Page 14 - Markets News
Vodafone Idea surges 5% in weak market on huge volume; here's why
According to reports, Vodafone Idea is in the final stages of closing debt funding from a State Bank of India (SBI)-led consortium of public sector banks.
 "Vodafone Idea surges 5% in weak market on huge volume; here's why")
Ceigall India gains 5% after winning ₹705-crore Arunachal road project
Ceigall India received Letters of Acceptance from the Ministry of Road Transport & Highway for the construction of a key section of the Lada-Sarli section of NH913 in Arunachal Pradesh.
 "Ceigall India gains 5% after winning ₹705-crore Arunachal road project")
PVR Inox rallies 4%, hits 52-week high on share buyback plan
The meeting of the PVR Inox board of directors is scheduled for August 31, 2026, to consider and approve, among other things, a proposal for the buyback of the company's equity shares.
 "PVR Inox rallies 4%, hits 52-week high on share buyback plan")
TCS reverses early gains, down 1%: What deal with Porsche means for company
Brokerages JM Financial and Emkay Global maintained their 'ADD' ratings on TCS stock following the strategic deal announcement with Porsche.
 "TCS reverses early gains, down 1%: What deal with Porsche means for company")
Sunshine Pictures shares make decent debut, list at 10% premium
Sunshine Pictures shares opened at ₹395.90 on the National Stock Exchange (NSE), up ₹35.90, or 9.97 per cent, over the IPO issue price of ₹360.
Hindustan Copper cracks 7% as govt OFS opens; floor price at 10% discount
Hindustan Copper OFS: The government has fixed the floor price of ₹514 a share, implying a discount of 10.4 per cent from the previous close of ₹574.15 on the NSE.
 "Hindustan Copper cracks 7% as govt OFS opens; floor price at 10% discount")
Hindustan Zinc among top 3 stock picks by Geojit Investments for near term
Anand James, Chief Market Strategist at Geojit Investments, has recommended three stocks, including Hindustan Zinc, Skipper and Parag Milk Foods
 "Hindustan Zinc among top 3 stock picks by Geojit Investments for near term")
Closing Auction System set for first monthly derivatives expiry test
Tuesday's expiry will see a broader swath of derivatives positions, including physically settled single-stock options, tied to the auction-generated closing prices
 "Closing Auction System set for first monthly derivatives expiry test")
Asian shares slip as tech stocks weigh ahead of key Nvidia results
The tech sector is holding its breath for Nvidia's results on Wednesday; investors are aware how hard it will be for the chipmaker to meet lofty expectations
 "Asian shares slip as tech stocks weigh ahead of key Nvidia results")
HDFC Life, Home First Finance are Shrikant Chouhan's top picks
Shrikant Chouhan of Kotak Securities recommends buying HDFC Life Insurance and Home First Finance given their strong fundamentals.
 "HDFC Life, Home First Finance are Shrikant Chouhan's top picks")
Stocks to watch: Hindustan Copper, TCS, Refex Industries, Lenskart, Suzlon
Stocks to watch today: Hindustan Copper OFS will be launched by the government today, while TCS has signed an agreement with Porsche.
Index funds gain ground as ETFs lose share of India's passive fund market
Index funds' AUM grows at a 5-year CAGR of 74.1%
 "Index funds gain ground as ETFs lose share of India's passive fund market")
Page Industries gains hinge on volume growth as margin pressures persist
Page Industries has retained its double-digit volume growth guidance for FY27, but elevated raw material costs and premium valuations could limit near-term gains
 "Page Industries gains hinge on volume growth as margin pressures persist")
JPMorgan India unit to argue that any regulatory breach was technical
JPMorgan's Mauritius unit is likely to seek clarification from Sebi over alleged market manipulation, while avoiding an immediate appeal against the regulator's order
 "JPMorgan India unit to argue that any regulatory breach was technical")
Sebi seeks inclusion of fractional shares in Companies Amendment Bill
Sebi has asked the Ministry of Corporate Affairs to recognise the issuance and holding of fractional shares, which could widen investment options for retail investors
 "Sebi seeks inclusion of fractional shares in Companies Amendment Bill")
Dixon Technologies set to gain from new mobile phone manufacturing scheme
The new mobile manufacturing scheme rewards incremental sales, localisation and domestic R&D, potentially supporting Dixon's exports and smartphone volumes
 "Dixon Technologies set to gain from new mobile phone manufacturing scheme")
SAT rejects Parekh plea on Capital Group traders' cross-examination
Sebi had barred Parekh and Singapore-based trader Rohit Salgaocar in January 2025 for alleged front-running of trades of a US-based foreign portfolio investor
 "SAT rejects Parekh plea on Capital Group traders' cross-examination")
From trades to balance sheets: Sebi to widen AI surveillance net
The market regulator plans to use a dedicated AI model to track quarterly results and flag financial misstatements and manipulation without waiting for investor complaints
 "From trades to balance sheets: Sebi to widen AI surveillance net")
Sebi to introduce IT Resilience Index for market infra institutions
The move is aimed at strengthening oversight of the resilience of IT systems and identifying emerging weaknesses at an early stage, so that timely corrective measures can be taken.
PFC withdraws three-year bond issue as yields remain elevated in market
The state-owned lender raised ₹2,500 crore through a 15-year bond at a 7.55 per cent cut-off coupon, but withdrew its three-year issue after receiving bids at higher yields
 "PFC withdraws three-year bond issue as yields remain elevated in market")