Page 3025 - Markets News

Sensex logs 9-session winning run on monsoon hopes, longest streak in 3 yrs

On similar lines, the NSE Nifty gathered 20.35 points, or 0.19 per cent, to close at 10,548.70, after moving in the range of 10,560.45 and 10,495.65

Capricorn Food Products gets Sebi's go ahead to launch Rs 1.71-bn IPO

With this, the total number of companies receiving approval from the capital markets regulator has reached 13 so far this year

Bharat-22 ETF follow-on offer could be worth Rs 100 bn: Finance Minnistry

Bharat-22 ETF follow-on offer may touch Rs 100 bn as govt looks to dilute stake in CIL

MARKETS ON TUESDAY: Sensex, Nifty end marginally higher; realty stocks gain

The domestic indices ended higher on Tuesday, led by gains in FMCG and realty indices.

DCB Bank shares rally 14% in two days after good Q4 results

The stock has moved 7.5% higher to Rs 205 on the BSE in intra-day trade on Tuesday, extending its Monday's 6.4% gain on back of heavy volumes.

Hotel stocks rally; Taj GVK, Royal Orchid, EIH zoom over 15%

Oriental Hotels, EIH Associated Hotels, Advani Hotels, Kamat Hotels and Viceroy Hotels were up between 12% and 20%, against 0.18% rise in the Sensex.

Banking sector preview Q4FY18: HDFC and IndusInd banks remain top picks

It is fair to believe that even in the coming quarter, growth is likely to come from large, retail-oriented banks

Steel Strips Wheels hits record high on repeat export order

The stock was up 4% to Rs 1,269, also its record high on the BSE in intra-day trade, after the company bagged repeat order of 41,000 caravan wheels from Europe.

FMCG stocks in focus: HUL, Britannia, Nestle India hit new highs

Thus far in the month of April, Hindustan Unilever, Britannia Industries, Nestle India and Jubilant FoodWorks have outperformed the market by gaining in the range of 8% to 9% on the BSE.

M&M joins Rs 1-trillion market-cap club; stock hits new high

With the market-cap of Rs 1.01 trillion at 10:00 am; M&M stood at number 30th position in overall market-cap ranking, the BSE data shows.

Bajaj Electricals shares surge 7% on order win of Rs 35.78 billion in UP

The stock surged 7% to Rs 660 on the BSE in early morning trade, quoting close to its 52-week high of Rs 664 on April 4, 2018 in intra-day trade.

Asia stocks edge up on easing Syria tensions; focus on earnings, China GDP

The near-term focal point was on China's gross domestic product data due at 0200 GMT

MARKETS ON MONDAY: Indices end higher for eighth session, Infosys down 3%

Benchmark indices recovered lost ground to end higher for eighth straight session, their longest gaining run so far this year.

Kotak Mahindra Bank pips State Bank of India in market capitalisation

Kotak Mahindra Bank also, for the first, time has become the second-most valued bank in the country after HDFC Bank, which commands a market capitalisation of Rs 5.03 trn

Nifty outlook and top trading ideas from Prabhudas Lilladher for today

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

Cheer for ONGC investors: Higher oil and gas prices should drive earnings

But subsidy sharing risk rises if crude oil sustains above $70, which could drive down stock

ICICI Prudential Mutual Fund is top public shareholder in ICICI Securities

ICICI Prudential AMC applied for ICICI Securities' shares through at least four of its schemes, for three of these, the investment is less than 1 per cent of their total corpus

Sensex, Nifty gain for eight session; longest profit streak since November

Gains in index heavyweights such as HDFC, ITC helped Sensex recover from an early loss of 293 points to finish the day with gains of 113 points

Diagnostic chain Metropolis mulls $230 million IPO

Managing Director Ameera Shah is looking to raise the profile of the diagnostic chain as the Mumbai-based company scouts for takeover targets

Infosys shares end 3.15% lower at Rs 1,134.5 after outlook disappoints

Infosys dived as much as 6 per cent Monday, its steepest intra-day fall since August