Page 1006 - Markets News
DMart stock hits 2-year high; up 5% on stable outlook
Strong store additions will aid future revenue growth, while moderating inflation will improve discretionary demand and margins, believe analysts.
 "DMart stock hits 2-year high; up 5% on stable outlook")
Nandan Denim locked in 20% upper circuit after announcing 1:10 stock split
The company's stock rose after it announced a 1:10 stock split, meaning each equity share having face value of Rs 10 each will be subdivided into ten equity shares having face value of Rs 1 each
 "Nandan Denim locked in 20% upper circuit after announcing 1:10 stock split")
Ahead of JP Morgan's inclusion, HSBC sees $250 mn of India swap deals
The British bank, via its unit in the International Financial Services Centres Authority, carried out the so-called total return swap deals worth more than $250 million
 "Ahead of JP Morgan's inclusion, HSBC sees $250 mn of India swap deals")
This smallcap defense stock has rallied 55% in 3 days; zoomed 87% in 9 days
The stock of aerospace & defense company hit a new high of Rs 1,388.70 has locked in 20 per cent upper circuit of the second straight day.
 "This smallcap defense stock has rallied 55% in 3 days; zoomed 87% in 9 days")
Paytm shares fall 7% from day's high after over 15 mn shares change hands
Paytm news: Neeraj Arora has quit the board of One97 Communications citing pre-occupation and personal commitments
 "Paytm shares fall 7% from day's high after over 15 mn shares change hands")
JNK India hits fresh 52-week high as stock climbs 16% on 'mega' order win
The surge in stock price came after JNK India announced that it has bagged a 'mega' order from Reliance Industries Limited (RIL)
 "JNK India hits fresh 52-week high as stock climbs 16% on 'mega' order win")
IIFL Finance shares soar 9% as RBI completes special audit of gold loans
IIFL Finance RBI news: IIFL Finance posted a net profit after tax of Rs 373.4 crore in Q4FY24, down 10 per cent, affected by the RBI's embargo on fresh gold loans
 "IIFL Finance shares soar 9% as RBI completes special audit of gold loans")
Bosch market cap crosses Rs 1 trillion; stock hits new high, gains 6%
At 11:13 am; with Rs 1.0 trillion market capitalisation, Bosch was trading 5 per cent higher at Rs 33,918.
 "Bosch market cap crosses Rs 1 trillion; stock hits new high, gains 6%")
RVNL shares up 4% on emerging as lowest bidder for project worth Rs 160 cr
The uptick in share price came after the company announced that it has emerged as the lowest bidder (L-1) for a project from East Coast Railway worth Rs 160 crore
 "RVNL shares up 4% on emerging as lowest bidder for project worth Rs 160 cr")
M&M zooms 91% in 5 months on healthy outlook; m-cap nears Rs 4 trillion
M&M stock record high price: With strong focus on capital efficiency, impressive product launch slate and capacity expansion in the offering, M&M is well positioned for profitable growth going forward
 "M&M zooms 91% in 5 months on healthy outlook; m-cap nears Rs 4 trillion")
RITES, DVC join hands for innovation in rail infra works; stock rises 3%
The rise in share price came after the company announced that it has joined hands with Damodar Valley Corporation (DVC), for innovation in railway infrastructure works
 "RITES, DVC join hands for innovation in rail infra works; stock rises 3%")
Buy Watchlist: ABB, Dixon, IEX among 4 stocks with long buildup in F&O
F&O stock outlook: Technical charts suggest that OFSS and Indian Energy Exchange can rally up to 19 per cent; here are the key support and resistance levels.
 "Buy Watchlist: ABB, Dixon, IEX among 4 stocks with long buildup in F&O")
Govt bond yields largely unchanged as traders await stronger triggers
Foreign investors added new seven-year bond positions during its auction on Friday, while overseas banks have also been on a bond-buying spree for the last four weeks
 "Govt bond yields largely unchanged as traders await stronger triggers")
Shakti Pumps shares locked in 5% upper circuit on Long term rating upgrade
The uptick in stock price came after the company announced that its Long term rating has been upgraded
 "Shakti Pumps shares locked in 5% upper circuit on Long term rating upgrade")
Fitch ups 2024 world growth forecast to 2.6%; cautions on inflation
However, for 2025, Fitch expects world growth to edge down to 2.4 per cent as US growth slows to a below-trend rate of 1.5 per cent and growth in the Eurozone picks up to 1.5 per cent
 "Fitch ups 2024 world growth forecast to 2.6%; cautions on inflation")
Hyundai Motor IPO: Here are the top 10 biggest IPOs in Indian history
If successful, this IPO will mark Hyundai Motor Co.'s first listing outside of South Korea
 "Hyundai Motor IPO: Here are the top 10 biggest IPOs in Indian history")
Ashmore plans to buy more Indian bonds as JPMorgan inclusion nears
Indian sovereign bonds have seen about $9.5 billion of inflows into the so-called Fully Accessible Route - or FAR securities - since the JPMorgan announcement in September
 "Ashmore plans to buy more Indian bonds as JPMorgan inclusion nears")
Are you a frog, pig, vulture or an ape as a stock market investor?
Types of stock market investors: Each investor category as their own interpretation of the Indian stock market, which in turn reflects in their investment strategy
 "Are you a frog, pig, vulture or an ape as a stock market investor?")
Suven Pharma, Max Health can rally up to 9%: Angel One
Rajesh Bhosale, Equity Technical Analyst at Angel One, expects the Nifty to move in the this 23,200 - 23,600 range this week.
 "Suven Pharma, Max Health can rally up to 9%: Angel One")
Asian stocks push higher; Australian dollar firm ahead of RBA rate decision
The main market focus in Asian hours on Tuesday was on the Reserve Bank of Australia's (RBA) policy decision, where expectations are for the central bank to stand pat on rates
 "Asian stocks push higher; Australian dollar firm ahead of RBA rate decision")