Page 1241 - Markets News

Railways-related stocks in limelight, IRCON International zooms 20%

Railways-related stocks jumped on Monday after India along with the US and several major economies announced an ambitious India-Middle East-Europe Economic Corridor

Credit Access Grameen raises Rs 989 cr via non-convertible debentures

Microfinance firm Credit Access Grameen on Monday said it has raised Rs 989.58 crore through public issue of secured, redeemable Non-Convertible Debentures (NCDs)

Infra firm EMS Ltd IPO subscribed by 14.99 times on second day of bidding

The Initial Public Offering (IPO) of water and sewerage infra player EMS Ltd got subscribed 14.99 times on the second day of bidding on Monday

Samhi Hotels' Rs 1,370 cr IPO to open Sep 14 with price band of Rs 119-126

Samhi Hotels on Monday fixed the price band for its Rs 1,370-crore primary share sale that opens on Thursday at Rs 119-126 per share, which is 119-126 times its face value

State-owned non-bank lender IREDA files for IPO with market regulator

State-owned non-banking financial company, Indian Renewable Energy Development Agency (IREDA), has filed for an initial public offering (IPO) with the country's markets regulator, as per draft papers

Offshore paying, stop losses push India's 5 yr OIS rate to 10 month peak

The five-year swap rate jumped to 6.81%, the highest since Nov. 9, 2022, while the one-year swap rate inched higher to 7.08%, the highest since March 9

Indian Renewable Energy Development Agency files IPO papers with Sebi

As on June 2023, IREDA's portfolio of outstanding term loans stood at Rs 47,206.66 crore. The company's term loans outstanding are spread across 23 states

Govt may relook at allowing Indian companies to list overseas: FM

Under current regulations, Indian firms are not allowed to list directly on overseas exchanges. They can only list on foreign exchanges through instruments such as depository receipts

Nifty ends near 20,000-mark; Sensex zooms 528 pts amid broad rally

Closing Bell on September 11, 2023: Among sectors, the Nifty PSU Bank index surged 3 per cent, followed by the Nifty Metal and Auto indices (up 1.7 per cent each)

ITI develops self-branded Laptop & Micro PC 'SMAASH'; stock zooms 20%

Till 02:04 PM; a combined 19.34 million equity shares representing 2 per cent of total equity of the company changed hands on the NSE and BSE.

Adani Group shares rally up to 10%; Adani Power zooms 200% from 52-week low

Adani Ports, NDTV, Adani Enterprises, Adani Energy Solutions, Adani Total Gas, Adani Wilmar, Ambuja Cements and ACC were up in the range of 2 per cent to 10 per cent on the BSE.

JSW Energy scales fresh high on report PE investors eyeing stake in unit

Private equity firms TPG, Tokyo Electric Power Company (Tepco) and Brookfield are looking to buy a minority stake in JSW Energy subsidiary, JSW Neo Energy, as per The Economic Times

HDFC Bank, Adani Ent, IEX among 6 stocks to cross 200-DMA in last 2 days

Overall, as many as 464 stocks among the Nifty 500 were seen trading above the 200-DMA highlighting the underlying positive sentiment in the market.

This state-owned power generation stock has zoomed 100% in 3 months

Shares of SJVN hit a new high of Rs 73 on rallying 14% today after the company signed a power purchase agreement with Bhakra Beas Management Board for developing a solar project

NIFTY50 index enters value-creation zone after a decade: ICICI Securities

This is driven by capital-intensive and cyclical stocks

Ratnaveer Precision freezes at 5% upper circuit; zooms 32% over issue price

Extending the gains, the stock was then locked in the upper circuit of 5 per cent at Rs 129.35 on the NSE

Rishabh Instruments makes tepid debut, lists 4% higher over issue price

The stock listed at Rs 460 as against its issue price of Rs 441 per share. Later, it fell below its issue price to hit an intraday low of Rs 432.25 on the BSE

Ircon zooms 15%, IRFC m-cap hits Rs 1 trn: Why are railway stocks buzzing?

The US, Saudi Arabia, India, and other nations are discussing a possible infrastructure deal that could reconfigure trade between the Gulf and South Asia, linking Middle Eastern countries by railway

Nifty50 Index: Breaching 19,910 to unlock exciting phase of price discovery

Surpassing 19,910 could potentially lead the Nifty towards resistance levels situated at around 20,180 and 20,464; suggest buying Bank Nifty index on dips, says Ravi Nathani

Stocks to Watch today, Sep 11: Adani Grp, HDFC Bank, RIL, Sonata, IRB Infra

Stocks to watch on September 11, 2023: Balrampur, Delta Corp, India Cements, Manappuram, PNB and SAIL among nine stocks in F&O ban on Monday.