Page 1094 - Markets News

Yield on state government securities rises on record supply, shows data

Next week, states will participate in the final auction for the current financial year and as per the indicative calendar, they are expected to raise Rs 29,399 crore from the market

IPO disclosures in AV format; SCI's demerged entity makes debut, and more

Shares of Popular Vehicles and Services, an automobile dealership firm, fell by over 6 per cent during their trading debut on Tuesday

Sensex sinks 736pts, Nifty tests 21,800 in broad-selling; IT index sheds 3%

Stock market highlights on Tuesday, March 19: TCS was the biggest laggard on the benchmark indices, down 4 per cent after Tata Sons likely sold about 0.6 per cent stake in the company

Bajaj Finance rises 2% in weak market; BNP Paribas sees up to 35% upside

Brokerage firm BNP Paribas India initiated coverage on the stock with outperform rating and a target price of Rs 9,040.

Patanjali Foods declines 5% as SC summons Ramdev in misleading ads case

The Supreme Court summoned Baba Ramdev and Acharya Balkrishna to appear personally in court for failing to respond to a show cause notice in contempt proceedings

Better growth supports the case for small-caps in Asia: Jefferies

Small-caps in Asia, Jefferies said, have done well since 2001, with an excess return of 216 per cent versus the large-caps

Bharti Airtel, State Bank of India, Zomato on Jefferies hotlist for 5 years

Amber Enterprises, specialising in ACs and components, expects earnings to grow over 36 per cent CAGR from FY24-30 due to the PLI scheme

Vishwas Agri Seeds' Rs 26 crore SME IPO to open Mar 21: Check issue details

The brand "Vishwas" enjoys a strong presence in the market, the company claims, as over the years it has developed a robust network of distributors across states like Gujarat, Rajashtan and MP

ASK Hedge Solutions aims to raise Rs 3,000 cr in maiden long-short NFO

The NFO (New Fund Offering) is an open-ended Category III Alternative Investment Fund, aiming to raise Rs 3000 crore with approx. Rs 1,000 crore over the next 6 months.

Nifty FMCG declines 2%, HUL hits 52-week low: What's behind the selling?

The Nifty FMCG index declined 1.7 per cent to 52,940 level in the intraday trade, dragged by Nestle India (down 3.3 per cent), Colgate Palmolive (3.25 per cent), Godrej Consumer Products (3 per cent)

JBM Auto surges 10% as arm bags Rs 7,500 cr order for 1,390 electric buses

The order will be executed within 12-18 months. At 11:10 am; JBM Auto was trading 6 per cent higher at Rs 1,987, as compared to a 0.86 per cent decline in the S&P BSE Sensex

BPCL, HPCL, IOC down for 3rd straight day; slip upto 25% from 52-week highs

In past three days, shares of OMCs have declined between 8 - 12 per cent on concerns that recent petrol and diesel price cut could hurt the companies' profit margins in the near-term.

Domino's, Subway supplier Chatha Foods' SME IPO opens today: Check details

Of the total net proceeds, the company aims to use Rs 24.11 crore for setting up a manufacturing facility in Mohali and the remaining amount for general corporate purposes

Popular Vehicles and Services makes weak debut, falls 8% post listing

Popular Vehicles and Services made a weak stock market debut on Tuesday, with its shares getting listed at Rs 289.20, a 2 per cent discount to its issue price of Rs 295 per share

TCS slips 3% after 21 mn shares change hands in block deals on BSE

At 09:15 am; around 20.93 million equity shares representing 0.58 per cent of total equity of TCS changed hands on the BSE, the exchange data showed.

Technical setup: Here's how Nifty Financial, Nifty PSU Bank may trade ahead

Nifty Financial Services index is currently in a downtrend and traders are advised to sell on rallies, says Ravi Nathani

Stocks to Watch: TCS, Aditya Birla Sun Life, L&T Finance, Tata Steel, SBI

Stocks to Watch on March 19, 2024: Tata Sons is set to divest a 0.65 per cent stake in in TCS on Tuesday in the open market, according to a term sheet. It will offload 23.4 million shares

Markets pricing NDA win in LS polls; eyeing budget proposals now: Analysts

The NDA, experts believe, already had a big boost ahead of the 2024 national elections in Dec 2023, winning assembly elections in three key states (Rajasthan, Madhya Pradesh and Chhattisgarh)

Smallcap funds sit on over Rs 15,000 crore dry powder, shows data

High cash holdings in MF portfolios indicate deployment challenges and fears of a price correction

Govt bond yield at one-month high ahead of US Federal Reserve meet

Traders reportedly adjusted positions in anticipation of an increase in state govt securities supply on Tuesday