Page 1404 - Markets News

Zen Technologies hits record high; up 35% in one month on robust Q3 results

The company expects a few more big order wins from aggressive purchase being made by the government

Nifty Pharma dips to 7-mth low; bears may gain control if breaks 52-wk low

Barring Sun Pharmaceutical Industries, which is anticipated to rally up to 10 per cent; other stocks indicate weak bias, as per technical charts

Power stocks surge as govt orders coal-based plants to run at full capacity

The government has invoked emergency powers under Section 11 of the Electricity Act to impose the rule as it expects record surge in power demand this summer

Minda Corp slips 9% in 3 days after it acquires 15.7% stake in Pricol

MCL bought Pricol's shares at a price of Rs 208.98 per share. This is an open-market transaction and no prior approvals have been obtained

Combined equity market value of 10 Adani Group firms slips below $100 bn

Billionaire Gautam Adani and his companies have hired legal and communication teams, cut expenses and repaid debt as they seek to calm traders concerned about the group's access to financing

BSE Capital Goods index nears record high; Siemens, L&T gain up to 3%

Analysts at Emkay Global Financial Services uphold their constructive view on the sector, driven by its strong tender pipeline, softening commodity prices and expectation of good order inflow growth.

Delhivery jumps 5%, gains 14% in seven straight days post Q3 results

The stock was up over 5 per cent in Tuesday's trading session, and hit a high of Rs 359 on the BSE.

Marine Electricals rallies 5% after it bags order from Goa Shipyard

The company will supply shaft generators, main switch boards, distribution boards, and associated systems with OBS for PCV Project from Goa Shipyard

Uflex drops 4%, hits 52-wk low on report of Income-Tax raid at Noida office

According to several media reports, the Income Tax department was conducting a raid at the office of Uflex in Noida, alleging that the company has issued several bogus bills

Stocks to Watch: Asian Paints, Adani Green, JK Tyre, Tata Motors, GR Infra

Stocks to Watch: Adani Green Energy (AGEL) has decided to review its capital expenditure (capex) plan of Rs 10,000 crore for financial year 2023-24 (FY24)

Here's why Ravi Nathani suggests 'sell-on-rise' method for financial sector

According to the technical analyst, since Nifty Private Bank trades in a bearish trend, with moving averages, MACD, and RSI trending downwards, this, therefore, signals a negative market sentiment

Good upside seen in Oil India stock; most analysts are positive

And their price and fair valuation targets range between Rs 275 and Rs 290

Sebi issues consultation paper on disclosure requirements for listed firms

Capital markets regulator Sebi on Monday came out with a consultation paper on streamlining disclosure requirements by listed entities

Sensex, Nifty extend losses on lingering worries over interest rates

Reversing its early gains, the BSE Sensex closed lower by 311.03 points or 0.51 per cent at 60,691.54 as 18 of its scrips declined

Losing traction: BAFs' dream run halts even as equity market stays volatile

Funds see outflows for four months on the trot

Fresh bout of selling sees Adani m-cap go down by Rs 25,000 crore

Reports of a large ESG fund dumping stake lead to renewed turbulence

State Bank of India issues Rs 4.5K-crore in AT1, half of the amount planned

Bonds allocated at 8.2% coupon with call option in 2033

Samvardhana Motherson's SAS acquisition reasonably priced: Analysts

They say it will add 10-15% to firm's revenue and Ebitda, allow product and geographical diversification

Despite a poor start, we like Indian market: Julius Baer's Mark Matthews

"The Hindenburg-Adani Group affair will eventually become yesterday's news, and the market will focus on the fact that India does have strong earnings growth this year"

Are the markets ignoring the possibility of higher inflation?

Globally, too, sticky inflation seems to be a cause for concern. Last week, two Federal Reserve (US Fed) officials suggested that the US central bank may need to keep interest rates elevated ahead