Page 39 - Markets News

Rupee dips to 96.57/$, a 2-month low as crude oil surge weighs on sentiment

Escalating tensions in West Asia lifted crude oil prices to a six-week high, while likely RBI intervention through state-owned banks capped losses in the rupee

Markets fall for third day as crude surge dents investor sentiment

Sensex lost 715 points and the Nifty slipped below 24,000 as rising crude prices, tariff concerns and geopolitical tensions triggered broad-based selling

Domestic travel momentum to drive Indian Hotels' medium-term growth

Healthy domestic travel demand, rising occupancies and higher room rates are expected to support Indian Hotels' revenue growth despite weakness in international operations

RBI net sells $6 billion in spot forex market in May amid volatility

The central bank remained a net seller of dollars in May to curb rupee volatility amid higher crude oil prices, though interventions eased from April levels

Exchanges gear up for new closing auction mechanism from August 3

Mock trading is under way as exchanges prepare for the phased rollout of the closing auction session to determine closing prices for derivative-linked stocks

Markets crash: Sensex down 829 pts intraday, Nifty at 23,961; key reasons

The Sensex touched a low of 76,722.21, down 748 points, or 0.96 per cent. Likewise, the Nifty 50 hit an intraday low of 23,973.70, down 214 points or 0.88 per cent.

Stock Market Close: Sensex drops 715 pts, Nifty ends at 23,996; PSU Bank, realty shares bleed

Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 1.09 per cent and 1.54 per cent down, respectively

Lohia Corp IPO opens on July 23; analysts rate 'Subscribe' for long-term

Lohia Corp IPO review: Analysts have shared constructing view on the Lohia Corp IPO, with a 'Subscribe' rating for the long term.

Should you bet on Xtranet Technologies' ₹167-crore IPO? What brokerages say

Xtranet Technologies IPO has received mixed reviews, with Swastika recommending applying with a medium-term view. SBI Securities has a 'neutral' call on the offer.

Oil forecast: Kaynat Chainwala of Kotak Sec explains why Brent may hit $100

With three simultaneous chokepoints under stress and the Yanbu bypass route now threatened, a Brent move above $100 looks increasingly plausible

HFCL stock jumps 4% on Q1 turnaround; board okays ₹215-cr AI data centre

The board of HFCL Ltd has approved an investment of ₹215 crore to set up an advanced AI data centre.

Data Patterns soars 12% in weak market on huge volumes; here's why

The defence stock was in focus on reports that Data Patterns secured the L1 position for an order worth ₹1,300 crore from HAL for Buffer amplifier and BITE (Built-In Test Equipment) modules.

Indo-MIM IPO opens on July 23; GMP at 39%; should you park your money?

Indo-MIM IPO: As investors await the opening of the subscription window, here are the key details of the Indo-MIM IPO

IndiGo Q1 Preview: Will fare hike help drive PAT amid fuel cost spike?

To mitigate the impact of higher aviation turbine fuel (ATF), IndiGo has raised airfares, but analysts believe it will not be enough to stem the Q1 profit fall.

Nifty 500 Ahimsa Index explained: What is it and which firms are included?

According to NSE Indices, the new benchmark is aimed at investors seeking ethical investment opportunities that incorporate animal welfare considerations into portfolio construction

MPS hits 20% upper circuit as Q1 PAT jumps 43%; board okays Singapore WOS

Alongside the financial results, MPS informed the exchanges that its board had approved the incorporation of a Wholly Owned Subsidiary (WOS) in Singapore

SBI Funds joins AMC fray: Is it a better bet than HDFC AMC, ICICI Pru AMC?

SBI Funds Management is now listed on Dalal Street, giving investors a new AMC stock to consider. Analysts decode which AMC stock is better placed for investors - SBI Funds, ICICI Pru AMC or HDFC AMC

Bulls vs Bears: This momentum indicator explains why Nifty lacks direction

The tug-of-war between the bulls and bears continue as the market lacks direction, suggests the ADX index, which needs to cross the 25-mark for a directional move, says Ajit Mishra of Religare Broking

MedPlus shares tumble 18% after Q1 profit sinks 22%; should you buy?

Brokerage firm Nomura noted that weak quarterly results were led by private label slowdowns and rising overhead expenses.

Cyient DLM soars 18% on strong Q1 earnings; zooms 177% from March low

Thus far in the month of July, the stock price of Cyient DLM surged 58 per cent.