Page 1196 - Markets News

Tata Motors hits new high; up 2% after setting price band for Tata Tech IPO

Analysts have a positive view on Tata Motors primarily tracking guidance of record profitability and cash flow generation at JLR for FY24E, strong intent to become net debt free (auto) by FY25E.

Welspun Corp scales new peak on future growth plans; up 200% in 9 months

So far in November alone, the stock has rallied 29 per cent as against around 3 per cent gain on the Sensex.

Tata Technologies sets Rs 475-500 as price band for Rs 3,043-crore IPO

According to reports, the price is about about 47 per cent lower than its price in the unlisted market where the stock currently trades at Rs 950 per share

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

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

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

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

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

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

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

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

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

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

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.

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.

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

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

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

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

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