Page 2161 - Markets News

Market Wrap, Sept 30: Here's all that happened in the markets today

BSE Sensex settled 95 points, or 0.25 per cent higher at 38,068 levels, while the Nifty50 index ended at 11,226.5 levels, up 4 points

MARKET WRAP: Sensex gains 95 pts, Nifty ends at 11,227; FMCG stocks advance

All that happened in the markets today

Ramco Systems freezes at 5% upper circuit on order win from logistics major

The stock of the IT consulting & software company was trading at its fresh 52-week high.

Advanced Enzyme extends rally, zooms 45% in 1 week after FPI hikes stake

Advanced Vital Enzymes Private Limited, the promoter of the company, had sold 3 million equity shares or 2.69 per cent stake at price of Rs 265 per share on the NSE on September 24

BPCL, HPCL, IOC: Here's how to trade oil-marketing companies' stocks

BPCL, HPCL, and IOC have corrected up to 22 per cent since their highs of July.

BPCL tanks 6% as govt extends deadline to submit EoI to November 16

According to a Reuters report, Rosneft and Saudi Aramco are unlikely to bid in the privatisation of the state-owned refiner

Lakshmi Vilas Bank slips 5% amid concerns over Clix Capital deal

The RBI is learnt to have told state-owned Punjab National Bank to get ready to take over LVB in case the beleaguered lender's proposed transaction with Clix Capital does not materialise.

KPIT Tech rallies 30% in 2 weeks, hits record high as promoters hike stake

As per the management's initial assessment, there will be significant impact in H1 of FY2021 while recovery is expected to commence from Q3FY21

VA Tech Wabag soars 7% on allotment of 5 mn shares to Rekha Jhunjhunwala

The board also allotted 1.5 million shares to Basera Home Finance, and 1 million shares to Sushma Anand Jain and Anand Jaikumar Jain on preferential basis

Welspun Corp hits 5% upper circuit on receiving orders worth Rs 1,400 crore

With these orders, the company's order book stands at 755 KMT valued at approximately Rs 6,300 crore, the company said.

RIL gains 1% as General Atlantic to invest Rs 3,675 cr in Reliance Retail

General Atlantic's investment will translate into a 0.84 per cent equity stake in RRVL. The deal values Reliance Retail at a pre-money equity value of Rs 4.285 trillion

Hind Zinc may use NCD funds as dividends to help Vedanta delist: analysts

Firm raises Rs 3,520 cr despite firm being cash surplus; It cannot use the proceeds directly for parent company

Stocks to watch: RIL, LVB, Indiabulls Housing Finance, PVR Ltd, IT stocks

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

Market Ahead, September 30: Top factors that could guide markets today

Reliance Industries might again be in focus after media reports said that Abu Dhabi state fund Mubadala Investment is in advanced talks to invest up to $1 billion in the company's retail division

Chemcon Speciality Chemicals, CAMS IPO: Check allotment status here

CAMS's IPO, the biggest in FY21 so far and worth Rs 2,242 crore, was subscribed 47 times while Chemcon IPO was subscribed 149 times

Sebi extends special dispensations given to firms wanting to go public

The regulator has said the validity of Sebi observations for initial public offerings (IPOs) expiring between October 1, 2020 and March 31,2021 will be extended till March 31, 2021

Explained: The story behind the Apple versus Fortnite App Store battle

The court case involving Apple and Epic Games, the maker of the video game Fortnite, is the result of the gamemaker's rebellion against rules and fees set by Apple

How Lakshmi Vilas Bank eroded its wealth amid controversy and losses

How did a profitable bank founded to serve small businesses in 1926 by a group of businessmen from the Vysya community - a trader caste based in southern and central India - come to this pass?

Singapore topples Mauritius in FPI race aided by growth in equity assets

String of regulatory setbacks have hurt Mauritius in the past two years

Sebi imposes a penalty of Rs 1-crore on Brickwork Rating India

Sebi and RBI had conducted a joint inspection, where they found lapses