Page 1181 - Markets News

Metal stocks show mettle; Index jumps over 3% led by SAIL, Tata, JSW Steel

Adani Enterprises, Vedanta, Hindustan Copper, Hindustan Zinc, NMDC, and Nalco were trading higher in the range of 0.2 per cent to 2 per cent

RBI's new rule on exchange-traded rupee derivatives confuses brokers

Reserve Bank of India (RBI) in a Jan. 5 circular said that stock exchanges may offer forex derivative contracts involving the rupee to users "for the purpose of hedging contracted exposure"

L&T gains nearly 4% on commissioning its first Hydrogen electrolyser

The electrolyser will now undergo rigorous testing in the coming weeks to optimise its performance, the company said

Suven Pharma soars 13% on announcing merger of Cohance Lifesciences

As per the amalgamation arrangement, Cohance shareholders to get 11 shares of Suven for every 259 shares of Cohance held by them.

Stock of this music company has zoomed 250% in last 10 months

Shares of Tips Music had hit a record high of Rs. 530.95 on Thursday, February 29

Landmark Cars wins MG Motors dealership in Ujjain; stock rallies 9%

After Indore and Bhopal, this is Landmark's third MG dealership in the state of Madhya Pradesh

M&M hits new high on strong Feb auto sales; soars 20% in 1 month

The company reported a healthy 24 per cent YoY growth in total auto sales at 72,923 vehicles for the month of February 2024.

CG Power surges 11% as JV to set up Rs 7,600-cr semiconductor unit

The Cabinet, on Thursday, approved the setting up of three semiconductor plants including CG India's. The construction of these plants will start in the next 100 days

Stocks to watch: Paytm, Tata Group, Airtel, Biocon, Suven, Vedanta, L&T

Stocks to watch on March 1, 2024: L&T has commissioned its first hydrogen electrolyser at the green hydrogen plant at Hazira, Gujarat

F&O strategy: Bull spread recommended on UBL for March series

Nandish Shah of HDFC Securities recommends to Buy UBL 1700 CALL and simultaneously Sell 1800 CALL for the March expiry.

RIL-Disney 'game-changing' deal gets a thumbs-up from analysts

The development will be negative for other players such as Zee, analysts said, who will now have to compete with a much larger entity

Power Grid Corporation's prospects factored in at current valuations

For FY25, the planned capex is at Rs 15,000 crore, up from earlier guidance of Rs 12,500 crore, alongside capitalisation of Rs 17,000 crore for FY25

Turning cautious: Retracing market volatility in February, shows data

The Nifty Smallcap 100 and the Nifty Midcap 100 posted their first monthly loss after three months, even as the benchmark Sensex and the Nifty managed to eke out 1 per cent gain

FPI inflows remain muted in February amid high valuations, shows data

Overseas funds seen favouring less expensive Korea, Taiwan markets

Tractor stocks may have bumpy ride in near-term; stay selective: Analysts

Volumes in the tractor segment for the last three quarters of the current financial year (9MFY24) have remained weak

Madhabi Puri Buch's 2nd yr in office: Pivoting towards a balanced approach

Buch-who oversees India's $4.7 trillion equities market-doesn't plan to rest on her laurels and has set out an ambitious goal such as moving towards instantaneous settlement cycle for secondary market

Govt bond yields fall for 4th consecutive month as favourable budget aids

The benchmark 10-year yield ended at 7.0764%, after closing at 7.0663% on Wednesday. The yield declined seven basis points in February, after falling 21 basis points in November-January

Sebi bans 12 cos from securities market for V Marc stock manipulation

The regulator impounded wrongful gains of Rs 6.38 crore made by some of the entities from the manipulative scheme, according to an interim order

Nifty ends Feb F&O series below 22K; broader indices shine; PSB index up 2%

Stock market highlights on Thursday, February 29: Among sectors, the Nifty Media index closed with losses of 0.76 per cent. On the upside, the Nifty PSU Bank index eked out gains of 1.8 per cent

Triveni Turbine hits new high; zooms 41% in 18 days post Q4 results

A combined 8.98 million equity shares representing 2.8 per cent of total equity of the company changed hands on the NSE and BSE.