Page 464 - Markets News
Anil Ambani Reliance group stock hits 7-yr high; zooms 101% from March low
Shares of Reliance Power rallied 8% to ₹62.80, its highest level since January 2018 on the BSE in Monday's intra-day trade in an otherwise weak market.
 "Anil Ambani Reliance group stock hits 7-yr high; zooms 101% from March low")
3B Films IPO Day 2 update; check subscription status, GMP, key dates
3B Films IPO Day 2 update: The SME offering, which opened for subscription on May 30, has received bids for 72,42,000 shares, against 64,08,001 on offer, leading to a subscription of 1.13 times
 "3B Films IPO Day 2 update; check subscription status, GMP, key dates")
Infy, TCS, HCLTech: IT stocks staring at further losses; hint tech charts
Technical outlook on IT stocks: Infosys, TCS HCL Technologies and Tech Mahindra may slip up to 9% from present levels, suggest charts.
 "Infy, TCS, HCLTech: IT stocks staring at further losses; hint tech charts")
YES Bank jumps 6% in weak market; board to discuss fundraising on June 3
YES Bank shares jump 6 per cent ahead of the board meeting to discuss fundraising on June 3
 "YES Bank jumps 6% in weak market; board to discuss fundraising on June 3")
Mphasis, Infosys, TCS shares drop upto 7%; why are IT stocks falling today?
IT stocks falling today: The Nifty IT index fell 1.4 per cent intraday to hit a low of 36,770.15. Among individual stocks, Mphasis tumbled 6.7 per cent, Persistent Systems and HCL Tech 1.8 per cent
 "Mphasis, Infosys, TCS shares drop upto 7%; why are IT stocks falling today?")
Trump's trade tantrum, and stock market: The ABCD strategy of investing
For Indian retail investors, this is not a moment for fear but a moment for foresight, says Sandeep Walunj of Motilal Oswal Financial Services.
 "Trump's trade tantrum, and stock market: The ABCD strategy of investing")
AstraZeneca Pharma shares surge 12% after Q4 results; profit jumps 48%
AstraZeneca Pharma India rallied nearly 12 per cent after its net profit for the fourth quarter of the previous financial year jumped 48 per cent
 "AstraZeneca Pharma shares surge 12% after Q4 results; profit jumps 48%")
Foreign investors return to Indian stocks on big ticket block trades
The block trades were well bought by overseas investors. They marked the highest monthly total in almost a year and a huge jump from only $220 million in April
 "Foreign investors return to Indian stocks on big ticket block trades")
What's behind the 2% decline in Nifty Metal index today?
As per media sources, the US government is likely to increase tariffs on imported steel and aluminium from existing 25% to 50% starting June 4, to support domestic manufacturing of metal in the US.
 "What's behind the 2% decline in Nifty Metal index today?")
Sensex dips 800 pts, Nifty below 24,600 as latest tariff hikes jolt markets
Why stock markets fell today: Indian equity benchmark fell, tracking Asian markets as trade tensions flared up over the weekend with fresh steel and aluminium tariffs by the US
 "Sensex dips 800 pts, Nifty below 24,600 as latest tariff hikes jolt markets")
Leela Hotels IPO: Schloss Bangalore shares list at 6% discount on NSE
Leela Hotels share price listed at ₹406 per share on the NSE, reflecting a discount of ₹29 or 6.67 per cent over the issue price of ₹435 per share
 "Leela Hotels IPO: Schloss Bangalore shares list at 6% discount on NSE")
Aegis Vopak Terminals shares make muted D-Street debut, list at 6% discount
Aegis Vopak Terminals shares listed at ₹220 on the BSE, against the issue price of ₹235
 "Aegis Vopak Terminals shares make muted D-Street debut, list at 6% discount")
Mukul Agrawal portfolio smallcap textile stock tanks 17%; here's why
Indo Count Industries said it deferred the volume and margin guidance amid ongoing US tariff uncertainty leading to strategy and portfolio re-jig by retailers in the US.
 "Mukul Agrawal portfolio smallcap textile stock tanks 17%; here's why")
Nomura raises Nifty target to 26,140 for March on strong domestic cues
The Indian equity markets have been resilient in the recent past despite corporate earnings estimate cuts and global uncertainties
 "Nomura raises Nifty target to 26,140 for March on strong domestic cues")
Rupee snaps 4-day losses; opens at 85.54/$ amid firm oil prices
Indian Rupee today: The domestic currency opened 4 paise higher at 85.54 against the greenback, after closing at 85.58 on Friday
 "Rupee snaps 4-day losses; opens at 85.54/$ amid firm oil prices")
Sensex trapped in 1,000-pt range ahead of RBI policy; strategy this week
Weekly Market Outlook: The BSE Sensex may trade in the 80,600 - 82,300 range this week, the BSE benchmark could surge to 83,770 levels in June; suggests technical chart.
 "Sensex trapped in 1,000-pt range ahead of RBI policy; strategy this week")
Nomura raises Nifty March 2026 target to 26,140 on supportive macros
The revised Nifty50 target implies a potential upside of about 6 per cent from current levels.
Scoda Tubes IPO allotment today; check status, latest GMP, listing date
Investors can check Scoda Tubes IPO allotment status on the official websites of BSE, NSE, or MUFG Intime India
 "Scoda Tubes IPO allotment today; check status, latest GMP, listing date")
Dividend, bonus, rights issue: L&T, Nuvama Wealth & 3 others in focus
Ex-dividend date, June 3, 2025: The ex-date refers to when a stock began trading without the entitlement to dividends, rights issues or bonus issues
 "Dividend, bonus, rights issue: L&T, Nuvama Wealth & 3 others in focus")
Stocks to watch today, June 2: Vi, Nykaa, IndiGo, Adani Energy, AstraZeneca
Stocks to Watch on Monday: Vodafone Idea, Nykaa, Apollo Hospitals, AstraZeneca Pharma, IndiGo, Adani Energy Solutions, M&M and Puravankara are among the stocks to watch today, June 2, 2025
 "Stocks to watch today, June 2: Vi, Nykaa, IndiGo, Adani Energy, AstraZeneca")