Page 1291 - Markets News

BSE Smallcap index hits record high; experts see more upside

Aurionpro, BDL, Centum Electronics, Cigniti Techno, Data Patterns, Dreamfolks, Fusion Micro, IOX Exchange, KDDL, Mahindra CIE, Safari Ind and Syngene hit their respective all-time highs today

Torrent Power soars 9% on inking MoU with Maharashtra govt for 3 projects

The company has signed a MoU with the Maharashtra government for setting up three Pumped Storage Hydro Projects of 5,700 MW capacity in Maharashtra, would entail an investment of about Rs 27,000 crore

Stocks to Watch today, June 7: Adani Green, Mazagon Dock, Torrent Power

Stocks to Watch today, June 7, 2023: Tata Power, Uniparts India, Seshasayee Paper, Marksans Pharma will turn ex-dividend on Wednesday

Adani stocks still reeling from losses inflicted by Hindenburg report

While two of Adani's 10 stocks have bounced back strongly, a full recovery to pre-Hindenburg levels looks a ways away

Book profits in Nifty FMCG and await clear direction in Nifty Metal index

Nifty FMCG is in the overbought zone, indicating that it is expected to trade sideways or experience a timewise or a pricewise correction, says Ravi Nathani

Hold longs in Nifty with stop loss of 18500; Hikal, Nesco bullish on charts

The breadth of the market is bullish as more than 67 per cent of the stocks are trading above their 200 DMA, says Vinay Rajani of HDFC Securities

SAT overrules Sebi's order on cancelling of Brickwork Ratings' licence

India's markets appeals tribunal set aside a ruling by the markets regulator cancelling the licence of Brickwork Ratings India, according to an order published on the tribunal's website

Improving prospects drive auto major Maruti Suzuki India's shares

Auto major seen gaining market after higher margins and volumes; valuations though may limit near-term upside

IT stocks witness fresh turbulence; posts biggest decline in nearly 2 mths

Software firm EPAM's guidance cut fresh trigger; underscores weak discretionary spending, say analysts

5 Adani Group stocks settle in positive; Ambuja Cements stock up 4.54%

Five of the ten listed Adani stocks ended in the positive territory on Tuesday after the group said it has repaid loans aggregating USD 2.65 billion to complete a prepayment programme

Sensex, Nifty stage smart recovery in fag-end; IT stocks weak, auto rally

CLOSING BELL, JUNE 6, 2023: IKIO Lighting IPO sailed through on the first day itself with 1.2 times subscription till 3:30 PM

SAT quashes 'unjustified' Sebi order nixing Brickwork Ratings licence

Directs regulator to issue fresh order on penalty while upholding certain violations

HBL Power rallies 10%; hits new high after nearly 7% equity changes hands

Till 02:50 PM; a combined 19.2 million equity shares, representing 6.9 per cent of total equity of HBL Power, had changed hands on the NSE and BSE

Maan Aluminium zooms 19% on bonus issue, stock split plan

The company said the board will meet on Friday, June 9, to consider bonus issue and stock split proposal

Indian markets can withstand a somewhat expensive multiple: Jonathan Garner

For foreign investors, there is a good opportunity to buy Japan, Korea and Taiwan in the Asian region, he said in this exclusive interview on the sidelines of the Morgan Stanley India Investment Forum

NSE to shift Nifty Bank F&O expiry day to Friday, weeks after BSE

BSE did not comment on the possible impact of NSE's decision on its revived volumes

Force Motors gains 4% to hit a new high on healthy May sales numbers

The company reported a healthy 30 per cent year-on-year (YoY) and month-on-month (MoM) jump in its total sales of 2,645 units in May month.

Capacite Infra surges 51% in 1 month on improved operational performance

The company said the project awarding has seen an uptick and will likely gain further momentum in the coming quarters

Cement shares in focus; UltraTech hits 52-week high, Ambuja surges 4%

Profitability of cement companies are likely to improve in fiscal 2024, owing to softening of coal and pet coke prices and better operational efficiency, says Crisil Ratings.

Mazagaon Dock extends rally to 8th straight day; zooms 27% in two days

Going ahead, analysts at ICICI Securities perceive peak execution through to FY25E based on the current orderbook visibility.