Page 1200 - Markets News

Indian bond traders await fresh supply of debt, yields turn flattish

India's benchmark 10-year yield was at 7.0808% as of 10:00 a.m. IST, following its previous close of 7.0789%

Stocks to Watch today, Feb 9: LIC, Zomato, Airtel, Paytm, Hero Moto, ZEE

Stocks to Watch on Friday, February 9, 2024: LIC of India reported a 49.10 per cent year-on- year (Y-o-Y) growth in net profit, at Rs 9,444.4 crore, during Q3FY24

F&O strategy: Bull spread on Bank Nifty for the weekly expiry

Nandish Shah of HDFC Securities recommends to Buy Bank Nifty 45000 PUT and simultaneously sell 44500 PUT of the 14-Feb expiry.

Divergent trend seen in Nifty FMCG, Metal and Realty; check key levels

According to Ravi Nathani, an independent technical analyst, the Nifty FMCG exudes a bullish short-term trend; while the Metal and Realty indices suggests a sell strategy.

Sebi debars TV experts and research analysts for 'stock manipulation'

Experts shared recommendations to certain entities before broadcast; Wrongful gains pegged at Rs 7.5 crore

Sensex, Nifty dip 1% as RBI keeps repo rates unchanged for the sixth time

RBI Governor Shaktikanta Das said that it was premature to talk about rate cuts until there's evidence inflation will be kept firmly around the target level

LIC surges 10%; storms into top-5 most-valued club as m-cap tops Rs 7 trn

LIC with a market cap of Rs 7.24 trillion overtook Infosys to break into the top-5 club; Stock has gained 38 per cent in the last one month.

Warburg Pincus divests 8.4% stake in Kalyan Jewellers for Rs 2,937 crore

The US-based Warburg Pincus through its arm Highdell Investment Ltd sold shares of Kalyan Jewellers India on the National Stock Exchange (NSE) and the BSE

Sebi tweaks pricing method for institutional placement by private InvITs

Under the new guidelines, privately placed InvITs can undertake institutional placement based on net asset value (NAV) of InvIT's assets

Capital Small Finance Bank IPO subscribed 1.19 times on day two of bidding

Those selling shares in the OFS include Oman India Joint Investment Fund II, American Capital, and Amicus Capital Private Equity

Rupee settles on flat note at 82.96 after RBI monetary policy decision

Forex traders said a negative trend in domestic equities weighed on investor sentiments

RBI policy, selling in ITC drag Sensex 724 pts, Nifty near 21,700

Stock market highlights on February 8, 2024: The Nifty PSU bank index climbed 2 per cent, while the Nifty Private Bank index fell 2.5 per cent. Individually, Paytm, and ITC crashed up to 10 per cent

ITC hits over 8-month low, slips 5% as BAT mulls partial stake sale

The company's largest shareholder, British American Tobacco (BAT) holds 29.03 per cent stake in ITC

HDFC Bank, Axis Bank: Why banks have taken a beating post the RBI policy?

A status quo on interest rate meant lenders may have to either hold or raise rates further in a bid to mobilise higher deposits

Rate sensitive shares trade mixed post RBI policy; SBI surges 6%

The Reserve Bank of India's Monetary Policy Committee (RBI MPC) on Thursday decided to keep the repo rate unchanged at 6.5 per cent for the sixth consecutive time.

Trent rallies 27% in two days, hits new high on stellar Q3 results

The brokerage firm Motilal Oswal Financial Services has reiterated a 'buy' rating on the stock with a target price of Rs 4,200.

This bank has zoomed over 90% in 4 weeks; became 2nd most valuable PSB

With a market cap of Rs 1.43 trillion, IOB currently stands ahead of Punjab National Bank (Rs 1.38 trillion) and Bank of Baroda (Rs 1.29 trillion).

Lupin soars 7%, trades at highest level since Aug 2016 on strong Q3 results

The company's profit jumped nearly 300 per cent to Rs 613 crore for the December 2023 quarter from a year ago period.

Stocks to Watch today, Feb 8: Banks, Auto, Zomato, Adani Ports, LIC, TCP

Stocks to Watch on Thursday, February 8: Shares of banking and finance, auto, housing, and real estate will be in focus as the Reserve Bank of India is set to announce the decision of it's MPC meeting

Nifty Energy, Pharma: Trading strategies for indices in overbought zone

A trade below 37,968 could prompt a stop-loss trigger for bullish positions on the Nifty Energy index, says Ravi Nathani, an independent technical analyst.