Page 1855 - Markets News

Steel Strips Wheels freezes at 5% upper circuit on stock split plan

The primary motive of a stock split is to make shares seem more affordable to small investors.

BSE IT index surges 12% in 4 weeks; KPIT, Tech Mahindra rally over 25%

In the past four weeks, the BSE IT index has outperformed the market by surging 12 per cent, as compared to a 6.4 per cent rise in the S&P BSE Sensex

Under Covid stress, SpiceJet's net loss widens to Rs 729 cr in Q1

The company says it continues to incur various costs owing to the grounding and the inability of Boeing 737 Max aircraft to undertake revenue operations

Aurobindo Pharma hits 52-week low, slips 25% in one month

The stock of the pharmaceutical company was trading at its lowest level since June 2020

Tech View: Can high fuel prices, weak crude spark a rally in OMCs?

OMC shares traded mixed with HPCL and IOC down 1 per cent and BPCL marginally in the green

Hospital stocks in demand; Apollo, Fortis, Max Healthcare hit new highs

In the past one week, Apollo Hospitals Enterprises, Fortis Healthcare and Max Healthcare have surged between 12 per cent and 15 per cent as compared to a 2 per cent rise in the S&P BSE Sensex

Fiem Ind surges 20% on emerging sole supplier to Ola for few products

The company said that it is the sole supplier of head lamps, tail lamps, indicators, rear fender assemblies and mirrors for Ola Electric's newly launched scooters S1 and S1 Pro

Stocks to watch: Adani Enterprises, Voda Idea, Ruchi Soya, Fiem Industries

Oil Marketing Companies may be on investor radar today after Finance Minister Nirmala Sitharaman said on Monday that the Centre had little room to cut excise duty on petrol and diesel

Market Ahead Podcast, August 17: Top factors that could guide markets today

Ruchi Soya on Monday got market regulator Securities and Exchange Board of India's (Sebi) approval for its Rs 4,300 crore follow on public offer (FPO), according to reports

Apollo Hospitals is a healthy option for long-term investors. Here's why

Expansion potential in digital platform, steady growth in traditional business and value unlocking in pharmacy segment are key positives

Record high new SIPs in July but discontinuation jumps, too

Profit booking in rising markets seen as one of the main reasons for high discontinuation

FPIs trim holdings in BSE 200 stocks in the first quarter

Top holdings for FPIs at the end of the quarter included HDFC, ICICI Bank and Shriram Transport Finance

Despite banks' record Q1 net profit, Bank Nifty on a slippery slope

It is up 15% since the start of CY21 against 19% in Nifty50; this despite banks' record Q1 profit

Ruchi Soya gets Sebi's approval for Rs 4,300 crore FPO, say reports

According to its draft documents, the issue's net proceeds will be utilised to repay its borrowings and fund incremental working capital requirements

India's overseas listing rules delayed due to tax concerns: Report

India will take around six months to announce rules allowing companies to list overseas, taking longer than some expected as the finance ministry irons out issues related to taxation

Poonawalla Fincorp plans to triple AUM to Rs 45,000 cr by 2025

The company would also look at listing its housing finance subsidiary with an AUM of Rs 10,000 crore

SpiceJet shares close down over 4% after loss of Rs 729 crore in Q1

Shares of SpiceJet on Monday declined by more than 4 per cent at close after the company reported a loss of Rs 729 crore for the April-June quarter

Market Wrap Podcast, Aug 16: Here's all that happened in the markets today

BSE barometer Sensex hit a new high of 55,681 in trade and settled at 55,583, up 145 points or 0.26 per cent

Sensex rallies for 3rd day, gains 145 pts; Nifty ends at 16,563; RIL up 1%

The advance-decline ratio remained skewed in favour of seller, highlighting underlying bearishness in market.

Canara Bank, Wipro are on Osho Krishnan's shopping list. Here's why

Top buy and sell ideas for the day