Page 1333 - Markets News

Gravita India hits 52-week high; up 11% on huge volume day after Q4 results

A combined 2.2 million equity shares representing 3.1 per cent of total equity of Gravita India had changed hands in intra-day deals on the NSE and BSE.

Price hikes to favor Hero Moto's Q4 revenues; margins may expand: Analysts

At the bourses, shares of Hero MotoCorp have declined over 8 per cent so far this calendar year (CY23), as against 0.8 per cent rise in the S&P BSE Sensex

CPSE index nears record high after six years; RVNL zooms 125% since March

In the past one month, CPSE index has outperformed the market by surging 7 per cent, as compared to 3.4 per cent rise in the S&P BSE Sensex.

Trading strategies for Aviation stocks amid Go First bankruptcy

Indigo shares may hit a new historic peak once it settles over Rs 2,200 level.

Hindustan Aeronautics hits new high; joins Rs 1-trillion market cap-club

At 10:03 am; with a market cap of Rs 1.006 trillion, HAL claimed the 52nd spot in the overall market cap ranking, the BSE data shows

IndiGo, SpiceJet rally up to 8% as Go First files for bankruptcy

Shares of InterGlobe Aviation, which runs the country's largest airline IndiGo, hit a 52-week high of Rs 2,235.95, surging 8 per cent on the BSE.

Astec LifeSciences tumbles 10% on loss in Q4; stock down 44% in six months

The company reported a net loss of Rs 5 crore for Q4FY23 as against a net profit of Rs 43.10 crore in a year ago period.

Stocks to Watch Today: Airline, Tata Steel, PSB, Airtel, Sugar, Max Health

Stocks to Watch: Shares of aviation firms, such as IndiGo, SpiceJet, Jet Airways, are likely to be in focus on May 03 after Go First filed for insolvency proceeding on Tuesday.

Charts exhibit bullish trend for Mastek, Metro Brands: HDFC Securities

According to the technical analyst, Mastek resumed its uptrend after running correction from recent swing high, whereas shares of Metro Brands broke out from multi-week consolidation

Charts show range bound trend for Nifty IT in near-term, adopt sell-on-rise

Given the current market conditions, the best trading strategy for traders would be to buy the Nifty IT Index near the support levels and sell it near the resistance levels, said the technical analyst

Brokerages share mixed views on SBI Cards and Payment Services

While cost of funds and credit costs are seen rising, growth in business is estimated to be good

Sensex gains for eighth day in a row, logs fresh highs for 2023

FPI flows, positive economic data propel equities

Narrowest since July 2021: Sensex closes in on trading gap in April

Index moved in 4% band, against three-year average of 8%

Indian stocks rise on back of earnings, FII buying ahead of US Fed meet

By Bharath Rajeswaran

Sensex extends rally to eighth day, ends 242 pts up; Auto, IT stocks shine

CLOSING BELL: The NSE Nifty 50 gained 83 points. In the broader market, Midcap and Smallcap indices outperformed with gains of 0.7 per cent and 0.6 per cent, respectively.

Datamatics hits 20% upper circuit on strong Q4FY23 results

In Q4FY23, the company's revenue increased 32.9 per cent year-on-year (YoY) and 11.7 per cent quarter-on-quarter (QoQ) at Rs 416.30 crore

Welspun India zooms 20% as investors cheer buyback plan, strong Q4 results

The board of Welspun India has approved a proposal for purchase of 16.25 million equity shares worth Rs 195 crore through a tender offer

Sebi's new rule: Stock brokers can't use clients' funds for bank guarantees

Existing bank guarantees that were created using clients' funds will need to be wound down by September 30, Sebi said

M&M Financial Services soars 7%, hits 52-week high on strong Q4 results

On outlook, the management said the macro-economy tailwinds should help the sector and the company continue its growth journey

Analysts recommend to selectively buy-the-dip in QSR stocks; here's why

In the past six months, QSR-companies like Devyani International, Jubilant Foodworks, Restaurant Brands Asia, and Sapphire Foods, have tanked up to 26 per cent