Page 2277 - Markets News

PVR jumps 9% as its rights issue gets over-subscribed by 2.24 times

The rights issue received an application for 85.29 lakh shares, worth Rs 672 crore

Markets fixated about inflation but it is the wrong bogeyman to worry about

Voices crying about inflation and currency debasement should be treated with caution.

IndiGo surges 8% on report airline in talks to lease back 12 ATR aircraft

During the analysts' call post Q1FY21 results, Ronojoy Dutta, chief executive officer of the airline had said that the airline was working on the sale and lease back of their unencumbered assets

Here's why analysts choose IndiGo over SpiceJet for the long haul

Despite the Covid-19 pandemic, analysts say the Indian aviation sector holds promise from a long-term perspective and that the macro-economic factors remain conducive

HAL soars 6%, hits 52-week high as MoD okays acquisitions worth Rs 8,722 cr

Of the Rs 8,722 crore worth of acquisitions, bulk will go towards purchasing the first fixed wing aircraft that HAL has designed and developed in decades

JMC Projects rallies over 13% after securing orders worth Rs 1,363 crore

With our order book of over Rs 11,400 crore and L1 of Rs 1,700 crore, we remain confident to deliver profitable growth for full-year FY21, said S K Tripathi, CEO.

PSB shares in focus; Nifty PSU Bank index jumps 4%; PNB, SBI gain up to 5%

Central Bank of India, Indian Bank, Canara Bank, J&K Bank, and Indian Overseas Bank were up in the range of 1.9 and 2.7 per cent

Shriram City Union rises 4% as June quarter profit shows sequential growth

Total income on a standalone basis for the quarter ending June 30, 2020 stood at Rs 1,414.57 crore

Adani Ports gains 3% post Q1 nos; Co to raise up to Rs 3,000 crore via NCDs

The company reported a 26 per cent year-on-year (YoY) decline in its consolidated net profit at Rs 758 crore.

Stocks to watch: Aurobindo Pharma, Wipro, Ashok Leyland, Eicher Motors

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

Nifty outlook and stock pick by HDFC Sec: Buy UltraTech Cement, Sanofi

NIfty has been forming higher tops and higher bottoms on the daily charts. Nifty is placed above 20,50,100 and 200 days moving averages, indicating bullish trend on all time frames

Market Ahead, Aug 12: All you need to know before the opening bell

A total of 137 companies, including Aurobindo Pharma, Ashok Leyland, and Tata Power are scheduled to announce their June quarter results today

India's troubled shadow lenders show signs of revival on stimulus

The sound health of shadow banks is vital because they form the backbone of the Indian economy in lending to a wide range of borrowers from small merchants to business giants

Proxy firms play by new rulebook as Sebi tightens procedural guidelines

The new framework is aimed at increasing accountability, addressing conflict of interest, and establishing greater communication between proxy advisors and their clients and the company

Exchanges see mixed earnings in June quarter despite robust trading volumes

Uptick in gold, silver prices help recovery in commodity volumes

M&M's tractor sales momentum crucial for uptick from current levels

Capital allocation and auto segment volume trajectory are the other triggers

Titan: Investors advised to wait until more clarity emerges on recovery

Titan reported a 62.3 per cent year-on-year decline in revenue in Q1 at Rs 1,862 crore

Mid, small-caps likely to outperform large-caps in 2020, say analysts

The relative valuation of midcaps versus large-caps are at a historically low level, said analysts at Elara Capital.

Adani Ports & SEZ to raise up to Rs 3,000 cr via NCDs in multiple tranches

The company said its board has also given its consent for exploring and evaluating the proposal to create a platform, which will hold rail infra assets and investments in rail entities

Pharma rally may lose steam as valuations factor in near term gains

Recovery in India business, traction in new launches in the US market are needed to sustain gains