Page 2094 - Markets News
Sebi mulls 'formal regulatory framework' for index providers and ETFs
It is also debating whether certain indices should be designated as 'significant' or 'systematically important'
 "Sebi mulls 'formal regulatory framework' for index providers and ETFs")
Infosys completes 8 years of NYSE listing, to ring closing bell
Infosys will ring the closing bell at the New York Stock Exchange (NYSE) to commemorate its eighth anniversary of listing on the exchange
 "Infosys completes 8 years of NYSE listing, to ring closing bell")
India's forex reserves surge by $4.5 billion to record $579.3 billion
Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves
 "India's forex reserves surge by $4.5 billion to record $579.3 billion")
Market Wrap, Dec 11: Here's all that happened in the markets today
BSE Sensex ended at 46,099, up 139 points, or 0.3 per cent while NSE's Nifty ended at 13,514, up 36 points, or 0.26 per cent
 "Market Wrap, Dec 11: Here's all that happened in the markets today")
MARKET WRAP: Sensex ends 139 pts higher in volatile trade; ONGC gains 5.7%
All that happened in the markets today
 "MARKET WRAP: Sensex ends 139 pts higher in volatile trade; ONGC gains 5.7%")
TVS Sricharka surges 32% in 4 days after announcing Rs 1,000 cr capex plan
The company said it is not a party to memorandum of family arrangement executed on December 10, 2020 between members of the TVS Family in order to record the terms of the family arrangement.
 "TVS Sricharka surges 32% in 4 days after announcing Rs 1,000 cr capex plan")
Ircon International, PNC Infratech advance up to 9% on order wins
PNC Infratech was up 8 per cent at Rs 189 after the company in JV with SPML Infra, announced receipt of LOA for an EPC project for 10 years of Rural Water Supply Project in UP.
 "Ircon International, PNC Infratech advance up to 9% on order wins")
Hinduja Global soars 17% to hit a 52-week high; stock gains 25% in 3 days
The company's subsidiary, HGS AxisPoint Health, has partnered with Parkland Community Health Plan (PCHP) to provide disease management services.
 "Hinduja Global soars 17% to hit a 52-week high; stock gains 25% in 3 days")
Dixon Technologies' stock has surged 37% in 2 mths; will the rally sustain?
Analysts at JM Financials believe Dixon Technologies' growth momentum is likely to accelerate over the next 5 years due to entry in smartphones through the PLI scheme
 "Dixon Technologies' stock has surged 37% in 2 mths; will the rally sustain?")
Apollo Tyres hits 52-week high on heavy volumes, surges 66% in 3 months
Analysts expect the revenue growth for Apollo Tyres to accelerate, as the truck OEM segment is on the path to recovery and the replacement segment remains robust
 "Apollo Tyres hits 52-week high on heavy volumes, surges 66% in 3 months")
UPL recovers a day after tumbling 11%; here is what brokerages say
In a clarification on the reports, the company said that this was an old matter and was reported to the audit committee in 2017.
 "UPL recovers a day after tumbling 11%; here is what brokerages say")
Oil & Gas shares in focus; ONGC, Oil India, Gail rally up to 10%
On Thursday, Brent Crude prices crossed $50 per barrel-mark for the first time since March on demand recovery and hopes of Covid-19 vaccine
 "Oil & Gas shares in focus; ONGC, Oil India, Gail rally up to 10%")
Rising inflation, crude oil are a new worry for financial markets: Analysts
Over the past one month (since November 13), Brent crude oil prices have surged nearly 18 per cent to $50.34 a barrel now
 "Rising inflation, crude oil are a new worry for financial markets: Analysts")
Sebi to have dept to check price manipulation, misuse of IPO funds
The move comes close on the heels of an extensive discussion it had with the finance ministry in November.
ACC, Cipla: 66 stocks from Nifty 500 index are showing weakness on charts
Few pharma stocks are expected to weaken at higher levels.
 "ACC, Cipla: 66 stocks from Nifty 500 index are showing weakness on charts")
NMDC gains 5% on higher iron ore prices; stock surges 24% in a month
The rally in global iron ore prices augurs well for NMDC as it provides the domestic iron ore major likely room to increase its prices further, thereby auguring well for the company.
 "NMDC gains 5% on higher iron ore prices; stock surges 24% in a month")
L&T trades higher for seventh straight day; stock hits over 9-month high
In the past one month, L&T has outperformed the market by gaining 15 per cent as against a 6-per cent rise in the S&P BSE Sensex
 "L&T trades higher for seventh straight day; stock hits over 9-month high")
Logistics shares extend rally; Snowman Logistics gains 96% in 5 weeks
Snowman Logistics and SpiceJet have signed an MoU for jointly engaging in storage, transportation and distribution of Covid-19 vaccines
 "Logistics shares extend rally; Snowman Logistics gains 96% in 5 weeks")
Stocks to watch: UPL, Canara Bank, IRCTC, Wipro, Ircon Int'l, PNC Infratech
Here's a list of stocks that may remain in focus today
 "Stocks to watch: UPL, Canara Bank, IRCTC, Wipro, Ircon Int'l, PNC Infratech")
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.
 "Two stock recommendations by Gaurav Garg of CapitalVia: Buy Hero Moto, L&T")