Page 4408 - Markets News
Motilal Oswal AMC introduces paperless investment platform
The platform aims at making the investment process easier for existing as well as new investors who have already completed the KYC procedures
Power Grid out of PSU ETF; FinMin files offer document
The ETF could fetch the exchequer about Rs 3,000 cr
Nifty ends at 6,200 ahead of February derivative expiry
Upmove in IT heavyweights, ITC and HDFC counters aided the gains in today's trade
 "Nifty ends at 6,200 ahead of February derivative expiry")
Provisional: Markets end higher led by IT stocks
The 30-share Sensex was up 33 points at 20,844 and the Nifty advanced 11 points to end the day at 6,197
 "Provisional: Markets end higher led by IT stocks")
Nifty above 6,200 as IT scrips gain
IT heavyweights like TCS, Infosys and Wipro and ITC among the movers in noon deals
Aarti Industries hits a record high
Analyst at Anand Rathi Retail Research recommends BUY rating on the stock with a target price of Rs 135.
Will Nifty break above 6200 soon?
The 50-stock benchmark index Nifty has been rangebound within 6200-5960 levels with support at 200DMA and resistance at 6200. Pritesh Mehta, Sr. Technical at IIFL takes a look at its chart patterns
Markets erase early gains, power & metal shares drag
BSE Metal and Power indices have declined by 1% each
 "Markets erase early gains, power & metal shares drag")
Aurobindo Pharma up 5% on heavy volumes
Since February 6, the stock has underperformed the market by falling 2% as compared to 2.5% rise in Sensex till yesterday.
 "Aurobindo Pharma up 5% on heavy volumes")
Markets remain firm; Consumer Durables up 2.2%
Benchmark indices remain comfortably in the green on the back of firm global cues and modest gains in index heavyweights like Infosys, ICICI Bank, ITC and TCS.
 "Markets remain firm; Consumer Durables up 2.2%")
Nifty tops 6200; power stocks under pressure
BSE Power index is down a whopping 5%, pulled down by NTPC after CERC order was found to be negative for the PSU power firm.
 "Nifty tops 6200; power stocks under pressure")
Stocks of banking licence aspirants in focus
Muthoot Finance, L&T Finance Holdings, IDFC, India Infoline and LIC Housing Finance are up 3-4% on the BSE.
Ambuja Cements gain on resumption of mining operations at Himachal Pradesh
The company has five million tonnes per annum limestone mining capacity in Himachal Pradesh.
Cadila Healthcare hits record high on USFDA nod for Clonidine Hcl injection
The stock opened at Rs 1,005 and touched a record high of Rs 1,020 on the NSE
 "Cadila Healthcare hits record high on USFDA nod for Clonidine Hcl injection")
Gujarat Gas rallies on business consolidation plan
As a part of this consolidation, city gas distribution companies GSPC Distribution Networks, GSPC Gas, Gujarat Gas Financial Services and Gujarat Gas Trading Company will be amalgamated.
 "Gujarat Gas rallies on business consolidation plan")
Kinetic Engg surges on stake sale in MTWL
Kinetic Engg sells entire stake in MTWL for a consideration of Rs 182 crore
IT, bank stocks help market stay firm
IT and banking and financial services stocks lead the gains on benchmarks. Infosys, ICICI Bank, TCS, HDFC Bank and HDFC are the top Sensex gainers at this hour.
 "IT, bank stocks help market stay firm")
IFB Agro surges ahead of board meet to consider sale of IMFL brands
The board of Tilaknagar Industries had granted in-principle approval for the acquisition of the complete IMFL business of IFB Agro.
Pre-market: Higher opening seen amid robust global cues
Markets are likely to extend gains on Tuesday tracking firm cues from Asia and robust overnight gains in US stocks.
 "Pre-market: Higher opening seen amid robust global cues")
CERC order to have cascading effect
Legal experts are now questioning the validity of power purchase agreements after the ruling
 "CERC order to have cascading effect")