Page 1318 - Markets News

Adani-Hindenburg: SC panel says can't pinpoint regulatory failure

In a briefing called by the committee, Sebi said it did not find any evidence of "wash trades" even after putting Adani group scrips under various surveillance measures

In Adani-Hindenburg saga hard to pinpoint regulatory failure, says SC panel

On price volatility, the committee said that the Indian market was 'not unduly volatile' after the Hindenburg report on Adani was revealed in January

Adani Group shares trade mixed post Supreme Court panel report

An expert committee constituted by India's Supreme Court to investigate the Adani Group said it was not possible to conclude if there has been regulatory failure regarding price manipulations.

Over one-third Nifty50 stocks look weak on charts. Time to be cautious?

Among banking majors, Axis Bank, ICICI Bank, HDFC Bank and State Bank of India (SBI) appear on track to hit new all-time high in the weeks ahead, charts suggest

SEBI plans to restrict borrowing by AIFs to prevent systemic risk

Market regulator also proposes mandatory renewal of AIF registrations on completing five years

What's capping rally in SBI shares despite record net profit in Q4FY23?

India's largest state-owned bank, State Bank of India, reported standalone net profit of Rs 16,694.51 crore for Q4FY23

Ramco Cements rallies 8%; hits 52-week high on healthy Q4 volume growth

While long term prospects of profitability look promising, the short term outlook is expected to improve from Q2FY24, Ramco Cements said.

Sebi plan to prune MF costs: New expense slabs, no additional charges

Proposes to bring expenses like brokerage, transaction, and GST within the total expense ratio

Datamatics Global Services zooms 71% in one month on robust Q4 results

The management said it expects to see a sustained growth momentum for FY23- FY24, given a decent pipeline of opportunities.

Axis Bank, L&T, Thermax: Chris Wood rejigs India equity portfolio

Chris Wood has added Axis Bank and increased holding in Larsen & Toubro in India long-only portfolio Asia ex-Japan, excludes ICICI Lombard General Insurance.

Adani Total Gas hits over 2-year low; stock slips 26% in six trading days

Last week, global index provider MSCI dropped Adani Total Gas and Adani Transmission from its India index

Wipro Share Buyback: Here's how retail investors can benefit

Wipro has approved a Rs 12,000 crore share buyback at Rs 445 per share. Currently, the stock trades at a 16 per cent discount to the buyback price.

Blackstone-backed REIT Nexus Malls pre-opens 3% higher in trading debut

Shares of Nexus Select Trust, a Blackstone Inc-backed Indian retail REIT, pre-opened 3% higher at 103 rupees in their trading debut on Friday

Gland Pharma tanks 20%, hits record low on weak Q4 results

Revenue declined 29% YoY due to lower offtake of the key products in developed as well as domestic markets and due to Production line shut down in Pashamylaram Penems facility due to line upgradation.

Sebi planning to align foreign VC investment rules with those of FPIs

Changes in eligibility requirements to ensure due-diligence of money coming from this route to India

ITC slips 4% in 2 days post Q4 results but analysts remain bullish on stock

Thus far in the calendar year 2023, the stock has outperformed the market by surging 25 per cent, as compared to 0.55 per cent gain in the S&P BSE Sensex.

Rupee to see more losses on hawkish Fed, RBI intervention likely

The Indian rupee is expected to extend its decline on Friday, weighed by a rising dollar index and US yields following hawkish comments from Federal Reserve officials

Stocks to Watch today, May 19: ITC, Thomas Cook, Zomato, Nexus REIT, IndiGo

Stocks to Watch on Friday: ITC Limited reported a 21.4 per cent YoY growth in standalone net profit at Rs 5,086.9 crore for the March quarter

F&O Strategy: Go for Bull Spread on Bank Nifty, recommends HDFC Securities

Nandish Shah, Sr. derivatives & technical research analyst of HDFC Securities, recommends to Buy Bank Nifty 43,800 Call option and simultaneously Sell 44,300 Call of the May series.

Sell Nifty Energy, Commodities indices on rise, suggest charts

According to Ravi Nathani, an independent technical analyst, the Nifty Energy index can dip towards the 23,000 level, while Commodities index could test 5,605 on the downside.