Page 673 - Markets News
Dr Agarwal's Healthcare IPO GMP slips on Day 2; subscription drags at 8%
The unlisted shares of Dr Agarwal's Healthcare were trading at around Rs 407 apiece, reflecting a grey market premium (GMP) of Rs 5 or 1.24 per cent over the upper end of the issue price
 "Dr Agarwal's Healthcare IPO GMP slips on Day 2; subscription drags at 8%")
Brigade Enterprises jumps 8% on posting Q3 results; PAT up 221%; rev up 25%
As per the filing, in Q3, the company's net bookings in the real estate segment stood at 2.19 mn sft with a sale value of Rs 2,492 crore and collections stood at Rs 1,777 crore
 "Brigade Enterprises jumps 8% on posting Q3 results; PAT up 221%; rev up 25%")
Nifty bias improves; analysts expect further gains above 23,200
In the derivatives segment, Crompton Greaves, Titan and HDFC Bank saw over 90 per cent rollovers on Wednesday. The Nifty Put-Call-Ratio rose above 1, with FIIs cutting down some of their short bets.
 "Nifty bias improves; analysts expect further gains above 23,200")
JK Paper share price tanks 11% on posting 72% decline in Q3 net profit
JK Paper reported a 72 per cent decrease in consolidated net profit of Rs 65.39 crore as compared to a profit of Rs 235.11 crore a year ago
 "JK Paper share price tanks 11% on posting 72% decline in Q3 net profit")
Analysts bullish on Maruti Suzuki post Q3, positive on CNG, EV growth
The Maruti Suzuki's e-Vitara electric vehicle (EV) is expected to fuel long-term growth, especially with strong export potential, analysts said.
 "Analysts bullish on Maruti Suzuki post Q3, positive on CNG, EV growth")
Dividend, Bonus issue: NTPC, Coal India, 15 others to remain in focus today
Here is the complete list of companies whose shares will trade ex-date tomorrow, January 31, along with their key corporate announcements, as per data available on the BSE
 "Dividend, Bonus issue: NTPC, Coal India, 15 others to remain in focus today")
Stocks to Watch, Jan 30: Adani Ent, Bajaj Fin, Infy, Voltas, SRF, JK Paper
Stocks to watch on January 30, 2025: Bajaj Finance reported a Q3 net profit of Rs 4,240 crore, up from Rs 3,639 crore Y-o-Y, exceeding estimates of Rs 4,098 crore.
 "Stocks to Watch, Jan 30: Adani Ent, Bajaj Fin, Infy, Voltas, SRF, JK Paper")
Buy Marico, SRF, Sell Feb Futures of HPCL: Ajit Mishra of Religare Broking
Stocks to Buy Today, Jan 30: Nifty is recovering amid choppy conditions and approaching its critical resistance at 23,300 (20-DEMA)
 "Buy Marico, SRF, Sell Feb Futures of HPCL: Ajit Mishra of Religare Broking")
Ruchit Jain of Motilal Oswal picks stocks to buy today for near-term upside
Stocks to Buy Today: BHEL share price has formed a 'Bullish Engulfing' pattern on the daily chart. The upmove in BHEL share has seen good volumes
 "Ruchit Jain of Motilal Oswal picks stocks to buy today for near-term upside")
Markets Today: US Fed outcome; L&T, TaMo Q3; Dr. Agarwal's, CLN Energy IPOs
In the previous session, the Sensex jumped 631.55 points, or 0.83 per cent, to settle at 76,532.96. The Nifty50 also added 205.85 points, or 0.90 per cent, to close at 23,163.10
 "Markets Today: US Fed outcome; L&T, TaMo Q3; Dr. Agarwal's, CLN Energy IPOs")
Limited near-term upside in Hindustan Zinc stock; firm aiming for expansion
The improvement was due to higher metal grades and better domestic coal availability, supported by increased renewable energy
 "Limited near-term upside in Hindustan Zinc stock; firm aiming for expansion")
Budget may boost investor confidence, provide mkt triggers: Naveen Kulkarni
The valuations for Foreign Institutional Investors (FIIs) have become reasonable, but their main challenge is the stabilisation of the currency
 "Budget may boost investor confidence, provide mkt triggers: Naveen Kulkarni")
Markets rise for second consecutive day amidst gains in tech stocks
The benchmark Nifty 50 index closed at 23,163, up 206 points, or 0.9 per cent, extending its two-day gain to 1.51 per cent
 "Markets rise for second consecutive day amidst gains in tech stocks")
Hospitality giant ITC Hotels becomes second most valued hotel stock
Spun-off unit to open 200 hotels in five years
 "Hospitality giant ITC Hotels becomes second most valued hotel stock")
Smallcap funds tap into 'microcaps' as AUM expands, market gains depth
Average smallcap exposure beyond top 500 stocks rises to 31% from 22% in three years
 "Smallcap funds tap into 'microcaps' as AUM expands, market gains depth")
SAT dismisses plea by Salasar Stock Broking in the Ketan Parekh case
Salasar will have to make the full deposit of wrongful gains in the alleged front-running matter
 "SAT dismisses plea by Salasar Stock Broking in the Ketan Parekh case")
SBI Card's credit costs pinch Q3 earnings; analysts in wait-and-watch mode
SBI Card share price: SBI Card's profitability was tepid in Q3FY25, driven by elevated credit costs, subdued margins, weak revolving mix, regulatory headwinds on fee income, and rising delinquencies
 "SBI Card's credit costs pinch Q3 earnings; analysts in wait-and-watch mode")
Sebi bars intermediaries from sharing info with unauthorised advisers
The term "association", it said, includes any money transaction, referring a client, sharing information between systems or any similar type of relationship
 "Sebi bars intermediaries from sharing info with unauthorised advisers")
Sebi mulls amending investor charter for stock brokers to protect consumers
The proposal is also in view of the recent developments in the securities market including introduction of Online Dispute Resolution (ODR) platform and SCORES 2.0
 "Sebi mulls amending investor charter for stock brokers to protect consumers")
Ascertis Credit closes Rs 1k cr short-term income fund, exceeding target
The fund, part of Ascertis' new Income Fund Series, was launched in response to investor demand for a shorter-term investment vehicle with regular income distribution
 "Ascertis Credit closes Rs 1k cr short-term income fund, exceeding target")