Page 2430 - Markets News

Investors may keep turning to safe stocks over uncertainity: Credit Suisse

The buys have been most concentrated over the last three years, particularly for domestic institutional buyers

Relief for textile units in Maharashtra as state govt offers power subsidy

Textile units, mostly small and medium, are struggling to raise working capital owing to weak balance sheets

Centre proposes jewellery parks on unused Special Economic Zone land

Commerce ministry to discuss proposal with FinMin

Dr Reddy's reaping benefits of domestic market focus, outperforms peers

Firm has outperformed domestic pharma market in 7 of last 8 quarters

SRF's revenue growth, margins to be driven by chemicals business

Technical textiles unit, however, could face some pressure

UTI MF files draft papers for IPO; issue size likely to be up to Rs 4000 cr

The issue size is expected to be Rs 3,000-4,000 crore, valuing the AMC at Rs 10,000-11,000 crore

Of 15 IPO stocks, 11 gave listing gains in 2019; IRCTC listed 101% higher

On average, IPO stocks listed 20 per cent higher than their issue price on a listing day

Two-thirds of FII bets slip in red; overseas investors at receiving end

On a YTD basis, FIIs have been buyers to the tune of Rs 96,414 crore in equities

Growing at double-digits, domestic air passenger traffic may dip: Icra

The domestic air passenger volume grew in double digit for five consecutive years, it said in a release

MARKET WRAP: Sensex up 115 pts on positive global cues; auto stocks rally

Sectorally, Nifty Auto closed the day as the top-performing index on the NSE, up over a per cent. On the downside, Nifty Financial Services slipped the most

UTI AMC's yet-to-be listed shares show uptick in prices, gain over 30%

Analysts say final price discovery to depend upon various factors

MARKET WRAP: Sensex up 115 pts on positive global cues; auto stocks rally

All that happened in the markets today

YES Bank declines on rating downgrade by India Ratings; rebounds later

The stock of the private sector lender slipped 3.7 per cent to Rs 45 after rating agency India Ratings and Research (Ind-Ra) downgraded its long-term issuer rating to 'IND A' from 'IND A+'

Clariant Chemicals surges 12% as board approves restructuring plan

The stock of specialty chemicals was trading at its highest level since April 4, 2019.

Avanti Feeds trades higher for sixth straight day, hits 52-week high

In the past six trading days, the share price of Avanti Feeds has appreciated 18 per cent against 3 per cent rise in the S&P BSE Sensex.

Sell-off in debt markets may be overdone; expect rebound in 2020: Analysts

Yields have climbed 25 basis points to 6.71% after the central bank's decision on Dec. 5 to hold policy combined with worries over government borrowings.

Tata Group stocks mixed after NCLAT restores Mistry as Group exec chairman

The 172-page order said the action taken by Ratan Tata and others against the former Tata Sons chairman was oppressive and illegal

NMDC hits fresh 52-week high after govt approves mining expansion plan

The stock advanced 3 per cent to trade at Rs 123 today, and has outperformed the market by surging 12 per cent in the past seven trading days, as compared to a 3 per cent rise in the S&P BSE Sensex.

Lemon Tree Hotels zooms 5% after it signs agreement to open hotel in Goa

Earlier, the hospitality firm had said that it is looking to open three more properties under its upscale Aurika Hotels and Resorts brand across the country by the end of 2021.

Tech view: Understanding double top and bottom patterns

A double bottom is formed following a single rounding bottom pattern which can also be the first sign of a potential reversal