Page 2329 - Markets News

Defence stocks rally as MoD approves military purchases worth Rs 38,900 cr

Bharat Dynamics hit a 52-week high of Rs 374, up 12 per cent on the BSE

Opto Circuits locked in 5% lower circuit after zooming 1250% in 66 days

The stock is trading under Trade to Trade (T2T) segment or 'T' group

Lakshmi Vilas Bank gains 5% on report Clermont Group eyes stake purchase

With an investment of $150-200 million (Rs 1,100-1,500 crore), Clermont is eyeing a 15-20 per cent stake in Lakshmi Vilas Bank

Private trains by 2023. Here are trading strategies for rail-related stocks

Rail-related stocks are back in focus after Indian Railway said that India is likely to see its first privately operated train running by April 2023

Insurance stks gain; HDFC Life adds 5% on Nifty50 inclusion, SBI Life up 2%

HDFC Life Insurance Company will replace Anil Agarwal-controlled Vedanta in the benchmark index with effect from July 31.

Motherson Sumi slips 9% after board approves group restructuring plan

Promoter entity SAMIL would be merged into MSSL

Stocks to watch: RIL, HDFC Life, Motherson Sumi, JB Chemicals, Divi's Lab

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

JB Chemicals gains 4%, nears 52-wk high as PE firm KKR to acquire 54% stake

After this transaction, an open offer will be launched to acquire 20.93 million fully paid-up equity shares of JB Chemicals, representing 26 per cent of equity.

Cadila gains 5% on DGCI nod for clinical trials of Covid-19 vaccine

The company has completed preclinical development and plans to begin the trials in July 2020

RIL gains 1% as Intel Capital to invest Rs 1,894 crore in Jio Platforms

This will be the twelfth international deal for Reliance's digital arm in less than three months, taking the total investment amount to Rs 117,588.45 crore.

Market Ahead, July 3: All you need to know before the opening bell

On the results front, a total of 18 companies including Indiabulls Housing Finance are scheduled to announce their results today

Nifty may face resistance at 10,650 level, says Nilesh Jain of Anand Rathi

The NIFTY index completed its 61.8 per cent Fibonacci retracement of the entire recent fall from the top, which is coming around 10,552 levels.

Indices reach 4-month high on Covid-19 vaccine hopes; Sensex up 429 points

Experts said the markets also cheered signs of recovery in jobs and manufacturing after the economy reopened in June after a prolonged lockdown

Crompton Consumer's fortunes may light up as Covid-19 lockdown eases

In Q4, the profit margin maintained a strong trajectory, improving sequentially due to cost control and a superior sales-mix

OPEC basket oil price rises above $40 for first time in 4 months

The basket price stood at $42.66/bbl on July 1, almost 12% higher than the previous day, and the highest since March 3, the data showed

Sebi fines Divi's Laboratories CFO L Kishore Babu for insider trading

It said Divi's had made an announcement on July 10, 2017, during market hours that the US FDA would lift import alert 99-32 on the company's unit-II at Visakhapatnam

ONGC, Oil India stocks rise: Post rally investors need to exercise caution

With the muted outlook for crude oil realisations and volumes, FY21 earnings may take a hit

Bad news for financiers: CVs in for a long haul, may be last to recover

Lower fleet utilisation, weak cash flows keep NBFCs under pressure

Uptick in annuity cash flows key for Prestige Estates projects

Weak residential sales, low hotel occupancy add to worries

Birla Sun Life Mutual Fund schemes see uptick post IL&FS SPV upgrade

Care Ratings upgraded debt papers of the firm to 'C'