Page 576 - Markets News
With stock 15% down since Feb, margin concerns ahead for United Breweries
The alcoholic beverages segment saw some demand in Q3FY25, driven by the festive season, and the reopening of the Andhra Pradesh market
 "With stock 15% down since Feb, margin concerns ahead for United Breweries")
Sebi lowers minimum investment in social stock exchange to Rs 1,000
According to the latest directive, the September 2022 circular will now specify that the minimum investment size for ZCZP instruments will be Rs 1,000
 "Sebi lowers minimum investment in social stock exchange to Rs 1,000")
Sebi partners with DigiLocker to reduce unclaimed assets in securities mkt
The initiative will help investors store and access information on their demat and mutual fund holdings through DigiLocker benefiting investors and their families
 "Sebi partners with DigiLocker to reduce unclaimed assets in securities mkt")
Indian Rupee strengthens by 13 paise, rises for sixth-straight day
The domestic currency ended 13 paise stronger at 86.44 against the greenback after closing at 86.57 on Tuesday
 "Indian Rupee strengthens by 13 paise, rises for sixth-straight day")
Stock Market Highlights: Sensex adds 148 pts, Nifty at 22,908; Mid, Smallcap shares outperform
Share Market Highlights: Broader indices outperformed the benchmarks, with the Nifty Midcap100 and Nifty Smallcap100 indices settling higher by over 2 per cent each
 "Stock Market Highlights: Sensex adds 148 pts, Nifty at 22,908; Mid, Smallcap shares outperform")
Garden Reach up 20%, Mazagon Dock soars 10% on Germany's defence boost
All the 16 stocks in the Nifty India Defence Index were trading higher with Garden Reach and IdeaForge leading the pack
 "Garden Reach up 20%, Mazagon Dock soars 10% on Germany's defence boost")
Transrail Lighting shares gain 4% on securing orders worth Rs 1,647-cr
These new orders include Letters of Awards (LOAs) for major T&D projects in the overseas market involving EPC of transmission lines and substations
 "Transrail Lighting shares gain 4% on securing orders worth Rs 1,647-cr")
IndiGo stock soars 5%, hits record high on strong growth outlook
In the past two months, shares of InterGlobe Aviation have rallied 18 per cent after the company reported a better than expected growth in revenue, and an increase in passenger volumes.
 "IndiGo stock soars 5%, hits record high on strong growth outlook")
Global funds pile into Indian bonds even as they exit local equities
Foreigners bought $1.8 billion of rupee bonds this month so far, already higher than any monthly total since September
 "Global funds pile into Indian bonds even as they exit local equities")
Paradeep Parivahan IPO sees muted demand; subscription lags at 64%, GMP nil
The SME offering, which opened for subscription on March 17, has received a muted response from investors, with the issue being subscribed merely 64 per cent
 "Paradeep Parivahan IPO sees muted demand; subscription lags at 64%, GMP nil")
Westlife Foodworld share price up 3% on elevating Akshay Jatia as CEO
Westlife FoodWorld stock rose after it elevated Akshay Jatia, presently executive director (whole-time director) as chief executive officer (CEO), in place of Amit Jatia, effective March 19
 "Westlife Foodworld share price up 3% on elevating Akshay Jatia as CEO")
Bajaj Healthcare shares gain 10%, hits all time high in trade; here's why
Cenobamate is an advanced anti-seizure medication used for the treatment of partial-onset seizures in adults
 "Bajaj Healthcare shares gain 10%, hits all time high in trade; here's why")
Marksans Pharma up 3% as arm secures marketing authorisation for Baclofen
The northward move in Marksans Pharma came after the company's wholly-owned subsidiary, Relonchem, received Marketing Authorisation for the product Baclofen 10 mg Tablets from UK MHRA
 "Marksans Pharma up 3% as arm secures marketing authorisation for Baclofen")
Mobikwik stock rebounds 54% from record low in 3 days on heavy volumes
Till 11:51 AM; a combined equity shares worth of Rs 1,398 crore changed hands on the NSE and BSE in today's trading session, the exchange data shows.
 "Mobikwik stock rebounds 54% from record low in 3 days on heavy volumes")
Strides Pharma Science share price gains 3% on demerger news; details here
The proposed structure, the company said, envisages the NewCo to be a WOS of Strides and there will not be any impact on Strides, financially or otherwise, arising out of the proposed restructuring
 "Strides Pharma Science share price gains 3% on demerger news; details here")
Mahindra Lifespaces shares zoom 12% on partnering with Livingstone Infra
Located in the upscale Mahalaxmi area, the project site enjoys a prime position in one of South Mumbai's most sought-after neighborhoods
 "Mahindra Lifespaces shares zoom 12% on partnering with Livingstone Infra")
JSW Energy shares gain amid reports of Rs 800 crore fund raise via bonds
JSW Energy's stock rose as much as 3.55 per cent during the day to Rs 567.8 per share.
 "JSW Energy shares gain amid reports of Rs 800 crore fund raise via bonds")
LIC gains 3% in advance talks with a standalone health insurance company
The filing further read that the corporation is still in advanced talks and no binding agreement has been entered into
 "LIC gains 3% in advance talks with a standalone health insurance company")
NSE to relocate headquarters, convert BKC office into data center
The Mumbai Metropolitan Region Development Authority has allotted over an acre of prime land to NSE on a long-term lease of more than 80 years
 "NSE to relocate headquarters, convert BKC office into data center")
BSE, Zomato, Tanla: 1 in 10 Nifty500 stocks up over 3% today; how to trade?
Technical charts show that Tanla Platforms, Mazagon Dock have given a fresh breakout on the daily charts; these 2 stocks along with BSE, Zomato and GR Infra can potentially rally another 24 per cent.
 "BSE, Zomato, Tanla: 1 in 10 Nifty500 stocks up over 3% today; how to trade?")