Page 2796 - Markets News
Adani Transmission nears record high; stock zooms 62% in one month
The stock rose 5% to Rs 250, extending its 39% rally in past two weeks following an announcement of its addition in MSCI index.
 "Adani Transmission nears record high; stock zooms 62% in one month")
Base metal prices at a crossroads; analysts prefer Hindalco
The trade-related tension between the world's two biggest economies has already seen across-the-board selling in metal space.
 "Base metal prices at a crossroads; analysts prefer Hindalco")
IRB Infra gains 9% in two days after rating upgrade
The stock moved higher by 5.5% to Rs 154 on Tuesday, extending its Monday's 3.3% gain on BSE, after the rating agency Ind- Ra revised the company's outlook to positive from stable.
 "IRB Infra gains 9% in two days after rating upgrade")
HSBC upgrades Indian equity market to 'stable' from 'underweight'
Analysts at the bank have noted that since August-end the Indian stock market has underperformed due to an array of headwinds like a free fall in the rupee and a volatility in crude oil prices
 "HSBC upgrades Indian equity market to 'stable' from 'underweight'")
YES Bank slips over 2% as RBI begins inspecting bank's exposure to NBFCs
Shares of YES Bank slipped as much as 2.1 per cent to Rs 184 in the intra-day trade on NSE after a news report suggested that the RBI on Monday began examining the private bank's exposure to NBFCs
 "YES Bank slips over 2% as RBI begins inspecting bank's exposure to NBFCs")
Sun Pharma hits 5-month low; stock slips 7%
The stock dipped 7% to Rs 475, its lowest level since June 6, 2018 on the BSE.
 "Sun Pharma hits 5-month low; stock slips 7%")
IFCI surges 6% on receiving Rs 4.9 billion for Binani Cement resolution
On November 14, Aditya Birla Group firm UltraTech Cement won bid to acquire debt-ridden Binani Cement after the NCLAT approved its revised Rs 79.50 billion bid over an offer by rival Dalmia Bharat.
 "IFCI surges 6% on receiving Rs 4.9 billion for Binani Cement resolution")
Nifty Metal index hits four-month low; JSPL,Vedanta hits fresh 52-week lows
Tata Steel, Vedanta, JSW Steel, Jindal Steel & Power, SAIL, NMDC, NMDC and Jindal Stainless (Hisar) were down in the range of 2% to 4% on the NSE.
 "Nifty Metal index hits four-month low; JSPL,Vedanta hits fresh 52-week lows")
VIP Industries hits two-month high; stock climbs 30% in one month
The stock was up 5.5% at Rs 514 on Tuesday, extending its 6% rally on BSE in the previous session, on the expectation of strong demand outlook.
 "VIP Industries hits two-month high; stock climbs 30% in one month")
Sun Pharma, YES Bank and NIIT Tech among top stocks to watch
Here's a list of top stocks that may remain in focus in today's session -
 "Sun Pharma, YES Bank and NIIT Tech among top stocks to watch")
Top trading calls by Anand Rathi: Buy Apollo Hospital and Bajaj Auto
Nifty outlook and top trading ideas by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Research.
Buy Allahabad Bank for a Target of Rs 54, SL of 40: Prabhudas Lilladher
Nifty outlook and few trading ideas by Vaishali Parekh, research analyst- technical research at Prabhudas Lilladher.
 "Buy Allahabad Bank for a Target of Rs 54, SL of 40: Prabhudas Lilladher")
NHAI bonds offer similar rates to NBFCs, but should you invest in them?
However, retail investors should analyse risk of NBFCs more diligently
 "NHAI bonds offer similar rates to NBFCs, but should you invest in them?")
Election, market uncertainty looms large over IPOs worth $2 billion
Close to a dozen firms sitting on Sebi approvals wait for market conditions to improve
 "Election, market uncertainty looms large over IPOs worth $2 billion")
From HUL to Godrej Consumer, FMCG firms to benefit from easing input costs
Low crude and palm oil prices would give them the flexibility to improve volumes and margins
 "From HUL to Godrej Consumer, FMCG firms to benefit from easing input costs")
Mutual funds should start disclosing retail assets: Reliance MF CEO
Sundeep Sikka explains how mutual funds can create business models that can deliver long-term growth and profitability.
 "Mutual funds should start disclosing retail assets: Reliance MF CEO")
Submit names of brokers involved in NSEL scam in sealed cover: HC to Sebi
Sebi had informed the Madras HC that action was being taken against 300 brokers involved in the NSEL scam and their names could not be made public as it would impact markets
 "Submit names of brokers involved in NSEL scam in sealed cover: HC to Sebi")
Sensex, Nifty post biggest gains in three weeks amid crude oil price slump
Stocks tied to crude oil prices such as airlines, paints, chemicals, refiners and lubricants were in focus as Brent plunged 6.1 per cent on Friday
 "Sensex, Nifty post biggest gains in three weeks amid crude oil price slump")
Improving margins, reducing debt key challenges for Aurobindo Pharma
While revenue growth is expected to be strong, improving margins and reducing debt could be challenging
 "Improving margins, reducing debt key challenges for Aurobindo Pharma")
Domestic gains for Bajaj Auto, falling crude oil prices may impact exports
The company is the only one among the auto pack which has not seen a significant downward earnings revision for the current fiscal year after the July-September quarter results
 "Domestic gains for Bajaj Auto, falling crude oil prices may impact exports")