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NSE share market NEWS tomorrow (02 July, 2024). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (02 July, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 02 July 2024

Solar Industries was amongst the top gainers, currently trading at 11019.10 in NSE with 6.217 times change in volumes and 9.115% change in price. Other gainers included Ireda 8 with 4.712% price change and 1.933 times volumes, Godrej Properties with 4.411% price change and 1.857 times volumes, National Buildings with 3.627% price change and 2.284 times volumes, and Kfin Technologies with 3.52% price change and 1.49 times volumes. These stocks are expected to continue this move in coming days also. You can take a position in these stocks tomorrow and hold the position for a few days with today's opening as stoploss.

Oil India was amongst the top losers, currently trading at 485.35 in NSE with 3.599 times change in volumes and -32.01% change in price. Other losers included Angel One with -8.739% price change and 9.78 times volumes, Max Healthcare with -4.467% price change and 4.256 times volumes, Idea Cellular with -3.405% price change and 0.942 times volumes, and Shriram Finance with -3.397% price change and 1.894 times volumes. These stocks are expected to continue this move in coming days also. You can take a position in these stocks tomorrow and hold the position for a few days with today's opening as stoploss.

Other stocks which made news headlines today and can be traded tomorrow are below.

TCS announces title partnership of Sydney Marathon, Australia's largest. Indian IT company sponsors 14 global running events that are attended by 600,000 runners

Godrej's Bengaluru launch sells over 2,000 homes, nets Rs 3,150 crore. This achievement is the second instance in the past three months where Godrej Properties has reached sales of Rs 3,000 crore

Child labourers at India's Som liquor unit worked 11 hrs a day: Govt. In the Som inspection report, the state government said the children working there were not given training on how they could protect themselves from harmful chemicals

Adani Ports given extension for dredging activities in Kerala harbour. Kerala Port Minister V N Vasavan on Tuesday said Adani Ports has been given an extension to complete the dredging activities in the navigation channel of nearby Muthalappozhi harbour, which has been witnessing frequent boat accidents and deaths for some ye

Airtel, Jio, Vodafone Idea push for long-term recharges amid price hike. Leading telecom operators are targeting users with 365-day plans priced between Rs 2,545 and Rs 3,099 through aggressive in-app promotions

Adani Ports sees 12% growth in June 2024, clocks 37 MMT cargo volume. Adani Ports and Special Economic Zone Ltd (APSEZ) handled its highest-ever monthly cargo volume of 420 MMT in April 2024

Karnataka Labour Minister presses Byju's to resolve former employees' dues. Labour Minister Santosh Lad revealed that approximately 160 to 200 employees had approached the Labour Department, with total outstanding dues amounting to around Rs 4.5 crore

Amazon India announces annual Prime Day sales event on July 20-21. New products by more than 450 brands will be launched, says e-commerce company

HCLTech, IBM join hands for GenAI centre to provide tailored AI solutions. IT services company HCL Technologies and tech giant IBM on Tuesday announced a new collaboration to establish a Generative AI Centre of Excellence. Alongwith IBM, HCLTech aims to train 10,000 of its engineers and architects in IBM's AI technologies, specif

SpiceJet faces contempt notice if engines not returned to lessor by July 8. The Delhi High Court has warned SpiceJet of contempt if it fails to return three engines to TWC Aviation by July 8, noting the airline's significant debt

ArcelorMittal decides against shutting its South African steel plant. It expects to report a headline half-year loss per share between 0.96 rand and 1.04 rand, compared with a headline loss of 0.40 rand per share in the same period last year

Hexaware Technologies to hire 8,000 employees across job roles this year. The hiring will build up Hexaware's talent base across offshore, onshore, and near-shore centres in India, the US, Canada, Mexico, Poland, and the UK

Allcargo Gati raises Rs 169.28 cr by issuing equity shares via QIP. The fresh capital secured after fund-raise committee of company's board has approved the issue and allotment to successful qualified institutional buyers at the issue price of Rs 101 per equity share

Adi-Nadir family to buy 12.65% stake in Godrej Ind from RKN Enterprises. RKN Enterprises is owned by Rishad Naroaji, a cousin of Adi Godrej, and his 12.65 per cent stake is worth Rs 3,858 crore as of Tuesday

