Page 1598 - Markets News

Aurobindo hits 2-year low; dips 11% in a week on USFDA's 6 observations

Analysts at ICICI Securities expect Aurobindo Pharma's adjusted PAT to de-grow 30.4 per cent year-on-year (YoY) to Rs 557.90 crore in the March 2022 quarter.

After a surprise profit in Q3, IndiGo may report net loss in Q4: Analysts

IndiGo Q4 preview: Analysts expect the airline to bleed this quarter yet again amid high fuel costs

Metal shares shine on demand revival hopes; Hindalco, Vedanta soar 7%

At 10:36 am; Nifty Metal index was the top gainer among sectoral indices, up 4.4 per cent, as compared to 1.3 per cent rise in the Nifty50 index.

LIC lists at 8.6% discount, stock recovers partially post weak debut

LIC has now become the fifth most valuable listed Indian company with a market capitalisation of Rs 5.72 trillion on the BSE as of 10:08 am, the exchange data shows.

Stocks to Watch: LIC, IndiGo, GSK Pharma, Max Health, PSUs, Bharat Forge

Stocks to Watch Today: At 7:30 am, the SGX Nifty futures were quoting at 15,890 levels, hinting at an opening gain of 40-50 odd points for the Nifty.

LIC to list on bourses today: Check share price and other details

LIC IPO closed on May 9 and shares were allocated to bidders on May 12

Is Ambuja Cement & ACC merger on the cards after Adani's Holcim deal?

Shares of ACC and Ambuja Cements soared up to 4% in yesterday's trade after the Holcim Adani deal. Analysts believe the Adani Group may merge both these entities over the medium term. Find out more

Analysts cut target prices on SBI stock as lender misses Q4 estimates

SBI Q4 result review: Global brokerage Nomura has cut the lender's target from Rs 650 to Rs 610 as it reported flat net interest margin (NIM) of 3.15 per cent

LIC stock may be held for long term if there's no listing gain: Experts

"If you hold on to this stock for more than three years, you are likely to earn decent returns," says Vikas Gupta, founder and chief executive officer, OmniScience Capital on LIC being listed today

Adani-Holcim deal: Analysts expect Ambuja and ACC to merge in medium-term

Adani-Holcim deal: The merger of Ambuja Cement and ACC will help Adani Group rationalise a lot of fixed cost quotients at both these entities, analysts said

Markets snap six-day losing streak; Sensex ends 180 points higher

This is only the second trading session in May when markets have been able to clock gains

LIC may list at a discount to issue price if grey market is an indicator

Stock could list anywhere between Rs 900 and Rs 940, says market player, citing weak institutional investor demand during LIC's Rs 20,577-crore maiden share sale

Sensex snaps 6-day losing run, ends 180 pts up; DMart rallies 10%, ACC 4%

NTPC, Bajaj Finance, Maruti Suzuki, SBI, HDFC, Kotak Bank, M&M, and IndusInd Bank were the top gainers on the Sensex index

Trading strategies in SBI, BoB, Tech Mahindra, DMart post Q4 results

Watch out for these key levels on SBI and Bank of Baroda, while Tech Mahindra and DMart can be avoided for now.

Vodafone Idea soars 15% on heavy volumes in sharpest intra-day gain of 2022

The debt-ridden telecom operator expects the government to complete conversion of around Rs 16,100 crore dues into 33 per cent stake in the company in the coming weeks, reported news agency PTI.

Weak global cues to hammer LIC listing? Here's what grey market signals

Shares of LIC were trading at a discount of Rs 15-20 a piece over its issue price of Rs 949 in the grey market ahead of its listing on Tuesday, May 17.

Holcim deal: Charts indicate up to 14% upside for ACC, Ambuja, Adani Ent

Adani Enterprises can rally up to 14 per cent; whereas ACC, and Ambuja Cements can gain another 10 per cent each, indicate charts

Bandhan Bank surges 8% on improvement in asset quality in March quarter

Gross non-performing asset (NPA) and net NPA ratios declined 435 bps and 135 bps to 6.46 per cent and 3.01 per cent, respectively, on a quarter on quarter (QoQ) basis.

Avenue Supermarts gains 8% post March quarter results

Though January 2022 started extremely well but the omicron wave reduced the momentum over middle of the month.

Ambuja, ACC gain up to 8% on Adani Group's buyout of Holcims's India biz

The Adani Group announced the acquisition of Swiss cement major Holcim's stake in all its Indian operating entities for $10.5 billion (around Rs 81,361 crore), including the open offers.