Page 2433 - Markets News

Aluminium scrap imports up 6.5% despite 13% slump in auto production

Industry claims imports made in auto sector's name being diverted to other areas such as electrical transmission and utensils

Market Wrap, Dec 17: Sensex up 413 pts, Nifty tops 12,150; Metal index up

Select heavyweights like Bharti Airtel, and HDFC twins, which also hit record highs today, lifted the index along with metals stocks like Tata Steel and Vedanta

MARKETS: Indices end near record high, Sensex up 413 pts, Nifty tops 12,150

All that happened in the markets today

Nifty Metal index up over 3%; Tata Steel hits over 4-month high

Jindal Steel & Power, Tata Steel, Steel Authority of India, JSW Steel and Jindal Stainless (Hisar) were up in the range of 3 per cent to 8 per cent in intra-day trade.

Whirlpool of India slips 6% after MD Sunil D'Souza steps down

Since June 2015, the stock of Whirlpool of India has rallied 330 per cent, as compared to a 49 per cent rise in the S&P BSE Sensex.

NIIT Technologies surges 6% as board to mull share buyback plan

The board of directors of NIIT Technologies is scheduled to meet on December 23, 2019, to consider and approve proposal for buy-back of the equity shares of the company.

Paper, Jute stocks in focus; JK Paper, Seshasayee Paper up over 5%

Orient Paper, Emami Paper Mills, Star Paper Mills, Malu Paper Mills, Seshasayee Paper & Boards, International Paper APPM, JK Paper and Ruchira Papers from the paper sector were up more than 5%.

Auto shares edge higher; Maruti Suzuki gains 2% on BofAML upgrade

Bank of America Merrill Lynch upgraded Maruti Suzuki India's stock to 'buy' from 'neutral' and raised the target to Rs 8,650 from Rs 7,450 per share

Ujjivan Small Finance Bank extends gains; surges 65% against issue price

The stock of the lender saw a stellar listing at the bourses on December 12, 2019. Issued at a price of Rs 37, the shares got listed at Rs 58 apiece on the BSE, a 57% premium against the issue price

Federal-Mogul surges 19% after Supreme Court order on open offer

Last month, the Securities Appellate Tribunal (SAT) had dismissed an appeal against an order passed by the Sebi, directing the promoters to revise the open offer price upwards

Stocks to watch: Tata Motors, Vedanta, Maruti, Cipla, PSBs, STFC, UCO Bank

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

Year in Review: Major factors that affected markets in CY 2019

The benchmark S&P BSE Sensex gained an impressive 13.7 per cent during the period, while NSE's Nifty added 11.2 per cent.

Market Ahead, December 17: All you need to know before the Opening Bell

Yesterday, Moody's lowered India's FY20 GDP forecast to 4.9 per cent from 5.8 per cent, citing weak household consumption

Top stock recommendations from Anand Rathi: Buy Wipro, Repco Home Finance

Trading calls by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers

UCO Bank raises Rs 500 crore by issuing Basel III compliant bonds

The bank added that the board had approved the issuance of these bonds in October

IRB Infra board gives go-ahead on allotment of NCDs worth Rs 1,400 cr

It said the NCDs will bear current interest rate of 11.75% per annum

Today's picks: From India Oil Corp to ITC, hot stock to watch on Tuesday

ITC, Nifty, Indian Oil, Tech Mahindra

IBC implementation to have positive impact on debt market: Sebi chief Tyagi

Tyagi said in the pre-IBC era, India lacked an efficient mechanism for the closure of unviable firms

FDA observation, forensic audit by Sebi may keep Sun Pharma under pressure

Halol plant observations add to worries on the extent of upsides from specialty drugs

Confident of growth, defending market share will be a challenge for Voltas

Competition may also disrupt profitability