Page 1900 - Markets News

Shyam Metalics, Sona Comstar: What grey mkt is signalling ahead of listing

Shyam Metalics shares traded at a premium of Rs 123-125 or nearly 40 per cent over the issue price of Rs 306 in the grey market ahead of listing, while Sona Comstar shares were trading flat

Godrej Agrovet rallies 8%, hits 52-week high as Godrej Industries ups stake

On June 22, 2021, Godrej Industries purchased 976,047 shares, representing 0.51 per cent of total equity, of Godrej Agrovet worth of Rs 55.63 crore

Hero MotoCorp to raise prices by up to Rs 3,000 from July 1; stock up 3%

The price hike has been necessitated to partially offset the impact of continuous increase in commodity prices, the company said

Kalrock-Jalan consortium receives NCLT nod to fly Jet Airways; stock up 5%

Shares of the defunct airline are up 15.6 per cent in 3 trading sessions as against a 1 per cent gain in the frontline S&P BSE Sensex.

United Breweries reverses gains, slips 6% post huge block deals

Around 39.76 million shares, representing 15 per cent of the total equity of United Breweries changed hands on the BSE, the exchange data shows

Stocks to watch: Hero Moto, NMDC, HDFC Bank, Centrum Capital, VIL, CDSL

Two-wheeler maker Hero MotoCorp will hike its vehicle prices by up to Rs 3,000 from July to partially offset the impact of the higher commodity prices

Market Ahead Podcast, June 23: Top factors that could guide markets today

Apollo Hospitals Enterprise, HCC, Mcleod Russel India, Mercator and V2 Retail are among 64 companies slated to release quarterly earnings today

FII flows into India may take a hit in short-term: Kenneth Andrade

While we remain an economy, which has its own strengths and weaknesses, capital flows remain democratic and in the near term they will behave in a synchronous manner

Sensex's slowest 1,000-point march in recent times as it crawls to 53,000

The latest 1,000-point up move has been the slowest in the previous 10

Market erases gains to end flat amid volatility; Maruti Suzuki rises 5%

After touching a lifetime intra-day peak of 53,057.11, the 30-share BSE Sensex settled 14.25 points, or 0.03 per cent higher, at 52,588.71, marking its third straight session of ga­ins

HUL gains 6% in June on demand recovery hope, market share improvement

Brokerages expect sales and earnings to grow faster than peers

Opec+ discusses crude output hike in preparation for next meeting

Moscow is considering making a proposal that the group should ease a global supply deficit by increasing output, according to Russian officials familiar with the matter

Foreign funds at IFSCs may get benign tax treatment under VCC model

K P Krishnan committee report has made multiple suggestions for Indian VCC vehicles to compete with Singapore

PNB Housing controversy puts spotlight on independent valuer rule

Inconsistencies between the Companies Act and the Issue of Capital Regulations to be debated before SAT

Retail investors stock up on financial, consumer staple, IT: SBI report

Retail participation in the stock market, the report said, increased during the pandemic, especially in the second half of fiscal 2021-22

Demand recovery, new launch hopes drive gains for Maruti Suzuki

Price hikes effective from July 1 could offset input cost pressures

Covid leaves Indian adults poorer by 6.1% in 2020: Credit Suisse

The drop in the wealth of Indian adults in 2020, according to Credit Suisse, was amplified by exchange rate depreciation

Market Wrap Podcast, June 22: Here's all that happened in the markets today

At the headline level, the 30-share BSE Sensex hit a fresh record high of 53,057 level in early deals but pared gains to end at 52,589 levels, up 14 points

D-St ends flat ahead of Powell testimony; Sensex up 14 pts; auto, IT gain

Maruti Suzuki, up 5 per cent, on the NSE was the biggest gainer on the Nifty today after the company decided to hike vehicle prices in the July-September quarter (Q2FY22) to pass on higher input costs

Paper stocks in demand; JK Paper surges 19%, Orient Paper up 10%

Paper industry will witness an uptick during FY22 on year on year basis backed by better paper demand and increase in its prices