The Nifty 50 witnessed directionless movement during the monthly F&O expiry session before ending 0.04 percent lower on July 28. The candlestick formation indicated choppy trading near the crucial resistance zone of 24,000-24,050 for another session, while the higher high-higher low formation remained intact for the second straight session, with the index defending the 50-day EMA. Meanwhile, VIX f...

Equity benchmarks ended a range-bound session flat with a negative bias on July 28. Market breadth was negative, with about 2,048 shares declining against 938 advancing shares on the NSE. The market is expected to gain strength after a day of consolidation, as key support levels remain intact. Below are some short-term trading ideas to consider:Amol Athawale, VP Technical Research at Kotak Securit...

Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, order wins, and appointments, here’s a quick look at which stocks will be in focus in today's trade:Results TodayAsian Paints, Eicher Motors, Adani Enterprises, Adani Ports and Special Economic Zone, Colgate Palmolive (India), ACME Solar Holdings, Aequs, Bajaj Housing Finance...

Nomura has reiterated its Buy rating on Lodha Developers and raised its sum-of-the-parts (SOTP)-based target price to Rs 1,280 from its earlier estimate, citing additional value from the company's planned data centre land monetisation.The brokerage said it has factored in the incremental value arising from the sale of around 140 acres of land earmarked for data centres. "We moderately raise our TP...

Nomura has maintained its Buy rating on Jindal Steel but trimmed its target price to Rs 1,300 from Rs 1,350 after the steelmaker reported stronger-than-expected earnings for the June quarter.The brokerage said, "Jindal Steel reported consolidated EBITDA of Rs 26.6 billion, beating our forecast and the Bloomberg consensus estimate by 13% and 7%, respectively." It attributed the earnings beat to str...