Page 1736 - Markets News

Near-term growth trajectory to remain strong as Wipro banks on large deals

Despite cost pressures, margins expected to sustain on operating leverage

Equity fund mobilisation slows in October, shows Amfi data

In the current financial year, equity funds mobilised over Rs 30,817 crore per month, on average

Siemens Q4 earnings damp squib, but strong revenue expected

Rising commodity and logistics costs impacted margins in Sept qtr and remain an overhang

Firms widen IPO price bands; change triggered by Sebi discussion paper

Investment bankers said the price bands became narrower as price discovery happened during roadshows for institutional investors

Sector allocations for a correction-proof portfolio

As benchmark indices declined four per cent over the past one month, Devang Mehta of Centrum Wealth and Varun Lohchab of HDFC Securities decode investment strategies to ride the on-going correction

6% rally in Reliance Industries stock powers gains for Sensex and Nifty

Shares of Reliance Industries Limited were in heavy demand on Thursday as it jumped over 6 per cent, helping market benchmarks close with huge gains.

HDFC Bank, SBI: Analysts bullish on bank stocks as credit revival picks up

Analysts at Credit Suisse are more optimistic compared to their peers and expect double-digit growth in credit off-take during the second half of the current fiscal (H2-FY22)

Sebi levies Rs 1.15 cr fine on Voltaire Leasing and Finance, others

They violated Prohibition of Fraudulent and Unfair Trade Practices norms

Top headlines: PM lays Noida airport foundation; Covaxin's efficacy updated

Business Standard brings you the top stories on Thursday

Market wrap: 6% rally in RIL stock powers gains for Sensex and Nifty

RIL shares rise as board approves restructuring plan; Bajaj Auto's m-cap falls below Rs 1-trillion mark; India Inc to show significant EBITDA growth in next 12-18 months, says Moody's

Sensex gains 454pts, Nifty reclaims 17,500; RIL up 6%, ITC, Infy end firm

Latent View Analytics was locked at the 20 per cent upper circuit for the second straight day. The stock has now zoomed 257 per cent from its issue price in just three trading sessions

Latent View dream run continues, zooms 43% in two days after bumper debut

With past two day's over 40% rally, the stock zoomed 257 per cent from its issue price of Rs 197 per share.

Bajaj Auto's m-cap falls below Rs 1-trn as shares hit lowest level in 2021

In the past one month, Bajaj Auto has underperformed the market by falling 10 per cent due to weak demand environment

GSK Pharma surges 11%, hits 52-week high on improved outlook

The management expects this positive momentum to continue through the second half of the year driving the company towards the better end of a meaningful performance improvement.

Axis Bank, SBI: 5 bank stocks that may give up to 10% return in a month

The current market sentiment is uncertain and may provide opportunities in major stocks. Here are five bank stocks that look good on the technical charts for a 10 per cent upside in one month

Govt 'plans tax changes' to help Indian bonds be included in global indexes

Finance Minister Nirmala Sitharaman will propose to exempt Euroclear settlements from tax, says report.

RIL gains 3% on plans to hive-off gasification assets into separate unit

RIL said the Scheme will also enable the company to evaluate unlocking the value of syngas, with a collaborative and asset-light approach involving induction of investor(s) in the gasifier subsidiary

IndusInd Bank falls to a 6-month low, down 20% in 3 weeks

The stock was trading lower for the fifth straight day, down nearly 2% at Rs 956.10, quoting at its lowest level since May 17, 2021.

Siemens dips 8% on profit booking after Q4 margin disappointment

Q4FY21 Ebitda margin declined 250 bps to 10.4 per cent as against 12.9 per cent in Q4FY20 impacted by higher other expenses, gross margins

Stocks to Watch: RIL, Asian Paints, PVR, SBI, Axis Bank, Dixon, Onward Tech

Reliance Industries has decided to implement a Scheme of Arrangement (Scheme) to transfer Gasification Undertaking into a wholly-owned subsidiary (WOS)