Page 1421 - Markets News

Number of Demat accounts rises 34% to 10.8 cr in Dec on attractive returns

Attractive returns and the ease of account opening process mainly contributed to the rise in demat accounts

Mcap of 7 of top 10 most-valued firms jumps Rs 1 trn; TCS, Infosys sparkle

The valuation of TCS rallied Rs 59,349.81 crore to Rs 12,34,637.11 crore, the most among the top-10 firms

Adani Enterprises' Rs 20,000-crore FPO likely before Budget 2023

Will be first to issue partly-paid up shares

Private equity major Apax Partners offloads 2.14% in Shriram Finance

Dynasty Acquisition, an affiliate firm of the PE player, sold close to 8 million shares at Rs 1,300 apiece

Rupee registers biggest weekly gain against US dollar in two months

Hope of reduced Fed rate hikes, lack of RBI dollar buys drive rupee gains

HCL Tech Q3: Weak macros, narrow FY23 guidance limit upside, warn analysts

In Friday's trade, the stock gained marginally to close at Rs 1,077 per share, as against 0.5 per cent rise in the S&P BSE Sensex

Indices rebound after 3-day decline on easing inflation; Sensex up 303 pts

The 30-share BSE Sensex rose by 303.15 points or 0.51 per cent to settle at 60,261.18. During the day, it jumped 460.23 points or 0.76 per cent to 60,418.26

Wipro follows IT trend, logs 2.8% rise in Q3 consolidated net profit

Vendor consolidation, low attrition help IT sector report a good third quarter

Infosys strong TCV, deal wins in Q3 lend comfort amid macro risks: Analysts

Infosys Q3 review: The company is likely to benefit from vendor consolidation opportunities, gain market share and see margin expansion going ahead, say analysts

Sebi mulls allowing PE funds to become sponsor of mutual fund house

The Securities and Exchange Board of India (Sebi) has sought comments from the public till January 29 on the proposals

Senior executives at NDTV quit, company says putting new team in place

Group president Suparna Singh, chief strategy officer Arijit Singh and chief technology officer Kawaljit Singh Bedi exit firm

World shares mostly higher on US inflation data, tracking Wall Street gains

The futures for the S and P 500 and Dow Jones Industrial Average edged 0.1per cent lower

Sensex ends 303 pts higher fueled by Infosys, ICICI Bank; Nifty near 17950

CLOSING BELL: Within sectors, barring consumer durables, PSB and Metal indices on the Nifty logged in most gains, up over 1 per cent each, followed by IT and financial pockets

Stock of this AMC has zoomed over 100% in one week

The BSE said that the exchange sought clarification from Shriram Asset Management Company on January 12, 2023, with reference to Movement in price, however, the reply is awaited.

Titan Company slips 2% to hit over four-month low; down 14% from 52-wk high

The stock was trading at its lowest level since August 23, 2022 and has slipped 8% in the last eight trading days

Kolte-Patil Developers rallies 12% on highest-ever quarterly sales in Q3

The management said that this growth was achieved on the back of firm realisations and highest-ever quarterly sales volumes, which improved 102 per cent QoQ and 31 per cent YoY

HDFC Bank, ICICI Bank: Will Q3 results ease volatility in banking stocks?

HDFC Bank's stock to turn bearish only beneath the support of Rs 1,500

Archean Chemical hits highest level since debut; up 51% against issue price

The stock rallied 7% to hit a new high of Rs 612.70 in the intra-day trade today

Rail Vikas gains 13% in 3 days on securing orders worth of Rs 1,173 crore

On Wednesday, January 11, RVNL announced that the company bagged a Chennai Metro Rail project worth of Rs 1,134 crore and the project has to be completed in 1,065 days.

HDFC Bank Q3: PAT may grow up to 20% YoY; margin, asset quality seen steady

Outlook on margin trajectory, asset quality in Agri/Unsecured book, and commentary around credit cards, traction in fee income, and the merger with HDFC will be the key monitorables, analysts said