Page 1606 - Markets News

Overseas investors' concerns remain as shift to T+1 settlement cycle nears

Issues around on trade confirmation day, forex booking, pre-funding yet to be fully settled

Auto stocks buck downbeat market trend in May; charts suggest further gains

Given the current market volatility, auto stocks seem to be a better bet for long side trades. Select stocks like M&M and TVS Motor can rally up to another 12 per cent.

Rupa & Company tanks 20% after disappointing Q4 performance, CEO's exit

The company's consolidated profit after tax (PAT) declined 25 per cent year on year (YoY) at Rs 49.3 crore, on the back of flat revenues at Rs 455.5 crore over the previous year quarter.

Delhivery makes listless debut; opens 1% higher against issue price

The stock of logistics services provider got listed at Rs 493, 1.2 per cent higher against its issue price of Rs 487 per share on the BSE

Venus Pipes lists at 4% premium against issue price; stk hits upper circuit

Post listings,the stock was locked in the 5 per cent upper circuit band at Rs 351.75 on the BSE

Divis Labs sheds 14% in two days, hits 52-week low post Q4 results

The company has earmarked an aggressive capex of around Rs 2,000 crore over next two years in order to take a chunk of around $20 billion opportunity of APIs going off-patent over FY23-25.

Stocks to Watch: Zomato, Delhivery, SAIL, Ramco Cements, GAIL, BEL, Marico

Stocks to Watch: Grasim Industries, Adani Ports, JM Financials, Bank of India, Ipca Lab, Inox Wind, Jyothi Lab, and Metropolis Healthcare will be in focus ahead of their Q4 results today.

Here's why Mehul Kothari is bullish on MCX India, Voltas

According to the technical analyst, MCX India has a classic setup, precise Bullish BAT pattern on the daily chart with N-wave completed near the potential reversal zone.

Aether Industries' Rs 800 crore IPO opens today. Should you subscribe?

Analysts believe that Aether's multiple chemistry competencies to use for a wide array of products makes it a distinguished market player compared to other chemical companies

Distressing times await metals and OMCs

The govt has levied duties on steel exports to curb inflation. But it came as a setback for the metal and oil marketing companies. Find out the impact of this policy decisions and the sector outlook

From JSPL to Tata Steel, steel stocks melt down on export duty levy

Given lower earnings, fair value for steelmakers likely to reduce by 25%

JPMorgan warns India earnings optimism overdone as stocks falter

The warning comes as sell-side analysts estimate overall earnings per share for companies in the benchmark NSE Nifty50 Index to rise almost 17 per cent over the next 12 months

Markets pare early gains to end flat in a session of volatile trade

Sensex slips 38 pts as metal stocks crack

Sebi issues new norms for constitution, disclosure of passive funds

Exchange-traded funds group-level exposure will be capped at 25 per cent, says regulator.

Analysts expect Paytm shares to more-than-double from here on. Here's why

While investors have preferred to stay on the sidelines on Paytm stock, Goldman Sachs believes the risk-reward for Paytm are skewed to the upside

FDI equity inflows marginally down at $58.77 bn in 2021-22: DPIIT data

FDI equity inflows into India contracted marginally by 1 per cent to $58.77 billion during 2021-22, according to official data.

Indian iron ore and steel stocks slump, autos rise after export tax hikes

The Nifty metals index fell as much as 8.9% on Monday, the fastest rate of decline since March 2020, while the Nifty auto index rose 2.9%

Metal stocks slide; Jindal Steel cracks over 17% amid export duties

Metal stocks faced heavy drubbing on Monday, with Jindal Steel & Power cracking over 17 per cent, after the government imposed export duties on steel-making raw materials.

Top headlines: RBI Governor on rate hike in June; metal stocks bleed

Business Standard brings you the top headlines on Monday

Rupee recovers from record lows to end 15 paise higher at 77.55 to dollar

Rupee recovered from record lows and settled 15 paise higher at 77.55 (provisional) against the US dollar on Monday, supported by a weak greenback overseas.