Page 1658 - Markets News
ICICI Bank, ITC, KNR Constructions 'top picks' for Centrum Broking
ICICI Bank, LIC Housing Finance, UTI Asset Management Company, and Care Ratings shares are brokerage house Centrum Broking's 'top picks' for the current quarter.
 "ICICI Bank, ITC, KNR Constructions 'top picks' for Centrum Broking")
Govt to soon decide on Sebi chairman appointment: Report
The government will soon take a decision on the appointment of Sebi Chairman as the extended tenure of incumbent Ajay Tyagi will be ending this month.
 "Govt to soon decide on Sebi chairman appointment: Report")
Bikaji Foods International files for IPO, may raise around Rs 1,000 cr
Certain shareholders of the Rajasthan-based company, including two promoters, plan to offload around 2.94 crore shares through the OFS route
 "Bikaji Foods International files for IPO, may raise around Rs 1,000 cr")
Fag-end selling drags Sensex for 6th day, dips 69 pts; RIL slips 1%
Closing Bell: The frontline S&P BSE Sensex fell 69 points to settle at 57,232 levels while the Nifty50 shut shop at 17,063 down 29 points
 "Fag-end selling drags Sensex for 6th day, dips 69 pts; RIL slips 1%")
Adani Enterprises divests stake in DC Development Hyderabad, NDCL
Adani Enterprises Ltd on Wednesday announced divestment of its entire stake in DC Development Hyderabad Pvt Ltd and Naida Data Center (NDCL) to AdaniConnex Pvt Ltd.
 "Adani Enterprises divests stake in DC Development Hyderabad, NDCL")
Kansai Nerolac hits 52-week low, falls 17% in February on weak Q3 results
The good growth in infrastructure, core sector as well as automobile and real estate is likely to have a positive effect on the overall demand of paint for the industry in the long run.
 "Kansai Nerolac hits 52-week low, falls 17% in February on weak Q3 results")
Dhani Services hits 10% lower circuit on FPI selling; down 42% in 3 days
On Tuesday, Baillie Gifford Pacific Fund A Sub Fund Of Baillie Gifford Overseas Growth Funds ICVC has sold 9.43 million shares or 1.55% stake in Dhani Services at price of Rs 85.07 on the NSE
 "Dhani Services hits 10% lower circuit on FPI selling; down 42% in 3 days")
Fitch affirms Power Grid Corporation's 'BBB-' rating, outlook 'negative'
The Fitch ratings on Power Grid Corporation of India Ltd are constrained by the credit profile of the India sovereign (BBB-/negative), which owns 51.34 per cent of the company
 "Fitch affirms Power Grid Corporation's 'BBB-' rating, outlook 'negative'")
Mrs Bectors Food hits all-time low; falls 16% in 1 month on weak Q3 results
Going forward, with introduction of new products, expansion of distribution network and capacity enhancement, the management foresees strong growth in overall revenues
 "Mrs Bectors Food hits all-time low; falls 16% in 1 month on weak Q3 results")
Time to buy mid-, small-cap stocks at 52-week lows? Here's what charts say
13 stocks from the Nifty Midcap index and 18 from the Nifty Smallcap index hit fresh 52-weeks lows during the current week
 "Time to buy mid-, small-cap stocks at 52-week lows? Here's what charts say")
Mahindra CIE falls 3% on muted December quarter results
The company said the general cost inflation affecting the business - especially raw materials, energy and logistic costs.
 "Mahindra CIE falls 3% on muted December quarter results")
Butterfly Gandhimathi hits record high on open offer by Crompton Greaves
Shares of Crompton Greaves Consumer Electricals also rallied 5 per cent to Rs 396.35 on the BSE in intra-day trade
 "Butterfly Gandhimathi hits record high on open offer by Crompton Greaves")
Adani Wilmar freezes at 10% upper circuit after 25% fall from record high
The stock of the Adani Group edible oil major had closed at Rs 314.40 on Tuesday, correcting 25 per cent from its record high level of Rs 419.90 on February 11, 2022.
 "Adani Wilmar freezes at 10% upper circuit after 25% fall from record high")
How should retail investors ride Russia-Ukraine crisis?
Global stocks slumped yesterday as Europe's eastern flank stood on the cusp of war. As markets brace for volatile amid the geo-political tensions, here's how retail investors can ride the tide
 "How should retail investors ride Russia-Ukraine crisis?")
Stocks to Watch: Mahindra CIE, Dilip Buildcon, SIS, Butterfly Gandhimathi
Stocks like Sun Pharma, Dr.Reddy's and others having exposure to Europe are likel to be in focus as the Russia-Ukraine crisis deepens.
 "Stocks to Watch: Mahindra CIE, Dilip Buildcon, SIS, Butterfly Gandhimathi")
Top headlines: India inc braces for Ukraine fallout, Gold outshines market
Sebi tightened rules governing market infrastructure institutions (MIIs) in the aftermath of the Chitra Ramkrishna scandal. More on that in our top headlines.
 "Top headlines: India inc braces for Ukraine fallout, Gold outshines market")
Sebi strengthened MII rules after Chitra Ramkrishna blowback
The committee submitted its report in two parts on March 26, 2018, and April 25, 2018.
 "Sebi strengthened MII rules after Chitra Ramkrishna blowback")
A break below 16,300 could see the Nifty fall till 15,000 level
Indian equities may remain under pressure even if the geopolitical and energy crisis ends
 "A break below 16,300 could see the Nifty fall till 15,000 level")
Foreign brokerages trim Nifty December 2022 target amid headwinds
Our 10 mean reversion scenarios put the Nifty50 December 2022 target at an average of 17,500, said Jefferies
 "Foreign brokerages trim Nifty December 2022 target amid headwinds")
Oil, gold soar as Vladimir Putin orders forces to regions of Ukraine
The intensifying stand-off - and the response from the US and Europe - has the potential to roil raw materials markets
 "Oil, gold soar as Vladimir Putin orders forces to regions of Ukraine")