Page 1529 - Markets News

Mehul Kothari of Anand Rathi suggests selling IndusInd Bank. Here's why

Recently the stock of INDUSINDBK surged from the zone of Rs 800 towards Rs 1,100 mark without any meaningful correction. This indicates possibility of some profit booking

India could approve sugar exports in two tranches from Oct: Report

India is set to allow sugar exports in two tranches for the next season beginning in October, as the world's biggest producer of the sweetener tries to balance the interests of farmers and consumers

Boycott Bollywood hits PVR, Inox Leisure's stocks

Poor performance of Bollywood movies has made investors to dump multiplex stocks amid fears of sub-par earnings. Analysts see a rocky road for related players for lack of good content. Here's a report

Volatility may be a good thing for investors considering Info Edge stock

Analysts bullish about holding company of popular websites like Naukri and 99acres despite value erosion of Zomato, Policybazaar, its investee firms

Dish TV stock jumps 20% as chairman Jawahar Goel announces exit

The stock touched an intra-day high of Rs 14.46 apiece on the BSE, closing trade at Rs 14.24 a share, up 19 per cent over the previous day's close

Equities turn unattractive for Credit Suisse; cuts rating to underweight

Markets, Credit Suisse said, had factored in excessive hope and not enough economic realities ahead of the Jackson Hole Symposium

Are falling growth rates the next big worry for Indian equity markets?

A dip in demand amid rising inflation and central bank policies has seen brokerages, such as Goldman Sachs and Morgan Stanley, cut their respective growth estimates for the Indian economy

Amid global selloff, markets see intraday wild swings, Sensex down1,015 pts

The benchmark Sensex opened gap-down 827 points (down 1.4 per cent), then went on to fall -1,015 points, or 1.7 per cent over its previous day's close

Regional movies' revenue doing little for PVR, Inox; stay away, say experts

While there may be some bounce back, risks from OTT, sparse revenue from South Indian movies may put pressure on stock prices

As RIL announces big capex plans, analysts fear dent in return ratios

Speaking at the AGM, Mukesh Ambani announced plans to invest Rs 2 trillion in set-up a nationwide fifth generation (5G) mobile network by the end of next year

Adani Enterprises to enter Nifty 50 index in a new boost for Gautam Adani

Adani Enterprises will replace Shree Cement in the most tracked stocks gauge in India on September 30

General Atlantic Singapore sells 1.66 mn shares of KIMS worth Rs 204 cr

General Atlantic Singapore Kh Pte Ltd on Thursday offloaded 16.60 lakh shares of hospital chain Krishna Institute of Medical Sciences Ltd (KIMS) for Rs 204 crore through an open market transaction

Sensex drops over 1,000 pts intra-day: Top factors behind Thursday's crash

Index heavyweights, Reliance Industries and Tata Consultancy Services contributed the most to the sharp cuts as they slipped between 2-3 per cent.

Sensex sinks 770 pts, Nifty gives up 17,550 amid global sell-off; PSBs soar

CLOSING BELL: Reliance Industries tanked 3 per cent today, contributing nearly 30 per cent of the losses on the Sensex

Zee Entertainment dips 6% amid reports of CCI scrutiny over Sony deal

According to a Reuters report, Competition Commission of India (CII), observed that the merger between the Indian unit of Sony and ZEE will potentially hurt competition

Dish TV, Nelco, NDTV, Reliance Capital and 242 others freeze upper circuit

As of 12.14 pm, these stocks gained between 5 per cent and 20 per cent, as against 0.85 per cent decline in the Sensex at 59,032 points.

Best Agrolife zooms 37% in 2 days after Ashish Kacholia buys 1% stake

On Tuesday, August 30, 2022, Ashish Rameshchandra Kacholia purchased 318,000 equity shares, representing 1.3 per cent stake in Best Agrolife for Rs 30 crore on the NSE, data shows.

Ashok Leyland rallies 5% on bagging order for 1,400 school buses in UAE

The stock surpassed its previous high of Rs 158.15 touched on August 1, 2022. It was trading close to its record high of Rs 168 touched on May 8, 2018

Biocon sheds 4%, hits 52-week low as US FDA issues form 483 for 3 sites

The US health regulator has issued Form 483s with 11 observations each for two sites in Bengaluru and six observations for a plant in Malaysia site.

Stocks to watch: Biocon, SpiceJet, PNB, NTPC, Ashok Leyland, Coffee Day

Stocks to watch today: Biocon received 11 observations in Form 483 for their Bengaluru and Mayalsia facilities from the USFDA; Ashok Leyland won orders from major fleets for 1,400 school buses in UAE.