Page 2240 - Markets News

This pharma stock zooms over 100% in 18 trading days

The stock hit a new high of Rs 723 during the day, up 16 per cent.

YES Bank slips 9% after fixing FPO floor price at Rs 12 per share

YES Bank is planning to raise Rs 15,000-crore through the FPO

PI Industries hits record high on successful QIP issue; surges 8% in 2 days

Mutual Funds increased stake by more than four percentage points to 21.19 per cent in PI Industries, while FPIs hiked their holdings by nearly two percentage points to 13.82 per cent in June quarter

NSE to accept gold bars produced by Indian refiners for settlement

Leading stock exchange NSE on Friday said it willaccept gold bars produced by the domestic refiners for settlement of the gold futures contracts traded on its platform.

Voda Idea shrugs off rental default report, recovers 12% from day's low

Vodafone Idea has been facing a financial crunch since the Supreme Court ordered it to pay Rs 54,000 crore as AGR to the government

PMS schemes gain in June; 70% beat Nifty over one year, shows data

For the quarter, about a third of the schemes managed to beat the benchmark index

Dollar peg is critical to Hong Kong amid threats from US, China worries

The HKD is pegged in a narrow range of 7.75-7.85 to the US dollar. The Hong Kong Monetary Authority (HKMA) buys and sells the currency at either limit to maintain the range

Firstsource Solutions up 10% as Rakesh Jhunjhunwala increases stake in Q1

After reducing stake in the previous three consecutive quarters, Rakesh Jhunjhunwala increased his stake in the company to nearly 3 percentage points.

Metal stocks can outperform the market. Here are a few trading strategies

Despite the fall in the Nifty Metal index on Friday, there still are some stock-specific opportunities which you can capitalise on. Here are a few trading ideas.

Pharma shares gain; Biocon, Granules hit record highs, Sun Pharma up 3%

At 10:27 am, Nifty Pharma index was up 1.5 per cent, as compared to 0.22 per cent decline in the benchmark Nifty50 index

PNB reports fraud of Rs 3,688.58 cr in DHFL account; stock slumps 7%

Shares of DHFL, meanwhile, tanked 4.8 per cent in the intra-day trade to hit a day's low of Rs 14.9 apiece on the BSE

Insurance stocks in focus; SBI Life, HDFC Life up 4%; ICICI Pru slips 3%

The NBP of life insurance companies contracted 10.46 per cent YoY in June as compared to decline 32.6 per cent and 25.4 per cent in April and May, respectively

Stocks to watch: TCS, Tata Power, Adani Power, Tata Motors, PNB, Voda Idea

Here's a look at the top stocks that may remain in focus today

Market Ahead, July 10: All you need to know before the opening bell

The June quarter results of TCS will be a major focus for the Indian markets today which is also likely to decide how the rest of the IT space trades throughout the session

Either sell or advise, Sebi says investment advisors can't do both

SEBI has stipulated segregation of services. At present, advisers carry out both advisory and distribution services and there is no segregation.

Global liquidity has lent support to deal-making, says Raj Balakrishnan

There is a 'gush of liquidity' around the world, including India after the US Federal Reserve opened the tap, says Raj Balakrishnan.

Farm organisations need better market linkage for returns, says report

These issues have assumed greater importance after the government allowed farmers to directly sell their produce to processors and traders

FPO set for comeback as fund raising tool with Yes Bank's mega offering

The last successful FPO to hit the domestic market was in 2014 by Engineers India. Apart from that, only three others have successfully launched an FPO

As AMC equity flows taper, investors urged to wait till situation improves

Analysts expect a YoY fall of 12-20% in revenue, and 7-10% in operating profit in the June quarter

Godrej Agrovet: Good prospects, but investors should look at stock on dips

Valuation, however, limits upside in the near term