Page 1262 - Markets News

Nifty Metal to be range-bound; Pharma index bullish with need for caution

The Nifty Metal index is likely to oscillate between the levels of 6675 and 6580; a pullback should be awaited in Pharma index, says Ravi Nathani

ADTV for equities cash market segment hits a 21-month high in July

F&O volumes log new highs, increase by 2.8 times over a year earlier

US rating downgrade by Fitch spooks markets; Sensex, Nifty slump 1.5%

While the latest downgrade triggered a selloff in equities, the bond market was relatively unscathed, which helped calm investors' nerves

Sebi slaps Rs 30 lakh fine on 6 for indulging in non-genuine trades

The entities had flouted the provisions of PFUTP (Prohibition of Fraudulent and Unfair Trade Practices)

What does Fitch downgrade of US credit rating to AA+ mean for the markets?

The development caused a flutter across equity markets, with most leading frontline global equity indices trading weak on Wednesday.

Sebi, APMI jointly set standards for performance audit of PMS players

The standard specified by APMI will be effective from October 1, Sebi said in a circular

Sensex's yield gap with 10-year US bonds near 0, least since 2008

This gives little incentive to FPIs to invest in Indian equities

Sebi brings in uniformity in audit of firm-level performance data

The standard ToR will include a requirement for portfolio managers to consider clients' portfolios under all services for the audit of firm-level performance data

Sensex sinks 677pts, Nifty nears 19,500 amid global rout; all sectors bleed

CLOSING BELL on August 2, 2023: Equity markets roiled under global pressure on Wednesday after rating agency Fitch downgraded credit rating of the US

Earnings disappointment, US Federal Reserve hike drag benchmark indices

Sensex, Nifty drop over 0.6% each

Sun Pharma Q1 profit may be weighed by weak US generic sales and Taro nos

Sun Pharma Q1 results: The company's Q1 net profit could dip fractionally by 0.15 per cent to Rs 2,058 crore against Rs 2,061 crore reported a year ago

Sula Vineyards slips 8% on Rs 116-crore excise duty notice from Maha govt

The company said the order does not affect the existing business or the activities of the company

Here's why Sensex tanked over 900 points in Wednesday's intra-day trade

All sectors, meanwhile, nosedived in the sea of red, with Nifty Metal, Nifty PSU Bank, and Nifty Oil & Gas as some of the worst performers

Sanghi Ind freezes at 5% upper circuit as Ambuja eyes buying majority stake

The acquisition would further strengthen the presence of Ambuja-ACC in the Western market (whose current share is 20 per cent), according to ICICI Securities

DLF, Lodha: Realty stocks enter next leg of upside post hitting new peaks

Nifty Realty index to rise up to 5 per cent in the coming weeks, post delivering bullish breakout on the charts.

Escorts Kubota hits new high, gains 4% on strong Q1 results

With further advancement of monsoon across the country, adequate reservoir levels, better liquidity, and consumer credit availability, the management expects the demand momentum to improve.

Redington sinks 6% amid weak June quarter results

Redington reported a 21.2 per cent year-on-year decline in consolidated net profit at Rs 248.8 crore in Q1FY24. Ebitda margin fell 100bps YoY to 2 per cent

GE Power gets LoI for contact worth of Rs 444 crore; stock surges 13%

Thus far in the financial year 2023-24, the stock has outperformed the market by zooming 82 per cent as against 12 per cent rise in the S&P BSE Sensex

Ambuja Cements Q1FY24 profit up 31% YoY to Rs 1,135 crore, margins expand

Ambuja Cements Q1FY24 results: Shares of Ambuja Cement slipped 2 per cent in the intra-day trade to Rs 452 apiece

Campus Activewear tumbles 7%, dips below IPO price amid huge block deals

The stock crashed below its issue price of Rs 292 per share, as it hit a record low of Rs 282.45 on Wednesday.