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Stock Market Highlights on July 8: The broader indices, though, hit all-time highs in the intraday trade, ended with a negative bias as well

BSE, NSE, Indian share market, Stock market

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		<strong>Closing Bell on Monday, July 8, 2024</strong>: Benchmarks Sensex, and Nifty50 indices stayed in the negative zone on Monday even as broader Mid, and SmallCap indices hit fresh record highs.</div>
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		The <a href="https://www.business-standard.com/markets" target="_blank"><strong>BSE Sensex</strong></a> index fell 265 points in morning deals, but&nbsp; recouped losses to end at 79,960, down 36 points or 0.05 per cent. On the NSE, the Nifty50 fell below the 24,250-mark but managed to close at 24,321, down 3 points or 0.01 per cent.</div>
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		The recovery from day&#39;s low was supported by ITC, Hindustan Unilever (HUL), Nestle India, HCL Tech, Reliance Industries (RIL), Tata Motors, Infosys, and IndusInd Bank.&nbsp;</div>
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		On the downside, Titan Company, HDFC Bank, TCS, Tata Steel, Adani Ports, Sun Pharma, and Asian Paints exerted pressure.&nbsp;</div>
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		The broader indices, though, hit all-time highs in the intraday trade, ended with a negative bias as well. The BSE MidCap, and SmallCap indices closed 0.14 per cent and 0.22 per cent lower, respectively.</div>
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		Among sectors, all but the Nifty FMCG index slipped intrade. The Nifty Metal, PSU Bank, and Consumer Durable indices fell over 1 per cent each, while the Nifty FMCG added 1.6 per cent.</div>
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Stock Market Highlights, July 8: Indices end flat after listless day; PSBs fall, FMCGs buck trend

Business Standard

Stock Market Highlights, July 8: Indices end flat after listless day; PSBs fall, FMCGs buck trend | News on Markets - Business Standard

Market outlook July 08: GIFT Nifty hints at quiet start; Asian shares tepid

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	Pre-market update Monday, July 08, 2024:Benchmark equity indices in India are likely to start today&rsquo;s trading session on a hazy note, amid tepid cues from the GIFT Nifty and Asian peers.&nbsp;</div>
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	<br />
	At 07:00 AM, GIFT Nifty futures quoted around 24,383 levels, indicating a likely flat to marginally negative start on the Nifty 50 index. <a href="https://www.business-standard.com/markets/news/market-outlook-july-08-gift-nifty-hints-at-quiet-start-asian-shares-tepid-124070800060_1.html" target="_blank"><strong>Read more</strong></a><br />
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Good morning readers! Catch all the market live updates here

Sectoral trends :: FMCG index shines on a dull day

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Sensex Heatmap :: FMCG shares help index trim losses

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Closing Bell :: Sensex ends off lows amid listless session

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ONGC nears record high, up 5% on strong growth prospects; OIL at new peak

Brokerage firm JM Financial Institutional Securities reiterated its &#39;BUY&#39; rating on ONGC (revised target price (TP) of Rs 325) and Oil India (revised TP of Rs 555) given strong 4-6 per cent dividend potential and also because CMP is discounting only ~$65/bbl net crude realisation. The brokerage firm said its TP is based on $75/bbl net crude realisation. <a href="https://www.business-standard.com/markets/news/ongc-nears-record-high-up-5-on-strong-growth-prospects-oil-at-new-peak-124070800521_1.html?1720431937" target="_blank"><strong>READ MORE</strong></a><br />
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Shalby Ltd's net profit falls 20% in June quarter of FY25; stock slips 7%

Shalby Ltd has a total market capitalisation of Rs 3,233 crore. The company&rsquo;s stock price has stayed the same year to date, down marginally by 0.60 per cent, while in the last one year it has shot up by 68.32 per cent.&nbsp;<a href="https://www.business-standard.com/markets/news/shalby-ltd-s-net-profit-falls-18-in-june-quarter-of-fy25-stock-slips-7-124070800511_1.html?1720431033" target="_blank"><strong>READ MORE</strong></a><br />
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Economic vision and not stimulus in Modi 3.0 budget: Goldman Sachs

