Page 1428 - Markets News

Craftsman Automation soars 9%; hits record high on acquisition of DR Axion

The company and DRAIPL both operate in the auto components space and have strengths in complementary areas. The acquisition will help both entities leverage their strengths and build better synergies.

HG Infra wins NHAI project worth Rs 997 crore; stock surges 8%

The project namely construction of six lane greenfield Karnal Ring road starting from NH44 near Village Shamgarh and terminating at Karnal Munak Road Vill Samalakhal in Haryana.

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

The derivative analyst from HDFC Securities recommends to Buy Bharat Forge 880 Call and simultaneously Sell 900 Call for the January expiry.

Metro Brands, Bayer Crop are ready for range breakout, says Mehul Kothari

According to the technical analyst from Anand Rathi, Metro Brands can rally to Rs 910; while Bayer Cropscience can surge to Rs 5,200.

Stocks to Watch: Elin Electronics, Cipla, Eicher Motors, RIL, Banks, Pharma

Stocks to Watch: Elin Electronics to debut today, the stock is likely to list on a quiet note.

Debt MF schemes doing well in stress tests: RBI financial stability report

The central bank says stress tests show risks faced by debt schemes is within limits

Sensex, Nifty set to gain for seventh straight year; smallcaps underperform

The underperformance of the small-caps, according to analysts, was mostly due to rising raw material prices and the hike in rates by central banks, which in turn impacted their financial performance

Equity fundraising via QIPs, rights issues slump to lowest since 2016

Some investment bankers argued that the reason for tepid fundraising through QIPs and rights could also be due to the fact that companies this year were not in need of large capital

Global slowdown, Union Budget: 5 factors that will guide markets in 2023

Analysts expect the Indian equity markets to consolidate over the next few months, as they fully digest the negatives of rich valuations, rising interest rates amid growth headwinds.

Defence procurement, pipeline offer strong growth for Bharat Dynamics

Margins for state-owned firm that specialises in missiles would be range bound given higher raw material costs

Brokerages pick banks, infra and telecom for 2023 play; IT, metals may drag

The banking sector was a standout performer in 2022 with the Nifty PSU Bank rallying almost 70 per cent

Indices see-saw on Covid fears, fag-end buying in telecom, banking stocks

the broader NSE Nifty gained 68.50 points or 0.38 per cent to end at 18,191

Sebi fines DSP group firms Rs 1 lakh for charging TER from AMC books

Sebi noted the defaulters paid 0.09% expenses of the scheme out of 0.16% from their own books in case of DSP Nifty 50 ETF

NSE cautions investors to stay clear of products offering assured returns

The National Stock Exchange (NSE) has asked investors not to put their money in any scheme promising assured returns from investments in the stock market.

Sensex jumps 224 pts on late buying, Nifty nears 18,200; SBI, Airtel shine

CLOSING BELL: The S&P BSE Sensex gained 732 points from the day's low, while the Nifty 50 jumped 218 points in intra-day trades, partly on account of short-covering owing to the monthly F&O expiry.

Arvind SmartSpaces hits new high in a weak market, rises 105% in 6 months

ASSL has completed 3.8 million sf of projects, while 14.9 million sf projects are under construction and around 6.6 million sf projects are under pipeline

Stock of this sugar company has zoomed 100% in less than 3 months

At 11:47 AM; Ponni Sugars (Erode) traded 7.5 per cent higher at Rs 462.65, as against 0.45 per cent decline in the S&P BSE Sensex

Ashoka Buildcon gains 4% on securing orders worth Rs 755 cr

The company was awarded projects worth Rs 754.60 crore from the Madhya Pradesh PoorvKshetra Vidyut Vitaran company for supply, installation, testing and commissioning of new 11 KV lines in Balaghat.

KFin Technologies makes listless debut; slips over 2% from issue price

Post tepid listing, KFIN stock price slipped to a low of Rs 355 as against the issue price of Rs 366 per share.

Shriram Finance slips 7% as additional 174 mn shares get listed on bourses

17,43,44,710 equity shares of Rs 10 each of Shriram Finance were listed and permitted for trade on the exchange with effect from Thursday, December 29, 2022.