Stock Market Live Updates July 2, 2024: Stock to buy today: Shyam Metalics and Energy (₹714.10): BUY

Stock market live updates: EFC (1) Ltd. SOCIETE GENERALE bought 3,50,000 @ Rs. 565.00

Stock market live updates: Navkar Corporation Ltd: RAJASTHAN GLOBAL SECURITIES PVT LTD bought 9,83,056 @ Rs. 109.71

Stock market live updates: Nazara Technologies: TIMF Holdings bought 12,00,000 @ Rs. 872.00

Stock market live updates: Shivalic Power Control Ltd.
BOFA SECURITIES EUROPE SA bought 2,89,200 @ Rs. 311.00

Stock market live updates: Hero MotoCorp

Total Sales At 5.03 Lakh Units Vs Estimate Of 4.87 Lakh Units

Total Sales Up 15.2% At 5.03 Lakh Units Vs 4.37 Lakh Units (YoY)

Stock market live updates: Securities in F&O Ban For Trade Date 02-July-2024  

* INDIACEM

* INDUSTOWER

Stock market live updates: Economic Calendar – 02.07.2024  

14:30 EURO CPI Flash Estimate y/y (Expected: 2.5% versus Previous: 2.6%)

19:00 EURO ECB President Lagarde Speaks

19:00 U.S. Fed Chair Powell Speaks

19:30 U.S. Jolts Job Openings (Expected: 7.85M versus Previous: 8.06M)

Stock market live updates: Indian Oil Corp’s FY25 capex expected at ₹34,000 crore

State-run Indian Oil Corporation (IoCL) is expected to incur a capex of ₹34,000 crore in the current financial year, ending March 2025, and around ₹37,500 crore in FY26, Fitch Ratings said on Monday. Read more

Stock market live updates: Marico uses AI to introduce product in overseas market

To introduce an unerring product proposition in the overseas market, Fast-Moving Consumer Goods(FMCG) maker Marico Ltd is using Artificial Intelligence (AI) to spot consumer insights in its international operations. Read more

Stock market live updates: ‘Skin in the Game’ regulation proves beneficial for mutual funds, boosting investments

The ‘Skin in the Game’ regulation has come as a blessing in disguise for the mutual fund industry as their investments have grown multi-fold last fiscal. Read more

Stock market live updates: Rane Holdings buys remaining 51% stake from Japanese Partner NSK in JV

Rane Holdings Ltd (RHL) said its Board has approved the acquisition of the remaining 51 per cent stake from the joint venture partner Japan-based NSK Ltd in Rane NSK Steering Systems Pvt Ltd. Read more

Stock market live updates: SEBI to simplify criteria for passive fund managers with new MF Lite regulations

In a move that would encourage more entrants in the mutual fund industry, the capital market regulator SEBI has proposed to reduce the net worth and profit track record criteria for companies interested only in managing assets passively. Read more

Stock market live updates: SEBI asks MIIs to halt slab-wise charges

SEBI on Monday directed market infrastructure institutions (MIIs) to stop levying slab-wise fee structures on members, a move that could especially impact the topline of discount brokers. Read more

Stock market live updates: Narayana Health unveils ‘ADITI’ plan, aims to bridge coverage gap for working class

Healthcare major Narayana Health has introduced its first health insurance product, ‘ADITI’, which will provide comprehensive coverage of ₹1 crore for surgeries and ₹5 lakh for medical management. Read more

Stock market live updates: Godrej Properties to develop luxury apartments in North Bengaluru’s Thanisandra

Godrej Properties Limited, a real estate developer, has acquired seven acres of land in Thanisandra, North Bengaluru. The land acquired outright will accommodate the construction of a luxury residential project featuring high-end apartments in various configurations. The project is estimated to generate a revenue of ₹1,200 crore. Read more

Stock market live updates: IIREDA records ₹9,136 crore in loan sanctions, marking 382.62% growth in Q1

Indian Renewable Energy Development Agency Ltd. (IREDA), a public sector enterprise supporting financial and other services, has recorded loan sanctions worth ₹9,136 crore in the first quarter. These sanctions mark a growth of 382.62 per cent compared to ₹1,893 crore in Q1FY24, as per the provisional figures, subject to audit. Read more

Stock market live updates: SEBI tightens rules to check trading from mule accounts

Securities and Exchange Board of India has tightened norms to detect fraud and market abuse at the stock brokers’ end via mule and proprietary accounts. Read more

Stock market live updates: Dip in hiring and headcount impacts diversity quotient at Indian IT services

As Indian IT (Information Technology) services firms registered a decline in headcount in FY24, the women employees count dipped sharper than men, thus impacting diversity ratio. Read more

Stock market live updates: India Inc hit by acute shortage of blue collar workforce

At the labour chowk in Noida, where contractors and homeowners often hire plumbers, carpenters, painters, and masons, finding a skilled worker is becoming fairly difficult. Though the chowk is full of people squatting around waiting for jobs, contractors say they are unable to get somebody with experience there now. Read more

Stock market live updates: Stock to buy today: Shyam Metalics and Energy (₹714.10): BUY

Stock market live updates: Stock to buy today: Shyam Metalics and Energy (₹714.10): BUY

Shyam Metalics and Energy has begun the week on a strong note by making a bullish breakout on Monday. The 6 per cent surge on Monday has taken the share price well above the crucial resistance level of ₹695. This has boosted the bullish momentum. Shyam Metalics and Energy share price can rise to ₹825 in the coming weeks. Any intermediate dips are likely to be limited to the ₹700-₹695 support zone. Read more

Stock market live updates: Stock to buy today: Shyam Metalics and Energy (₹714.10): BUY

Shyam Metalics and Energy has begun the week on a strong note by making a bullish breakout on Monday. The 6 per cent surge on Monday has taken the share price well above the crucial resistance level of ₹695. This has boosted the bullish momentum. Shyam Metalics and Energy share price can rise to ₹825 in the coming weeks. Any intermediate dips are likely to be limited to the ₹700-₹695 support zone. Read more