Page 529 - Markets News
IndusInd Bank shares sink 3% as MD and CEO Kathpalia tenders resignation
The private lender's stock fell as much as 3.31 per cent during the day to ₹810.05 per share
 "IndusInd Bank shares sink 3% as MD and CEO Kathpalia tenders resignation")
Smallcap defence stock surges 41% in 3 days, zooms 81% 14 days; here's why
Shares of Paras Defence rallied 10% to hit a nine-month high of ₹1,469, ahead of a board meeting today to consider Q4FY25 results and a stock split proposal.
 "Smallcap defence stock surges 41% in 3 days, zooms 81% 14 days; here's why")
How to trade gold on Akshaya Tritiya? Praveen Singh of Mirae Asset suggests
The metal may test $3372-$3400 resistance zone. Upside is likely to be capped at $3400 in the short-term
 "How to trade gold on Akshaya Tritiya? Praveen Singh of Mirae Asset suggests")
Trent shares drop 4% after Q4 earnings; results breakdown, analysis here
The fashion and lifestyle retailer's stock fell as much as 3.64 per cent during the day to ₹5,195 per share
 "Trent shares drop 4% after Q4 earnings; results breakdown, analysis here")
Tankup Engineers shares list at 25% premium, surpassing IPO GMP estimates
Tankup Engineers shares listed at ₹175 apiece on the NSE, reflecting a premium of ₹35 per share or 25 per cent against the issue price of ₹140 per share
 "Tankup Engineers shares list at 25% premium, surpassing IPO GMP estimates")
Market Holiday: Are NSE, BSE open or shut on Maharashtra Day, May 1?
Stock Market Holiday: Stock markets in India will remain shut on Thursday, May 1, 2025, on account of Maharashtra Day
 "Market Holiday: Are NSE, BSE open or shut on Maharashtra Day, May 1?")
Rupee opens stronger at 85.15/$ as oil falls; focus on India-Pak tensions
The domestic currency opened 10 paise higher at 85.15 after ending at 85.25 against the greenback on Tuesday
 "Rupee opens stronger at 85.15/$ as oil falls; focus on India-Pak tensions")
Dividend stocks: ABB India, KSB, 4 others to remain in focus today
Here is the complete list of stocks that will remain in the spotlight during trading sessions following their dividend announcements to shareholders as they go ex-date on Friday, May 2, 2025
 "Dividend stocks: ABB India, KSB, 4 others to remain in focus today")
How much should you allocate to gold in your portfolio this Akshaya Tritiya?
In early 1980, investors, according to Capitalmind, were inspired by the stellar returns of the 1970s. If they invested in gold back then, they would have faced two decades of negative returns.
 "How much should you allocate to gold in your portfolio this Akshaya Tritiya?")
Why DIIs net sold index futures for last 8 days? Here's what F&O data says
The NSE F&O data shows that domestic institutional investors offloaded over 36,000 contracts of index futures in the last 8 days, while the Nifty 50 index rose nearly 4 per cent.
 "Why DIIs net sold index futures for last 8 days? Here's what F&O data says")
Indian insurance companies planning $41 bn trade switch to bond forwards
Insurers are in talks with authorities to convert about Rs 3.5 trn ($41 bn) worth of rates derivative contracts into bond forwards. Such contracts offer investors the opportunity to own the securities
 "Indian insurance companies planning $41 bn trade switch to bond forwards")
Gold price climbs ₹10 to ₹97,980, silver declines ₹100 to ₹1,00,400
The price of 22-carat gold rose ₹10, with ten grams of the yellow metal selling at ₹89,810
TECHM, BEL, JSWENERGY: Top picks by Chandan Taparia of MOFSL; check targets
Nifty50 has formed a small bodied bearish candle on a daily frame but has started to form higher lows from the last two sessions
 "TECHM, BEL, JSWENERGY: Top picks by Chandan Taparia of MOFSL; check targets")
Sell stocks in May and go away? Here's what analysts suggest you do
Analysts believe that a selective and sector-specific approach will likely yield better results over the next few months
 "Sell stocks in May and go away? Here's what analysts suggest you do")
Stocks to buy: Vinay Rajani of HDFC Sec suggests buying these 2 stocks
Next resistance for the Nifty50 is seen at 24,545, which happens to be 61.8 per cent retracement of the entire fall seen from 26,277 to 21,743
 "Stocks to buy: Vinay Rajani of HDFC Sec suggests buying these 2 stocks")
Trade set-up, April 30: CCS meeting, US trade deal, Q4 results in focus
Stock Market Today, Sensex Today, April 30: CCS meeting on Pahalgam attack, Q4 results, Ather Energy IPO, Tanup Engineers listing, and India-US trade deal will guide the stock markets today
 "Trade set-up, April 30: CCS meeting, US trade deal, Q4 results in focus")
Stocks to Watch, April 30: Bajaj Finance, Trent, IndusInd, Ambuja, SBI
Stocks to Watch on Wednesday: Bajaj Finance, Trent, IndusInd, Ambuja, SBI, BPCL, Bajaj Finserv, CEAT and Infosys are among the stocks to watch today, April 30, 2025
 "Stocks to Watch, April 30: Bajaj Finance, Trent, IndusInd, Ambuja, SBI")
Weak demand, higher input costs may put pressure on UltraTech Cement
Blended realisation per tonne improved 8.7 per cent Y-o-Y and rose 8.1 per cent Q-o-Q to ₹6,326 per tonne. Operating profit was up by 12.3 per cent Y-o-Y and improved 59.5 per cent Q-o-Q to ₹4,620 cr
 "Weak demand, higher input costs may put pressure on UltraTech Cement")
Markets set to implement common contract note framework this week
A contract note serves as a formal record of transactions, detailing the number of shares, price, brokerage charges, taxes, and other key information
 "Markets set to implement common contract note framework this week")
Large investor concentration in smallcap funds at 14-month low, shows data
Median smallcap scheme has 2.03% of its investments from top 10 investors
 "Large investor concentration in smallcap funds at 14-month low, shows data")