Page 2196 - Markets News

JK Tyre, CEAT: How to trade auto ancillary stocks post August sales nos

With the "higher high, higher low" formation on the daily chart, Amara Raja Batteries is gradually rising with the support of 50-day moving average (DMA).

ONGC gains 3% post June quarter earnings; should you buy, sell or hold?

Standalone gross revenue came in at Rs 13,011 crore, down 51 per cent YoY from Rs 26,555 crore posted in Q1FY20

Bajaj Auto dips over 3% after reporting 9% YoY fall in August sales

Total two-wheeler sales declined 1 per cent to 3,21,058 units as against 3,25,300 units in August 2019

HSBC values Info Edge's stake in Zomato at $1.1 billion; stock jumps 5%

HSBC Global Research, in its recent report, valued food delivery firm Zomato at $5 billion, a major increase from its earlier valuation of $3.5 billion

Adani Group shares rally; Adani Green, Adani Gas, Adani Ent gain over 6%

Adani Ports and Special Economic Zone, Adani Power, and Adani Transmission were up in the range of 1 per cent to 3 per cent.

CG Power up 5% on additional Rs 100 crore investment by Tube Investments

The proposed investment is in addition to Rs 700 crore approved for investment in the equity shares and share warrants of CG Power by TII

SBI Life rises 3% after Motilal Oswal initiates coverage with 'Buy' rating

The brokerage expects the company to maintain its cost leadership with GWP remaining at nearly 10 per cent over FY23E.

Bharti Airtel rallies 9% in two days after SC's verdict on AGR dues

Motilal Oswal Securities believes that with the Smartphone market largely settled and prevailing low ARPUs, there is a strong case for a price hike

IndiaMART InterMESH hits fresh record high, surges 98% in 2 months

With small and large businesses increasingly adopting digital means to support business growth, the management foresees a higher demand for B2B online classifieds.

Maruti, Tata Motors: Auto stocks likely to gain as August sales improve

Despatches at India's top two carmakers - Maruti Suzuki India (MSIL) and Hyundai Motor India (HMIL) - zipped past not only the pre-Covid phase

VST Tillers rallies 7%, hits 52-week high on strong sales in August

The company sold 2,638 power tillers in August 2020 as against 1,437 in August 2019

Vodafone Idea shares zoom 14% as board to consider fundraising

The company's board of directors is scheduled to meet on September 4, 2020 to consider and evaluate any and all proposals for raising of funds in one or more tranches

Adani Green Energy in focus; shares advance 7% to hit a fresh record high

Adani's renewable energy portfolio exceeds the total capacity installed by the entire United States solar industry in 2019.

Coal India gains 2.5% after it records first output growth in 2020-21

The state-owned company said that coal off-take increased 9.3 per cent at 44.34 MT in last month compared to the same period a year ago

Stocks to watch: Financials, Infosys, Voda Idea, ONGC, CIL, TVS Motor

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

Siemens' decision on sale of mechanical drives business attracts criticism

Company says segment had low profitability

Market Ahead, September 2: Top factors that could guide markets today

The Supreme Court will today hear and decide on a bunch of petitions demanding waiver of interest during the moratorium period

Nifty may resume downtrend if it breaks below 11,350: HDFC Securities

The recent high of 11,794 would continue to act as strong resistance for the Nifty

Pick-up in biosimilar launches driving Biocon's prospects; stock rises 7.8%

As US launch of Insulin addresses a large market, improved visibility for more launches will keep sentiment elevated

RBI intent to check yields, bat for stronger rupee sparks bond market rally

Rupee closes at 72.87 a dollar, up 1.03% from previous close of 73.62. The 10-year bond yields shed 18 bps to close at 5.942 per cent from previous close of 6.117 per cent