Page 2155 - Markets News

Srikalahasthi Pipes, Electrosteel Castings dip up to 18% post nod to merger

Srikalahasthi Pipes shareholders will receive 59 equity shares of Electrosteel Castings for every 10 equity shares held in the company

UTI AMC IPO: Check your allotment status here

UTI AMC IPO was subscribed 2.3 times, that is, it received bids for 6.31 crore equity shares as compared to the issue size of 2.73 crore shares

HDFC, HDFC Bank, HDFC AMC: Here's how to trade HDFC group stocks?

Shares of HDFC group have been on a roll since the past few sessions. On Tuesday, too, the HDFC twins were leading the charge among the S&P BSE Sensex scrips, with HDFC rising over 6 per cent

M&M shares gain 4% as bookings for All-New Thar SUV cross 9,000 mark

Motilal Oswal Securities believes the new 'Thar' has the capability to lure fan base customers.

Sobha leaps 14% as Q2 sales volume jumps 37% QoQ; stk up 77% so far in FY21

Price realization of Rs 7,737/square feet achieved during Q2FY21 is the highest price realization achieved by the company as compared to past 5 quarters

Paint stocks in focus; Asian Paints, Berger Paints hit record highs

In the past three months, Asian Paints (up 22 per cent) and Berger Paints (up 19 per cent) outpaced the benchmark index, which gained 8 per cent during the same period

TCS Q2 preview: Ebit margin to see sharp expansion; buyback details eyed

According to analysts, the IT sector witnessed a good pick-up in demand for digital solutions resulting in improvement in the growth outlook for most of the companies.

Tata Motors jumps 7% as JLR's Q2 sales grow 53% QoQ; CLSA maintains 'Buy'

global brokerage CLSA expects Tata Motors to generate strong free cash flow on the back of sequential recovery in sales volume. The brokerage has 'Buy' call on the stock with a target price of Rs 220

Infibeam Avenues shares hit 5% upper circuit on pact with Jio Platforms

The company has entered into a definitive agreement with Jio Platforms and its affiliates to license, customise, maintain and access enterprise e-commerce software and payments platform.

HDFC gains 5% on improvement in business volumes in September quarter

The quarter witnessed a strong recovery with individual loan disbursements reaching 95 per cent of pre-Covid levels

Majesco freezes at 5% upper circuit, hits record high on buyback plan

The company said it has scheduled a meeting on Thursday, October 8, 2020 to consider a buyback proposal.

Stocks to watch: Majesco, HDFC Bank, HDFC, CreditAccess Grameen, Infibeam

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

Wall Street gains as Trump to leave hospital, investors hope for stimulus

The S&P 500 posted 29 new 52-week highs and no new lows; the Nasdaq Composite recorded 112 new highs and 16 new lows

'Enthusiasm over recent IPOs reflects excess liquidity, improved sentiment'

Investors should focus on the company prospects, its fundamentals and valuations and not be concerned with primary or secondary issue, says Poonam Tandon of IndiaFirst Life

Stock calls by Nilesh Jain of Anand Rathi: Buy Bharat Forge, L&T Infotech

The stock of Bharat Forge has formed a strong base and has started making a higher top and higher bottom formation on the daily chart

Market Ahead, October 6: All you need to know before the opening bell

Tata Motors might trade actively today after Jaguar Land Rover reported a 50 per cent growth in September quarter sales at 1.13 lakh vehicles on a sequential basis

How faster deposit growth could become counterproductive for banks

Should deposit growth continue to outpace credit growth, banks may end up ceding some hard-earned 25-50 bps improvement in profitability or net interest margin gained in the past two years

Karnataka High Court defers judgement on Franklin Templeton case

The asset manager said last week that its six shut schemes had received Rs 8,262 crore from maturities, pre-payments and coupon payments after closing down in April

TCS buyback to boost cash utilisation, return on equity by 150-200 bps

Near term price trajectory depends on buyback premium, Q2 show

Sebi comes out with uniform time period for listing of securities

The timeline will be applicable for non-convertible redeemable preference shares, debt securities, securitised debt instruments, security receipts, and municipal bonds, said Sebi in a circular