Page 2099 - Markets News

Easing of global raw material prices to aid Sheela Foam's margins

The stock of Sleepwell mattress maker has gained 28 per cent over the last month

Global price hikes strengthen steel manufacturers; sectoral m-cap up 43%

The top 13 iron and steel firms now have a combined m-cap of Rs 2.45 trillion, up from Rs 1.7 trillion at the beginning of October

Govt's move to pare stake in Axis Bank fuels hope of divestment by stealth

Last week, it sold shares worth Rs 220 crore in the open market without making a formal announcement. The deal came to light only this week

SC allows Franklin Templeton to seek investors' nod for winding up schemes

Top court slams Sebi for staying on sidelines when unitholders began redeeming their investments; redemptions to remain suspended till further notification

Burger King IPO subscribed 9.4x on Day 2, retail portion by 37.8 times

Wealthy investor and institutional investor portions subscribed 3.6 times and 2.7 times, respectively; Only 10 per cent of the issue is reserved for retail investors

Market Wrap, Dec 3: Here's all that happened in the markets today

The benchmark indices ended with meagre gains on Thursday after scaling record high in the opening deals

Electric utilities stocks gain; Adani Power soars 20%, JSW Energy rises 14%

The S&P BSE Power index hit a 52-week high of 2,079, up 1.6 per cent.

MARKET WRAP: Sensex ends flat at 44,633; Maruti up 7%, HDFC Bank slips 2%

All that happened in the markets today

HDFC Bank dips 2% as RBI asks to halt digital launches, new credit cards

The RBI also took note of the recent outage in the bank's internet banking and payment system on November 21, 2020, due to a power failure in the primary data centre.

Godrej Properties, DLF, Sobha: What lies ahead for realty stocks?

For DLF, a "Higher High, Higher Low" formation on the weekly chart illustrates a firm trend ahead.

Steel Authority of India hits 52-week high; stock zooms 55% in one month

The company registered the best ever saleable steel Q2 production of 3.752 MT in Q2FY21 surpassing the previous best of 3.658 MT achieved during Q2FY18

SBI Cards records sharpest intra-day gain in over 4 months, surges 5%

Earlier, on July 21, 2020, the stock had gained 6.2 per cent in intra-day trade, exchange data shows.

Matrimony.com rallies 10% after block deals; stock hits fresh 52-week high

At 09:15 am, around 500,155 equity shares, representing 2.2 per cent stake of the company, changed hands via bulk deal on the BSE, exchange data show

CLSA sees 46% upside in SBI stock; raises target price to Rs 360

The recent upward revision in target price by CLSA factors in two key developments for SBI - potential upside in earnings and limited downside risks to capital adequacy

Tech view: Voda Idea hikes tariffs; what does it mean for telecom stocks?

Vodafone Idea may see a rally in the direction of Rs 15 shortly if it manages to breakout above 100-WMA.

Bharti Infratel extends gain after Airtel hikes stake through open market

The stock of the company has rallied 7 per cent in the past two trading days.

Maruti Suzuki trades higher for the 4th straight day, hits over 11-mth high

Analysts at Dolat Capital believe the increasing realisation of used cars and recovery in urban demand will aid in faster recovery of replacement demand.

Tata Chemicals surges 13% in two days after Tata Sons hikes stake

On December 2, 2020, Tata Sons purchased 1.8 million equity shares, representing 0.71 per cent equity, of Tata Chemicals at price of Rs 420.92 per share on the NSE via bulk deal

Stocks to watch: Wipro, HDFC Life, IT stocks, IndiGo, Bharti Airtel, L&T

Here's a list of stocks that may trade actively in today's session.

Three technical indicators that will help you make timely exit from a stock

Death Cross, Gap-down closing and RSI Divergence are significant indicators of trend reversal