Page 1869 - Markets News
REITs, InvITs to disclose investor complaints on websites, exchange filings
Markets regulator Sebi on Thursday said all complaints received by emerging investment instruments REITs, InvITs will have to be disclosed on their websites, to stock exchanges in a prescribed format.
 "REITs, InvITs to disclose investor complaints on websites, exchange filings")
Investors wealth jumps Rs 2.93 trn as markets rally after 3-day decline
Investors' wealth jumped Rs 2,93,054.25 crore on Thursday as markets returned to winning ways after falling for three straight sessions.
 "Investors wealth jumps Rs 2.93 trn as markets rally after 3-day decline")
Market Wrap Podcast, July 22: Here's all that happened in the markets today
Tech Mahindra, Bajaj Finance, Bharti Airtel and Bajaj Finserv were the top Sensex gainers. On the other hand, HUL, Asian Paints, Bajaj Auto and M&M were the four losers
 "Market Wrap Podcast, July 22: Here's all that happened in the markets today")
Zomato IPO share allotment finalised: How to check your application status
In the grey market, Zomato shares are available at a premium of Rs 23, up Rs 2 from its GMP of Rs 21 yesterday
 "Zomato IPO share allotment finalised: How to check your application status")
Retail participation rising in equities on low interest rate: Sebi chief
Retail investors' interest in the Indian securities market has sharply increased to an average of 2.45 mn Demat accounts opened per month during April-June, Sebi chief Ajay Tyagi said on Thursday.
 "Retail participation rising in equities on low interest rate: Sebi chief")
Rupee gains for second straight session, settles at 74.46 against dollar
The rupee strengthened against the US currency for the second straight session on Thursday, closing 15 paise higher at 74.46 (provisional) amid a rally in the domestic stocks.
 "Rupee gains for second straight session, settles at 74.46 against dollar")
Sensex climbs 639 pts, Nifty tops 15,800; IT, metal stocks outperform
Signs of a strong corporate earnings season lifted demand for risky equities
 "Sensex climbs 639 pts, Nifty tops 15,800; IT, metal stocks outperform")
Bharti Airtel gains 4% on rolling out new postpaid plans
Airtel said it has simplified its Postpaid plans to offer industry leading data benefits backed by a 5G ready network and superior digital-first customer care
 "Bharti Airtel gains 4% on rolling out new postpaid plans")
HUL Q1 net profit rises 10% YoY to Rs 2,061 crore, revenue jumps 13%
Earnings before interest, tax, depreciation and amortisation grew 8 per cent YoY to Rs 2,847 crore as against Rs 2,644 crore
 "HUL Q1 net profit rises 10% YoY to Rs 2,061 crore, revenue jumps 13%")
Arvind Fashions to sell Unlimited retail biz to V-Mart Retail; stock up 16%
The company would receive cash consideration estimated at about Rs 150 crore upon the closure of transaction and thus, will fully recover the capital employed in the business
 "Arvind Fashions to sell Unlimited retail biz to V-Mart Retail; stock up 16%")
Gland Pharma shares rally nearly 8%; at 52-week high after Q1 earnings
Shares of Gland Pharma on Thursday jumped nearly 8 per cent after the company reported an 11.83 per cent increase in its consolidated net profit for the quarter ended June 30, 2021
 "Gland Pharma shares rally nearly 8%; at 52-week high after Q1 earnings")
Bajaj Auto's net profit doubles in Q1 to Rs 1,061 cr; forays into EV space
The wholly owned subsidiary will leverage the growth opportunities in the evolving mobility space and will help the Company venture into the manufacturing of Electric and Hybrid vehicles
 "Bajaj Auto's net profit doubles in Q1 to Rs 1,061 cr; forays into EV space")
ICICI Pru soars 9%, hits new high on strong performance in June quarter
VNB growth was driven by a resilient business model, innovative product offerings and diversified distribution and product mix
 "ICICI Pru soars 9%, hits new high on strong performance in June quarter")
Tech View: How to trade paint stocks amid drop in crude oil prices?
Share of Asian Paints and Berger Paints recorded new all-time highs in trade on Thursday
 "Tech View: How to trade paint stocks amid drop in crude oil prices?")
Jindal Stainless signs MoU with Tata Steel Mining; stock advances 10%
The MoU is signed with an aim to jointly unearth the chrome ore locked up in the boundary between our mines located in Odisha
 "Jindal Stainless signs MoU with Tata Steel Mining; stock advances 10%")
ITC Q1 preview: Low base, cigarette business to spur revenue, profit growth
ITC Q1 PREVIEW: During the quarter ended June, shareholders lost over 7 per cent of their wealth parked in ITC
 "ITC Q1 preview: Low base, cigarette business to spur revenue, profit growth")
Gland Pharma rallies 8% on strong revenue growth in June quarter
Gland Pharma said the growth in revenue was contributed from a mix of launch of new products and volume growth in existing products
 "Gland Pharma rallies 8% on strong revenue growth in June quarter")
IDFC soars 19% as RBI allows company to exit as promoter of IDFC First Bank
IDFC stands to benefit as a reverse merger could help unlock shareholder value, removing the holding company discount, ICICI Securities said in a note
 "IDFC soars 19% as RBI allows company to exit as promoter of IDFC First Bank")
Jubilant FoodWorks surges 9%, hits record high on strong growth outlook
With vaccinations well under way, the management believes that the worst is behind them and is confident of delivering strong, sustained growth in the periods ahead
 "Jubilant FoodWorks surges 9%, hits record high on strong growth outlook")
Nifty outlook & two stock ideas by Vinay Rajani of HDFC Securities
Hero MotoCorp's stock has broken down below the last six week's price consolidation
 "Nifty outlook & two stock ideas by Vinay Rajani of HDFC Securities")