Page 1482 - Markets News
Sebi to auction properties of Bishal Group on Nov 30 to recover money
Capital markets regulator Sebi will auction as many as 10 properties of Bishal Group of companies on November 30 to recover money that was illegally raised by the firms from the public
 "Sebi to auction properties of Bishal Group on Nov 30 to recover money")
Sensex rises 203 pts, Nifty ends near 17,800; Maruti zooms 5%, RIL 3%
Stock market wrap: Reliance alone contributed 231 points to the 30-share benchmark. Maruti, M&M and NTPC were the other major gainers. The Metal and IT sector witnessed selling pressure.
 "Sensex rises 203 pts, Nifty ends near 17,800; Maruti zooms 5%, RIL 3%")
Maruti Suzuki soars 5%, hits 52-wk high on better-than-expected Q2 results
The company said it has been making simultaneous efforts in securing electronic components availability, cost reduction, and improving realization from the market to better its margins
 "Maruti Suzuki soars 5%, hits 52-wk high on better-than-expected Q2 results")
Tata Chemicals drops 5% on profit booking post solid Q2 results
Analysts believe that prices and demand will remain stable in the near term while increase in energy prices and feedstock (limestone, coke and raw salt) remains a key concern.
 "Tata Chemicals drops 5% on profit booking post solid Q2 results")
Flying high! SBI, BoB, Canara Bank poised for up to 18% rally, charts show
The Nifty PSU Bank index hit a fresh 52-week high on Friday and has gained 15 per cent so far this month. The index can rally another 4 per cent.
 "Flying high! SBI, BoB, Canara Bank poised for up to 18% rally, charts show")
Analysts cut earnings estimate, target price on SBI Card post weak Q2 show
SBI Card has underperformed its peers amid company-specific/sector issues pertaining to market share, revolver share, and merchant discount rate (MDR)-related challenges
 "Analysts cut earnings estimate, target price on SBI Card post weak Q2 show")
SBI Cards and Payment Services tanks 7 per cent on muted Q2 earnings
SBI Card reported a modest quarter with net earnings impacted due to higher provisions.
 "SBI Cards and Payment Services tanks 7 per cent on muted Q2 earnings")
HPL Electric zooms 50% in 1 month on robust order book, revenue visibility
The management expects that the demand for the company's products from the domestic markets to continue unabated over the rest of FY23
 "HPL Electric zooms 50% in 1 month on robust order book, revenue visibility")
Narayana Hrudayalaya hits record high on healthy outlook; stock surges 9%
Analysts believe that Narayana Hrudayalaya's revenues will increase by around 8 per cent QoQ to Rs 1,117 crore amid continued traction for elective surgeries.
 "Narayana Hrudayalaya hits record high on healthy outlook; stock surges 9%")
Nykaa down 24% in one month, bows out of top-100 valued firms' club
The sharp selloff in Nykaa has come ahead of the end of one-year post IPO lock-in period, which ends next month.
 "Nykaa down 24% in one month, bows out of top-100 valued firms' club")
Stock of this SME electrical equipment maker has zoomed 500% in two months
RMC Switchgears hit a record high of Rs 264.25 on Friday, and has rallied a whopping 500 per cent in the past two months from a level of Rs 44, the BSE data shows.
 "Stock of this SME electrical equipment maker has zoomed 500% in two months")
Mehul Kothari is bullish on Voltas, Aegis Logistics; check why
Right from the month of April 2022; VOLTAS has been trading in a strong corrective mode and has come down from 1300 mark towards 850 mark
 "Mehul Kothari is bullish on Voltas, Aegis Logistics; check why")
Stocks to watch: Maruti, SpiceJet, SBI Card, Indus Towers, Tata Chemicals
Stocks to watch today: Maruti Suzuki, Vedanta will report the July-September quarter (Q2FY23) results on Friday, October 28; SBI Card reported 52 per cent YoY jump in net profit Rs 526 crore in Q2FY23
 "Stocks to watch: Maruti, SpiceJet, SBI Card, Indus Towers, Tata Chemicals")
F&O strategy: Bull Call Spread Strategy on M&M by HDFC Securities
The stock price of M&M has broken out on the daily chart where it closed at highest level since 22-Sept 2022
 "F&O strategy: Bull Call Spread Strategy on M&M by HDFC Securities")
Are airline stocks set to fly high?
Indian airlines doubled their fares on metro routes, even as they incurred lower fuel costs. This may boost their earnings in H2 FY23. But, are these stocks still worth your money amid competition?
 "Are airline stocks set to fly high?")
NHAI InvIT to be listed on stock exchange on Friday: Check details here
Infrastructure Investment Trusts are instruments on the pattern of mutual funds, designed to pool money from investors and invest in assets that will provide cash flows over a period of time.
 "NHAI InvIT to be listed on stock exchange on Friday: Check details here")
Sensex climbs 212 points amid mixed global cues; Tata Steel rises 3%
A strengthening rupee further bolstered sentiment, even as relentless foreign capital outflows restricted the gains, traders said.
India-dedicated funds stanch FPI sell-off in September, shows data
If not for inflows from India-dedicated funds, the FPI outflow tally in September would have crossed $2 billion.
 "India-dedicated funds stanch FPI sell-off in September, shows data")
RIL: Bulls set eyes on Rs 3,500-mark as stock above support held since 2017
Domestic brokerage firm Prabhudas Lilladher, too, lowered its earnings outlook on RIL and trimmed the target price to Rs 2,892
 "RIL: Bulls set eyes on Rs 3,500-mark as stock above support held since 2017")
Sebi's front-running investigations rise even as overall cases dip
More probes were completed than in the previous year