Page 1415 - Markets News
ONGC, Oil India surge up to 6% as oil prices rise post OPEC+ output cut
Sustained higher crude oil prices and gas realisations can result in better profitability for upstream oil and gas companies, analysts said
 "ONGC, Oil India surge up to 6% as oil prices rise post OPEC+ output cut")
Orient Electric dips 5%, nears 52-wk low as MD & CEO Rakesh Khanna resigns
The company has appointed Rajan Gupta as Additional Director and the Managing Director & Chief Executive Officer of the company
 "Orient Electric dips 5%, nears 52-wk low as MD & CEO Rakesh Khanna resigns")
Crude Oil rallies as OPEC+ cuts output; Trend reversal unlikely hint charts
On Monday, the MCX Crude Oil futures were seen trading above the 100-DMA for the first time in more than six months. Sustained trade above Rs 6,350 can help the trend turn favourable for Crude Oil.
 "Crude Oil rallies as OPEC+ cuts output; Trend reversal unlikely hint charts")
Bond yields seen rising tracking oil prices; H1 borrowing plan weighs
The yield fell 14 basis points in March, its first monthly fall since November, but rose 48 bps in fiscal 2023, and recorded its third consecutive rise
 "Bond yields seen rising tracking oil prices; H1 borrowing plan weighs")
Stocks to Watch: Tata Motors, ONGC, Maruti, HAL, RVNL, HG Infra, JSW Energy
Stocks to Watch: Oil related stocks like ONGC/Oil India/RIL/ refiners will be in focus as crude jumped 8 per cent following a surprise output cut by the OPEC+
 "Stocks to Watch: Tata Motors, ONGC, Maruti, HAL, RVNL, HG Infra, JSW Energy")
Traders can adopt buy-on-dips strategy for Nifty, Nifty Bank: Ravi Nathani
The technical analyst recommends to employ 'buy-on-dips' trading strategy for Nifty, given positive outlook for the index in the short term
 "Traders can adopt buy-on-dips strategy for Nifty, Nifty Bank: Ravi Nathani")
Lock, stock, and over a barrel for firms with April lock-in expiry date
Newly listed stocks in focus
 "Lock, stock, and over a barrel for firms with April lock-in expiry date")
Street Signs: Covid trot to winning run, Avalon Tech's premium, and more
Banking stocks outperformed in the just-concluded financial year (2022-23), with the sectoral gauge gaining 12 per cent, against a 0.6 per cent decline in the benchmark National Stock Exchange Nifty
 "Street Signs: Covid trot to winning run, Avalon Tech's premium, and more")
Growth, margins play whack-a-mole with consumer discretionary space
Some brokerages bet on consumer staples, preferring this more defensive space
 "Growth, margins play whack-a-mole with consumer discretionary space")
RBI decision, global cues to drive mkts in holiday-shortened week: Analysts
RBI's interest rate decision, macroeconomic data and global trends would dictate terms in the equity market in a holiday-shortened week, analysts said
Mcap of nine of 10 most valued firms jumps Rs 2.34 trillion last week
Nine of the top 10 valued firms together added Rs 234,097.42 crore in market valuation amid a positive trend in equities last week, with Reliance Industries emerging as the biggest gainer
 "Mcap of nine of 10 most valued firms jumps Rs 2.34 trillion last week")
Sebi bans 3 people for 2 yrs; fines Rs 90 lakh in ZEEL insider trading case
Sebi has barred three individuals from the securities market for two years and imposed penalty totalling Rs 90 lakh on them in a case pertaining to insider trading activities in the scrip of ZEEL
 "Sebi bans 3 people for 2 yrs; fines Rs 90 lakh in ZEEL insider trading case")
India Inc's credit profile shows robust performance in Fy23: India Ratings
Sustained deleveraging, continued revenue, profitability growth boost rating
 "India Inc's credit profile shows robust performance in Fy23: India Ratings")
Sebi probing some Adani offshore deals for possible rule violations: Report
The three entities allegedly entered into several investment transactions with unlisted units of the ports-to-power conglomerate founded by Gautam Adani over the last 13 years, the report said
 "Sebi probing some Adani offshore deals for possible rule violations: Report")
Markets log biggest 1-day jump in over 4 months; RIL, ICICI lead charge
Three-month losing run ends; RIL, ICICI Bank lead charge
 "Markets log biggest 1-day jump in over 4 months; RIL, ICICI lead charge")
With policy ammunition, defence stocks continue to yield strong returns
Most sector PSUs ended FY23 with strong order books
 "With policy ammunition, defence stocks continue to yield strong returns")
RIL up 4%; Lenders, shareholders to meet May 2 for financial arm's demerger
The move is expected to create a big player in segments including the NBFC (non-banking financial company) space with net worth of Rs 25,851 crore as of March 2022.
 "RIL up 4%; Lenders, shareholders to meet May 2 for financial arm's demerger")
From going green to women only: Mutual funds to differentiate in FY24
In FY24, asset management companies (AMCs) are set to try out new schemes to attract investor
 "From going green to women only: Mutual funds to differentiate in FY24")
Markets flat after volatile year; benchmarks swing over 20% in FY23
Experts see modest returns in FY24 too
Sebi imposes Rs 1.55-cr fine on 23 entities for flouting regulatory norms
Sebi investigated in the matter of TIL, wherein certain unsolicited SMSs were floated in Capital One channel in messaging app Telegram giving buy recommendation for the scrip Transwind