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Page 1077 - Markets News

MicroStrategy, Indian companies among 42 additions to MSCI indexes

In total, there are 42 securities to be added and 121 cut from the all-country world index

MicroStrategy, Indian companies among 42 additions to MSCI indexes
Updated On : 15 May 2024 | 1:54 PM IST

Shares of Union Bank, Indian Bank, and BoI jump up to 5%: here's why

On an index level, Nifty PSU Bank was the top sectoral performer of the day on NSE jumping 2 per cent at 7,207 levels in intraday trade

Shares of Union Bank, Indian Bank, and BoI jump up to 5%: here's why
Updated On : 15 May 2024 | 1:47 PM IST

Rail-related stocks in demand for second straight day; RailTel, RVNL lead

Shares of Indian railways related firms have gained up to 8% in the last two days on back of order wins, and sentiment booster from Indian minister talk.

Rail-related stocks in demand for second straight day; RailTel, RVNL lead
Updated On : 15 May 2024 | 1:41 PM IST

This Kirloskar Group stock has surged 46% in 3 weeks; up 91% in 2 months

Kirloskar Pneumatic Company stock update: Shares of Kirloskar Pneumatic Company (KPCL) hit a record high of Rs 1,1660, and were locked at the 10 per cent upper circuit on the BSE in Wednesday's deals.

This Kirloskar Group stock has surged 46% in 3 weeks; up 91% in 2 months
Updated On : 15 May 2024 | 12:28 PM IST

Oberoi Realty rallies 7%, hits 52-week high on stellar Q4 performance

The Mumbai based developer reported a 64 per cent year-on-year increase in net profit, reaching Rs 788 crore. Total income for the same period surged by 56 per cent to Rs 1,558 crore

Oberoi Realty rallies 7%, hits 52-week high on stellar Q4 performance
Updated On : 15 May 2024 | 12:09 PM IST

LIC stock up 5.5% as Sebi gives 3 more yrs to meet public shareholding norm

LIC news: The revised timeline for LIC to achieve 10 per cent public shareholding is on or before May 16, 2027

LIC stock up 5.5% as Sebi gives 3 more yrs to meet public shareholding norm
Updated On : 15 May 2024 | 12:00 PM IST

Capital Goods index hits record high; Thermax, CG Power rally up to 14%

In the past six months, the BSE Capital Goods index has outperformed the market by surging 31%, as against a 11% rally in the S&P BSE Sensex.

Capital Goods index hits record high; Thermax, CG Power rally up to 14%
Updated On : 15 May 2024 | 11:54 AM IST

Radico Khaitan stock surges 4% on strong Q4 performance

The company's consolidated revenue from operations stood at Rs 3,894.6 crore in Q4FY24, as opposed Rs 3,375.4 crore in Q4FY23

Radico Khaitan stock surges 4% on strong Q4 performance
Updated On : 15 May 2024 | 11:44 AM IST

Colgate Palmolive shares fall 2% as investors book profit after healthy Q4

Colgate Palmolive Q4 results: despite a sharp ramp up of ad spends (up 18 per cent Y-o-Y), Ebitda margins expanded by 226bp Y-o-Y/216bp Q-o-Q to stand at 35.7 per cent

Colgate Palmolive shares fall 2% as investors book profit after healthy Q4
Updated On : 15 May 2024 | 11:21 AM IST

Q4 FY24 results: RVNL, MOIL, Biocon among 84 firms to post earnings today

Q4 FY24 company results: Dixon Technologies, Jindal Stainless, Power Finance Corporation, Thomas Cook will also release their financial results

Q4 FY24 results: RVNL, MOIL, Biocon among 84 firms to post earnings today
Updated On : 15 May 2024 | 11:18 AM IST

Andhra Paper stock split: Board approves split in 1:5 ratio; stock falls 4%

The fall came a day after the company announced its March quarter results for FY24 (Q4FY24), along with stock-split and dividend announcement

Andhra Paper stock split: Board approves split in 1:5 ratio; stock falls 4%
Updated On : 15 May 2024 | 10:57 AM IST

Benchmark bond yield declines to six-week low, in line with US peers

The benchmark 10-year yield is likely to move in the 7.09-7.14% range, following its previous close of 7.1067%

Benchmark bond yield declines to six-week low, in line with US peers
Updated On : 15 May 2024 | 10:38 AM IST

Cipla zooms 5% on 2.53% stake sale by Hamied family, Okasa Pharma

Promoters Shirin Hamied, Rumana Hamied, Samina Hamied and Okasa Pharma Private Limited have sold 2.53 per cent shares of Cipla for an undisclosed amount

Cipla zooms 5% on 2.53% stake sale by Hamied family, Okasa Pharma
Updated On : 15 May 2024 | 10:29 AM IST

Dollar trades low ahead of crucial inflation report; yen under pressure

The yuan slid to a two-week low versus the dollar after US President Joe Biden unveiled steep tariff increases on an array of Chinese imports

Dollar trades low ahead of crucial inflation report; yen under pressure
Updated On : 15 May 2024 | 10:03 AM IST

Bharti Airtel surges 2% on mixed bag of Q4 performance

Notably, Bharti Airtel is among the top gainers on Bombay Stock Exchange (BSE)

Bharti Airtel surges 2% on mixed bag of Q4 performance
Updated On : 15 May 2024 | 10:02 AM IST

Siemens stock soars 9% on strong Q2 results; demerger of energy business

Siemens stock update: In past three trading days, Siemens stock has rallied 17 per cent, while, in past one month, it has zoomed 33 per cent.

Siemens stock soars 9% on strong Q2 results; demerger of energy business
Updated On : 15 May 2024 | 9:59 AM IST

Gold price outlook: Retail sales, US CPI inflation holds key, says Sharekhan

Gold: Rises as the Fed Chair calls PPI data as 'mixed' on downward revisions to the prior data.

Gold price outlook: Retail sales, US CPI inflation holds key, says Sharekhan
Updated On : 15 May 2024 | 9:48 AM IST

US Fed's outlook on inflation positive for Silver, may hit Rs 87,000 on MCX

Silver price target: upport is seen in the range of $27.90-$28 (Rs 83,600-Rs 83,900)

US Fed's outlook on inflation positive for Silver, may hit Rs 87,000 on MCX
Updated On : 15 May 2024 | 9:45 AM IST

Pre-market: GIFT Nifty hints gap-up open; Bank Nifty expiry; FII, DII flows

All you need to know before the market opens on Wednesday, May 15: How to trade Bank Nifty ahead of the weekly expiry today; track these key levels on the Nifty. Bharti Airtel, Cipla will be in focus;

Pre-market: GIFT Nifty hints gap-up open; Bank Nifty expiry; FII, DII flows
Updated On : 15 May 2024 | 9:14 AM IST

Allied Blenders and Distillers gets Sebi's approval to float Rs 1500 cr IPO

The shares are offered at a face value of Rs 2 and is a mix of a fresh issue of equity shares valued at Rs 1,000 crore and an Offer-for-Sale (OFS) of shares worth Rs 500 crore by promoters

Allied Blenders and Distillers gets Sebi's approval to float Rs 1500 cr IPO
Updated On : 15 May 2024 | 8:41 AM IST