Page 1260 - Markets News

Sensex, Nifty remains robust over 50-SMA support, show technical charts

While the trend looks fragile, key supports are continuing to bolster the up move

RateGain Travel jumps 9% to hit a new high on healthy Q1 results

The stock surpassed its previous high of Rs 511, touched on August 7, 2023

Gland Pharma freezes at 20% upper circuit on strong June quarter show

The firm's gross profit margin was up 700 bp year-on-year (YoY) to 63 per cent for Q1 due to lower raw material costs. On a sequential basis, gross profit margin improved by 900 bp from 54 per cent

PB Fintech sheds 4% even as Q1 net loss narrows to Rs 12 cr

The stock opened higher and hit a 52-week high at Rs 816, before slipping into the negative zone in intra-day deals on Tuesday.

Stocks to Watch today, Aug 08: Airtel, Max Health, GIC Housing, Sobha, BEML

Stocks to watch on August 08, 2023: Adani Ports, Coal India, Hindalco, Jet Airways, Oil India and Utkarsh SFB are few of the notable companies to announce June quarter earnings on Tuesday.

Nifty Financial Services exhibits bullish trend; buy near support levels

According to Ravi Nathani, an independent technical analyst, support levels are projected at approximately 19,525 and 19,425 for Nifty Financial Services index

Sebi sets reform agenda for FY24; proposes digital assurance, voting norms

In annual report, Sebi chief flags serious lapses in listed firms, mostly regarding RPTs

Equity markets settle higher for 2nd day, unfazed by global trends

The 30-share BSE Sensex climbed 232.23 points or 0.35 per cent to settle at 65,953.48. During the day, it jumped 346.65 points or 0.52 per cent to 66,067.90

Airtel emitting strong signals; improving margins along with debt-reduction

By the calculation, EBITDA minus Capex, operating cash flow was at $1.1 billion (up 26 per cent QoQ) while India Operating cash flow increased to $585 million (up 10 per cent QoQ)

Sebi's success rate before Securities Appellate Tribunal improves

The regulator saw a remarkable drop in the number of pending cases -- from 426 at the end of FY22 to just 160 in FY23

Domestic ownership falls 1st time in 7 quarters, rise in foreign investment

FPI shareholding rises by 7 bps on the back of Rs 1 trillion investment during June 2023 quarter

Strong Q1, positive outlook drives gains for M&M; shares rally 4.3%

No change in capital allocation policy allays Street's fears of RBL Bank investment

M&M jumps 3% as Q1 results impresses Street; brokerages remain bullish

In the recently concluded quarter, the company's consolidated revenue rose 19 per cent YoY to Rs 33,892 crore

Sebi 'implementation standard' pilot for verification requirements starts

The exercise is to ease implementation of new and existing regulations of Sebi

FPIs mandated to route 10% market trade in corporate bonds through RFQ

The RFQ is a dedicated platform for debt securities, launched in 2020 by stock exchanges

Sebi's refund to Sahara investors reach to Rs 138.07 cr in 11 yrs

In its annual report, Sebi said it received 19,650 applications involving 53,687 accounts as on March 31, 2023

One97 Communications shares jump nearly 7% as Sharma buys Paytm stake

As per the deal, Sharma will purchase 10.30 per cent shareholding in Paytm from Antfin through his 100 per cent owned overseas entity -- Resilient Asset Management BV

Sebi plans changes to force disclosures from conglomerates, unlisted firms

The Securities and Exchange Board of India (SEBI) plans to review and standardise disclosures in public offer documents issued by private and listed companies

Sebi looking to introduce 'MF Lite' regulations for passive funds

These new regulations are expected to significantly reduce the compliance requirements of passive funds and foster innovation in the passive fund ecosystem, it added

Sensex ends 232 pts up, Nifty50 near 19,600; Pharma, IT stocks upbeat

Closing Bell on August 7: Among sectors, Nifty Healthcare, Nifty Pharma, and Nifty IT indices emerged as the top leaders, gaining up to 2 per cent