Page 1591 - Markets News
Normal monsoon boost Indian economy; related stocks may gain: Analysts
Analysts consider the south-west monsoon to be the lifeline of India's agri-based economy, as it is likely to brighten outlook for bumper crop output amid inflationary times post covid-19 blowout.
 "Normal monsoon boost Indian economy; related stocks may gain: Analysts")
Rolex Rings rallies 11%, hits record high on strong demand outlook
Rolex Rings said the company is witnessing a strong demand pull across domestic as well as export markets, especially in industrial rings and automotive exports.
 "Rolex Rings rallies 11%, hits record high on strong demand outlook")
Titan, Lupin, Indian Hotels: How to trade Rakesh Jhunjhunwala-owned stocks
Titan and Lupin seem poised for solid gains among Rakesh Jhunjhunwala's portfolio, while shares of Lupin, Star Health and Jubilant Pharmova can be avoided for now.
 "Titan, Lupin, Indian Hotels: How to trade Rakesh Jhunjhunwala-owned stocks")
The stock of this merchant banker has zoomed 226% in five weeks
Galactico Corporate Services hit a new high of Rs 249.65 and was locked in upper circuit of 5 per cent for 14 straight trading days.
 "The stock of this merchant banker has zoomed 226% in five weeks")
Oil India surges 15% in three days on strong March quarter results
Analysts remain bullish on prospects of the company due to increase in crude price realisation and improvement in domestic gas price realisation.
 "Oil India surges 15% in three days on strong March quarter results")
eMudhra makes decent debut, stock lists at 6% premium to issue price
The stock listed at Rs 271 on the BSE as against the issue price of Rs 256 per share. The IPO was subscribed 2.72 times.
 "eMudhra makes decent debut, stock lists at 6% premium to issue price")
Bharat Dynamics up 7% post Rs 2,971 crore deal with Defence Ministry
The company has signed a contract worth Rs 2,971 crore with Ministry of Defence for supply of Astra Mark-I BVRAAMs and associate equipments to Indian Air Force and Indian Navy.
 "Bharat Dynamics up 7% post Rs 2,971 crore deal with Defence Ministry")
Bata India slips 1% after nearly 3% equity changes hands via block deals
At 09:15 am; about 3.6 million equity shares representing 2.8 per cent of the total equity of Bata India had changed hands on the BSE, the exchange data showed.
 "Bata India slips 1% after nearly 3% equity changes hands via block deals")
Stocks to Watch: LIC, Bata, AUSFB, Bharat Dynamics, REL, SBI Cards, HDFC Bk
Stocks to Watch Today: AU Small Finance Bank will be in focus as the company has set June 10 as the record date for the proposed 1:1 bonus issue.
 "Stocks to Watch: LIC, Bata, AUSFB, Bharat Dynamics, REL, SBI Cards, HDFC Bk")
Here's why Vinay Rajani recommends buying ABB India, JK Lakshmi Cement
The technical analyst from HDFC Securities sees the positional trend for Nifty as bullish and expects the index to seek support around 16,400-level.
 "Here's why Vinay Rajani recommends buying ABB India, JK Lakshmi Cement")
Should you buy or sell LIC, Delhivery shares?
The shares of LIC fell 3% yesterday. The stocks of Delhivery soared 2%. Both the companies came out with Q4 results yesterday. What should be the investment strategy for these recently-listed stocks?
 "Should you buy or sell LIC, Delhivery shares?")
Sebi fines Rs 10.25 crore on Commex Technology in GDR manipulation case
It was observed that Commex had issued 19,06,790 GDRs raising USD 9.99 million in May 2009 and the entire GDR were subscribed by only one entity -- Vintage FZE
 "Sebi fines Rs 10.25 crore on Commex Technology in GDR manipulation case")
BS Number Wise: Taking stock of Indian markets' valuation premium
Data shows that bond yields here are significantly higher than the earnings yield
 "BS Number Wise: Taking stock of Indian markets' valuation premium")
ONGC sees crude oil production rising 11%, gas output jumping 25% by FY25
Reversing the declining trend of the past few years, ONGC said its crude oil production will rise 11 per cent and natural gas output will jump 25%
 "ONGC sees crude oil production rising 11%, gas output jumping 25% by FY25")
May sees worst FPI sell-off in over two years at Rs 44,000 crore
The sell-off in May is also the second-highest monthly outflows recorded in the domestic market since 1993
 "May sees worst FPI sell-off in over two years at Rs 44,000 crore")
Markets halt 3-day rally; Sensex falls 359 pts, Nifty ends below 16,600
The broader NSE Nifty declined 76.85 points or 0.46 per cent to end at 16,584.55
 "Markets halt 3-day rally; Sensex falls 359 pts, Nifty ends below 16,600")
Higher volume growth trajectory key for reversal of Colgate's fortunes
Banking on relaunches, foray into new segments, digital strategy to address issues
 "Higher volume growth trajectory key for reversal of Colgate's fortunes")
Nifty Metal index crashes 16% in May, sees sharpest fall since March 2020
Fall comes on the back of the govt's decision to impose export duty on steel in a bid to cool off domestic prices
 "Nifty Metal index crashes 16% in May, sees sharpest fall since March 2020")
Most Nifty 50 firms beat sales estimates, many fare worse on profitability
Companies with a larger profit helped the overall Nifty50 EPS register growth, despite the average company in the set taking a hit
 "Most Nifty 50 firms beat sales estimates, many fare worse on profitability")
LIC Q4 result review: Hits, misses, and the road ahead for investors
LIC Q4 review: Post Tuesday's share price decline, the insurer has slipped one position to India's seventh most valuable firm after ICICI Bank
 "LIC Q4 result review: Hits, misses, and the road ahead for investors")