Latest Market News Today Live Updates July 17, 2024: US stock market: Intel shares buck the chips rout, rise 8%

Stock Markets Today Live Updates: US stock market: Intel shares buck the chips rout, rise 8%

• Chip stocks plunged on worries over trade curbs on companies giving China access to advanced semiconductor technology

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Commodity News Today Live Updates: Oil sheds China demand worries, gains 1% on weaker US dollar, drop in stockpiles; Brent nears $85/bbl

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IPO News Today Live Updates: Macobs Technologies IPO: Here’s subscription status, GMP and other details

• The small and medium enterprise (SME) IPO was subscribed over 2.91 times on the first day of bidding.

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Stock Markets Today Live Updates: Tech-heavy Nasdaq hits two-week-low; Nvidia, ASML crash 4-8% from all-time high on tighter US trade curbs outlook

• Nvidia declined over four per cent and ASML Holding NV crashed eight per cent, even after the Dutch company reported strong orders in the second quarter.

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Commodity News Today Live Updates: Gold price today: Yellow metal surges to new all-time high on Fed rate cut expectations; silver falls 1.2%

• As of 1402 GMT, spot gold rose 0.5% to $2,480.75 per ounce, after reaching an all-time high of $2,482.29 earlier in the session. U.S. gold futures increased by 0.7% to $2,485.30.

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Stock Markets Today Live Updates: Budget 2024: Rahul Ghose of Hedged.in favours infra, railways, IT sectors; expects low risk in derivates on July 23

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Stock Markets Today Live Updates: Wall Street today: US equities drop on sell-off in big tech, chip stocks

• Wall Street today: US equities drop on sell-off in big tech, chip stocks

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Cryptocurrency Today Live Updates: Bitcoin jumps 3% to hit $65,000 level; Ethereum, Altcoin XRP surge 11%; here’s what analysts say

• According to CoinSwitch Markets Desk, spot Bitcoin ETFs have attracted over $16 billion in inflows since their launch in January, with $300 million added earlier this week alone.

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Stock Markets Today Live Updates: Expert View | Budget 2024 to expand PLI; traders must follow staggered investment: Master Capital’s Gurmeet Chawla

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Stock Markets Today Live Updates: Budget 2024: Here are 4 key focus areas in the Infrastructure sector as per Gurpreet Sidana, CEO of Religare Broking

• Budget 2024: Gurpreet Sidana, CEO of Religare Broking, highlighted that the government had set a clear priority on infrastructure sector in the Interim Budget. As emphasis continues, 4 key focus areas in the sector that will command interest in budget include railways amongst others. Check details

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Stock Market News Today Live Updates: PSU stocks are in a micro-bubble. What should investors do now?

• Over the past year, the market cap of India’s listed PSUs has doubled. The BSE PSU Index has been among the best performers. And some companies have overtaken small- and mid-cap firms in returns. If you had invested ₹1 lakh in Cochin Shipyard a year ago, what would be its worth today? Find out.

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Stock Markets Today Live Updates: Stocks to buy: Prabhudas Lilladher recommends three tyre stocks with upto 25% upside

• Brokerage firm Prabhudas Lilladher has suggested three tyre stocks to buy this week with upside potential upto 25% – Apollo Tyres, CEAT and JK Tyres.

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Stock Markets Today Live Updates: Infosys, Biocon among stocks that will be in focus on Thursday amid Karnataka job reservation bill

• Karnataka, known for silk and IT, has several prominent companies like Canara Bank and ABB India. A new bill seeks 100% local hiring for certain positions in private industries, sparking debate on its impact, especially in the tech industry.

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Mark To Market Today Live Updates: Bajaj Auto: CNG bike and exports to drive growth

• While overall exports grew at a similar rate as domestic volumes in Q1, exports to some markets fell by as much as 70%.
• The Freedom 125 CNG bike is strategically placed to tap price-conscious customers in the 125cc segment as it’s expected to cut running costs by half.

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Mark To Market Today Live Updates: Cement companies are going green, but meaningful change will take time

• At Shree Cement Ltd and JK Cement Ltd, green power accounted for more than 50% of total power consumption in FY24.
• However, de-carbonisation will be a gradual process owing to challenges such as the long gestation period of some WHRS projects and slow regulatory approvals.

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Stock Markets Today Live Updates: Infosys Q1 results tomorrow: 4 things from revenue growth to deal wins to be watched out for in the earnings show

• Q1 Results Preview: Infosys will be reporting its June 2024 quarter financials on 18 July. Amidst muted expectations from IT sector , as TCS and HCL Technologies did report better than expected performance, will Infosys also beat expectations will be watched for. Here’s what analysts expect

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IPO News Today Live Updates: Sanstar IPO: From products to financials, here are 10 key things to know from RHP

• Sanstar IPO opens on July 19 with a price band of ₹90 to ₹95 per share. Sanstar IPO comprises 4.18 crore new shares and 1.19 crore OFS by selling shareholders, totalling ₹510.15 crore. Funds from the IPO will pay off debt, expand the Dhule plant, and support corporate objectives.

