Page 2261 - Markets News

Nifty IT index hits record high on swift recovery hope; TCS hits new peak

TCS, Infosys, Wipro, Larsen & Toubro Infotech, Coforge and HCL Technologies from Nifty IT index were up in the range of 2 per cent to 4 per cent on the NSE

Bond traders in India on edge again amid conflicting signals from RBI

The RBI also said it would inject one trillion rupees via 56-day repo operations while offering to take back longer duration one- and three-year cash

Amber Enterprises rallies 9%, hits record high after launching QIP issue

The company's board has approved QIP issue at a floor price of Rs 1,798.72 per share.

Manappuram Finance, Federal Bank: 5 financial stks that look weak on charts

A recent gap down below 23,450 has dampened the upside bias in Nifty Bank.

Kamath committee: Analysts applaud criteria, but fear not all may benefit

Analysts remain skeptical of the timeline to implement the restructuring guidelines and the number of companies that may meet the eligibility criteria

IRCTC gains 7% in 2 days as Railways to operate additional special trains

As per media reports, the government is planning to sell 15-20 per cent in IRCTC via offer for sale.

Info Edge up 3% after Q1FY21 results; Axis Capital maintains 'ADD'

Axis Capital expects to see the company's gradual recovery from Q3FY21

Ashoka Buildcon surges 8% after Co emerges lowest bidder for NHAI projects

The company has emerged as the lowest bidder for two National Highways Authority of India (NHAI) projects with an aggregate quoted value of Rs 1,390 crore in Bihar under Bharatmala Pariyojana.

Dixon Technologies hits record high, crosses Rs 10,000-crore in m-cap

The stock has rallied 208 per cent from its March low of Rs 2,900

Bharat Dynamics slips 14% as government's stake sale via OFS begins

The government is planning to sell 15 per cent stake in the defence company

Stocks to watch: Banks, RIL, Vodafone Idea, IRCTC, Bharat Dynamics, Wipro

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

Page Industries: Muted earnings visibility, high valuation hurt sentiment

Muted earnings visibility is a key reason for the stock's decline

Market Ahead, September 8: All you need to know before the opening bell

The government is planning to sell 15 per cent stake in defence company Bharat Dynamics through an offer for sale today and tomorrow

Nifty outlook and stock picks by Nilesh Jain of Anand Rathi: Buy IRCTC, TCS

The momentum indicators and oscillators are very well in the buy mode on daily as well as weekly scales which hints of a further positive momentum in TCS

Oil price falls after Saudi cuts rates amid demand uncertainty

West Texas Intermediate US crude skidded 59 cents, or 1.5 per cent, to $39.18 per barrel after hitting $38.55, its lowest since July 10

Demand recovery, resumption of ops to offset weak Q1 for Jubilant Life

Growth pickup and lower debt could improve its valuations

'Next trigger for market has to be related to economy opening up'

Arora believes the next few triggers for the markets have to be related to opening up the economy and the strength or otherwise of the underlying recovery

Happiest Minds IPO subscribed nearly 3 times on first day of issue

Digital IT services company, promoted by former MindTree chairman, works in cloud services, SaaS, analytics.

Rising bond yield could alter risk-reward play, scupper stock market rally

The "risk-free" yield on 10-yr g-sec is a threshold for investors. If its softens, investors get into riskier assets like equities. If it hardens, they settle for attractive risk-free rate on offer

Market regulator's new margin norms may give boost to dabba trading

New margin norms may spur a parallel market where trades are done on exchanges but settled off-market