Page 42 - Markets News

Karur Vysya Bank surges 11%, nears record high post Q1 results

The trading volume at the Karur Vysya Bank counter jumped nearly 10-fold versus the average volume, with a combined 17.5 million shares changing hands on the NSE and BSE till 09:41 AM on Tuesday.

Alpine Texworld shares hit 5% lower circuit after flat market debut

Alpine Texworld share price today: Alpine Texworld shares debuted at par with the issue price on the bourses today. On the BSE, its shares opened at ₹105 versus the IPO issue price of ₹105.

SBI Funds Management delivers 7% listing gains; Emkay initiates with 'Buy'

SBI Funds Management shares listed at ₹613.30 on the NSE, a premium of ₹39.30, or 6.85 per cent, over the IPO issue price of ₹574 per share

UltraTech Cement shares rise 2% post Q1; analysts see up to 14% upside

UltraTech Cement reported a 16.8 per cent increase in net profit for the first quarter to ₹2,599.3 on a year-on-year basis. Revenue for the quarter was up 15.9 per cent to ₹24,648.20 crore.

Tata Consumer Products Q1 preview: Revenue may grow 12%, PAT seen up 20%

Tata Consumer Products Q1 result preview: Brokerages expect 11-12 per cent revenue growth in the quarter under preview, driven by strong volume growth in beverages, salt and international tea business

Asian markets advance as oil prices retreat on Iran ceasefire hopes

MSCI's broadest index of Asia-Pacific shares outside Japan was 0.25% higher after dropping for three straight sessions

Rupee's depreciation pace, not level key for markets, shows 18-year history

For the world's third-largest oil importer and consumer, India, a falling rupee presents unique challenges: a weaker economy, wary foreign investors, and declining earnings quality.

Stocks to Watch today: Paytm, Bajaj Auto, TVS Motor, Angel One, SBI Funds

Bajaj Auto, Adani Energy Solutions, TVS Motor Company, Indian Hotels Company, JSW Infrastructure among top stocks slated to post their Q1 results today.

How to trade Nifty today? Key support levels, weekly expiry in focus

Tech analysts see immediate support for Nifty at 24,100, below which strong support is expected around the 24,000-mark.

Liquidity stress in small-cap funds eases to lowest level since March 2024

Improved trading volumes and a recovery in small-cap stocks have reduced liquidity stress in small-cap mutual fund schemes to the lowest level since March 2024

ONGC, Tech Mahindra: Top stock picks by Kotak Securities; here's why

Shrikant Chouhan, head of equity research at Kotak Securities, explains why the brokerage has assigned Buy ratings to ONGC and Tech Mahindra

Norwest leads ₹387 cr funding round; Lohia Corp prices IPO at ₹404-425

Veriqus Group raises ₹387 crore, Lohia Corp prices its ₹1,102-crore IPO, and Sebi fines CDSL ₹1 crore over cybersecurity lapses

NSE plans new volatility index with revised methodology; pilot launch soon

NSE had launched India Vix futures in 2014 but discontinued them in 2017 because of low liquidity and participation

Rupee weakens to 2-month intraday low on crude rally; RBI likely intervenes

The rupee slipped to a two-month intraday low as higher crude oil prices and West Asia tensions weighed on sentiment, with likely RBI intervention helping limit losses

Earnings upgrades for ICICI Bank after a healthy June quarter performance

ICICI Bank's Q1 FY27 earnings beat estimates on strong loan growth, higher fee income and lower credit costs, leading analysts to raise earnings forecasts

Margin squeeze triggers selloff in pvt bank stocks; benchmarks end lower

Benchmarks end lower; ICICI Bank bucks the trend, PNB shine

SPML Infra promoters to infuse over ₹177 crore; Vijay Kedia ups stake

The company has also raised around Rs 5.75 crore from non-promoter entities through a preferential issue and converted debt of Rs 7.16 crore from NARCL into equity

Margin pressures offset robust topline performance of Havells in Q1

Havells posted robust Q1 revenue growth led by cable and wires, but higher input and advertising costs squeezed margins, with recovery expected from the September quarter

Empower Internal Ombudsmen, use feedback to strengthen institutions: RBI DG

RBI Deputy Governor says boards and senior management should ensure Internal Ombudsmen function independently and use complaint data to improve governance and customer service

Sebi imposes ₹1 crore penalty on CDSL for alleged cybersecurity lapses

The order added that the interconnectedness and interdependency of the depositories pose broader implications for cyber risk