Page 1032 - Markets News
Silver outlook: Prices may correct on hawkish Fedspeak, elevated inflation
Silver may trade between $28.80 (Rs 85,000) and $30 (Rs 88,300) in the near-term, says Praveen Singh of Sharekhan by BNP Paribas.
 "Silver outlook: Prices may correct on hawkish Fedspeak, elevated inflation")
Stocks to keep on your radar on May 17: IIFL Securities, Prince Pipes, KIMS
Across Asia, trading sentiment dipped as retail sales data fell short of street expectations, with a modest 2.3 per cent increase in April compared to the previous year
 "Stocks to keep on your radar on May 17: IIFL Securities, Prince Pipes, KIMS")
Nifty IT rangebound, FMCG bullish in near term: Here's how to trade
The Nifty FMCG Index is showing a bullish trend on the charts, with the potential for a fresh bullish breakout if it closes above 55,500
RIL, Adani Ports, Vi, Biocon, CONCOR among nine stocks to track on May 17
At 6:51 AM, GIFT Nifty futures showed a rise of 26 points, trading at 22,478 levels, signaling a subdued start for the stock exchanges
 "RIL, Adani Ports, Vi, Biocon, CONCOR among nine stocks to track on May 17")
Stock market trading guide for today: Nifty, Go Digit IPO, Dow Jones
All you need to know before the market opens on Friday: Gift Nifty hints tepid start; global markets slip as Fed officials warn on rate cut bets; Go Digit IPO closes today; Market open on Saturday.
 "Stock market trading guide for today: Nifty, Go Digit IPO, Dow Jones")
F&O Strategy: HDFC Securities recommends bull spread on Nifty50
Long build-up is seen in the NIFTY Futures, where open interest rose by 2 per cent (Prov) with NIFTY rising by 0.92 per cent
 "F&O Strategy: HDFC Securities recommends bull spread on Nifty50")
Soft US inflation data pushes markets higher; Sensex gains 677 points
Indices post biggest gains in two weeks
 "Soft US inflation data pushes markets higher; Sensex gains 677 points")
Go Digit IPO Day 2 subscription status: Issue booked 67% so far, GMP dips
Go Digit IPO Day 2: The grey market premium (GMP) of Go Digit Insurance has fallen to Rs 15 from Rs 45 on May 15
 "Go Digit IPO Day 2 subscription status: Issue booked 67% so far, GMP dips")
18% of global fund managers overweight on Indian equities: BofA survey
A total of 245 panelists with $642 billion worth of assets under management (AUM), BofA Securities said, participated in the survey held between May 3 and May 9, 2024
 "18% of global fund managers overweight on Indian equities: BofA survey")
Ambuja, ACC, JK, Ultratech: Will cement stocks crack under pressure?
Cement stocks investment strategy: Investors with a long-term horizon may strategically accumulate shares of fundamentally strong cement companies
 "Ambuja, ACC, JK, Ultratech: Will cement stocks crack under pressure?")
Dow hits 40,000 points for first time on earnings boost, rate cut bets
U.S. 10-year yields were flat at 4.356% FOREX: The dollar index was last up 0.3% at 104.49
 "Dow hits 40,000 points for first time on earnings boost, rate cut bets")
Stock Market Highlights, May 16: Sensex swings 1220 pts intraday, ends 677 pts up; Nifty holds 22400
Stock Market Highlights on Thursday, May 16, 2024: M&M, Tata Consumer Products, Tech M, Bharti Airtel, LTIMindtree, Infosys, Titan, and HDFC Life were the top gainers
 "Stock Market Highlights, May 16: Sensex swings 1220 pts intraday, ends 677 pts up; Nifty holds 22400")
Hindustan Aeronautics soars 10% on solid Q4 results; m-cap crosses Rs 3 trn
HAL stock price: HAL surpassed Avenue Supermarts (D-Mart), Power Grid Corporation, Adani Green Energy, Titan Company, Adani Ports, Coal India and M&M in overall market cap ranking
 "Hindustan Aeronautics soars 10% on solid Q4 results; m-cap crosses Rs 3 trn")
Election-related market volatility: Time for MF investors to start SIP?
Mutual fund investment strategy: Mutual fund investors, meanwhile, have been rejigging their portfolios amid a surge in equity volatility
 "Election-related market volatility: Time for MF investors to start SIP?")
Bandhan Bank slips 7% on heavy volumes ahead of Q4 results on Friday
Bandhan Bank stock price: Average trading volume on the counter surged nearly two-fold with a combined 33.86 million equity shares, representing 2 per cent of total equity of the bank, changing hands
 "Bandhan Bank slips 7% on heavy volumes ahead of Q4 results on Friday")
Quick Heal rises 5% on inking pact with EET Group; up 25% in last 6 months
The surge came following the announcement of a strategic collaboration with Europe's EET Group to bolster its cybersecurity offerings
 "Quick Heal rises 5% on inking pact with EET Group; up 25% in last 6 months")
UBS gives Buy rating to PI, Navin; initiates coverage on 4 chemical stocks
Owing to the growth potential in the Indian chemical companies UBS has initiated coverage on four firms including PI Industries and Navin Fluorine International with 'Buy' ratings
 "UBS gives Buy rating to PI, Navin; initiates coverage on 4 chemical stocks")
Somany Ceramics shoots up 20% on strong jump in profits; brokerage upbeat
In Q4FY24, Somany Ceramics witnessed a 38.85 per cent surge in consolidated net profit, reaching Rs 33.88 crore compared to Rs 24.40 crore in Q4FY23
 "Somany Ceramics shoots up 20% on strong jump in profits; brokerage upbeat")
Nifty MNC index at new high; Honeywell, 3M India, Schaeffler gain up to 9%
In the past one month, the MNC index has rallied 8%, as against less than 1% gain in Nifty 50
 "Nifty MNC index at new high; Honeywell, 3M India, Schaeffler gain up to 9%")
HOAC Foods IPO Day 1: Check subscription status, GMP, financials & more
The IPO, which opened on Thursday, May 16, has been oversubscribed 13.57 times, indicating robust demand from investors
 "HOAC Foods IPO Day 1: Check subscription status, GMP, financials & more")