Page 1034 - Markets News
Mega deals in India, IPOs in Hong Kong to make Asia an equity deals hotspot
India's total ECM deals jumped 137 per cent in the first half of this year from the same period of last year, with $28.5 billion raised, according to LSEG data
 "Mega deals in India, IPOs in Hong Kong to make Asia an equity deals hotspot")
CSB Bank soars 7% after promoter likely sells 17 mn shares via block deal
Shares of CSB Bank surged up to 7.3 per cent at Rs 382 per share on the BSE in Thursday's intraday trade. The stock is trading near its 52-week high of Rs 421.95 touched on January 1, 2024
 "CSB Bank soars 7% after promoter likely sells 17 mn shares via block deal")
Genesys Int'l stock surges 9% after inking pact with NNG for auto solutions
Genesys International's stock zoomed up to 9.5 per cent at Rs 620 per share on the BSE in Thursday's intraday trade
 "Genesys Int'l stock surges 9% after inking pact with NNG for auto solutions")
Foreigners buy India debt on eve of index inclusion, indicators signal
Firstly, the rupee rose to 83.4525 per dollar, up 0.14 per cent on the day, despite a jump in US Treasury yields on Wednesday
 "Foreigners buy India debt on eve of index inclusion, indicators signal")
Route Mobile soars 15%, hits 29-month high as Microsoft, Proximus sign pact
Microsoft and Proximus Group have sign a new strategic partnership for collaboration on digital communications and cloud
 "Route Mobile soars 15%, hits 29-month high as Microsoft, Proximus sign pact")
Vraj Iron and Steel IPO Day 2: Subscription status, GMP, Should you apply?
Vraj Iron and Steel IPO has seen a strong demand, with the issue being subscribed 8.3 times on Day 2 by 12:30 PM
 "Vraj Iron and Steel IPO Day 2: Subscription status, GMP, Should you apply?")
ITD Cementation hits 52-week high on bagging contract worth Rs 1082 cr
Shares of civil construction firm ITD Cementation India soared up to 3.66 per cent at Rs 537 per share, hitting its 52-week high on the BSE in Thursday's intraday trade
 "ITD Cementation hits 52-week high on bagging contract worth Rs 1082 cr")
Allied Blenders IPO closes today; GMP, share allotment, listing date
Allied Blenders & Distillers IPO closes for subscription on June 27; Share allotment expected on June 28 and the stock is likely to be listed on July 02, 2024.
 "Allied Blenders IPO closes today; GMP, share allotment, listing date")
This railway related stock has zoomed 91% from June 5 low
Shares of Titagarh Rail Systems hit a new high of Rs 1,896.50, surging 7 per cent on the BSE in Thursday's intra-day trade on account of a healthy business outlook.
 "This railway related stock has zoomed 91% from June 5 low")
IIFL Sec shares slump as former consultant Sanjiv Bhasin faces Sebi probe
According to reports, the market regulator, Sebi is investigating Sanjiv Bhasin for his alleged involvement in market manipulation
 "IIFL Sec shares slump as former consultant Sanjiv Bhasin faces Sebi probe")
JSW Energy stock up 4% after arm inks PPA for 1,325 MW renewable projects
The surge in the share price came after the company revealed that JSW Energy Neo via its subsidiary, has signed a PPA) for wind and solar projects with cumulative capacity of 1,325 MW
 "JSW Energy stock up 4% after arm inks PPA for 1,325 MW renewable projects")
Whirlpool stock zooms 19% on heavy volumes; Here's what triggered the rally
According to a Reuters report, German engineering group Robert Bosch is weighing a bid for the US appliances manufacturer Whirlpool.
 "Whirlpool stock zooms 19% on heavy volumes; Here's what triggered the rally")
Winny Immigration IPO makes strong market debut, lists at 71% premium
Winny Immigration and Education Services made a stupendous debut on the NSE SME today, with its shares listing at a 71.42 per cent premium at Rs 240 compared to its issue price of Rs 140 per share
 "Winny Immigration IPO makes strong market debut, lists at 71% premium")
RVNL bags order worth Rs 156 cr from Southern Railway; shares surge 3%
The uptick in stock price came after RVNL announced that it has bagged a contract worth Rs 156.47 crore from Southern Railway
 "RVNL bags order worth Rs 156 cr from Southern Railway; shares surge 3%")
Dr Reddy's shares zoom post Nicotinell acquisition; brokerages unimpressed
On Thursday, shares of the Dr Reddy's Laboratories zoomed up to 2.7 per cent at Rs 6,235.90 a piece on the BSE. The stock rose after the company on Wednesday acquired OTC brand Nicotinell
 "Dr Reddy's shares zoom post Nicotinell acquisition; brokerages unimpressed")
This Chris Wood-owned airport scrip hit a new high today. Guess the stock!
Christopher Wood, global head of equity strategy at Jefferies added GMR Airports in his kitty earlier this month by trimming stakes in two private sector lenders
 "This Chris Wood-owned airport scrip hit a new high today. Guess the stock!")
India Cements soars 10% as UltraTech to buy 23% stake; up 26% in 2 days
UltraTech Cement's board has approved making a financial investment to purchase up to 70.6 million equity shares of The India Cements
 "India Cements soars 10% as UltraTech to buy 23% stake; up 26% in 2 days")
Ramky Infrastructure up 7% on securing orders of Rs 131 cr from Power Grid
The surge in stock price came after the company announced that it has secured contracts worth Rs 131.19 crore from Power Grid
 "Ramky Infrastructure up 7% on securing orders of Rs 131 cr from Power Grid")
KEC International stock price rallies 9% on Rs 1,025 crore-order win
The uptick in share price came after KEC International announced that it has secured new orders worth Rs 1,025 crore for its T&D and cables business
 "KEC International stock price rallies 9% on Rs 1,025 crore-order win")
Oil outlook, June 27: Oil a 'buy on dips' bet; MCX Crude support at Rs 6700
WTI/MCX crude oil outlook today: The overall weekly inventory report is disappointing as it is indicating slowdown in the US consumer/industrial demand
 "Oil outlook, June 27: Oil a 'buy on dips' bet; MCX Crude support at Rs 6700")