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Jul 6 7 tweets 4 min read
#CNBCTV18Market | MS gives overweight rating on Bajaj Finance, says healthy core AUM growth, highest customer acquisition ever
#CNBCTV18Market | Bernstein gives outperform rating on Bajaj Finance, says company delivered a healthy performance driven by strong balancesheet growth
#CNBCTV18Market | CLSA gives sell rating on Bajaj Finance, says AUM growth will sustainably slow down given its large customer base
#CNBCTV18Market | CLSA gives underperform rating on Marico, sees company's India revenue declining in low single digits
#CNBCTV18Market | CS gives outperform rating on Apollo Hospitals, says market share of app downloads has increased to 25% in June 2022 vs sub-20% in Q4
#CNBCTV18Market | CS gives outperform rating on Coal India, sees company maintaining its healthy dividend yield
#CNBCTV18Market | Cost headwinds, risk of high competition drive underperformance. Profitability growth has to be driven by cost softening rather than price increases, says CLSA on Cement

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More from @CNBCTV18Live

Jul 7
#CNBCTV18Market | CLSA see Godrej Cons likely to report 8% topline growth with 10% growth in India & 6% in Intl business Image
#CNBCTV18Market | Citi gives buy rating on Titan, says there is likely improvement in demand & market share gain story is far from over Image
#CNBCTV18Market | Citi gives overweight rating on Titan, says Q1 trends strong with broad-based YoY growth across segments Image
Read 6 tweets
Jul 6
#MarketAtClose | Market closes at a 1-month high, led by consumption stocks

40 of 50 Nifty stocks close in the green with 20 stocks rising over 2%

Sensex rises 617 points to 53,751 & Nifty 179 points to 15,990 Image
#MarketAtClose | Nifty Bank gains 508 points to 34,324 & Midcap index 506 points to 27,204
#MarketAtClose | Sharp fall in Palm Oil prices lifts HUL, Britannia & Godrej Consumer

Dabur rises 2% after reporting an improved quarterly update, Marico gains too

Metals recover from lows to close at day’s high, Nifty Metal 2% off lows Image
Read 6 tweets
Jul 6
DGCA issues show-cause notice to SpiceJet w.r.t degradation of safety margins

@awnusharma
.@DGCAIndia says, poor internal safety oversight & inadequate maintenance action by @flyspicejet has led to degradation of safety margins
Passenger safety is paramount. Even the smallest error hindering safety will be thoroughly investigated & course-corrected, says Aviation Minister, Jyotiraditya Scindia (@JM_Scindia)

Read 4 tweets
Jul 5
#MarketAtClose | Market gives up 1st half gains as global currencies fall against US Dollar

Frontline indices slip over 1% from highs to close with minor cuts

Sensex slips 732 points from intra-day high to close 100 points lower at 53,134 Image
#MarketAtClose | Nifty fails to hold 16,000, falls 215 points from highs to end 25 points lower at 15,811

Nifty Bank slips 545 points from day’s high & Midcap index is 311 points off highs

Nifty Bank closes 125 points lower at 33,816 & Midcap index 71 points lower at 26,698
#MarketAtClose | IT stocks weak ahead of Q1 earnings, Nifty IT is top losing index

Infosys, TCS, L&T, HDFC drag nifty while Reliance & HUL support

ONGC snaps losing streak, trades with a minor gain of 1% Image
Read 7 tweets
Jul 5
#CNBCTV18Market | 'Remain cautious, further cuts in consensus earnings likely if coal prices stay high. Multiple expansion for large caps looks difficult,' says JPMorgan on Cement Image
#CNBCTV18Market | RBI’s approval is a big step towards completion of the merger process, says CLSA on HDFC-HDFC Bank merger Image
#CNBCTV18Market | Jefferies gives buy rating on Dr Reddy's, says medium-term double-digit revenue growth achievable with 25% EBITDA/25% RoCE Image
Read 5 tweets
Jul 4
#MarketAtClose | Market snaps 3-day losing streak as financials & FMCGs Gain

Sensex rises 327 points to 53,235 & Nifty 83 points to 15,835

Nifty Bank gains 401 points to 33,941 & Midcap index 182 points to 26,770 Image
#MarketAtClose | FMCG stocks surge with palm oil prices falling 10%, Nifty FMCG up 3%

ITC continues the upmove with stock rising to 3-year highs

3 of top 5 Nifty gainers are FMCG Stocks (HUL, Britannia & ITC) Image
#MarketAtClose | IDFC First Bank is top midcap gainer after business update, stock up 6%

Siemens closes at day’s high with a gain of 5% on positive brokerage note

City Gas Companies rise as brokerages see ONGC’s expected 50% price rise in Oct ‘at risk’
Read 6 tweets

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