Page 1199 - Markets News

Markets rebound after Fed holds rates steady; Sensex rises 490 points

US bond yields retreat on signs the Federal Reserve may be done with tightening

Demand for 50-year government bond seen firm from insurance firms

Rupee and bond gain post dovish stance by FOMC

Mamaearth parent Honasa Consumer IPO subscribed nearly 7.6 times

The qualified institutional buyer portion of the issue was subscribed 11.5 times, with over 80 per cent of the bids coming from overseas investors

Alternative investment funds hope for Sebi leeway, clear demat guidelines

Say working with depositories on transition from physical to electronic

More cos have managed to beat profit estimates in Q2FY24: ICICI Securities

This has led to an upward revision in earnings growth estimates for FY24 as well as FY25

Dovish Fed unleashes market bulls; Sensex zooms 490 pts, Nifty tops 19,100

Closing Bell on Thursday, November 02: Jerome Powell's comment that "despite elevated inflation, the longer term inflation expectations remain well anchored" was taken by the markets as dovish

Mamaearth IPO sails through despite falling GMP, low retail interest

At 2:20 PM, the issue was subscribed 5.6 times (5.6x) with QIB portion seeing subscription of 9.4x, followed by Employee portion at 4.34x. Retail investor portion stood at 91 per cent

SmallCap pharma stocks in focus; Bliss GVS, Lincoln, Solara zoom up to 20%

Bliss GVS Pharma zoomed 20% to Rs 100.90 with nearly 7.5% of total equity of the company changing hands on the NSE and BSE, till 01:55 PM

Stock of this SME telecom infrastructure company nearly doubles in 5 weeks

Shares of Bondada Engineering were locked in 10-per cent upper circuit after the company received five-year operations and maintenance (O&M) contract worth of Rs 381 crore from BSNL

REC rallies 9% on highest-ever quarterly profit in Q2; PFC surges 7%

REC in a public statement said the increase in profit was owing to the "improving asset quality, increase in lending rates and effective management of finance cost".

Realty index leaps to 15 yr-high; Lodha, Signature Global also at new peaks

Lodha hit a record high of Rs 805 on rallying 6 per cent on the National Stock Exchange (NSE) in intra-day deal today

JK Tyre up 14%, hits fresh high on strong Q2, capex plan of Rs 1,025 crore

JK Tyre's consolidated profit after tax jumped nearly five-fold to Rs 249 crore against Rs 50 crore in the year ago quarter

NSE announces timings for Muhurat Trading session 2023; full list here

Muhurat Trading session 2023: NSE announced that the stock market will be open for regular trading between 6:15 PM and 7:15 PM on November 12 on the occasion of Diwali

Stocks to Watch: Tata Steel, Hero Moto, Britannia, GAIL, JK Tyre, Ambuja

Stocks to watch on November 2, 2023: Two-wheeler manufacturer Hero Moto's consolidated net profit rose 47.6 per cent YoY to Rs 1,007 crore in the September quarter

Nifty Metal index looks weak on charts; Oil & Gas seems range-bound

Ravi Nathani, an independent technical analyst, recommends initiating short positions on rise on the Nifty metal index with a stop at 6,550.

Sharpline Broadcast case: Sebi modifies order against 15 individuals

In March this year, the regulator barred 24 entities from the securities market for manipulating the share prices of two companies through misleading videos on YouTube channels

NSE consolidated net profit surges 13% to Rs 1,999 crore in Sept quarter

Benchmark Nifty closed below the 19,000-mark once again as overseas funds continued to keep their foot on the selling pedal

Advance-decline ratio skids to 1.02 in October as FPIs step up selloff

The National Stock Exchange (NSE) Nifty Midcap 100 index fell 4.1 per cent, the most since June 2022

Rupee hits fresh closing low of 83.29 due to rise in dollar index

The previous all-time closing low for the rupee was 83.28 on October 16

Neogen Chemicals to raise Rs 253 cr through issue of preferential shares

The company informed that the Board of Directors considered and approved the allotment of 14,42,358 equity shares of face value of Rs 10 each at a price of Rs 1754.07 per share