Raselle Capital VCC settles FPI violation case with Sebi, pays Rs 1.23 cr. Foreign portfolio investor Raselle Capital VCC has settled a case related to the alleged violation of FPI rules with capital markets regulator Sebi after paying Rs 1.23 crore as settlement charges. The order came after Raselle Capital proposed to settle th

Zomato withdraws NBFC application, says no plans to pursue lending. It comes at a time when the company was reportedly in talks with multiple NBFCs to offer working capital loans to its partner restaurants

Tata Hitachi has localisation as top priority, to invest Rs 200cr in FY25. Tata Hitachi Construction Machinery on Tuesday announced that it would invest Rs 200 crore in its two manufacturing plants to stay ahead of the curve in quality, innovation and localisation. The company, a 40:60 joint venture between Tata and Hitachi of Ja

Hindenburg was never a client or investor of the firm, clarifies KMIL. KIOF is one of the recipients of Sebi's show-cause notice in the Adani short-selling matter issued on June 26, 2024

Atmanirbharta has been part of our culture from Day One: Tata Hitachi MD. Set up in 2009, the Kharagpur facility in West Bengal is spread over 250 acres and happens to be one of the largest excavator plants in South East Asia

Byju's second rights issue: Karnataka HC sets aside NCLT interim order. Byju's recently moved the Karnataka High Court challenging the order of the National Company Law Tribunal (NCLT) restraining it from going ahead with the second rights issue

IT services firm HCLTech launches its first global delivery centre in Bihar. Going forward, the centre will house specialised labs and centres of excellence to boost HCLTech's technology innovation and will offer a wide range of services to global clients, said the company

Reliance Industries set to invest bn in 10 years: Morgan Stanley report. India cos announce large investments in renewables, energy transition

Capgemini opens a new facility in Chennai; to invest Rs 1,000 crore. The campus, spanning nearly six lakh square feet, will house the company's diverse teams, including financial services, engineering, digital, cloud, artificial intelligence, among others

IEX overall trade volume rises 19% to 28,178 million units in Apr-Jun. The Indian Energy Exchange (IEX) on Tuesday posted a 19 per cent growth in its overall trade volume to 28,178 million units in the April-June period of FY25. The exchange achieved 23,680 million units (MU) overall trade volume in the year-ago period. "For

Unacademy gives pink slips to 250 employees in another round of layoffs. Unacademy has had multiple rounds of layoffs since 2022. Its workforce is down to below 3,000 as against 6,000 in the early part of 2022, according to sources

Rs 35,000 crore Saudi Aramco order biggest ever, say L&T executives. Firm clarifies it is part of existing order book, not new

BMW India posts highest ever sales at 7,098 units during first half of 2024. BMW Group India on Tuesday said it has reported the highest ever sales in the country in the first half of the year with delivery of 7,098 units to customers. The luxury carmaker saw its sales increase 21 per cent year-on-year from 5,867 units in the Janua

HDFC Bank may see inflows of up to bn as MSCI weightage to rise. Move could lead to doubling of weight in MSCI index; over bn of passive buying, says Nuvama report

Adani Power ups capacity addition targets again, to more than 30 GW. Adani Power's current operating capacity stands at 15.25 GW, which the company in FY24 said it plans to take to 21 GW

Avenue Supermarts Q1 results: Revenue rises 18.4% to Rs 13,712 crore. Avenue Supermarts Ltd, which owns and operates the retail chain D-Mart, has reported an 18.36 per cent increase in standalone revenue from operations to Rs 13,711.87 crore for the June quarter. The company had a revenue from operations of Rs 11,584.44 cror

Hexaware Technologies planning to hire 4,000 employees in India this year. IT company Hexaware Technologies is planning to increase its global workforce by 6,000 to 8,000 this year, of which it will add about 4,000 staffers in India, the company said on Tuesday. The Navi Mumbai-based company has around 30,000 employees. "We plan

A-I Express to defer inquiries against cabin crew; next meeting on Aug 8. Air India Express on Tuesday decided to defer the inquiry process initiated against nearly 200 cabin crew members for reporting sick in May when the airline faced significant operational disruptions, according to sources. The decision was taken at the meet

