Page 2437 - Markets News

Saudi Aramco closes below $2 trillion as stock declines for second day

Shares ended 2.8 per cent lower at 36.70 riyals in Riyadh, giving the company a total value of $1.96 trillion

ABB India: Investor interest may remain high on hopes of value discovery

Given that the sale of it power grid unit to Hitachi may conclude by mid-CY20, it allows for another round of gains for ABB India's shareholders as the finer details of the deal will emerge by then

Frequent churn of portfolios, short-term goals eating into investor returns

While equity funds returned 8.2 per cent during the period under review, investor returns stood at 5.8 per cent

Market Wrap, Dec 18: Sensex up 200 pts; Tata Group stocks fall up to 4%

Tata Group stocks tumbled in the last trading hour today after the National Company Law Appellate Tribunal restored former Tata Sons chairman Cyrus Mistry as the chairman of the group

Sugar shares rise on heavy volume; Balrampur Chini hits over 2-year high

Dalmia Bharat Sugar, Avadh Sugar & Energy, Triveni Engineering & Industries, Dwarikesh Sugar Industries and Dhampur Sugar Mills were up in the range of 3 per cent to 7 per cent on the BSE.

Sebi revamps advisory committee on Investor Education and Protection Fund

The panel is mandated to recommend investor education and protection activities that may be undertaken directly by the market regulator or any other agency for utilisation of IPEF

MARKETS: Sensex up 206 pts; Tata Grp stocks dip as NCLAT reinstates Mistry

All that happened in the markets today

KRBL extends rally on stake hike by promoters, stock surges 16%

Thus far in December the promoters of KRBL have purchased 4,48,500 equity shares or 0.43 per cent stake in the company

Bandhan Bank trades near 3-month low; slips 21% thus far in December

The stock was trading at its lowest level since September 20, 2019.

Tata Motors near seven-month high; stock surges 16% in six days

The stock has now surged 73 per cent from its 52-week low of Rs 106, touched on September 4, 2019 on the BSE

HUL shares slip over 1% as parent Unilever lowers sales guidance

Unilever said underlying sales growth would be below guidance in 2019 and in the first half of 2020 because of a slowdown in South Asia and weakness in West Africa

Good time to invest in cyclical, growth stocks: Satish Menon of Geojit

Valuations are high and can impact the market performance in the short-term.

Prestige Estates surges 6% on fund raising plan via preferential issue

The stock of the real estate developer hit an all-time high of Rs 364 on December 3, 2019 on optimisation of strong pipeline of rental assets yielding growth in rentable income.

PC Jeweller slumps 7% after Sebi seeks show-cause in insider trading case

Sebi observed after the announcement of the buyback on May 10, 2018, the shares of PC Jeweller were locked at the upper circuit of 10 per cent.

Prince Pipes and Fittings IPO opens today. Should you subscribe?

Price band of the offer has been fixed at Rs 177-178

Stocks to watch: Telecom, HUL, L&T Fin, Goodyear India, PC Jeweller, Infy

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

Market Ahead, December 18: All you need to know before the Opening Bell

The IPO of Prince Pipes and Fittings is slated to open for public subscription today and close on December 20. The price band has been fixed at Rs 177-178 per share

Technical calls from HDFC Securities: Buy Bajaj Finserv, Indraprastha Gas

Technical calls from Nandish Shah, Senior Technical & Derivatives Analyst at HDFC Securities.

Banks likely to take more loan write-offs due to weak recovery prospects

Resolution delays coupled with rising provision cover on large legacy bad loans (nearing 90 per cent) could mean that loan write-offs will continue to be high, particularly for state-run banks

With 'restrictive' norms, not many takers for small finance bank licences

Word is out that there will be relatively few takers for SFB licences compared to the 72 applicants who lined up in February 2015