Page 1316 - Markets News

Dreamfolks hits record high; rallies 16% in two days on healthy Q4 results

The stock hit a record high of Rs 592.15 in intra-day today, and was trading 82 per cent higher against its issue price of Rs 326 per share.

Ceat hits new summit; zooms over 46% so far this May on strong Q4 results

The management is hopeful that the coming quarters will see further uptick in growth, as commodity prices remain stable, and the global inflation slows down.

Mahindra CIE surges 9%, hits 52-week high after large block deal

As per media sources, M&M was looking to sell its residual 3.2% stake in MCIE via the block deal mechanism on stock exchanges today

Stocks to Watch today, May 24: Adani Group, Max Health, Biocon, Manyavar

Stocks to watch on May 24, 2023: Cummins, Hindalco, India Cements, LIC, National Aluminium, Nykaa and Oil India among prominent companies scheduled to announce Q4 results on Wednesday.

Nifty FMCG, Auto indices likely to underperform in near-term, show charts

The Nifty Auto index is expected to underperform in the near future, and the current rally provides an opportune moment to sell the index and its constituents

Nifty50 index needs to break above 18,500 for fresh breakout

On the downside, 18,100 is expected to provide support in Nifty

Strong Q4 performance, robust cash flows and outlook to support BPCL stock

Attractive valuations and robust cash flows are the other positives

Sebi slaps Rs 41 lakh fine on 3 entities for violating market norms

The order came after Sebi carried out an investigation to ascertain possible misutilisation of proceeds of the preferential allotments made by AMFL

India's running offices present a $61 bn listing opportunity via REITs: JLL

Among top-7 cities, Bengaluru leads office space with 32% share, followed by Delhi NCR (15%) and Mumbai (14%)

Spicejet shares tumble nearly 14%; hit 52-week low during intra-day trade

Shares of SpiceJet tumbled nearly 14 per cent on Tuesday, falling to its 52-week low level in intra-day trade, as investors continued to desert the counter.

Sebi tweaks method for calculating Settlement Guarantee Fund in commodity

Capital markets regulator Sebi on Tuesday revised the methodology for clearing corporations with regard to computation of core Settlement Guarantee Fund corpus in commodity derivatives segment

Recovery in rural demand, festival season may ramp it up: Mrinal Singh

There are green shoots of recovery in rural demand, which is likely to benefit rural heavy consumer staples and two-wheelers for instance

Sensex, Nifty end flat; Adani shares rally for 3rd day, SpiceJet sinks 14%

CLOSING BELL: Adani Enterprises led from the front with a near 13-per cent rally, followed by Divis Labs, Bajaj Finserv, BPCL, SBI Life, TC, Asian Paints, Tata Motors, and IndusInd Bank (1 per cent)

India, Mexico 'Best Structural Stories' in emerging markets: Global X

India is also in "prime spot" to benefit from the shift in supply chains away from China, he said

SpiceJet tanks 19%, crashes to near 8-year low on heavy volumes

Average trading volumes on the counter jumped over eight-fold with around 11.47 million equity shares, representing 1.9 per cen of total equity of SpiceJet changing hands on the BSE till 01:50 pm

OMCs extend gains on improved operational performance; IOC hits 52-wk high

In the past six months, IOCL (up 28%), HPCL (up 22%) and BPCL (up 19%) have outperformed the benchmark S&P BSE Sensex index

Divi's Lab surges 10% in two days on strong revenue growth guidance

The stock was quoting at its highest level since February 1, 2023 and has recovered 25 per cent from its 52-week low of Rs 2,730, touched on March 14, 2023

Analysts see upto 38% upside in IndiGo; suggest tracking costs, airfare cap

Reports suggest that a parliamentary panel has summoned private airlines to discuss rising airfares

Nifty IT index reclaims 200-DMA; what does this mean for IT stocks?

So far this year, Persistent Systems is the top contender surging close to 30 per cent, while Infosys remains as the top loser, plunging 14 per cent.

IndusInd Bank gains 15% in one month; nears 52-week high on healthy outlook

The management introduced planning cycle - 6 (FY23-26) wherein they have guided for 18-23% YoY credit growth, mainly-driven by retail (55-60% proportion) and PPOP margins to be 5.25-5.75%.