Page 2053 - Markets News

SBI Card hits fresh lifetime high; m-cap nears Rs 1 trillion

At 11:18 am, SBI Card's m-cap stood at Rs 98,000 crore, after hitting high of Rs 98,350 crore in intra-day trade on the BSE

Govt revises price band of air fares; time to buy IndiGo, SpiceJet?

The price hike has attracted the attention of market participants, now the stock needs to cross significant resistance to move ahead.

Cement stocks in demand; Dalmia Bharat, JK Cement, Ramco Cement at new high

The government's thrust on infrastructure spending and affordable housing bodes well for cement demand, Motilal Oswal Securities said in a note

ITC dips 3% as investors book profit post December quarter results

With today's decline, the stock of ITC has slipped 8 per cent from its 52-week high level of Rs 239

Aviation stocks take flight as govt ups fare price band; SpiceJet gains 7%

On Thursday, Ministry of Civil Aviation revised air fare price band on flights with 90 to 120 minutes of duration to Rs 3,900, up from Rs 3,500 earlier

Stocks to watch: ITC, Sun Pharma, Grasim, Power Grid, ACC, aviation stocks

Markets regulator Sebi on Thursday allowed Thomas Cook (India) to withdraw its buyback offer because of substantial deterioration in the company's financial position

Market Ahead, Feb 12: All you need to know before the opening bell

Airline stocks will be in focus today after the government increased the upper and lower cap on airfare by up to 30% in a move that's expected to push up tariffs and improve the financials of airlines

Sun Pharma, 7 executives settle dispute with Sebi; pay Rs 2.92 cr

Two whistle blowers had alleged that Sun Pharma and its subsidiary Sun Pharmaceutical Laboratories diverted funds through its sole distributor in India Aditya Medisales

State-owned RailTel IPO priced between Rs 93-94, offers 87 million shares

At the upper end of the price band, the IPO size works out to Rs 819 crore

Poonawalla's buyout to aid Magma Fincorp's expansion plans: Analysts

With Poonawalla taking control and fortunes of Magma Fincorp (MFL) expected to change, investors rushed to buy the latter's shares which were locked in the 10 per cent upper circuit band

Lower margins let down Titan despite demand gains in December quarter

January sales indicates strong growth momentum in the current quarter

Sebi allows Thomas Cook to withdraw buyback offer, cites Covid impact

Thomas Cook India said its reported cash and bank deposits had dropped by Rs 146 crore to Rs 245 crore during the three months to June 2020.

NSE co-location case: Sebi penalises OPG Securities and 3 others

Besides OPG, those facing penalty are - Sanjay Gupta, Sangeeta Gupta and Om Prakash Gupta

Mutual funds stay strong in SIP game as lump sum flows dwindle since July

Industry in January registered over 1.6 million SIPs, 58 per cent more than the previous nine-month average

Ujjivan, Equitas small finance banks turn tricky bet amid mounting NPA woes

Equitas and Ujjivan posted proforma NPA of 4.16 per cent and 4.8 per cent respectively in Q3, highest ever in many years

Rising global crude oil prices may spoil D-Street party, say experts

Brent Crude has surged more than 60 per cent since November, crossing $61 a barrel for the first time in 13 months

Regulator unveils framework for lawyers, consultants and others at GIFT

Circular covers eligibility and other norms for providing ancillary services in such centres

Large-cap PMS schemes fall behind benchmark index returns in January

Many schemes fell behind in the run-up to the budget as markets corrected

Demand revival to sustain healthy revenue growth for tyre makers

After a strong Q3, margins may come under pressure due to rising raw material costs

Market Wrap, Feb 11: Here's all that happened in the markets today

Frontline indices snapped their 2-day losing streak and ended higher in a lacklustre trade on Thursday amid stock-specific bets by investors