Page 1510 - Markets News

Sensex gyrates 1,232 pts, ends 224 pts down; Nifty holds 18,000; banks jump

CLOSING BELL: Financials, largely banks, along with metals gave muscle to the bounce back with the Nifty Metal and the Nifty Bank indices rising over 1 per cent each

Kalyan Jewellers up 12% on heavy vol; tops issue price for the first time

With the industry's formalisation and mandatory hallmarking by the Government, the company said that they are well-poised to capitalise on emerging opportunities and demands in the coming years.

Stock of this specialty chemicals company zoomed over 100% in five weeks

Shares of Jyoti Resins & Adhesives locked in 5 per cent upper circuit for the fifth straight day as they hit a new high of Rs 1,769.70 on the BSE.

Chart check: Global markets crack but Sensex, Nifty may still hit new peaks

The underlying trend for the benchmark indices continues to be bullish given that the Sensex and the Nifty50 indices honor 59,000 and 17,700 levels, respectively

Nifty IT index tumbles nearly 4% on growth concerns; Infosys down 5%

On Wednesday, shares of TCS, Infosys, Coforge, Tech Mahindra, Larsen & Toubro Infotech, L&T Technology Services and Mindtree were down in the range of 3 per cent to 5 per cent

Investors' wealth tumbles Rs 2.21 trn amid sell-off in opening trade

Investors' wealth eroded by more than Rs 2.21 lakh crore in early trade on Wednesday, with the market witnessing a selling-off amid prospects of aggressive rate hikes by the US Federal Reserve

Ambuja Cements up 3%, hits new high in a weak market on fund raising plan

The board of directors of Ambuja Cements is scheduled to meet on September 16, 2022 to consider and evaluate proposal for raising of funds

Bias for MCX Crude Oil still negative; Natural Gas seeks support at 100-DMA

The MCX Crude Oil September futures may trade in a broad range of Rs 6,550 to Rs 7,150 this week. MCX Natural Gas futures seem to be finding support around the 100-DMA.

SEBI asks pharma companies to disclose details that can impact stock prices

The details that need to be disclosed are new drugs, pending patents, source of raw materials, and new partnerships, among others

Stocks to Watch: Infosys, Bharat Forge, JSW Steel, IRCTC, Ambuja Cements

Stocks to Watch: JSW Steel has signed a memorandum of understanding (MoU) with SMS group, a German engineering and technology company, for exploring decarbonisation projects

Vinay Rajani recommends buying Tata Coffee, PSP Projects; check why

The technical analyst from HDFC Securities says that support for the Nifty has risen to 17,777, and the index on the upside can rally to 18,350 - 18,600.

Is the worst over for global equity markets?

Business Standard's Puneet Wadhwa spoke with Mark Matthews, head of research for Asia at Julius Baer to understand what he makes of the current market rally and if the worst of inflation is behind us

Nifty reclaims 18K mark, settles at 8-month high; FPIs pump in Rs 1,956 cr

Sensex less than 2% shy of new lifetime high

Adani Enterprises becomes 4th Group firm to cross Rs 4 trillion market cap

Adani Enterprises will join the benchmark index, the most tracked stocks gauge in the country, from September 30 in place of Shree Cement.

Should you subscribe to Harsha Engineers IPO? Here's what analysts say

Harsha Engineers IPO: Its exports make up nearly two-thirds of its revenue, and it supplies its products to customers in over 25 countries across North America, Europe, Asia, South America, and Africa

Mutual funds cut flab in RIL, Airtel to bet on blue chips in August

Industry players said domestic funds decided to book profits on valuation concerns around strong influx of foreign flows

Analysts bullish on banks, defence-related plays in the PSU pack

The rally in PSU pack thus far in CY22 was mostly led by stocks from the banking and defence-related verticals, while those of oil & gas and metals & minerals did not contribute much

Sebi mulls farmework for market making to deepen bond markets

With over 98 per cent of corporate bonds being private placements, leading to a shallow secondary market, Sebi is planning to come out with a framework for market-making to help markets become vibrant

Sebi wants more safeguards for F&O trades to shield small investors

Is against dictating IPO pricing; calls for greater disclosures and transparency

Sebi has no business to suggest IPO pricing of new-age tech firms: Chief

She added that there needs to be more disclosures by companies on how valuations have changed between a pre-initial public offering (IPO) placement and the price which is being asked for in the issue