Page 2626 - Markets News

SBI nears record high on fundraising plan; stock rises 7% in six days

The meeting of the bank's central board is scheduled to be held on Monday, July 1, to consider raising capital via Basel-III compliant debt instruments during the financial year 2020.

Cox & Kings hits lower circuit for 2nd straight day, tanks 57% in a month

Brickwork Ratings downgraded the credit rating of NCD issue which highlighted delays in debt reduction and an increase in receivables

CreditAccess gains 8% on completion of direct assignment of Rs 139 crore

With this transaction, the company has completed one securitization and one direct assignment transaction totaling to Rs 249 crore in FY-2019-20.

Stocks to watch: Coffee Day Enterprises, Cox & Kings, Mindtree, SBI

Here's a list of some of the companies whose shares are expected to trade actively in today's session

Market Ahead, June 27: Top factors that are likely to guide markets today

Early trade in Asia and trends on SGX Nifty, the Singaporean exchange for Nifty Futures, suggest a flat start for the Indian indices.

Stock calls by Tradebulls Securities: Buy Coal India

Nifty outlook and top trading ideas from Sacchitanand Uttekar, DVP - Technical (Equity), Tradebulls Securities.

Risk-reward favourable for Lupin as domestic biz provides cushion to growth

Analysts are now upgrading the stock as they expect a recovery for Lupin moving forward, besides a significant improvement in the company's free cash flows

Concor stocks gain over 7% on revenue growth expectations, higher volumes

Prospects hinge on start of freight corridor, volume uptick

IndiaMart IPO subscribed 36 times; receives bids for 96.92 mn shares

According to a KPMG report, it has close to 60 per cent market share of the online B2B classified advertisement space in India in FY17

Nifty nears record highs, but just 15 stocks bringing in value: Expert

A comparison of the price-to-earnings (P/E) or price-to-book (P/B) multiples of all the Nifty stocks throws up the list of stocks that are being favoured and neglected

Derivatives Strategies: Nifty support range from 11,600-11,700

The Bank Nifty has been more bullish than the Nifty in the past five sessions

India adds 5 mn investors in 1 yr, internet helps small cities put in money

Increased use of institutional investment methods might also affect the number, said experts

No new equity close-ended schemes launched in 2019 after SEBI slashes fee

Not a single scheme launched so far this year

Market Wrap June 26: Sensex closes 157 pts higher, Nifty near 11,850

All the Nifty sectoral indices except Nifty IT and Nifty FMCG ended with gains, led by Nifty Metal, up 2.7 per cent, and Nifty PSU Bank index, up 1.88 per cent

LTCG relief: Govt extends indexation benefit to investors of unlisted firms

The finance ministry had received various representations demanding removal of LTCG tax

Sensex closes 157 pts higher, Nifty near 11,850 as metal, bank stocks rally

All that happened in the markets today

'Interim Budget populist; elections remain biggest near-term trigger'

The Interim Budget is a typical election budget but it also shows continuation in the endeavor of the government to improve the income level of lower sections of population, Aggarwal says.

Shriram Group shares trade weak; Shriram City Union hits 52-week low

According to media reports, Piramal Enterprises is looking to sell its entire 20 per cent stake in Shriram Capital (SCL), the financial services arm of the Shriram group

Jet Airways, Reliance Power: 34 stocks will exit F&O segment from June 28

The move follows tightening of section criteria for stocks in the derivatives segment by market regulator Securities and Exchange Board of India (Sebi) in 2018

ICICI Bank, Power Finance, and 12 other stocks hit 52-week highs on BSE 500

PFC, Power Grid Corporation, REC and Torrent Power from electric utilities and related sector along with HDFC AMC and SBI Life Insurance Company also hit 52-week highs today.