Page 597 - Markets News

Coforge hits upper circuit as board approves stock split, acquisition

In the board meeting, a stock split was approved in a 1:5 ratio i.e. existing equity shares of face value of Rs 10 each will be split into 33,43,65,495 shares of face value of Rs 2

Welspun Specialty stock hits 5% upper circuit on Rs 232-cr order win

The uptick in Welspun Specialty share price came after the company was notified as L1 bidder by Bharat Heavy Electricals Limited (BHEL, Trichy) for a project worth about Rs 231.77 crore, excluding GST

Balaji Phosphates IPO allotment today; check status, GMP, listing date

Once the allotment is finalised, investors can check their status on the official websites of the NSE or Skyline Financial Services, the registrar for the IPO

Stocks to Watch, March 5: Adani Wilmar, Coforge, Biocon, Ola Electric, RVNL

Biocon: The company's subsidiary, Biocon Pharma, has received USFDA approvals for Lenalidomide capsules and Dasatinib tablets, and tentative approval for Rivaroxaban tablets

Markets Today: February Services PMI; Trump tariffs; FIIs; Shreenath IPO

Stock Markets Today: As of 6:31 AM, GIFT Nifty Futures were down 54 points at 22,137, hinting at a negative start.

NSE to shift Nifty expiry to Mon; PB Fintech CEO settles matter with Sebi

The derivative contracts of Bank Nifty, Midcap Nifty, and other indices and stocks are also being moved to last Monday of the respective month

At current crude oil levels, correction could turn ONGC attractive

The US EIA forecasts Brent crude prices to average $74 per barrel in CY25, down 8 per cent Y-o-Y and to decline to $66 per barrel in CY26

Fund Pick: HDFC Focused 30 Fund stands tall, aiming for greater gains

The fund outperformed the benchmark (Nifty 500 TRI) in the past 6 months, as well as one-, two-, three-, five-, seven- and 10-year trailing periods

Bombay HC stays special court order directing FIR against Buch, five others

The court said order passed 'mechanically', adjourns the matter for four weeks

Nifty 50 hits record losing streak, longest since 1996 inception

Between December 28, 1995, and January 10, 1996, the Nifty had previously declined by about 6 per cent over 10 straight sessions of losses

Flexible and debt-heavy multi-asset funds brave market correction

Schemes with downside protection strategies shine

FMCG index hits 21-month low; HUL, Marico, Nestle, Dabur down up to 3%

FMCG stocks: In the past one month, the BSE FMCG index has tanked 12 per cent as compared to 7 per cent decline in the BSE Sensex

Wall Street's losing streak deepens as Donald Trump's tariffs kick in

Anxiety over tariffs is also bleeding into the corporate side of the economic equation

Sebi income rises 48% to Rs 2,075 cr in FY24, driven by fees, subscriptions

Apart from total income, the total expenditure of the regulator rose to Rs 1,006 crore for the year ended March 31, 2024, from Rs 851.33 crore in the previous fiscal,

Stock market close highlights: Sensex sheds 96pts, Nifty at 22,083; Auto, IT fall; banks shine

Sensex Today | Stock Market Highlights, March 4: Among the broader markets, the Nifty Smallcap100, and Nifty Midcap100 indices settled higher by 0.69 per cent, and 0.05 per cent respectively

Jio Financial up 3%; to acquire 79 mn shares of Jio Payments Bank from SBI

Jio Financial currently holds 82.17 per cent of the paid-up equity share capital of Jio Payments Bank Limited, a joint venture of the company and State Bank of India (SBI)

BSE Auto index hits 52-week low; tanks 14% in 1 month on muted performance

Barring tractors, wholesale volume performance during February 2025 was muted across most segments

Senores Pharma up 7% on acquiring 14 ANDAs from Dr. Reddy's Laboratories

The basket acquired, comprises of 13 ANDAs, which are approved by the US Food anf Drugs Administration (US FDA) and 1 ANDA, which is pending approval from the USFDA

Nifty at 22,000: 5 reasons Axis Securities believes market near a bottom

From key moving averages, momentum oscillators to historical price trends - Axis Securities in its report highlights the key metrics in its argument that the Nifty may be near a bottom this March.

HBL Engineering gains 5% on bagging Rs 148 crore order from Bhopal Division

The order is worth Rs 148.44 crore for the provision of KAVACH in Bina-Itarsi- Jujharpur section, BPL-SHRN section, and UP and DN flyover track from Jujharpur to Powarkheda of Bhopal Division