Page 2092 - Markets News

Sensex ends at fresh closing peak, gains 154 pts; Burger King zooms 131%

All that happened in the markets today

Shriram City Union Finance to raise up to Rs 200 cr through bonds

The bonds will be in the nature of secured, rated, listed, redeemable, principal protected market linked debentures (PP-MLD)

Market Wrap, Dec 14: Here's all that happened in the markets today

BSE Sensex ended at a fresh closing peak of 46,253, up 154 points, or 0.34 per cent while NSE's Nifty ended 44 points, or 0.33 per cent higher at 13,558 levels - its record closing high

Burger King more than doubles in stellar market debut. Should you stay put?

The company intends to utilise the issue proceeds to finance the roll-out of new company-owned Burger King Restaurants and to meet the general corporate purposes

PSU stocks in focus; Hindustan Copper, MMTC rally up to 20%

In past one month, the S&P BSE PSU index has rallied 17%, as compared to a 6% gain in the benchmark S&P BSE Sensex.

Ramco Systems hits 52-wk high on winning large multi-million dollar orders

In the past two trading days, the stock has gained 19 per cent from the level of Rs 518 hit on Thursday, December 10.

BSE Capital Goods index hits fresh 52-week high; L&T, BEL gain up to 3%

Given the likely recovery in capex from public sector, multilateral funded projects and certain process industries, analysts at ICICI Securities believe, companies like L&T will be key beneficiary

Jubilant Food, Tata Coffee: Strategy for QSR stks post Burger King listing

An upmove above the resistance level of Rs 2,700 may trigger a rally towards Rs 3,000 mark in Jubilant FoodWorks, technical charts suggest

Bharti Infratel nears 52-week high; stock zooms 40% in a month

The company said it has initiated due process for getting final approval from stock exchanges to update the name to Indus Towers

Cipla rallies 5% after settling litigation with Bristol Myers in US

Bristol Myers (Celgene) will provide Cipla with a license to sell generic volume-limited amounts of gRevlimid capsules in the US sometime after March 2022, subject to regulatory approval

eClerx Services gains 4%, hits 52-week high as Company to acquire Personiv

The acquisition is expected to be closed by December 29, 2020, and will be paid in cash.

Stocks to watch: Cipla, eClerx, KEC International, Burger King India, JSPL

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

Nifty outlook & stock picks by Gaurav Garg: Buy Quess Corp, City Union Bank

Traders should try to create a long position keeping a close eye on 13,400

A fall below 13,400 may push Nifty towards 12,900, says Sameet Chavan

With a broader view, 14,000 and beyond levels are very much possible, but for the time being 13,500 - 13,600 are the extreme levels as per few key Fibonacci ratios

Market Ahead, December 14: Top factors that could guide markets this week

Burger King India's Rs 810 crore IPO will debut at the bourses today. The quick-service restaurant chain is expected to have a strong debut as its IPO had received an overwhelming response

Sebi defers T+1 settlement plan after opposition from foreign investors

Measures related to capital markets aimed at providing an impetus to economic growth will be discussed, sources said.

BSE, NSE, MCX gear up for India's first bullion exchange at Gift City

The remaining share capital may be acquired or held by any other person with a maximum cap of 5 per cent per investor.

FOMO on market rally overshadowing economic environment: Prakash Kacholia

The inflow of over Rs 60,000 crore of funds into the Indian markets from foreign portfolio investors (FPIs) in November would defy all moods

Fund pick: DSP Equity Fund is a consistent multi-cap outperformer

The fund has consistently outperformed the benchmark (Nifty 500 TRI) and its peers in all the trailing periods under analysis.

Equity mutual funds sell bluechip financial firms aggressively in Nov

All these counters witnessed aggressive buying for foreign portfolio investors