Page 1989 - Markets News

Godrej Properties raises Rs 3,750 crore through QIP issue

Realty firm Godrej Properties on Tuesday said it has raised Rs 3,750 crore through sale of shares to institutional investors.

MFs hold nearly a fifth of AT-1, Tier-2 bonds issued by banks: Nomura

On March 10, the market regulator said that no MF under all its schemes shall own more than 10% of AT-1 bonds and Tier-2 bonds issued by a single issuer

Intellect Design Arena trades higher for 6th day; stock hits record peak

In the past two months, the stock has zoomed 81 per cent as compared to a 3 per cent gain in the S&P BSE Sensex

Bet on these winners from Ashish Kacholia's portfolio for more gains

Some of these stocks have claimed new all-time highs

Paper stocks in demand; Emami Paper, West Coast Paper zoom up to 20%

The government has issued a draft regulation under which there can be a ban on single use plastic for candy & ice cream stick, film wraps around sweet boxes and cigarette packets, etc.

Tata Communications tumbles 7% as OFS to divest govt stake begins

The government will sell its 10 per cent stake, with an option to sell an additional 6.12 per cent stake in Tata Communications.

GIC Re hits 52-week high, zooms 62% in a month on privatisation buzz

GIC Re is the largest reinsurer in the domestic reinsurance market in India and leads most of the domestic companies' treaty programmes and facultative placements

IT shares in demand; Infosys, LTTS, Sonata Software hit record highs

Thus far in the month of March, the BSE IT index has rallied 10 per cent, against 3 per cent gain in the Sensex

Aarti Drugs gains 6% as board to consider buyback on March 19

In the past six months, the stock of Aarti Drugs has underperformed the market by falling 7 per cent as against a 29 per cent rally in the Sensex

Stocks to watch: Tata Comm, Adani Ports, AU Small Fin, Nippon Life India

The board of IndiGrid Investment Managers will meet on Tuesday to decide on a proposal related to raising Rs 1,500 crore through a rights issue

Market Ahead, March 16: All you need to know before the Opening Bell

Offer for sale (OFS) to divest the government's shareholding in Tata Communications will open Tuesday for institutional investors

Suryoday SFB IPO: Lender diversifies but asset quality worrying still

It was a purely microfinance bank in 2018, but dependence on such loans fell to 71 per cent in Q3

Mutual funds continue to trim positions in heavyweights in February

Most large MFs remained underweight on banking and overweight on capital goods

Sebi may tweak AT1 bond rule, looks for middle ground on valuation

Sebi is considering the alternatives with credit-rating agencies, fund houses, and ministry officials

Cummins India rides on exports, likely to gain as demand for power grows

Diesel engine maker projected to benefit as companies planning to build data centres seek power providers

Network 18 Media and Investments settles case with Sebi; pays Rs 1.56 cr

Network 18 Media and Investments or NW18 had approached Sebi to settle the matter through the settlement order

Sensex, Nifty fall amid concerns of rising inflation, Covid-19 cases

Sensex plunges 990 points before recovering

Analysts bet on defensive sectors amid rising inflation concerns

India's retail inflation, according to data released this Friday, surged to a three-month high of 5.03 per cent in February, as against 4.06 per cent in the previous month

Shares of MTAR Technologies gain 87% on stock market debut

At the closing price, MTAR had a market capitalisation of Rs 3,317 crore. The strong listing follows a blockbuster initial public offering (IPO), where demand had exceeded supply by 200 times

Kalyan Jewellers IPO opens Tuesday: A good long-term bet, say analysts

The company's performance was impacted significantly during fiscal 2018-19 and in the nine months of the current fiscal (9MFY21) due to natural calamities in the South India and Covid-19 pandemic