Page 50 - Markets News

Rentomojo shares make positive debut, list at nearly 20% premium

Rentomojo shares listed 18.81 per cent higher at ₹480 on BSE and 19.42 per cent higher at ₹482 on NSE.

LCC Projects shares make strong debut, list at over 31% premium

LCC Projects shares listed 31.4 per cent higher at ₹191 on BSE and 29.45 per cent higher at ₹189 on NSE.

NSE IPO opens for bidding: Here's how you can apply to the offer

NSE IPO subscription started on September 17 and concludes on September 21. NSE has set the price band at ₹1,700 to ₹1,785. Investors can bid for 8 shares in each lot.

Rupee crosses 96 mark vs US dollar after Fed's first rate hike since 2023

The Fed raised interest rates by 25 basis points on ​Wednesday, its first increase since 2023, with officials expecting one more increase ​this year.

Stocks to watch: Mazagon Dock, JSW Energy, Highway Infra, Fortis & Infosys

Stocks to watch today: LCC Projects, Karamtara Engineering, Manipal Payment, Rentomojo, Steamhouse India and Asset Reconstruction Company (India) are slated to list on the bourses today.

Radico Khaitan among 3 stock ideas for today by Bonanza's Kunal Kamble

Tata Communications, PVR INOX and Radico Khaitan are showing bullish technical setups, backed by breakouts, support-based reversals and improving momentum indicators.

Higher-than-expected 40 bps UPI fee set to boost fintech earnings

The framework excludes UPI-linked CC payments, and is expected to affect only 4 per cent of merchant transaction volume.

Kamlesh Chandra Varshney gets extension as Sebi whole-time member

Varshney will continue as a whole-time member of the market regulator until August 4, 2029, when he turns 65, or until further orders, whichever is earlier

FMCG, PSU banks lift markets as IT drags; Tata stocks caught in crossfire

Indian equities recover as FMCG and PSU bank stocks gain, while IT shares and Tata group stocks face selling pressure ahead of the Tata Sons board meeting

Sebi bars broker and related entity for cross-segment price manipulation

Sebi alleges the entities used single-stock futures and options to manipulate prices, bars six from the market and orders Rs 28.12 crore in wrongful gains to be impounded.

Ipca's earnings dose gets stronger, but stock upside thins after rally

A strong Q1 and higher FY27 guidance improve outlook

ICICI Pru MF, SBI MF corner half of LIC's ₹31,552 crore OFS in August

The two fund houses bought LIC shares worth Rs 17,145 crore in August, while mutual funds together accounted for an estimated 76.5 per cent of the government's OFS.

Stock Market Close: Sensex gains 333 pts, Nifty settles at 23,218; Nifty FMCG rises nearly 2%

Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap fell 0.01 per cent and 0.18 per cent, respectively

Kopran soars 10%, rallies 154% in FY27 so far; what's driving pharma stock?

Kopran share price: Average volumes on the counter more than doubled with a combined 13.12 million shares having changed hands on BSE and NSE.

Gold outlook hinges on Fed signals; metal could test $4,200: Kotak Sec

In August, Treasury more than doubled its bond repurchase operations from $2 billion to at least $4 billion per operation

Paytm, Pine Labs: Jefferies, Goldman decode MDR impact on UPI payments

Jefferies said that MDR on UPI comes ahead of estimates and is "higher than expectations" of 25bps, while Emkay Global believes that this development lifts the revenue pool for the industry.

Rossell Techsys shares zoom 101% in six months, hit new high; here's why

With diversified presence across defense, commercial aerospace and space programs, Rossell Techsys is well positioned to capitalize on these long-term growth drivers.

Pranav Constructions stock tanks 37% in 2 days, slips below issue price

Pranav Constructions' share price plunged 20% to ₹104.15 on the BSE in Wednesday's intraday deals, falling below its issue price of ₹124 per share.

ITC leads as Nifty FMCG gains 2%; festive season puts sector in focus

In the Nifty FMCG basket 13 stocks advanced while only 2 declined. Intraday, the FMCG index was up 1.82 per cent to 45,645.20.

Tata Chem rebounds 14% from intra-day low on huge volume; up 29% in 2 days

Tata Chemicals' holding in Tata Sons is around 2.5 per cent. Going by the rough-cut valuation, hypothetically, the investment value could be ₹10,000-15,000 crore, as per ICICI Securities.