Dixon Tech Share Price Live: New ‘Buy’ Rating
Dixon Technologies Ltd., has received a ‘buy’ rating from B&K Securities as the brokerage initiated coverage on the stock, with a target price of Rs 18,946. The target implies a price-to-earnings ratio of approximately 62 times on FY27E earnings.
“We believe high growth, larger TAM, favourable policy support and high return ratio will help sustain valuation for the stock,” the brokerage said.
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Share Market Live: Jubilant Shares Down | Here’s Why
Jubilant FoodWorks Ltd.’s share price fell by 3.05% on Monday despite the release of a robust first quarter business update.
The operator of Domino’s Pizza reported a consolidated revenue from operations of Rs 2,261 crore for the first quarter, marking a 17% year-on-year increase. Standalone revenue saw a rise of 18.2%, reaching Rs 1,702 crore. The company also expanded its footprint by adding 73 new stores, bringing the total store count to 3,389.
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Stock Market Today Live: Titan, JSW Steel Dividends In Focus
Shares of Titan Co., JSW Steel Ltd., Solar Industries Ltd. and JK Cement Ltd. will be of interest on Monday as it marks the last session for investors to buy shares to qualify for receiving the dividend before the stock goes ex/record-date.
Under India’s T+1 settlement cycle, shares purchased on the record date itself will not qualify for the dividend payment. Hence, if the record date of a dividend stock is July 8, then shares must be purchased by July 7.
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Nifty Today Live: Defence Stocks Down
The Nifty Defence index down is 1%. Top loser in the counter is Paras Defence, folowed by Bharat Electronics and GRSE.
Share Market Live: Broader Markets Flat
The broader markets are flat. The Nifty Midcap 150 and Nifty Smallcap 250 initially fell after market open but recovered from losses to trade unchanged.
Stock Market Live: Most Sectors Decline
Most sectors on the NSE declined, with Nifty Defence falling the most. FMCG stocks were up, driven by Hindustan Unilever.
Stock Market Live: Nifty, Sensex Open Lower
India’s benchmark Nifty and Sensex opened lower on Monday as trade uncertainities remained high ahead of the July 9 US tariff deadline. Donald Trump threatened BRICS countries with an additional 10% tariff.
The Nifty opened at 25,450 and Sensex at 83,400.
Nifty Today Live: Volatility In Pre-Open
The Nifty has been volatile in the pre-open session. It dropped below 25,200 and soon recovered to trade higher, before again slipping marginally.
USD Vs INR Live: Rupee Weakens
The rupee opened 18 paise lower at 85.57 against US Dollar on Monday. It closed at 85.39 on Friday.
Source: Bloomberg
Nifty Today Live: Index Drop Below 25,200 In Pre-Open Trade
The Nifty dropped below 25,200 minutes into the pre-open session. An hour back, Donald Trump threatened a 10% additional tariff on BRICS countries.
Nifty Today: What F&O Cues Indicate
Nifty July futures up by 0.17% to 25,552 at a premium of 91 points.
Nifty January futures open interest down by 1.73%
Nifty Options July 10 Expiry: Maximum call open interest at 26,500 and maximum put open interest at 25,000
Securities in ban period: RBL Bank
Stock Market News Live: Global Markets
Markets remained closed on Friday in observance of Independence Day.
US stocks advanced in Thursday’s trading session, with the Dow Jones, Nasdaq, and S&P 500 all posting gains following the release of strong US jobs data by the Labor Department.
Asian shares posted modest moves at the open as investors awaited progress on trade deals with the US ahead of the July 9 deadline imposed by President Donald Trump.
Indexes in Japan, Australia and South Korea posted small declines after Trump administration officials signaled Aug. 1 as the date for higher levies to kick in and said some countries may get more time to negotiate deals.
Stock Market News Live: GIFT Nifty Indicates A Positive Start For The Indian Markets
The GIFT Nifty was trading near 25,529 early Monday. The futures contract based on the benchmark Nifty 50 rose 0.01% as of 6:39 a.m. indicating a positive start for the Indian markets.
Benchmark indices broke a two-day losing streak to settle higher on Friday but on a weekly basis the Nifty 50 and Sensex declined over 0.75%. The NSE Nifty 50 ended 55.70 points or 0.22% higher at 25,461, while the BSE Sensex closed 193.42 points or 0.23% up at 83,432.89.
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