Indices end in green as Sensex tops 59k; Auto, Bank shine; Energy lags

The company said that it intends to utilise the net proceeds to fund its capital expenditure, support incremental working capital requirements and pay debt and will also be used for general corporate purposes. The fears regarding the Credit Suisse crisis are unlikely to impact the markets since it doesn’t have the potential to become a systemic crisis.” The market’s mood was also buoyed by Japan Inc’s plans to boost capex this fiscal year in a quarterly Bank of Japan survey of corporate sentiment. We advise traders to keep a close tab on global developments and any favorable cues on this front would certainly provide the much-needed push for our domestic markets. Till the time important levels are not reclaimed, it’s better to stay positive but adopt one step at a time approach. Also, in case of an extended rebound, one can keep focusing on recent beaten-down heavyweight spaces like Financials and Auto, which are likely to give a sustainable relief.

Adjustable Stand – Easily change the position of the monitor for maximum ergonomics. Bar Replay feature is extremely useful for visual backtesting with ease. Also it helps in identify past performance as well as which indicators / systems are repainting in nature. Best Technical Analysis Software for Indian Stock Market at affordable price. No matter whether you are price action trader , or Moving Average follower or Indicator based trader or candlesticks pattern follower or even RSI Divergence trader.

Maruti Suzuki India (MSI)

You can find more details by visiting the additional pages to view historical short tail enterprise definition and that means, charts, latest news, analysis or visit the forum to view opinions on the MSI quote. “The equity market seems to be delighted with the slight tick lower in inflation, as it should be. It underscores that the Fed’s campaign is, in fact, working, albeit slowly,” said Quincy Krosby, chief global strategist at LPL Financial in Charlotte, North Carolina. The quarterly gains came despite a sharp sell-off in bank stocks following the collapse of two regional banks earlier this month and worries about a potential bigger financial crisis. Bankers and market experts said the March quarter has been slower than before, as rising interest rates made potential borrowers wary. The Reserve Bank of India has raised its repo rate – the benchmark for most home loans taken since October 2019 – by 250 basis points since May last year to quell rising prices. European shares edged higher on Monday, after ending a volatile quarter higher, as oil heavyweights rallied after a surprise announcement by OPEC+ and its allies to cut production further lifted crude prices.

To award its long-term positional https://1investing.in/ who remained loyal to the stock despite a heavy sell-off in the last one year, the board of directors is going to consider and approve interim dividends in its meeting today. The dividend-paying stock has already declared a record date for dividend payment on 18th April 2023. 2 per equity share consists of a fresh issue of equity shares worth up to Rs. 160 crores and an offer-for-sale of up to 17.5 million equity shares by promoters selling shareholders and promoter group.

Bajaj Auto reports 2 pc dip in total sales in September

The rupee extended its initial gains and settled 33 paise higher at 81.40 against US dollar on Friday, after the Reserve Bank of India raised the benchmark lending rate by 50 basis points. Till date, 13 organisations – MapMyIndia, CargoExchange, Freight Fox, Conmove, Intugine, Eikonatech, Yes Bank, Superprocure, CargoShakti, CloudStrats, Shyplite, APSEZL, and AITWA have signed non-disclosure agreement to access data on ULIP. Housing Development and Infrastructure stock will be in focus on Monday as it will be announcing the August to October quarter earnings.

Two-wheeler maker Hero MotoCorp on Saturday reported a 15 per cent rise in total sales at 5,19,342 units for March 2023 as compared to 4,50,154 units in the same month last year. As the financial year comes to an end, several automobile companies have posted their sale records for the month of March. While some including Maruti Suzuki India and Kia India reported slight declines, others including TVS Motor Company and Tata Motors reported an improvement.

European shares edged higher after ending a volatile quarter higher, as oil heavyweights rallied after a surprise announcement by OPEC+ and its allies to cut production further lifted crude prices. Property developers and technology firms lifted China stocks, while Hong Kong shares closed almost flat, after surprise output cuts by Saudi Arabia and other OPEC+ oil producers added to worries about global inflation. Play at the peak of performance with the MSI Oculux NXG253R esports gaming G-SYNC monitor.

Private Bank Posts Record Profit in Q4 and FY23, Asset Quality Remains High

Maruti Suzuki India on Wednesday said it will increase prices of its entire model range this month amid rise in input costs. In a routine inspection, the country’s largest carmaker found that in some units of Eeco, manufactured between July 19, 2021 and October 5, 2021, the wheel rim size was incorrectly marked, the company said in a regulatory filing. Mahindra & Mahindra on Thursday said it has increased prices of its entire model range by 2.5 percent with immediate effect.

