Page 1273 - Markets News

JBM Auto cracks 15% as investors book profit after a 51% rally in 12 days

In the last session on July 5, JBM Auto had hit a 52-week high of Rs 1,517.5 per share. On a year-to-date basis, the share has more than doubled investors' wealth with a whopping rally of 190%

Only 93 Nifty 500 stocks trade in overbought territory, more upside likely

Market participants closely monitor the RSI to determine the strength based on 70 and 30 values. This assists in identifying instruments that are supposedly experiencing increased buying or selling.

OMCs log 52-week high on fund raising plan; HPCL, BPCL, IOC gain up to 4%

Fitch ratings have said that announcements of plans to raise equity capital by BPCL and IOC should strengthen their capex spending and the credibility of their emission-reduction plans.

HDFC, IDFC mergers may not trigger consolidation of PSU banks: Analysts

There is more money to be made in PSBs as RoA expansion has peaked for private banks, analysts said

Sebi seeks explanation from NSE over misuse of its TAP platform: Report

In 2013, some high-frequency traders manipulated the platform to execute 'thousands of orders' without being detected and crowding out other users

Eicher Motors extends fall, hits over 2-month low; down 11% in 3 days

Bajaj Auto and British motorcycle brand Triumph on Wednesday launched co-developed Triumph Speed 400 and Scrambler 400 X motorcycles in India.

DCB Bank surges 8% as RBI allows Tata MF for raise stake up to 7.5%

The Reserve Bank of India has granted its approval to Tata Asset Management Company (AMC) to increase stake in the private sector lender up to 7.5 per cent.

Tech view: Maruti could rally up to Rs 10,700 in the near-term

The share price of Maruti crossed Rs 10,000 mark for the first-time ever on Wednesday, after the company launched Invicto - its first car in Rs 20 plus lakh segment.

Stocks to Watch on July 6: JSW Steel, Adani Wilmar, DCB Bank, Zomato, BSE

Stocks to Watch on Thursday: JSW Steel will replace HDFC in the S&P BSE Sensex effective from July 13. Moreover, Zomato will replace the stock in S&P BSE 100 index

Nifty Metal, Pharma indices exhibit range-bound moves; wait for breakout

Ravi Nathani, independent market analyst shares his trading strategies for Nifty Metal and Nifty Pharma indices; check out

iPhone manufacturer's market value dwarfs not just companies, but nations

Apple's m-cap is nearly 15 times greater than that of RIL's which is around Rs 17.5 trillion

NSE cautions investors against assured returns scheme by 2 individuals

The National Stock Exchange (NSE) on Wednesday cautioned investors not to put their money in any assured returns scheme offered by two individuals

LIC offloads over 2% shares in India Cement via open market transactions

Life Insurance Corporation of India (LIC) on Wednesday said it has offloaded a little over 2 per cent stake in India Cement through open market transactions between November 2007 and July 2023.

Sebi amends guidelines for institutional placement of units by InvITs

Sebi on Wednesday amended the guidelines for preferential issue and institutional placement of units by Infrastructure Investment Trusts and Real Estate Investment Trusts

Shri Techtex plans to raise Rs 45-50 cr through IPO: Executive Director

Ahmedabad-based technical textile manufacturer Shri Techtex Ltd plans to raise Rs 45-50 crore through its initial public offering (IPO) to expand and grow its business.

Shares of HDFC twins down 3% each as its loan growth figure falls to 15%

HDFC Bank (merged entity) reported gross loan growth of 15 per cent compared to a standalone loan growth of 20 per cent, an analyst pointed out

Nifty gains for a 7th day; Sensex's winning run snapped ending 5-day streak

FPIs bought shares worth Rs 1,603 crore, while their domestic counterparts were net sellers to the tune of Rs 439 crore

M-cap of BSE-listed firms hits Rs 300 trn, now 4th-largest equity market

India's m-cap had first crossed the Rs 100 trillion and Rs 200 trillion milestones in 2014 and 2021, respectively

JSW Steel to replace HDFC in 30-share S&P BSE Sensex from Jul 13

In S&P BSE 500, JBM Auto Components Ltd will replace HDFC and in S&P BSE 100, Zomato will be included in place of the mortgage lender

BSE rejig: JSW Steel to replace HDFC in Sensex with effect from July 13

Index provider Asia Index, a joint venture between S&P Dow Jones Indices and BSE, has announced changes to a total of 24 of its indices