Page 1083 - Markets News

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

Vacuum for Indian MSMEs seeking growth finance: Nishu Malhotra, ADM Capital

In India, shift to private credit, Nishu said, started before the Covid era, driven by regulatory reforms including the Insolvency and Bankruptcy code, Real Estate Regulatory Authority (RERA) Act etc.

Stocks to watch on May 14: Shriram Finance, Zomato, DLF, TCS, Maruti Suzuki

Shriram Finance announced that board has approved the sale of its housing finance subsidiary Shriram Housing Finance to Warburg Pincus for Rs 4,630 crore

Vedanta, Cochin Shipyard, JSPL among five stocks to track on May 14

Vedanta board will consider and approve the first Interim dividend on equity shares, if any, for the FY25, on May 16.

Indian bonds outperforming most Asian peers despite swings in treasuries

India's foreign-exchange reserves hit a record high in April, and the rupee has remained emerging Asia's best performing currency even against a strong dollar, reflecting increased investor interest

Pre-market: Gift Nifty, Q4 results, inflation data in focus on May 14

All you need to know before the market opens on Tuesday, May 14: Gift Nifty hints a gap-up start; Zomato stock to react to Q4 earnings; Key levels to watch out on the Nifty, Bank Nifty.

Indian Hotels, Power Grid, Federal Bank: Top 3 technical picks for May 14

There is a bullish butterfly pattern seen on hourly scale so based on these signals, we advise investors / traders to "go long" in Indian Hotels Company within the price range of Rs 545-555 per share

Nifty Fin Services, PSU Bank show comeback on charts; check key levels

The Nifty Financial Services Index, currently trading at 21,249.80, has recently experienced a correction but is showing early signs of a potential rebound on daily charts