Stocks To Watch: Hindalco, Info Edge, Vedanta, Bharti Airtel, Bharat Forge

Tata Motors

Stocks To Watch: Hindalco, Info Edge, Vedanta, Bharti Airtel, Bharat Forge : Indian equities fell the most in two months on Monday, ending lower for the fifth straight session as a rise in active Covid-19 cases across the country dented sentiment. The S&P BSE Sensex ended 2.2% or 1,145 points lower at 49,744 while the NSE Nifty 50 index fell 2% or 300 points to end at 14,675.

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Stocks To Watch: Hindalco, Info Edge, Vedanta, Bharti Airtel, Bharat Forge via @goldsilverrepor

Gold Price Maintains Uptrend on Global Cues, Jewellers’ Buying

Spot Gold Technical Analysis

Gold Silver Reports (GSR) – In the national capital, gold of 99.9% and 99.5% purity advanced by ₹130 each to ₹30,970 and ₹30,820 per 10 grams, respectively. The precious metal had gained ₹40 in the last two days. Sovereign, however, remained unchanged at ₹24,700 per piece of eight grams.        

Read moreGold Price Maintains Uptrend on Global Cues, Jewellers’ Buying

Gold Price Maintains Uptrend on Global Cues, Jewellers’ Buying via @goldsilverrepor

Hero MotoCorp Share Price Rises On June Sales, Motorcycle Price Hike

Gold Silver Reports (GSR) – Hero MotoCorp Share Price Rises On June Sales, Motorcycle Price Hike – Shares of the Delhi-based two-wheeler maker rose as much as 2 percent to ₹ 3,485 after it reported June sales and hiked prices of its motorcycles and scooters to partially offset higher input costs. 

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Vedanta Set For Its Longest Losing Streak In Over Three Months

Gold Silver Reports (GSR) – Vedanta Set For Its Longest Losing Streak In Over Three Months – Shares of the metal maker extended its decline for the seventh straight session today, its longest losing streak since March 9. The stock fell as much as 3.3 percent to hit a 52-week low at Rs 230.65 apiece.

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Vedanta Stock Declines Ahead Of Quarterly Results Announcement; Xiaomi Files in Hong Kong for World’s Biggest IPO Since 2014

Gold Silver Reports (GSR) – Vedanta Declines Ahead Of Quarterly Results Announcement – Shares of the base metal producer extended declines for the second day and fell as much as 2.1 percent to Rs 277.35, ahead of its March quarter results announcement. Analysts surveyed by Bloomberg predict the company’s net profit to decline 13.7 percent on a yearly basis to Rs 2,579 crore.

Read moreVedanta Stock Declines Ahead Of Quarterly Results Announcement; Xiaomi Files in Hong Kong for World’s Biggest IPO Since 2014