Page 1067 - Markets News

Is the worst over for microcap, smallcap, midcap stocks? What analysts say

In March, most of the small and midcap had corrected as much as 30-50 per cent prompted by market regulator Sebi's warning of expensive valuations in the space

CPPIB sells 2.8% stake in Delhivery for Rs 908 crore via open market

According to the block deal data available with the National Stock Exchange (NSE), Canada Pension Plan Investment Board (CPPIB) sold 2,04,50,000 shares, amounting to a 2.8 per cent stake in Delhivery

United Breweries surges 10% on hopes of healthy revenue in March quarter

Heineken N.V., the promoter group, said that India net revenues grew by 20 per cent organically in the January to March quarter

NSE launches derivative contracts on Nifty Next 50, gets positive response

More than 375 trading members from across the country participated in the index derivatives, the National Stock Exchange (NSE) said in a statement

Stock Market Highlights, April 24: RIL, IT shares cap gains on Sensex, Nifty; metals shine

Stock market highlights on Wednesday, April 24: n the broader markets, the BSE MidCap and SmallCap indices outperformed the benchmarks by settling 0.92 per cent and 0.79 per cent higher, respectively

Vodafone Idea slips 9% ahead of listing of shares allotted in FPO

The shares allotted in FPO are expected to list on Thursday. The stock had rallied 12 per cent on Tuesday on strong foreign investor's response for FPO

Chennai Petroleum stock up 17% on strong Q4 results, dividend announcement

Chennai Petroleum stock price: Chennai Petroleum Corporation stock soared 16.5 per cent to Rs 1,081.65 apiece, also its fresh record high, on the BSE in Wednesday's intraday trade

BSE Metal index surges 3% as base metals climb to multi-year highs

Metal stocks top performers: Here's why metal stocks were in demand on the Dalal Street on Wednesday.

This PSU defence stock has zoomed over 100% in 7 months post split

In the past seven months, the share price of public sector undertaking (PSU) defence company has zoomed 112 per cent after the stock split in the ratio of 1:1

MCX down 8% as Morgan Stanley predicts 48% downside in stock post Q4 result

MCX stock price update: Morgan Stanley has maintained an 'Underweight' rating on the stock with a target price of Rs 2,085

Investment idea: Motilal Oswal bullish on Sun Pharma; check outlook, upside

Sun Pharma, the brokerage said, is building an interesting specialty pipeline (under development) for addressing patient's needs in areas of dermatology, ophthalmology, and onco-dermatology

Puravankara locked at 5% upper circuit on securing redevelopment project

The surge came after Puravankara announced that it has been selected as the preferred developer for redeveloping a residential housing society in Mumbai's Pali Hill

Cyient DLM stock surges 13% on strong Q4 show; upbeat FY25 outlook

Earnings impact on Cyient DLM stock price: Stock up 13% after Q4 net zooms 81% in Q4FY24; Stock brokers and company management are upbeat on FY25, FY26 outlook.

5 Smallcap stocks that will help you mint money in markets on April 24

Stock picks for April 24, Wednesday, based on technical analysis: NCC, Aegis Logistics, GNFC, Manappuram Finance and Castrol India look positive on the daily charts as Nifty SmallCap scales new high.

Zydus Life stock sheds 5% as USFDA issues 10 observations for Vadodara unit

Zydus Lifesciences share price update: The USFDA conducted an inspection at the Injectable Manufacturing site situated at Jarod, near Vadodara, between April 15 and April 23, 2024

ICICI Prudential Life Insurance slips 7% on disappointing Q4 results

At 09:29 am, the stock was trading 4 per cent lower at Rs 569.15, as compared to 0.24 per cent rise in the S&P BSE Sensex

Global investors sell Unilever India stock as sales growth falters

The decline in Hindustan Unilever shares this year has helped improve its multiples. The stock is currently trading at 46 times its forward earnings, below its five-year average of about 54 times

Nifty swings above 20-DEMA; check key support, resistance levels here

Nifty50 outlook: Downward gap zone of 22,503 and 22,427 is expected to remain resistance for the Nifty in the near-term

Bank Nifty still looks weak on charts; PSU Bank index range-bound

According to Ravi Nathani, an independent technical analyst, the Nifty Bank index is expected to face stiff resistance in the 48,500 - 48,900 range.

Stocks to Watch, April 24: Axis Bk, HUL, Tata Consumer, MCX, IIFL Finance

Stocks to Watch on Wednesday, April 24, 2024: Axis Bank, Hindustan Unilever, LTIMindtree, The Indian Hotels Co., and AU Small Finance Bank are among the companies which will report Q4FY24 result today