Want continuity of policy backing EVs for 8-10 yrs: Mercedes-Benz India MD. Mercedes-Benz India wants the government to commit to continuity in policies that support electric mobility for the next eight to ten years, for stable and better planning towards zero emission mobility, its Managing Director and CEO Santosh Iyer said on T

More women on boards, but top management tally lags global average. The study found that women in top management positions increased from nearly 14 per cent to about 22 per cent during the same period

Hindenburg receives show cause notice from Sebi over Adani issue. The short seller alleges 'surreptitious aid' to Adani Group by Sebi

Asset manager BlackRock to buy UK data firm Preqin for .2 bn in cash. BlackRock, which manages more than trillion, is seeking to capitalise on a boom in demand from investors for alternative assets

NHRC issues notice TN govt over gender discrimination in Foxconn hiring. NHRC has taken suo-motu cognizance of media reports that Foxconn, a major manufacturer of Apple devices, has systematically excluded married women from jobs at its iPhone assembly plant in Sriperu

YC-backed AI startup Pivot Robots raises funding from NuVentures. Pivot Robots, founded last year by two Carnegie Mellon University graduates Siddharth Girdhar and Vignesh Rajmohan, uses artificial intelligence to power automation in the manufacturing sector

Audi India reports 6% decline in June quarter retail sales at 1,431 units. Audi India on Monday reported a 6 per cent dip in retail sales at 1,431 units during the April-June quarter this year. The German luxury carmaker had sold 1,524 units in the year-ago period. "While the supply situation in Q2 2024 has improved compared to Q

Maruti Suzuki sales grew by 12% to 179,228 units in Jun, exports rise. Automaker Maruti Suzuki India on Monday reported a 12 per cent increase in total wholesales to 1,79,228 units in June. The company had dispatched 1,59,418 units to its dealers in the same month last year, Maruti Suzuki India (MSI) said in a statement. The

State-run Coal India's production rises by 8% to 189 MT in first quarter. State-owned CIL's coal production rose 8 per cent to 189.3 million tonne (MT) in the first quarter of the ongoing financial year. The company's coal output was 175.5 MT in April-June period of the previous fiscal. "Moving past the target of 189.2 MT, CIL a

Incuspaze takes on lease of 580,000 sq feet office space in Gurugram. Co-working firm Incuspaze on Monday said it has taken on lease around 5.8 lakh square feet in Gurugram to expand business amid rising demand for flexible workspace from corporates. Incuspaze has taken on lease 2.2 lakh square feet in M3M's commercial proje

Reliance Industries can add up to 0 bn to market cap: Morgan Stanley. Reliance Industries Ltd can add up to USD 100 billion to its market capitalisation in its fourth monetisation cycle this century as new cash flow streams emerge and valuation multiples catch up, Morgan Stanley said in a report. The oil-to-telecom conglomer

Kia India sales zoom past 120,000 in 2024 first half; records 6% growth. Kia India on Monday said its total wholesales increased 10 per cent year-on-year to 21,300 units in June. The automaker had dispatched 19,391 units to dealers in June 2023. Kia India also reported 1,26,137 unit sales in the first half of the year, marking

Co-working spaces up investments in ESG for rise in demand, higher rentals. Bengaluru-based Urban Vault reported a 41 per cent increase in rentals for ESG-certified properties during the third and fourth quarters of FY24

Air India to set up flying training organisation in Maharashtra's Amravati. To meet the growing demand in the country's air travel market, Indian carriers have made four significant aircraft orders since last year

M&A deal value slows 9% to billion in the first half of 2024. Deals to pick up in the second half, say bankers

EaseMyTrip inks MoU with UP EcoTourism Development Board to boost tourism. Online travel tech platform EaseMyTrip on Monday said it has signed an agreement with Uttar Pradesh EcoTourism Development Board (UPETDB) to boost state tourism. The objective of the Memorandum of Understanding (MoU) is to foster a strategic partnership ai

