Page 2201 - Markets News

UBL: Despite subdued Q1, growth prospects over medium term look positive

Supportive demographics and low beer penetration indicates strong growth opportunity for the beer market leader

Chris Wood sees gold price trebling from current levels to $5,500/ounce

On a year-to-date (YTD) basis, gold prices have surged 27 per cent

Max Healthcare gains on stock market debut, hits 5% upper limit

At close, the company is valued at Rs 10,108 crore; firm has been created following demerger of Max India's hospital business and subsequent merger of Radiant Life Care

Auto stocks see sharp recovery, index gains over 70% after falling in March

Domestic institutional investors have raised their weights to the sector

Unlock BFSI 2.0: Markets not running ahead of economy, say MF experts

With interest rates low and not much happening in the real estate sector, more and more people were investing in equities directly, the experts said

Sebi imposes Rs 200,000 fine on Orissa Minerals Development Corp, 2 persons

Sebi has imposed a fine of Rs 200,000 on Orissa Minerals Development Co and 2 individuals for lapses in making timely disclosures about certain price sensitive information back in 2012

Market Wrap, August 21: Here's all that happened in the markets today

On a weekly basis, Sensex gained 1.47 per cent while Nifty added 1.72 per cent

Sensex ends 214 pts higher amid broad-based buying; Asian Paints gains 4%

All that happened in the markets today

YES Bank signs deal to sell its mutual fund business; stock dips

YES Bank expects the sale to be completed within the next 8-12 months

Market share, valuation: 5 reasons why CLSA is bullish on SBI amid Covid-19

In a report dated August 20, CLSA upped the target price on the stock to Rs 310, translating into 59.2 per cent upside from Thursday's closing price on the BSE

GMM Pfaudler, IndiaMART: 70% of Nifty500 stocks trade above their 200-DMA

The stocks trading above the 200-DMA are usually in a bullish phase. Here is the complete list

Va Tech Wabag rallies 20% as Co's board to consider fundraising next week

For the quarter ended March 2020, net profit of the company came in at Rs 30.47 crore, down 25.2 per cent against Rs 40.77 crore in the year-ago period.

MPC minutes show panel's hawkish turn on inflation, sovereign bonds decline

The yield on the new 5.77% 2030 bond rose five basis points to 6%, after gaining 18 basis points in the previous two weeks

Sanofi India gains 5%, hits 52-week high; stock soars 8% so far in August

Early this week, the comany's parent firm Sanofi said it will acquire all of the outstanding shares of US-based Principia Biopharma Inc. for a total approximate aggregate equity value of $3.68 billion

V-Mart Retail gains in trade; stock advances 26% in three sessions

For the quarter ended June 2020, V-Mart reported a loss of Rs 33.64 crore as against net profit of Rs 17.60 crore in the year-ago period.

Don't see much upside in mid, smallcaps from here: Vinay Khattar, Edelweiss

Khattar remains bullish on IT, pharma, and select segments of consumption and bearish on the entire banking and NBFC space

Strides Pharma shares zoom 8% on US FDA approval for Ursodiol tablets

Ursodiol is used for treatment of patients with primary biliary cirrhosis (PBC)

Max Healthcare freezes at 5% upper circuit, debuts at Rs 112 on the BSE

In June, Max India said that the NCLT had approved the composite scheme of merger and demerger which involved a merger of the healthcare assets of Max India into Max Healthcare

Should you buy Divi's Lab, SBI Life before they enter Nifty50 in September?

Changes have been made in several indices, including Nifty 500, Nifty 200, Nifty 100 and Nifty Midcap 150

GMM Pfaudler surges 8% on acquiring majority stake in parent firm

The company expects to complete the transaction by November this year