Page 1687 - Markets News
Budget 2022: Centre boosts STT target as mop-up beats expectation
Securities transaction tax (STT), which is levied on purchase and sale of equity shares and their derivative contracts, has emerged as a healthy source of income for the government
 "Budget 2022: Centre boosts STT target as mop-up beats expectation")
Sebi impounds Rs 3.9 cr from former CNBC-Awaaz anchor Ghai, family members
Sebi impounded ill-gotten gains of Rs 3.9 crore from former CNBC Awaaz anchor Hemant Ghai and his family members in the matter related to fraudulent trading practices.
 "Sebi impounds Rs 3.9 cr from former CNBC-Awaaz anchor Ghai, family members")
Rupee slips 5 paise to close at 74.88 against US dollar on muted equities
The rupee declined 5 paise to close at 74.88 (provisional) against the US dollar on Thursday, weighed down by the strength of the American currency and muted domestic equities.
 "Rupee slips 5 paise to close at 74.88 against US dollar on muted equities")
Garware Hi-Tech Films lists on the National Stock Exchange
Until now, the company's shares were listed solely on the BSE, Garware Hi-Tech Films said in a statement
 "Garware Hi-Tech Films lists on the National Stock Exchange")
Sensex snaps 3-day winning run, ends 770 pts down; Nifty tops 17,750
Among sectors, all the key indices ended in the red, led by the Nifty IT index (down 2 per cent) and the Nifty Realty index (down 1.7 per cent). Nifty Auto index was the only gainer, up 0.4 per cent.
 "Sensex snaps 3-day winning run, ends 770 pts down; Nifty tops 17,750")
Amber Enterprises hits record high; stock rallies 27% in one week
In Q3FY22, the company's revenue, Earnings before interest tax and depreciation and amortization (EBITDA) and profit after tax (PAT) surpassed the pre-pandemic level.
 "Amber Enterprises hits record high; stock rallies 27% in one week")
Manyavar owner Vedant Fashion IPO: Brokerages have mixed ratings
Vedant Fashion's IPO will be open for subscription from February 04 to February 08, in the price band of Rs 824 to Rs 866 per share.
 "Manyavar owner Vedant Fashion IPO: Brokerages have mixed ratings")
Elgi Equipments soars 34% in 4 days on strong earnings hope
In the past three months, the stock price of the company has zoomed 110 per cent as compared to 1 per cent decline in the S&P BSE Sensex
 "Elgi Equipments soars 34% in 4 days on strong earnings hope")
ITC: Fresh break out can push stock towards Rs 265 level, charts show
The shares of ITC Ltd are all set to rally towards its 52-week high level of Rs 265.30 as it breaks out from the "Double Bottom" formation on the daily chart
 "ITC: Fresh break out can push stock towards Rs 265 level, charts show")
Adani Wilmar IPO allotment today: How to check your allotment status
In the grey market, which is an unofficial platform for trading in IPO shares, Adani Wilmar shares are available at a premium of Rs 40 as of today.
 "Adani Wilmar IPO allotment today: How to check your allotment status")
Share price of this sugar company has jumped four-fold in one year
Shares of Triveni Engineering hit a new high of Rs 285.30, on rallying 9 per cent in intra-day trade. The stock zoomed 313 per cent from its 52-week low of Rs 69 touched on February 16, 2021.
 "Share price of this sugar company has jumped four-fold in one year")
TCS, Wipro, Infosys, TechM, HCL Tech: Buy these stocks for up to 19% return
Infosys continues to defend the support from past four months; TCS shares have three supportive technical parameters that attract buying and accumulation.
 "TCS, Wipro, Infosys, TechM, HCL Tech: Buy these stocks for up to 19% return")
Auto shares on fast-track; TVS Motor, Hero MotoCorp rally up to 5%
At 10:42 am; Nifty Auto index, the top gainer among sectoral indices, was up 1.6 per cent, as compared to 0.39 per cent decline in the Nifty50 index.
 "Auto shares on fast-track; TVS Motor, Hero MotoCorp rally up to 5%")
Tyre stocks trade weak after CCI imposes penalty; Ceat hits 52-week low
The CCI on Wednesday said Supreme Court dismissed a petition filed by tyre companies wherein they had challenged the regulator's order imposing penalties on them for anti-competitive practices
 "Tyre stocks trade weak after CCI imposes penalty; Ceat hits 52-week low")
Bharat Dynamics zooms 10% on inking Rs 3,132 cr contract with Indian Army
With this contract, the company's order book position stands at Rs 11,400 crore (net), BDL said in an exchange filing.
 "Bharat Dynamics zooms 10% on inking Rs 3,132 cr contract with Indian Army")
Tata Steel can acquire NINL without sacrificing rating headroom: S&P
Tata Steel's debt is expected to continue to decline over the next two years, despite the Rs 12,100 crore deployed for the acquisition of NINL
 "Tata Steel can acquire NINL without sacrificing rating headroom: S&P")
Stocks to Watch: HDFC, Jubilant Food, IOB, ZEEL, Timken, Oil & Gas, Tyre
Adani Power, Barbeque Nation, Cadila, GAIL, Godrej Properties, HCC, ITC, JK Tyre, Kalyan Jewellers, Lupin, Mahindra Holidays, TBZ and Titan are some of the major companies to announce results today
 "Stocks to Watch: HDFC, Jubilant Food, IOB, ZEEL, Timken, Oil & Gas, Tyre")
Markets Insights: Why are yields on govt bond rising after Budget 2022?
Budget 2022 has unnerved bond markets. The 10-year govt bond yields have risen nearly 3% in two days. What's behind the sharp upswing in yields, and what does it mean for equity investors?
 "Markets Insights: Why are yields on govt bond rising after Budget 2022?")
Rising yields boost appeal of low tenure debt funds, say experts
On Wednesday, the yield of 10-year G-Sec was trading at 6.88 per cent
 "Rising yields boost appeal of low tenure debt funds, say experts")
Indian equities are in a bull-phase; buy on dips: Chris Wood
A budget is a good one if it does not create headlines and that's what the Indian budget has proved to be
 "Indian equities are in a bull-phase; buy on dips: Chris Wood")