Page 1419 - Markets News

Hindustan Zinc to acquire Vedanta's international zinc biz; stock slides 9%

The company's board approved the acquisition of Zinc International business for a cash consideration not exceeding $ 2,981 million

F&O Call: Nandish Shah recommends Bull Spread strategy on IOC

The derivative analyst from HDFC Securities recommends to Buy IOC 83 Call and simultaneously SEll 85 Call of the January expiry.

Positive trend ahead for Nifty IT, bearish on metal index: Ravi Nathani

As per the technical analyst, the best trading strategy for traders would be to buy Nifty IT either at the current market price or at dips, with a target of 31,500

Stocks to Watch: RIL, PVR, HUL, Bata India, Sun Pharma, Vedanta, LTTS, Auto

Stocks to watch today: Jubilant Foodworks plans to open 3,000 Domino's stores - 250 stores for Domino's India in the next 12-18 months. It also plans to start 40-50 stores for Popeyes India

Shares of Adani Enterprises decline after FPO pricing, down over 4%

Issuance of partly paid shares, however, will queer the pitch for arbitrage traders

Clients went overboard on equities in last two years, says Ashish Shanker

Don't get carried away by near-term point-to-point returns as it will often lead to losses, says the Motilal Oswal Private Wealth MD & CEO

Sensex snaps two-day rally amid global weakness, falls 187 points

Weak US consumer data and hawkish comments from the Fed's policymakers hammered investor risk appetite

Analysts hopeful of ICICI insurance twins despite Q3 disappointment

Fair value targets of brokerages suggest there is some upside in the two stocks

Rs 20,000-cr Adani Enterprises FPO opens on Jan 27: Should you subscribe?

Shares of Adani Enterprises have soared 78.41 per cent so far this fiscal year (FY23), as against 4.2 per cent rise in the S&P BSE Sensex

Jubilant Foodworks plans to invest Rs 900 crore in India in 12-18 months

Out of the total CAPEX, Rs 500 crore to Rs 600 crore will be funded towards stores

Hike in royalty payout to parent could weigh on Hindustan Unilever margins

Analysts say impact depends on commodity and energy prices

Multiplex operator PVR back in the black in Q3, revenue jumps 53%

Earnings before interest, tax, depreciation and amortization (Ebitda) grew 75.1 per cent YoY to Rs 288.8 crore in the quarter

Sun Pharma to acquire US-based Concert Pharmaceuticals for $576 million

Deal size could expand to $827 mn if additional milestone-based payments are made

NTPC, Reliance, Adani top green hydrogen plays to bet on, say analysts

As per analysts, electrolyser manufacturers, fuel cell makers for non-emission vehicles, traditional players engaged in energy storage solutions or batter makers are among key beneficiaries

Vedanta to sell its foreign zinc assets to Hindustan Zinc for $2.98 bn

Hindustan Zinc's Q3 net profit drops 20% on lower output, prices

Rs 20,000-crore FPO to increase retail participation in Adani Enterprises

No interest to enter telecom sector, says Group CFO

Asian Paints Q3 results: Net profit rises 5.6% to Rs 1,072.7 crore

The paint major's net sales increased by 1.3 per cent to Rs 8,636.7 crore

Sensex snaps 2-day winning streak, ends 187 pts lower; Nifty50 below 18,150

CLOSING BELL: Broader markets, too, were subdued in trade as Nifty MidCap 100 and Nifty SmallCap 100 indices declined up to 0.4 per cent.

Sebi probes investments between Nippon Mutual Fund, YES Bank: Report

As of December 2022, Nippon India was the seventh-largest mutual fund in India with assets under management of 2.9 trillion rupees ($35.46 billion) as well as the biggest foreign-owned mutual fund

Asian Paints slips 3% after Q3FY23 result misses street estimates

The domestic decorative business registered a flat volume and value sales delivery for the quarter, on a very high price increase base in the previous year.