Page 1937 - Markets News

Board of Angel Broking approves new Masterbrand 'Angel One'

The existing logo of the Company shall be replaced with the new logo

This RK Damani, Rakesh Jhunjhunwala-owned stock has gained 56% in 3 days

Prozone Intu Properties shares were locked in the 10 per cent upper circuit band for the second straight day, at Rs 31.75 apiece, on the BSE

Indian Hotels hits 52-week high; up 26% in a month on demand recovery hope

The company is hopeful of demand recovery in the US and the UK in the next three to four months with the Covid-19 situation coming under control

HDFC & HDFC Bank, PNB & PNB Housing Fin: Strategies for 'twin' stocks

A Price-volume breakout above Rs 475 level, logged on May 31, may result in a rally towards Rs 550 and Rs 580-mark in PNB Housing Finance

HDFC Bank shares trade flat after RBI imposes Rs 10 crore penalty

Shares of HDFC Bank traded flat during early hours on Monday after the Reserve Bank of India (RBI) imposed a penalty of Rs 10 crore for deficiency in its regulatory compliance

Transport Corporation surges 62% in four days on strong Q4 results

The management expects a pickup in surface freight activity from H2 onwards (near festive season)

Bank of Baroda shares decline nearly 6% after disappointing Q4 result

Shares of Bank of Baroda on Monday declined nearly 6 per cent after the company reported a standalone net loss of Rs 1,047 crore in the quarter ended March 31, 2021

Divi's Laboratories shares jump 4% after robust Jan quarter earnings

Shares of Divi's Laboratories on Monday gained 4 per cent after the company reported a 29.30 per cent rise in its consolidated net profit for the quarter ended March 31, 2021

PNB Housing Fin zooms 20% on board nod to raise Rs 4,000 crore

Carlyle has agreed to invest up to Rs 3,185 crore through a preferential allotment of equity shares and warrants, at a price of Rs 390 per share

M&M slips 7% as firm expects slower tractor sales growth in FY22

While growth in tractors is slowing down after robust growth in FY21, M&M's auto segment is expected to see strong momentum in both LCVs and SUVs, brokerage MOSL said

Divi's Labs gains 3%, hits new high on strong March quarter results

The board has recommended a dividend of Rs 20 (i.e. 1,000 per cent) per equity share of face value Rs 2 each for the financial year 2020-21

Stocks to watch: HDFC Bank, M&M, BoB, Affle (India), Aurobindo Pharma, PNB

Bank of Baroda (BoB) reported a standalone net loss of Rs 1,047 crore in the quarter ended March 2021, as it shifted to a new tax regime

Market Ahead Podcast, May 31: Factors that could guide markets this week

GDP data for the March quarter is slated to be out on Monday along with the core sector data for April

Rally lures HDFC Bank to do 'whatever it takes' to make more equity deals

HDFC Bank ranked number 16 for overall equity deals business last year, and number 29 in 2019, according to Bloomberg.

Sensex at 200,000? Possible in 10 years, says Raamdeo Agrawal

Back in 2017, Mark Galasiewski of Elliot Wave International had reiterated that he expects the S&P BSE Sensex to hit the 100,000 mark by 2024

Statsguru: Six charts explain India's $3-trn market cap cheer amid Covid-19

The ratio of the value of all companies in the stock market to the size of the Indian economy is now in excess of 100 per cent

OMCs pay 73% higher excise duty even as crude oil prices decline

The top four OMCs paid all-time high excise duty of Rs 2.87 trn in FY21, up from Rs 1.66 trn in FY20

Don't get swayed by current optically high valuations: Mahesh Patil

Defensive sectors like information technology (IT) and consumer may lag, says CIO Patil

India-dedicated funds see $5-billion outflows in one year, shows data

GEM funds are the prime drivers of flows into emerging markets as they have assets under management of $123 billion

Street signs: Call date with RIL, Pair strategy for Axis, ICICI Bank & more

Prices of key raw materials, such as copper, steel and aluminium, are up between 20 and 40 per cent in one year