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Zen Tech, HAL & other defence stocks rally up to 6% on DAC's Rs 52,000-crore approval. Motilal picks 3 shares to buy
Defence stocks rallied sharply on Monday after the Defence Acquisition Council approved procurement proposals worth around Rs 52,000 crore. Zen Technologies, ideaForge, HAL, BEL, Paras Defence and Data Patterns gained, while Motilal Oswal reiterated its 'Buy' ratings on HAL, Bharat Electronics and Astra Microwave.
Poly Medicure among 4 stocks that closed below VWAP
Four Nifty500 stocks, Poly Medicure, Aditya Birla Real Estate, Siemens Energy India, and Onesource Specialty Pharma, closed over 2% below their VWAP on July 3, indicating potential bearish momentum and heightened selling pressure, according to technical scan data.
Dixon Tech share price target raised; Investec now sees 30% upside
Investec sees further upside from a potential recovery in mobile exports, particularly if the proposed PLI 2 scheme is implemented, along with Dixon Technologies' planned entry into the speciality EMS segment through acquisitions.
TCS, Infosys, Tech Mahindra And More Stocks In Focus As Systematix Reinitiates Coverage Ahead Of Q1 Results
With a 31% correction in the Nifty IT index over the past year, valuation multiples have compressed to historically low levels, adds Systematix.
Tech Mahindra Share Price Live Updates: Tech Mahindra's Volume Performance
HCL Tech Share Price Live Updates: HCL Tech's Trading Activity
Nifty outlook: Buy the dips, says Angel One; likes IndusInd Bk, Zydus Life
Hitesh Rathi of Angel One recommends adopting a buy on dips approach for the Nifty, with prior resistance zone of 24,180-24,100 now likely to act as an immediate support cluster.
Asian stocks today: Kospi, Nikkei rise up to 3% amid tech rally, falling crude oil prices
Asian stocks today: South Korea’s Kospi climbed 2.9%, while Japan’s Nikkei 225 edged up 0.2%.
Asian shares gain as tech rebound holds, oil prices slip
South Korea's Kospi index was up 2.9% while Japan's Nikkei 225 was up 0.2%. MSCI's Asia Pacific Index was increasing 0.3% with over two shares rising for every one which declined.
Lenders temper Vi business plan, seek group's guarantor for massive loan
Lenders are prevailing upon the company to scale back its financial projections, while also demanding a corporate guarantee from another Aditya Birla Group firm, according to two people aware of the development.
Indian equities emerge as AI-hedge haven as global tech rally wobbles - investingLive
Indian equities emerge as AI-hedge haven as global tech rally wobblesinvestingLive
India emerging as contrarian bet as TSMC, Samsung, SK Hynix drive 72% of EM rally: DSP Mutual Fund - Moneycontrol.com
India emerging as contrarian bet as TSMC, Samsung, SK Hynix drive 72% of EM rally: DSP Mutual FundMoneycontrol.com