Page 1360 - Markets News

Street sees no major surprise in RBI's interest rate pause decision

Realty stocks could see more gains while banking and NBFCs may witness a relief rally

Fund houses ponder ways to cushion tax blow to debt mutual funds

New offerings, lowering costs, debt-plus arbitrage schemes among measures planned

Sensex up 144pts, Nifty nears 17,600 as RBI pauses hike; realty stocks jump

CLOSING BELL: Shaktikanta Das said the move was only "a pause and not a pivot"

This casting & forging company stock has zoomed 107% in less than 10 months

RK Forgings and Titagarh consortium had recently won Rs 12,226 cr contract for manufacturing and supply of 1.54 mn forged wheels of different rolling stocks to the Railways over a period of 20 years.

Anupam Rasayan hits 52-week high; zooms 58% in 2 mths on strong biz outlook

Last month, ARIL signed LoI worth revenue of $120 million (Rs 984 crore) for the next 6 years with Japanese Chemical company

Singer India hits 10% upper circuit as Rakesh Khanna takes over as VC & MD

Khanna was the MD & CEO of Orient Electric, a leader in consumer appliances, with revenues of over Rs 2,500 crore

Godrej Consumer regains Rs 1 trn m-cap, hits 52-wk high on strong Q4 update

On a consolidated level, the company expects to deliver double-digit growth in rupee terms led by mid-single digit volume growth

SBI, DLF: Trading strategies for rate sensitive stocks post RBI policy

An unchanged repo rate may propel rate sensitive stocks to rise up to 15 per cent

Sugar stocks in focus: Balrampur hits 11-month high; Triveni, Dalmia up 3%

India's sugar production fell 3 per cent to 29.9 million tonnes (MT) in the first six months of the 2022 23-marketing year ending September, according to industry body ISMA.

Rate sensitive shares gain up to 3% as RBI keeps repo rate unchanged

SBI, Indian Bank, UCO Bank, Bank of Maharashtra, Punjab & Sind Bank, Canara Bank and Punjab National Bank from the PSU banks were up in the range of 1 - 3 per cent.

Avenue Supermarts dips 3% on profit booking post Q4 business update

The stock had gained up to 11 per cent in the last five straight trading sessions.

TTK Healthcare hits 5-year high on delisting plan; zooms 70% in 14 days

The board of directors are scheduled to meet on April 20, 2023 to consider the proposal for voluntary delisting of the equity shares of the company.

Stocks to Watch: Dmart, Tata Steel, HeroMoto, Nykaa, Equitas SFB, Godrej CP

Stocks to Watch: Hero MotoCorp is now looking to cut flab and move towards a leaner organisation. It has launched a voluntary retirement scheme for its staff to make the organisation agile

Nifty Auto likely to remain range-bound in near-term, says Ravi Nathani

According to the technical analyst, the Nifty Auto Index is expected to remain range-bound in the near term, with a potential breakout in either direction likely to trigger a directional bias

RBI rate hike touch & go affair amid inflation, growth concerns, swaps show

Policy decisions this week from some of the Reserve Bank of India's global peers offer a good reason for the split

HDFC twins, economic data lifts markets, Sensex gains over 2,000 points

HDFC Bank and HDFC Ltd rose 2.7 per cent and 3 per cent respectively, accounting for half of the gains made by the Sensex

Hindalco: Adjusting to the new environment; metal volumes may stagnate

Capex cut, focus on profitability, healthy balance sheet should help overcome medium-term hurdles

Larsen & Toubro gains nearly 3% as hydrocarbon business wins mega contract

The engineering and construction company, however, did not provide the exact value of the contract, but specified that as per its classification, a mega project is of over Rs 7,000 crore.

Sebi takes slew of measures to crack down on misleading investment ads

Bars usage of superlative terms, projections, past performance and in some cases even comparisons

Average daily cash volumes continue to dip; F&O segment hits new high

Markets remained volatile during the month amid the banking crisis in the developed world, boosting trading activity