Page 2428 - Markets News

Market Wrap, Dec 23: Sensex slips 39 pts; Reliance Ind decline nearly 2%

On the sectoral front, Nifty PSU Bank index slumped the most, down 1.29 per cent, while Nifty Realty and FMCG indices, each, closed nearly 0.5 per cent lower

MARKET WRAP: Sensex slips 39 pts; Reliance Ind, SBI decline nearly 2%

All that happened in the markets today

Adani Green locked in 5% upper circuit; stock hits fresh record high

In the past three months, the stock has zoomed 173 per cent from the level of Rs 52 on the BSE

Crisil extends gain, hits 52-wk high on acquisition of Greenwich Associates

The stock was up 7% to Rs 1,921 on Monday, rallied 27% in past one month, as compared to 3% rise in the S&P BSE Sensex.

Lux Industries falls 7% after over 4% equity changes hands via block deals

Around 1.09 million equity shares, representing 4.31 per cent of total equity, of Lux Industries changed hands via two block deals on the BSE

KEC International gains 3% on winning new orders worth Rs 1,520 crore

Its urban transport business has secured an order of Rs 964 crore for the construction of an elevated viaduct along with eight stations of the Delhi Metro Phase IV project

BASF India surges 6% as Lone Star to acquire parent firm's chemical biz

In India, BASF's Construction Chemical business, which forms part of the Surface Technologies segment, has generated sales of Rs 484 crore for the year ended 31st March, 2019.

RIL slips nearly 3% as govt seeks to block $15 bn Saudi Aramco deal

In a counter affidavit, it said it was a 'falsehood' that the arbitration tribunal had passed an award requiring the company and its partners to pay $3.5 billion to the government

Stocks to watch: Titan, Tata Motors, Nestle, YES Bank, RIL, IT firms, GAIL

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

Market Ahead, December 23: Top factors that could guide markets this week

From today, Tata Motors, Tata Motors DVR, Yes Bank, and Vedanta will be dropped from the BSE's benchmark Sensex. They will be replaced by UltraTech Cement, Titan, and Nestle India

Nifty Outlook and top trading ideas by CapitalVia Global Research Limited

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

Top two trading ideas by Prabhudas Lilladher: Buy Marico, M&M Finance

Market at this level will witness stock specific movement with trend of all periodicities continuing to be positive

Broader market telling a different story from Sensex, Nifty: Shankar Sharma

Shankar Sharma tells Puneet Wadhwa in an interview that Sensex and Nifty are not representative of the entire market

DIIs gain sway in market movement, rating agencies review firms, and more

DII holding in the BSE500 universe stood at a record high of 14.4 per cent at the end of the September quarter, according to a note by Credit Suisse

Commodity picks: December 23, 2019

Wheat prices in Indore are trading at Rs 2,225 per quintal, Soy oil is trading at Rs 883 per 10 kilograms in the Indore market

Eight of 10 most-valued firms add Rs 1.13 trillion in m-cap; TCS leads

The m-cap of Tata Consultancy Services (TCS) surged Rs 56,604.72 crore

Small- and mid-cap companies eye buybacks to shore up valuations

According to investment bankers, these companies are looking to buy back shares to shore up the share prices by reducing the outstanding free float available in the market

Lemon Tree's new acquisitions in India and abroad help post strong growth

Among the triggers expected to boost sales are demand uptick and room additions

Slowdown in SME sector can hurt mid-sized private banks, be selective

RBL, Federal and City Union appear better-placed to handle the potential SME loans-related woes; investors should be cautious on DCB and Karur Vysya

PFRDA seeks systematic withdrawal in NPS, tax only on interest component

According to people in the know, the PFRDA is expecting some of these changes to be introduced by the Centre in the upcoming Budget itself