Page 1016 - Markets News

Stocks to watch, July 12: TCS, M&M, Affle, Nazara Tech, ABFRL, Anand Rathi

Stocks to watch on July 12: TCS recorded net profit of Rs 12,040 crore, up 8.7 per cent year-on-year, dollar revenue up 2.7 per cent sequentially to $7.5 billion

Reliance Jio could list at $112bn valuation, 15% upside in RIL: Jefferies

Jefferies report on Reliance Jio listing: Assuming Jio is spun off from Reliance Industries' stable, the fair value for RIL stock would be Rs 3,580, Jefferies said

Bull spread on Bank Nifty, recommends Nandish Shah of HDFC Securities

Short covering is seen in the Bank Nifty Futures at lower levels, where Open Interest fell by 1 per cent (Prov) with Bank Nifty future rising more than 500 points from the intraday lows

Sell Nifty Metal on the rise, support at 9,500; more details here

The Nifty Metal Index is currently in a phase of consolidation, trading within a narrow range of 300 points, specifically between 9,700 and 10,000

Mapping the share: The big and small of equity market turnover

The data point assumes significance amid buzz that market regulator Securities and Exchange Board of India (Sebi) is debating a proposal on whether to increase the ticket-size for the options segment

Ambey Labs listing: Shares debut with 25% gains today at Rs 85 on NSE SME

Ambey Labs listing today: Post listing, Ambey Labs shares were locked in the 5 per cent upper circuit at Rs 89.25 per share

Indian equity returns likely muted for remainder of the year, says Nomura

The Japan-based brokerage said the surge in retail flows into domestic mutual funds over the years has been driven by structural factors like under-allocation to equities

Oil India shares up over 7% as oil stocks hog limelight; ONGC rises 2.2%

Shares of Selan Exploration Technology climbed 4.27 per cent and ONGC went up by 2.26 per cent.

Robust FY25 volume outlook to sustain gains for consumer major Marico

While the company indicated that consolidated revenue growth would be in high single digits, brokerages peg the same at around 7-8 per cent

Sebi to auction HBN Dairies properties, keeps reserve price at Rs 67.7 cr

The properties to go under the hammer include a shopping mall-cum-multiplex, hotel, plots and commercial shops, the Securities and Exchange Board of India (Sebi) said in a notice on Wednesday

RVNL surpasses BPCL, PNB in market cap ranking; stock zooms 54% in 1 week

At 11:50 am; with Rs 1.33 trillion market cap, RVNL was trading 4.5% higher at Rs 638.25 on the BSE, while, BPCL and PNB's market cap stood at nearly Rs 1.32 trillion, data shows

Stock Market Highlights, July 11: Mid, small-caps outshine Sensex, Nifty; Oil, shipping stocks soar

Stock Market Highlights on Thursday, July 11, 2024: The BSE Sensex ended at session 27 points lower at 79,897, while the Nifty50 closed at 24,316, down 8.5 points

Ashish Kacholia-owned stock up 86% in 27 days; zooms 169% from March low

Shares of Balu Forge Industries hit a new high of Rs 415, surging 9 per cent on the BSE in Thursday's intra-day trade in otherwise a weak market.

ONGC, Oil India, Selan on fire; Here's what fueled up to 13% rally today

Hardeep Singh Puri, minister of Petroleum and Natural Gas in India, said E&P offers investment opportunities worth $100 billion by 2030.

Indegene inks pact with Microsoft to scale Gen AI adoption: stock jumps 5%

Indegene and Microsoft have committed to developing resources in specialised and skilled medical and technology tools to co-innovate generative AI services and workflows

Ahluwalia Contracts stock up 8% on Rs 893 cr-order win; rises 69% in 6 mths

The surge in share price came after the company announced that it has secured an order worth Rs 893.48 crore from Airport Authority of India (AAI)

Bayer Corp, Ashiana Housing record up to 50-fold jump in volume on July 11

Bayer Corp, Ashiana Housing, India Grid Trust, KCP Sugar and SCI among 9 stocks to log over 10-fold jump in daily trading volumes on the BSE on Thursday.

Tata Elxsi falls 3% as analysts caution on high valuation, near term risks

According to analysts, Tata Elxsi's revenue growth was led by ramp-up of deals in the transportation vertical but was offset by softness in the media and communication

Modi govt's Budget to send India's soaring stocks higher, shows survey

The upcoming government budget will likely boost consumer spending and infrastructure building, which bode well for businesses, strategists and investors surveyed by Bloomberg said

Economic vision and not stimulus in Modi 3.0 Budget: Goldman Sachs

The government, Goldman Sachs believes, is likely to stick to the announced fiscal deficit target of 5.1 per cent of gross domestic product (GDP) for FY25