Page 1135 - Markets News
HPCL, BPCL, IOCL: Here's why Morgan Stanley thinks OMC stocks can flare up
The S&P BSE Oil & Gas index has been an outperformer, surging nearly 20 per cent in CY24 as compared to the S&P BSE Sensex that has lost around 1 per cent during this period, shows data
 "HPCL, BPCL, IOCL: Here's why Morgan Stanley thinks OMC stocks can flare up")
Sebi issues guidelines for returning draft document of public issues
Sebi has asked to avoid legal and technical terminology and also directed to clarify technical and complex terms used to explain the business of the issuer company in the document
 "Sebi issues guidelines for returning draft document of public issues")
'Around 27% finfluencer content sponsored,' shows research by CFA Institute
Last year, Sebi floated a proposal to restrict mutual funds, stock brokers, and other registered intermediaries from associating with finfluencers
 "'Around 27% finfluencer content sponsored,' shows research by CFA Institute")
Sensex surges 455 pts, Nifty tops 21,900; IT index jumps 3%, YES Bank 12%
Stock market highlights on February 6, 2024: The Nifty Auto, Metal, and Pharma added over 1 per cent each
 "Sensex surges 455 pts, Nifty tops 21,900; IT index jumps 3%, YES Bank 12%")
India to remain on alert for 'hot money' after bond index inclusion
The aim will be to "prevent volatility or volatile inflows" but "never" to restrict outflows, Somanathan said, adding that "all possibilities are open to keep volatility in check.
 "India to remain on alert for 'hot money' after bond index inclusion")
This PSU stock hit over 13-year high on Feb 6; zooms over 100% in 3 weeks
IFCI news: Shares of IFCI hit an over 13-year high of Rs 65.28, freezing at 5 per cent upper circuit on the BSE on Tuesday
 "This PSU stock hit over 13-year high on Feb 6; zooms over 100% in 3 weeks")
ChrysCapital looking to raise $300 million to maintain stake in NSE
Depending on how many investors opt in, ChrysCapital is expected to collect between $250 million and $300 million for the fund
 "ChrysCapital looking to raise $300 million to maintain stake in NSE")
TCS rallies 4%, hits lifetime high; market cap crosses Rs 15 trillion
In past one month, TCS has outperformed the market by surging 12 per cent on encouraging deal wins during October-December quarter (Q3FY24).
 "TCS rallies 4%, hits lifetime high; market cap crosses Rs 15 trillion")
Paytm rebounds 19% from record low amid heavy volumes
The stock hit a new low at Rs 395.50 in intra-day deals on Tuesday, and then rebounded into the positive zone for the first time in last four trading days.
 "Paytm rebounds 19% from record low amid heavy volumes")
BLS E-Services makes robust debut; zooms 140% over its issue price
The Rs 311 crore Initial Public Offer (IPO) of BLS E-Services had received a whopping 162.38 times subscription.
 "BLS E-Services makes robust debut; zooms 140% over its issue price")
LIC tops Rs 1,000-mark; Can rally another 13% suggests tech chart
The stock has rallied over 67 per cent since late November, and looks to be favourably placed on multiple time-frames as per the technical charts.
 "LIC tops Rs 1,000-mark; Can rally another 13% suggests tech chart")
Markets pricing in 400 seats for NDA in 2024 Lok Sabha elections: Analysts
The markets are already pricing in a victory for Modi-led National Democratic Alliance (NDA) in the upcoming general elections, and expect the alliance to achieve its 400-seat target, suggest analysts
 "Markets pricing in 400 seats for NDA in 2024 Lok Sabha elections: Analysts")
Goldman, Morgan Stanley bet on India stocks as Wall St shifts from China
Much of that cash is now heading for India, with Wall Street giants like Goldman Sachs Group Inc. and Morgan Stanley endorsing the South Asian nation as the prime investment destination
 "Goldman, Morgan Stanley bet on India stocks as Wall St shifts from China")
Stocks to Watch today, Feb 6:Paytm, BLS E-Services, Adani Power, ZEE, Nykaa
Stocks to Watch on Tuesday, February 6, 2024: Paytm has denied reports about investigation or violation of foreign exchange rules
 "Stocks to Watch today, Feb 6:Paytm, BLS E-Services, Adani Power, ZEE, Nykaa")
Should you buy or sell Nifty PSU or Pvt Banks? Here's what charts recommend
According to Ravi Nathani, an independent technical analyst, the Nifty PSU index is current exhibiting a range-bound pattern; whereas Pvt Bank seems weak.
 "Should you buy or sell Nifty PSU or Pvt Banks? Here's what charts recommend")
GAIL's stronger-than-expected Q3FY24 performance may be priced in
The management claimed improved realisation was key and higher petrochemical sales, improved marketing margins, and reduced petchem costs contributed to the good performance
 "GAIL's stronger-than-expected Q3FY24 performance may be priced in")
Q3 result, stake sale buzz: Here's how analysts expect SBI stock to perform
SBI news: Union Finance Minister Nirmala Sitharaman has reportedly said the government is open to the idea of disinvestment of equity stake in blue-chip public sector undertakings, including SBI
 "Q3 result, stake sale buzz: Here's how analysts expect SBI stock to perform")
LIC soars 6%, crosses the Rs 1,000-mark for the first time ever
The stock hit a new all-time high at Rs 1,028 amid a sharp rally in public sector undertaking (PSU) stocks
 "LIC soars 6%, crosses the Rs 1,000-mark for the first time ever")
BSE Q3FY24 results: Net profit more than doubles to Rs 108.2 crore
The bourse's revenue surged to Rs 431.5 crore in the third quarter of FY24 from Rs 245 crore reported a year ago
 "BSE Q3FY24 results: Net profit more than doubles to Rs 108.2 crore")
Rupee ends weaker on dollar demand from oil firms, higher US bond yields
The rupee ended at 83.0550 against the U.S. dollar, lower by 0.17% compared to its close of 82.9175 in the previous session
 "Rupee ends weaker on dollar demand from oil firms, higher US bond yields")