Page 2061 - Markets News

Top stocks that are likely to benefit from FM's Budget proposals

According to Phillip Capital increased allocation for capital expenditure will bode well for large banks, namely ICICI Bank, Axis Bank, HDFC Bank and State Bank of India

Market Wrap, Feb 2: Here's all that happened in the markets today

Among the headline indices, the S&P BSE Sensex zoomed 1,197 points, or 2.46 per cent, to settle the day at a fresh record closing peak of 49,798 levels

Budget-rally extends on D-St; Sensex surges 1,197 pts; SBI up 6%, TaMo 17%

The Sensex index reclaimed the 50,000 level in intra-day deals and hit a high of 50,154

Indigo Paints makes solid debut, lists at 75% premium over issue price

The IPO of Indigo Paints had garnered 117 times subscription, generating bids worth Rs 96,222 crore

HDFC Q3 standalone profit slips 65% YoY to Rs 2,926 cr, revenue tanks 42.2%

Its consolidated net profit, attributable to the owners, however, came in at Rs 5,176.76 crore for the quarter under review, clocking an improvement of 35 per cent on year

Brookfield REIT issue to open on Wednesday to raise Rs 3,800 cr

The Real Estate Investment Trust (REIT) public issue will hit the capital market on Wednesday

ITC, HDFC Bank and six other Sensex stocks scale fresh 52-week highs

SBI, the top gainer among the Sensex stocks, was up 8 per cent to Rs 337 at 02:25 pm, surpassing its previous high of Rs 332 touched on February 2, 2020

Cement shares soar on govt's infra push; UltraTech, Shree Cement up 8%

The huge thrust on infrastructure spending by the government in the Budget 2021-22 bodes well for construction materials such as cement and steel

Isgec Heavy Engineering leaps 9% on order wins from cement, steel sectors

The company received two orders - one for a Cement Waste Heat Recovery Boiler and another for conducting Remnant Life Assessment study

Why pharma stocks are underperforming despite Rs 2.23 trn Budget allocation

Much of the increase in this year's Budget allocation for health and well-being is attributed to expenditure set aside for Covid-19 vaccination

Tata Motors rallies 11% as domestic PV sales nearly double in Jan

The stock of Tata group commercial vehicles (CVs) company was trading at its highest level since June 2018

Canara Bank, PNB, SBI: How to trade PSU bank stocks post Budget 2021?

A decisive close above 2,000 mark on Nifty PSU index may open doors for 2,200 levels going ahead

KNR Constructions soars 17%, hits new high ahead of 1:1 bonus share issue

The stock will turn ex-date for bonus issue on Wednesday, February 3

Finolex Industries surges 16% on robust Q3 results, 1:5 stock split

The company said the rationale behind the stock split is to improve the liquidity of the company's shares on the stock market and also to make the same available to small investors

Indian shares sharply extend post-budget gains led by HDFC Bank advances

The NSE Nifty 50 index rose 2.14% to 14,586.55 by 0352 GMT, while the benchmark S&P BSE Sensex was up 2.1% at 49,621.80

Budget has the ingredients to ignite a fresh investment cycle

The Union Budget 2021 has chosen to prioritize growth while pushing fiscal considerations to the background, at least for some time

BSE Capital Goods index hits all-time high; L&T surges 15% in 2 days

The capital goods index hit a record high of 21,345 in intra-day trade, surpassing its previous high of 21,021, touched in November 2007

Stocks to watch: Indigo Paints, Eicher Motors, HDFC, Coal India, PVR

State-owned Coal India's coal production declined by 4.1 per cent to 60.5 million tonne (MT) last month

Market Ahead, Feb 2: Top factors that could guide markets today

Looks like, the euphoria in the market is likely to continue even today with SGX Nifty ruling 75 points up at 14,435

Market Ahead, Feb 2: Top factors that could guide markets today

Looks like, the euphoria in the market is likely to continue even today with SGX Nifty ruling 75 points up at 14,435