Page 1859 - Markets News

Profit booking takes sheen away from smallcap, midcap stocks

In a reversal of rising trajectory after many months, BSE smallcap and midcap indices on Tuesday faced severe drubbing as they tumbled up to 2 per cent on profit-booking by investors

Bombay Stock Exchange aims at 60 SME platform listing in 2021-22

Bombay Stock Exchange is aiming at listing some 60 companies on the SME platform this fiscal backed by the ongoing bull run in the market and relaxation in eligibility criteria, a BSE official said

Market Wrap Podcast, Aug 10: Here's all that happened in the markets today

In a see-saw trade, the benchmarks after hitting fresh peaks in intra-day trade slipped into the red on profit booking but soon recovered as investors lapped up shares, again taking the indices higher

Mid-, small-cap stocks under pressure; 24 stocks freeze at lower circuits

At 02:04 pm, the S&P BSE Midcap index and the S&P BSE Smallcap index were down 1 per cent and 2 per cent, respectively, as against a 0.23 per cent rise in the S&P BSE Sensex

Profit-booking drags broader mkts; Metal, PSB indices fall 3%, IT stocks up

The BSE Sensex closed at 54,555 levels, up 152 points or 0.28 per cent. The Nifty50 index shut shop at 16,280 levels, up 22 points or 0.13 per cent

Max Healthcare gains 8%, hits new high post June quarter results

HDFC Securities believes the company is entering a high-growth phase, owing to significant expansion it has planned at strategic locations

Bharti Airtel hits all-time high on robust outlook; stock up 20% in 3 weeks

According to analysts, Bharti Airtel has a clear advantage to further gain high-quality subscribers in both pre-paid and post-paid categories, considering Vodafone Idea's weak financial position

Dynamatic Technologies zooms 20% as 4% equity changes hands via block deal

At 09:19 am, around 263,471 equity shares, representing 4.15 per cent stake of Dynamatic Technologies, changed hands via block deal on the BSE, the exchange data shows

Amara Raja, Indo National: Stocks of battery makers that can jump up to 25%

RIL has forayed into Lithium-ion battery biz through stake buy in US company. Here's how stocks of traditional battery makers look on the technical charts

Chemplast Sanmar IPO: Should you bet on a company with negative net worth?

Chemplast Sanmar IPO: Sustainability of financial performance and strong cash flow would be the key catalyst for valuation re-rating, say analysts

Tech Mahindra extends gains post June quarter results; stock hits new high

In the past one month, Tech Mahindra has outperformed the market by surging 25 per cent, as compared to 4.4 per cent rise in the S&P BSE Sensex

Future Retail rebounds 21% from day's low on Amazon bail-out report

Reports suggest, Amazon.com Inc. is preparing a bailout plan for cash-strapped Future Retail if the Singapore International Arbitration Centre (SIAC) rules against a planned takeover by RIL

Jubilant FoodWorks rallies 25% in three weeks; hits new high on BSE

Analysts believe Jubliant FoodWorks aggression towards store opening and increase investment towards digital infrastructure will allow the company to emerge stronger from the pandemic.

Stocks to watch: Zomato, Shree Cement, RIL, PNB Housing Fin, Indian Hotels

Allcargo group firm Gati Limited has appointed Pirojshaw Sarkari as its CEO, the company said on Monday

Market Ahead Podcast, August 10: Top factors that could guide markets today

Zomato, Coal India, Lupin, Power Grid Corporation of India, Ashoka Buildcon, Deepak Fertilisers, and Whirlpool of India are among over 200 companies slated to post their quarterly earnings today.

Top headlines: Tata group mulls chips business, FM speaks on scrapping tax

Business Standard brings you top headlines this morning

SAT gives split verdict in Sebi-PNB Housing case; interim order to continue

Sebi's main contention was that it had power to regulate transfer of securities under section 24 of the Companies Act

Shree Cement: In-line Q1, robust outlook

Industry leading margins should help the company amid govt's infra push and expected pickup in construction activity

Promoter share pledging declines for second straight quarter in Q1FY22

The value of promoter pledged holdings stood at Rs 1.7 trillion, 0.81% of total market cap of BSE 500 index

NSE to start trading in US stocks at Gift City, list of scrips not yet out

Domestic retail investors will be able to transact on the platform under LRS scheme prescribed by RBI which permits a resident individual to remit up to Rs 1.86 crore per year