Page 1172 - Markets News

CMS Info Systems drops 7% after 43 mn shares change hands via block deal

The shares, however, were quick to recover from their lows to trade just 1 per cent lower (at Rs 393 per share) at 10:05 AM.

Paytm exhibits volatility day after Vijay Shekhar Sharma exits PPBL board

Vijay Shekhar Sharma on Monday stepped down as part-time non-executive Chairman of Paytm Payments Bank Limited (PPBL).

Stocks to watch: Paytm, Voda Idea, CMS Info, Canara Bank, Andhra Cements

Stocks to watch on February 27, 2024: Vodafone Idea is likely to raise equity from new investors, diluting the stakes of existing shareholders when its board meets today

Nifty PSU Bank, Financial Services Indices may exert downward pressure

According to Ravi Nathani, an independent technical analyst, Nifty Financial Servies Index can be short with a stop at 20,800, while selling pivot for the PSU Bank index stands at 7,136.

Subhash Chandra 'not cooperating' with investigation, says Sebi

SAT to hear the matter next on March 8, gives 10 days to Sebi to file reply

Strong Q4 powers ABB India, but near-term positives seem priced-in

ABB India (ABB) has leveraged demand from quality players to manage deeper penetration across market segments and localisation has helped cut costs, leading to better margins

Paints shares lose sheen post Birla Opus launch; Asian Paints at 10-mth low

CLSA downgrades Asian Paints to 'sell'

Fundraising via QIPs gain traction as India Inc looks for growth capital

Supportive markets, robust growth outlook ensure adequate demand for new paper supply

Paytm up 5%: Here's why foreign brokerages remain bullish on the stock

Analysts at Goldman Sachs, Bernstein and Morgan Stanley believe that Paytm can rally up to 75 per cent in a bull case scenario

Mkt regulator Sebi warns investors against fraudsters claiming to be FPIs

This is the second caution against fraudsters in this month. This follows several complaints regarding such activities and entities

Supreme Court issues notice in Chitra Ramkrishna's dark fibre case

The court has directed Ramkrishna to deposit half of the Rs 25 lakh penalty to stay the operation of the SAT order. The case will likely be heard again in March

Sebi cautions against fraudulent trading platforms offering FPI route

Under the rule, FPI investment route is unavailable to resident Indians, with limited exceptions as outlined in the Sebi's FPI Regulations

Sensex drops 533 pts in broad selling; IT, metals worst hit; VIX jumps 4%

Stock market highlights on Monday, February 26, 2024: The Nifty50 shut shop at 22,122, down 91 points or 0.41 per cent. The mid, small-cap indices fell up tp 0.3 per cent.

Zaggle Prepaid more-than-doubles over issue price amid solid order inflow

Shares of Zaggle Prepaid Ocean Services zoomed 16.7 per cent to Rs 335.15 per share, also its all-time high, on the BSE on Monday amid robust business outlook

Alkem Labs sinks 14% to 3-month low on reports of tax evasion of Rs 1000 cr

Alkem Labs sinks on reports of tax evasion: The stock sank to an intra-day low of Rs 4,653 as of 1:15 pm on BSE, its lowest since December 5 when it closed at Rs 4,652

Adani Energy, Ambuja Cements: Adani group shares trade firm in weak market

Adani Enterprises and Adani Green Energy have touched their respective 52-week highs in intra-day trade today.

PB Fintech zooms 9%, hits 52-week high in weak market; stock up 41% in 2024

PB Fintech Ltd, turned profitable for the first time in the October to December quarter with a profit after tax of Rs 37.2 crore

Rain Industries tumbles 11% on Q4 loss

Rain Industries reported a net loss of Rs 1,118.80 crore for the December quarter, while revenue from operations declined over 24% to Rs 4,101 crore.

SpiceJet rallies over 4% as it settles dispute with Celestial Aviation

With this, aircraft lessor Celestial Aviation, that had demanded unpaid dues of $30 million, is expected to withdraw its insolvency plea against the carrier

Data Patterns surges 24% in 3 days after govt eases space FDI norms

Since February 16, in past eight trading days, the market price of Data Patterns has zoomed 37% after the Singapore sovereign wealth fund GIC acquired over 6% stake valued at Rs 650 crore.