Page 1502 - Markets News
Aurionpro soars to 14-year high; stock up 83% in the last 3 months
The stock hit an intra-day high of Rs 468, and has surged 14% in the last two trading sessions.
 "Aurionpro soars to 14-year high; stock up 83% in the last 3 months")
LNG markets may tighten further in 2023 as demand likely to rise: IEA Chief
LNG markets in 2023 may be tighter than this year as demand may rise in China, India and other parts of Asia, the head of the International Energy Agency (IEA) said
 "LNG markets may tighten further in 2023 as demand likely to rise: IEA Chief")
Stocks to Watch: Hero Moto, Adani Enterprises, Zydus Life, Vodafone Idea
Stocks to Watch today: Hero MotoCorp said it will invest USD 60 million (about Rs 490 crore) in US-based Zero Motorcycles to jointly develop electric motorcycles
 "Stocks to Watch: Hero Moto, Adani Enterprises, Zydus Life, Vodafone Idea")
Derivatives analyst Nandish Shah recommends selling Axis Bank futures
The analyst from HDFC Securities recommends selling Axis Bank October contract on rise with a stop loss at Rs 745, for a downside target of Rs 705.
 "Derivatives analyst Nandish Shah recommends selling Axis Bank futures")
Will rate hikes spell more trouble for crypto markets?
The US Fed's aggressive monetary tightening policy has spelt trouble for the crypto markets. Find out the road ahead for the crypto markets, as global central banks affirm to higher interest rates
 "Will rate hikes spell more trouble for crypto markets?")
Indian bond, equity markets decoupled; see 30% downside in Nifty50: CLSA
The decoupling of Indian equity markets, this year, from the global markets has been remarkable. While the S&P 500 has lost over 20 per cent in CY22 so far, the Nifty50 index is marginally in the red
 "Indian bond, equity markets decoupled; see 30% downside in Nifty50: CLSA")
Sensex and Nifty drop for seventh day running; FPIs pull out $2 billion
Benchmark indices crash 5.5% as FPIs yank out $2 billion
US economy, geopolitics: Factors that could roil markets next quarter
With the rupee weakening against the US dollar, a more hawkish pivot by RBI is expected
Rupee decline starts to cut into Sensex earnings in dollar terms
The recent decline in the US equity market has revealed a significant valuation gap between the Indian and the US equity markets
 "Rupee decline starts to cut into Sensex earnings in dollar terms")
Analysts remain bullish on Tata Motors as company drives in Tiago EV
Analysts at Nomura expect the Tiago EV to sell 3,000 - 5,000 units per month, and its overall EV sales to touch 60,000/ 96,000 in FY23/24
 "Analysts remain bullish on Tata Motors as company drives in Tiago EV")
S&P affirms Kerala's 'BB-/B' rating, gives outlook stable to state
Deficits resulting from spending on socio-economic programmes constrain ratings for the state: Agency
 "S&P affirms Kerala's 'BB-/B' rating, gives outlook stable to state")
Sebi permits FPIs to participate in exchange-traded commodity derivatives
The new guidelines, came after Sebi's board approved a proposal in this regard in June, will come into force with immediate effect
 "Sebi permits FPIs to participate in exchange-traded commodity derivatives")
F&O expiry: Nifty holds 16,800, Sensex dips 188 pts day ahead of RBI policy
CLOSING BELL: ITC, Dr Reddy's Labs, Tata Steel, Sun Pharma, M&M, NTPC, and Nestle India were the top large-cap winners, while Asian Paints, Tech M, Wipro, TCS, Titan, Kotak Bank sank
 "F&O expiry: Nifty holds 16,800, Sensex dips 188 pts day ahead of RBI policy")
Increased construction activity to balance cement demand: India Cements
The Centre and southern states were expected to retain their thrust in giving a push to housing and infrastructure projects leading to cement demand to remain on track
 "Increased construction activity to balance cement demand: India Cements")
Reliance Industries' stock hits over 6-month low; slips 7% in one week
Thus far in the month of September, RIL's stock has shed 12 per cent, as compared to 2.7 per cent decline in the Sensex
 "Reliance Industries' stock hits over 6-month low; slips 7% in one week")
Sebi bans The Apex Global, its proprietor from markets for 4 years
Sebi has barred The Apex Global and its proprietor Yadunath Singh Thakur from securities markets for four years and directed them to refund money collected from investors
Oil prices drop again after rebound as dollar strengthens, demand weakens
Oil prices fell on Thursday after gaining more than $3 in the prior session, with a strong dollar capping oil demand and concerns over the faltering global economic outlook clouding market sentiment
 "Oil prices drop again after rebound as dollar strengthens, demand weakens")
LIC, Nykaa, Tata Motors: Are these buzzing stocks bottoming out?
Sun Pharmaceutical seems set to register a new 52-week high; while Tata Motors and Torrent Pharmaceuticals are yet to take-off their respective obstacles, charts show.
 "LIC, Nykaa, Tata Motors: Are these buzzing stocks bottoming out?")
Sun Pharma extends rally, surges 7% in two days; now trades at 5-month high
Sun Pharma could see structural growth and be relatively insulated from the adverse price erosion scenario in the US, according to analysts.
 "Sun Pharma extends rally, surges 7% in two days; now trades at 5-month high")
Sugar sales, exports likely to decline in UP as consumption comes down
The high production cost of sugar in Uttar Pradesh may adversely impact its export from the state, creating a glut-like-situation in the upcoming cane crushing season
 "Sugar sales, exports likely to decline in UP as consumption comes down")