Stock Market Highlights | Tech View: Nifty candles hint at more trouble ahead. Here’s how to trade next week

A long bearish candlestick has formed on the daily chart and a shooting star candlestick has formed on the weekly chart, suggesting temporary weakness in the near term.

The immediate short-term trend appears to have reversed from the historic highs. Candlestick models have formed on the daily and weekly charts, suggesting further weakness. The next support is at 24. 200 and 24. 000 levels.

Reliance Industries, Wipro, Paytm and JSW Steel are set to announce their first quarter results today.

See more 1 new post 19 Jul 2024 08:11:54 IST

PVR Inox's losses double to Rs 179 crore as Bollywood movies flop

India's largest cinema operator PVR Innox on Tuesday reported a more than doubled first-quarter loss due to a drop in the number of big Bollywood releases and weak cash costs for films that have been released.

The company, which was formed in early 2023 from the merger of PVR and Inox, reported a consolidated liquidation loss of Rs 179 crore (81. 6 lakhs annualized) for the June quarter. A PVR Inox representative said film sales for the quarter fell 13%.

19 Jul 2024 07:10:49 IST

US stocks open lower amid selloff, global tech outage

Wall Street's major stock indexes fell at the open on Friday as investors' attention shifted to semiconductor and technology-related majors amid concerns about the impact of a major global technology outage.

19 Jul 2024 06:51:47 IST

Patanjali Foods Q1 results: Profit nearly triples YoY to Rs 263 cr; revenue down 8%

Patanjali Foods' net profit for the first quarter of the fiscal year ending June 2024 nearly tripled to Rs 263 crore from Rs 88 crore in the previous quarter.

For the year, it declined 8% to Rs 7, 173 crore in the June quarter against Rs 7, 767 crore in the same period last year.

19 Jul 2024 06:50:28 IST

Patanjali Foods Q1 Results: PAT at Rs 263 crore, up from Rs 88 crore YOY

First quarter Patanjali Foods results - Sales indicators came in at Rs 263 against Rs 88 last year. 6:42:18 PM IST, 19 Jul 2024

Gold eases from record highs on firmer dollar

Gold prices fell more than 1% on Friday as the dollar strengthened as some investors booked profits after a recent shift away from gold on growing expectations of a US interest rate cut in September. Spot gold was down 1. 7% to $2. 404. 34 an ounce by 1233 GMT. Gold prices hit an all-time high of $2. 483. 60 on Wednesday.

Jul 19, 2024 06:41:33 IST

Blue Dart Express Q1 profit down 13% to Rs 53 crore

Logistics company Blue Dart Express has announced on Friday that the consolidated non-heating profit in June of June 2024-25 has decreased by 12, 82 %, 53 and 42. In April 2024, the company reported that the company had a clean profit in the 61 and 28 cheeks.

July 19, 2024 06:39:53 IST

JSW Energy Q1 PAT at Rs 522 crore

The first JSW energy quarter result is that the console has reached 522 rupees from the business from the business. 06:09:32 IST, 19 Jul 2024

ICICI Lombard Q1 PAT up at Rs 580 crore on motor, health insurance boost

ICICICICI LOMBARD Insurance increased the benefits for the quarter of June from 390 rupees to 580 rupees in the same period of the previous year.

July 19, 2024 06:05:47 IST

Indian Hotels Company Q1 net profit at Rs 260 crore, up 10.25% YoY

Indian Hotels Company LTD announced on Tuesday that it will increase the incompatible profits by 10, 25 % and to 260, 19. He announced that he would raise it to Rupia. The Indian Hotel's Company Limited (IHCL), the country's coolest, richest and hotel brands in the country, have 236 benefits. Of course, Rupiah of the year according to the information presented to the regulatory authorities.

The company has an overall sales in the quarter of the report from April to June to 1. 596, 27 rupees, 1. 515, 70 rupees, and the past c o-formation phase.

July 19, 2024 06:05:09 IST

Vedanta sells 19.32 cr shares in QIP for Rs Rs 440 each

As part of the QIP, Vedanta will carry out a 19. 32 race of 440 rupees. July 19, 2024 05:21:45 IST

Indian govt bond yields end flat, at 6.9641%

The profitability of Indian bonds on Friday did not literally change. The remarkable trader is waiting for the Federal Butzht to release in the right week, when the center of interest will be characterized by economic downs and market borrowing.

The profitability of the basic 1 0-year bonds ended with a mark of 6, 9641 %, 6, 9674 %, the previous closing price. In the past week, profitability has decreased by two basis points, and it has not changed as last week.

