Page 2077 - Markets News

Bulls reign on 1st day of 2021; Sensex ends 118 pts up at 47,869; PSBs gain

In the broader market, the S&P BSE MidCap and SmallCap zoomed 1 per cent and 0.9 per cent, respectively

Chemcon Speciality gains 29% in 3 days after Plutus Wealth hikes stake

On December 30, 2020, Plutus Wealth Management LLP purchased 1 million equity shares, representing 2.7 per cent stake of Chemcon Speciality Chemicals, for Rs 43 crore on the NSE via bulk deal

Rain Inds surges 15% as arm completes sale of non-strategic subsidiaries

The Company has decided to divest the stake in these two non-strategic subsidiary companies, as a part of its strategy to achieve sustainable growth, create value for all stakeholders and reduce debt

Escorts, M&M: Tractor stocks could see 20-30% upside, charts suggest

Tractor stocks such as M&M and Escorts are indicating a bullish outlook for coming sessions

NCC jumps 5%, hovers near 52-week high on winning Rs 8,980 cr orders in Dec

The firm has won 15 new orders from central and state government agencies in the month of December

Tips Industries surges 16%, nears record high on film biz demerger plan

The company's board is scheduled to meet on January 5, 2021 to explore demerger of the film business and consider any other matters incidental thereto

Escorts gains 4% on posting highest-ever tractor sales for December month

Post lockdown, December was the first month where the company could supply as per the demand of customers, some of whom waited long to get their preferred tractor brand

Stocks to watch: Antony Waste, M&M, JSPL, Infibeam Avenues, IDBI Bank

The shares of auto companies will remain in focus today after a host of companies are scheduled to release auto sales figures for December 2020

Market Ahead, Jan 1: Top factors that could guide markets today

Wall Street bid adieu to 2020 on a strong as all three major indices gained ground, with Dow and S&P 500 picking up steam in the session's final minutes to exit 2020 at record highs

Three stocks that Nilesh Jain of Anand Rathi Shares is bullish on

The stock of Hindustan Petroleum Corporation (HPCL) has formed a strong base at around 205 levels and is making a higher top and higher bottom formation on the daily chart

Stock suggestions by Gaurav Garg of CapitalVia: Buy Maruti Suzuki, Voltas

The stock of Maruti Suzuki India might show further strength if it moves above 7,620

Most mid, small-caps still trading below fair value: Umang Papneja

The equity markets rallied sharply after the unprecedented stimulus of the central bank earlier this year.

AIF registration dips in 2020 as fund managers turn cautious amid Covid-19

Alternative investment funds are sophisticated schemes for wealthy people to invest their money. They require a minimum investment of Rs 1 crore

Nifty caps roller-coaster year just shy of 14,000-mark, shows data

It took Nifty 25 sessions to cross 14,000 from 13,000-levels.

New fund offers: Consider investing in differentiated offerings only

Also invest if you can lock in returns or can view the record of underlying fund

Sebi's one-time settlement scheme fetches a dismal Rs 10-12 crore

Sources say that despite the cold response, the regulator was not in favour of extending the deadline of the scheme

Select large caps likely to give good returns in 2021, say analysts

With valuations at a premium, brokerages highlight the need for caution

Govt appoints Milliman Advisors to find out LIC value ahead of IPO

The work on determining the embedded value of India's largest insurer would start soon, Dipam Secretary Tuhin Kanta Pandey tweeted

Canara Bank raises Rs 1,635 crore through additional tier-I bonds

State-owned Canara Bank on Thursday said it has raised Rs 1,635 crore through issuance of additional tier-I bonds.

Sebi exempts fund managers from placing orders for passive trades

A fund manager can now authorise an AMC employee to place an order on his behalf provided the order instructions are through the electronic mode, including email, and audit trail is maintained