Page 1200 - Markets News
Balu Forge zooms 18%, nears record high on robust Sept quarter results
Investor Ashish Kacholia held a 2.11 per cent stake in Balu Forge as of October 6, 2023, the shareholding pattern data shows
 "Balu Forge zooms 18%, nears record high on robust Sept quarter results")
Vodafone Idea up 12%, hits 21-month high on hopes of equity infusion by Dec
A combined 774 million equity shares, representing 1.6 per cent of total equity of Vi, changed hands on the NSE and BSE till 12:57 PM
 "Vodafone Idea up 12%, hits 21-month high on hopes of equity infusion by Dec")
Jindal Steel & Power hits over 3-month low, slips 7% post Q2 results
Analysts at Prabhudas Lilladher cut FY24/25E Ebitda estimates by 9 per cent/7 per cent on higher coking coal price assumption and delays in capacity addition
 "Jindal Steel & Power hits over 3-month low, slips 7% post Q2 results")
Stock of this wealth management company has zoomed 139% in 4 months
Shares of Anand Rathi Wealth hit a new high of Rs 2,075, surging 9% in Wednesday's intraday. It has zoomed 196% thus far in the calendar year 2023
 "Stock of this wealth management company has zoomed 139% in 4 months")
Blue Jet Healthcare makes decent debut; lists 10% higher over issue price
The stock listed at Rs 380, a 10 per cent premium over its issue price of Rs 346 per share on the NSE
 "Blue Jet Healthcare makes decent debut; lists 10% higher over issue price")
Nifty Auto, FMCG indices trading range-bound; check breakout levels here
A closing above 51,480 for Nifty FMCG index would indicate a potential surge in buying activities, encouraging traders to consider selling near this mark
 "Nifty Auto, FMCG indices trading range-bound; check breakout levels here")
Stocks to Watch: Bharti Airtel, L&T, Tata Motors, Ethos, Blue Jet, Mankind
Stocks to watch on November 1, 2023: Bank of Baroda's head of digital lending, Akhil Handa, a techie closely associated with building the mobile banking application 'bob World', has quit
 "Stocks to Watch: Bharti Airtel, L&T, Tata Motors, Ethos, Blue Jet, Mankind")
GNFC, Canara Bank strong on charts; top technical picks by HDFC Securities
As per Vinay Rajani, in the October series, GNFC has seen a long build-up in the derivative segment, which confirms the uptrend
 "GNFC, Canara Bank strong on charts; top technical picks by HDFC Securities")
Sebi confirms market ban on 22 entities in stock manipulation case
The watchdog noted that the liability for the illegal gain made by each entity to this order shall be borne by them individually
 "Sebi confirms market ban on 22 entities in stock manipulation case")
Analysts flag caution on Mamaearth IPO: Here's why
Mamaearth IPO: Analysts suggest avoiding the IPO as the company's financial performance and growth strategy do not inspire confidence
 "Analysts flag caution on Mamaearth IPO: Here's why")
Sebi provides option for InVITs to meet public unitholding requirement
In a circular, Sebi said it is providing an additional method for privately placed InvITs to achieve the minimum public unitholding requirement
Voting matters: Shareholder dissent is moderating, says PRIME Database
The data-tracking firm analysed resolutions voted on during AGMs, EGMs, and court-convened meetings between April 1 and September 30, 2023
 "Voting matters: Shareholder dissent is moderating, says PRIME Database")
APL Apollo, Tata Motors, Lodha seen getting added to MSCI indices
An analysis by IIFL Securities, shows APL Apollo could see inflows worth $195 mn from passive trackers, followed by Tata Motors ($134 mn) and Lodha ($128 mn)
 "APL Apollo, Tata Motors, Lodha seen getting added to MSCI indices")
October tremors: Nifty posts worst decline in 10 months, shows data
The Nifty fell 2.8 per cent in October, and the Sensex by 3 per cent, their biggest fall since December 2022
 "October tremors: Nifty posts worst decline in 10 months, shows data")
Sensex slides 238 pts, Nifty below 19,100; pvt banks, Airtel, RIL weigh
Closing Bell on Tuesday, October 31: The broader markets saw some action with the BSE MidCap index rising 0.29 per cent and the BSE SmallCap index 0.02 per cent
 "Sensex slides 238 pts, Nifty below 19,100; pvt banks, Airtel, RIL weigh")
Apollo Micro hits new high on heavy volumes; stock zooms 34% in 5 days
In the past five trading days, the stock soared 34% after the company entered into Term Loan (TL) Agreement with Bajaj Finance to avail credit facilities in the form of TL up to Rs 15 crore
 "Apollo Micro hits new high on heavy volumes; stock zooms 34% in 5 days")
India sitting on tsunami of equities; Nifty to double in 5 years: Raamdeo
BS BFSI Insight Summit 2023: India is an extremely well explored market. What concerns me is buying a stock at a reasonable valuation, he said
 "India sitting on tsunami of equities; Nifty to double in 5 years: Raamdeo")
Broking shares rally up to 20%; Emkay, Nuvama, Angel, MOFSL hit 52-wk highs
Emkay Global zoomed 20% to Rs 107.49, its highest level since May 2022 on the BSE, after reporting a consolidated PAT of Rs 9.69 crore in Q2FY24 against a loss of Rs 1.78 crore in Q1FY24
 "Broking shares rally up to 20%; Emkay, Nuvama, Angel, MOFSL hit 52-wk highs")
Stock of this exchange and data platform firm has zoomed 114% in 9 weeks
Shares of BSE hit a new high of Rs 1,945.90 today and have rallied 23% in the past six days after revision in transaction charges for Sensex Options, effective from November 1
 "Stock of this exchange and data platform firm has zoomed 114% in 9 weeks")
KPIT Tech hits record high, surges 11% after raising FY24 growth outlook
KPIT increased FY24 CC growth outlook to 37%+ from 27%-30% earlier and EBITDA outlook increased to 20%+ from 19%-20% earlier.
 "KPIT Tech hits record high, surges 11% after raising FY24 growth outlook")