TVS Mobility arm acquires automotive components supplier Roberto Nuti. TVS Mobility group on Monday said its subsidiary SI Air Springs has acquired Italy-based automotive components supplier Roberto Nuti Group, which will help it broaden the product range and strengthen its position in the global market. The pact between the

Sebi approves IPO plans of FirstCry, SoftBank-backed Unicommerce eSolutions. While FirstCry had refiled its DRHP, Unicommerce classified more entities as promoters for IPO approval

NIIT announces appointment of Pankaj Jathar as chief executive officer. Jathar has over 25 years of professional experience in consumer-focused businesses, including e-commerce, startups, and D2C ventures

Asset monetisation helped Reliance Industries create value: Morgan Stanley. Morgan Stanley said it has valued RIL's 66.43 per cent stake in digital investments at an implied EV/EBITDA multiple

Patanjali Foods to buy Patanjali Ayurved's non-food biz for Rs 1,100 cr. Baba Ramdev-led Patanjali Ayurved has decided to sell its home and personal care business to listed group firm Patanjali Foods Ltd for Rs 1,100 crore. The acquisition will help edible oil firm Patanjali Foods to become an FMCG company. In a regulator filin

Patanjali Foods to acquire Patanjali Ayurved's non-food biz for Rs 1,100 cr. The company has also entered a licensing agreement with Patanjali Ayurved for a 3 per cent turnover-based fee

Tata Motors reports 8% decline in June domestic wholesales at 74,147 units. Tata Motors on Monday reported an 8 per cent decline in total domestic wholesales to 74,147 units in June. The company's domestic wholesales stood at 80,383 units a year ago. Sales of passenger vehicles, including electric vehicles, in the domestic market,

UK trade union Unite suspends strike action at Tata Steel's Port Talbot. Unite general secretary Sharon Graham termed it as a 'significant' development in the battle to protect jobs and the long-term future of steelmaking in South Wales

Govt panel urges drug regulator to approve Lilly's obesity drug Mounjaro. Lilly should also submit the required manufacturing and controls data, the expert panel added

We rely on demand pull; no excess stock with dealers, says Toyota. Gulati advocated for equalising the absolute tax, in rupee terms, on avg strong hybrid cars with that of avg petrol cars. This change, he argued, would promote hybrid vehicles, which emit less carbon

Narayana Health Insurance launches its first insurance product 'Aditi'. Its first health insurance product Aditi will come at a premium of Rs 10,000 per year

Coal India's production increases by 8% during the first quarter. The Union Ministry of Power has mandated the import of coal for blending at thermal power plants to continue till October 2024

Impact of Digital Competition Bill on India's homegrown startup ecosystem. The Draft Digital Competition Bill is part of a more significant endeavour by the government to address the above competition concerns in the digital and technology ecosystem

White collar hiring activity witnesses 7.62% decline in June: Report. White-collar hiring activity in June witnessed a 7.62 per cent decline as recruitment in most sectors remained flat, a report said on Monday. In June, white-collar hiring activity declined 7.62 per cent with 2,582 job postings compared to 2,795 a year earl

HDFC Bank to migrate its core banking system to a new platform on July 13. Customers will have limited access to bank's services during the 13.5-hour upgrade

Govt committed to create biz friendly environment for industry: Goyal. The Centre is committed to create a business-friendly environment for industry and innovation, Commerce and Industry Minister Piyush Goyal has said. Interacting with industry leaders in Hyderabad on Sunday, the minister said such interactions are key for u

Former SoftBank managing partner Lydia Jett rejoins Flipkart's board. The Flipkart board also comprises HDFC chief executive Keki Mistry and senior Walmart executives

HDFC Capital Advisors acquires 8.5% stake in TruBoard Technologies. HDFC Capital Advisors on Monday said it has acquired an 8.5 per cent stake in Truboard Technologies Pvt Ltd. TruBoard has developed a technology platform called TruGenie for real estate asset management which aims to address the needs of investors, asset o

LIC Chairman Siddhartha Mohanty re-designated managing director & CEO. Arnab Kumar Chowdhury and Charulatha S Kar have taken the charge of executive director (ED) of RBI

