Page 1539 - Markets News

Aviation stocks fly high as govt to lift domestic airfare caps from Aug 31

Shares of InterGlobe Aviation opened at Rs 2,070.05, then gained further to touch 2,080.80, registering a jump of 2.09 per cent over its last close.

Foreign investors pour over Rs 12k cr in Indian equities in last 10 days

The increase in the amount of money coming into the market has helped benchmark indices to rise sharply and rupee to appreciate against the US.

Sensex up 515 pts, Nifty tops 17,650 on lower-than-expected US inflation

CLOSING BELL: Easing CPI figures reduced the probability of a 75-bps rate hike in the upcoming US FOMC meeting

Wonderla Holidays zooms 20%, hits 52-week high on robust Q1 results

The company reported profit after tax of Rs 64.38 crore in Q1FY23 as against Rs 8.51 crore in Q4FY22 and net loss of Rs 13.25 crore in Q1FY22.

ICICI Bank market-cap hits Rs 6 trillion; stock rallies 26% in 2 months

ICICI Bank now joined the elite club of companies having market capitalisation (market-cap) of over Rs 6 trillion

Kirloskar Pneumatic soars 7%, hits record high as MFs acquire over 6% stake

On August 10, the promoters have sold 9.32 million shares or 14.45 per cent stake in the company for Rs 432 crore via bulk deals on the BSE.

Stock of this smallcap packaging company has zoomed 130% so far in 2022

TCPL is well positioned to cater to the growing demand for sustainable packaging solutions from leading brands and continues to support efforts towards facilitating a waste-free world.

HDFC executes unusual trade to hedge borrowings against interest rate risk

The switch in hedging tools comes as markets are buffeted by surging policy rates, with the Reserve Bank of India having hiked by 140 basis points since May to tackle inflation

Tata Motors hits over 5-month high; gains 10% in 9 days on positive outlook

Analysts at ICICI Securities expect the stock to maintain positive bias and head towards Rs 509 levels in the coming weeks

Eicher Motors hits new summit on strong Q1 show, stock up 51% in 5 months

The company's net profit soared 157.5 per cent YoY to Rs 610.66 crore in Q1FY23, while total income surged 64.4 per cent to Rs 3,446.12 crore.

Stocks to watch: Eicher Motors, Tata Consumer, Coal India, BoB, IRCTC

Stocks to watch today: Apollo Hospitals, Trent, Aurobindo Pharma will report their June quarter results (Q1FY23) on Thursday, July 11; Bank of Baroda raised their MCLR rate by 5-20 bps across tenors.

Is it time to sell dairy stocks?

Dairy companies continued to disappoint investors with dismal profits in the recently concluded quarter as high input costs eroded the sector's margins. Find out the likely trajectory for the sector

HDFC-HDFC Bank merger could set off Rs 48k-cr Nifty50 churn: Brokerage

Market players seek clarity from exchanges on the exclusion rule

Analysts bearish on Delhivery as volumes, integration costs weigh on Q1

Analysts, which expect improvement in the second half, are currently bearish on the stock

Jefferies sees 15% correction in Indian markets; adds Zomato to portfolio

In the past one month, the S&P BSE Sensex and the Nifty50 have gained around 8 per cent each with a large part of these gains coming via the BFSI route

Markets up, but demat openings moderate in July in continuing trend

1.8 mn new accounts added last month, compared to 2.7 million during first half of this year

Roll-out of 5G tech will map Bharti Airtel's stock trajectory: Analysts

Investors need to stay vigilant as payback from 5G is still unclear (across telcos globally), and may put pressure on tariff hikes, analysts cautioned

Oil prices slip as US crude stockpiles rise, eyes on US inflation data

Oil prices fell on Wednesday ahead of a key U.S. report on inflation and after industry data showed U.S. crude inventories unexpectedly rose last week, signaling a potential hiccup in demand.

Sensex, Nifty end flat; Tata Chemicals jumps 12%, IGL 6%; SpiceJet sheds 5%

CLOSING BELL: Among sectors, the Nifty IT index slipped 0.9 per cent, while the Nifty Metal index advanced 1.6 per cent

Sugar shares under pressure, decline up to 7%; Balrampur Chini at 2022 low

Shree Renuka, Dwarikesh, Triveni Engineering, Uttam Sugar, Dhampur Sugar and Dalmia Bharat Sugar are down in the range of 2 per cent to 7 per cent on the BSE.