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Stock Markets Today Live Updates: Nomura sets record target price for Aadhar Housing Finance, sees 20% upside — here’s why

• Nomura sees growth potential in housing loan sector, estimating 14%–15% growth over next decade. AHFCs have advantage in low-income segment. Aadhar operates in 20 states, more diversified than Aavas and Home First.

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Stock Markets Today Live Updates: Sizing up India’s listed data centre plays: What to expect from Budget 2024?

• Several listed entities, including telecom, EPC and power generation companies, are establishing their own data centres.
• Potential budget announcements may involve tax incentives, infrastructure development, renewable energy subsidies, streamlined policies, and investment in technology and skills.

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Stock Markets Today Live Updates: Budget 2024: Infra, capex to take centre stage; new tax regime could be incentivised, says Sneha Poddar of MOFSL

• Sneha Poddar, VP of research at MOFSL, expects the government to continue with its fiscal deficit consolidation path and offer more incentives for taxpayers in Union Budget 2024.

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Stock Markets Today Live Updates: Indian IPO market in its golden age, poised for further expansion: ACMIIL

• Indian IPO market experiences a golden age driven by robust economy and investor confidence. 35 mainboard companies raised ₹32,000 crore in the first half of the year, reflecting a period of dynamism. New-age tech startups like Go Digit and Awfis make headlines with stock market debuts.

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Stock Markets Today Live Updates: ONGC, Oil India share price: Analysts positive as Brent crude price sustains above $80 level, likely to remain firm

• Stock Picks: ONGC share price has risen 94% in a year while Oil India share price has given Multibagger returns of 263% in a year, Analysts expect firm crude prices supported by demand supply tightness. As firm crude price is positive here are other reason why JM Financial maintains Buy ratings

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Stock Markets Today Live Updates: Top 5 micro-cap stocks that turned into smallcaps

• These companies shrugged off their microcap status and saw their market capitalization soared, and eventually turned into smallcaps.

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Commodity News Today Live Updates: Gold and silver prices today on 17-07-2024: Check latest rates in your city

• Gold And Silver Prices Today:Gold And Silver Prices Today : 10 gm of 24 carat gold was at Rs.74806.0 in Delhi whereas 1 kg of silver was Rs.92200.0 in Delhi.

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Stock Markets Today Live Updates: Top Stock Recommendations: Sagar Doshi of Nuvama suggests BPCL, Godrej Properties, and Canara Bank for July 18

• Top Stock Recommendations: Sagar Doshi of Nuvama Professional Clients Group recommends these three stocks for tomorrow – Bharat Petroleum Corporation Ltd (BPCL), Godrej Properties Ltd, and Canara Bank.

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Stock Markets Today Live Updates: Can the Indian PV industry sustain its growth momentum in FY25 after 3 years of solid growth?

• Automakers have recently announced notable discounts on their best-selling models up to ₹2 lakh, raising concerns about low demand in the PV segment and an overflow of inventory. According to FADA estimates, inventory levels have reached an all-time high, ranging from 62 to 67 days.

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Stock Markets Today Live Updates: US Market: Dow Jones gains over 740 points, Russell 2000 small-cap index rise on rate cut bets

• US Market News: Dow Jones hits record high as investors anticipate Federal Reserve easing cycle to control inflation and prevent recession. Gold prices also reach all-time high. Nasdaq gains restrained by weaker tech firms. on longest winning streak since 2000.

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Stock Markets Today Live Updates: Stocks are on an astonishing run. Yet threats lurk

• We assess what could bring the bull market to an end

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Stock Markets Today Live Updates: Stock market holiday: NSE, BSE to remain shut today on account of Muharram

• Stock market holiday: Indian stock market closed today for Muharram, no trading on NSE or BSE. Commodity market to resume at 17:00 IST. During the day, twenty-two firms, including Asian Paints Ltd, LTIMindtree Ltd, Hathway Cable, and Elecon Engineering, would announce their June quarter results.

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Stock Markets Today Live Updates: FIIs versus retail: Battle lines drawn ahead of budget

• While retail investors and HNIs are approaching budget with caution to protect profits, FIIs are going full throttle.
• Retail/HNIs’ net short is close to a 7-year high hit earlier this month, FIIs’ net long position is also close to their highest net bullish position in seven years on 4 July.

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