Page 2089 - Markets News

Two stock recommendations by Gaurav Garg of CapitalVia: Buy Hero Moto, L&T

Hero Moto stock is witnessing a resistance breakout from its immediate resistance level placed at Rs 3,205.

Market Ahead, December 11: Top factors that could guide markets today

Shares of UPL will continue to be in focus on Friday after the management clarified that the matter flagged by a whistleblower was an old matter and was reported to the audit committee in 2017

UPL shares slump on fund-diversion charge; firm denies allegations

The stock closed at Rs 438 a share, down 10.94 per cent, with a market capitalisation of Rs 33,499 crore

Iron ore is this year's hottest commodity on China-fuelled surge

Futures in Singapore have surged almost 70% this year, hitting their highest since trading started in 2013, as China's stimulus-led rebound fuels steel output and consumption

Rebound in advertising, viewership help Zee Entertainment stock recovery

Macquarie Capital expects Dish TV, a Zee subsidiary, to report a Rs 300 crore free cash flow in FY21

Strong Rabi season offtake helps fertilizer stocks extend gains

Shares buck the market trend, advance between 3 to 8 per cent on Thursday

Life insurers play tax-free interest arbitrage game to rev up business

While most insurance schemes aren't tax-free anymore, assured return products are among the few exceptions

Corporate earnings growth, Covid vaccine to drive markets in 2021: Analysts

Corporate earnings, especially in the July - September 2020 quarter (Q2FY21), got a boost from lower raw material cost and cost cutting measures adopted by companies in the backdrop of Covid-19

Mrs Bectors' Rs 540-cr IPO to open for subscription on December 15

The issue comprises of Rs 40 crore of fresh capital raise and Rs 500 crore of secondary share sale by four existing shareholders

Market rally stalls after 5 days amid declines in Asian indices

A weakening rupee and lacklustre global markets further weighed on sentiment, traders said

Central bank's proposals on dividend payouts weigh on state-owned NBFCs

The RBI has proposed that the payouts from next financial year will depend upon factors such as capital adequacy, non-performing asset ratio and leverage ratio.

NSE to launch derivatives contracts on Nifty Financial Services index

The financial stocks have the biggest sectoral weight in the domestic stock markets

IRCTC shares tank over 10% as govt begins to offload 20% stake via OFS

The stock ended at Rs 1,452, down 10.3 per cent. Analysts said the higher than excepted paper supply by the government weighed on sentiment

Cement stocks fall after CCI raids on allegations of price cartelisation

This will not impact positive sentiment in the sector, say analysts

Canara Bank sets issue price for Rs 2,000 cr QIP at Rs 103.50 a share

State-run Canara Bank on Thursday said it has approved the issue price at Rs 103.50 per share for its qualified institutional placement (QIP) to raise Rs 2,000 crore

Market Wrap, Dec 10: Here's all that happened in the markets today

BSE Sensex snapped its five-day rally to settle at 45,960 levels, down 144 points, or 0.31 per cent while NSE's Nifty ended at 13,478, down 51 points

Sensex slips 144 pts as financial stocks, RIL decline; Nifty ends at 13,478

All that happened in the markets today

IFCI hits 52-week high on heavy volumes; stock rallies 73% in six days

The company expects improvement in the asset portfolio quality as well as cash flow of the company, due to various strategic initiatives including measures for recovery were initiated during FY20

UPL tanks 15% on whistleblower complaint; BSE seeks clarification

According to reports, the whistleblower has alleged that UPL entered into rent deals with the shell company owned by its employees. UPL has denied these allegations.

Nifty FMCG index hits fresh record high; Nestle, Godrej Consumer rise 3%

Among individual stocks, ITC was up 1 per cent at Rs 208, surging 17 per cent in past one month.