Witness a thrilling gaming experience with the MSI Thin GF63 gaming laptop. It is powered by an Intel Arc graphics card so that you can get striking graphics and smooth gaming experience. The Cooler Boost technology of this laptop ensures efficient cooling performance even under heavy duty tasks and games. And, with versatile connectivity options , you can experience a highly engaging user experience. The S&P 500 financial sector was the quarter’s worst-performing sector, posting a 6.1% drop, while the KBW regional bank index fell 18.6% for the period. Oil prices jumped more than $5 a barrel on Monday’s open, jolted by a surprise announcement by OPEC+ to cut production further in an effort to support market stability.

The Company in consultation with the BRLM may give a discount to the eligible shareholders of its Promoter i.e. Even as a rebound in Bitcoin this year made it the best-performing asset in the first quarter, a widening US regulatory crackdown and the collapse of a few crypto-adjacent banks has tempered some investors’ enthusiasm. According to stock market experts, this poor listing of Udayshivakumar Infra shares can be attributed to tepid secondary market mood after the OPEC+ surprise production cut announcement.

• Enterprise Value is a measure of a company’s total value, often used as a more comprehensive alternative to equity market capitalization.
• Housing Development and Infrastructure stock will be in focus on Monday as it will be announcing the August to October quarter earnings.
• The RBI’s rate-setting panel on Monday started its three-day meeting amid expectations that the central bank may go for 25 basis points hike in benchmark interest rate, probably the last in the current monetary tightening cycle that began in May 2022.
• The energy-hungry nation will issue tenders to install 15 GW of renewable energy capacity each in the first two quarters of this fiscal year, ending March 2024, followed by bids for 10 GW in the next two quarters, according to the memo.

Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. Motorola Solutions reported Q3 EPS of $3.00, $0.12 better than the analyst estimate of $2.88. Revenue for the quarter came in at $2.37 billion versus the consensus estimate of $2.31…

Auto sales on ascending track riding on festive cheer, smooth chip supplies

The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail. Motorola Solutions, Inc. provides mission-critical communication infrastructure, devices, accessories, software, and services in North America, Latin America, the Asia Pacific, the Middle East, Europe, and Africa.

The laptop, to be called JioBook and which will be embedded with a 4G sim card, will be available to customers such as schools and government institutes from this month while a consumer launch is anticipated within the next three months, the sources said. On 31 August 2021, Naspers announced that an agreement had been reached between PayU Payments Private Limited , a subsidiary of Prosus N.V. BillDesk, founded in 2000, is a leading payment businesses in the country. Prosus NV has cancelled a $4.7 billion deal to buy Indian payments firm BillDesk after conditions on the deal were not met. The deal had received approval by the Competition Commission of India last month, though ‘certain conditions precedent’ weren’t met by the deadline at the end of last month, Prosus said in a statement on Monday.

Japanese stocks closed higher on Monday, tracking Wall Street’s strength at the end of last week, underpinned by gains in energy-related shares after oil prices jumped on a surprise production cut by OPEC+. The Nikkei share average rose 0.52%, while the broader Topix climbed 0.71%. In the very near term, there are uncertainties around US inflation, interest rates, recession in large economies and commodity prices. Investing in a staggered manner over next few months is what investors should consider as preferred option, said Rupesh Patel, Senior Fund Manager – Equity Investments, Nippon India Mutual Fund. Further, the company has fixed Thursday, November 03, 2022, as the record date for the purpose of determining members eligible for Bonus equity shares.

The JV is set to accelerate Britannia and Bel’s play in the branded cheese market in India. Britannia Bel Foods Private Ltd, the dairy joint venture of homegrown packaged foods company Britannia Industries, on Monday announced the appointment of Mustufa Arsiwalla as the chief marketing officer of the company. SBI Cards and Payment Services Ltd has been reporting steady growth in its credit cards outstanding instead of new card additions. According to data from the Reserve Bank of India , SBI Card saw the highest new credit card additions of around 300,000 in February. Close peers HDFC Bank and ICICI Bank added about 60,000 and 80,000, respectively.

He wrote, “I’m honored and privileged to take office today as Executive Chairman of the Haifa Port Company, on behalf of @AdaniOnline. The experience and expertise of Adani and Gadot, combined with the dedication of the port workers, will take Haifa Port to new heights of prosperity.” In the international spot market, gold price descended to the tune of 0.90 per cent and hit $1,950 per ounce levels.

