Page 2262 - Markets News
Allcargo shares shed nearly 4% as delisting floor price disappoints
The company on Saturday announced that its promoters have set the floor price at Rs 92.58, which is 19% lower than the firm's last closing price of Rs 114.5 on Monday
 "Allcargo shares shed nearly 4% as delisting floor price disappoints")
Sebi orders impounding of over Rs 1.38 crore in Tara Jewels case
Markets regulator Sebi has ordered impounding of more than Rs 1.38 crore from Tara Jewels chief Rajeev Vasant Sheth and his daughters for indulging in insider trading in the company's share
 "Sebi orders impounding of over Rs 1.38 crore in Tara Jewels case")
Market Wrap, Sept 7: Here's all that happened in the markets today
Among sectoral indices on the NSE, the Nifty Auto index fell nearly 0.5 per cent to 7,958 levels while Nifty Bank settled at 22,945, down 0.3 per cent
 "Market Wrap, Sept 7: Here's all that happened in the markets today")
Marico, Tata Motors: 5 Nifty50 stocks that can do well in a weak market
Here are contrarian trading strategies at a time when the overall markets are showing signs of weakness
MARKET WRAP: Indices end flat, Sensex up 60 pts; ITC, TCS rise nearly 2%
All that happened in the markets today
 "MARKET WRAP: Indices end flat, Sensex up 60 pts; ITC, TCS rise nearly 2%")
SpiceJet slips 2.5% after Delhi HC order on share transfer row with K Maran
The Delhi High Court has asked the airline to deposit an additional Rs 243 crore in connection with a share-transfer dispute with ex-promoter Kalanithi Maran, owner of Sun group
 "SpiceJet slips 2.5% after Delhi HC order on share transfer row with K Maran")
AstraZeneca Pharma hits fresh record high of Rs 4,489; stock surges 15%
The stock of the company was trading higher for the fifth straight day, surging 26 per cent during the period.
 "AstraZeneca Pharma hits fresh record high of Rs 4,489; stock surges 15%")
Lakshmi Vilas Bank shares gain nearly 5% on foreign shareholding limit
Shares of LVB gained nearly 5% in early trade after the lender said it plans to raise up to Rs 1,500 crore to fund business growth and increase foreign shareholding to up to 74%
 "Lakshmi Vilas Bank shares gain nearly 5% on foreign shareholding limit")
Future Retail hits lower circuit for fifth straight day, slips 34% in 1 wk
The company reported a consolidated net loss of Rs 478 crore in March 2020 quarter against a profit of Rs 203 crore in year-ago period.
 "Future Retail hits lower circuit for fifth straight day, slips 34% in 1 wk")
BofA Securities bets on RIL's 'layer of commerce', maintains 'BUY'
RIL's approach of owning the "pipe" as well as the "services" offered on the pipe should help it keep the subscriber base captive, the brokerage says.
 "BofA Securities bets on RIL's 'layer of commerce', maintains 'BUY'")
Voda Idea gains 10% on board nod to raise Rs 25,000 crore via shares, debt
Meanwhile, the telecom major has also unveiled new brand identity 'Vi'
 "Voda Idea gains 10% on board nod to raise Rs 25,000 crore via shares, debt")
VST Tillers rallies 18% in 5 days on strong power tillers sales in August
Analysts remain bullish on VST given the sweet spot of robust demand prospects, import restrictions in power tiller segment and steady improvement in margin profile
 "VST Tillers rallies 18% in 5 days on strong power tillers sales in August")
Analysts positive on Jubilant Life despite 52% dip in Q1 profit; here's why
Barring unforeseen circumstances, the management expects strong performance in their Pharma, Life Science Ingredients, and Drug Discovery and Development Solutions business
 "Analysts positive on Jubilant Life despite 52% dip in Q1 profit; here's why")
Tata Motors DVR surges 11% after Tata Sons buys additional shares
As of June 30, 2020, Tata Sons held 5.26 per cent stake in Tata Motors DVR
 "Tata Motors DVR surges 11% after Tata Sons buys additional shares")
Sterling & Wilson up 6% on order wins worth Rs 1,600 crore in Australia
The company, along with its branch and Australian subsidiary, has bagged two large scale solar projects
 "Sterling & Wilson up 6% on order wins worth Rs 1,600 crore in Australia")
Stocks to watch: Voda Idea, PVR, LVB, Jubilant Life Sciences, NALCO, BPCL
Here's a list of stocks that may trade actively in today's session.
Market Ahead, September 7: Top factors that could guide markets this week
Market participants would also keenly follow the case of extending the loan moratorium. Besides, investors would also watch out for July industrial and manufacturing production data
 "Market Ahead, September 7: Top factors that could guide markets this week")
More pain in store? Reality check for stock markets after a dream run
On Friday, equities posted their biggest weekly drop since May, with the benchmark Sensex and Nifty dropping nearly 3 per cent amid a sharp sell-off in technology stocks in the US
 "More pain in store? Reality check for stock markets after a dream run")
Sebi's new margin norm may nudge trading towards buy-and-hold investing
Some of these changes came into effect from September 1, while the others will be rolled out gradually
 "Sebi's new margin norm may nudge trading towards buy-and-hold investing")
Volume gains, recovery in PV segment could drive rerating of M&M stock
New product launches, better capital allocation and valuations are the other triggers
 "Volume gains, recovery in PV segment could drive rerating of M&M stock")