Page 1995 - Markets News

Stake sale at premium valuations a positive for Adani Ports

In addition to volume gains, lower pledges and acquisitions such as Concor would be new triggers

Value theme gains currency as low P/E multiples catch investors' fancy

In February, the bottom 33 Nifty companies in terms of P/E rose 17.3%, while top-tier P/E stocks shed 1.3%

Stock markets eke out gains amid bond yield, crude oil price concerns

Market sentiment tracked global shares, which were mixed as initial optimism over the US Senate's passing of a $1.9 trillion stimulus bill gave way to inflation fears

With new players at the gates, AMCs to see stiff competition in MF space

Currently, nine requests for MF licence are being processed by Sebi

Anupam Rasayan's Rs 760-cr IPO opens Friday, price band at Rs 553-555

Only fresh issuance of shares; firm to utilise proceeds for repaying debt and for general purposes

Rising crude prices could put OMC margins under pressure, hurt stock rally

While analysts expect excise duty cuts or price hikes to offset pressure on marketing margins, there is some uncertainty currently; Oil producers seen gaining

Market Wrap, March 8: Here's all that happened in the markets today

BSE Sensex ended at 50,441 levels, up 36 points or 0.07 per cent. The index hit an intra-day high and low of 50,986 and 50,318, respectively

Weak global cues, high Brent crude cap gains on D-St; Sensex ends 36 pts up

Trends among sectoral indices remained muted with the Nifty PSU Bank, Metal, and IT indices ending up to 1.5 per cent higher on the NSE.

APL Apollo zooms 48% in 10 trading sessions as Board okays merger scheme

The company's board on February 26 had approved the merger of Shri Laxmi Metal Udyog and Apollo Tricoat Tubes with the company.

Just Dial shares surge 10% on advertisement agreement for IPL

The company has signed an advertising agreement with broadcaster Star for advertising as 'Co-Presenting Sponsor' in Indian Premier League, to be held in April-May 2021

Small, mid-cap stocks outperform amid current market weakness

The markets have largely taken to a downward trend amid high bond yields in the US

This Ashish Kacholia-owned stock has nearly doubled in 17 trading sessions

Ace investor Ashish Kacholia held 1.35 per cent stake in the company, as of December 2020

Sugar stocks in focus; Balrampur Chini, EID Parry rally up to 7%

Ethanol is expected to be a key driver for the sugar industry, going ahead

'PSU banks a trading opportunity than long-term investment theme'

The main concern for the PSU banks is governance, says Pradeep Gupta of Anand Rathi Shares & Stock Brokers

ONGC, IOC, GSPL: Crude hits $71; is it time to focus on oil-related stocks?

ONGC and GSPL have registered a breakout and may surge over 20 per cent in the coming sessions, charts show

Astral Poly jumps 5% on fixing record date for 1:3 bonus share issue

The company has fixed March 19 as the record date for the 1:3 bonus share issue

Oil & Gas shares rally; ONGC, Gail surge up to 7%, hit 52-week highs

The recent rebound in crude oil prices has been driven by gradual recovery in global economy and thereby, improving demand for crude oil even as it remains below pre-Covid levels

BEML surges 13% as report suggests Tata, Mahindra eyeing stake in firm

The board approved the appointment of M/s Deloitte Haskins & Sells LPP, as Consultant for advising, undertaking and implementing demerger of non-core assets of BEML

Stocks to watch: Aarti Drugs, Adani Ports, PVR, IndiGrid, Just Dial

Multiplex major PVR plans to invest Rs 150 crore to open up to 40 screens across the country in the next fiscal

Market Ahead, March 8: Top factors that could guide markets this week

Multiplex major PVR will be in focus after it said it plans to invest Rs 150 crore to open up to 40 screens across the country in the next fiscal