Page 1266 - Markets News

ICICI Bank's re-rating to be gradual, say analysts; see up to 36% upside

ICICI Bank Q1FY24 results: At the bourses, shares of ICICI Bank hit a new record high of Rs 1,009 on the BSE, rising 1 per cent in the intra-day trade

Indian fintech start-up funding plunges 67% to $1.4 bn in 1st half of 2023

This decline in funding was largely due to the downward trend in early-stage investments, which plunged 81 per cent and 68 per cent from H1 2022 and H2 2022 respectively

YES Bank shares ends over 3% lower after June quarter earnings of 10%

During the day, the stock witnessed a high of Rs 18.45 per piece on the exchange

Sebi to consider permitting delisting via fixed price: Madhabi Puri

The market regulator is now considering permitting a promoter to place a delisting offer at a fixed price for shareholders to consider

Sensex falls for 2nd day, slips 299 pts; ITC sheds 4%; auto stocks gain

CLOSING BELL ON JULY 24, 2023: The NSE Nifty ended with a loss of 73 points; Reliance down 2% was the other major laggard on Monday.

ITC demerger: Medium-term outlook intact; stk can hit Rs 550 to Rs 575 mark

While the medium-term outlook remains highly optimistic, the stock may remain choppy in the near-term

ITC dips 4% after board gives in-principle approval to demerge hotel biz

The Board has also approved incorporation of a wholly owned subsidiary of the company to be named ITC Hotels Limited

JLR volumes may aid Tata Motors Q1 margins; demand outlook eyed: Analysts

So far this calendar year (CY23), shares of Tata Motors jumped 61 per cent, as against a 9.6 per cent surge in the S&P BSE Sensex

PSU shares in demand: SJVN, NHPC, RVNL, RITES hit fresh lifetime highs

At 12:45 pm; the S&P BSE PSU and S&P BSE CPSE index were up 1 per cent each, as against 0.10 per cent decline in the S&P BSE Sensex.

Higher vols may drive Bajaj Auto's Q1 revenue; margins to expand: Analysts

So far this calendar year (CY23), shares of Bajaj Auto rose 34 per cent, as against 9.6 per cent gain in the S&P BSE Sensex, during the same period

RIL, Infy, Paytm, Vedanta: Trading strategies for stocks post their Q1 nos

ICICI Bank remains strong on charts post delivering Q1 results last week

Utkarsh SFB extends post-debut rally; zooms 125% against issue price

Utkarsh Small Finance Bank (SFB) rallied 17 per cent to hit a new high of Rs 56.30 on the BSE in Monday's intra-day trade, extending gains from its strong market debut on Friday

Aarti Drugs surges 14% on firm Q1 result, approves buyback via tender route

The board has approved the buyback of 665,000 equity shares at Rs 900 per share via the tender offer route

Jay Bharat Maruti freezes at 5% upper circuit on stock split plan

In past three months, the stock price of the company has more-than-doubled or zoomed 123 per cent, as compared to 11 per cent rise in the S&P BSE Sensex.

ITC surpasses HUL to become the most-valued FMCG stock after 4 years

Thus far in calendar year 2023, the share price of ITC has appreciated by 48 per cent, while HUL's stock price has gained 1.3 per cent and the Sensex 8.8 per cent, respectively.

RIL dips 3% in intraday trade on weaker-than-expected Q1FY24 results

The company reported a 10.8% year-on-year dip in its consolidated net profit to Rs 16,011 crore owing to weak profitability seen in the O2C business

Stocks to Watch: RIL, ICICI Bank, Paytm, IGL, Biocon, YES Bank, Cyient DLM

Stocks to Watch on July 24, 2023: Tata Steel, HDFC AMC, Canara Bank, IDBI Bank, TVS Motor will announce their Q1 results today

Nifty, Bank Nifty likely to consolidate in the near-term

According to Ravi Nathani, an independent technical analyst, all the Nifty may seek support in the range of 19,550 - 19,300 levels.

FPIs stay invested in Indian equities; put in Rs 43,800 cr this month

With this, inflow in the equity market reached Rs 1.2 trillion so far this year, data with the depositories showed

Q1FY24 results: Revenue growth of early birds at a 10-quarter low

India Inc more dependent on BFSI, IT companies to drive growth