The government, Goldman Sachs believes, is likely to stick to the announced fiscal deficit target of 5.1 per cent of gross domestic product (GDP) for FY25. <a href="https://www.business-standard.com/markets/news/economic-vision-and-not-stimulus-in-modi-3-0-budget-goldman-sachs-124070800279_1.html?1720422135" target="_blank"><strong>READ MORE</strong></a><br />
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	<img align="" alt="Sitharaman, Union Budget, Nirmala sitharaman" class="imgCont" src="https://bsmedia.business-standard.com/_media/bs/img/article/2024-02/01/full/1706765924-8914.jpg" style="border: 1px solid rgb(221, 221, 221); margin-right: 10px; padding: 1px; float: left; z-index: 0; width: 600px; height: 450px;" title="Sitharaman, Union Budget, Nirmala sitharaman" /></div>

Thermax stock hits new high, up 4% on securing order worth of Rs 513 crore

Thermax, in an exchange filing, said Thermax Babcock &amp; Wilcox Energy Solutions Limited, a wholly-owned subsidiary of the company, has concluded an order of Rs 513 crore for supply of 2X 550 TPH boiler. <a href="https://www.business-standard.com/markets/news/thermax-stock-hits-new-high-up-4-on-securing-order-worth-of-rs-513-crore-124070800452_1.html?1720429156" target="_blank"><strong>READ MORE</strong></a><br />
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	<img align="" alt="Thermax opens new unit at SriCity; to manufacture chillers, heat pumps" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2019-01/31/full/1548914354-0616.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="Thermax logo" width="620" /></div>
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Bank of Baroda shares fall 4% on weak loan, deposit growth in Q1FY25

The fall in the share price of the PSB came after the lender reported a weak loan growth in the April-June quarter (Q1) of FY25 on a sequential basis. <a href="https://www.business-standard.com/markets/news/bank-of-baroda-shares-fall-4-on-weak-loan-deposit-growth-in-q1fy25-124070800440_1.html?1720428143" target="_blank"><strong>READ MORE</strong></a><br />
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	<img align="" alt="Bank of Baroda" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2019-11/09/full/1573248456-3381.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="Bank of Baroda" width="620" /></div>
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Magellanic Cloud's shares rise 10% as drone spraying system gets DGCA nod

Shares of Magellanic Cloud rose up to 9.90 per cent, hitting its 52-week high at Rs 688 per share on the BSE in Monday&rsquo;s intraday deals. This came after the company on Saturday announced that its subsidiary, Scandron Private Limited, has received &lsquo;Type Certification&rsquo; for unmanned aircraft system (UAS) model &quot;SNDAG010QX8&quot; from the Directorate General of Civil Aviation (DGCA).&nbsp; <a href="https://www.business-standard.com/markets/news/magellanic-cloud-s-shares-rise-10-as-drone-spraying-system-gets-dgca-nod-124070800406_1.html?1720426816" target="_blank"><strong>READ MORE</strong></a><br />
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	<img align="" alt="A broker laughs while speaking to a colleague, as they trade on their computer terminals at a stock brokerage firm in Mumbai" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2016-03/02/full/1456909638-8434.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="A broker laughs while speaking to a colleague, as they trade on their computer terminals at a stock brokerage firm in Mumbai" width="620" /></div>

Patel Engineering crashes 12% after CMD Rupen Patel dies, pares YTD gains

The Board of Patel Engineering has approved the appointment of Janky Patel as the &#39;Chairperson&#39; of the company effective from July 6, 2024. <a href="https://www.business-standard.com/markets/news/patel-engineering-crashes-12-after-cmd-rupen-patel-dies-pares-ytd-gains-124070800374_1.html?1720424264" target="_blank"><strong>READ MORE</strong></a><br />
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	<img align="" alt="Stock broker, broker, trader, marker, markets, stock markets, stock, market crash, market fall, loss" class="imgCont" height="NaN" src="https://bsmedia.business-standard.com/_media/bs/img/misc/2020-12/23/full/stock-broker-broker-trader-marker-markets-stock-markets-stock-market-crash-market-fall-loss-1608697309-18942620.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="Stock broker, broker, trader, marker, markets, stock markets, stock, market crash, market fall, loss" width="NaN" /></div>
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Paytm stock up 15% in two days on BSE amid heavy volume; what's happening?

