Page 1178 - Markets News
Stocks to Watch today, Nov 16: TCS, Bajaj Fin, RateGain, ONGC, Dabur, Paytm
Stocks to Watch on Thursday, November 16, 2023: The RBI has asked Bajaj Finance to stop sanctioning and disbursal of loans under 'eCOM' and 'Insta EMI Card' segments with immediate effect
 "Stocks to Watch today, Nov 16: TCS, Bajaj Fin, RateGain, ONGC, Dabur, Paytm")
Gold prices rise Rs 410, silver jumps Rs 1,700; oil dips below $82
The precious metal had closed at Rs 60,800 per 10 grams in the previous trade
 "Gold prices rise Rs 410, silver jumps Rs 1,700; oil dips below $82")
Cube Highways Trust declares distribution of Rs 2 per ordinary unit for Q2
"We are pleased that the positive momentum continues and Q2 distribution is on track," Cube InvIT group CFO Pankaj Vasani said
 "Cube Highways Trust declares distribution of Rs 2 per ordinary unit for Q2")
IndusInd Bank, Suzlon Energy among nine firms added to MSCI India Index
There are nine additions to the MSCI India index, and the changes in constituents will take place on the close of November 30, 2023, it said
 "IndusInd Bank, Suzlon Energy among nine firms added to MSCI India Index")
Equity investors become richer by Rs 3.29 trn as markets rally over 1%
The market capitalisation of BSE-listed firms rallied Rs 3,29,520.27 crore to reach Rs 3,25,40,108.97 crore
 "Equity investors become richer by Rs 3.29 trn as markets rally over 1%")
Easing inflaton lifts Sensex 742 pts, Nifty atop 19,650; Realty, IT lead
Closing Bell on November 15, 2023: Tech M, Wipro, Tata Steel, Infosys, Tata Motors, JSW Steel, TCS, Reliance Industries, Axis Bank, ITC, HCL Tech, and HDFC Bank were top Sensex gainers
 "Easing inflaton lifts Sensex 742 pts, Nifty atop 19,650; Realty, IT lead")
Siemens rises 4% as German parent to buy additional 18% stake for $2.28 bn
Siemen AG's total stake in its Indian arm will jump to 69 per cent from 51 per cent at present
 "Siemens rises 4% as German parent to buy additional 18% stake for $2.28 bn")
Nifty Realty soars 84% from March low; Prestige, Lodha rally 100% in 7 mths
In Wednesday's trade, Nifty Realty rose 3 per cent to Rs 683.30, which was also its highest level since September 8, 2008
 "Nifty Realty soars 84% from March low; Prestige, Lodha rally 100% in 7 mths")
India set for as much as $1.5 billion inflows with MSCI changes: Report
Nine stocks, including private lender IndusInd Bank Ltd. and wind-turbine maker Suzlon Energy Ltd., will be added to MSCI's global standard gauge on Nov. 30
 "India set for as much as $1.5 billion inflows with MSCI changes: Report")
Easing inflation, US yields: Key reasons why Sensex, Nifty rallied on Wed
Analysts said the recent inflation reading in the US suggests the Fed may be done with rate hikes and the timeline for rate cuts in 2024 could be sooner than expected
 "Easing inflation, US yields: Key reasons why Sensex, Nifty rallied on Wed")
HPCL, BPCL, IOCL: OMCs rally up to 23% in Nov; will they sustain the gains?
Drop in crude oil prices and a bumper profit in Q2 has fuelled the rally so far in oil marketing companies.
 "HPCL, BPCL, IOCL: OMCs rally up to 23% in Nov; will they sustain the gains?")
Stock of this private defence company has zoomed over 100% in one month
Shares of Apollo Micro Systems hit a new high of Rs 133.90, and were locked at the 10% upper circuit on the BSE, on strong earnings and healthy business outlook.
 "Stock of this private defence company has zoomed over 100% in one month")
India's weightage climbs to highest level on MSCI Global Standard index
This marks "a significant increase over the past three years, almost doubling its weight," Nuvama Alternative & Quantitative Research said in a note
 "India's weightage climbs to highest level on MSCI Global Standard index")
Manappuram Finance surges 10%, nears 52-week high on strong Q2 results
The average trading volumes on the counter jumped over seven-fold with a combined 27.08 million equity shares having changed hands on the NSE and BSE till 10:25 AM
 "Manappuram Finance surges 10%, nears 52-week high on strong Q2 results")
Crude oil gains on China economic data, strong demand expectation
Brent futures rose 20 cents, or 0.2%, to $82.67 a barrel by 0427 GMT, while U.S. West Texas Intermediate (WTI) crude rose 15 cents, also 0.2%, to $78.28
 "Crude oil gains on China economic data, strong demand expectation")
Tata Motors up 1% on announcing IPO date for Tata Tech; DVR hits new high
Tata Technologies' initial public offering (IPO) will open for subscription on November 22
 "Tata Motors up 1% on announcing IPO date for Tata Tech; DVR hits new high")
ASK Automotive makes decent debut, lists at 8% premium to its issue price
Shares got listed at Rs 304.90, an 8 per cent premium against the issue price of Rs 282 per share on the BSE on Wednesday
 "ASK Automotive makes decent debut, lists at 8% premium to its issue price")
Can Dabur hold its long-term 15-year old support? Chart check here
Dabur has been trading with a negative bias for more than a month, further its alleged involvement in the illlegal betting app may dent sentiment. However, support at Rs 517 is the key, shows chart.
 "Can Dabur hold its long-term 15-year old support? Chart check here")
UBS Group is calling time on Indian stocks' outperformance over China
Stocks in China have currently priced in "lots of negatives," making them poised for a sharp rebound when catalysts arrive, said Sunil Tirumalai, UBS' global emerging market strategist
MSCI Global Index rejig: IndusInd Bank, Tata Motors, Suzlon get added
The changes in MSCI Global Standard Indexes' constituents will be effective at the close of November 30 trading day