NHRC notice to Centre, TN over 'discrimination' by Foxconn in jobs. The NHRC on Monday said it has issued notices to the Union Labour Ministry and the Tamil Nadu government over reports that a major manufacturer of electronic devices has allegedly "systematically excluded" married women from jobs at its assembly plant in S

Tata Steel's worker union calls off strike action at Port Talbot plant. A steelworkers' union planning to begin industrial action over Tata Steel UK future plans for its Port Talbot plant in Wales on Monday called off their strike, saying further investment talks had been assured. Unite the Union had said they would begin thei

Will have our cells in EVs by early 2025: Ola Electric's Bhavish Aggarwal. These cells would be manufactured from its newly set up Ola Gigafactory in Krishnagiri, Tamil Nadu

GAIL's Urja Ganga gas pipeline project completion delayed until March 2025. The construction of the Rs 12,940-crore 'Urja Ganga' gas pipeline, India's most ambitious project taking environment-friendly fuel to eastern parts of the country, has been delayed by nine months and will now be completed by March 2025, state-owned GAIL (I

India to overtake Japan to become 3rd largest global market: Sony MD. Japanese consumer electronics giant Sony expects India to overtake home market and become the company's third largest market globally in the next couple of years with its revenue from the country reaching Rs 10,000 crore. Sony India Managing Director Sunil

Aviation market big enough for Akasa Air to succeed: CEO Vinay Dube. As Akasa Air spreads its wings on domestic and international routes, the less-than-two-year-old airline's chief Vinay Dube has said he does not think about competition in encouraging or discouraging terms, as the aviation market is "big enough for us to su

Sattva Group targets 85% growth in housing sales this fiscal: MD Agarwal. Realty firm Sattva Group is bullish on India's housing market and will launch many projects to achieve 85 per cent growth in sales of residential properties to around Rs 6,500 crore this fiscal, a top company official said. In the 2023-24, Bengaluru-based

AI to be gamechanger for India in citizen services: Salesforce's Arundhati. AI's cross-border nature will require a 'Global Compact' to ensure its benefits reach all of humanity and to safeguard against any potential misuse, Arundhati Bhattacharya, the top boss of Salesforce India has said exuding confidence that for India, Artifi

Ginger Hotels looks to double footprint in East, Northeast in 3-5 years. Tata Group's budget hospitality brand Ginger Hotels is looking to double its presence in East and Northeast India in the next three to five years, according to a senior company official. Ginger Hotels, operated by Roots Corporation Ltd (RCL), a subsidiary

Rule changes can help with pan-India customer onboarding: Deutsche Bank. German lender Deutsche Bank will be focussing on the digital channel over the branch model to grow its business in the country, a top official said. Changes in rules by the RBI mandating geographical location restrictions while onboarding customers will be

Outside Europe, India most important market for Skoda: CEO Klaus Zellmer. Czech car maker Skoda is lining up new models, expanding sales network and also looking to forge partnerships to scale up business in India, the most important market for the brand outside Europe, according to global CEO Klaus Zellmer. The company, which c

'JSW Infra to reassess strategy for Tajpur port if it comes for re-bidding'. Indicating that the company is still interested in the mega Tajpur deep sea port in West Bengal, JSW Infrastructure Ltd said that it remains open to re-evaluate its strategy for the project "if the project comes for re-bidding", a senior official said. JSW

Spectrum auction: Govt to issue demand note to telcos this week for payment. The telecom department is expected to issue a demand note to telcos this week for payment of spectrum they bought in the just-concluded auction, according to a source. The auction -- lasted for two days spanning seven rounds this time around - witnessed th

IBBI introduces digital forms for monitoring liquidation processes. To ease the compliance burden for insolvency professionals, and enhance the effectiveness of the liquidation process, the IBBI has launched a set of electronic forms under the Insolvency and Bankruptcy Code. These forms are crucial for the liquidation proc

Aim to make India a core part of the global energy revolution: Ola Electric. Bhavish Aggarwal, founder, says leading global products should be made in the country, for India and the world

A-I Express union alleges unfair labour practices; seeks govt intervention. Air India Express' cabin crew union has alleged unfair labour practices by the airline, including in issuance of charge sheets to its members, and sought the intervention of the labour commissioner to resolve the issues. The Air India Express Employees Uni