In past one month, Paytm has outperformed the market by zooming 25 per cent, as compared to 4.5 per cent rise in the BSE Sensex. <a href="https://www.business-standard.com/markets/news/paytm-stock-up-15-in-two-days-on-bse-amid-heavy-volume-what-s-happening-124070800381_1.html?1720425324" target="_blank"><strong>READ MORE</strong></a><br />
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	<img align="" alt="Paytm" class="imgCont" src="https://bsmedia.business-standard.com/_media/bs/img/article/2024-05/29/full/1716956155-3016.JPG" style="border: 1px solid rgb(221, 221, 221); margin-right: 10px; padding: 1px; float: left; z-index: 0; width: 600px; height: 400px;" title="Paytm" /></div>

Ajmera Realty's shares in news as sales rise 36% YoY to Rs 306 cr in Q1

Ajmera Realty and Infrastructure, a luxury and mid-luxury residential developer reported strong growth in sales value in its business estimates for quarter one of fiscal year 2024-25 (Q1FY25). <a href="https://www.business-standard.com/markets/news/ajmera-realty-s-shares-in-news-as-sales-rise-36-yoy-to-rs-306-cr-in-q1-124070800357_1.html?1720423867" target="_blank"><strong>READ MORE</strong></a><br />
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	<img align="" alt="affordable housing" class="imgCont" src="https://bsmedia.business-standard.com/_media/bs/img/article/2024-01/28/full/1706461613-1181.jpg" style="border: 1px solid rgb(221, 221, 221); margin-right: 10px; padding: 1px; float: left; z-index: 0; width: 600px; height: 401px;" title="affordable housing" /></div>
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Dabur India gains 4% in subdued market post June quarter business update

Shares of Dabur India were up 4 per cent at Rs 633.05 on the BSE in Monday&rsquo;s intra-day trade on heavy volumes in an otherwise subdued market as the management said demand trends improved quarter-on-quarter (QoQ) and rural growth picked up. <a href="https://www.business-standard.com/markets/news/dabur-india-gains-4-in-subdued-market-post-june-quarter-business-update-124070800273_1.html?1720422135" target="_blank"><strong>READ MORE</strong></a><br />
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	<img align="" alt="Dabur" class="imgCont" src="https://bsmedia.business-standard.com/_media/bs/img/article/2023-04/06/full/1680776485-8017.png" style="border: 1px solid rgb(221, 221, 221); margin-right: 10px; padding: 1px; float: left; z-index: 0; width: 600px; height: 450px;" title="Dabur" /></div>
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ALERT:: Thomas Cook sees higher demand for monsoon travel; stock down 2%

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	Thomas Cook (India) in an exchange filing today said the company alongwith SOTC Travel witnessed a 25 per cent year-on-year growth in demand for monsoon travel.<br />
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		<img align="left" alt="chart" class="imgCont" height="398" src="https://bsmedia.business-standard.com/_media/bs/img/article/2024-07/08/full/1720423366-3595.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="chart" width="600" /></div>
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Rail stocks rally: RVNL, IRFC, TexRail surge up to 15% on July 08; check why

The GoI is focusing on improving the railway infra and ensures faster development and completion of tracks, rail electrification, rolling stock manufacturing and delivery of passenger freight services. <a href="https://www.business-standard.com/markets/news/rail-stocks-rally-rvnl-irfc-texrail-surge-up-to-15-on-july-08-check-why-124070800207_1.html?1720422135" target="_blank"><strong>READ MORE</strong></a><br />
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	<img align="" alt="A view of the new Vande Bharat Sadharan Express train as it arrives before it undergoes trials, in Mumbai on Monday.   (Photo: ANI)" class="imgCont" src="https://bsmedia.business-standard.com/_media/bs/img/misc/2024-03/12/full/20231030271L.jpg" style="border: 1px solid rgb(221, 221, 221); margin-right: 10px; padding: 1px; float: left; z-index: 0; width: 600px; height: 334px;" title="A view of the new Vande Bharat Sadharan Express train as it arrives before it undergoes trials, in Mumbai on Monday.  (Photo: ANI)" /></div>

