Page 337 - Markets News
Cement sector prospects on the mend, but valuations may be hurdle
Cement demand is driven by government projects in infrastructure and housing, a rural rebound, and industrial capex
 "Cement sector prospects on the mend, but valuations may be hurdle")
DIIs pump record ₹7.1 trillion into equities, offsetting heavy FPI outflows
Domestic institutional investors, led by mutual funds, have invested Rs 7.1 trillion in equities over the past year, cushioning markets from persistent FPI selling
 "DIIs pump record ₹7.1 trillion into equities, offsetting heavy FPI outflows")
Muted industry volume outlook may cap further gains for Ashok Leyland
Ashok Leyland stock gained after Q1 results on stronger margins and GST cut hopes, but muted commercial vehicle demand and cyclicality may limit upside
 "Muted industry volume outlook may cap further gains for Ashok Leyland")
Rupee gives up early gains; ends lower at 87.60/$ on tariff worries
Indian Rupee today: The domestic currency closed 7 paise lower at 87.60 against the dollar on Monday, according to Bloomberg
 "Rupee gives up early gains; ends lower at 87.60/$ on tariff worries")
Stock market closing highlights: Sensex rises 329 pts led by IT shares; Nifty at 24,968
Sensex Today | Stock market closing highlights, Aug 25: In the broader markets, Nifty MidCap 100 was up 0.12 per cent, while SmallCap was down 0.04 per cent
 "Stock market closing highlights: Sensex rises 329 pts led by IT shares; Nifty at 24,968")
Emami shares trade lower for third straight day; slips 8% on heavy volumes
Emami share price was trading 5 per cent lower at ₹582.15, as compared to a 0.43 per cent rise in the BSE Sensex, as of 2:20 PM
 "Emami shares trade lower for third straight day; slips 8% on heavy volumes")
ACME Solar rises 7% as board to consider fundraise on August 27
ACME Solar Holdings shares spiked 6.6 per cent, after the company, through an exchange filing, said that its board announced to consider fund raising in a meeting on Wednesday, August 27, 2025
 "ACME Solar rises 7% as board to consider fundraise on August 27")
Apollo Micro extends rally, zooms 42% in August; time to book profit?
The average trading volumes on the counter jumped nearly four-fold with a combined 48.46 million equity shares representing 14.52% of total equity of Apollo Micro changed hands on the NSE and BSE.
 "Apollo Micro extends rally, zooms 42% in August; time to book profit?")
Amanta Healthcare sets IPO price band at ₹120-126; check key details here
Amanta Healthcare IPO will open for subscription on Monday, September 1, 2025, and close on Wednesday, September 3, 2025
 "Amanta Healthcare sets IPO price band at ₹120-126; check key details here")
GST 2.0 to benefit QSR stocks like Jubilant, RBA, Devyani: JM Financial
GST 2.0 reforms may boost QSR demand as tax rates fall. Analysts see Jubilant FoodWorks, RBA, Devyani International, and Sapphire Foods gaining the most
 "GST 2.0 to benefit QSR stocks like Jubilant, RBA, Devyani: JM Financial")
JM Financial initiates coverage on ITC Hotels, sees 12% downside: Check why
JM Financial highlighted that ITC Hotels has delivered a 22 per cent CAGR in Ebitda over FY23-25, driven by strong RevPAR growth
 "JM Financial initiates coverage on ITC Hotels, sees 12% downside: Check why")
Dovish Powell sends Ethereum to fresh all-time high; what's next for ETH?
The surge was further fuelled by strong inflows into US spot Ethereum ETFs and strategic buying by corporate treasuries
 "Dovish Powell sends Ethereum to fresh all-time high; what's next for ETH?")
Star Cement up 3% as arm emerges top bidder for Rajasthan mining lease
Star Cement shares rose 3.1 per cent on Monday, after the company's subsidiary Star Cement North East, was declared as the 'preferred bidder' for the mining lease of Parewar (SN-IV) Limestone Block
 "Star Cement up 3% as arm emerges top bidder for Rajasthan mining lease")
Auto, IT, FMCG: 3 sectors showing short-term strength, says Axis Sec
Nearly 80 per cent of stocks from Nifty Auto, IT and FMCG indices are seen trading above the short-term moving average, indicating strength in the sector, says Axis Securities in a report.
 "Auto, IT, FMCG: 3 sectors showing short-term strength, says Axis Sec")
Markolines Pavement shares rise on bagging LoA worth ₹100 cr; details here
Markolines Pavement shares rose 3 per cent after the company won a LoA worth around ₹100 crore from Trans Metalite India
 "Markolines Pavement shares rise on bagging LoA worth ₹100 cr; details here")
Nazara Technologies plunges 12%, stock hits three-month low; here's why
Nazara Technologies stock crashed 12 per cent after the company suspended its real-money gaming (RMG) offerings, to comply with the new online gaming law in India.
 "Nazara Technologies plunges 12%, stock hits three-month low; here's why")
Jefferies upbeat on India CRDMO; initiates Buy on Cohance; upgrades Divi's
Jefferies is optimistic on India's CRDMO sector, given its evolution from quasi-chemical firms into strategic partners for innovators; check more details
 "Jefferies upbeat on India CRDMO; initiates Buy on Cohance; upgrades Divi's")
JK Paper, TN Newsprint, West Coast Paper rally up to 17% on heavy volumes
Paper stocks in demand amid hopes of some relief for the industry from the extensive plantation initiatives undertaken, which are expected to improve raw material availability and its cost.
 "JK Paper, TN Newsprint, West Coast Paper rally up to 17% on heavy volumes")
Godrej Prop up 2% on ₹1k-cr sales at Hyderabad project; time to invest?
Godrej Regal Pavilion is the company's second launch in Hyderabad this year, with both projects surpassing the ₹1,000 crore sales milestone at launch
 "Godrej Prop up 2% on ₹1k-cr sales at Hyderabad project; time to invest?")
Nifty IT rises 5% in 1 week; will Fed rate cut aid further rally in stocks?
Among individual stocks, Infosys, Wipro, Oracle Financial Services Software, and Mphasis shares rose 3 per cent each on Monday
 "Nifty IT rises 5% in 1 week; will Fed rate cut aid further rally in stocks?")