Page 1319 - Markets News

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.

Sebi mulls streamlining regulatory framework for FVCI registration

Capital markets watchdog Sebi on Thursday proposed to streamline regulatory framework for registration of Foreign Venture Capital Investors (FVCIs)

Market regulator Sebi proposes new expense slabs for mutual funds

Transaction and brokerage costs to come under TER

Wall Street gains, dollar climbs on solid data, debt ceiling progress

The three major U.S. stock indexes initially wavered but soon gathered strength, with tech shares putting the Nasdaq out front

Cracking the whip: Stricter rules against suspicious trading on cards

Entities making abnormal gains will have a lot of explaining to do before the market regulator

Market regulator Sebi slams India Inc on price-sensitive disclosures

The proposal to broaden the definition of price-sensitive information comes on the back of Sebi's study which showed lack of proper judgement and prudence exercised by India Inc

Varun Beverages part of trillion-rupee club; growth strong across regions

Growth options of bottling company will help sustain current pace

Why Fed rate-hike pause may not be good for stocks as Wall Street hopes?

Traders have already built bets for the Fed to cut rates later this year, while the Fed has said it expects none if things go according to plan

Margin expansion ahead for Colgate; brokerages await demand revival signs

The country's largest listed oral care company posted a gross margin expansion of 100 basis points (bps) on a sequential basis to 66.9 per cent, led by pricing and efficient sourcing

Manyavar's OFS fully subscribed, garners nearly 1.4 times more bids

The floor price for the OFS has been set at Rs 1,161

Sensex ends lower for third straight day, slips 129 pts; SBI, ITC dip 2%

CLOSING BELL ON MAY 18: The NSE Nifty 50 slipped 52 points to 18,130 as weekly expiry also weighed on the sentiment.

Thermax declines 7% as investors book profit post March quarter earnings

The company said that the order book for the year stood at a consolidated level stood of Rs 8,788 crore, as compared to Rs 9,410 crore in FY22, down 7 per cent