Page 2090 - Markets News

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.

Shipping Corporation hits over 2-year high; stock zooms 60% in 3 weeks

The government has decided to sell its entire 63.75 per cent stake in SCI

Indian rupee weakens 11 paise to 73.68 against US dollar in early trade

The rupee depreciated 11 paise to 73.68 against the US dollar in opening trade tracking muted domestic equities and a rebound in the American currency

Kalpataru Power dips 15% in 2 days after capex plan for office construction

The board has approved capital expenditure of approximately Rs 207 crore towards the purchase of land and will further incur approximately Rs 170 crore towards other expenses.

IRCTC shares tumble 13% as government's stake sale via OFS begins

The promoter proposes to sell up to 24 million equity shares of IRCTC, representing up to 15 per cent stake, with an option to additionally sell 5 per cent of the total equity capital

JK Paper, Star Paper Mills: Is it the right time to invest in paper stocks?

Major paper stocks have crossed their respective 200-DMA.

Cement stks dip as CCI raids cement cos on price cartelisation allegations

The CCI has initiated an investigation against cement companies in India regarding alleged anti-competitive behaviour

Stocks to watch: TCS, IRCTC, Maruti, Mahindra & Mahindra, Federal-Mogul

Here's a list of stocks that may remain in focus today.