Page 2909 - Markets News

MARKET WRAP: Nifty settles at fresh closing high of 11,389; PSU banks slip

Among sectoral indices, the Nifty PSU Bank index ended over 2 per cent lower due to a fall in share prices of Andhra Bank and Punjab National Bank (PNB).

Adani Green, Gujarat Ambuja Exports fall after being placed under ASM

Adani Green Energy (Rs 70.60), Gujarat Ambuja Exports (Rs 208) and Morepen Lab (Rs 33.60) were locked in the lower circuit of 5% on the BSE.

Intellect Design zooms 20% on multi-million dollar deal with an Asian bank

The stock locked in upper circuit of 20% at Rs 244, also its 52-week high on the BSE on back of heavy volumes.

PSU banks trade weak; Andhra Bank, Syndicate Bank, PNB down 5%

At 02:07 pm; Nifty PSU Bank index trading 1.5% lower, as compared to 0.11% rise in the Nifty 50 index.

On impressive trading debut, shares of HDFC Mutual Fund surge 65%

Asset manager adds Rs 152 bn in market value in best listing since last year's D-Mart

This Tata Group stock has zoomed over 200% in six months to Rs 338

Nelco hit an over decade high of Rs 338, rallied 213% from Rs 108 on February 6, 2018, as compared to 10% rise in the S&P BSE Sensex during the same period.

Adani Ports slips 6% post Q1 results

The stock slipped 6% to Rs 375 on the BSE after the company reported its consolidated net profit at Rs 6.97 billion in June quarter, due to mark to market loss of Rs 3.83 billion during the quarter.

Parag Milk Foods surges 8% on strong Q1 results

The stock surged 8% to Rs 344 on the BSE in intra-day trade after the company reported 169% year on year growth in consolidated net profit at Rs 283 million in June quarter.

Nifty outlook and top trading ideas by Prabhudas Lilladher

Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher

Higher realisations come as a boost to ONGC; volume growth may pick up

Volume growth, however, was tepid at three per cent for natural gas, while oil output was down four per cent

Q1 results: New launches to spur Britannia volumes, sales jump 14%

Volume growth in FY18 was the highest in Rajasthan, Madhya Pradesh and Uttar Pradesh, and is key for Britannia that lags its peers in rural share and penetration

MFs go slow on equities in July; net buying drops to 17-month low

With equity investments cooling off a bit, money managers are also seen tweaking their investment strategies

Indian markets can rise another 10%; focus on mid, small-caps: Mark Mobius

Mark Mobius says that going ahead, investors should concentrate more on 'value' rather than momentum

Today's picks: From Tata Motors to RIL, hot stocks to watch out on Tuesday

Nifty, Bank Nifty, Tata Motors, GAIL, and Reliance Industries

Top trading ideas by Anand Rathi Research: Buy Fortis, JSW Energy, UPL

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

Graphite India hits new high ahead of Q1 results

The stock hit a new high of Rs 1,080, up 2.4% on the BSE in intra-day trade ahead of June quarter results.

NSE red-faced as President Kovind pulls out of silver jubilee celebrations

His press secretary attributes it to busy schedule, says 'no clue' if it has anything to do with NSE chairman Ashok Chawla being named in a CBI chargesheet

HDFC AMC makes stellar debut, stock settles 65% above the issue price

HDFC AMC settled at Rs 1815, up a whopping 65% higher against its issue price of Rs 1,100.

MARKET WRAP: Record closing high for Sensex at 37,692; bank stocks rally

The Nifty PSU Bank index settled over 2.5% higher led by rise in Indian Bank and SBI

Vinati Organics hits upper circuit of 20% as Q1 profit doubles

The stock locked in upper circuit of 20% at Rs 1,188, also its new high on the BSE, after the company reported net profit of Rs 643 million in June quarter against Rs 311 million in year ago quarter.