AU Small Finance Bank's shares slump 4% on muted growth in Q1 biz update

AU Small Finance Bank&rsquo;s stock dipped up to 4.25 per cent at Rs 250.55 per share on the BSE in Monday&rsquo;s intraday trade. This came after the bank reported its business estimates for the first quarter of the fiscal year 2024-25 (Q1FY25).&nbsp; <a href="https://www.business-standard.com/markets/news/au-small-finance-bank-s-shares-slump-by-4-on-muted-growth-in-q1-biz-update-124070800286_1.html?1720420417" target="_blank"><strong>READ MORE</strong></a><br />
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	<img align="" alt="AU Small Finance Bank" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2021-03/26/full/1616770207-8842.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="AU Small Finance Bank" width="620" /></div>

85% of mid, smallcaps appear bullish on the charts. Will the trend sustain?

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	The Nifty MidCap 150 index has rallied 43.7 per cent in the year 2023, and has galloped 171.8 per cent since the start of 2021. The index hit a life-time high at 21,369 on July 05, 2024. Similarly, the Nifty SmallCap 250 index has surged 26.1 per cent so far in 2024. The index was up 48.1 per cent in 2023, and has zoomed 191.5 per cent since 2021. The Nifty SmallCap 250 index registered a new summit at 17,749 last Friday. <a href="https://www.business-standard.com/markets/news/85-of-mid-smallcaps-appear-bullish-on-the-charts-will-the-trend-sustain-124070800181_1.html" target="_blank"><strong>READ MORE</strong></a><br />
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		<img align="" alt="" class="imgCont" src="https://bsmedia.business-standard.com/_media/bs/img/article/2024-05/15/full/1715738771-5395.jpg" style="border: 1px solid rgb(221, 221, 221); margin-right: 10px; padding: 1px; float: left; z-index: 0; width: 600px; height: 400px;" title="" /></div>
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Adani Wilmar's shares rise on steady volume, exports growth in Q1 estimates

&ldquo;The company is actively pursuing substantial opportunities by executing strong sales and distribution strategies in general trade. Moreover, our alternate channels (e-com, Quick Commerce, MT) maintained their momentum with a 19 per cent Y-o-Y volume growth in Q1. The volume of our branded exports increased by 36 per cent Y-o-Y in Q1,&rdquo; the company said in its Q1 business update.&nbsp; <a href="https://www.business-standard.com/markets/news/adani-wilmar-s-shares-rise-on-steady-volume-exports-growth-in-q1-update-124070800197_1.html" target="_blank"><strong>READ MORE</strong></a><br />
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	<img align="" alt="" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-01/28/full/1643379014-5474.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="" width="620" /></div>
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Marico's stock surges over 6% on decent Q1 update, bullish outlook

Further, Marico expects gross margin to expand on a year-on-year basis owing to a favourable portfolio mix. s. Operating profit is expected to grow slightly ahead of revenue leading to a marginal inching up of operating margin on a year-on-year basis. <a href="https://www.business-standard.com/markets/news/marico-s-stock-surges-over-6-on-decent-q1-update-bullish-outlook-124070800166_1.html" target="_blank"><strong>READ MORE</strong></a><br />
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Titan stock dips 4% on disappointing jewellery biz growth in June quarter

Meanwhile, Titan in its FY24 annual report said, the sudden spikes in gold rates could see temporary softening of customer demand. There is a likelihood of gold prices remaining elevated through the year, given the geopolitical uncertainties and elections across several countries and a weak global economic outlook. <a href="https://www.business-standard.com/markets/news/titan-dips-4-on-disappointing-jewellery-business-growth-in-june-quarter-124070800146_1.html?1720413263" target="_blank"><strong>READ MORE</strong></a><br />
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	<img align="" alt="" class="imgCont" src="https://bsmedia.business-standard.com/_media/bs/img/article/2023-11/21/full/1700587666-4362.jpg" style="border: 1px solid rgb(221, 221, 221); margin-right: 10px; padding: 1px; float: left; z-index: 0; width: 600px; height: 338px;" title="" /></div>
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Broader markets :: Mid, SmallCap indices hit record highs

