Page 1813 - Markets News

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.

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.

Street likely to view general insurers favourably

Stocks of listed players ICICI Lombard and New India Assurance have lagged in FY22, so far

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

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%

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

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

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 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

Sensex gyrates 370 pts, ends 127 pts down; Nifty holds 17,350; RIL dips 2%

However, healthy buying in the broader market kept overall market breadth in the favour of the buyers

Goldiam Intl soars 17% as board approves buyback at Rs 1,200 per share

In past nine trading days, the stock has rallied 58 per cent in anticipation of a good price for share buyback, as the earlier proposal was rejected by the shareholders.

Stock of this industrial machinery company has zoomed 51% in three days

In the past five weeks, the stock has rallied 108% after HNIs and renowned fund managers Madhusudan Kela and Sunil Singhania bought a stake in Dynamatic Technologies

Wipro, TCS: These IT stocks can soar 15% despite being in 'overbought' zone

While Wipro does show some weakness, the overall trend, so far, has not been dented by the selling pressure

Merger buzz with Clix Capital gives wings to Suryoday SFB; stock zooms 20%

Clix Capital Services, a digital-lending shadow bank, is in merger talks with Suryoday SFB

Adani Transmission m-cap crosses Rs 2 trillion; zooms 104% since Aug

The company is the second Adani Group firm to achieve the feat after Adani Green Energy

Most sectoral indices fall back despite broader market rally in past 2 yrs

Large part of gains in two years accrued to top companies in metals, IT, pharma and realty

Varroc Engineering hits 52-week low on growth concerns; dips 18% in 1 month

The management expects the semiconductor shortage situation to affect operations in Q2 as well

RIL slips 2% amid profit taking as Co delays JioPhone Next launch

JioPhone Next, developed in partnership with Google, is now likely to be launched around the Diwali festive season

Dish TV extends rally, hits 2-year high; zooms 56% in 8 trading sessions

The stock rallied 10% to Rs 19.70 on the BSE in the intra-day trades on Monday

Stocks to watch: RIL, Zomato, Infosys, Cosmo Films, IB Housing Finance

Dilip Buildcon's subsidiary Bangalore Malur Highways has received the financial closure from the National Highways Authority of India.