Page 702 - Markets News
Adani Enterprises tests 9-yr trend line support; tech view on group stocks
Adani group stocks have tumbled up to 47% since the start of December quarter. In case of a pullback Adani Green, Adani Ports and Adani Power can potentially rally up to 32%, show tech charts.
 "Adani Enterprises tests 9-yr trend line support; tech view on group stocks")
Premier Energies gains 6% on bagging multiple orders worth Rs 1,460 cr
The company received orders from two large independent power producers (IPP) who were not named and others. These orders include Rs 1,041 crore for solar modules and Rs 419 crore for solar cells
 "Premier Energies gains 6% on bagging multiple orders worth Rs 1,460 cr")
Sula Vineyards rises 4% after posting highest revenue in Q3FY25; details
Sula Vineyards share price gained 3.87 per cent at Rs 389 a piece on the BSE in Wednesday's intraday trade
 "Sula Vineyards rises 4% after posting highest revenue in Q3FY25; details")
Quadrant Future Tek soars 44% in 2 days; zooms 85% against issue price
Shares of Quadrant Future Tek (Quadrant) rallied nearly 20% to Rs 537.80 on the BSE in intraday trade, zooming 85% against its issue price of Rs 290 per share.
 "Quadrant Future Tek soars 44% in 2 days; zooms 85% against issue price")
Barflex Polyfilms IPO closes today; Subscription reaches 15x, GMP up 23%
The unlisted shares of Barflex Polyfilms were trading at Rs 74 apiece, reflecting a grey market premium (GMP) of Rs 14 or 23.33 per cent against the upper end of the IPO price band of Rs 60
 "Barflex Polyfilms IPO closes today; Subscription reaches 15x, GMP up 23%")
Asian stocks mixed ahead of US inflation data that could direct Fed rates
Stocks got a boost from a report showing inflation at the US wholesale level wasn't as high last month as economists expected
 "Asian stocks mixed ahead of US inflation data that could direct Fed rates")
Adani Green Energy up 7% on arm commissioning 57.2 MW wind power component
With the commissioning of this plant, Adani Green Energy's total operational renewable generation capacity has increased to 11,666.1 MW
 "Adani Green Energy up 7% on arm commissioning 57.2 MW wind power component")
Laxmi Dental IPO closes today; check subscription status, GMP, listing date
Non-Institutional Investors (NIIs) have driven demand for the Laxmi Dental IPO, oversubscribing their reserved category by 37.41 times
 "Laxmi Dental IPO closes today; check subscription status, GMP, listing date")
Shoppers Stop jumps 11% on posting Q3 nos; profit up 37%; rev up 9% YoY
The company's revenue for the quarter under review stood at Rs 1,311 crore, up 8.7 per cent year-on-year (Y-o-Y), as compared to Rs 1,207 crore
 "Shoppers Stop jumps 11% on posting Q3 nos; profit up 37%; rev up 9% YoY")
Nifty options hint max pain at 23,450; Adani Energy, UBL see short-covering
Meanwhile, NSE F&O data shows that FIIs were net sellers in Nifty futures for the sixth straight trading session on Tuesday, with net sales of 70,318 contracts in this period.
 "Nifty options hint max pain at 23,450; Adani Energy, UBL see short-covering")
How to trade Gold as outlook stays bearish? Levels to watch? Check strategy
Gold price today: Gold is expected to range trade ahead of the US CPI report
 "How to trade Gold as outlook stays bearish? Levels to watch? Check strategy")
Sat Kartar Shopping IPO allotment today; check status, GMP, listing date
Once the allotment of Sat Kartar Shopping IPO shares is finalised, investors who applied for the public offering can check the status on the official websites of NSE, and Skyline Financial Services
 "Sat Kartar Shopping IPO allotment today; check status, GMP, listing date")
Silver price outlook: US CPI next trigger; check support, resistance level
Silver rate today: The metal may recover should the US CPI data turn out to be subdued, though upside is likely to be capped
 "Silver price outlook: US CPI next trigger; check support, resistance level")
Stocks to Watch, Jan 15: HDFC AMC, Premier Energies, Glenmark Life, IRFC
Stocks to watch on January 15, 2025: HDFC AMC reported a strong Q3 performance, with its standalone net profit increasing to Rs 64 crore, up from Rs 49 crore in the same period last year
 "Stocks to Watch, Jan 15: HDFC AMC, Premier Energies, Glenmark Life, IRFC")
Markets Today: Nifty outlook, Q3 results, FII selling, Laxmi Dental IPO
Stock Markets Today, Jan 15: 24 companies are scheduled to report their Q3FY25 results today, including Ceat Q3 results, HDFC Life Q3 results, LTTS Q3 results, and Bank of Maharashtra Q3 results
 "Markets Today: Nifty outlook, Q3 results, FII selling, Laxmi Dental IPO")
Chandan Taparia of MOFSL recommends buying these 3 stocks on January 15
Stocks to buy today, Jan 15: Bajaj Finance share price is on the verge of a breakout from a flag and pole pattern on the daily chart with higher-than-average buying volumes
 "Chandan Taparia of MOFSL recommends buying these 3 stocks on January 15")
Vinay Rajani of HDFC Sec picks 2 stocks to buy today, shares Nifty outlook
Nifty 50 today: The 50-stock benchmark index has formed a small candle within the previous day's move, which indicates probable change in the short-term trend, says Rajani
 "Vinay Rajani of HDFC Sec picks 2 stocks to buy today, shares Nifty outlook")
Ravi Nathani recommends buy-on-dips strategy for Nifty Energy & Nifty FMCG
Nifty FMCG: The range-bound movement of Nifty FMCG, within a defined range of 58,025 to 55,625, reflects a lack of clear directional bias for the index
 "Ravi Nathani recommends buy-on-dips strategy for Nifty Energy & Nifty FMCG")
NARCL sole bidder to buy Rs 50K cr bad loans of Jaiprakash Associates
NARCL has made an offer of Rs 12,000 crore to acquire the debt of 25 lenders on a 15:85 cash-to-security receipts basis
 "NARCL sole bidder to buy Rs 50K cr bad loans of Jaiprakash Associates")
HDFC AMC Q3 results: Profit jumps 31%, revenue surges 39% to Rs 934 cr
The HDFC AMC share gained 1.68 per cent on the NSE on Tuesday, closing at Rs 3,899
 "HDFC AMC Q3 results: Profit jumps 31%, revenue surges 39% to Rs 934 cr")