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Sectoral trends :: Banks, financial service companies slip in trade

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Sensex Heatmap :: Titan, Pvt banks weigh on index

https://bsmedia.business-standard.com/_media/bs/img/live-blog/full/17204105853847.png

https://bsmedia.business-standard.com/_media/bs/img/live-blog/full/17204105085085.png

Opening Bell :: Sensex slips nearly 200 pts in early deals, trades volatile

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Pre-Open Session :: Sensex eyes weak start

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Rerating of paint stocks on still some time away, say analysts

<div>
	Top Paint stocks to buy, paint stocks outlook: The performance of paint stocks has not been colourful at the bourses thus far in calendar year 2024 (CY24). ACE Equity data shows that Kansai Nerolac share price has tumbled 19.76 per cent year to date (YTD) in CY24, followed by Berger Paints share price (14.97 per cent), and Asian Paints share price (13.57 per cent).</div>
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	By comparison, the Nifty50 has surged 11.92 per cent YTD, while the broader Nifty500 has soared 18.26 per cent. <a href="https://www.business-standard.com/markets/news/rerating-of-paint-stocks-on-still-some-time-away-say-analysts-124070800074_1.html" target="_blank"><strong>Read more</strong></a><br />
	<br />
	<div style="float: left; max-width: 600px;">
		<img align="" alt="Increasing disposable incomes, surge in sales of high-end products and rapid urbanisation, among other things, are driving demand for luxury and premium paints. Source: Adobe Stock" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-05/27/full/1653639008-5385.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="Paints" width="620" /></div>
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Gold price slips Rs 10 to Rs 73,790, silver declines Rs 100 to Rs 94,700

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	The price of 24-carat gold slipped Rs 10 in early trade on Monday, July 8, with ten grams of the precious metal selling at Rs 73,790, according to the GoodReturns website.<br />
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	The price of silver also declined by Rs 100, with one kilogram of the precious metal selling at Rs 94,700. The price of 22-carat gold also slipped Rs 10, with the yellow metal trading at Rs 67,640. <a href="https://www.business-standard.com/markets/commodities/gold-price-slips-rs-10-to-rs-73-790-silver-declines-rs-100-to-rs-94-700-124070800061_1.html" target="_blank"><strong>Read more</strong></a><br />
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Low price-to-earnings stocks: The secret sauce in Nifty's earnings recipe

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	Given the strong market momentum, the benchmark National Stock Exchange Nifty has reached record highs more than a dozen times in the past month.</div>
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	<br />
	Even though the price-to-earnings (P/E) multiple of the 50-share blue-chip index, at 22 times its estimated earnings for 2024-25, is still considered &lsquo;reasonable&rsquo; compared to historical levels, it makes more sense to analyse the valuations of individual companies, given the wide dispersion in P/E ratios.<a href="https://www.business-standard.com/markets/news/low-price-to-earnings-stocks-the-secret-sauce-in-nifty-s-earnings-recipe-124070700336_1.html" target="_blank"><strong> Read more</strong></a><br />
	<div style="float: left; max-width: 600px;">
		<img align="" alt="market decline nse bse stock market" class="imgCont" height="400" src="https://bsmedia.business-standard.com/_media/bs/img/article/2024-03/29/full/1711735845-6716.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="market decline nse bse stock market" width="600" /></div>
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Osho Krishan of Angel One recommends buying these two stocks todays

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	NSE Scrip &ndash; NIACL</div>
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	&nbsp;</div>
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	View -&nbsp; &nbsp;Bullish</div>
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	&nbsp;</div>
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	Last Close &ndash; Rs 273.85</div>
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	NIACL has seen a volume-backed breakout after the substantial consolidation seen in the last couple of trading months. The counter has gained strong traction in the last couple of trading sessions from the cluster of its major EMAs on the daily chart, construing a positive development. <a href="https://www.business-standard.com/markets/news/osho-krishan-of-angel-one-recommends-buying-these-two-stocks-today-124070800051_1.html" target="_blank"><strong>Read more</strong></a></div>

