Page 1751 - Markets News

Indices snap three-day losing streak on global cues, Sensex jumps 767 pts

Gains led by IT, energy and realty stocks support positive sentiment

Latent View Analytics tops charts with 339 times subscription

IPO receives bids worth Rs 1.1 trn, nearly 6x more than Paytm

Fino Payments shares drop 11% intraday on debut, before ending 6% down

Weak debut follows modest response to the firm's share sale. Its Rs 1,200-cr IPO was subscribed just two times

'Risk-reward is less favourable': Goldman Sachs downgrades Indian equities

Indian stocks have rallied nearly 28% in 2021 on the back of ultra-easy monetary policy, rising vaccinations and the economic reopening, compared with a 0.76% drop in the MSCI Emerging Market index

Market wrap: Sensex, Nifty snap 3-day losing streak, rise over 1% each

Strong gains for IT shares and select index heavyweights like HDFC, Reliance Industries, Bajaj twins and Bharti Airtel

Sensex vaults 767pts, Nifty ends above 18,100; IT, financial stocks shine

In the primary market, Latent View Analytics IPO witnessed frenzied demand, and was subscribed over 305 times with strong demand from non-institutional investors

Minda Industries surges 10%, hits record high on strong Q2 performance

With the demand uptick in key markets, and expected easing off of the Covid-19 and semi-conductor situation globally, the company is confident that the uptrend in growth trajectory will resume

Zomato, Devyani scale new highs on MSCI inclusion, stocks rally up to 15%

The Global Index provider, MSCI, has added Zomato in its MSCI Global Standard India Index and added Devyani International in MSCI India Domestic Small Cap Index.

Nykaa enters top-50 most-valued firms club, stock up 109% from issue price

At 12:10 PM, with a market-cap of Rs 1.10 trillion, Nykaa stood at 48th position in overall market-cap ranking, the BSE data showed

Paytm fixes offer price of Rs 2,150 apiece for its initial share-sale

The shares of Paytm are expected to list on bourses on November 18

ABFRL, KPR Mills and 4 more textile stocks can gain up to 15%. Check here

Shares of Arvind Limited have formed a "Golden Cross" symbolizing a positive outlook for the upcoming sessions, according to the daily chart

InterGlobe Aviation gains 6% on heavy volumes, stock nears record high

Till 10:34 AM, around 4.28 million equity shares representing 1.1 per cent of total equity of InterGlobe Aviation had changed hands on the BSE

Adani Group shares in focus; Adani Total Gas, Transmission hit new highs

Adani Transmission rallied 5% to Rs 1,995, while, Adani Total Gas was up 4 per cent to Rs 1,715 on the BSE in the intra-day trade on Friday

Fino Payments Bank makes weak debut, lists at 6% discount to issue price

The stock opened at Rs 544.35, a 6% discount to its issue price of Rs 577 per share

Oil price hovers near $83 as strong dollar vies with inflation worry

On Thursday, the dollar rose to almost 16-month highs against the euro and other currencies due to bets on interest rate hikes.

Stocks to Watch: ONGC, Hindalco, Zee, NMDC, Tata Steel, Aptech, VodaIdea

Amaraja Batteries, Apollo Hospitals, Ashok Leyland, Bharat Forge, BPL, Glenmark Pharma, Hero MotoCorp, Vodafone Idea, National Aluminium, Reliance Capital, SpiceJet and Suzlon are some of the stocks

Nandish Shah recommends a Bull Spread strategy on Larsen & Toubro Infotech

The derivative analyst from HDFC Securities recommends this strategy based on the following four rationales

Osho Krishan expects bullish bias in Balrampur Chini, Dr.Reddy's, Whirlpool

According to the technical analyst from Anand Rathi, most technical indicators are in favour of the bullish bias for these three stocks

Q2 earnings: Inflationary pressure is far from over for India Inc

September quarter results were a mixed bag for India Inc. While the combined net profit of consumer goods companies declined, profits for financials and commodity producers rose sharply

Go Fashion's Rs 800-crore IPO to open on November 17: Check details here

The IPO comprises fresh issue of equity shares aggregating up to Rs 125 crore