Page 1162 - Markets News

Nifty PSU Bank, Financial Services: Sell on rise strategy recommended

According to Ravi Nathani, an independent technical analyst, traders can consider to short the Nifty PSU Bank index with a stop at 5,825.

Bull run takes Sensex valuation to 2-yr high; earnings per share decline

The Sensex valuation has witnessed a significant increase in the past two months

Bharat Forge riding high on its domestic business, stock price up 39.3%

The rally has been driven by investors' expectations of continued growth in Bharat Forge's bread-and-butter business of automotive forgings and a faster ramp-up of volumes in its newer segments

Motisons makes a strong debut; Muthoot, Suraj Estate list at a discount

Motisons plans to utilise the funds raised through the IPO to repay debts and fund its working capital requirements

Infosys dips 2% on termination of $1.5 bn multi-year deal with global firm

On September 14, 2023, Infosys had announced the signing of a $1.5 billion deal with a global company (which they had not named).

BEL soars 6% on order wins of Rs 3,351 crore; joins top 50 market-cap club

In the past one month, BEL has outperformed the market by surging 31 per cent as the company has bagged orders worth of Rs 12,230 crore so far in the month of December

Broad-based profit growth make the case of actively managed funds in 2024

Active largecap funds post improved performance in 2023, mid and smallcaps stumble

Sensex gains 230 pts; Suraj Real Estate drops 7%, Adani Green rallies 5.5%

Closing Bell on December 26, 2023: On the downside, the Nifty Media index fell 0.58 per cent, and the Nifty IT shed 0.4 per cent

This railway related stock has zoomed over 90% thus far in December

Shares of Oriental Rail Infrastructure were locked at upper circuit for the eight straight day on the BSE backed by heavy volumes.

Muthoot Microfin lists at 5% per cent discount against issue price

The stock listed at Rs 275.30, down 5 per cent when compard with its issue price of Rs 291 on the NSE.

Motisons lists at 98% premium; freezes in 5% lower circuit on profit taking

The stock listed at Rs 109, up 98 per cent over its issue price of Rs 55 per share on the National Stock Exchange (NSE)

Suraj Estate debuts on a shaky note; lists at 6% discount to issue price

The stock listed at Rs 340, a 6 per cent discount to issue price of Rs 360 per share on the National Stock Exchange.

Nifty, Bank Nifty enter consolidation phase; Key levels to watch out

According to Ravi Nathani, an independent technical analyst, the Nifty may swing in the range of 21,600 - 20,940.

Stocks to Watch today: Paytm, Adani Wilmar, ONGC, Lupin, Kalyan Jewellers

Stocks to watch on Tuesday, December 26, 2023: Muthoot Microfin and Suraj Estate Developers to debut on the bourses today.

2023 sees record Rs 8.8 trn corp bond, NCD issuances amid favourable market

Market participants said the corporate bond market showcased resilience and promise in 2023

Small stocks lead D-St on bull run in 2023, give big returns to investors

Analysts attributed better domestic macroeconomic fundamentals and the confidence of retail investors as the major drivers for the exuberance in equity markets this year

FPI gross purchases hit a high in 2023 on strong earnings, economic growth

Foreign portfolio investors were net sellers in the first two months of 2023 but turned buyers in March amid moderating valuations

Market holiday: BSE and NSE to remain closed today on account of Christmas

Indian exchanges like NSE, BSE, MCX, and the bond market will remain shut on the account of Christmas, this is the last market holiday on a trading day in this calendar year

FPIs pour Rs 57,300-cr in equities in Dec on account of political stability

According to the data, FPIs made a net investment of Rs 57,313 crore in Indian equities in this month (till December 22). This was the highest monthly inflow by them in a year.

Ola Electric's Rs 5,500 cr IPO to bolster its EV market, say experts

There are two discernible trends in the competitive electric two-wheeler market