are now beginning to realise. Regulatory push triggers partial exit A...

[hfe_template id='11223'] [ad_1] The initial public offering (IPO) of National Securities Depository Limited (NSDL) is drawing significant market attention, not just for its listing potential but also for how it compares with the already-listed Central Depository Services (India) Ltd (CDSL). As NSDL debuted on the bourses today, investors are reassessing the valuation, growth metrics, and strategic strengths of both players in India’s depository landscape. CDSL, which got listed in 2017 at Rs 125 per share, has seen its stock rally sharply over the years, reaching a high of around Rs 1,550, a more than 12-fold rise. It remains the only listed depository in the country so far, with a market capitalization of approximately Rs 32,000 crore. In contrast, NSDL’s IPO is expected to value the company at roughly Rs 16,000 crore. This valuation gap, despite NSDL’s larger scale, is being closely watched. According to Vaibhav Vidwani, Research Analyst at Bonanza, “CDSL, India’s onl...

[hfe_template id='11223'] [ad_1] Shares of GNG Electronics fell over 8% to Rs 325.5 on the NSE after making a strong debut on the exchanges on Wednesday. The stock opened at Rs 355 on the NSE, marking a premium of 49.8% or Rs 118 over its IPO price of Rs 237. On the BSE, it listed at Rs 350, reflecting a 47.7% gain. However, the initial gains were short-lived as investors booked profits. The Rs 460.43 crore IPO had received a strong response, with an overall subscription of 150.21 times. The issue included a fresh equity issuance worth Rs 400 crore and an offer for sale (OFS) of Rs 60.44 crore. Investor interest was robust across categories—qualified institutional buyers (QIBs) subscribed 266.21 times, non-institutional investors 226.44 times, and retail investors 47.36 times. What do analysts say? Live Events “GNG Electronics made a solid market debut, largely in line with our expectations, reflecting robust investor enthusiasm,” said Prashanth Tapse, Senior VP (Researc...

[hfe_template id='11223'] [ad_1] Synopsis Because we have the word “Hold ” in the headline, does it mean today’s list only has stocks where the analyst recommendation is “Hold”? No. But our headline says “Hold”, because, at a time the markets are volatile and bears are again on the prowl, the first instinct is to either buy to “average out” prices, or sell in order to protect profit. But in reality, the best action may well be no action. Just ignore what is happening in the market, whether it is noise about global events or even earnings. Just to put this in perspective. Remember February 2022? That was when Russia launched its full-scale war against Ukraine. There was panic and the global markets melted. Today, nobody even talks about the war that still rages on. So, if you are holding the right stock, it will pay off in the long term. Do just that: Hold. There have been many occasions when the market has gone through both long and short phases of correction. But some s...

[hfe_template id='11223'] [ad_1] Shares of Varun Beverages climbed as much as 4.3% on Wednesday to Rs 534 on the BSE after PepsiCo’s bottling partner posted an 81.2% sequential jump in profit after tax (PAT) for the first quarter of FY26 and a 5% year-on-year (YoY) surge to Rs 1,325.49 crore, even as revenue declined and domestic sales volumes came under pressure. The company’s PAT rose from Rs 1,261.83 crore in Q1 FY25 and sharply from Rs 731.36 crore in the preceding March quarter. However, revenue from operations declined 2.3% YoY to Rs 7,333.67 crore from Rs 7,513 crore. In its Q1 FY26 results announced Tuesday, the company also declared an interim dividend of 25% of the face value, or Rs 0.50 per share, translating into a cash outflow of approximately Rs 169.1 crore. Margin expansion and operational efficiency Despite a drop in top-line growth, the company delivered a stable gross margin of 54.5% and reported EBITDA of Rs 1,998.77 crore. The EBITDA margin expanded 8...