July 19, 2024 05:08:45 IST

Oberoi Realty Q1 Results: Net Profit at Rs 585 crore

1st quarter Oberoi Realty financial statements: DREIING BENEFI T-585 rupees from sale s-1. 405 L-Lupies Availabl e-2 Rupees promotion

July 19, 2024 04:58:22 IST

ICICI Lombard General Insurance Q1 results

The 580 Crorus Impetent won the 4. 504 claw award for the PAT for the ICICICICI LOMBARD no n-life insurance Q1. 04:57:17 PM IST, 19 Jul 2024

Blue Dart Express Q1 Results: Q1 profit falls, hurt by expenses

India's courier service company Blue Dart Express has announced that the first quarter profit has decreased by 12, 8 %. The company's consolidated non-exposed funds were 534 million dollars ($ 6. 4 million) in the April-6th year, compared to 62 million dollars ($ 8 million) in the same period of the previous year. This is followed by a constant benefit, or after the fifth quarter of the fifth quarter, the previous quarterly benefit increased by 12 %.

04:44:44 PM IST, July 19, 2024

Nippon Life India Asset Management Q1 PAT at Rs 332 crore

• 332 Connected PAT index by Rupe Rupe
• Consol Operating Profit 50. 5 Billion Yen

July 19, 2024 16:11:13 IST

JSW Steel Q1 Results: Key highlights from earnings

16:04:02 IST, 19 July 2024

Highlights of the Results: Wipro

• Gross profit was ₹219. 6 billion ($263. 58 million), down 1. 1% QoQ and 3. 8% YoY.
• IT Services revenue was $265 million, down 1. 2% QoQ and 5. 5% YoY.
• On a non-GAAP constant currency basis, IT Services revenue was down 1. 0% QoQ and 4. 9% YoY.
• Total filings were $3. 284 billion. The number of large deal 4 applications was $1. 154 billion, down 3. 1% from the previous quarter and 3. 6% from the same quarter last year.
• IT services operating margin for the quarter was 16. 5%, up 0. 1% from the previous quarter and 0. 4% from the same quarter last year.
• Net income for the quarter was ₹300 billion ($364 million), up 5. 9% from the previous quarter and 4. 6% from the same quarter last year.
• Earnings per promotion for the quarter was ₹5. 75 ($0. 071), up 5. 9% from the previous quarter and 9. 9% from the same quarter last year.
• Cash flow from operating activities increased 6. 5% year-on-year to ₹400 crore ($479 million), accounting for 131. 6% of quarterly net profit.
• Voluntary attrition among employees was 14, 1% over the trailing twelve months.

16:07:09 IST, 19 July 2024

JSW Steel Q1 Results: PAT at Rs 845 cr vs Street estimates of Rs 1,254 cr

JSW Steel Q1 PAT performance: ₹845 crore vs. ₹1254 crore Profit: ₹42, 943 crore vs. ₹41, 985 crore 985 crore

19 July 2024 15:59:23 IST

Wipro Q1 Results: IT services revenue down 1.2%

IT services revenue was ₹2, 625, 9 million, down 1, 2% quarter-on-quarter and 5, 5% for the year. Non-GAAP2 IT services revenues at constant exchange rates were down 1. 0% QoQ and 4. 9% YoY.

Total filings for the quarter were $3, 284 million, with large transaction filings of $1, 154 million. This is down 3. 1% QoQ and 3. 6% YoY.

19 Jul 2024 15:57:49 IST

Wipro Q1 Results: Outlook for the Quarter ending September 30, 2024

In fact, we expect IT services profits to be between $2. 6 billion and $2. 652 billion, which implies an alternative monitoring of (-)1. 0% to +1. 0% on a constant exchange rate basis.

19 Jul 2024 15:54:24 IST

Wipro Q2 Guidance

The IT major sees relief from IT services increasing at +1, 0% fro m-1, 0% in view of long-term monetary union. 19 Jul 2024 15:46:40 IST

Wipro Q1 Results | Wipro's June quarter profit up 4.6% YoY, revenue lower by 4%

IT company Wipro posted consolidated net profit (attributable to equity holders) of Rs 3, 003 crore for the quarter ended June 30, 2024, up 4, 6% from Rs 2, 870 crore in the corresponding period last year. Profit from operating activities stood at Rs 21, 964 crore, 4% lower than Rs 22, 831 crore in the corresponding period last year.

19 Jul 2024 15:41:08 IST

Wipro Q1 Results Live Updates | PAT at Rs 3,037 cr vs Street estimates of Rs 2,993 cr

Wipro Q1 results: PAT at Rs 3, 037 as against monitoring of Rs 2, 993.

