Page 1081 - Markets News

Stock Market Highlights, May 14: Sensex rises for 3rd day, gains 328 pts; Nifty tops 22,200

Stock market highlights on May 14: The broader markets, meanwhile, outperformed the frontline indices as the BSE MidCap added 1.14 per cent, and the BSE SmallCap rose 1.8 per cent

Adani group stocks in focus; Power, Enterprises, Total Gas rally up to 8%

Adani Enterprises, the group's flagship firm, plans to spend Rs 80,000 crore across businesses in the current financial year, according to reports

Vedanta hits 14-year high on fund raising plan; zooms 75% in 2 months

With the recent surge in commodity prices, particularly aluminum, zinc and silver, the company said it is going to unlock tremendous value.

Foreign equity investors turn to hedging over Lok Sabha poll jitters

Ahead of the results, the net open interest of put options on Indian indexes held by foreign investors hit the highest since at least January 2019

CE Info Systems shares rise 6% on strong Q4 performance

The software products company's net profit zoomed 36 per cent on a year-on-year (Y-o-Y) basis to Rs 38 crore in the March quarter of FY24, from Rs 28 crore in the March quarter of FY23

India-Iran Chabahar port deal: Time to bet on Indian shipping stocks?

Among shipping stocks - SCI, GE Shipping and Dredging have logged multi-fold returns over the last few years; here's what the chart suggests for the likely trend going ahead.

UPL slides 6% on weak Q4 earnings; profit drops 95% hit by lower prices

The total revenues of UPL dropped by 15 per cent year on year (YoY) at Rs 14,078 crore in the March quarter of FY24 as against Rs 16,569 crore in the corresponding quarter of the previous fiscal year

Refractory Shapes sees strong debut, lists at 142% premium on NSE SME

The Refractory Shapes IPO, valued at approximately Rs 18.60 crore, comprises a fresh issue of 6,000,000 equity shares with a face value of Rs 10, with no offer-for-sale component

Jindal Steel and Power shares hit 52 week high on strong Q4 performance

The surge came after the company announced a strong set of quarter-ending March of financial year 2024 (Q4FY24) results

Which large-cap stocks did mutual funds buy and sell the most in April?

Kotak Mahindra Bank emerged as the most purchased large-cap stock, with mutual funds accumulating a significant amount (49,160 crore) in the company. Punjab National Bank also saw a surge in buying

This PSU defense stock has zoomed 123% since Nov; UBS sees over 25% upside

Since September 28, 2023, the market price of HAL has appreciated by 115% after the stock split in the ratio of 1:1.

Hero MotoCorp stock new records; tops Rs 5,000 mark, m-cap reaches Rs 1 trn

In the past one week, Hero MotoCorp has outperformed the market by surging 13%, against near 1% decline on the Sensex, after the company reported a stellar performance for the March quarter.

Nifty 500, MidCap indices outperform peers as 4th phase of elections end

The Nifty 500 index has gained 0.9 per cent and the MidCap 1.8 per cent in comparison to 0.5 per cent and 0.2 per cent addition in the BSE Sensex and Nifty benchmarks.

Alembic ltd zooms 13% on strong Q4 performance; net profit rises by 425%

The total consolidated income of Alembic rose by 30.7 per cent at Rs 51 crores in the March quarter of FY24 as against Rs 39 crores in the corresponding quarter of the previous fiscal year

Morgan Stanley, CLSA bullish on Zomato after solid Q4, check target prices

On the bourses, Zomato was trading 1.39 per cent lower at Rs 191 per share, at 9:42 AM. By comparison, S&P BSE Sensex was up 0.11 per cent at 72,853.25 levels

Cochin Shipyard surges 7% on securing large order from European client

As per CSL's classification, orders in the Rs 500 crore to Rs 1,000 crore are termed as 'large' orders.

Govt bond yields expected to inch higher after inflation 'non-event'

Barclays forecasts retail inflation for May at 5.0%

Crude oil prices steady, signal bearish outlook in near term; here's why

Crude oil prices have corrected significantly after posting 16 per cent gains for Q1-2024. However, since April the oil prices have lost roughly 7 per cent of their value, amid the easing of tensions

Indus Towers, Bosch: Stocks that may enter MSCI Standard index on May 15

As of May 13, 2024, India's weight in the MSCI Emerging Market Index stood at around 18 per cent, a considerable rise from approximately 8 per cent in early 2020

Asian shares hit 15-mth high ahead of highly anticipated US inflation data

MSCI's broadest index of Asia-Pacific shares outside Japan climbed slightly and hit its highest since early 2023