Page 1824 - Markets News
Vodafone Idea rallies for 6th day in a row, jumps 11%; here's why
As the sector continues to remain under unsustainable financial duress, Voda Idea is hoping that the government will provide the necessary support to address all structural issues faced by the sector
 "Vodafone Idea rallies for 6th day in a row, jumps 11%; here's why")
VST Tillers surges 9% on inking distributorship agreement with ETGL Africa
In last 16 trading days, the stock of VST Tillers has soared 52 per cent after the company reported strong set of numbers for the quarter ended June 2021
 "VST Tillers surges 9% on inking distributorship agreement with ETGL Africa")
Stocks to watch: Nuvoco Vistas, BPCL, Yes Bank, Dish TV, VST Tillers, Infy
Mining major NMDC has slashed prices of lump ore and fines by Rs 1,000 per tonne
 "Stocks to watch: Nuvoco Vistas, BPCL, Yes Bank, Dish TV, VST Tillers, Infy")
2 stock picks by Osho Krishan of Anand Rathi: Buy LIC Housing, Adani Ports
LIC Housing Finance seems to be trading near its multi-year strong demand zone, and charts also indicate formation of likely bottom around Rs 350-360 zone
 "2 stock picks by Osho Krishan of Anand Rathi: Buy LIC Housing, Adani Ports")
Markets climb to new lifetime highs; RIL, IT stocks lead charge
The Sensex advanced 166.96 points or 0.29 per cent to its new closing record of 58,296.91. It touched an all-time high of 58,515.85 during the session
 "Markets climb to new lifetime highs; RIL, IT stocks lead charge")
IRCTC's stock rally has more steam left; buy on every dip, suggest analysts
IRCTC provides booking services for trains, buses, flights, hotels, and will soon start booking for cruises from Mumbai to places like Goa, Diu, Lakshadweep, and Kochi
 "IRCTC's stock rally has more steam left; buy on every dip, suggest analysts")
Adani, Vedanta, Birla groups lead Indian equity markets boom in 2021
The substantial growth in the Indian conglomerates' wealth comes at a time when the Indian stock markets are witnessing an unprecedented boom.
 "Adani, Vedanta, Birla groups lead Indian equity markets boom in 2021")
Unrealistic for global investors to meet Sebi's T+1 time frame: ASIFMA exec
A market transition to T+1 would require significant, coordinated, and expensive structural changes to the settlement process, says Lyndon Chao, head of equities at ASIFMA
 "Unrealistic for global investors to meet Sebi's T+1 time frame: ASIFMA exec")
Edelweiss Financial Services raises Rs 400 crore through NCDs
Edelweiss Financial Services Ltd (EFSL) Monday said it has raised Rs 400 crore through issuance of non-convertible debentures (NCDs).
 "Edelweiss Financial Services raises Rs 400 crore through NCDs")
Sebi bans 85 entities from capital markets for fraudulent trading
Sebi on Monday barred total 85 entities, including Sunrise Asian Ltd, from the capital markets for up to one year for manipulating the company's share price.
 "Sebi bans 85 entities from capital markets for fraudulent trading")
Market Ahead Podcast, Sep 7: Top factors that could guide markets today
As regards Tuesday, market participants will track global cues and stock-specific news flow amid lack of major domestic triggers
 "Market Ahead Podcast, Sep 7: Top factors that could guide markets today")
Market Wrap Podcast, Sep 6: Here's all that happened in the markets today
Nifty50 rose 54 points to settle at 17,378 after hitting a fresh peak of 17,430 in trade today
 "Market Wrap Podcast, Sep 6: Here's all that happened in the markets today")
RIL, IT stocks drive Sensex to fresh closing high, up 167 pts; VIX jumps 4%
The domestic benchmark indices extended their gains to the third day in a row on Monday
Top banker tells wealthy Indians to load up on foreign stocks: Here's why
Record-low interest rates and stimulus packages around the world have pushed global equities to all-time highs during the pandemic.
 "Top banker tells wealthy Indians to load up on foreign stocks: Here's why")
Shares of this textile company soar 44% in 2 days as Kacholia buys stake
On Friday, September 3, 2021, Ashish Rameshchandra Kacholia purchased 675,688 equity shares, representing 2.78 per cent stake of Faze Three at price of Rs 205.20 per share via bulk deal on the BSE
 "Shares of this textile company soar 44% in 2 days as Kacholia buys stake")
Alphageo (India) freezes at 20% upper circuit on strong growth outlook
The company said it has an order pipeline in excess of Rs 360 crore and hopes to secure some projects towards the close of the financial year, which will further bolster order book
 "Alphageo (India) freezes at 20% upper circuit on strong growth outlook")
SBI Life, HDFC Life: Insurance stocks can rally up to 20%. Stay put for now
HDFC Life's acquisition of Exide Life Insurance last week has brought back the focus on insurance sector plays. Are they a good bet at the current levels? Here's what charts say
 "SBI Life, HDFC Life: Insurance stocks can rally up to 20%. Stay put for now")
Gokaldas Exports extends gains on commencement of operation at new unit
The company said it has a strong order book and is in the process of augmenting its capacity over the near term, to meet demand and clear Q1FY22 production backlog
 "Gokaldas Exports extends gains on commencement of operation at new unit")
Indian shares near record highs on Reliance gains, firm Asian markets
The blue-chip NSE Nifty 50 index was up 0.30% at 17,375.50 by 0509 GMT and the benchmark S&P BSE Sensex climbed 0.32% to 58,318.56
 "Indian shares near record highs on Reliance gains, firm Asian markets")
Reliance Industries shares continue to rally; jump nearly 4% on Monday
Shares of Reliance Industries Ltd continued to move higher on Monday and gained nearly 4 after the company said its subsidiary has acquired majority stake in genomic testing firm Strand Life Sciences
 "Reliance Industries shares continue to rally; jump nearly 4% on Monday")