Page 1985 - Markets News
Rupee settles almost flat at 72.52 against USD amid firmness in equities
The rupee ended on a flat note against the US dollar on Friday amid a firm trend in domestic equity markets
 "Rupee settles almost flat at 72.52 against USD amid firmness in equities")
Bulls return to D-St after 6 days; Sensex up 642 pts, Nifty tad below 14750
Mood on D Street changed after Moody's Analytics said India's economy is likely to grow by 12 per cent in CY2021 following a 7.1 per cent contraction last year
 "Bulls return to D-St after 6 days; Sensex up 642 pts, Nifty tad below 14750")
Aarti Drugs advances 15% as board approves buyback at Rs 1,000 per share
The board of directors has fixed April 1 as record date for ascertaining the shareholder who will participate in the proposed buyback.
 "Aarti Drugs advances 15% as board approves buyback at Rs 1,000 per share")
Godrej Properties hits 7-week low; shares fall below QIP price of Rs 1,450
The stock of Mumbai-based real estate developer was quoting lower for the sixth straight trading day
 "Godrej Properties hits 7-week low; shares fall below QIP price of Rs 1,450")
Stove Kraft tumbles for 10th straight day, down 26% from March high
Shares of Stove Kraft had staged a strong debut on the bourses on February 5 as the stock got listed at Rs 498, a 29 per cent premium over its issue price of Rs 385 on the NSE
 "Stove Kraft tumbles for 10th straight day, down 26% from March high")
Accenture Q2FY21 earnings: Five ways in which it can impact Indian IT
Accenture's Q2FY21 revenue beat, bookings at historically high and improvement in demand trends even in stressed verticals were among the key highlights from Accenture's Q2 show
 "Accenture Q2FY21 earnings: Five ways in which it can impact Indian IT")
Thomas Cook, BLS International: How to trade these travel-related stocks?
The weekly chart of Thomas Cook shows a consolidation breakout above Rs 40, indicating a positive outlook from a medium-term scale
 "Thomas Cook, BLS International: How to trade these travel-related stocks?")
Indo Count Industries shares soar 12% on Rs 200-crore capex plan
The company said that it decided to undertake expansion and modernization considering the increasing demand and growing business volume
 "Indo Count Industries shares soar 12% on Rs 200-crore capex plan")
Future group stocks slip as Delhi High Court puts RIL deal on hold
Future Retail (Rs 55.85), Future Lifestyle Fashions (Rs 64.85), Future Enterprises (Rs 8.60), and Future Consumer (Rs 6.42) were locked in 10 per cent lower circuit
 "Future group stocks slip as Delhi High Court puts RIL deal on hold")
Easy Trip Planners makes tepid debut, lists at 13% premium over issue price
The stock, which got listed at Rs 212 on the National Stock Exchange, hit the level of issue price (Rs 187) on the NSE in the intra-day trade
 "Easy Trip Planners makes tepid debut, lists at 13% premium over issue price")
ICRA surges 9% after Parag Parikh Flexi Cap Fund buys stake
On March 18, PPFAS Mutual Fund A/C Parag Parikh Flexi Cap Fund purchased 201,655 shares, representing 2.09 per cent stake, in ICRA for Rs 56.06 crore
 "ICRA surges 9% after Parag Parikh Flexi Cap Fund buys stake")
IEX scales new high in a weak market, rallies 22% in seven days
In the past three months, the stock of IEX has outperformed the market by surging 65 per cent as against a 4.3 per cent rise in the S&P BSE Sensex
 "IEX scales new high in a weak market, rallies 22% in seven days")
Stocks to watch: Easy Trip, RIL, Deepak Nitrite, Bharti Airtel, IT stocks
Shares of Reliance Industries and Future Group companies could react after the Delhi High Court upheld the Emergency Award that Amazon had won against Future Retail-RIL deal
 "Stocks to watch: Easy Trip, RIL, Deepak Nitrite, Bharti Airtel, IT stocks")
Market Ahead, March 19: Top factors that could guide markets today
Shares of Reliance Industries and Future Group companies could react after the Delhi High Court upheld the Emergency Award that Amazon had won against Future Retail-RIL deal
 "Market Ahead, March 19: Top factors that could guide markets today")
Kalyan Jewellers' IPO sees muted demand; Nazara gets overbooked
Analysts said Kalyan's weak performance in the previous three financial years coupled with slowdown in the economy weighed on investor sentiment
 "Kalyan Jewellers' IPO sees muted demand; Nazara gets overbooked")
India's share of IPOs continues to fall relative to rest of the world
This year is set to be the third consecutive year when India's share of initial public offers (IPOs) has fallen relative to the rest of the world
 "India's share of IPOs continues to fall relative to rest of the world")
Demand recovery to drive L&T Technology's FY22 show as ERD companies rise
Engineering research and development outsourcing expected to grow faster than IT services, say analysts
 "Demand recovery to drive L&T Technology's FY22 show as ERD companies rise")
Bandhan Bank: Concerns on MFI portfolio an overhang
Brokerages have lately turned optimistic though Q4 results hold key for sentiments to improve
 "Bandhan Bank: Concerns on MFI portfolio an overhang")
Investors should be careful while subscribing to IPOs: Deepak Jasani
The large liquidity sloshing around and the listing gains of past IPOs are the key reasons for the IPO market doing well
 "Investors should be careful while subscribing to IPOs: Deepak Jasani")
US bond yield spike, rising Covid-19 cases in India drag indices
The index rose close to 500 points on opening after the US Federal Reserve (Fed) pledged to shrug off inflation worries for a while and keep the monetary policy loose through 2023
 "US bond yield spike, rising Covid-19 cases in India drag indices")