Page 1810 - Markets News
Market Wrap Podcast, September 14: All that happened in the markets today
In the sectoral landscape, only three sectors - Metals, FMCG and Financial Services ended in the red. The best gainer was Nifty Media that soared over 14 per cent
 "Market Wrap Podcast, September 14: All that happened in the markets today")
Sensex ends 235 pts off day's high, up 69 pts; ZEEL surges 40% ahead of AGM
Interest in the broader markets remained strong, with BSE Midcap index rallying 1.09 per cent and the BSE Smallcap index 0.63 per cent
 "Sensex ends 235 pts off day's high, up 69 pts; ZEEL surges 40% ahead of AGM")
Zomato shares turn volatile, end flat after co-founder Gaurav Gupta quits
The stock nose-dived into red, down almost 11 per cent from the intra-day high post the news break, and thereafter turned volatile on alternate bouts of buying and selling.
 "Zomato shares turn volatile, end flat after co-founder Gaurav Gupta quits")
IRCTC shares continue their upward movement, zoom 1,000% over issue price
The stock hit a new high of Rs 3,746 today and has rallied 1,071 per cent over its issue price of Rs 320 per share
 "IRCTC shares continue their upward movement, zoom 1,000% over issue price")
Yes Bank surges 16% on heavy volumes, hits 6-week high
In the past three trading days, the stock price of Yes Bank has appreciated by 18 per cent after the rating agency ICRA affirmed private lender's various instrument with a stable outlook
 "Yes Bank surges 16% on heavy volumes, hits 6-week high")
This Rakesh Jhunjhunwala-owned stock hits record high; up 30% in 3-weeks
Nazara Technologies hit a record high of Rs 2,076, surpassing its previous high of Rs 2,026.90 touched on debut day i.e. March 30, 2021.
 "This Rakesh Jhunjhunwala-owned stock hits record high; up 30% in 3-weeks")
Dish TV jumps another 10% as Hindustan Times buys notable stake
Hindustan Times purchased 20 million equity shares, representing 1.16 per cent of total equity Dish TV India for Rs 38.44 crore in a bulk deal on the NSE on 13 September
 "Dish TV jumps another 10% as Hindustan Times buys notable stake")
Vijaya Diagnostic off to quiet start, lists at 2% premium over issue price
The stock began trading around Rs 540-odd level as against the issue price of Rs 531 per share but soon surged to a high of Rs 588 on the BSE
 "Vijaya Diagnostic off to quiet start, lists at 2% premium over issue price")
Ami Organics makes strong debut, lists at 49% premium over issue price
Post listing, the stock hit a high of Rs 929 and a low of Rs 841 in intra-day trade
 "Ami Organics makes strong debut, lists at 49% premium over issue price")
Stocks to watch: Ami Organics, Vijaya Diagnostic, Infosys, D-Mart, ZEEL
HCL Tech has signed strategic partnership with South Korean company HANCOM for tech solutions.
 "Stocks to watch: Ami Organics, Vijaya Diagnostic, Infosys, D-Mart, ZEEL")
Here's why Osho Krishan is bullish on L&T Fin, Hindustan Aero, Inox Wind
The analyst from Anand Rathi recommends to buy these stocks based on a positive technical set-up
 "Here's why Osho Krishan is bullish on L&T Fin, Hindustan Aero, Inox Wind")
Sensex slips 127 points, Nifty ends session at 17,355; RIL tumbles
RIL was the top loser in the Sensex pack, shedding over 2 per cent, followed by ICICI Bank, HUL, HDFC Bank, M&M, Ultra Cement, IndusInd Bank and Tech Mahindra.
 "Sensex slips 127 points, Nifty ends session at 17,355; RIL tumbles")
We are not increasing allocation to cash, says Prasun Gajri, CIO, HDFC Life
Prasun Gajri says that while valuations are on the higher side, market correction is likely to be triggered only by a liquidity reversal, driven by global events or any dent in earnings expectations.
 "We are not increasing allocation to cash, says Prasun Gajri, CIO, HDFC Life")
Street likely to view general insurers favourably
Stocks of listed players ICICI Lombard and New India Assurance have lagged in FY22, so far
 "Street likely to view general insurers favourably")
Ahead of IPO, Sansera Engineering raises Rs 382 cr from anchor investors
The initial public offering (IPO) is entirely an offer for sale (OFS) of 17,244,328 equity shares by promoters and investors
 "Ahead of IPO, Sansera Engineering raises Rs 382 cr from anchor investors")
Stocks tank as anchor lock-in ends; Krsnaa, Windlas and Devyani shed 3-4%
Shares of Exxaro Tiles managed to buck the trend, soaring close to 10%
 "Stocks tank as anchor lock-in ends; Krsnaa, Windlas and Devyani shed 3-4%")
Sebi penalises 2 Videocon promoter cos for violating insider trading norms
The entities have violated Prohibition of Insider Trading (PIT) norms, according to two separate orders
 "Sebi penalises 2 Videocon promoter cos for violating insider trading norms")
Analysts see 20% upside in this FMCG stock on strong outlook, product mix
Hindustan Unilever's (HUL's) focus on cost saving and superior products would lead to moderate margin expansion, say analysts
 "Analysts see 20% upside in this FMCG stock on strong outlook, product mix")
Market Ahead Podcast, September 14: Factors that could guide markets today
As regards the primary market, auto component maker Sansera Engineering will open its initial public offer today, which will run through Thursday
 "Market Ahead Podcast, September 14: Factors that could guide markets today")
Market Wrap Podcast, September 13: All that happened in the markets today
Among individual stocks, shares of Reliance Industries dragged the benchmarks down as the stock tanked 2.3% due to delay in the launch of the company's much-awaited low-cost smartphone JioPhone Next
 "Market Wrap Podcast, September 13: All that happened in the markets today")