Buy ideas for July 8: HDFC Life, Cipla, SJVN; check target prices here

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	HDFCLIFE:</div>
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	HDFCLIFE recently gave a clean breakout on the weekly chart, signalling a potential bullish trend. Prior to this breakout, the stock had been consolidating for 2 weeks, precisely around the 200 Exponential Moving Average (EMA) on the weekly scale. This consolidation phase built a solid foundation for the subsequent breakout. <a href="https://www.business-standard.com/markets/news/buy-sell-top-three-picks-by-jigar-s-patel-of-anand-rathi-for-july-8-124070800047_1.html" target="_blank"><strong>Read more</strong></a><br />
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Downturn in sight for Nifty50, MidCap Select indices; here's how to trade

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	<strong>Nifty 50 Index Analysis:</strong></div>
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	When examining the Nifty 50 Index, currently trading in the overbought zone, technical indicators such as MACD, RSI, and Stochastic suggest it is challenging to recommend initiating fresh long positions at the current market price. The recent sharp rally has led to expectations of a pullback, indicating potential underperformance in the near term. <a href="https://www.business-standard.com/markets/news/downturn-in-sight-for-nifty50-midcap-select-indices-here-s-how-to-trade-124070800046_1.html" target="_blank"><strong>Read more</strong></a><br />
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Stocks to watch on July 8: NLC India, IndusInd Bank, BoB, JM Fin, Marico

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	<strong>Induslnd Bank:</strong> Induslnd Bank&#39;s Q1FY25 estimates highlighted significant Y-o-Y growth. Net advances increased by 16 per cent Y-o-Y to Rs 3.48 trillion, while deposits grew by 15 per cent Y-o-Y to Rs 3.98 tillion. However, the CASA ratio dropped to 36.7 per cent Y-o-Y from 39.9 per cent Y-o-Y.</div>
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	<strong>Bank of Baroda:&nbsp;</strong>Bank of Baroda&#39;s global business expanded by 8.52 per cent Y-o-Y to Rs 23.77 trillion in Q1, with global advances rising by 8.14 per cent Y-o-Y to Rs 10.72 trillion. Global deposits increased by 8.83 per cent Y-o-Y to Rs 13.06 trillion, while domestic deposits grew by 5.25 per cent Y-o-Y to Rs 11.05 trillion. Domestic advances also saw healthy growth of 8.51 per cent Y-o-Y, amounting to Rs 8.81 trillion. The bank&rsquo;s board has also approved plans to raise additional capital up to Rs 7,500 crore via debt capital instruments. Additionally, the bank aims to raise up to Rs 10,000 crore through long-term bonds to finance infrastructure and affordable housing projects.<br />
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	<strong>Bandhan Bank: </strong>Bandhan Bank&#39;s board has appointed Ratan Kumar Kesh as Interim MD &amp; CEO, effective July 10, for a term of three months or until a new MD &amp; CEO is appointed, whichever is earlier. Currently, Kesh serves as the Executive Director &amp; Chief Operating Officer of the bank.<br />
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	<strong>JM Financial:</strong>JM Financial&#39;s board has approved the acquisition of a 42.99 per cent stake in JM Financial Credit Solutions (JMFCSL) for Rs 1,282 crore. Additionally, JM Financial Credit Solutions will acquire a 71.79 per cent stake in JM Financial Asset Reconstruction Company (JMFARC) from JM Financial for Rs 856 crore.&nbsp;</div>
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	<strong>Infosys:</strong> Hemant Lamba has resigned from his position as Executive Vice President and Global Head &ndash; Strategic Sales at Infosys. <a href="https://www.business-standard.com/markets/news/stocks-to-watch-on-july-8-nlc-india-indusind-bank-bob-jm-fin-marico-124070800065_1.html"><strong>Read more</strong></a></div>

Stock Market Highlights, July 8: Indices end flat after listless day; PSBs fall, FMCGs buck trend

Stock Market Highlights on July 8: The broader indices, though, hit all-time highs in the intraday trade, ended with a negative bias as well

Market outlook July 08: GIFT Nifty hints at quiet start; Asian shares tepid

US market settled higher on Friday

Asian markets in red on Monday

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