Page 1409 - Markets News

Bajaj Auto rallies 12% in 8 trading days; stock nears record high

Analysts at Emkay Global Financial Services believe Bajaj Auto's Ebitda margin may expand 196 bps YoY in Q4FY23 due to price hikes, better mix and rupee depreciation

ITC, Nestle India: Fresh breakouts to assist FMCG index reach historic peak

FMCG stocks may rise up to 17% once the index hits a new all-time high

Infosys Q4 Preview: Profit may weaken sequentially; FY24 guidance eyed

The quantum of deal pipeline, nature of large deals, pace of decision-making and drivers of consolidation trend will also be closely tracked

Sugar shares surge amid rising prices; Balrampur, Dwarikesh rally up to 6%

Sugar prices in India have also climbed more than 6 per cent in the past two weeks

Venus Pipes rallies 7% to hit record high as Ashish Kacholia buys 2% stake

On April 11, 2023, Ashish Rameshchandra Kacholia bought 4 lakh equity shares, which represented 1.98 per cent stake of Venus Pipes at Rs 750 per share via block deal

Sula Vineyards jumps 11% after strong March quarter business update

Analysts believe that the wine producer is well placed to leverage global consumer shift towards low-alcohol beverage segment - beer and wine

Stocks to Watch: TCS, HDFC Bank, Adani Ent, Sugar, Paras Defence, BHEL

Stocks to watch today: Lenders of debt-ridden Reliance Capital (RCap) have fixed April 26 as the new date for the second auction. As per the earlier schedule, it was to be held on April 11

HDFC Securities picks two stocks with bullish breakout patterns; Check here

The stock of Bank of Baroda is on the verge of breaking out from the symmetrical triangle

Charts show bullish trend for Nifty Auto, adopt buy-on-dips: Ravi Nathani

Based on the technical analysis of the Nifty Auto index using near-term charts, it is anticipated that the index may continue its upward trend in the near to short term, said the technical analyst

Kotak Mahindra Bank jumps 5% to Rs 1,847.60 after FPI room increases

Analysts said, the higher legroom will lead to an increase in the lender's weight in the MSCI India index, purchases worth close to a billion dollars of its stock

Shareholder count in all 10 Adani stocks jumps despite Hindenburg storm

Adani Enterprises and Adani Ports-both part of the benchmark Nifty 50 index-saw the highest increase in number of shareholders, mainly individual investors

Sebi codifies 'excuse-exclude' norms used by AIFs for managing portfolios

Move to help curb cherry-picking of deals by LPs, manage conflict of interest

Too early to say if sub-par monsoon will dent market sentiment: Analysts

Experts say that the volume of rainfall, its timing and dispersion will crucially influence crop sowing, output and prices

Oil prices rise in choppy trading with US and China inflation in focus

Brent crude futures rose 65 cents, or 0.8%, to $84.83 a barrel by 1405 GMT. US West Texas Intermediate futures rose 92 cents, or 1.2%, to $80.66 a barrel

Sebi imposes fine of Rs 15 lakh on 3 individuals for non-genuine trades

In three separate orders, the watchdog slapped a fine of Rs 5 lakh each on Radha Devi Goenka, Radhey Shyam Manchanda and Sanchit Arora

Sebi to AIFs: Offer direct plans; introduces trail model for commissions

New norms to curb mis-selling, bring parity on upfront commissions that are already barred in MFs, PMS

Majority large-Cap equity MFs fall behind benchmark in 2022: S&P Dow Jones

In the same period, the benchmark for Indian Equity Mid-/Small-Cap funds -- the S&P BSE 400 MidSmallCap index -- rose 2% in 2022, and 55% of active managers underperformed the index over that period

Private equity inflows plunge over 75% to $2.2 bn in March quarter: Report

At $2.2 billion of inflows, this is the lowest private equity investment in the country since 2018, when it stood at $1.7 billion

NSE's IPO plan unapproved by Sebi until pending cases are resolved: Report

A delayed NSE IPO will test the patience of its core shareholders - banks, insurance companies and foreign funds - who have been waiting for an exit opportunity in rising markets

Bulls ride on bank stocks to end higher for 7th session; Sensex up 311 pts

CLOSING BELL: The Nifty50 added 98 points to end at 17,722 level