Page 2694 - Markets News

Power Finance Corporation extends rally on acquisition of REC

PFC has acquired 52.63 per cent equity stake of the Centre in the REC along with the management control

MARKET WRAP: Sensex gains 127 pts, Nifty ends at 11,624 on last day of FY19

All that happened in markets today.

Bajaj Finance, ICICI Bank, Ipca Labs, Varun Beverages hit record high

Asian Paints, Merck, Adani Gas, Future Lifestyle, Gujarat Fluorochemicals and Muthoot Finance were among 14 stocks hitting their respective all-time highs on the BSE on Friday.

DLF hits 6-month high on successful QIP issue; stock surges 25% in a month

Oppenheimer Global Fund, Society Generale, BNP Paribas, Morgan Stanley France, Copthall Mauritius Investment and Stichting Depositary APG Emerging Markets allotted the shares in the offer

MSTC locked at 5% upper circuit after weak stock market debut

On the NSE, shares of MSTC opened at Rs 115, a 4 per cent discount to the issue price. It touched a high of Rs 120 and a low of Rs 111

Vodafone Idea goes ex-date for rights issue; stock pares gain

The company's board of directors had approved Rs 25,000-crore rights issue on March 20

SBI Life Insurance falls 6% on BNP Paribas stake sale

Post-transaction, BNP Paribas Cardif's stake in SBI Life Insurance is likely to decline to 7.57 per cent from 12.77 per cent

Rupee opens 6 paise higher at 69.24 against US dollar

The domestic unit slumped 42 paise to end at 69.30 on Thursday, its second straight session of decline, in line with other Asian currencies amid strengthening of the greenback.

Rail Vikas Nigam IPO opens today: Why analysts suggest subscribing to it

RVNL, which is a project executing agency working for and behalf on Ministry of Railways, has an order book of Rs 77,500 crore.

AstraZeneca Pharma, Britannia, Wabco and Eicher Motors to watch out for

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

Market podcast: Macro data to Brexit, factors that may sway sentiment today

The release of key macroeconomic data, global cues, and foreign fund flows are among the factors that may sway investor sentiment on Friday.

Derivative strategy on Siemens by HDFC Securities

Derivative strategy on Siemens by Nandish Shah, Senior Technical & Derivatives Analyst at HDFC Securities

The Palladium 'bubble has burst' with biggest price drop in 9 years

The sell-off comes after hedge funds cut bullish bets and some analysts warned of a growing potential for a price correction. A strong dollar added to headwinds

Top trading calls by Anand Rathi: Buy HDFC, BEML, Piramal Enterprises

Nifty outlook and top trading ideas by Jay Anand Thakkar, CMT - Assistant Vice President - Equity Research, Anand Rathi Shares, and Stock Brokers.

Prabhat Dairy gets shareholder nod for sale of its business to Lactalis

99 per cent public institutions voted against the resolution but the promoter group and non-institutional investors voted in favour

Mutual funds see healthy inflows through equity NFOs in FY19: Report

What needs to be borne in mind is that collections in FY18 were boosted by flows into Bharat-22 ETF

Today's picks: From Asian Paints to Tata Steel, hot stocks to buy on Friday

For Asian Paints, keep a stop at 1,485 and go long

Slowing sales in key markets could derail Bharat Forge's growth curve

While truck sales in India and the US are trending down, industrial segment could see pressure

Market share focus to weigh on Dabur India's near-term profitability

Long-term prospects, however, remain intact despite slowing demand

Only mutual fund to file cases, erstwhile UTI sees some recoveries

The biggest defaulter is Maharashtra-based Malvika Steel