Page 2231 - Markets News

RIL market valuation crosses Rs 14 trillion-mark; stock hits new high

Reliance Industries' market valuation crossed Rs 14 lakh crore-mark on Friday as its stock rallied over 4% to scale its fresh peak

Syngene International rallies 13% in two days; stock nears record high

ICICI Securities expects Syngene's revenues to be back on track as the company is currently operating at 90 per cent capacity.

NIIT Tech, Trent: 10 stocks that look bullish on moving average indicator

The most widely used, the 200 DMA, is a technical indicator used to analyse and identify long term trends

INEOS Styrolution tanks 20% as promoter rejects delisting discovery price

The promoter rejected the discovered price of Rs 1,100 for the proposed voluntarily delisting of shares

Mphasis rallies 9% on in-line June quarter earnings, new deal win

Signing of new deal worth $216 million deal in July 2020, in addition to the Q1 TCV declared wins worth $259 million also boosted sentiment

Asian Paints shares slip 2% ahead of Q1FY21 result; here's what to expect

June performed better than May as things began to normalise; however production levels are back to only 60-70 per cent, analysts note.

Sun Pharma up 4% as US arm's Taro Pharma resolves antitrust investigation

Taro Pharma has reached a settlement agreement with the US Department of Justice, Antitrust and Civil divisions to pay more than $200 million to settle the generic drug price fixing allegations

PNC Infratech jumps 9% after bagging two EPC projects worth Rs 1,548 crore

The bids for these contracts were submitted in January this year and opened in March.

Economic recovery in India hinges on moratorium duration: Chris Wood

Wood suggests that moratorium could trigger a consumer lending non-performing loans (NPL) cycle

Stocks to watch: RIL, Asian Paints, ITC, Biocon, Wipro, Mphasis, Lupin

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

Market Ahead, July 24: All you need to know before the opening bell

Today, a total of 71 companies including ITC, Asian Paints, and Ambuja Cements are scheduled to announce their quarterly results

ICICI Bank Q1 PAT may jump 60% YoY on stake sale in insurance arms: Experts

A more optimistic estimate by analysts at Nirmal Bang Institutional Equities pegs the profit at Rs 4,016.4 crore, up a whopping 110.5 per cent YoY and 228.8 per cent QoQ

Earnings visibility poor for next few quarters: Dy CIO of Nippon India MF

In a Q&A, Sailesh Raj Bhan says mid and small-caps look attractive from a 3-5 year perspective; bets on two-wheelers, pharma, telecom, utilities

SBI Cards stock sees investor interest revival on hopes of faster recovery

While Q2 will reflect the real asset quality picture, focus on non-discretionary spends, strong customer sourcing support to aid business

IRDAI approval must for sale, pledge of over 5% equity in insurance company

IRDAI said any transfer of shares beyond the stipulated threshold limits without the prior approval of the authority will attract appropriate regulatory and legal action

Sebi allows OFS, rights entitlement transactions during trading window

Under market norms, listed companies need to use a trading window to monitor transactions by designated persons in a bid to prevent insider trading

Market Wrap, July 23: Here's all that happened in the markets today

The S&P BSE Sensex surged 269 points or 0.71 per cent to settle at 38,140 levels while NSE's Nifty ended at 11,215, up 83 points

Sensex ends 269 pts up, Nifty tops 11,200; RIL m-cap crosses Rs 13.5 trn

All that happened in the markets today

RIL market-cap crosses Rs 13.5-trillion as stock hits new high

In the last one week, the stock of RIL has outperformed the market by surging 12 per cent, as compared to nearly 5 per cent rise in the S&P BSE Sensex.

ITC Q1 preview: FMCG segment to cushion overall nos; PAT may dip 30% YoY

Impact of the lockdown of manufacturing facilities, cigarette inventory levels, guidance on price and volume, and alternate distribution channels are among the key monitorables