Page 562 - Markets News
Jefferies signals bullish outlook for ONGC; Sees 56% upside for stock
In the upside scenario, Jefferies gave a target price of ₹430 apiece, which is a 79 per cent upside for the stock
 "Jefferies signals bullish outlook for ONGC; Sees 56% upside for stock")
Silver trading strategy: Check Support, Resistance, other key levels here
Silver prices rose nearly 18 per cent in Q1 2025 as the it rallied around 3 per cent last week.
 "Silver trading strategy: Check Support, Resistance, other key levels here")
CSB Bank advances 5% after reporting Q4 update; total deposits grow 24% YoY
In its Q4 update released on Tuesday, after market hours, the company's total deposits for the quarter stood at ₹36,861 crore as compared to ₹29,719 crore a year ago
 "CSB Bank advances 5% after reporting Q4 update; total deposits grow 24% YoY")
RITES share falls 3.5% on contract termination by UP State Bridge Corp
The drop in RITES share price came after the company revealed that its contract with UP State Bridge Corporation has been terminated.
 "RITES share falls 3.5% on contract termination by UP State Bridge Corp")
ATC Energies shares list at 9% discount, misses IPO GMP estimates
ATC Energies was a book-built issue of ₹63.76 crore, comprising a fresh issue of 4.32 million equity shares and OFS of 1.08 million shares aggregating to ₹12.74 crore
 "ATC Energies shares list at 9% discount, misses IPO GMP estimates")
Shri Ahimsa Naturals post solid debut, shares list at 18% premium
Shri Ahimsa Naturals shares listed at Rs 140 apiece on the NSE SME, reflecting a premium of ₹21 or 17.65 per cent over the issue price of Rs 119 per share
 "Shri Ahimsa Naturals post solid debut, shares list at 18% premium")
Godawari Power slips 2% on suspending ops at Boria Tibu iron ore mines
The drop in Godawari Power and Ispat share price came after the company said that mining activities at Boria Tibu, Chhattisgarh, have been temporarily suspended with effect from April 1, 2025
 "Godawari Power slips 2% on suspending ops at Boria Tibu iron ore mines")
Retaggio Industries IPO ends today; subscription crosses 1x, GMP flat
Retaggio Industries IPO comprises an entirely fresh issue of 6.19 million equity shares, available at ₹25 per share, with a lot size of 6,000 shares
 "Retaggio Industries IPO ends today; subscription crosses 1x, GMP flat")
Indian Rupee opens 21 paise weaker at 85.68/$ with Trump tariffs in focus
Tracking the fall in the dollar index, the currency appreciated by 2.39 per cent in March, registering the best month since November 2018
 "Indian Rupee opens 21 paise weaker at 85.68/$ with Trump tariffs in focus")
Why Bernstein thinks Waaree, Premier Energies will 'Underperform' ahead?
While the Indian solar photovoltaic (PV) manufacturing space is an intriguing one, Bernstein sees potential risks.
 "Why Bernstein thinks Waaree, Premier Energies will 'Underperform' ahead?")
Last chance! United Spirits shares to go ex-dividend tomorrow; details here
United Spirits has announced a payment of an interim dividend of ₹4 per equity share (face value ₹2 each) for FY25. Record date, payment date, dividend yield, dividend history - check here
 "Last chance! United Spirits shares to go ex-dividend tomorrow; details here")
Stocks to Watch on Apr 2, 2025: CSB Bank, Zomato, Swiggy, auto stocks, MTNL
Stocks to Watch on Apr 2, 2025: Zomato, Swiggy, auto stocks, and others will remain in focus today
 "Stocks to Watch on Apr 2, 2025: CSB Bank, Zomato, Swiggy, auto stocks, MTNL")
Market Today, Apr 2: Sensex, Nifty outlook ahead of Trump tariff; Gold, IPO
Stock Market Today, April 2, 2025: US President Donald Trump will announce the upcoming "reciprocal tariffs" at Rose Garden at 4:00 PM EST (1:30 AM IST)
 "Market Today, Apr 2: Sensex, Nifty outlook ahead of Trump tariff; Gold, IPO")
Vinay Rajani of HDFC Securities suggests buying these stocks on April 2
NMDC stock price has been forming higher tops and higher bottoms on the daily chart.
 "Vinay Rajani of HDFC Securities suggests buying these stocks on April 2")
Margin improvement likely to boost life insurance companies' stocks
Diversified insurers like ICICI Prudential Life Insurance or IPRU may be better positioned while those reliant on parent bancassurance
 "Margin improvement likely to boost life insurance companies' stocks")
NSDL IPO expected by July as Sebi extends in-principle listing approval
In a letter dated March 28, Sebi granted an extension to the in-principle approval for listing, subject to certain conditions
 "NSDL IPO expected by July as Sebi extends in-principle listing approval")
Relief for brokers as stock exchanges ease technical glitch norms
The exchanges have also revised the list of instances that will be considered a technical glitch, excluding those where the broker is not at fault
 "Relief for brokers as stock exchanges ease technical glitch norms")
Clearing corporation ownership shift remains shrouded with uncertainty
Sources say diversified shareholding may create challenges in fundraising, will add complexities
 "Clearing corporation ownership shift remains shrouded with uncertainty")
FPI selloff ahead of US President Donald Trump tariff move rattles markets
Sensex, Nifty post worst single-day fall since February 28
 "FPI selloff ahead of US President Donald Trump tariff move rattles markets")
Vodafone Idea soars 19% on Govt aid; stock a 'high risk' play, say analysts
Vodafone Idea news: Vodafone Idea will issue 36.95 billion equity shares, as part of the debt conversion process, which will increase the Government's stake in Vi to 49 per cent
 "Vodafone Idea soars 19% on Govt aid; stock a 'high risk' play, say analysts")