Jio, Airtel 5G pricing surge: Consumers to spend Rs 47,500 cr more annually. Reliance Jio and Bharti Airtel have taken decisive measures to effectively monetise 5G, significantly raising costs for consumers seeking premium next-generation mobile broadband

ITC beats Britannia, becomes India's second-largest packaged foods company. ITC's latest annual report shows that its foods business clocked sales of Rs 17,194.5 crore in the fiscal year ending March 31, 2024

Apple to establish major presence in Bengaluru with new office tower lease. The deal, part of Embassy's redevelopment of a prime 2.3-acre site slated to become Apple's second-largest Bengaluru facility by 2025, includes lease rates increasing by 15% every three years

HealthCare Global Enterprises acquires Andhra-based MGCHRI for Rs 414 cr. This move positions HCG as a leader in a highly attractive micro-market, benefiting from a high-quality primary catchment area and substantial secondary catchment from neighboring states

Court approves billionaire Anil Agarwal's plan to reclaim Zambia mine. To get access to the mine again, Vedanta now needs to follow the court ruling by releasing 0 million to settle debts that KCM owes to contractors and suppliers

Titan partners with Rhythm; launches jewellery brand Tanishq in Bangladesh. Titan Company on Saturday said it is launching its jewellery brand Tanishq in Bangladesh as part of expansion plans in the international market. On Friday, the Tata Group-managed firm signed a JV agreement to this effect with Rhythm Group which will make T

Ola Electric working on building solid-state batteries: Bhavish Aggarwal. Solid-state batteries are expected to offer improved safety, a longer lifespan and faster charging compared with conventional lithium-ion batteries that use flammable liquid electrolytes

Google adds Tulu to its translation services, community says 'great honour'. In a significant stride towards preserving and promoting regional languages, Google has added Tulu to its translation services. Tulu joins 110 new languages on Google Translate from June 27, marking a historic moment for the millions of people who speak th

Udupi Cochin Shipyard bags Rs 1,100 cr order for eight cargo vessels. The Udupi Cochin Shipyard Limited (UCSL), a wholly owned subsidiary of the Cochin Shipyard Limited (CSL), has bagged a Rs 1,100 crore-worth international order for eight 6300 TDW dry cargo vessels. CSL said it has won an international order from Wilson ASA

Tech Mahindra launches indigenous LLM Indus in collab with Dell and Intel. Initially the LLM will support Hindi language and more than 37 of its dialects

Nazara subsidiary to fully acquire Freaks 4U Gaming in deal worth Rs 271 cr. E-sports and gaming company NODWIN will enhance its stake to 100 per cent in its European peer Freaks 4U in a share swap deal valued at around Rs 271 crore, the company said on Friday. Singapore-based NODWIN is a material subsidiary of Nazara Technologies,

Gail extends net zero carbon emission target by five years to 2035. State-owned gas utility GAIL (India) Ltd on Friday said it has advanced the target to achieve net zero carbon emission by five years to 2035 as it takes multi-prolonged approach to reaching the goal. The company was previously targeting net zero carbon emi

ITC adds 68 crorepati employees in FY24; 24.11% increase from last year. The addition in the eight-figure bracket reflects the scale of ITC's operations and spread in newer categories

Mumbai-based Wockhardt to launch its novel antibiotic Zaynich by FY25-end. Global launch in FY26 after multinational clinical trial ends

AWS launches accelerator programme to support space-tech startups. Amazon Web Services (AWS) on Friday launched a space accelerator programme to support 24 startups. Through the 14-week programme, AWS said it will support selected space-tech startups in the growth journey with expertise, mentorship, and AWS credits cumula

Consumer spending on ITC's goods increase 12% to Rs 32,500 cr in FY24. Diversified conglomerate ITC has said consumer spending on the company's FMCG products has increased 12 per cent to nearly Rs 32,500 crore in FY24 with over 25 crore households having access to its various brands. ITC measures annual consumer spending as t

Iffco withdraws case against Triumph Offshore, Swan Energy in NCLT. Iffco recently exited TOPL by selling its 49 percent stake to Swan Energy for Rs 440 crore

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