Page 1126 - Markets News
Mcap of BSE-listed firms hit Rs 400 trn milestone after rally in equities
The market capitalisation of BSE-listed firms had hit the Rs 300 trillion mark in July last year.
 "Mcap of BSE-listed firms hit Rs 400 trn milestone after rally in equities")
Building materials B2B e-comm segment heats up; JSW One prepares for IPO
JSW One prepares for IPO, Birla Pivot eyes $1 bn revenue in next three years
 "Building materials B2B e-comm segment heats up; JSW One prepares for IPO")
After Bitcoin surge, crypto venture capital creeps toward comeback: Report
VC investment in crypto startups reached $2.5 billion during the first quarter of 2024, a 32% increase from the last quarter and roughly even with the same period last year
 "After Bitcoin surge, crypto venture capital creeps toward comeback: Report")
Sebi cracks whip on finfluencer, orders to impound Rs 12 cr 'unlawful gain'
It has been directed to deposit the amount to an interest-bearing escrow account created specifically for the purpose in a nationalised bank
 "Sebi cracks whip on finfluencer, orders to impound Rs 12 cr 'unlawful gain'")
Stock Market Highlights, April 8: Sensex soars 494 pts, ends above 74,700 for 1st time; Nifty closes at 22,666; Maruti rises 3%, RIL 2%
Stock market updates on Monday, April 8, 2024: In the broader markets, the BSE MidCap and SmallCap indices closed mixed with the former up 0.26 per cent, but the latter down 0.06 per cent
 "Stock Market Highlights, April 8: Sensex soars 494 pts, ends above 74,700 for 1st time; Nifty closes at 22,666; Maruti rises 3%, RIL 2%")
Gland Pharma soars 7% on USFDA approval for breast cancer drug
The Eribulin Mesylate injection is indicated for treating patients diagnosed with metastatic breast cancer (mBC) who have undergone at least two rounds of chemotherapy for managing metastatic disease
 "Gland Pharma soars 7% on USFDA approval for breast cancer drug")
Dabur India hits 52-week low in firm market on sluggish demand in Q4
In past three days, Dabur has 5.5 per cent after the company said its consolidated revenue in Q4 is expected to register mid-single digit growth.
 "Dabur India hits 52-week low in firm market on sluggish demand in Q4")
Godrej Prop up 8% as it sells over 1K homes in Gurugram for Rs 3,000 crore
Godrej Zenith is Godrej Properties largest residential project in Gurugram. Besides, it recorded a 473-per cent year-on-year increase in sales in Gurugram in FY24
 "Godrej Prop up 8% as it sells over 1K homes in Gurugram for Rs 3,000 crore")
Exide zooms 15%, hits new all-time high on heavy volumes; here's why
According to reports, Hyundai and Kia have entered into an agreement with Exide Energy for electric vehicle (EV) battery localisation in India.
 "Exide zooms 15%, hits new all-time high on heavy volumes; here's why")
HSBC helps overseas funds navigate India's bond market as inclusion nears
Investors have cited several obstacles to obtaining an onshore permit in India, including heavy documentation process, margin requirements for trading, barriers to freely move money out of the country
 "HSBC helps overseas funds navigate India's bond market as inclusion nears")
Info Edge zooms 10% post Q4 biz update; will March qtr nos support rally?
For the quarter ended March 2024, Info Edge reported standalone billings of Rs 826.9 crore, up 10.45 per cent year-on-year
 "Info Edge zooms 10% post Q4 biz update; will March qtr nos support rally?")
Pidilite, Nestle: Select stks in Rahul Gandhi's portfolio can dip up to 12%
As per an affidavit filed with the Election Commission of India, Rahul Gandhi's top stock holdings include Pidilite Industries, Bajaj Finance, Nestle, ITC, Hindustan Unilever and Tube Investments.
 "Pidilite, Nestle: Select stks in Rahul Gandhi's portfolio can dip up to 12%")
Aster DM rallies 10% as board to consider special dividend on April 12
Aster DM has fixed April 23, 2024 as the 'Record Date' for determining entitlement of the shareholders to the interim dividend for the financial year 2023-24 and special dividend
 "Aster DM rallies 10% as board to consider special dividend on April 12")
Stock of this shipbuilding company has zoomed over 100% in 5 months
Shares of Cochin Shipyard (CSL) hit a new high on Monday after the shipbuilder signed Master Shipyard Repair Agreement (MSRA) with the United States Navy.
 "Stock of this shipbuilding company has zoomed over 100% in 5 months")
Bandhan Bank tanks 9% as MD & CEO Ghosh announces retirement plan
Chandra Shekhar Ghosh, Managing Director and Chief Executive Officer (MD and CEO), who has led Bandhan Bank since 2015 said would retire after the completion of his tenure on July 9.
 "Bandhan Bank tanks 9% as MD & CEO Ghosh announces retirement plan")
Nifty50 in consolidation mode: Check key support, resistance levels here
It is advisable for traders to consider booking profits on upward price movements near the resistance level
 "Nifty50 in consolidation mode: Check key support, resistance levels here")
Stocks to Watch: Healthcare, Titan, UB, Wipro, Zee, Voda Idea, Adani group
Stocks to watch on Monday, April 08, 2024: Shares of healthcare related firms likely to be in focus as Manipal nears acquisition of Medica Synergie.
 "Stocks to Watch: Healthcare, Titan, UB, Wipro, Zee, Voda Idea, Adani group")
Street Signs: EPFO's equity gambit and unlocking IPO potential, and more
The initial public offering-related lock-up on shares is set to expire in the case of 13 companies this week
 "Street Signs: EPFO's equity gambit and unlocking IPO potential, and more")
FPIs jettison FMCG and auto shares during March voyage, shows data
FMCG sells short on hope; auto stocks rev up for profit pullback
 "FPIs jettison FMCG and auto shares during March voyage, shows data")
Sequential recovery to neutralise chemical companies' sales slump
Alchemy of revival: Early recovery catalysts blend with stable prices and eased supplier tensions
 "Sequential recovery to neutralise chemical companies' sales slump")