Page 488 - Markets News
Nifty outlook; ONGC, GAIL among Chandan Taparia's top stock picks on May 21
Chandan Taparia suggests buying these two stocks. Also, check Nifty, Bank Nifty outlook here
 "Nifty outlook; ONGC, GAIL among Chandan Taparia's top stock picks on May 21")
Edelweiss Employees Trust divests 1.7% stake in Edelweiss Fin for ₹145 cr
Edelweiss Employees Trust sold 16 mn shares worth ₹145 cr; Carnelian, Miri Capital, and others picked up stakes as Edelweiss shares rose 3.15% on the BSE
 "Edelweiss Employees Trust divests 1.7% stake in Edelweiss Fin for ₹145 cr")
Loan growth, margin worries likely to weigh on LIC Housing Finance
The Q4 net operating income declined 3 per cent Y-o-Y to ₹2,170 crore with a net interest margin (NIM) expansion of 15 basis points quarter-on-quarter (Q-o-Q)
 "Loan growth, margin worries likely to weigh on LIC Housing Finance")
Equity volatility, liquid funds drive 2x growth in ETF volumes in FY25
ETFs tracking NSE indices recorded Rs 3.8 trillion in trades in FY25, more than double the FY24 figure, as equity swings, regulatory shifts and liquidity needs boost activity
 "Equity volatility, liquid funds drive 2x growth in ETF volumes in FY25")
Benchmarks slip for third straight day; Sensex, Nifty drop over 1%
RIL, HDFC Bank a major drag
 "Benchmarks slip for third straight day; Sensex, Nifty drop over 1%")
ASCI calls for regulatory clarity on opinion trading and its advertising
ASCI added that in some markets, it is regulated as a financial instrument, but in some others, it falls under gambling laws
 "ASCI calls for regulatory clarity on opinion trading and its advertising")
BSE's Asia Index expands offerings with four new factor-based indices
New indices - including momentum, quality and value - will be rebalanced quarterly, marking a key differentiator from existing offerings by NSE Indices
 "BSE's Asia Index expands offerings with four new factor-based indices")
Over 92% NSEL traders approve Rs 1,950 crore one-time settlement plan
The settlement scheme filed with NCLT proposes a payout to 5,682 traders to resolve the 2013 NSEL crisis, with rights transferred to 63 moons upon approval
 "Over 92% NSEL traders approve Rs 1,950 crore one-time settlement plan")
Zydus Life Q4 profit falls 1% YoY; ₹11 dividend declared; stock down 2%
Zydus Lifesciences consolidated net profit slipped about 1 per cent year-on-year (Y-o-Y) to ₹1,171 crore in the March quarter of financial year 2025 (Q4FY25), from ₹1,182 crore in Q4FY24.
 "Zydus Life Q4 profit falls 1% YoY; ₹11 dividend declared; stock down 2%")
Risk-off sentiments deepen as Sensex tumble 873 pts, Nifty below 24,700
Nifty Auto emerged as top sectoral laggard, down 2.17 per cent, due to heavyweights like Hero MotoCorp, Bajaj Auto, Maruti Suzuki, TVS Motor, Eicher Motor, and Bharat Forge falling over 2 per cent eac
 "Risk-off sentiments deepen as Sensex tumble 873 pts, Nifty below 24,700")
Blue Water Logistics IPO opens on May 27: Here's all you need to know
Blue Water Logistics aims to raise ₹40.50 crore through a fresh issue of 3 million equity shares
 "Blue Water Logistics IPO opens on May 27: Here's all you need to know")
Stock market close highlights: Sensex tanks 872 points, Nifty at 24,683; all sectors end in red
Sensex Today | Stock Market Highlights on Tuesday, May 20, 2025: Among the broader basket, the Nifty Midcap100 and Smallcap100 indices ended down by 1.62 per cent and 0.94 per cent, respectively
 "Stock market close highlights: Sensex tanks 872 points, Nifty at 24,683; all sectors end in red")
Indian Rupee ends 23 paise weaker at 85.63/$; dollar, crude trade weak
The domestic currency depreciated 23 paise to end at 85.63 after closing at 85.40 against the greenback on Monday
 "Indian Rupee ends 23 paise weaker at 85.63/$; dollar, crude trade weak")
Sensex falls 900 pts, Nifty below 24,700; why are markets down today?
Why are markets falling? Rising Covid-19 cases in Asia, including India, Moody's downgrade of US ratings, and fall in US futures are some of the reasons why markets are down today
 "Sensex falls 900 pts, Nifty below 24,700; why are markets down today?")
Voda-Idea hits 52-wk low; falls 12% in 2 days as SC dismisses AGR dues plea
Vodafone Idea said that the Hon'ble Supreme Court refused to admit the Writ Petition filed by the company, seeking appropriate relief in the AGR matter.
 "Voda-Idea hits 52-wk low; falls 12% in 2 days as SC dismisses AGR dues plea")
Ashish Kacholia-backed Sri Lotus Developers gets Sebi nod for ₹792-cr IPO
Sri Lotus Developers IPO is an entirely fresh issue of shares worth ₹792 crore, with no offer for sale component
Power generation stock soars 25% in 2 days; bounce back 94% from April low
Shares of Inox Green Energy Services hit an eight-month high, surging 15% on the BSE in Tuesday's intra-day, amid heavy volumes
 "Power generation stock soars 25% in 2 days; bounce back 94% from April low")
Eris Lifesciences rises 4% on posting Q4 results; Check all details here
Eris Lifesciences stock advances 4 per cent as the company posts consolidated net profit for the quarter stood at ₹102 crore, rising 28 per cent YoY
 "Eris Lifesciences rises 4% on posting Q4 results; Check all details here")
A bull-market illusion? Handful of stocks driving the surge, data reveals
The index may flirt with 25,000, but most stocks are still nursing their wounds, SAMCO Securities said in a recent note
 "A bull-market illusion? Handful of stocks driving the surge, data reveals")
Shyam Metalics up 2% on foraying into wagon manufacturing in West Bengal
Shyam Metalics' share price rose after the company announced its entry into the wagon manufacturing business.
 "Shyam Metalics up 2% on foraying into wagon manufacturing in West Bengal")