Page 96 - Deepak Korgaonkar

Mid-, small-cap stocks under pressure; 24 stocks freeze at lower circuits

At 02:04 pm, the S&P BSE Midcap index and the S&P BSE Smallcap index were down 1 per cent and 2 per cent, respectively, as against a 0.23 per cent rise in the S&P BSE Sensex

Bharti Airtel hits all-time high on robust outlook; stock up 20% in 3 weeks

According to analysts, Bharti Airtel has a clear advantage to further gain high-quality subscribers in both pre-paid and post-paid categories, considering Vodafone Idea's weak financial position

Zomato ends 66% higher against issue price; m-cap crosses Rs 1-trn mark

The market capitalisation of the company touched Rs 1.08 trillion in intra-day trade today

SC rejects telcos plea on AGR re-computation; Vodafone Idea tanks 15%

Three telecom firms - Bharti Airtel, Vodafone Idea and Tata Teleservices - had moved the apex court seeking correction in calculation errors in the DoT's AGR demand

Midcap IT shares in demand; Happiest Minds, MphasiS rally over 5%

At 11:41 am; the S&P BSE IT index and Nifty IT indices were up 2 per cent each, as compared to 0.14 per cent gain in the benchmark indices the S&P BSE Sensex and Nifty50.

583 stocks hit upper circuit amid subdued market; indices end flat

Propelled by this, the BSE SmallCap index hit a new high of 26,168 in the intraday trade on Monday, but closed at 26,068.

610 stocks freeze at upper circuits; Siyaram Silk, SML Isuzu zoom 20%

Siyaram Silk Mills, SML Isuzu, Kitex Garments, Ujjivan Financial Services and Equitas Holdings from the S&P BSE Allcap index were locked 20 per cent upper circuit on the BSE

TCS down 1% as June quarter earnings miss Street expectation

For the first quarter, net profit of the company at Rs 9,008 crore grew by 28.5 per cent year-on-year basis, but was down 2.5 per cent sequentially

HFCL's m-cap crosses Rs 10,000 crore mark; stock zooms 86% in a month

5G technology is the next big upgrade for telecommunication networks and HFCL is gearing up to offer various products, solutions and services for this segment

Indian Overseas Bank becomes the second most-valued public lender

On a closing basis, the bank's market cap was Rs 51,887 crore at the end of trading on Friday, surpassing its peers Punjab National Bank (PNB) and Bank of Baroda (BOB)

Mid-, Smallcaps outperform in first half of 2021; analysts see more upside

Among sectors, the metal index recorded robust performance with S&P BSE Metal and Nifty Metal indexes gaining 63 per cent in H1CY21

RIL stock ends down 2.4% as Mukesh Ambani unveils mega plans in 44th AGM

The stock has now dipped for the third day in a row, falling around 4 per cent during this period and wiping off nearly Rs 53,000 crore in market capitalisation

Shares of four Adani Group companies locked in 5% upper circuit

Adani Green Energy (Rs 1,115.85), Adani Transmission (Rs 1,297.65), Adani Total Gas (Rs 1,321) and Adani Power (Rs 120.60) were locked in 5 per cent upper circuit on the BSE

Privatisation buzz lifts Indian Overseas Bank, Central Bank stocks by 20%

The stock of the Mumbai-based Central Bank was locked in the upper circuit at Rs 24.30 on the back of an over 2x jump in trading volumes. A combined 88.5 million shares changed hands

CLSA puts sell rating on Rakesh Jhunjhunwala-backed Nazara; stock tanks 12%

CLSA initiated coverage on Nazara Tech with a Sell rating and target price of Rs 1,095, citing hefty premium valuation

Consumer discretionary index hits all-time high; analysts see more upside

The recent optimism at the bourses stems from the hope that consumers will resort to 'revenge buying' once the lockdown condition is lifted following the second wave of Covid infections receding

Infosys hits record high, rallies for 8th straight day; up 13% in a month

The stock hit a record high of Rs 1,484.10, surpassing its previous high of Rs 1,480 touched on April 12, 2021

Adani Power, Transmission, Total Gas slip 5% for third straight day

NSDL has already clarified that the accounts of three foreign funds - holding nearly Rs 43,000 crore worth of Adani group shares - are 'active' and not frozen

Adani Group clarifies on FPI account development; stocks see some recovery

Adani Group clarified that the demat accounts of three foreign funds-Albula Investment Fund, Cresta Fund and APMS Investment Fund holding shares in group Companies are not frozen.

Rate sensitive shares mixed after RBI maintains status quo on repo rate

Bank stocks such as HDFC Bank, State Bank of India (SBI), RBL Bank, Bandhan Bank and Punjab National Bank slipped nearly 1 per cent each