Page 2666 - Markets News

Neogen Chemicals IPO subscribed 27% on first day of bidding

The IPO comprises a fresh issue of up to Rs 70 crore and an offer-for-sale of up to 29,00,000 equity shares including an anchor portion of 18,46,715 equity shares

Share of cash volumes in trading mix sees decline; weighs on broker margins

The share of cash in average trading daily volumes declined to 2.7 per cent at the end of FY19 compared with 7.7 per cent at the end of FY13

MNC stocks trading at all-time high valuations, time to stay selective

With half the listed MNC stocks trading near their all-time high valuations, experts say it's time for investors to cherry pick from the lot

ICICI Lombard's high valuation may trim upside from expected premium growth

Expected rise in third-party motor premium to drive up investment profits

Markets in honeymoon period, not looking at reality: Sundaram Mutual CEO

A fractured mandate will not be initially welcomed by the market and can lead to higher volatility

Jhunjhunwala increases stake in DHFL, is cautious on auto holding

Raises stake in luggage maker VIP Industries and pharma major Lupin

NSE seeks higher number of stocks in derivatives segment to boost market

Exchange seeks higher number of stocks in derivatives segment to boost market development

MARKET WRAP: Sensex gains 490 pts to end above 39k ahead of F&O expiry

All that happened in the markets today

Market Wrap, April 24: Sensex ends over 39k, Nifty up 150 pts

Among sectoral indices, only the Nifty Auto index ended in red, with the Nifty PSU Bank index being the biggest gainer

Nifty can hit 12,500 levels by FY20-end, says Sunil Subramaniam

Earnings' growth will be in line with market expectations and hence there should be a recovery in the overall sentiment in six to nine months

UltraTech Cement rebounds 5% from day's low on strong Q4 results

The company's net sales during the quarter rose 18 per cent year on year (YoY) at Rs 10,334 crore while domestic sales volume jumped 16 per cent YoY to 20.47 million tonnes

Eveready Industries hits four-year low; falls 12% in three days

According to disclosure, the promoter Williamson Magor & Co holdings in Eveready Industries declined by 0.24 percentage points to 23.43 per cent on invocation of shares.

Maruti Suzuki Q4 preview: Brokerages expect slim revenue growth, profit dip

Further details about the expanded Toyota - Suzuki - Maruti partnership, update on demand scenario, channel inventory, discounting trends and new launches will be key moniterables

Indiabulls Real Estate surges 13% on divestment plan of unit Century

The company said it has decided to divest Century, the parent company that houses Hanover Square property, London.

Sebi bars Leelaventure from selling hotels to Brookfield as ITC moves NCLT

On March 18, Hotel Leelaventure Ltd had announced sale of its four hotels located in Bengaluru, Chennai, Delhi and Udaipur, and a property to Canadian investment fund Brookfield for Rs 3,950 cr

ONGC hits 6-month high on hopes of strong March quarter earnings

For the first nine months (April-December) of FY19, the company had posted 62 per cent year-on-year (YoY) jump in net profit at Rs 22,671 crore

ACC falls 5% to Rs 1,578 on lower-than-expected Q1 operating performance

The stock had a strong run-up in the past two months prior to results.

Rupee opens at 69.81, 19 paise lower against US dollar

The domestic currency on Tuesday recovered from the day's low to close higher by five paise at 69.62 on some dollar selling by banks and exporters.

Ultratech Cement, Tata Global, ACC, Infosys and M&M Fin top stocks to watch

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

Market Ahead: Q4 nos to F&O expiry, top factors that may drive market today

Investors are likely to take cues from crude oil prices, March quarter earnings and movement of rupee against the US dollar on Wednesday