Page 1964 - Markets News

Glenmark Pharma hits 23-month high on Glenmark Life Sciences IPO plan

ICICI Securities believe this is a positive development for the company and will lead to value unlocking for the shareholder

PVR, Inox Leisure skid up to 9% as Crisil downgrades long-term ratings

Continued restrictions for more than 3-4 months and lower-than-expected ramp-up in occupancy post lifting may result in higher-than-expected cash loss

These bank stks may tank up to 18% as second Covid wave threatens recovery

The next support for the Nifty Bank index is at 30,000. Any breach of the same may result in a bearish trend towards 28,000-mark

Supreme Petro hits record high in a weak market; up 38% thus far in April

SPL's capacity expansion plans in the polystyrene and expandable polystyrene (EPS) segments, along with healthy demand, will support healthy volume growth over the medium term, CRISIL said

Nureca hits 10% upper circuit for second straight day; zooms 83% in 3 weeks

The company said the movement in volume / price of equity shares of the company is purely market-driven

Financials under pressure; ICICI Bank, RBL Bank, IndusInd slip up to 7%

The first fortnight of April 2021 has been weak in terms of business (already down 20 per cent) due to lower working days and onset of an aggressive second wave of Covid-19 infections

Macrotech Developers makes weak market debut, lists at 10% discount

Macrotech's IPO got decent subscription as the issue was subscribed 1.36 times

Linde surges 10%, hits new high in a weak market; zooms 124% in 3 months

The company is primarily engaged in manufacture of industrial and medical gases and construction of cryogenic and non-cryogenic air separation plants

Stocks to watch: Macrotech Developers, HDFC Bank, Mindtree, RCom, ACC

ICICI Lombard General Insurance Company reported 23 per cent YoY rise in net profit at Rs 346 crore for March quarter 2020-21

Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

The stock of HDFC AMC is moving above the 50-EMA level of 2,935 and is showing further strength

Top trading ideas by Ventura Securities: Buy Bajaj Electricals, Mukund

All the stocks are trading above their respective important averages, indicating upward bias

Market Ahead podcast, April 19: Factors that could guide markets this week

The Indian markets will enter the second week of earning season with 55 companies slated to post their results

Markets could see a time and price correction: Valentis Advisors MD

Returns in FY22 will be relatively more muted, but still healthy in the low double-digits, said MD Jaipuria

Losing sheen: Domestic corporate bonds no more FPIs' favourites in FY21

Experts say there could be further outflows from the bond market if US bond yields head towards the 2-per-cent mark.

Mindtree ticks double-digit growth to ride on strong deal pipeline

After a strong finish to FY21, the key trigger for the stock would be the growth metrics the company will deliver in FY22

Street signs: Indian markets still weak, volatility mars PSBs' QIP plans

Analysts say till the time the Nifty trades below its 50-day moving average (DMA) the trend could be weak

Bank FDs in spotlight as returns of liquid funds hit two-decade low

1-year returns down to less than 3.5%, below short-term rates offered by banks on FDs

FPIs pull out Rs 4,615 crore from Indian markets in April so far

Previously, FPIs invested Rs 17,304 crore in March, Rs 23,663 crore in February and Rs 14,649 crore in January

US stops short of branding Vietnam, Switzerland currency manipulators

The Treasury report also said the COVID-19 crisis was likely to continue to affect current account positions over the next year

Despite some slowdown, the outlook for IT firms appears reasonable

Weak rupee, recovery in US, lower valuations and domestic market volatility are tailwinds