Page 1580 - Markets News

MRPL, Chennai Petro soar up to 8% as crude oil prices rebound

MRPL, Chennai Petroleum and Hindustan Oil Exploration soared around 8 per cent each. Oil explorers - Oil India and ONGC also logged smart gains in an otherwise weak market.

Zomato tumbles 14% in two days post Blinkit acquisition deal

The acquisition of Blinkit by Zomato Ltd. is expected to add to its woes of high operating losses, said analysts

Brigade Enterprises signs JDA for residential project in Chennai; stk up 6%

The Joint Development Agreement is for a large residential township development project at Perumbakkam, which is one of the fast-emerging residential hubs in Chennai

Bajaj Auto slips 2% as share buyback fails to cheer investors

The company intends to buy back 5.43 million shares, aggregating up to 1.88 per cent of its paid-up share capital via the open market at Rs 4,600 per share.

Stocks to watch: Bajaj Auto, TVS Motor, Tata Steel, Cipla, JSW Steel, FRL

Stocks to watch today: Bajaj Auto approved buyback of shares worth up to Rs 2,500 crore; Moody's upgraded Tata Steel's outlook to 'positive' from 'stable'

Mehul Kothari recommends this strategy on Bajaj Finserv and LTTS

According to the technical analyst from Anand Rathi, Bajaj Finserve should be bought on rise above Rs 12,000, while one should consider buying LTTS on dips near Rs 3,000-mark.

How market uncertainty will impact India Inc's fund-raising plans?

India's stock market is passing through rough weather. Will the uncertainty in the secondary markets and rising interest rates impact the fund-raising plans of India Inc.? Here is a quick check

Commodities face recession test even as Goldman Sachs stays bullish

Across markets, there's growing talk that high prices for raw materials will be cured only by recessions in the second half

For Bajaj Auto, share buyback worth up to Rs 2,500 crore spurs optimism

Fall in raw material prices, low base, and normal monsoon are other positives

Benchmark indices extend winning streak as commodity prices moderate

Buying in IT stocks - spurred by a global trend - accounted for the bulk of the gains in the benchmark indices

Zomato's Blinkit acquisition may delay its road to profitability: Analysts

Quick commerce firm expected to be profitable by FY27 due to intense competition in sector, says one report

Over a quarter of MSMEs lost over 3% market share due to Covid: Crisil

More than a quarter of India's micro, small and medium enterprises (MSMEs) lost over three per cent market share due to the Covid-19 pandemic, said Crisil Ltd on Monday.

Wall Street sheds opening gains on losses in high-growth stocks

S&P 500 energy stocks among few gainers; Robinhood rises on Goldman Sachs upgrade

Dollar treads water as stock markets reassess rate hike bets; ECB eyed

US Federal rate hikes are being counted on while share market investors are hedging their bets, leading to a Dollar drop

World shares at higher trend as IMF foresees US dodging recession

European shares were trading higher Monday after a day of gains in Asia. US futures and oil prices also advanced.

Sensex gains for 3rd day, rises 433pts; Nifty holds 15,800; Zomato falls 6%

CLOSING BELL: Sectorally, the broad-based rally saw the Nifty Auto index ending with 2-per cent gain, and the Nifty Metal index with 1.6-per cent rally

Global stocks extend bear market bounce as oil prices ease inflation fears

World shares saw a jump in prices as inflation fears were curbed by a strong position hold of oil prices

India's retail investors are underweight on equities: Valentis Advisors MD

Central banks are willing to slow down the economy in an effort to rein in inflation, said Jaipuria

BSE Auto hits 7-month high; Maruti, Hero Moto rally up to 13% in one week

Hero MotoCorp, Maruti Suzuki, M&M, Bosch and TVS Motor gain up to 13% in a week

Angel One, 5Paisa: Most brokerages' shares look weak amid market volatility

According to analysts, the stock broking industry is expected to see tepid growth in fiscal year 2022-23 (FY23) amid market volatility