Jul 19, 2024 03:38:31 PM IST

Sector View: Metal and oil & gas stocks bleeds

03:35:56 PM IST, Jul 19, 2024

Sensex Heatmap: 27 of 30 Sensex stocks end in the red

03:35:03 PM IST, Jul 19, 2024

Closing Bell: Nifty below 24,550; JSW Steel drops 5%, RIL 2%

03:34:13 PM IST, Jul 19, 2024

Closing Bell: Sensex breaks 4-day record run, plummets 739 pts

03:15:42 PM IST, 19 Jul 2024

Sensex Today | Realignment of share in Godrej entities following split completed

• The promotional restructuring of several stock exchange listed companies in the Godrej Group has been completed as a trail of documents have been filed with regulators.
• After the Home Deal was finalized in April this year, the 127-year-old conglomerate was split into two companies: Godrej Industries Group (Gig), led by Godrej's Adi and Nadir, and Godrej Enterprises Group (GEG), led by Godrej's Jamshid and Smithy Kraishch.

19 Jul 2024 03:11:50 IST

Sensex Today | Sensex falls over 700 points

03:05:06 IST, 19 Jul 2024

Stock Market LIVE Updates | Edelweiss Mutual Fund experiences login issues on their website due to a Microsoft outage

19 Jul 2024 03:01:01 IST

UltraTech Cement Q1 Results: Cons PAT rises marginally to Rs 1,697 crore, revenue up 2% YoY

UltraTech-Cement on Friday declared consolidated undeclared profit in the amount of Rs 1, 697 crore (shareholder related) for the quarter ending June 30, 2024, actually 0, more than 50% higher than Rs 1. 688 crore for the comparable stage Birla Group.

Operating profit was Rs 18, 070 crore, a whopping 2% higher than Rs 17, 737 crore raised by the company in the past corresponding quarter.

02:49:51 PM IST, Jul 19, 2024

Stock Market LIVE Updates | Ultratech Q1 Results

• Pat: 1 676 rupees against 1 695 rupees against watch
• Revenue: 18. 070 rupees against 18. 194 rupees, according to the street.

02:40:53 PM IST, 19 Jul 2024

Atul Q1 results

02:34:00 PM IST, 19 Jul 2024

CrowdStrike, Microsoft shares fall in premarket trading after major outage

US municipal auctions saw CrowdStrike's cybersecurity-related promotion fall 14% and Microsoft's 3%, but IT companies said they had effectively eliminated problems in the work of their cloud services. On Friday, a plethora of technical failures did not satisfy the work of many sectors of the economy: airlines completed flights, some TV channels did not work, and system problems affected all areas, from banking to healthcare. American Airlines, Delta Air Lines, United Airlines and Allegiant Air temporarily suspended flights, citing communication difficulties. Microsoft said it had indeed fixed the problem in its cloud services, affecting a number of economic carriers, but it was not immediately clear if it was data-related.

02:25:09 PM IST, 19 Jul 2024

Sensex Today | Stock Market LIVE Updates | Muthoot Microfin cut interest rates by 35 bps

02:15:42 IST, 19 Jul 2024

SENSEX TANKS 600 PTS: RIL, Tata Steel top drags

02:02:36 IST, 19 Jul 2024

Stock Market LIVE Updates | Indian airlines, brokerages affected by global IT outage

On Friday, Indian Airlines and a number of brokerages faced technical and operational failures due to a major information technology outage, numerous investors and airlines reported.

In addition, Reuters quoted six industry officials, and major oil and gas trading teams in London and Singapore faced trading issues due to cyber problems.

In addition, the LSEG news and data platform "Workspace" had a significant impact on user access.

July 19, 2024 13:31:09 IST

Stock Market LIVE Updates | No impact on BSE, NSE amid global Microsoft outage

13:23:42 IST, 19 JULY 2024

Japan's Nikkei tracks Wall Street lower; chip gains cap losses

• Japan's Nikkei Stock Average fell on Friday after the fall of Wall Street, but recovery from semiconductor companies has relieved of sector.
• The Nikkei average finished transactions at 40. 063, 79, which was 0. 16%cheaper.

13:17:56 IST, 19 JULY 2024

European shares dip as lower commodity prices weigh

• The Nikkei Stock Average finished trading at 40. 06 and 79 yen, down 0. 16 % from the previous day.
• Investors are still paid to various data on interest rate hikes, and as all sectors are selling, the Pa n-European Stoxx600 index has fallen by 0. 6 % to 07. 15 GMT, recording a low for the first time in two weeks. < SPAN> Furthermore, according to Reuters quoted six industry officials, London and Singapore's major oil and gas trading teams faced trading issues due to cyber problems.