Page 1207 - Markets News
Sensex sheds 802 pts, Nifty near 21,500; Bajaj Fin drops 5%,TaMo rises 3%
Stock market highlights on Tuesday, January 30: In the broader markets, the BSE SmallCap index clutched on to its gains as it ended 0.11 per cent higher
 "Sensex sheds 802 pts, Nifty near 21,500; Bajaj Fin drops 5%,TaMo rises 3%")
Maruti Suzuki Q3: Analysts expect profitability to weaken QoQ; here's why
Maruti Suzuki news: Analysts expect Q3 earnings to take a hit on a sequential basis on the back of adverse product mix and higher discounts offered during the December quarter.
 "Maruti Suzuki Q3: Analysts expect profitability to weaken QoQ; here's why")
Vedant Fashions hits 18-month low, slips 7% on weak outlook
According to the management, the overall performance in 9MFY24 got impacted due to significantly lower weddings nationally, general slowdown impacting consumer sentiments
 "Vedant Fashions hits 18-month low, slips 7% on weak outlook")
Bank of Baroda to report Q3FY24 results on Jan 31; Here's what to expect
Bank of Baroda news: Higher cost of deposits could put pressure on net interest margins, brokerages pointed out in their result preview report.
 "Bank of Baroda to report Q3FY24 results on Jan 31; Here's what to expect")
BLS E-Services IPO sails through on Day 1: Here's all you need to know
BLS E-Services Rs 311 crore IPO was subscribed up to 2.5 times as of 11:30 AM on Day 1 of the offer period.
 "BLS E-Services IPO sails through on Day 1: Here's all you need to know")
Azad Engg zooms 25% in 2 days on signing 7-year contract with Rolls-Royce
Rolls-Royce signed a long term contract of seven years with AEL to produce/supply critical engine parts for their Defence / Military Aircraft engines
 "Azad Engg zooms 25% in 2 days on signing 7-year contract with Rolls-Royce")
ITC extends fall, slips 5% in 3 days as Q3 results miss Street estimates
Analysts expect the stock to remain muted in the near-term given a weaker overall environment
 "ITC extends fall, slips 5% in 3 days as Q3 results miss Street estimates")
EPACK Durable lists at 4% discount to issue price on NSE
Post listing, the stock price of household appliances company fell to Rs 211.20, down 8 per cent when compared to its issue price of Rs 230 per share.
 "EPACK Durable lists at 4% discount to issue price on NSE")
Stocks to watch on Jan 30: ITC, Bajaj Finance, Epack, Vi, NTPC, Havells
Stocks to watch on January 30, 2024: Epack Durable will make its market debut today. The issue price is fixed at Rs 230
 "Stocks to watch on Jan 30: ITC, Bajaj Finance, Epack, Vi, NTPC, Havells")
Nifty Bank rangebound on charts in near-term: Check levels to watch out
A detailed analysis indicates a trading range between 46,050 on the upper side and 44,430 on the lower side, as per Ravi Nathani
 "Nifty Bank rangebound on charts in near-term: Check levels to watch out")
Global factors, not 2024 Lok Sabha elections, worry fund managers
High interest rates and expectations of domestic investors are top concerns, they said at Business Standard BFSI Insight Summit 2023
 "Global factors, not 2024 Lok Sabha elections, worry fund managers")
Mid, Smallcap indices stay afloat in a choppy January; analysts cautious
The BSE Midcap and Smallcap indices have gained up to 4 per cent this month, as of Jan 25, while the benchmark BSE Sensex has declined over 2 per cent.
 "Mid, Smallcap indices stay afloat in a choppy January; analysts cautious")
Reliance Industries stock rallies 7%, mcap tops Rs 19.5 trillion
Robust retail, oil and gas performance, steady digital services drive company's earnings growth
 "Reliance Industries stock rallies 7%, mcap tops Rs 19.5 trillion")
Market regulator Sebi considers tighter norms for proprietary trades
Markets regulator plans to make Industry Standards Forum a permanent feature
 "Market regulator Sebi considers tighter norms for proprietary trades")
Analysts downgrade SBI Card as poor asset quality, rising costs bite in Q3
SBI Card share price: Shares of the credit card arm of State Bank of India (SBI) tanked 6.5 per cent to Rs 710.5 per share on the BSE in Monday's intraday trade
 "Analysts downgrade SBI Card as poor asset quality, rising costs bite in Q3")
Dalal Street investors become richer by Rs 6 trillion as markets rally
The 30-share BSE Sensex jumped 1,240.90 points or 1.76 per cent to settle at 71,941.57. During the day, it soared 1,309.55 points or 1.85 per cent to 72,010.22
 "Dalal Street investors become richer by Rs 6 trillion as markets rally")
Brokers, traders differ on proposal to extend derivatives trading: Sebi
Brokers will firm up their opinion on the matter in a couple of months, after which investors will be consulted, Madhabi Puri Buch said at a brokers' forum in Mumbai
 "Brokers, traders differ on proposal to extend derivatives trading: Sebi")
Rupee ends little changed as focus turns to Budget, US Fed decision
The rupee closed at 83.1325 against the U.S. dollar, barely changed from its close at 83.1150 in the previous session
 "Rupee ends little changed as focus turns to Budget, US Fed decision")
Sensex zooms 1,241 pts, Nifty tops 21,700 as RIL soars 7%, Tata Motors 3.5%
Stock market highlights on Monday, January 29: Tata Motors (up 3.7 per cent), Power Grid, L&T, NTPC, Kotak Bank, Ultratech Cement, Titan, Sun Pharma, Axis Bank, and HDFC Bank were other top gainers
 "Sensex zooms 1,241 pts, Nifty tops 21,700 as RIL soars 7%, Tata Motors 3.5%")
Sensex up 1200 pts, Nifty tops 21700: Factors behind market rally on Jan 29
Stock market highlights on January 29: The frontline S&P BSE Sensex index soared 1,309 points in the intraday trade to hit a high of 72,010 levels
 "Sensex up 1200 pts, Nifty tops 21700: Factors behind market rally on Jan 29")