Page 1827 - Markets News

Market Wrap Podcast, Sep 3: Here's all that happened in the markets today

Nifty50 too recorded a fresh record high of 17,340 in intra-day deals and settled the day 89 points up at 17,324

Sensex ends above 58K for the first time; Nifty climbs 17,300; RIL zooms 4%

The BSE MidCap index closed 0.35 per cent higher after hitting a new peak of 24,454 in the intra-day deals

Reliance Industries hits record high of Rs 2,394; rallies 15% in one month

The stock hit a record high of Rs 2,374, up 3.5 per cent on the BSE in intra-day trade on Friday.

Indiabulls Housing Finance to launch Rs 1,000-cr public issue of bonds

The issue is to be launched next week

Zomato hits new high of Rs 150, zooms 98% over issue price of Rs 76

A sharp rally in stock price helped Zomato surpass personal products companies like Godrej Consumer Products and Dabur India in overall market capitalisation ranking

Sebi tweaks investor grievance redressal mechanism framework

The regulator has modified framework pertaining to speeding up grievance redressal mechanism and threshold limit for interim relief paid out of investor protection fund (IPF) of the stock exchange amo

Cathie Wood's fintech ETF sells HDFC Bank for first time since May

HDFC Bank ranks among the world's most priciest mega banks

Faze Three locked at 20% upper circuit after large bulk deals

Around 1.05 million equity shares representing 4.3 per cent of equity changed hands in two bulk deals on the BSE, the exchange data shows.

ICICI Pru Life market cap crosses Rs 1-trillion as stock hits new high

ICICI Pru became the third insurance company to cross Rs 1 trillion market cap after HDFC Life and SBI Life.

ITC, Sun Pharma, Tata Steel: Strategies for FY22 Sensex winners and losers

Here are trading strategies for some of the best and worst stock performers in the S&P BSE Sensex pack thus far in fiscal 2021-22 (FY22)

L&T Technology surges 9%, hits new high on strong earnings projections

The management has guided for $1.5 billion revenue and 18 per cent earnings before interest tax (Ebit) margins by FY25

S H Kelkar surges 13% on order win from global MNC player

SHK is the only Company of Indian origin to file patents in the field of Fragrance and Novel Aroma Molecules

Exide Industries soars 14% on divestment of life insurance biz to HDFC Life

On the other hand, HDFC Life was down 4 per cent at Rs 728.55 on the BSE on profit booking

Stocks to watch: HDFC Life, MT Educare, J&K Bank, Goodluck India, RIL

Education service provider, MT Educare has defaulted on repayment of interest and principal amount to its lenders, the company said in a communication to exchanges on September 2

HDFC Bank exec says RBI MPC disagreement is no reason to flee market

Investors shouldn't worry about surprise losses and can keep their positions for now

Two stocks that Osho Krishan of Anand Rathi is bullish on

Rossari Biotech has been in a secular uptrend and is placed well above all the major exponential moving averages on the daily charts

Bank of India looks to cut govt stake with follow-on equity offer in FY23

It is keen on bringing the holding down to 75%, which Sebi has been advising, the bank's MD and CEO Atanu Kumar Das said

Sensex, Nifty hit fresh highs; TCS, HUL and RIL top contributors

Both indices added nearly 9 per cent each in August, their best monthly showing since November

Sebi moves SC against SAT order on PNB Housing's Rs 4K-cr preference issue

PNB Housing Finance on Thursday said capital markets regulator Sebi has approached the Supreme Court against the Securities Appellate Tribunal's order

Biscuit maker Britannia's stock rally to continue on demand revival

Its stock price is up 20% since the beginning of August, against 10% rally in Sensex