Page 1324 - Markets News

Global trends, WPI inflation to drive domestic markets this week: Analysts

Domestic stock markets would be driven by inflation numbers, global trends, and the last batch of Q4 earnings this week, analysts said.

Sensex gains 123.38 points, finishes over 62K, highest since December

The 30-share index gained 123.38 points or 0.20 per cent to settle at 62,027.90, the highest closing level since December 12, 2022

BSE, NSE to remove 3 Adani Group stocks from ASM framework on Monday

The stocks will be excluded from ASM framework effective May 15, according to two separate circulars available on the BSE and NSE websites

In a first, Sebi mulls rules for fractional ownership in real estate

The regulator has prescribed mandatory registration of platforms operating in this space

Novelis' disappointing Q4 suggests near-term weakness for Hindalco stock

Analysts though are positive on Hindalco, and see an improvement in business prospects from the second half of FY24

Karvy Stock Broking case: Sebi fines Rs 1.9 crore on 4 ex-officials

Sebi imposed a penalty totalling Rs 1.9 crore on four former officials of Karvy Group for flouting norms in the case pertaining to misappropriation of clients' funds by KSBL

Sebi cancels Bharat Bhushan Finance and Commodity Brokers registration

Sebi cancelled registration of brokerage house Bharat Bhushan Finance and Commodity Brokers Ltd for participating in illegal 'paired contracts' launched by now defunct NSEL

More hits than misses spur most upgrades in six quarters, shows data

The Street is now expecting Nifty earnings per share (EPS) of around Rs 980 in FY24 and Rs 1,130 in FY25

Adani-Hindenburg: May grant Sebi a three-month extension for probe, says SC

In April, Sebi moved the SC and sought a six-month extension to complete its probe

Sensex up 123 pts, Nifty holds 18,300 ahead of CPI data; banks lend support

CLOSING BELL: Eicher Motors, M&M, IndusInd Bank, Axis Bank, HUL, Tata Motors, HDFC Bank, SBI, Hero MotoCorp, Bajaj Finance and ICICI Bank were the top gainers of the day

European shares rise after Asia drops over US banks, China growth worries

European benchmarks rose Friday after Asian shares mostly declined on looming worries over US banks and lagging demand from China, the region's major driver of growth

Caplin Point rises 10% after arm gets USFDA nod for anti-inflammatory drug

So far this calendar year (CY23), shares of Caplin Point have declined 0.4 per cent, as against 1 per cent rise in the S&P BSE Sensex

Cera Sanitaryware zooms 8% as company logs highest-ever sales revenue in Q4

The management said it focused on driving an improved product mix with new products comprising products to aid revenue growth

Pricing regulator sets mechanism to fix prices of off-patent drugs

Prices to be capped at 50% of innovator price; to be reviewed after one year

Siemens hits record high; up 3% on posting 39% jump in Q4 net

The company reported 38.7 per cent YoY growth in Q4FY23 net profit at Rs 471.80 crore, backed by 28.6 per cent rise in revenue at Rs 4,974.40 crore.

Mankind Pharma shares bounce back 6% as co clarifies on I-T raid

From a low of Rs 1,356 apiece, the stock vaulted 6 per cent to hit an intra-day high of Rs 1,439

Zensar Technologies soars 10% to hit 52-week high on strong Q4 results

For the entire fiscal year (FY22-23), operating revenues jumped 14.2 per cent YoY to Rs 4,848 crore for the IT company, whereas gross profit gained 2 per cent to Rs 1,348 crore

Zee Ent, UPL: 5 Nifty 500 stocks flash bearish signals, may fall up to 15%

Technically, stocks inversely proportionate to the benchmark indices' trend are safe to bet during weakness.

Intellect Design Arena hits Rs 2,000-cr revenue mark in FY23; stock up 12%

For Q4FY23, total revenue stood at Rs 621 crore, up 24 per cent year-on-year, from Rs 500 crore logged in Q4FY22

South Indian Bank jumps 12% after it clocks robust March quarter results

In the past one month, shares of South Indian Bank soared 20 per cent, as against a 2 per cent rise in the S&P BSE Sensex