Page 1257 - Markets News

Nifty Energy paves way for positive breakout; adopt buy-on-dips strategy

According to Ravi Nathani, an independent technical analyst, charts reveal an encouraging trend for Nifty Energy index, signaling a positive breakout

Sebi's SCORES platform disposes of 2,886 complaints in July: Report

Capital market regulator Sebi's grievance redressal platform SCORES has disposed of 2,886 complaints against companies and market intermediaries in July this year

Citi sells TaMo shares worth Rs 2,089 cr, TVS Supply Chain subscribed 55%

The price band for the TVS Supply Chain IPO is Rs 187 to Rs 197 per equity share

Market structure to face shorter IPO timeline test: Industry players

Players in ecosystem will have to work overtime to ensure success

Benchmarks fall on inflation concerns; bank, consumer stocks underperform

Analysts termed the RBI's move a sign of higher diligence towards rising prices and said banks would end up parking more funds with the RBI for which they won't be earning interest

Sebi clarifies on 120 untraceable entities in 'difficult to recover' list

Sebi said 120 entities listed as untraceable in the 'difficult to recover' category comprises only five companies while the rest are individuals and the majority of the cases are over a decade old

Sebi refines process for approval for change in control merchant bankers

Capital markets regulator Sebi on Thursday streamlined the procedure of obtaining prior approval for the proposed change in control of merchant bankers and bankers to an issue

Regulator Sebi proposes to ease norms for borrowings by large corporates

The present norms require large corporates to raise 25 per cent of their incremental borrowings in a financial year by way of issuance of debt securities

Dark fibre case: SAT quashes Sebi's order on NSE and ex-officials

The tribunal concluded that no preferential treatment was granted and there was no intentional negligence on the part of the NSE by waiving physical inspection of the office site of Way2Wealth

Sensex ends 308 pts lower post RBI policy, Nifty near 19,550; Zee zooms 20%

CLOSING BELL ON AUGUST 10, 2023: Private bank and select auto stocks ended with notable losses after the RBI on Thursday asked banks to maintain Incremental Cash Reserve Ratio (ICRR) at 10 per cent.

Trent rallies 7% to hit a new high in a tepid market on strong Q1 results

Brokerages estimate that Trent's robust performance during challenging times and industry leading performance will continue to warrant premium valuations

Disa India zooms 20%, hits new high as profit more than doubles in Q1FY24

The company's revenue from operations grew 41 per cent to Rs 90.69 crore from Rs 64.19 crore in the corresponding quarter of previous year. EBITDA margin improved to 20.4 per cent from 14.0 per cent

Mixed trend on charts in rate-sensitive stocks post RBI policy outcome

Trend in rate-sensitive stocks remains mixed, with stocks like Manappuram Finance, M&M and Union Bank of India showing resilient up move, while a few others display fragile outlook

MFSL up 12%; hits 52-wk high on Axis Bank buying balance stake in Max Life

Axis Bank said in a filing on Wednesday that it will raise its 9.99 per cent stake in Max Life to 16.22 per cent by infusing Rs 1,612 crores in the entity

DreamFolks tanks 28% in 2 days on disappointing Q1 performance

The company said one-off abnormal increase in common area maintenance charges has led to increase in lounge cost.

RBI policy: Can higher inflation become the new normal for the markets?

The upward revision in RBI's inflation projection, analysts suggest, implies that the central bank is likely to keep the rates elevated for a longer period of time than what the Street expected.

RBI policy: Rate sensitives mixed; private banks, auto stocks underperform

At 11:01 AM, Nifty Bank and Nifty Financial Services index were down 0.65 per cent as compared to 0.50 per cent decline in the Nifty 50 index

CMS Info Systems tumbles 9% after huge block deal on BSE

At 09:38 AM; around 30.6 million equity shares representing 19.85 per cent of total equity of CMS Info Systems changed hands on the BSE, the exchange data shows.

Force Motors surges 10%, hits over 5-year high on stellar Q1 performance

Thus far in the current financial year 2023-24, the stock has zoomed 161 per cent, as compared to 11.6 per cent rise in the S&P BSE Sensex.

Should you subscribe to TVS Supply Chain IPO? Here's what brokerages say

The objective of the issue is repayment of outstanding borrowings and general corporate purposes