Page 1511 - Markets News
Tata Investment hits record high, soars 29% in two weeks
Tata Investment said the company aims to remain invested in leaders in sectors, which they believe have potential to remain value accretive over the medium and long term.
 "Tata Investment hits record high, soars 29% in two weeks")
Bajaj Finserv trades ex-date for 1:5 split, 1:1 bonus; shares rally 6%
The company had fixed September 14, 2022 as the 'Record Date' for the purpose of determining the members, eligible for the sub-division of existing equity shares, and issue of bonus equity shares.
 "Bajaj Finserv trades ex-date for 1:5 split, 1:1 bonus; shares rally 6%")
Here's why Mehul Kothari recommends buying Jubilant Foodworks, KPIT Tech
According to the technical analyst from Anand Rathi, Jubilant Foodworks can rally to Rs 660, while KPIT Technologies could jump to Rs 620.
 "Here's why Mehul Kothari recommends buying Jubilant Foodworks, KPIT Tech")
Stocks to Watch: HDFC Life, TCS, Zee Entertainment, OMCs, Coal India
Stocks to Watch: Abrdn, formerly Standard Life, is looking to sell 2 per cent of its stake in private sector insurer HDFC Life via block trades on Tuesday
 "Stocks to Watch: HDFC Life, TCS, Zee Entertainment, OMCs, Coal India")
Should you hold rice mill stocks amid export curbs?
Govt's imposition of export duties on rice may harm the profitability of rice-mill companies in the near-term. But, healthy rice harvest is expected to override negative sentiments in the long-haul
 "Should you hold rice mill stocks amid export curbs?")
Smaller i-banks join big-fat IPO party; large players get picky
Many are beefing up their investment banking teams and pitching for deals which otherwise would have gone to larger banks
 "Smaller i-banks join big-fat IPO party; large players get picky")
Despite low demand, Street waking up to cement sector's improving prospects
Investors may consider companies with industry-leading growth and profitability
 "Despite low demand, Street waking up to cement sector's improving prospects")
Stocks rise for 3rd day; Sensex closes above 60,000, Nifty scales 17,900
Gains in global equity markets also propped up the local equities
 "Stocks rise for 3rd day; Sensex closes above 60,000, Nifty scales 17,900")
Retail MF assets top Rs 20 trillion for the first time in August
More retail investors now take the MF route for investing rather than direct investing
 "Retail MF assets top Rs 20 trillion for the first time in August")
Despite over 20% rally from June lows, analysts bullish on broader markets
With the recent rally, the Nifty Midcap 100 now trades at an 18-per cent premium to large-caps at 23.2x
 "Despite over 20% rally from June lows, analysts bullish on broader markets")
Export ban, duties to weigh on rice mill stocks in near-term, say analysts
Shares of LT Foods, Kohinoor Foods, KRBL, Chaman Lal Setia Exports, for instance, have declined in the range of 2 per cent to 9 per cent, as against 0.4 per cent gain in the Nifty50 index.
 "Export ban, duties to weigh on rice mill stocks in near-term, say analysts")
Rupee ends 6 paise up against dollar at 79.52 ahead of inflation data
Brent crude oil prices were at $93.78 a barrel by the closing of Indian market hours
 "Rupee ends 6 paise up against dollar at 79.52 ahead of inflation data")
Sensex rises 322 pts, Nifty tops 17,900 amid global rally; IT stocks shine
CLOSING BELL: Tech M, Titan, Axis Bank, Infosys, Ultratech Cement, Bajaj Finance, Tata Steel, Wipro, RIL, and TCS were the top large-cap winners
 "Sensex rises 322 pts, Nifty tops 17,900 amid global rally; IT stocks shine")
Top Gainers and Losers, NSE: TECHM grows 3.4%; ULTRAMCEMCO falls 1.9%
Today NSE Top Gainers and Top Loser, 9 Sept: Tech Mahindra rose by 3.4 percent, UltraTech cement falls by 1.97 percent. Read this detailed report on gainers and losers in National Stock Exchange
 "Top Gainers and Losers, NSE: TECHM grows 3.4%; ULTRAMCEMCO falls 1.9%")
Will 'Brahmastra' revive bullish bias for PVR, Inox? Check what charts say
Despite the 15 per cent correction from record highs, touched in August, PVR and Inox Leisure have managed to sustain above their respective 200-DMAs
 "Will 'Brahmastra' revive bullish bias for PVR, Inox? Check what charts say")
Stock of this PSU defence company has zoomed 113% thus far in 2022
HAL said the company is deeply dedicated towards manufacturing of indigenous aircraft and helicopter under Atmanirbhar Bharat
 "Stock of this PSU defence company has zoomed 113% thus far in 2022")
TVS Motor zooms 109% from March'22 low; m-cap crosses Rs 50,000 crore
At 10:59 am; TVS Motor Company's market capitalisation stood at Rs 50,312 crore, the BSE data shows.
 "TVS Motor zooms 109% from March'22 low; m-cap crosses Rs 50,000 crore")
Adani Ports gains 3%, hits new high on improved business outlook
In Q1FY23, the company reported a record EBITDA of Rs 3,005 crore, up 11 per cent YoY on the back of revenue growth for the ports and logistics business
 "Adani Ports gains 3%, hits new high on improved business outlook")
Lemon Tree Hotels zooms over 100% in one year, stock nears record high
The increasing traction in corporate travel will benefit us to a great extent as more than 85 per cent of the company's inventory is in business hotels, the company said in its annual report.
 "Lemon Tree Hotels zooms over 100% in one year, stock nears record high")
Rs 51,100-level remains a key hurdle for Gold futures; Silver tests 200-DMA
The upside for MCX Gold October futures is seen capped around Rs 51,100-level for now. On the other hand, Silver futures may consolidate following the near 5 per cent rally last week.
 "Rs 51,100-level remains a key hurdle for Gold futures; Silver tests 200-DMA")