Page 1994 - Markets News
Market Wrap, March 10: Here's all that happened in the markets today
BSE Sensex advanced 254 points, or 0.5 per cent, to end at 51,279.5 levels. On the NSE, the Nifty50 index ended at 15,175 levels, up 76 points or 0.51 per cent
 "Market Wrap, March 10: Here's all that happened in the markets today")
Bull run continues for 3rd day; Sensex ends 254 pts up; IT, metal stks jump
Among sectoral indices, the Nifty Metal index remained the star performer today, closing 1.8 per cent higher, followed closely by the Nifty IT index (up 1.6 per cent).
 "Bull run continues for 3rd day; Sensex ends 254 pts up; IT, metal stks jump")
Equity MFs under stress, report outflows for eighth month running in Feb
Multi-cap, focused, and large and midcap were the only three categories to see net inflows
 "Equity MFs under stress, report outflows for eighth month running in Feb")
Stock of this packaging firm has soared 59% in 8 trading sessions of March
BSE has sought clarification from Jindal Poly Films with reference to significant movement in price. The reply, however, is awaited
 "Stock of this packaging firm has soared 59% in 8 trading sessions of March")
Graphite electrode makers in focus; Graphite India, HEG rally up to 10%
In the past one month, the stocks of HEG (up 34 per cent) and Graphite India (up 16 per cent) have outperformed the Sensex, which gained a marginal 0.02 per cent during the period
 "Graphite electrode makers in focus; Graphite India, HEG rally up to 10%")
MTNL, HMT hit fresh 52-week highs; zoom up to 78% in two weeks
MTNL surged 17 per cent to Rs 21.25 on the back of three-fold jumped in trading volumes in Wednesday's trade
 "MTNL, HMT hit fresh 52-week highs; zoom up to 78% in two weeks")
DRC Systems India lists on BSE, NSE at Rs 128.75, Rs 128.80 respectively
DRC Systems India Limited, the demerged entity of IT consultancy Infibeam Avenues, got listed on bourses on Wednesday
 "DRC Systems India lists on BSE, NSE at Rs 128.75, Rs 128.80 respectively")
Magma Fin up 5% as shareholders approve share issue to Poonawalla-led firm
The shareholders have approved the company's plan to raise up to Rs 3,456 crore by issuing preference equity shares to Adar Poonawalla-led firm
 "Magma Fin up 5% as shareholders approve share issue to Poonawalla-led firm")
TCS, Infosys: These IT stocks may help Nifty50 claim new high
An up move above 26,000 levels may trigger a rally towards 27,000-mark in the Nifty IT index
 "TCS, Infosys: These IT stocks may help Nifty50 claim new high")
Aurionpro soars 44% in 2 days on strategic partnership with Future-Tech UK
The company has signed the strategic partnership with Future-Tech, UK for data center design and consultancy projects in India & South Asia
 "Aurionpro soars 44% in 2 days on strategic partnership with Future-Tech UK")
JK Cement zooms 111% in 6 months on strong operational performance
The management's efforts to improve cost efficiencies through newly added capacities (4.2 MT) are expected to drive profitability
 "JK Cement zooms 111% in 6 months on strong operational performance")
IT shares in focus; KPIT, L&T Technology, Mindtree hit record highs
The $1.9 trillion Covid relief bill stimulus, if passed, will boost the US economy and will, in turn, positively impact the IT industry, ICICI Securities said in a note
 "IT shares in focus; KPIT, L&T Technology, Mindtree hit record highs")
AU Small Finance Bank shares jump 3% as lender launches QIP issue
The issue has been set at a floor price of Rs 1,181.06 per share, on which the lender may offer a discount of not more than 5 per cent, according to its exchange filing.
 "AU Small Finance Bank shares jump 3% as lender launches QIP issue")
Five ways active traders can manage their risk for better returns
Knowing all the do's and don'ts of trading in regards to learning process and failures, one needs to be clearly focused on the risk management.
 "Five ways active traders can manage their risk for better returns")
Stocks to watch: Voda Idea, Godrej Properties, PFC, AU Small Fin Bank, BPCL
AU Small Fin Bank launched its QIP on March 9 and fixed the floor price at Rs 1,181.06 per share
 "Stocks to watch: Voda Idea, Godrej Properties, PFC, AU Small Fin Bank, BPCL")
Market Ahead, March 10: All you need to know before the Opening Bell
The initial public offer of Easy Trip Planners was subscribed 7.20 times on Tuesday, the second day of subscription. The issue closes for subscription today
 "Market Ahead, March 10: All you need to know before the Opening Bell")
Top headlines: India entry into global bond indices put off, SMS rules held
With the suspension of the IBCcoming to an end, the government is preparing a special relief framework for medium and small enterprises that are still grappling with the pandemic crisis
 "Top headlines: India entry into global bond indices put off, SMS rules held")
India's inclusion in global bond indices faces taxation hurdle
Fund managers want govt to freeze taxes on sovereign debt papers
Improving outlook, low valuation drive Bajaj Consumer Care rally
Reduction in promoter pledge holding as well as interest from large HNIs in the stock have only added to the optimism
Retail loan growth will continue to remain far from encouraging for banks
Retail loan growth at 9.1 per cent for February 12 fortnight is the weakest so far; Nifty Bank index is up 60 per cent in six months
 "Retail loan growth will continue to remain far from encouraging for banks")