Page 1165 - Markets News

Portfolio, new launches to help pharma company Abbott India's stock

Firm's revenues were in line with estimates and operational parameters better than expected

Stock of this SME IPO has zoomed 240% against issue price in two weeks

Rudra Gas shares were locked in 10% upper circuit at Rs 214.39, bouncing back 22% from its intraday low, after the company received two orders from HPCL amounting to Rs 9.96 crore

Zee Entertainment tanks 10% in 2 days, stock nears 52-week low

The counter saw heavy volumes of around 35.64 million equity shares changing hands on the NSE and BSE till 11:09 am on Thursday

Venus Pipes soars 9% to new high on foray into fittings, capex of Rs 175 cr

Both the fittings business and the new product line of stainless and titanium welded tubes will be high-teens margin businesses, as per the company

Reliance gains 2% on forming $8.5 bn JV with Disney merging India media ops

As part of the transaction, the media undertaking of Viacom18, a RIL group company, will be merged into Star India Private, a Disney-owned firm

FDI inflows decline 13% to $32 billion in Apr-Dec 2023, shows data

FDI inflows stood at $36.74 billion during the corresponding nine months of the preceding fiscal

RIL-Disney deal: What do charts suggest for media & entertainment stocks?

A day after Reliance, Viacom18 and Disney announced a mega joint venture, RIL traded firm, while shares of TV18 group hit the 5% lower circuits. Here's a quick chart check.

Shriram Finance rallies 5% as stock is set to enter Nifty50 from March 28

Shriam Finance will replace UPL in the benchmark index, NSE said in a circular on Wednesday after market hours

GPT Healthcare makes good market debut; stock lists 16% over issue price

t 10:03 AM, GPT Healthcare was trading at Rs 205.65, 5 per cent lower than its listing price and 11 per cent higher against its issue price

Stocks to watch: Reliance, Coal India, BHEL, Shriram Finance, UPL, Jio Fin

Stocks to Watch on February 29, 2024: Under the NSE index rejig, Shriram Finance will replace UPL in the Nifty50 index with effect from March 28, 2024

Nifty Auto index seen in downtrend, Energy range-bound; suggest charts

According to Ravi Nathani, an independent technical analyst, the Nifty Auto index can dip to 20,200 and 19,850 levels in the near term.

Sales of listed private non-financial firms rose 5.5% in Q3: RBI data

Among the major industries, sales of chemical companies declined 13.5 per cent, excluding which sales growth of manufacturing companies stood at 6.4 per cent

Is it a good time to buy stocks, or will the markets correct further?

On the global front, analysts expect the 'higher for longer' narrative as regards interest rates to play out for some more time as leading global central banks remain in a wait-and-watch mode

Equity investors make best returns amid falling interest rates: UBS

Based on free-float market capitalisation in the FTSE All-World index, which spans the investable universe for a global investor, the US market accounts for a staggering 60.5 per cent of total value

Sebi proposes further exemptions of granular disclosures for select FPIs

It is proposed that disclosure exemption will be given only if the composite holding of all such FPIs in the group is less than three per cent of the total equity share capital

Sebi grants relief to investor Shankar Sharma, 4 others in Brightcom case

In the confirmatory order issued on Wednesday, the market watchdog revoked the bar on Sharma from selling his stake in the company after he submitted details of the transactions

Platinum Industries IPO subscribed 22.19 times on second day of offer

The Rs 235 crore-initial share sale received bids for 21,37,42,644 shares against 96,32,988 shares on offer, as per NSE data

Juniper Hotels lists at Rs 365 against issue price of Rs 360

Juniper Hotels made a quiet debut on the bourses on Wednesday, listing at Rs 365 -- a 1.4 per cent premium over its issue price of Rs 360 per share

Equity investors make best returns when interest rates decline: UBS

Equities have dominated bonds, while bonds have outperformed treasury bills

State govt bonds to yield better returns under new investment regime

Under the new norms, banks must categorise bonds as "held-to-maturity" on a permanent basis, with the exception of 5 per cent of the portfolio that can be withdrawn throughout the year