Page 1640 - Markets News

Valuations to attract interest in Indian equities, say brokerages

Attractive valuations are expected to induce positive buying sentiment into the Indian equity indices during the upcoming week

Travel services provider Yatra Online Ltd files preliminary papers for IPO

According to the Draft Red Herring Prospectus (DRHP), the company plans to utilise the net proceeds from the fresh issue for strategic investments, acquisitions and inorganic growth

Sebi mulls easing 'open offer' pricing formula for PSU disinvestment

Pricing formula to discover open offer price may be eased

Price-value equation in large-caps favour, says Gautam Duggad

Expect markets to remain range bound given the challenging macros: Duggad

Unlock theme stocks may see good times once 'business as usual' revives

Most of the signals are positive, and if sustained, many businesses could see a big rebound

Sebi to reduce timelines for completion of buybacks, open offers

Also proposes shortening the share tendering process by five days in the case of both buybacks and open offers

SBI MF adds 3 million SIP accounts at 40% YoY growth rate in FY22

Asset manager clocks strong performance this fiscal, ahead of its IPO

Indus Tower tanks 8% on heavy volume; stock nears 52-week low

The stock traded close to its 52-week low of Rs 194.25 touched on August 5, 2021.

Indices decline for third day; FPIs sell shares worth Rs 1,507 crore

But their domestic counterparts buy Rs 1,373 crore of stocks

Multiple near-term worries likely to keep HUL stock under pressure

A YoY fall in volumes in the March quarter would be a first in seven quarters

Sunteck Realty case: Sebi reduces penalties on five entities

Sebi had passed an order against the entities in December 2019 and they moved the Securities Appellate Tribunal (SAT) against the ruling

Indian equities running a marathon; Sensex doubled despite Covid-led shock

Sensex is hovering around the 58,000-point mark after falling from a 52-week high of over 62,000 points it touched before the war between Russia and Ukraine broke out

Tata Teleservices stock hits 5% upper circuit, rises over 1,200% in 1 year

Mumbai-based Tata Teleservices, a subsidiary of the Tata Group, deals in broadband, telecommunications and cloud services

Gujarat Polysol Chemicals files DRHP for Rs 414-crore IPO

The company will use the net proceeds towards repayment or pre-payment in full or in part of all borrowing availed by the company and general corporate purposes

Sensex ends choppy day 234 pts down; Nifty holds 17,150; IT, FMCG weigh

CLOSING BELL: Titan Company, Tech M, Maruti Suzuki, Cipla, IOC, Nestle India, Hero MotoCorp, Eicher Motors, L&T, TCS, Wipro, and Tata Steel were the top laggards

Tata Elxsi gains 5%, hits record high in a weak market

In the past three months, the stock has outperformed the market by surging 45 per cent as the company delivered strong and consistent growth in December quarter.

Auto stocks eyeing breakout; Tata Motors, Bajaj Auto can soar up to 10%

The Nifty Auto index and the key stocks are trading near significant resistance levels while exhibiting sideways movement, upside breakout could see significant long additions.

Inox Leisure rallies 8%, hits 52-week high on improved business outlook

Business should continue to boost in the coming quarters, supported by uplifting of pandemic-related restrictions and strong content line up ready to be released over the next few months

Indian Hotels nears record high ahead of fixing of QIP price band

In the past three months, the stock has outperformed the market by surging nearly 30 per cent, as compared to 0.61 per cent rise in the S&P BSE Sensex

CreditAccess Grameen surges 40% in 3 months on improved asset quality

The stock hit a 52-week high of Rs 878 after it rallied 15 per cent on the BSE in Friday's intra-day trade