News for Blue Dart Express Limited (BLUEDART.BO)

Stocks including Tata Motors, JSW Steel, Life Insurance Corporation, Asian Paints, ITI, Divis Laboratories, Ola Electrics, GR Infra and more will be the spotlight on Monday, November 11.

Over 2500 companies, including prominent names like ONGC, Hindalco, and Hero MotoCorp, are set to release their second-quarter earnings this week. Early reports suggest muted results, with analysts predicting the slowest growth in over four years due to a marginal 2% rise in Nifty earnings.

Indian indices fell for a third consecutive session, dragged by Bajaj Auto's weak festive sales warning and concerns over high valuations and foreign fund outflows. Sensex fell 495 points, and Nifty declined 221 points. Analyst Rupak De of LKP Securities said that the Nifty has found initial support in the 24,700–24,750 zone. A fall below 24,700 could lead to a significant correction in the market.

Indian indices declined for the second consecutive session on Wednesday, dragged by auto and IT stocks. Nifty 50 closed 0.34% lower at 24,971 points, and Sensex fell 0.39% to 81,501 points. Analysts predict a sideways trend with support at 24,900 and resistance at 25,200.

Indian indices fell sharply on Thursday, dragged by Middle East tensions. Nifty closed at 25,250, down 2.12%. Analyst Rupak De sees a bearish trend reversal, with support at 25,070. Tejas Shah sees potential for a minor pullback rally, with support at 25,200-25,050 and resistance at 25,475-25,700.

Indian indices ended flat on Tuesday, with initial gains offset by profit-booking. Nifty closed at 25,940.4, up 0.01%. Analysts see a range-bound movement between 25,800 and 26,000, with support at 25,600.

Largest shareholders in the company are PG Esmeralda Pte. Ltd, Eaglebay Investment Ltd and BII with 49.7%, 27.13% and10.03% stake in company

Jul 23, 2024 / 09:30AM GMTOperator Ladies and gentlemen, good day, and welcome to the Blue Dart Express Q1 FY25 conference call, hosted by Elara Securities Priv

According to Rupak De, Senior Technical Analyst at LKP Securities, the Nifty formed a small-bodied candle after a bearish engulfing pattern, hinting at a temporary pause in the market. The Relative Strength Index indicates a potential shift towards bearish sentiment. The 24,550 level is a crucial resistance, with a breakthrough potentially sparking a significant rally.

Indian benchmark equity indices closed in the deep red on Friday due to broad-based profit booking ahead of the union budget next week. Selling was observed in all sectors.

Nifty on Monday ended 25 points lower to form a minor bearish candle on the daily chart. The up move was not supported by the momentum as on the hourly time frame there is a negative crossover, analysts said.

SEBI asks fund houses to ignore the least 20% illiquid stocks while assessing liquidity. The idea is to let microcaps- the tiniest of the smallcaps- to grow unfettered as they could turn into tomorrow’s multibaggers. In the first such attmept, Moneycontrol identifies these 20% stocks.

Stocks to watch: Check out the companies making headlines before the opening bell today, on December 11, 2023.

Q2 results 2023 news: Apart from the Dussehra stock market holiday, widely tracked companies such as Reliance Industries and Maruti Suzuki will declare their earnings this week.

TVS Supply Chain Solutions will make its debut on the BSE and NSE on August 24, as per IPO schedule.

BSE Sensex gained 302.30 points, or 0.45 per cent, to settle at 67,097.44, while NSE's Nifty50 added 83.90 points, or 0.42 per cent, to end the day at 19,833.15 for the day.

Newgen Software stock hit a record high of Rs 757.20, rising 10.91% intraday on BSE. Newgen Software stock opened higher at Rs 685. Market cap of the firm rose to Rs 5027 crore.

The right issue Committee of NECC approved the allotment of 4,51,77,602 equity shares with a face value of 10 each for cash at an issue price of Rs 18 each.

As many as 1680 shares advanced, 1739 shares declined, and 121 shares remained unchanged on June 21.