Page 2045 - Markets News

ONGC, BPCL, HPCL: Oil and Gas stocks could surge up to 30%, charts show

Technical indicators suggest further upside in the S&P BSE Oil and Gas index towards 15,800 to 16,000 levels.

Repco Home, PNB Housing Finance soar up to 18%, hit 52-week highs

The RBI, on Wednesday, came out with a slew of directions related to maintenance of liquidity coverage ratio, risk management, asset classification and loan-to-value ratio, among others, for HFCs

Paytm Money opens F&O trading, receives over 100,000 early access requests

Paytm Money said that during the Early Access Program the company witnessed massive interest coming from tier-III, tier-IV, and the rest of India

HEG, Linde: Despite 50% rally in Feb, these 14 stocks can rise another 25%

The technical outlook continues to show more upside in these stocks

New India Assurance, GIC Re hit 20% upper circuit on privatization buzz

As on December 31, 2020, the government held 85.78 per cent stake in GIC RE, and 85.44 per cent holding in the New India Assurance Company.

Morgan Stanley believes SBI is well-placed to capitalise cyclical lift

Morgan Stanley has raised its one-year target price to Rs 600 apiece. In their bull-case, the target price is pegged at Rs 830, implying a 100 per cent upside from Wednesday's close

Oil and gas shares flare as govt plans to spend Rs 7.5 trn on related infra

Gujarat Gas, Gujarat State Petronet and Indraprastha Gas rallied up to 18 per cent on the BSE in intra-day trade

TCNS Clothing surges 26% in 2 days after Nalanda Fund buys 7% stake

On Wednesday, Nalanda India Equity Fund bought 4.32 million equity shares, representing 7.02 per cent stake, in the company though block deals

IndiaMART InterMESH shares surge 8% after launch of QIP issue

The board may offer a discount of 5 per cent on the floor price at its discretion, the company said

PSU banks, Magma Fincorp drive S&P BSE SmallCap index near record high

In the past one week, Bank of Maharashtra and Indian Overseas Bank have surged up to 67 per cent on report that the government has shortlisted four mid-sized state-run banks for privatisation

Dish TV jumps 6% as board approves raising up to Rs 1,000 crore

The company and its promoters settled with Sebi cases of alleged disclosure lapses after paying nearly Rs 45 lakh as settlement charges

Stocks to watch: Bharti Airtel, IndiaMart, Dish TV, GAIL, Ambuja Cements

Dish TV's board, on Wednesday, approved raising funds of up to Rs 1,000 crore

Market Ahead, Feb 18: Top factors that could guide markets today

Ambuja Cements and 4 other firms are slated to announce their December quarter numbers today

Bitcoin scales $51,000 for the first time as crypto fever continues

Activity in Bitcoin futures suggests traders don't see a sudden end to the crypto rally, with spreads continuing to widen between the active contract and March futures

Don't regulate crude oil production and raise prices, Pradhan urges OPEC

Petrol crosses Rs 100 a litre in Rajasthan's Sriganganagar

Weak Q3, downgrades to keep Bayer CropScience stock under pressure

Given the focus on volume growth and price cuts margin pressures may remain

Size, branch reach make Bank of India an attractive privatisation candidate

First to exit PCA in 2019, the bank's efforts to better its asset quality is yielding results

Schneider-Sebi spat: Bombay HC redirects firm to SAT in delisting case

Court asks SAT to look at new appeal without being influenced by its earlier order of November 26, 2019; Sebi told not to take any coercive action against firm for three weeks

Sensex extends losses amid global weakness; HDFC twins drag

Equity indices buckled under selling pressure for the second straight session on Wednesday as risk appetite remained subdued amid a bearish trend overseas

MF energy exposure off 280 bps since July, at near 3-yr low; IT at new high

According to one analysis, about 6.9% of equity scheme assets were invested in energy firms, close to 12% in IT