Page 570 - Markets News
HDFC Bank hits highest level in CY25, nears record high; up 9% in 2 weeks
In the past one year, HDFC Bank has outperformed the market by surging nearly 30 per cent, as compared to the 8 per cent rise in the BSE Sensex
 "HDFC Bank hits highest level in CY25, nears record high; up 9% in 2 weeks")
Sebi takes a fresh regulatory stance under Tuhin Kanta Pandey's leadership
Pivots towards transparency and ease of doing business
 "Sebi takes a fresh regulatory stance under Tuhin Kanta Pandey's leadership")
UBS upgrades UltraTech, Ambuja, Dalmia to 'buy' on earnings upcycle in FY26
All key cement demand drivers are in place and the sector should drive robust sector volume growth of 7-8 per cent CAGR over the medium term, UBS said
 "UBS upgrades UltraTech, Ambuja, Dalmia to 'buy' on earnings upcycle in FY26")
Sebi slaps Rs 35 lakh on 7 entities for indulging in non-genuine trades
The orders came after the Sebi observed large-scale reversal of trades in the illiquid stock options segment of BSE, leading to the creation of artificial volume
 "Sebi slaps Rs 35 lakh on 7 entities for indulging in non-genuine trades")
Stock market closing bell: IT defies market trends, benchmarks settle flat
The IT sector defied the market's trend by adding gains, driven by positive global cues stemming from expectations of softer tariffs and a recent correction in valuations
 "Stock market closing bell: IT defies market trends, benchmarks settle flat")
Stock Market Highlights: Sensex adds 32pts, Nifty ends at 23,668; SMIDs dip 1%; IT shares outshine
Sensex Today | Stock Market Highlights: Among the broader markets, the Nifty Midcap100 and Nifty Smallcap100 indices snapped their 5-day winning streaks and settled down by over 1 per cent each
 "Stock Market Highlights: Sensex adds 32pts, Nifty ends at 23,668; SMIDs dip 1%; IT shares outshine")
Indian Rupee snaps nine-day rally, ends 17 paise lower at 85.77/$
The domestic currency closed 17 paise weaker at 85.77 against the greenback after closing at 85.63 on Monday, according to Bloomberg data
 "Indian Rupee snaps nine-day rally, ends 17 paise lower at 85.77/$")
Shri Ahimsa Naturals day 1 update; subscription reaches 52%, GMP up 8%
Shri Ahimsa Naturals is available at a price band of ₹ 113 - ₹119 per share, and a lot size of 1,200 shares
 "Shri Ahimsa Naturals day 1 update; subscription reaches 52%, GMP up 8%")
Paytm gains 3% after announcing shift to direct transaction processing
The northward movement in the Paytm share price came after the company announced that it is shifting to direct transaction processing
 "Paytm gains 3% after announcing shift to direct transaction processing")
HEG, Graphite India zoom up to 18% on heavy volumes in weak broader market
Japan's cabinet has decided to impose provisional four-month anti-dumping duties on China's graphite electrode exports, effective March 29, according to reports
 "HEG, Graphite India zoom up to 18% on heavy volumes in weak broader market")
Rapid Fleet IPO closes today; subscription lags at 71%, GMP remains flat
The retail investor portion was subscribed 0.37 times, while the non-institutional investors (NII) portion was subscribed 0.74 times.
 "Rapid Fleet IPO closes today; subscription lags at 71%, GMP remains flat")
IndusInd Bank slips 5% ahead of accounting discrepancies report on Mar 28
External auditor PwC is likely to submit its report to IndusInd Bank's board on Friday March 28, regarding accounting discrepancies in its derivatives portfolio, PTI reported quoting sources
 "IndusInd Bank slips 5% ahead of accounting discrepancies report on Mar 28")
Here's why this Miniratna shipbuilding stock jumped 5% in trade on March 25
The rally in the Miniratna stock was fueled by the news that it had signed a contract with Carsten Rehder Schiffsmakler and Reederei GmbH & Co KG, Germany
 "Here's why this Miniratna shipbuilding stock jumped 5% in trade on March 25")
Colgate Palmolive hits 52-week low; slips 40% from Oct high on soft demand
In the past two months, shares of Colgate Palmolive (India), the market leader in oral care in the country, has underperformed the market by falling 15 per cent
 "Colgate Palmolive hits 52-week low; slips 40% from Oct high on soft demand")
BMW Industries jumps 10% after signing MoU with Steel ministry under PLI
The stock was in demand after the company inked a Memorandum of Understanding (MoU) with Ministry of Steel under the Production Linked Incentive (PLI) scheme 1.1 for specialty steel
 "BMW Industries jumps 10% after signing MoU with Steel ministry under PLI")
BSE MidCap, SmallCap indices snap 5-day winning run, fall up to 2% today
BSE SmallCap index: Since March 18, the BSE MidCap index has advanced by 7.6 per cent (3,019 points) on the exchange, while the BSE SmallCap index has jumped 9.16 per cent (4,017 points)
 "BSE MidCap, SmallCap indices snap 5-day winning run, fall up to 2% today")
Kalpataru Projects shares rise over 5% on ₹2,366 crore order win
Shares of Kalpataru Projects extended gains to seventh-day while they have fallen 22 per cent this year
 "Kalpataru Projects shares rise over 5% on ₹2,366 crore order win")
Central Bank shares slip 5% after launching QIP at floor price of Rs 42.62
The floor price for the QIP was set at ₹42.62 per share which was a discount of 9 per cent from Monday's closing at Rs 46.85 per share on BSE
 "Central Bank shares slip 5% after launching QIP at floor price of Rs 42.62")
Matrimony.com zooms 12% as board fixes record date for dividend payout
The record date is a specific date set by a company to determine which shareholders are eligible to receive dividends
 "Matrimony.com zooms 12% as board fixes record date for dividend payout")
Ola Electric falls 6% from day's high; Rosmerta withdraws insolvency plea
Ola Electric share price is down 64.5 per cent (as of Monday closing) from its all-time high of ₹157.3 per share
 "Ola Electric falls 6% from day's high; Rosmerta withdraws insolvency plea")