Page 1026 - Markets News
Block deal alert! Inox Wind stock sinks 10% after 12 mn shares change hands
Inox Wind block deal: At 9:15 AM, nearly 12.47 million shares changed hands on the BSE at a price of Rs 151 per share
 "Block deal alert! Inox Wind stock sinks 10% after 12 mn shares change hands")
Sumitomo Chemical surges 9%, hits 52-week high on solid Q4 results
In Q4FY24, Ebitda jumped 74% Y-o-Y at Rs 140 crore, while margin improved to 20.8 per cent from 12.4 per cent in Q4FY23
 "Sumitomo Chemical surges 9%, hits 52-week high on solid Q4 results")
IRCTC Q4 results: Stock slips 2% ahead of nos; up 19% in last three months
IRCTC's revenue from operations increased 21.8 per cent to Rs 1,118.3 crore in Q3FY24, compared to Rs 918.06 crore in Q3FY23
 "IRCTC Q4 results: Stock slips 2% ahead of nos; up 19% in last three months")
This stationary stock has zoomed over 150% against issue price in 5 months
Shares of DOMS Industries hit a new high of Rs 1,985, trading 151% higher against its issue price of Rs 790 per share
 "This stationary stock has zoomed over 150% against issue price in 5 months")
Timken India surges 6% after 5 million shares change hands via block deals
Timken India block deal: Till 09.34 AM, around 5.02 million shares, representing 6.6 per cent of total equity of the company, had changed hands on the BSE
 "Timken India surges 6% after 5 million shares change hands via block deals")
Lok Sabha exit poll on June 01: Here's your stock market strategy handbook
Lok Sabha Exit Polls: Markets, analysts believe, are likely to remain volatile in the run-up to the exit polls. The markets, analysts said, expect the NDA to form the next government
 "Lok Sabha exit poll on June 01: Here's your stock market strategy handbook")
Crude oil strategy for May 28: WTI futures eye breakout above $80 hurdle
Crude oil outlook and strategy: Analyst at Sharekhan believes buying WTI crude on correction would be a good strategy for the day
 "Crude oil strategy for May 28: WTI futures eye breakout above $80 hurdle")
Indian govt bond yields seen steady as traders await fresh triggers
Bond yields have eased over the last few sessions, after the Reserve Bank of India's board last week approved the transfer of a record 2.11 trillion rupees as surplus to the government
 "Indian govt bond yields seen steady as traders await fresh triggers")
NMDC, Dish TV, Adani Energy, SpiceJet among five stocks to watch on May 28
Stocks to watch on May 28: NMDC reported a significant downturn in net profit, which decreased by 37.8 per cent to Rs 1,412.7 crore compared to Rs 2,271.5 crore in the previous year
 "NMDC, Dish TV, Adani Energy, SpiceJet among five stocks to watch on May 28")
Stocks to watch on May 28: LIC, Natco Pharma, AstraZeneca India, Nalco
Stocks to watch on May 28: LIC reported a 15.6 per cent year on year (YoY) increase in standalone net premium income, reaching Rs 1.52 lakh crore in Q4FY24 compared to Rs 1.32 lakh crore
 "Stocks to watch on May 28: LIC, Natco Pharma, AstraZeneca India, Nalco")
Stock market guide for May 28: Gift Nifty up, LIC in focus; Asian mood dull
All you need to know before the market opens on Tuesday: Markets in the Asia-Pacific region were seen trading on a flat note; LIC to react to Q4 results; Key levels to track on Nifty, Bank Nifty today
 "Stock market guide for May 28: Gift Nifty up, LIC in focus; Asian mood dull")
CCL Products, Titagarh Rail are top trading picks by Sharekhan for May 28
Titagarh Rail has been in a medium term uptrend. After a sharp run up the stock has been consolidating in a range and has formed a Triangle pattern on the hourly time frame chart.
 "CCL Products, Titagarh Rail are top trading picks by Sharekhan for May 28")
Buy & Sell: Top three picks by Anand Rathi for May 28; check target prices
Olectra Greentech stock is now comfortably maintaining its position above this trendline, indicating a strong upward movement.
 "Buy & Sell: Top three picks by Anand Rathi for May 28; check target prices")
Nifty Fin Svcs, PSU Bank may turn bullish soon, say charts; check levels
The Nifty PSU Bank Index is currently trading at 7,456.75. The near-term trend is bullish on the charts; however, the index is approaching a significant resistance zone between 7,500 and 7,590
 "Nifty Fin Svcs, PSU Bank may turn bullish soon, say charts; check levels")
Modi's return will power defence, infra stocks: Motilal Oswal's Agrawal
India's weeks-long general elections end on Saturday, with the ballots set to be counted on June 4
 "Modi's return will power defence, infra stocks: Motilal Oswal's Agrawal")
Rise in related-party transactions outpaces sales growth, shows data
Share has risen as a percentage of net sales
 "Rise in related-party transactions outpaces sales growth, shows data")
Investors subscribe Awfis Space Solutions IPO 108.17 times the offer size
The Rs 599 crore initial share sale received bids for 93,34,36,374 shares against 86,29,670 shares on offer, according to data available with the NSE
 "Investors subscribe Awfis Space Solutions IPO 108.17 times the offer size")
Strong performance in Q4 leads to upgrades for Hindalco Industries
The strong show across metals and value-added products, plus higher margins in Novelis indicates good trends
 "Strong performance in Q4 leads to upgrades for Hindalco Industries")
BSE to buy S&P's 50% stake in index joint venture for Rs 30 crore
The exit for S&P Dow Jones Indices from the equal JV is expected to be completed by May 31
 "BSE to buy S&P's 50% stake in index joint venture for Rs 30 crore")
Valuations may offset Q4 show, growth outlook for Divi's Laboratories
The company delivered a strong revenue and operating performance in the March quarter
 "Valuations may offset Q4 show, growth outlook for Divi's Laboratories")