Stock market live updates for July 9, 2024: Sensex, Nifty move within stable ranges

Stock Market Live News: 1:1 Bonus from PVV Infra

PVV Infra Limited is an infrastructure company primarily engaged in rooftop solar installations. The company offers end-to-end EPC services and complete energy management solutions for installation of industrial, residential, commercial and floating rooftop solar power systems across India.

Our board of directors has recommended that the bonus shares be issued on a 1:1 basis, i.e., one share for each share held by a shareholder. The bonus issuance of shares is subject to shareholder approval and other applicable legal and regulatory approvals, as required. We will notify in a timely manner of the “record date” for determining the shareholders eligible to receive bonus shares.

Stock Market Live News: F&O securities banned from trading until July 9, 2024

*ABFRL

* Bandhan Bank

* Chambal

* GNFC

* Hindcopper

* Indosem

* Industry Tower

* Pell

Stock Market Live News: Stocks to Watch Today: July 9, 2024

Stocks to watch: VA Tech Wabag, Godrej Group, Dixon Tech, Jupiter Wagons, Mahanagar Gas, HEC Infrastructure

Stock Market Live News: Stocks to Watch Today

MGL

Following IGL and Gujarat Gas, now MGL will be increasing the prices of CNG and domestic PNG in Mumbai.

Pitti Engineering

The QIP was launched with an issue size of Rs 3,600 crore.

Senko Gold

It reported an 11% increase in retail sales in the first quarter and added six new showrooms.

Bandhan Bank

Launching enhanced trade products to facilitate global business transactions.

Spicejet

I have not deposited staff PF since January 2022.

Mahanagargas (MGL)

➝ From July 9, CNG prices will be increased by Rs 1.50/kg in and around Mumbai city and domestic PNG prices will be increased by Rs 1/SCM.

➝ The revised price of CNG will be ₹75/kg and domestic PNG price will be ₹48/SCM.

Stock Market Live News: Q1 FY2025 Earnings Calendar July 9, 2024

DeltaCorp, GMBREW

Q1 FY2025 Earnings Calendar July 10, 2024

JTLIND, Kesolamindo, Tataelkusi

Stock Market Live News: Pitti Engineering Launches QIP

Issue size – Rs 3,000 crore with greenshoe option of Rs 600 crore

Issue size – 10.65% of shares

Indicative Issue Price – Rs 1054.25 – 9% discount to CMP

Motilal Oswal Investments is a banker.

Funds available for debt repayment

Stock Market Live Today: Usha Martin signs tripartite agreement for change of share transfer agent

USHA MARTIN; The Company has entered into a tripartite agreement with KFin Technologies Limited (the “New RTA”) and MCS Share Transfer Agent Limited (the “Old RTA”).

This completes all procedures for changing from the old RTA to the new RTA.

Stock Market Live Today: Stock Recommendation: Citi launches acquisition of Afure with buy valuation and target price of Rs 1,600

Citi has initiated coverage on Affle with a buy rating and a target price of Rs 1,600 per share. The target price is based on a FY26 forecast price-to-earnings multiple of 48x, which represents a ~50% premium to global ad tech companies (35%/10% discount to Indian large/mid cap internet). Rankings: Zomato, MMYT, INED (large); Delhivery, Affle, Cartrade (mid cap).

Stock Market Live News: Electronic Mart Opens New Multi-Brand Store ‘BAJAJ ELECTRONICS’ in Telangana

ELECTRONIC MART;Co has commenced commercial operations of a new multi-brand store under the brand name “BAJAJ ELECTRONICS” in the state of Telangana.

Stock Market Live News: Himalaya Food International Q1 Financial Results

Net Profit Rs 0.88Crs Vs Rs 0.55Crs (YoY)

Revenue 10.8Crs vs. 10.5Crs (YoY)

EBITDA 2.30Crs vs. 2.21Crs (YoY)

Stock Market Live News: Heavy Trading in Swan Energy Limited on July 8, 2024

BLACKROCK GLOBAL FUNDS INDIA FUND has bought 1,820,108 shares of Swan Energy Limited at ₹668.27 per share.

Total amount: ₹121.63 crore.

Stock Market Live News: Fund Flow Activity: 08 July 2024 (Rupees, Crs)

Sales: (NSE + BSE)

Cash Volume: 144756.56 + 13464.63 Total: 158221.19

F&O Volume: 447947.54 + 15829686.8 Total: 16277634.3

Provisional Cash

FII/FPI: Net Buy: +60.98

(13564.41 – 13503.43)

DII: Net Buy: +2866.79

(14355.09 – 11488.3)

Stock Market Live News: HGInfra signs deal with Ultra Vibrant Solar

HGInfra has signed a Memorandum of Understanding with Ultra Vibrant Solar Energy for the execution of the solar power plant project.

Stock Market Live News: Torrent Power signs agreement with ARS Steels to develop solar power project

Torrent Power: The company and ARS Steel & Alloy International have signed a development agreement to set up a solar power project of up to 50MWP.

Stock Market Live News: Sun Pharma expects high single-digit sales growth in FY25, plans Phase 2 trial for weight loss drug

Sun Pharma expects high single-digit growth in consolidated sales in FY25 and plans to begin enrolling patients for a Phase 2 trial of its weight-loss drug GLP-1R during the second half of FY24, it said in its annual report.

Stock Market Live News: URJA GLOBAL: The company announced that CGST department will conduct search operations at its head office.

Stock Market Live News: India’s provisional employment to rise to 643.3 million in 2023-24

Reserve Bank of India: Provisional employment in India to rise to 643.3 million in 2023-24

RBI: India to create provisional 46.7 million jobs in 2023-24

RBI: India’s employment has provisionally grown by 6 per cent in 2023-24 as against 3.2 per cent in 2022-23.

Stock Market Live News: RailTel recommends final dividend of Rs 1.85 per share for FY24

RAILTEL CORPORATION OF INDIA: CO has recommended a final dividend of Rs 1.85 per share for the financial year 2023-24.

Stock Market Live News: Bernstein | India IT Services: ‘Billion Dollar Specialist’ – Launches Automotive and Software Engineering Services

Bernstein has expanded its IT services footprint by adding engineering services companies with deep specialization in automotive and software services: Persistent, KPIT, Tata Elxsi and CoForge.

Bernstein initiated Persistent and KPIT with Outperform ratings, Coforge with Market-Perform ratings and Tata Elxsi with Underperform ratings.

Persistent (OP, INR 5,920, room for 24% upside), KPIT (OP, INR 2,120, room for 25% upside), Coforge (MP, INR 6,080), Tata Elxsi (UP, INR 6,030).

Stock Market Live News: Container Corporation’s volume reaches 1.159 million TEU, up 6% year-on-year

Container Corporation: Total volume handled was 1.159 million TEU, up 6% year-on-year (11% increase in the previous quarter, 8% increase on average).

Commodity Market Update: Hot Product – Sizzling Silver

Silver, also known as the poor man’s gold, is an alternative to gold both as an investment and as jewelry. What has caused silver to surge to a 13-year high in the global market?

Stock Market Live Today: Trading Guide for July 9, 2024: Intraday Support and Resistance for Nifty50 Stocks

Intraday support and resistance of widely traded stocks like Reliance Industries, ITC, ONGC, Infosys, HDFC Bank, TCS, SBI etc. are as follows:

Stock Market Live Today: Today’s Stock Recommendations: July 9, 2024

Here are some interesting stock ideas. The stock I would like to introduce to you today is Shriram Finance. The stock has been falling for almost two weeks. However, the stock is currently at support levels and the long-term trend is bullish. Hence, there is a good chance it will rise from here.