Market roundup: Recent developments and news impacting your investments on July 6
Market roundup: Recent developments and news impacting your investments on July 6

Market roundup: Recent developments and news impacting your investments on July 6

Euro/USD broke its 20-year low, while HDFC twins merger waits as Tata Motors win case against Evey. In a major development, shareholders of Britannia Industries rejected the promoter’s investment proposal, also the Service Purchasing Managers' Index (PMI), came highest since April 2011, and recovery is seen in demand for the auto sector.

DSIJ Intelligence Article rating: 5.0

Euro/USD broke its 20-year low, while HDFC twins merger waits as Tata Motors win case against Evey. In a major development, shareholders of Britannia Industries rejected the promoter’s investment proposal, also the Service Purchasing Managers' Index (PMI), came highest since April 2011, and recovery is seen in demand for the auto sector. 

Stocks below Rs 100: Only buyers seen in these scrips on July 6
Stocks below Rs 100: Only buyers seen in these scrips on July 6

Stocks below Rs 100: Only buyers seen in these scrips on July 6

The shares in the Asia Pacific rumbled as the Chinese stocks led to losses due to the increasing rounds of COVID-testing in Shanghai. This has induced fears of further lockdown restrictions in China thereby, creating a ripple effect on the stock markets.

DSIJ Intelligence Article rating: 3.4

At 11.30 am on Wednesday, the headline equity indices, i.e. Sensex and Nifty 50 were trading marginally higher.  

Watch out for these penny stocks locked in the upper circuit on July 6
Watch out for these penny stocks locked in the upper circuit on July 6

Watch out for these penny stocks locked in the upper circuit on July 6

At 11.34 am, Sensex surged 259 points and was seen trading at 53,394.

DSIJ Intelligence Article rating: 4.0

Despite weak global indications, the Indian markets are trading in the green, driven by widespread purchasing. High selling pressure was observed in the metals sector. Today, the index declined by more than 2 per cent. However, the market was driven higher by the auto, FMCG, and bankex sectors. In today's trading session, the shares of CE Info Systems (MapmyIndia) increased by 5 per cent.

These stocks are experiencing price volume breakout
These stocks are experiencing price volume breakout

These stocks are experiencing price volume breakout

On July 5, the Nifty 50 attempted to rise but was met with rejections at higher levels, with sellers taking the lead. There are, however, pockets of strength. In this post, we have highlighted companies that are experiencing price volume breakout.

DSIJ Intelligence Article rating: 3.1

On July 5, the Nifty 50 attempted to rise but was met with rejections at higher levels, with sellers taking the lead. There are, however, pockets of strength. In this post, we have highlighted companies that are experiencing price volume breakout.

Bank Nifty caught between rock and a hard place; 21-EMA is crucial!
Bank Nifty caught between rock and a hard place; 21-EMA is crucial!

Bank Nifty caught between rock and a hard place; 21-EMA is crucial!

Bank Nifty took support at 21-EMA for the day, which is placed at 33,815. A decline below this will be negative for the index.

DSIJ Intelligence-3 Article rating: 4.4

After a solid start, Bank Nifty registered an intraday high of 34,361; however, it fell from grace and declined sharply by 600 points from the day’s high.

Holding Raymond? Know complete management insight of the stock that hit its upper circuit today!
Holding Raymond? Know complete management insight of the stock that hit its upper circuit today!

Holding Raymond? Know complete management insight of the stock that hit its upper circuit today!

The company has filed DRHP for an IPO of engineering business to raise around Rs 800 crore.   

DSIJ Intelligence-3 Article rating: 4.6

Interestingly, the stock, on Tuesday, got locked at an upper circuit limit of 5 per cent at Rs 906.90 while its volume for the day is the highest in the last four trading sessions.   

This small-cap NBFC hits upper circuit on July 5! Find out its target levels here
This small-cap NBFC hits upper circuit on July 5! Find out its target levels here

This small-cap NBFC hits upper circuit on July 5! Find out its target levels here

Considering the pattern, we can expect the stock to test the level of Rs 17, followed by a 200-DMA level of Rs 18 in the short term.

DSIJ Intelligence Article rating: 5.0

It is an NBFC that provides total financial services for companies with projects across the energy value chain. It is a small-cap company with a market capitalisation of about Rs 1,000 crore.

RSS
First20862087208820892091209320942095Last

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR