Page 1231 - Markets News

Happy Forgings IPO gets subscribed 82 times on last day of bidding

Price range for the offer was Rs 808-850 a share

Index heavyweights, investors' buying on dips aid market recovery

HDFC Bank rose 1.8 per cent and contributed the most to Sensex gains, followed by Reliance Industries, which gained 1.4 per cent

Longer-horizon debt funds bounce back in 2023 as bond yields soften

Timely calls on duration help fund managers make the most of interest rate volatility

Analysts bet on IndiGo, SpiceJet on sustained pax growth, low oil prices

Analysts suggest staying mindful of supply chain issues, P&W engine snags

India looks for greater mkt access for alcoholic beverages in FTA: Official

India looks for greater market access on a reciprocal basis for its alcoholic beverages while negotiating free trade agreements (FTAs), a senior government official said on Thursday

Sebi to auction properties of 5 cos on Jan 22 to recover investors money

Capital markets regulator Sebi has said it will auction 13 properties of five companies along with that of promoters and directors on January 22 to recover money illegally collected from investors

Sensex soars 359pts, Nifty tops 21,250 amid broad buying; Inox India up 41%

Closing Bell on Thursday December 21: In the broader markets, the BSE MidCap and SmallCap indices outpaced frontline indices as they climbed 1.6 per cent and 1.69 per cent, respectively

Oil prices go steady with trading Brent near $80 as US output hits record

Brent crude futures rose 13 cents, or 0.1%, to $79.80 a barrel by 0914 GMT, while U.S. West Texas Intermediate crude was 4 cents higher at $74.26

Hindustan Copper hits over 11-year high, surges 12% on stable outlook

In the past two months, it has zoomed 55 per cent. Moreover, in the past eight months, the stock price has more than doubled by skyrocketing 124 per cent

Lokesh Machines soars 14% on healthy outlook; up 264% so far in 2023

The Indian machine tools market is experiencing a boost from the growing emphasis on industrial automation, which is resulting in increased overall productivity and improved ergonomics

Stock of this wind energy solutions provider has zoomed 108% in 7 weeks

So far in December, IWL has surged 59 per cent after it completed infusion of around Rs 800 crore (before taxes and fees) by its promoter Inox Wind Energy Limited (IWEL)

Nifty, MidCap, SmallCap: Should you buy the dip? Here's what charts say

The NSE Nifty50 has strong supports placed around at 20,920 and 20,750 levels. Meanwhile, the broader indices are seen testing support at respective 20-DMAs, show charts.

INOX India makes bumper debut; lists at 44% premium over issue price

Share of INOX India listed at Rs 949.65 on the NSE, a premium of 44 per cent over its issue price of Rs 660 per share

Indian Bank extends slide to 2nd day; slips 8% after listing of QIP shares

Indian Bank had allotted 101.52 million new equity shares of face value Rs 10 each to eligible Qualified Institutional Buyers at an issue price of Rs 394.00 per equity share

Nifty FMCG, Nifty Energy: Sell on rise amid likely correction ahead

The anticipated profit booking in Nifty FMCG is expected to continue until the index reaches support levels at 53,681 and 53,100, says Ravi Nathani

Stocks to Watch: Allcargo Logistics, Mazagon Dock, Cochin Ship, Inox India

Stocks to Watch on December 21, 2023: Inox India will make its debut on the bourses today; Ultratech Cement has entered into an agreement to acquire 26 per cent stake in Clean Max Terra

BevCo's acquisition to aid Varun Beverages' market share, EPS: Analysts

Shares of Varun Beverages hit a new peak of Rs 1,380.45 as they surged 18 per cent in Wednesday's intraday trade. With an m-cap of Rs 1.63 trillion, VBL stands at 40th position in m-cap ranking

Domestic, international funds tracking Nifty indices grows 53% in 10 years

According to the index provider, seven new passive funds tracking Nifty indices were launched in Japan and Korea in 2023

Blackstone exits Embassy REIT; sells entire 23.5% stake for Rs 7,100 cr

Global fund Blackstone has sold its entire 23.5 per cent stake in Embassy Office Parks REIT for around Rs 7,100 crore through block deal on stock exchanges, sources said

DOMS makes blockbuster debut; lists at 77% premium over issue price

DOMS offers well-designed and quality 'stationery and art material' products to consumers