Page 1029 - Markets News

Sensex, Nifty hit new highs; RBI bonanza, election optimism boost sentiment

The Sensex ended the session at 75,418, with a gain of 1,197 points or 1.61 per cent, its biggest gains since March 1

Sebi proposes changes in IPEV capital valuation guidelines for AIFs

As per current guidelines, they were required to provide the data to performance benchmarking agencies within six months of the end of the financial year

NSE listed companies' market capitalisation surpasses $5 trn mark

The Nifty 500 index also touched an all-time high of 21,505.25 on Thursday indicating that growth in the equity market is not restricted to only the large capitalised stocks, a statement by NSE said

Sebi proposes to include Green Credit Program under BRSR framework

'Inclusion in BRSR shall incentivise listed entities and their value chain partners to participate in the generation of green credits by following environmentally sustainable activities,' Sebi said

4 reasons why Sensex surged almost 1,200 points, Nifty tested 23K on May 23

Here's why the stock market rallied on Thursday, May 23: PSU bank stocks cheered RBI's dividend move; Optimism over election outcome coupled with ease in bond yields lifted NSE Nifty to a new high.

Stock Market Highlights, May 23: Indices end at record highs! Sensex soars 1197 pts, Nifty nears 23K

Stock market LIVE updates on Thursday, May 23, 2024: In the broader markets, the S&P BSE MidCap index hit a new high of 43,442.5, while the S&P BSE SmallCap index touched a new lifetime high of 48,229

Adani Group stocks rally; Enterprises surges 8%, Ports, Power hit new high

Report say Adani Enterprises may replace Wipro in the benchmark Sensex index. This may lead to inflows worth Rs 1,000 crore in the stock

PG Electroplast soars 11%, hits record high on solid Q4, 1:10 stock split

PGEL forecasts revenues of Rs 3,400 crore, a growth of 23.8 per cent over FY24 consolidated revenues, despite the transfer of the TV business to Goodworth Electronics

Sun Pharma hits over 3 month low; slips 5% in strong market post Q4 results

The management guided for high single digit revenue growth in FY25 factoring in the impact of US site compliance issues.

This PSU defense stock to turn ex-split on Friday; zooms 54% in 8 days

Bharat Dynamics had fixed May 24, 2024 as the record date for the purpose of determining the eligibility of shareholders for sub-division/ split of face value of equity shares from Rs 10 to Rs 5 each.

Go Digit debuts on a quiet note; lists at 5% premium to issue price

Post listing, the Go Digit stock touched a high of Rs 294.75, commanding a 8 per cent premium to its issue price of Rs 272 per share on the NSE.

Star Cement falls 5% on tepid March quarter; profit drops over 10%

Star Cement's net profit dropped 10.3 per cent to Rs 87 crore from Rs 96 crore year-on-year (Y-o-Y), while revenue rose 9.2 per cent to Rs 913 crore compared to Rs 829 crore in the same period last ye

GMM Pfaudler slips 5% on weak Q4 performance; Rs 1 dividend announced

GMM Pfaudler's consolidated net profit dropped 14 per cent to Rs 28.7 crore in Q4FY24, from Rs 33.3 crore in the same quarter a year ago (Q4FY23)

IndiGo Q4 preview: Stock hits record high ahead of nos; what to expect?

IndiGo Q4 results: Analysts expect robust demand, and lower competitive intensity to aid Q4Fy24 earnings

Stocks to Watch, May 23: Grasim, GMM Pfaudler, Petronet LNG, Star Cement

On the domestic front, investor attention is focused on forthcoming manufacturing data and the Q4 results of major players such as ITC, IndiGo, and Fortis Healthcare

PSBs on a roll after RBI doles out Rs 2 trn dividend to govt; index up 2%

At 10:30 am; Nifty PSU Bank index, the top gainer among sectoral indices, was up 2.5%, as compared to 0.42% rise in the Nifty 50, while Nifty Bank and Nifty Private Bank index are up 1%

Paytm drops 3% after Q4 loss broadens; check trading strategy here

The decline followed the company's announcement of its Q4 results, which fell short of market expectations. Paytm's loss widened to Rs 549.6 crore in Q4FY24

ITC Q4 results today: Analysts see flattish quarter amid dip in margins

ITC Q4 results: ITC may report a flattish quarter with steady cigarette volume, weak paper volumes, offset by healthy hospitality sales revenue

Shipbuilders stock at new peaks; Here's what triggered the rally on May 23

Shares of shipbuilding firms in India soared to record high levels in trades on Thursday Thursday after Garden Reach Shipbuilders reported strong Q4 earnings.

Will stock market crash if BJP gets less than 270 seats in Lok Sabha polls?

In the worst case scenario where the NDA is unable to secure a majority (seats less than 272), analysts at Bernstein expect 'heavy profit booking' in the markets with low or negligible returns