Page 1904 - Markets News

DLF may underperform on valuations, commercial portfolio concerns

Residential segment sales and outlook however remains robust

SAT pares Sebi's Rs 1 cr penalty on CARE Ratings to Rs 10 lakh; stock gains

The tribunal, however, has affirmed the order pertaining to lapses in assigning credit rating of Reliance Communications debentures

Market Wrap, June 14: Here's all that happened in the markets today

Indices started gap-down amid profit booking with the frontline S&P BSE Sensex and the Nifty50 dropping to lows of 51,936 and 15,606, respectively

Sensex ends choppy trade 77 pts higher; Adani Group cos sink up to 9%

In the broader markets, the BSE MidCap index ended the day in the red, down 0.7 per cent, amid steep losses in Adani Group stocks and BHEL

Reports of NSDL freezing accounts of 3 FPIs are erroneous: Adani Group

These reports are causing irreparable loss of economic value to the investors at large, Adani Group Companies said in bourse filings

Adani Group clarifies on FPI account development; stocks see some recovery

Adani Group clarified that the demat accounts of three foreign funds-Albula Investment Fund, Cresta Fund and APMS Investment Fund holding shares in group Companies are not frozen.

Is the bull run in Adani Group stocks over? Here's what charts suggest

If the stock of Adani Enterprises fails to hold the support of Rs 1,300 levels, it may slip to Rs 1,000-mark, translating into a downside of 23 per cent from the current levels, charts suggest

Analysts turn cautious on Adani Group companies, suggest cutting exposure

Shares of all six companies - Adani Enterprises, Adani Green Energy, Adani Ports, Adani Power, Adani Total Gas and Adani Transmission - hit their respective lower circuits in intra-day trade today

Greaves Cotton rallies 6% on heavy volumes; stock nears 52-week high

In the past one week, the stock of Greaves Cotton has soared 18 per cent, as compared to 0.41 per cent rise in the S&P BSE Sensex

Godawari Power trades higher for seventh straight day; zooms 51% in 3 days

In the past two weeks, the stock has soared 64 per cent after the company posted a multifold jump in consolidated net profit at Rs 304 crore in Q4FY21

Shyam Metalics IPO: Growth outlook outweighs valuation concern, say experts

The nearly two decade old company has opened its three-day public offer (between June 14 and 16) at a price band of Rs 303-306 per share

Tide Water, Easy Trip, Prozone Intu, RCom zoom over 100% in a month

Tide Water Oil was locked in the upper circuit for the second straight day, up 5 per cent at Rs 12,030.80 after the company announced a 1:1 bonus, Rs 200 dividend, and a stock split from Rs 5 to Rs 2

Reliance Power, Reliance Infra: ADAG stocks on a roll. What's driving them?

Analysts attribute sudden interest in ADAG stocks to the anticipation of the company becoming more proactive and aggressive to prune its debt obligations

eClerx Services rallies 45% in 3 days, hits new high post Q4 results

The company reported healthy March quarter numbers with revenues up 19.3 per cent QoQ in constant currency terms and 19.7 per cent QoQ in reported terms

BHEL slips 18% on lower-than-expected March quarter results

In Q4FY21, EBITDA level loss came in at Rs 1,264.3 crore as against EBITDA loss of Rs 561.7 crore in Q4FY20

Lupin dips 5% on USFDA warning letter for Somerset manufacturing unit

Lupin said the company does not believe that the warning letter will have an impact on disruption of supplies or the existing revenues from operations of this facility

Stocks to watch: Adani group stocks, Reliance Power, Lupin, BHEL, DLF

Reliance Power Limited has announced it will raise Rs 1,325 crore by issuing preferential shares and warrants to its parent, Reliance Infrastructure

Market Ahead Podcast, June 14: Factors that could guide markets this week

Coal India, Indian Overseas Bank, Kajaria Ceramics, Greenply Industries and Uttam Sugar Mills are among 50 firms slated to release their quarterly numbers today

Broader market will be fairly directionless and sideways: Mark Matthews

The world stock market has doubled in value from its low in March last year, and we think it now reflects 90 per cent of the post-pandemic economic recovery.

SBI Life, HDFC twins topped equity fund managers' buy list in May

SBI Life Insurance, HDFC and HDFC Bank attracted maximum inflows from mutual funds