Page 1119 - Markets News

UPL slips 7%, hits 3-year low on Q3 loss; cautions on weaker Q4FY24

The company said revenue and margin to be impacted by global channel destocking and ongoing pricing pressure in post patent space exacerbated by higher rebates.

Paytm plunges 42% in 3 days; erodes nearly Rs 20,500 crore in market value

Paytm's market capitalisation has eroded by Rs 20,497 crore in 3 days, while from its all time high level of Rs 1.24 trillion, the m-cap has been wiped off by nearly Rs 1 trillion

Tata Motors hits new high, surges 7% on robust December quarter results

The auto major's Q3 net profit beat analyst estimates, growing by 137 per cent YoY to Rs 7,025 crore on favourable volumes, reduced costs on component sourcing with easing semiconductor chip supplies.

Stocks to Watch today, Feb 5: Paytm, SBI, TaMo, IndiGo, ZEE, Airtel, VBL

Stocks to Watch on Monday, February 5, 2024: Stock exchanges have revised the circuit limits for Paytm to 10 per cent from 20 per cent

Bond traders pin hopes on dovish RBI pivot to extend Budget rally

Indian bonds have rallied over the past three months, fueled by overseas inflows ahead of global index inclusion starting June

Nifty, Bank Nifty: Wait for confirmed breakout from trading range

According to Ravi Nathani, an independent technical analyst, the Nifty is moving in a trading band of 21,650 - 22,000.

Market resilience in a pill: Pharma's formula for Q3 earnings upgrades

Rx for returns: Pharma firms' dominance in market recovery prescription

Debt mutual funds prosper in wake of Interim Budget yield decline

Gilt and dynamic fund investors reap nearly Rs 330 crore in gains, reveals estimates

Street signs: Nifty's potential soars, a mixed bag in IPO GMPs, and more

While it is almost certain that UPL will be dislodged by Shriram Finance in the National Stock Exchange Nifty50 Index, the position of Bharat Petroleum Corporation (BPCL) could also be at risk

M-cap of 8 of top-10 most valued firms climb Rs 2.90 trn, Reliance shines

The market capitalisation (mcap) of Reliance Industries jumped Rs 1,38,290.85 crore to reach Rs 19,72,028.45 crore. Shares of the company jumped 7.54 per cent last week

FPIs investment in debt market over 6-year high at Rs 19,800 cr in January

This was the highest inflow since June 2017, when they infused Rs 25,685 crore

BSE, NSE cut daily trading limit on Paytm shares to 10% after market rout

The new 10% limits will be applicable from Monday, the Bombay Stock Exchange and the National Stock Exchange said on their websites

CPSE stocks on a roll; BEML Land, NBCC, Engineers India rally up to 20%

According to SBI Capital Markets (SBICAPS), the enhanced profitability of public sector banks (PSBs) and CPSE is anticipated to contribute to improved dividend payouts

Despite Q3 margin miss, Street remains positive on Titan's prospects

Analysts remain cautious about near-term consumption trend

Sebi panel for abolishing security deposit requirement in public issues

In the consultation paper issued by Sebi, the committee suggested that the requirement of 1 per cent security deposit for public or rights issues may be done away with

Sebi mulls revamping nominations framework to reduce unclaimed assets

Sebi noted that the primary factors contributing to the increase in unclaimed assets are incomplete nominations or unavailability of nominations for financial assets in the securities markets

Sebi bars Shares Bazaar Alternative Investment Fund from raising funds

Company obtained registration without disclosing action against sponsor, says regulator

Sensex rallies 440 pts day after interim Budget, Nifty tops 21,850; PSEs up

Stock market highlights on Friday, February 02: In the broader markets, the BSE MidCap index gained 0.8 per cent, while the BSE SmallCap index added 0.5 per cent

Foreigners turn cautious on India stocks as selling crosses $3 bn

Indian stocks have benefited from global funds' waning appetite for China

RIL hits new high, m-cap nears Rs 20 trn mark; Chart hints further upside

Reliance Industries hit a high of Rs 2,950 in intra-day deals on Friday, while the market capitalisation stood at Rs 19.96 trillion at the highest point of the day.