Page 1253 - Markets News

Suzlon freezes at 5% upper limit, hits 6-year high; up 25% over QIP price

With India poised to lead decarbonization of its economy, the management said it is seeing renewed enthusiasm from India Inc. to drive this green energy transition.

TVS Supply Chain makes steady debut; lists at 5% premium over issue price

The stock was listed at Rs 207.05 on the NSE as against its issue price of Rs 197 per share.

Linde India at new high, soars 16% in 2 days on winning LoA from Indian Oil

Thus far in the calendar year 2023, the stock price of Linde India has zoomed 70 per cent, as compared to 6.6 per cent rise in the S&P BSE Sensex.

Buy Tata Communications, India Glycols, recommends HDFC Securities

On the broader market outlook, Vinay Rajani the technical & derivative analyst says the Nifty may find a directional move on breakout from the 19,270-19,500 trading band.

Stocks to Watch: Torrent Pharma, Cipla, TVS Supply Chain, Titan, AdaniTotal

Stocks to Watch on August 23, 2023: Torrent Pharma has joined the race to buy out Cipla's promoter stake held by the Hamied family, reported The Economic Times

Nifty IT index looks bullish, can rally up to 7%; FMCG may consolidate

According to Ravi Nathani, an independent technical analyst, the IT index could see a fresh wave of buying enthusiasm on clearing the minor resistance zone of 31,200-31,400.

Card payments in India to hit Rs 27.9 trillion mark in 2023: GlobalData

To drive card payments and reduce dependence on cash, the government had abolished merchant service fees on transactions with state-owned RuPay cards from January 2020.

Analysts turn cautious on Asian markets; India remains an outlier

Indian markets, analysts believe, are an outlier and can still justify expensive valuations amid a likely recovery in corporate earnings going ahead

Jio Financial Services reels under selling pressure, loses 5% again

Stock sheds Rs 16,000 cr in market value in two days

Titan plans to take on partial debt to fund Caratlane's acquisition

The company also expects regulatory approvals in the next two months

Analysts see bond yields hitting 7.5% in near-term; how should you invest?

Over the past one month, the yields on 10-year government bonds have risen 14.7 basis points to 7.218 per cent in India, while they have touched a 17-year high of 4.35 per cent in the US

BSE, NSE fines Rs 2 lakh each on Adani Green Energy for non-compliance

Adani Green Energy said that the non-compliance has occurred due to untimely demise of a women director and the exit of an independent director

BSE, NSE impose fines on DTH operator Dish TV over lack of board strength

Dish TV said it will inform its promoters about the current situation and the fine imposed by the bourses

Sebi mulls body for administration, supervision of research analysts

Sebi has further proposed that the registration with this body will be mandatory as one of the eligibility criteria for seeking RA certification

Sebi proposes body for administration, supervision of research analysts

In addition, it has been suggested to amend the rules to provide that membership of RAASB should be one of the eligibility criteria for consideration of the grant of registration certificate as RA

Sebi bars Brightcom Group's chairman SK Reddy and CFO Narayan Raju

Regulator finds several irregularities; says company submitted forged bank statements to mislead

SAT refuses to interfere, grant any immediate relief in Eros matter

Directs firm to file a reply within three weeks in case involving alleged siphoning of funds

Sensex ends flat amid range-bound trade; Broader mkt, new-age shares rally

CLOSING BELL ON AUGUST 22, 2023: BSE MidCap and SmallCap indices rallied up to 0.9 per cent, while the NSE Nifty 50 ended with a notional gain of 3 points at 19,396.

BSE postpones removal of Jio Financial Services from indices to August 29

BSE's circular said that if JFSL continues to hit the lower circuit in the next two days, the removal date will be deferred by another three days

BHEL surges 10% on securing Rs 4,000-crore order from Adani Power's arm

Analyst believes pickup in thermal power orders and companies focus on diversification in segments such as railways, defence, nuclear, hydro augurs well for company in long term.