Page 1021 - Markets News
Sebi's proposed tweaks likely to lead to big churn in F&O stocks
Analysts foresee over two dozen exits and 75 entrants
 "Sebi's proposed tweaks likely to lead to big churn in F&O stocks")
NSE warns investors against deepfake clips of its chief recommending stocks
In a statement, the NSE said it has observed the use of face/voice of Chauhan and NSE logo in a few investment and advisory audio and video clips falsely created using technology
 "NSE warns investors against deepfake clips of its chief recommending stocks")
Active versus passive schemes: Smallcap funds triumph their benchmarks
The performance marks a reversal in the trend seen in the midcap and smallcap space in the last 12-18 month period, wherein majority of the schemes were found to be trailing their benchmarks
 "Active versus passive schemes: Smallcap funds triumph their benchmarks")
Stock Market Highlights, June 10: Sensex snaps 3-day winning run, dips 203 pts; IT, HDFC Bank weigh
Stock Market Highlights on June 10: The broader markets, however, stayed afloat with the BSE MidCap, and SmallCap indices adding up to 1 per cent
 "Stock Market Highlights, June 10: Sensex snaps 3-day winning run, dips 203 pts; IT, HDFC Bank weigh")
Fertiliser stocks zoom up to 7% amidst healthy monsoon expectations
Shares of fertiliser companies rose up to 7 per cent on the BSE in Monday's intra day deal amidst healthy monsoon predicted by IMD
 "Fertiliser stocks zoom up to 7% amidst healthy monsoon expectations")
Cement stocks rally up to 10% on Monday, Ultratech hits record; here's why
Cement stocks: The rally comes amid hopes of sustained push on infrastructure development and government-driven capex continuing in India
 "Cement stocks rally up to 10% on Monday, Ultratech hits record; here's why")
KEI stock rallies 8%, hits new high on healthy outlook; up 117% in 1 year
In FY25 profitability is likely to improve led by likely enhanced geographical diversification, an improvement in operational efficiencies and increased contribution from high-margin, believes Ind-Ra.
 "KEI stock rallies 8%, hits new high on healthy outlook; up 117% in 1 year")
Motilal Oswal surges 19%, hits all-time high as shares trade ex bonus
The Board of Directors, on May 9, had fixed the Record Date as Monday, June 10, 2024, for the purpose of the Bonus Issue
 "Motilal Oswal surges 19%, hits all-time high as shares trade ex bonus")
Mahanagar Gas share price at Rs 1,000 or Rs 1,700? Check new target prices
Mahanagar Gas Analyst Meet: Mahanagar Gas share price gained 6.3 per cent to Rs 1,468 apiece on the BSE, in Monday's intraday trade
 "Mahanagar Gas share price at Rs 1,000 or Rs 1,700? Check new target prices")
This smallcap iron & steel firm plans share buyback; stock up 187% in 1 yr
The board of directors of Godawari Power & Ispat are scheduled to meet on Saturday, June 15, 2024 to consider and approve a proposal for buyback of equity shares.
 "This smallcap iron & steel firm plans share buyback; stock up 187% in 1 yr")
Samvardhana Motherson gains 4% on Moody's rating upgrade; Outlook 'stable'
The auto components manufacturer's stock price jumped after Moody's Rating upgraded the credit rating of SAMIL and Samvardhana Motherson Automotive Systems Group B.V (SMRP B.V)
 "Samvardhana Motherson gains 4% on Moody's rating upgrade; Outlook 'stable'")
Suzlon dips 4% as director flags corporate governance issues; time to sell?
Analysts at ICICI Securities said that Suzlon has been focused on debt reduction and efficient management of working capital in the last 15 months. It will look to improve corporate governance further
 "Suzlon dips 4% as director flags corporate governance issues; time to sell?")
Rallis India hits 32-month high; soars 14% on favourable volume outlook
The company's portfolio of Crop Protection, Crop Nutrition and Improved Seeds supported by wide market reach, aims to address the emerging needs of the Indian farming community
 "Rallis India hits 32-month high; soars 14% on favourable volume outlook")
Kronox Lab Sciences debuts with 21% premium over issue price, slips later
Kronox Lab Sciences listing: While the listing marked a positive performance, it fell short of pre-listing expectations fueled by the high grey market premium (GMP)
 "Kronox Lab Sciences debuts with 21% premium over issue price, slips later")
Dalmia Bharat stock surges after subsidiary acquires stake in solar firm
Dalmia Bharat shares surged by 2.93 per cent at Rs 1,862.10 per share on the Bombay Stock Exchange (BSE) in Monday's intraday deals
 "Dalmia Bharat stock surges after subsidiary acquires stake in solar firm")
This bank stock has surged 55% in 4 days; zoomed 103% from listing day low
Jana Small Finance Bank hit a record high of Rs 740 as they rallied 15% on the BSE in Monday's intraday trade amid heavy volumes
 "This bank stock has surged 55% in 4 days; zoomed 103% from listing day low")
Market at record high but a fifth of Nifty 500 stocks trade below 200-DMA
The 200-DMA is a key long-term moving average in determining a bullish and bearish trend for any stock or underlying index.
 "Market at record high but a fifth of Nifty 500 stocks trade below 200-DMA")
Mphasis block deal: Stock slips 5% after nearly 30 mn shares change hands
Mphasis share price: While the buyers and sellers could not be ascertained, reports said BCP Topco, an affiliate firm of BlackStone, was the likely seller
 "Mphasis block deal: Stock slips 5% after nearly 30 mn shares change hands")
KEC International soars 8% on securing multiple orders; details here
KEC International's transmission and distribution (T&D) business has received orders for T&D projects in India, East Asia Pacific, and the Americas
 "KEC International soars 8% on securing multiple orders; details here")
Indian bond yields inch higher as US peers jump on robust economic data
US bond yields rose after the economy created far more jobs than expected in May
 "Indian bond yields inch higher as US peers jump on robust economic data")