Indian billionaire Mukesh Ambani’s Reliance is known for disrupting businesses with cut-throat price offerings. Jio, its telecoms unit, has been credited with upending the world’s no. 2 mobile market with cheap 4G data plans and free voice services in 2016. Non-fungible tokens are a kind of blockchain-based asset representing a digital file such as an image, video or item in an online game. They exploded in popularity in 2021, as crypto-rich speculators rushed to cash in on rising prices, but sales volumes have slumped in recent months. NVIDIA DLSS boosts frame rates and generates beautiful, sharp images through AI processing Tensor Cores on GeForce RTX. However, only high fps is not quite enough for a professional gamer.

ABC Pattern , Harmonic Patterns and EW 4th Wave are like icing on cake. These features makes it Best Technical Analysis Software for Indian stock market. However, the stock has fallen nearly 10% in the last six months, while it has plunged 32% year-to-date.

The company issued a press release, highlighting the numbers from March. SpiceJet has announced the completion of the hive-off of its cargo and logistics division ‘SpiceXpress’ into a separate entity called SpiceXpress and Logistics Private Limited. The steel giant further said it is continuously ramping up its production over the years with a focus on more value-added and special-steel production. In a statement, the Steel Authority of India said it has achieved the best-ever annual production during FY23. The production of hot metal also rose by 3.6 per cent to 19.40 MT during the financial year ended March 31.

In fact, during April to June 2022 quarter, they almost doubled their stake in the company from 6.63 per cent in Q4FY22 quarter to 13.60 per cent in Q1FY23 quarter. According to stock market experts, the small size of the issue and moderate pricing, the IPO received a good response from the investor and one can expect Udayshivakumar Infra shares to make a strong debut in the secondary market today. They said that stock market sentiments are also positive and hence Udayshivakumar Infra shareholders, who got company shares via allotment process, may expect up to 35 per cent listing premium from the issue.

A370M is worse than 1650 and it wont be better even if intel perfects xess. They keep rolling back to the intial release driver and keep updating. Sporting a 144Hz IPS-level display, this laptop brings you stellar visuals and smooth refresh rate for an immersive game-play experience. The MSI Thin GF63 gaming laptop is equipped with an Intel Arc graphics card that allows you to experience enhanced graphics performance so that you can indulge in seamless gaming, streaming, and creating performance. The Commerce Department report Friday showed U.S. consumer spending rose moderately in February while inflation cooled. The company continues to witness increased cost pressure driven by overall inflation and regulatory requirements, the automaker had stated.

The launch is aligned with the company’s vision of providing a range of green and sustainable offerings to its customers, MSI said in a statement. The Celerio S-CNG variants are priced at Rs 5.36 lakh, Rs 5.61 lakh and Rs 5.68 lakh. The company had produced a total of 40,924 units in May this year, Maruti Suzuki India said in a regulatory filing. The automaker currently leads the CNG space by a distance in the domestic market with over 85 per cent market share in the segment.

Suzlon Energy rights issue is going to open on 11th October 2022 and it will remain open till 20th October 2022. The board of directors of the energy company has fixed record date for Suzlon Energy rights issue on 4th October 2022. This means, Suzlon Energy stock will be in focus today as it is going to trade ex-rights share today. Infrastructure Investment Trusts are instruments on the pattern of mutual funds, designed to pool money from investors and invest in assets that will provide cash flows over a period of time.

India’s factory growth dipped to a three-month low in September but output still remained solid despite global headwinds, a private survey showed. The Manufacturing Purchasing Managers’ Index, compiled by S&P Global, fell to 55.1 in September from 56.2 in August, lower than 55.8 predicted by economists in a Reuters poll but the pace of growth was still solid. Zydus was one of the first applicants to submit a substantially complete ANDA with a paragraph IV certification for Mirabegron extended-release tablets, 25 mg and 50 mg and is therefore eligible for 180 days of shared generic drug exclusivity for the drug, it added. Zydus Lifesciences on Monday said it has received the USFDA’s final nod to market its generic version of Mirabegron extended-release tablets used to treat overactive bladder, with 180 days of shared generic drug exclusivity. However, total commercial vehicle sales during the month under review went up 13% to 46,392 units as against 40,985 vehicles in September 2021.

• Two-wheeler maker Hero MotoCorp on Saturday reported a 15 per cent rise in total sales at 5,19,342 units for March 2023 as compared to 4,50,154 units in the same month last year.
• The company informed the bourses that its promoters have reconfirmed their participation in the rights issue.
• The experience and expertise of Adani and Gadot, combined with the dedication of the port workers, will take Haifa Port to new heights of prosperity.”
• Motorola Solutions, Inc. provides mission-critical communication infrastructure, devices, accessories, software, and services in North America, Latin America, the Asia Pacific, the Middle East, Europe, and Africa.
• At present, the Gurgaon plant rolls out many of the company’s popular models, including Alto and WagonR, with an estimated annual capacity of around 7 lakh units.

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