Page 1028 - Markets News
Adani Ports to be included in Sensex from June 24, Wipro to be excluded
Analysts said Adani Ports could be assigned a weightage of 1.2 per cent in the Sensex
 "Adani Ports to be included in Sensex from June 24, Wipro to be excluded")
Defense stocks extend rally; BDL, CSL, GRSE, BEL zoom over 25% in 1 week
Bharat Dynamics hit a new high of Rs 1,650, zooming 17% in intra-day trade after the stock of state-owned defense company turned ex-date for 1:2 split on Friday.
 "Defense stocks extend rally; BDL, CSL, GRSE, BEL zoom over 25% in 1 week")
Small-cap firm Cheviot to buyback shares worth Rs 31.5 cr at Rs 1,800/ sh
Cheviot buyback news: Shares of Cheviot Co declined 5.3 per cent to Rs 1,476 apiece on the BSE on Friday
 "Small-cap firm Cheviot to buyback shares worth Rs 31.5 cr at Rs 1,800/ sh")
PSP Projects slips 4% after Q4 profit plunges 66%; check details here
PSP Projects stock fell as much as 4.27 per cent to hit an intraday low of Rs 656.20 per share
 "PSP Projects slips 4% after Q4 profit plunges 66%; check details here")
Asian stocks fall, dollar advances amid wavering rate cut expectations
Data on Thursday showed US jobless claims dropped while S&P Global's Flash PMI survey showed business activity expanded
 "Asian stocks fall, dollar advances amid wavering rate cut expectations")
This small-cap stock dropped 7% in trade on May 24; dividend announced
Landmark Cars' net profit dropped over 54 per cent to about Rs 11 crore in the fourth quarter of financial year 2024 (Q4FY24), from Rs 24.3 crore in the same quarter previous fiscal (Q4FY23)
 "This small-cap stock dropped 7% in trade on May 24; dividend announced")
This smallcap stock has zoomed 463% in 1 yr; trades 3:1 ex-bonus on Friday
Inox Wind stock update: The stock hit a record high of Rs 166 and was locked at the 10% upper circuit on turning ex-bonus on Friday.
 "This smallcap stock has zoomed 463% in 1 yr; trades 3:1 ex-bonus on Friday")
Honasa Consumer zooms 7% on record Q4 profit; should you buy, sell, hold?
Honasa Consumer stock price: The spurt comes as the beauty and personal care company reported its highest-ever net profit of Rs 30.5 crore in the March quarter of the financial year 2023-24 (Q4FY24)
 "Honasa Consumer zooms 7% on record Q4 profit; should you buy, sell, hold?")
Bayer CropScience stock declines 6% on Friday post Q4; Check details here
Bayer CropScience's revenue slipped 19.5 per cent on a year-on-year (Y-o-Y) basis to Rs 792 crore as opposed to Rs 983 crore in the same quarter a year ago
 "Bayer CropScience stock declines 6% on Friday post Q4; Check details here")
Finolex Cables stock hits record high; zooms 19% on healthy Q4 results
Finolex Cables stock update: The company's board also recommended a dividend of 400% i.e. Rs 8 per share on face value of Rs 2.
 "Finolex Cables stock hits record high; zooms 19% on healthy Q4 results")
Nandish Shah of HDFC Securities recommends Bull Spread on Bank Nifty
Bank Nifty May F&O expiry strategy: Buy BANK NIFTY (29-May Expiry) 48,900 CALL at Rs 376 & simultaneously sell 49,400 CALL at Rs 174
 "Nandish Shah of HDFC Securities recommends Bull Spread on Bank Nifty")
PE funds partly behind the 62% drop in India's net FDI? Samir Arora's view
The ace fund manager was reacting on 'X' to a Business Standard story that quotes a Reserve Bank of India (RBI) data on gross FDI flows into the country in FY24
 "PE funds partly behind the 62% drop in India's net FDI? Samir Arora's view")
JK Lakshmi Cement shares rally 7% on healthy Q4; up 15% in last one year
The surge in JK Lakshmi Cement share was fuelled by robust Q4FY24 results, which came in line with street estimates
 "JK Lakshmi Cement shares rally 7% on healthy Q4; up 15% in last one year")
IndiGo stock strategy: Up to 18% upside seen post Q4; check target prices
IndiGo share price: IndiGo has announced a plan to launch a tailor-made business product for India's busiest and business routes
 "IndiGo stock strategy: Up to 18% upside seen post Q4; check target prices")
Vodafone Idea rallies 10% on BSE as UBS upgrades stock with 'buy' rating
Vodafone Idea stock: The market capitalisation (market-cap) of Vodafone Idea surpassed the Rs 1-trillion mark today
 "Vodafone Idea rallies 10% on BSE as UBS upgrades stock with 'buy' rating")
Adani Enterprises stock at 16-mth high; here's what aided the recent gains
Adani Enterprises stock update: The stock was up 2 per cent in Friday's intra-day deals after the company said its board will meet on 28 May to consider fund raise.
 "Adani Enterprises stock at 16-mth high; here's what aided the recent gains")
Govt bond yields largely unchanged as traders await fresh debt supply
The gains will be capped as the central bank's record surplus transfer to the government has boosted market sentiment
 "Govt bond yields largely unchanged as traders await fresh debt supply")
Hawkish Fed may drag Silver towards Rs 88,500; here's your trading guide
Silver at $30.12 was down over 2 per cent at the time of MCX closing as the corresponding MCX July contract at Rs 90305 was down 2.91 per cent on the day
 "Hawkish Fed may drag Silver towards Rs 88,500; here's your trading guide")
Emkay Global sees 31% downside in Go Digit stock, gives 'Sell' rating
Go Digit stock: Go Digit's valuation at FY26E P/E of 49.6x and P/B of 5.9x seems to be building-in an optimistic outlook and ignoring the challenges, Emkay Global said
 "Emkay Global sees 31% downside in Go Digit stock, gives 'Sell' rating")
What are the two triggers for the India stock market crash? Wood answers
That said, the reality so far Wood believes, a repeat of the shock BJP defeat in 2004, remains unlikely in the extreme.
 "What are the two triggers for the India stock market crash? Wood answers")