Page 2369 - Markets News

IPO market forecast remains moribund despite market regulator's concessions

Last month, Sebi decided to extend the validity by six-month for IPOs whose validity expire between March 1 and September 30.

Alok Industries freezes at 5% lower circuit after huge block deals

As of March 2020, the promoters held 6.15 per cent stake in Alok Industries

UPL, Coromandel Intl, Rallis India: Fresh overhang for agrochem majors

Analysts say, chemicals being considered for ban form significant part of the portfolio, both exports and domestic sales, of many players

Market Wrap, May 26: Here's all that happened in the markets today

Sensex slipped 477 points from day's high to settle at 30,609.30, down 63 points

ITC shares gain 5% as Co to acquire spices major Sunrise Foods for Rs 2K cr

The proposed acquisition is aligned with ITC's strategy to rapidly scale up its FMCG businesses in a profitable manner, the company said.

Sensex slips 477 pts from day's high, ends 63 pts lower; IT stocks decline

All that happened in the markets today

Astec Life hits 52-wk high as ICRA reaffirms ratings, zooms 84% in 1 month

The domestic agrochemical industry has benefitted from the global supply-chain disruptions caused by the tightened environment regulations in China.

HDFC advances over 3% as Q4 nos beat Street expectations, pares gains later

The mortage lender on Monday reported a 22 per cent decline in net profit at Rs 2,233 crore in the fourth quarter, compared to Rs 2,862 crore in the year-ago period.

Cement shares rally on gradual pick-up in demand; Birla Corp surges 11%

After the demand disruption caused by the nation-wide lockdown, there has been a recovery in demand in the rural areas, primarily driven by pre-monsoon work.

Metal stocks shine amid strong global cues; JSPL, JSW Steel jump up to 10%

On the earnings front, Jindal Steel and Power (JSPL) on Monday reported a consolidated net profit of Rs 305.62 crore during the quarter ended March 31, 2020.

GMM Pfaudler dips 14% on profit booking post March quarter results

The stock had rallied 95 per cent in the past two months

ITC, HDFC, Airtel, Avenue Supermarts: Trading strategies for stocks in news

Here is how you can trade in these news-driven counters and maximise your gain

Bayer CropScience surges 10% on strong Q4 results; stock nears record high

The stock is trading close to its all-time high level of Rs 5,050, hit in intra-day deal on the BSE on June 2, 2017

Bharti Airtel slips 5% after promoters sell 2.75% stake via block deals

At 09:15 am; around 155.71 million equity shares representing 2.85 per cent of total equity of Bharti Airtel changed hands on the BSE, the exchange data show.

Avenue Supermarts declines 5% as Q4 EBITDA margin contracts 68 bps YoY

Analysts at Prabhudas Lilladhar believe D-Mart has higher weakness risk in 1HFY21 given that Covid-19 sensitive clusters of Maharashtra, Gujarat and Telangana constitute 63 per cent of total stores

Stocks to watch: Avenue Supermarts, Bharti Airtel, IDFC First Bk, HDFC, ITC

Here's a look at the stocks that may trade actively in today's trading session

Market Ahead, May 26: Top factors that could guide markets this week

Corporate results will continue to pour in throughout the week. Investors will first react to HDFC's and other results that were announced over the weekend

HDFC Bank, ICICI Bank: Bank stocks look weak on technical charts. Stay away

A gap down close after touching 100-DMA indicates selling pressure in HDFC Bank. he counter has consistently failed to conquer 100-DMA as gap-down close has forced prices to correct even further.

Why ITC's Sunrise Foods deal is positive but unlikely to push up valuation

While the deal offers distribution and sourcing synergies, pressure on dominant cigarette business remains

Wealth managers advise clients to invest in US-oriented offshore products

International funds delivered 6.8% returns in one year, against large drawdowns in domestic funds