Page 1965 - Markets News

Subex surges 32% in 2 days ahead of new product launch

The company will be launching the new AI automation platform on Thursday, April 22, 2021 and specific details of the same will be unveiled on the launch day

Up 113% in 4 weeks! This specialty steel stock now trades at 13-year high

Acuite Ratings & Research Limited upgraded the ratings of various credit facilities and exposures of the company with a 'stable' outlook

IPO boom prompts ICICI Bank to make hiring push in investment banking

ICICI plans to add five mid-to-senior level hires in each of the two units, which currently have 130 bankers in total.

Gland Pharma hits new high; stock zooms 92% over issue price

The stock was trading higher for the fourth straight day, up 16 per cent during the period

ICICI Prudential surges 10% on strong performance in March quarter

The company posted a 23 per cent year-on-year growth in new business premium during the January-March quarter (Q4FY21), led by steady traction in both regular and single premium business

Top trading recommendations by Anand Rathi: Buy Dr Reddy's Labs, Bata India

The price pattern is very strong on the technical parameters and Dr Reddy's Labs could outperform once there is more clarification on the developments of vaccine

Stocks to watch: TechM, ACC, Nestle India, 5paisa, Caplin Point, ICICI Pru

Ace investor Ashish Kacholia increased stake in Caplin Point from 1.08 per cent as of December 2020 to 1.16 per cent as of March 2021

Market Ahead Podcast, April 20: Top factors that could guide markets today

Nestle India and 7 other firms will report their March quarter numbers today

Correction may not be deep or extended: Kotak Institutional Equities CEO

In a Q&A, Pratik Gupta, CEO & Co-Head, says despite several near-term headwinds, India offers relatively stronger long-term growth and returns prospects

Three risks that the equity markets may not be fully pricing in

A weaker Rs, slower growth, and higher inflation could lead to investors focusing on export-oriented stocks

Monday blues: Second Covid-19 wave stings indices as markets drop 1.8%

Benchmark indices drop 3% before settling 1.8% lower, amid Covid-19 surge, new restrictions

Rupee drops by 52 paise to 74.87 against US dollar amid lockdown fears

The rupee plunged by 52 paise to close at 74.87 (provisional) against the US dollar on Monday amid a lacklustre trend in the domestic equities as investors fretted over the prospects of lockdown

US respiratory portfolio to drive medium term sales growth for Cipla

In the domestic market, growth is expected to come from Covid-related drugs

Oil steadies as dollar slumps but Covid-19 pandemic surge weighs

Brent crude was down 4 cents, at $66.73 a barrel by 11:06 AM ET (1506 GMT), after rising 6% last week

Lodha Developers makes weak stock market debut as shares fall 5.8%

The poor listing comes amid weakness in the secondary market because of the rise in Covid-19 infections and lockdown measures imposed in key states

'Disconnect between markets and the reality of on-ground Covid situation'

Given the weak domestic cues, leading experts see more volatility over the next few sessions

India's m-cap declines 2.5%, only top-15 nation to see erosion in April

Only market among top 15 to see a fall; world m-cap has risen 4.2% in April

Normal monsoon to boost stocks of agri-related companies, cool inflation

Agriculture activity, according to recent channel checks by Prabhudas Lilladher, is expected to continue at a strong pace in FY22

Market Wrap, April 19: Here's all that happened in the markets today

Sensex index quoted 47,949 levels, down 883 points while the Nifty50 was at 14,359 levels, down 258 points

HDFC Bank: Credit card biz, Covid-19 second wave pose near-term threat

A fresh Covid wave can potentially disrupt the recovery of businesses hurting some sections of HDFC Bank's loan book, analysts say