Page 1284 - Markets News

Ahluwalia Contracts soars 10% on winning work order worth Rs 427 crore

The order inflow during the current FY 2023-24 stands at Rs 4,177.83 crore till date, the company said.

MRF can hit Rs 120,000, technical charts suggest; support at Rs 96,000 mark

Overall trend of the MRF shares has become lucrative and highly optimistic following decisive rally over the key hurdle of Rs 95,000. The short-to-medium trend is poised for 20 per cent upside.

Trent rallies 5%, hits all-time high on healthy growth outlook

Thus far in the current calendar year 2023, the stock price of Trent has rallied 25 per cent, while in past one year it surged 53 per cent.

Analysts cautious on OMCs; fuel price cut, uneven oil demand key overhangs

According to ICICI Securities, OMCs will have to adjust retail prices by Rs 0.53/litre to maintain margins at current levels, if international prices change by $1/barrel

MRF hits Rs 100,000 mark; stock touches record high on the BSE

So far in the current calendar year 2023, MRF has outperformed the market by gaining 14% on improved financial performance. In comparison, the S&P BSE Sensex gained 3% during the period

Inox Wind Energy soars 19% on board's nod for merger with Inox Wind

The board approved swap ratio for the merger - around 158 equity shares of Inox Wind will be issued for every 10 equity shares of Inox Wind Energy

Hindustan Unilever's FY23 annual report: Top 10 highlights you should know

At the bourses, shares of HUL surged 25 per cent in March 2022-23 period, as against 0.7 per cent rise in the S&P BSE Sensex, during the same period

ZEE slips 6% as Sebi bars Punit Goenka, Chandra from holding key positions

The matter pertains to a Letter of Comfort (LoC) granted by Chandra in September 2018 towards credit facilities taken by certain group companies from YES Bank. The credit amounted to Rs 200 crore

Stocks to Watch today, Jun 13: HDFC, Airline, Zee, Patanjali, EIL, HeroMoto

Stocks to watch on June 13, 2023: Shares of airline company are likely to be in focus on Tuesday after the DGCA eased norms to launch new overseas destinations.

Nifty Financial Services index may break below this level; check details

The index is expected to find support in the near term between the range of 19,375 and 19,290

Benchmark indices snap two-day losing streak; Sensex rises 99.08 points

From the Sensex pack, Infosys, HCL Technologies, Infosys, NTPC, Mahindra & Mahindra, Tata Consultancy Services, Nestle, Tech Mahindra and Bajaj Finance were the major gainers

Wall Street set for gains as investors look for cooler inflation, Fed pause

A global index of stocks rose slightly on Monday while US Treasury yields also edged higher ahead of key US inflation readings and interest rate decisions later this week from central banks

Sebi debars Subhash Chandra, Punit Goenka from holding key positions

The tribunal had been deciding on the proposed merger between media behemoths Zee Entertainment and Sony Pictures Networks India

Life insurance stocks: Concerns may be priced in; analysts 'optimistic'

While they are trading at substantial discount to their average historical multiples, data shows there is pickup in business in May

Small-cap, arbitrage funds buck 'low inflow' trend this calendar

Small-cap funds benefit from better valuations and performance track record, say analysts

Equity fundraising activity in India dips in H1CY23 amid market volatility

ECM activity down 15% in India even as globally it grows 19%, shows data

Nasdaq to acquire financial services software company Adenza for $10.5 bn

Nasdaq on Monday said it has acquired Adenza, a company that develops risk-management and related regulatory software for the financial services market, for $10.5 billion

IT stocks shine in lacklustre trade; Sensex ends 99 pts higher

CLOSING BELL ON JUNE 12, 2023: The Nifty reclaimed the 17,600 level; In the broader market, BSE Midcap index advanced 0.5 per cent, and Smallcap added 0.7 per cent on Monday.

Rakesh, Shobha Gangwal may pare up to 8% stake in IndiGo; shares dip 2%

According to reports, Rakesh and his wife Shobha Gangwal may sell 5-8 per cent stake in the airline next month for up to Rs 7,000 crore

Tata Motors DVR jumps nearly 3%; crosses Rs 300 mark after over 6 years

With debt on a substantial downward trajectory and consequently interest outgo, it outlined its intention to commensurately increase dividends, going forward positive for DVR shareholders