Page 1245 - Markets News

PSBs extend rally; Union, Canara, PNB hit 52-week highs; SBI crosses Rs 600

The Nifty PSU Bank index hit a record high of 5,418.70 in intraday trade on Tuesday, surpassing its previous high of 5,396.85 touched on October 3, 2023

Bajaj Group tops Rs 10 trn m-cap; Key levels to watch out on major stocks

Among individual shares, Bajaj Finance and Bajaj Finserv look ripe for further upside, while Bajaj Auto may witness some consolidation in the near-term, hint charts.

Stocks to Watch today, Dec 5: Honasa, M&M Fin, HCL Tech, Gulshan Polyols

Stocks to Watch on Tuesday, December 5, 2023: Reports suggest Fireside Ventures Investment Fund may divest 1.9 per cent stake in the parent company of Mamaearth via block deals for Rs 230 crore

Nifty Financial Services, Nifty Private Bank: Avoid taking short positions

Consider booking profits on upward movements in Nifty Financial Services, suggests Ravi Nathani

Market capitalisation of Bajaj Group tops Rs 10 trn for first time

All the five listed firms belonging to the late Rahul Bajaj-Group ended with gains amid a rally in the market

Adani group adds Rs 73,000 crore in mcap as investors lap up shares

Power-to-port conglomerate's mcap nears Rs 12 trillion

BJP election victories fire up market, 'boost' investor sentiment

Results give message of political continuity and 'augur well' for macroeconomics, say analysts

Govt bond yields track US peers lower on expectation of political stability

The probability of a rate cut in March is above 66% and traders are near certain of a cut in May, which pushed the US 10-year yield to a three-month low. It was last around 4.25%

Banking liquidity swings to surplus after a month driven by govt spending

"OMO is out of the picture right now because it will also disrupt the overall supply at this point in time," said a dealer at a state-owned bank

Global green bonds mark second-busiest month of 2023 as issuers pounce

Issuance of all kinds of ESG bonds - green, social, sustainability and sustainability-linked bonds, or SLBs - jumped to $82.6 billion in November, up from $55.9 billion in October

CARE downgrades ratings for Shapoorji Pallonji & Co's term loan to 'BBB'

Delay in securing working capital limits triggers rating action

Sensex, Nifty end at record highs as BJP clinches 3 state polls; banks soar

Closing Bell on December 4, 2023: The S&P BSE Sensex zoomed over 1,400 points intraday to hit a new record high of 68,918. The Nifty50, on the other hand, hit a fresh lifetime high of 20,703

Corporate bond market set to double by FY2030 at Rs 100 trn: Report

Market expected to finance one-sixth of envisaged capex in infrastructure, corporate sectors

L&T surges 5% to hit fresh high; surpasses its buyback price of Rs 3,200

In the past month, the stock price of L&T has outperformed the market by surging 15 per cent as compared to a nearly 6 per cent rise in the S&P BSE Sensex

Chart check: Will Nifty top 25,000-mark before 2024 general elections?

With today's sharp up move, the overall mood has become upbeat and momentum is likely to drive Nifty to newer heights. However, how steep can the rally be? Here's what the chart suggests.

Inox Wind soars 14% as promoter completes Rs 800 crore fund infusion

Inox Wind announced the completion of infusion of around Rs 800 crore (before taxes and fees) into the company by its promoter Inox Wind Energy Limited (IWEL).

Stock of this OMC has zoomed 54% in 5 weeks; trades at over five-year high

Shares of HPCL surged 10 per cent to Rs 378.80, its highest level since March 2018 on the BSE in Monday's intra-day trade on the back of heavy volumes.

PFC enters club of 50 most valued firms; REC m-cap crosses Rs 1 trn

With an m-cap of Rs 1.26 trillion, PFC became the 50th most-valued listed firm, while the m-cap of REC hit Rs 1 trillion for the first time ever

TCS, Tata Motors, Titan, IHCL: Track key levels for Tata Group stocks

Among the Tata Group stocks, shares of Tata Motors could potentially top the Rs 900-mark, while a select few could gain in the range of 15 - 19 per cent from present levels.

Adani group shares rally; Adani Green, Enterprises, Power surge up to 15%

Last week, the Supreme Court reserved its judgement on the charges made by the Hindenburg report